Gold rates in Chhattisgarh
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
Gold is an esteemed commodity in Indian culture, cherished in households not only for its symbolic value but also as a solid investment. Over time, gold has consistently provided substantial benefits, including readily available liquidity and an increase in value often outpacing inflation, thereby solidifying its reputation as a prudent investment choice.
The gold prices in Chhattisgarh are shaped by both internal demand within India and global economic factors.
This dual influence means that gold prices in Chhattisgarh can fluctuate due to a variety of factors, ranging from changes in international market trends, and currency exchange rates, to shifts in local consumer behavior and buying patterns.
Especially during festive seasons and major life events like weddings, the demand for gold in Chhattisgarh, like the rest of India, often spikes, impacting prices. Moreover, global geopolitical events, economic policies of major gold-producing countries, and worldwide demand for gold also play a crucial role in determining its rate in the local market.
Gold is an esteemed commodity in Indian culture, cherished in households not only for its symbolic value but also as a solid investment. Over time, gold has consistently provided substantial benefits, including readily available liquidity and an increase in value often outpacing inflation, thereby solidifying its reputation as a prudent investment choice.
The gold prices in Chhattisgarh are shaped by both internal demand within India and global economic factors.
This dual influence means that gold prices in Chhattisgarh can fluctuate due to a variety of factors, ranging from changes in international market trends, and currency exchange rates, to shifts in local consumer behavior and buying patterns.
Especially during festive seasons and major life events like weddings, the demand for gold in Chhattisgarh, like the rest of India, often spikes, impacting prices. Moreover, global geopolitical events, economic policies of major gold-producing countries, and worldwide demand for gold also play a crucial role in determining its rate in the local market.
24K Gold Rates Per Gram in Chhattisgarh
Grams
Today
Yesterday
02 years
₹15,000
₹4.1 Lakhs
05 years
₹15,000
₹12.4 Lakhs
10 years
₹15,000
₹34.9 Lakhs
15 years
₹15,000
₹75.7 Lakhs
24K Gold Rates Per Gram in Chhattisgarh
24K Gold Rates Per Gram in Chhattisgarh
Grams
Today
Yesterday
1 Gram
₹15,000
₹4.1 Lakhs
₹15,000
8 Gram
₹15,000
₹12.4 Lakhs
₹15,000
10 Gram
₹15,000
₹34.9 Lakhs
₹15,000
12 Gram (1 Tola)
₹15,000
₹75.7 Lakhs
₹15,000
24K Gold Rates Per Gram in Chhattisgarh
Grams
Today
Yesterday
1 Gram
₹15,000.00
₹15,000.00
8 Gram
₹15,000
₹15,000.00
10 Gram
₹15,000
₹15,000.00
12 Gram (1 Tola)
₹15,000
₹15,000.00
Factors Affecting Gold Rates in Chhattisgarh
The March 2020 global pandemic has significantly disrupted economies worldwide. In Chhattisgarh, as in the rest of India, this has led to a noticeable increase in gold prices, driven by various factors:
The pandemic-induced global economic slowdown and subsequent lockdowns.
A situation of high demand coupled with low supply in the global gold market.
Declining interest rates on deposits alongside rising inflation rates.
A steady increase in the international costs of procuring gold.
Overall market conditions and economic downturns elevate gold prices.
Investors holding high liquidity and showing reluctance to invest in stock or equity markets.
The Indian Rupee's depreciation against a volatile US Dollar.
Higher export duties contribute to an increase in gold prices.
The March 2020 global pandemic has significantly disrupted economies worldwide. In Chhattisgarh, as in the rest of India, this has led to a noticeable increase in gold prices, driven by various factors:
The pandemic-induced global economic slowdown and subsequent lockdowns.
A situation of high demand coupled with low supply in the global gold market.
Declining interest rates on deposits alongside rising inflation rates.
A steady increase in the international costs of procuring gold.
Overall market conditions and economic downturns elevate gold prices.
Investors holding high liquidity and showing reluctance to invest in stock or equity markets.
The Indian Rupee's depreciation against a volatile US Dollar.
Higher export duties contribute to an increase in gold prices.
Historical Gold Rates in India for the Last 10 Days
DAY
22K Gold
24K Gold
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
Historical Gold Rates in India for the Last 10 Days
DAY
22K Gold
24K Gold
31 Dec 2023
₹63,305.00
0.00%
₹63,305.00
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305.90
0.00%
₹63,305.00
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
How is the purity of gold calculated in Chhattisgarh?
In Chhattisgarh, the assessment of gold rates and purity is overseen by the Indian Bullion Association. It is mandatory for gold dealers to hallmark their products, indicating the gold's purity.
The pricing of gold in Chhattisgarh, similar to other regions, is impacted by global market trends. As India does not engage in significant gold mining activities, the direct influence of these global market fluctuations on local gold prices is somewhat moderated.
Nonetheless, international factors remain crucial in determining the purchasing strength of gold importers and the wider consumer base in India, including in Chhattisgarh.
In Chhattisgarh, the assessment of gold rates and purity is overseen by the Indian Bullion Association. It is mandatory for gold dealers to hallmark their products, indicating the gold's purity.
The pricing of gold in Chhattisgarh, similar to other regions, is impacted by global market trends. As India does not engage in significant gold mining activities, the direct influence of these global market fluctuations on local gold prices is somewhat moderated.
Nonetheless, international factors remain crucial in determining the purchasing strength of gold importers and the wider consumer base in India, including in Chhattisgarh.
Necessary Documentation for Gold Investment in Chhattisgarh
Required Documentation for Gold Investment
When investing an amount of Rs. 2 lakhs or higher in gold, it's mandatory to present your PAN card along with proof of address.
To invest in Gold ETFs (Exchange-Traded Funds), you need to set up both a brokerage account and a Demat account with the firm offering the ETFs.
Investing in SGBs (Sovereign Gold Bonds) and digital gold typically requires minimal paperwork and does not necessitate a Demat account.
For investment in gold-related mutual funds, opening a brokerage and a Demat account is essential.
Required Documentation for Gold Investment
When investing an amount of Rs. 2 lakhs or higher in gold, it's mandatory to present your PAN card along with proof of address.
To invest in Gold ETFs (Exchange-Traded Funds), you need to set up both a brokerage account and a Demat account with the firm offering the ETFs.
Investing in SGBs (Sovereign Gold Bonds) and digital gold typically requires minimal paperwork and does not necessitate a Demat account.
For investment in gold-related mutual funds, opening a brokerage and a Demat account is essential.
Gold Rates in Top cities
CITY
22K Gold
24K Gold
Delhi
₹65,000
0.00%
₹65,000
0.00%
Kolkata
₹65,000
0.00%
₹65,000
0.00%
Mumbai
₹65,000
0.00%
₹65,000
0.00%
Chennai
₹65,000
0.00%
₹65,000
0.00%
Jaipur
₹65,000
0.00%
₹65,000
0.00%
Key Factors to Consider When Purchasing Gold in Chhattisgarh
When you're in the market for gold jewelry, here are the key things to verify:
BIS Certification: The Bureau of Indian Standards (BIS) verifies gold purity. For instance, 916 gold indicates that there are 91.6 grams of pure gold per 100 grams.
Hallmark Certification: This certificate details the gold's quality, including the BIS mark, jeweler's mark, caratage, and year of manufacture.
Caratage: 24K gold is 99.9% pure and represents the highest purity available. Lower purity levels, like 22K, 18K, 10K, or 14K gold, result from gold being mixed with other metals like copper.
Daily Gold Rates: Gold prices fluctuate and can vary across different locations. Jewelers typically base their prices on the daily rates from the Indian Bullion and Jewellers Association (IBJA) and add their margin. Stock exchange live prices and digital transaction rates may differ. Remember to also check alloy rates, as they don’t fetch returns.
Buy-Back Terms: Understand the store's buy-back terms, such as whether they offer an exchange based on weight or buy-back at the current gold rate in Chhattisgarh.
Making and Wastage Charges: The final price of gold jewelry often includes making charges, which can increase the cost by 7 to 25%. These charges are added to the current gold rate per gram in Telangana to determine the final price.
When you're in the market for gold jewelry, here are the key things to verify:
BIS Certification: The Bureau of Indian Standards (BIS) verifies gold purity. For instance, 916 gold indicates that there are 91.6 grams of pure gold per 100 grams.
Hallmark Certification: This certificate details the gold's quality, including the BIS mark, jeweler's mark, caratage, and year of manufacture.
Caratage: 24K gold is 99.9% pure and represents the highest purity available. Lower purity levels, like 22K, 18K, 10K, or 14K gold, result from gold being mixed with other metals like copper.
Daily Gold Rates: Gold prices fluctuate and can vary across different locations. Jewelers typically base their prices on the daily rates from the Indian Bullion and Jewellers Association (IBJA) and add their margin. Stock exchange live prices and digital transaction rates may differ. Remember to also check alloy rates, as they don’t fetch returns.
Buy-Back Terms: Understand the store's buy-back terms, such as whether they offer an exchange based on weight or buy-back at the current gold rate in Chhattisgarh.
Making and Wastage Charges: The final price of gold jewelry often includes making charges, which can increase the cost by 7 to 25%. These charges are added to the current gold rate per gram in Telangana to determine the final price.
FAQs on Gold Rates in Chhattisgarh
Where can I check the current live gold rates in Chhattisgarh?
Live gold rates in Chhattisgarh are available on financial news websites, mobile applications for gold prices, and at local jewelry stores.
What causes the fluctuation in live gold rates in Chhattisgarh?
Fluctuations in gold prices in Chhattisgarh are primarily due to global economic trends, market demand-supply dynamics, and currency exchange rates.
Do gold prices in Chhattisgarh change during the festive and wedding seasons?
Yes, gold prices in Chhattisgarh typically rise during festive and wedding seasons due to increased demand.
How do international market trends affect gold rates in Chhattisgarh?
International market trends, including global demand for gold and currency valuation, significantly influence gold rates in Chhattisgarh.
Is the gold rate in Chhattisgarh updated frequently throughout the day?
Yes, gold rates in Chhattisgarh are updated regularly to reflect the latest market conditions.
Where can I check the current live gold rates in Chhattisgarh?
Live gold rates in Chhattisgarh are available on financial news websites, mobile applications for gold prices, and at local jewelry stores.
What causes the fluctuation in live gold rates in Chhattisgarh?
Fluctuations in gold prices in Chhattisgarh are primarily due to global economic trends, market demand-supply dynamics, and currency exchange rates.
Do gold prices in Chhattisgarh change during the festive and wedding seasons?
Yes, gold prices in Chhattisgarh typically rise during festive and wedding seasons due to increased demand.
How do international market trends affect gold rates in Chhattisgarh?
International market trends, including global demand for gold and currency valuation, significantly influence gold rates in Chhattisgarh.
Is the gold rate in Chhattisgarh updated frequently throughout the day?
Yes, gold rates in Chhattisgarh are updated regularly to reflect the latest market conditions.
Gold Rates in Top cities
City
22k Gold
24k Gold
Delhi
₹15,000.00
₹15,000.00
₹15,000.00
₹15,000.00
Kolkota
₹15,000
₹15,000.00
₹15,000.00
Mumbai
₹15,000
₹15,000.00
Chennai
₹15,000
₹15,000.00
Jaipur
₹15,000
₹15,000.00
Author
Harish Malhi
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