Gold Rate in Goa

20th Oct 2019

38,180.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Goa is 38180 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 36400
24 Carat Gold
Rs. 38180

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

  22-Carat 24-Carat Change(%)
Yesterday 3640.00 3818.00 0 %
Today 3640.00 3818.00 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 3818.00Rs 3818.00
8 Gram Rs 30544Rs 30544
10 Gram Rs 38180Rs 38180
100 Gram Rs 381800Rs 381800

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

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 3640.00Rs 3640.00
8 Gram Rs 29120Rs 29120
10 Gram Rs 36400Rs 36400
100 Gram Rs 364000Rs 364000

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 October 2019 Rs. 3640.00 Rs. 36400 Rs. 3818.00 Rs. 38180
19 October 2019 Rs. 3640.00 Rs. 36400 Rs. 3818.00 Rs. 38180
18 October 2019 Rs. 3640.00 Rs. 36400 Rs. 3818.00 Rs. 38180
17 October 2019 Rs. 3640.00 Rs. 36400 Rs. 3818.00 Rs. 38180
16 October 2019 Rs. 3640.00 Rs. 36400 Rs. 3818.00 Rs. 38180
15 October 2019 Rs. 3640.00 Rs. 36400 Rs. 3818.00 Rs. 38180
14 October 2019 Rs. 3636.00 Rs. 36360 Rs. 3814.00 Rs. 38140
13 October 2019 Rs. 3636.00 Rs. 36360 Rs. 3814.00 Rs. 38140
12 October 2019 Rs. 3636.00 Rs. 36360 Rs. 3814.00 Rs. 38140
11 October 2019 Rs. 3636.00 Rs. 36360 Rs. 3814.00 Rs. 38140
10 October 2019 Rs. 3636.00 Rs. 36360 Rs. 3814.00 Rs. 38140

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.