Gold rates in Himachal Pradesh
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%)
Here's how you can leverage the current gold price in Himachal Pradesh to make informed gold purchases. In the year 2000, gold was priced at Rs 4,400 for 10 grams. By 2010, this rate had surged to Rs. 18,500.
Are you aware of the current gold price in Himachal Pradesh? Presently, the gold price in Himachal Pradesh stands at a remarkable Rs. 49,010 for 10 grams of 24K gold!
Understanding the historical trend in gold prices allows you to appreciate the potential for growth and value in your gold investments. By staying informed about today's gold rate in Himachal Pradesh, you can make informed decisions whether you are buying, selling, or simply monitoring the market.
The significant increase in the gold price over the years highlights its role as a valuable asset and a potential hedge against inflation and economic uncertainties. It underscores the importance of considering gold as a part of your diversified investment portfolio.
Here's how you can leverage the current gold price in Himachal Pradesh to make informed gold purchases. In the year 2000, gold was priced at Rs 4,400 for 10 grams. By 2010, this rate had surged to Rs. 18,500.
Are you aware of the current gold price in Himachal Pradesh? Presently, the gold price in Himachal Pradesh stands at a remarkable Rs. 49,010 for 10 grams of 24K gold!
Understanding the historical trend in gold prices allows you to appreciate the potential for growth and value in your gold investments. By staying informed about today's gold rate in Himachal Pradesh, you can make informed decisions whether you are buying, selling, or simply monitoring the market.
The significant increase in the gold price over the years highlights its role as a valuable asset and a potential hedge against inflation and economic uncertainties. It underscores the importance of considering gold as a part of your diversified investment portfolio.
24K Gold Rates Per Gram in Himachal Pradesh
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
22K Gold Rates Per Gram in Himachal Pradesh
24K Gold Rates Per Gram in Himachal Pradesh
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
22K Gold Rates Per Gram in Himachal Pradesh
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 Himachal Pradesh
Factors Influencing Gold Prices in Himachal Pradesh:
The recent upward movement in today's gold rate in Himachal Pradesh per gram can be attributed to several key factors. Since March 2020, the gold rate in Himachal Pradesh has displayed a consistent upward trend over a span of 90 days. Here's why the current gold rate in Himachal Pradesh 22k has experienced this rise:
Government Gold Reserves:
The Reserve Bank of India (RBI) holds significant gold reserves. Whenever the RBI engages in buying or selling gold from the market, it has a notable impact on the supply of gold, subsequently influencing price fluctuations.
Jewelry Investments:
Gold rates tend to rise in response to heightened demand, especially during festive seasons and the wedding season when demand can surge by nearly 50%. When the demand-supply imbalance occurs, it exerts upward pressure on gold prices.
Interest Rates:
Fluctuations in bank interest rates also play a role in influencing gold prices. When bank interest rates decrease, individuals often turn to gold as an alternative investment, leading to increased demand for physical gold and, in turn, putting downward pressure on interest rates.
Factors Influencing Gold Prices in Himachal Pradesh:
The recent upward movement in today's gold rate in Himachal Pradesh per gram can be attributed to several key factors. Since March 2020, the gold rate in Himachal Pradesh has displayed a consistent upward trend over a span of 90 days. Here's why the current gold rate in Himachal Pradesh 22k has experienced this rise:
Government Gold Reserves:
The Reserve Bank of India (RBI) holds significant gold reserves. Whenever the RBI engages in buying or selling gold from the market, it has a notable impact on the supply of gold, subsequently influencing price fluctuations.
Jewelry Investments:
Gold rates tend to rise in response to heightened demand, especially during festive seasons and the wedding season when demand can surge by nearly 50%. When the demand-supply imbalance occurs, it exerts upward pressure on gold prices.
Interest Rates:
Fluctuations in bank interest rates also play a role in influencing gold prices. When bank interest rates decrease, individuals often turn to gold as an alternative investment, leading to increased demand for physical gold and, in turn, putting downward pressure on interest rates.
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 inHimachal Pradesh?
Assessment of Gold Purity and Pricing in Himachal Pradesh
The determination of gold rates and purity in Himachal Pradesh follows the guidelines established by the Indian Bullion Association.
Gold vendors throughout the state are obligated to hallmark their products, a practice that guarantees the accurate representation of gold purity.
Gold prices in Himachal Pradesh are subject to the influence of trends in the international market.
Given India's relatively limited participation in the global gold mining industry, the direct impact of worldwide market fluctuations on gold prices in Himachal Pradesh may be somewhat indirect.
Nevertheless, international market developments, encompassing various global events and trends, wield a significant influence over the gold market in Himachal Pradesh.
These external factors have a substantial impact on the purchasing power of both gold importers and the general population in Himachal Pradesh and across India.
Assessment of Gold Purity and Pricing in Himachal Pradesh
The determination of gold rates and purity in Himachal Pradesh follows the guidelines established by the Indian Bullion Association.
Gold vendors throughout the state are obligated to hallmark their products, a practice that guarantees the accurate representation of gold purity.
Gold prices in Himachal Pradesh are subject to the influence of trends in the international market.
Given India's relatively limited participation in the global gold mining industry, the direct impact of worldwide market fluctuations on gold prices in Himachal Pradesh may be somewhat indirect.
Nevertheless, international market developments, encompassing various global events and trends, wield a significant influence over the gold market in Himachal Pradesh.
These external factors have a substantial impact on the purchasing power of both gold importers and the general population in Himachal Pradesh and across India.
Necessary Documentation for Gold Investment in Himachal Pradesh
Documentation Needed for Gold Investment in Madhya Pradesh
Physical Gold Transactions:
No specific documentation, brokerage, or Demat account is needed to purchase physical gold. However, it's important to retain the purchase receipt and BIS certification for your records.
Investing More Than Rs. 2 Lakhs:
For gold investments exceeding Rs. 2 lakhs, such as in jewelry, coins, or bars at the current 22-carat gold rate, you are required to present a PAN Card and an official ID with your name and address, like a Voter ID, Passport, or Aadhar Card.
Investment in Exchange-Traded Funds (ETFs):
To invest in gold ETFs, opening both a brokerage account and a Demat account is mandatory with the provider of these ETFs.
Sovereign Gold Bonds (SGBs) and Digital Gold:
These investment forms usually involve minimal paperwork and do not require a Demat account.
Gold Mutual Funds:
For investing in mutual funds that focus on gold, setting up a brokerage and a Demat account is necessary.
Documentation Needed for Gold Investment in Madhya Pradesh
Physical Gold Transactions:
No specific documentation, brokerage, or Demat account is needed to purchase physical gold. However, it's important to retain the purchase receipt and BIS certification for your records.
Investing More Than Rs. 2 Lakhs:
For gold investments exceeding Rs. 2 lakhs, such as in jewelry, coins, or bars at the current 22-carat gold rate, you are required to present a PAN Card and an official ID with your name and address, like a Voter ID, Passport, or Aadhar Card.
Investment in Exchange-Traded Funds (ETFs):
To invest in gold ETFs, opening both a brokerage account and a Demat account is mandatory with the provider of these ETFs.
Sovereign Gold Bonds (SGBs) and Digital Gold:
These investment forms usually involve minimal paperwork and do not require a Demat account.
Gold Mutual Funds:
For investing in mutual funds that focus on gold, setting up a brokerage and a Demat account is necessary.
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 Himachal Pradesh
Essential Considerations When Purchasing Gold Jewelry:
When it comes to buying jewelry or gold, here are the critical factors to examine:
Verify the Gold Rates:
For those interested in purchasing ornaments, it's essential to cross-reference the 22-carat gold rate in Himachal Pradesh as published in financial magazines and newspapers.
Take Note of Wastage and Making Charges:
The ultimate price of jewelry in Himachal Pradesh exceeds the current gold rate in Himachal Pradesh 916. It is calculated as follows: Final jewelry price = gold weight in grams multiplied by the day's gold rate, plus an approximate 10 to 20% for making and wastage charges, along with the 3% GST applicable to the purchase price.
Is the Gold BIS Certified?
The Bureau of Indian Standards (BIS) certification attests to the purity of gold. It's worth noting that Cadmium gold ornaments, previously marked as 22K gold, along with the jeweler's mark, have been prohibited due to their harmful effects on jewelers and goldsmiths.
Examine the Purity Levels:
Keep in mind that the selling price of your gold is contingent on the presence of the BIS mark, and alloyed gold contains a lower percentage of pure gold.
Review the Purchase Bill and Buy-Back Terms:
The purchase bill and buy-back terms are instrumental in determining the profit you can realize when selling or exchanging your gold. Understanding these terms is crucial for making informed decisions regarding your gold investments.
Essential Considerations When Purchasing Gold Jewelry:
When it comes to buying jewelry or gold, here are the critical factors to examine:
Verify the Gold Rates:
For those interested in purchasing ornaments, it's essential to cross-reference the 22-carat gold rate in Himachal Pradesh as published in financial magazines and newspapers.
Take Note of Wastage and Making Charges:
The ultimate price of jewelry in Himachal Pradesh exceeds the current gold rate in Himachal Pradesh 916. It is calculated as follows: Final jewelry price = gold weight in grams multiplied by the day's gold rate, plus an approximate 10 to 20% for making and wastage charges, along with the 3% GST applicable to the purchase price.
Is the Gold BIS Certified?
The Bureau of Indian Standards (BIS) certification attests to the purity of gold. It's worth noting that Cadmium gold ornaments, previously marked as 22K gold, along with the jeweler's mark, have been prohibited due to their harmful effects on jewelers and goldsmiths.
Examine the Purity Levels:
Keep in mind that the selling price of your gold is contingent on the presence of the BIS mark, and alloyed gold contains a lower percentage of pure gold.
Review the Purchase Bill and Buy-Back Terms:
The purchase bill and buy-back terms are instrumental in determining the profit you can realize when selling or exchanging your gold. Understanding these terms is crucial for making informed decisions regarding your gold investments.
FAQs on Gold Rates in Himachal Pradesh
Where can I check the current live gold rate in Himachal Pradesh?
Many individuals seek reliable sources for real-time gold price updates specific to Himachal Pradesh. You can suggest reputable financial news websites, dedicated gold rate apps, or even local jewelry stores that provide live gold rates.
What factors influence the daily fluctuations in gold prices in Himachal Pradesh?
People often want to understand the reasons behind the changes in gold rates in Himachal Pradesh. Explain that factors like global market trends, currency exchange rates, demand for gold, and geopolitical events can impact daily gold prices.
How often do gold rates change during the day in Himachal Pradesh?
Individuals may inquire about the frequency of gold rate fluctuations in Himachal Pradesh. Explain that gold prices can change multiple times during the day due to various factors, and it's advisable to stay updated if they plan to buy or sell gold.
Is there a significant price difference between cities in Himachal Pradesh?
Some may wonder if there's a notable price variation between different cities within Himachal Pradesh. You can mention that while there may be slight variations, gold prices generally align closely across the state due to standardized pricing mechanisms.
What are the historical trends in gold prices for Himachal Pradesh?
Many individuals want to analyze past trends before making investment decisions. Suggest resources where they can access historical gold price data and charts specific to Himachal Pradesh, such as financial websites or local gold associations.
Where can I check the current live gold rate in Himachal Pradesh?
Many individuals seek reliable sources for real-time gold price updates specific to Himachal Pradesh. You can suggest reputable financial news websites, dedicated gold rate apps, or even local jewelry stores that provide live gold rates.
What factors influence the daily fluctuations in gold prices in Himachal Pradesh?
People often want to understand the reasons behind the changes in gold rates in Himachal Pradesh. Explain that factors like global market trends, currency exchange rates, demand for gold, and geopolitical events can impact daily gold prices.
How often do gold rates change during the day in Himachal Pradesh?
Individuals may inquire about the frequency of gold rate fluctuations in Himachal Pradesh. Explain that gold prices can change multiple times during the day due to various factors, and it's advisable to stay updated if they plan to buy or sell gold.
Is there a significant price difference between cities in Himachal Pradesh?
Some may wonder if there's a notable price variation between different cities within Himachal Pradesh. You can mention that while there may be slight variations, gold prices generally align closely across the state due to standardized pricing mechanisms.
What are the historical trends in gold prices for Himachal Pradesh?
Many individuals want to analyze past trends before making investment decisions. Suggest resources where they can access historical gold price data and charts specific to Himachal Pradesh, such as financial websites or local gold associations.
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
Get some knowledge 📖
West Bengal Caste Certificate
West Bengal Caste Certificate
June 22, 2024
June 22, 2024
Star Health Insurance Customer Care
Star Health Insurance Customer Care
June 22, 2024
June 22, 2024
SBI Savings Account
SBI Savings Account
June 22, 2024
June 22, 2024
How to Check FASTag Balance
How to Check FASTag Balance
June 22, 2024
June 22, 2024
Bhoomi Online - Karnataka's Land Records & RTC
Bhoomi Online - Karnataka's Land Records & RTC
June 22, 2024
June 22, 2024
Current Petrol Price in Bangalore
Current Petrol Price in Bangalore
June 22, 2024
June 22, 2024
View More
