Gold Rate in Goa

20th Nov 2018

31,450.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Goa is 31450 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 29570
24 Carat Gold
Rs. 31450

22 Carat & 24 Carat Gold Rate in Goa Per Gram (INR)

  22-Carat 24-Carat Change(%)
Yesterday 2957.00 3145.00 0 %
Today 2975.00 3163.00 0 %

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

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3145.00Rs 3163.00
8 Gram Rs 25160Rs 25304
10 Gram Rs 31450Rs 31630
100 Gram Rs 314500Rs 316300

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

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2957.00Rs 2975.00
8 Gram Rs 23656Rs 23800
10 Gram Rs 29570Rs 29750
100 Gram Rs 295700Rs 297500

Today Gold Rate in Goa

What is the Importance of Gold in the History of Goa?

Goa has a rich history, and gold plays a prominent role in it. The Kadambas ruled Goa in the twelfth century and were one of the first rulers to issue gold coins. Goa was also home to the first Portuguese Mint set up by Afonso Albuquerque following complaints from merchants about the scarcity of currency in that area. Gold coins called gold cruzados along with silver and bronze coins were issued by this mint.

How is Gold Purchased in Goa?

Gold still has significant importance in this cosmopolitan city. Gold is purchased in the form of jewelry as well as for investment purposes. Gold rates in Goa determine the trade in gold in electronic form through sports contracts, futures contracts and exchange traded funds.

What are the Factors Impacting Gold Rates in Goa?

Gold prices in Goa are influenced by the international gold prices, exchange rates between the dollar and rupee and the government levied import duties. Since the gold prices in Goa are quite volatile, today’s gold rate in Goa must be checked before taking any trading decisions.

22 & 24 Carat Gold Rate in Goa for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
20 November 2018 Rs. 2957.00 Rs. 29570 Rs. 3145.00 Rs. 31450
19 November 2018 Rs. 2975.00 Rs. 29750 Rs. 3163.00 Rs. 31630
18 November 2018 Rs. 2968.00 Rs. 29680 Rs. 3156.00 Rs. 31560
17 November 2018 Rs. 2968.00 Rs. 29680 Rs. 3156.00 Rs. 31560
16 November 2018 Rs. 2968.00 Rs. 29680 Rs. 3156.00 Rs. 31560
15 November 2018 Rs. 2968.00 Rs. 29680 Rs. 3156.00 Rs. 31560
14 November 2018 Rs. 2968.00 Rs. 29680 Rs. 3156.00 Rs. 31560
13 November 2018 Rs. 2985.00 Rs. 29850 Rs. 3173.00 Rs. 31730
12 November 2018 Rs. 2985.00 Rs. 29850 Rs. 3173.00 Rs. 31730
11 November 2018 Rs. 3003.00 Rs. 30030 Rs. 3181.00 Rs. 31810

Comparison of 22 K & 24 K Gold Rates in Goa

Historical Price of Gold Rate in Goa

Gold Price in Goa

Gold is of great significance in Goa because Goa is a state which has a culturally mixed population of Indians and Europeans. This state’s economy and trade is affected by the foreign influence on this state. This city is not just about the scenic beauty and exotic beaches.

Historical Significance of Gold in Goa

Gold is of great importance in the history of Goa. In the early 12th century, Kadambas were ruling over Goa, and they issued gold coins in this state. Gold coins along with silver and bronze coins here in the 16th century. Even today the retail and trade market is very affected by the trade of gold. Therefore, gold price in Goa is of a lot of significance.

Storing of Gold in Goa

The residents of Goa have a special fondness with gold jewelry and ornaments and the investors in Goa see gold as a safe asset.

Gold price movement in Goa

Today gold price in Goa is varying with its purity. 22 carat and 24 carat gold are the most important ones in Goa.

Gold as an Investment in Goa

The following are the gold avenues in Goa:

Over the Counter:  This is the most common way of investing in gold in Goa. People buy gold jewelry, gold coins, gold bars, etc. from Jewelers. Pushpak, Muthoot and Pentagon are a few of the many dealers that sell gold bullion in Goa. Malabar gold and Tanishq are the other two famous Jewelers of Goa. Because of the active tourism industry of Goa, there is a lot of demand from the foreigners for gold.