Gold Rate in Bhopal

Today 24 Carat Gold Price per gram in Bhopal (INR)

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 2967.00Rs 2947.00
8 Gram Rs 23736Rs 23576
10 Gram Rs 29670Rs 29470
100 Gram Rs 296700Rs 294700

Last Update on 20th Aug 2017

 

Today 22 Carat Gold Price per gram in Bhopal (INR)

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2779.00Rs 2759.00
8 Gram Rs 22232Rs 22072
10 Gram Rs 27790Rs 27590
100 Gram Rs 277900Rs 275900

Gold Rate in Bhopal

Why Do People In Bhopal Invest In Gold?

Bhopal, the capital of Madhya Pradesh, faces an irrepressible demand for the yellow metal like most other states in India. This demand is driven by the age-old tradition of purchasing gold during auspicious occasions and festivities. This preference for gold is also boosted because of the inherent value of gold which allows it to retain value even during inflation.  During these days, the gold rates in Bhopal escalate significantly.

How Do People In Bhopal Make Investments In Gold?

Gold is purchased in the form of jewelry and ornaments or coins and bars. Electronic gold such as Gold ETFs or Gold Futures are also purchased by those who may not be able to afford the purchase of physical gold per se due to today’s gold rate in Bhopal which is usually on an upward graph.

What Are The Factors Affecting Gold Rates In Bhopal?

Gold rates in Bhopal are determined depending upon the international gold rates, exchange rates as well as domestic import duties. Since gold rates in Bhopal are fluctuating, it is advisable to check today’s gold rates before entering into any transaction.

Gold Rate in Bhopal for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
20 August 2017 Rs. 2759.00 Rs. 27590 Rs. 2947.00 Rs. 29470
19 August 2017 Rs. 2779.00 Rs. 27790 Rs. 2967.00 Rs. 29670
18 August 2017 Rs. 2779.00 Rs. 27790 Rs. 2967.00 Rs. 29670
17 August 2017 Rs. 2748.00 Rs. 27480 Rs. 2936.00 Rs. 29360
16 August 2017 Rs. 2771.00 Rs. 27710 Rs. 2959.00 Rs. 29590
15 August 2017 Rs. 2771.00 Rs. 27710 Rs. 2959.00 Rs. 29590
14 August 2017 Rs. 2783.00 Rs. 27830 Rs. 2971.00 Rs. 29710
13 August 2017 Rs. 2783.00 Rs. 27830 Rs. 2971.00 Rs. 29710
12 August 2017 Rs. 2784.00 Rs. 27840 Rs. 2972.00 Rs. 29720

Bhopal Gold Rate Trend in Last 3 Month

Gold Rate in Bhopal

Bhopal, the capital of Madhya Pradesh, is famous as the city of lakes.

Storing and Importing of Gold in Bhopal

In Bhopal buying gold is the best investment for people. They mostly stick to gold jewelry and ornaments. It is the safest bet because it an extremely liquid asset and it saves money. It doesn’t need any documentation or formalities. All you have to do is go to a jeweler and get a sense of ownership on this precious yellow metal. Today gold price in Bhopal can be confirmed directly from these gold dealers.

Gold Price Movement in Bhopal

The gold price in Bhopal has been on a downward trail for a while after the hit on the gold prices in India and across the globe.

The demand for gold in Bhopal is mainly to keep up with the auspicious traditional festivities and special occasions like weddings. This precious metal is a significant part not only of Indian weddings but also of the Indian culture.

Gold as an Investment in Bhopal

The following are the other options for investing in gold in Bhopal:

Gold ETF: 1 ETF equals to 1 gram of gold. Exchange Trade Funds are special mutual funds that invest in gold. Because of the ease of investing and high liquidity, ETFs have become a popular way of investing in gold in Bhopal.

Gold Coins: Gold coins are another way of investing in gold in Bhopal because they have a low premium. They can later be sold at the market price, and this is very profitable.