Nashik, the wine capital of India, also seems to have a keen taste for gold. This ancient city doesn’t shy away from investing heartily in the yellow metal and observes a bustling gold trade. The gold rates, here, move in line with international prices. Other factors include duties, taxes, domestic demand, Central Bank actions, investment trends, international relations, etc. Today Gold rate in Nashik is ₹ 60,680 per 10 grams for 24 Carat and ₹ 55,630 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,068 | + ₹ 32 |
8 grams
|
₹ 48,544 | + ₹ 256 |
10 grams
|
₹ 60,680 | + ₹ 320 |
100 grams
|
₹ 6,06,800 | + ₹ 3,200 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,563 | + ₹ 27 |
8 grams
|
₹ 44,504 | + ₹ 216 |
10 grams
|
₹ 55,630 | + ₹ 270 |
100 grams
|
₹ 5,56,300 | + ₹ 2,700 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
05 June 2023
|
₹ 60,360 | ₹ 55,360 | +0.05% |
04 June 2023
|
₹ 60,360 | ₹ 55,330 | 0% |
03 June 2023
|
₹ 60,360 | ₹ 55,330 | -1.25% |
02 June 2023
|
₹ 61,140 | ₹ 56,030 | +0.54% |
01 June 2023
|
₹ 60,790 | ₹ 55,730 | -0.27% |
31 May 2023
|
₹ 60,960 | ₹ 55,880 | +0.72% |
30 May 2023
|
₹ 60,520 | ₹ 55,480 | -0.18% |
29 May 2023
|
₹ 60,630 | ₹ 55,580 | 0% |
28 May 2023
|
₹ 60,630 | ₹ 55,580 | 0% |
27 May 2023
|
₹ 60,630 | ₹ 55,580 | -0.18% |
26 May 2023
|
₹ 60,740 | ₹ 55,680 | -2.02% |
25 May 2023
|
₹ 60,900 | ₹ 56,830 | +0.98% |
24 May 2023
|
₹ 61,390 | ₹ 56,280 | +0.45% |
23 May 2023
|
₹ 61,130 | ₹ 56,030 | -0.51% |
22 May 2023
|
₹ 61,440 | ₹ 56,320 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ | ₹ 760 |
31st May rate | ₹ | ₹ |
Highest rate in May | ₹ 57,240 on 6th May 2023 | ₹ 62,440 on 6th May 2023 |
Lowest rate in May | ₹ 55,480 on 30th May 2023 | ₹ on 5th May 2023 |
Over all performance | Falling | Falling |
% change | -100.00% | -100.00% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ | ₹ 745 |
30th April rate | ₹ | ₹ 762 |
Highest rate in April | ₹ 56,690 on 15th April 2023 | ₹ 61,860 on 15th April 2023 |
Lowest rate in April | ₹ 54,730 on 3rd April 2023 | ₹ on 3rd April 2023 |
Over all performance | Rising | Rising |
% change | +2.28% | +2.28% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ | ₹ 668 |
31st March rate | ₹ | ₹ 740 |
Highest rate in March | ₹ 55,330 on 18th March 2023 | ₹ 60,350 on 19th March 2023 |
Lowest rate in March | ₹ 50,930 on 9th March 2023 | ₹ on 2nd March 2023 |
Over all performance | Rising | Rising |
% change | +10.78% | +10.78% |
The residents here consider gold as a safe financial tool that acts as a hedge against inflation and unwanted times of economic desperation. Anticipation of a high resale value and portfolio diversification is a major motivation for most.
The gold rates here mostly move in line with international prices. They are deeply influenced by global gold trade policies, geopolitical scenarios, and fluctuation of international currencies.
Among the domestic factors are duties, taxes, transportation charges, octroi, domestic demand, Central Bank actions, festive calendar, and post-monsoon harvest.
While the cultural significance of gold in the form of jewellery continues to rule the city, locals are also experimenting with digital and electronic forms of gold. Exchange-Traded Funds (ETFs), sovereign gold bonds, and digital gold are some options. The prices for gold for these investment choices are heavily on par with the local prices of tangible gold.
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