Gold Rate in Goa

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

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3021.00Rs 3035.00
8 Gram Rs 24168Rs 24280
10 Gram Rs 30210Rs 30350
100 Gram Rs 302100Rs 303500

Last Update on 21st Sep 2017

 

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

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2833.00Rs 2847.00
8 Gram Rs 22664Rs 22776
10 Gram Rs 28330Rs 28470
100 Gram Rs 283300Rs 284700

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
21 September 2017 Rs. 2847.00 Rs. 28470 Rs. 3035.00 Rs. 30350
20 September 2017 Rs. 2833.00 Rs. 28330 Rs. 3021.00 Rs. 30210
19 September 2017 Rs. 2838.00 Rs. 28380 Rs. 3026.00 Rs. 30260
18 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
17 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
16 September 2017 Rs. 2862.00 Rs. 28620 Rs. 3050.00 Rs. 30500
15 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
14 September 2017 Rs. 2852.00 Rs. 28520 Rs. 3040.00 Rs. 30400
13 September 2017 Rs. 2857.00 Rs. 28570 Rs. 3045.00 Rs. 30450

Goa Gold Rate Trend in Last 3 Month

Gold Rate 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.