Gold Rate in Punjab

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

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

Last Update on 21st Aug 2017

 

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

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

Gold Rates In Punjab

Punjab, being one of the thriving states of India, is known to prosper in agriculture and related sectors. Being a very fertile land, agriculture flourishes easily here. Encapsulating several important cities like Chandigarh, Amritsar, Patiala, Jalandhar and Ludhiana, this state has a very rich culture. Festivities are a very important part of their culture and gold is an essential part of their festivities. The gold rates in Punjab depend on the season of traditional demands such as on weddings, important festivals, occasions, etc. Jewelry is an important trading route for Gold in Punjab, and the demand is mostly from the rural regions. The well renowned Golden Temple is also in Punjab. Today’s gold rate in Punjab depends on the reasons citizens buy it for. Some buy it online while some buy it from banks for investment purposes. The primary reasons till date are weddings and auspicious occasions.

Gold Rate in Punjab for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
21 August 2017 Rs. 2759.00 Rs. 27590 Rs. 2947.00 Rs. 29470
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

Punjab Gold Rate Trend in Last 3 Month

Gold Rate in Punjab

What is the importance of Gold in Punjab?

Home to the resplendent splendor of the Golden Temple in Amritsar, which has 750kgs of pure gold plating its marble done, Punjab’s reverence for the yellow metal could not be more evident. A culturally rich state, gold is an essential part of Punjab’s festivities. The gold prices in Punjab escalate during the auspicious occasions such as Dhanteras and weddings.  Gold is considered a prudent investment and saving instrument which retains its value against inflation and depreciation.

What constitutes gold purchases in Punjab?

Most of the gold purchases in Punjab are in the form of jewelry and the rural sections of the state constitute a major portion of this demand. Gold, as bullion, is also traded in Punjab, but the precious metal is still regarded by most as auspicious and a part of the tradition.

What decides the price of Gold in Punjab?

To calculate today’s gold price in Punjab, certain national and global factors such as the international dollar price of gold, the dollar-rupee rates of exchange and the domestic import duties and tariffs have to be taken into consideration. The gold price in Punjab is higher for jewelry and coins because of the workmanship involved in designing the same.

What is the future of Punjab’s Gold Price?

The gold price in Punjab is declining as is the trend in the rest of the country and this trend is expected to continue in 2017. Gold, however, remains as an important risk cover in any investment portfolio for most Indians.