Gold Rate in Punjab

22nd May 2018

31,630.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Punjab is 31630 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 29750
24 Carat Gold
Rs. 31630

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

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

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

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

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

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

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.

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

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
22 May 2018 Rs. 2975.00 Rs. 29750 Rs. 3163.00 Rs. 31630
21 May 2018 Rs. 2975.00 Rs. 29750 Rs. 3163.00 Rs. 31630
20 May 2018 Rs. 2957.00 Rs. 29570 Rs. 3145.00 Rs. 31450
19 May 2018 Rs. 2962.00 Rs. 29620 Rs. 3150.00 Rs. 31500
18 May 2018 Rs. 3000.00 Rs. 30000 Rs. 3188.00 Rs. 31880
17 May 2018 Rs. 3000.00 Rs. 30000 Rs. 3188.00 Rs. 31880
16 May 2018 Rs. 3000.00 Rs. 30000 Rs. 3188.00 Rs. 31880
15 May 2018 Rs. 3008.00 Rs. 30080 Rs. 3196.00 Rs. 31960
14 May 2018 Rs. 3015.00 Rs. 30150 Rs. 3200.00 Rs. 32000
13 May 2018 Rs. 3015.00 Rs. 30150 Rs. 3200.00 Rs. 32000

Comparison of 22 K & 24 K Gold Rates in Punjab

Historical Price of Gold Rate in Punjab

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.

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