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 ₹ 51,900 per 10 grams for 24 Carat and ₹ 47,580 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 5,190 | ₹ 0 |
8 grams | ₹ 41,520 | ₹ 0 |
10 grams | ₹ 51,900 | ₹ 0 |
100 grams | ₹ 5,19,000 | ₹ 0 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 4,758 | ₹ 0 |
8 grams | ₹ 38,064 | ₹ 0 |
10 grams | ₹ 47,580 | ₹ 0 |
100 grams | ₹ 4,75,800 | ₹ 0 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
26 June 2022 | ₹ 51,900 | ₹ 47,580 | 0% |
25 June 2022 | ₹ 51,900 | ₹ 47,580 | +0.13% |
24 June 2022 | ₹ 51,810 | ₹ 47,520 | -0.34% |
23 June 2022 | ₹ 52,070 | ₹ 47,680 | +0.42% |
22 June 2022 | ₹ 51,790 | ₹ 47,480 | -0.46% |
21 June 2022 | ₹ 52,030 | ₹ 47,700 | -0.21% |
20 June 2022 | ₹ 52,130 | ₹ 47,800 | +0.21% |
19 June 2022 | ₹ 52,030 | ₹ 47,700 | 0% |
18 June 2022 | ₹ 52,030 | ₹ 47,700 | -0.25% |
17 June 2022 | ₹ 52,150 | ₹ 47,820 | +0.42% |
16 June 2022 | ₹ 51,940 | ₹ 47,620 | +0.85% |
15 June 2022 | ₹ 51,510 | ₹ 47,220 | -0.48% |
14 June 2022 | ₹ 51,780 | ₹ 47,450 | -1.98% |
13 June 2022 | ₹ 52,810 | ₹ 48,410 | 0% |
12 June 2022 | ₹ 52,810 | ₹ 48,410 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ 48,470 | ₹ 52,870 |
31st May rate | ₹ 47,780 | ₹ 52,150 |
Highest rate in May | ₹ 48,480 on 1st May 2022 | ₹ 52,880 on 1st May 2022 |
Lowest rate in May | ₹ 46,180 on 18th May 2022 | ₹ 50,370 on 18th May 2022 |
Over all performance | Falling | Falling |
% change | -1.36% | -1.36% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ 48,180 | ₹ 52,550 |
30th April rate | ₹ 48,480 | ₹ 52,880 |
Highest rate in April | ₹ 49,890 on 19th April 2022 | ₹ 54,470 on 19th April 2022 |
Lowest rate in April | ₹ 47,700 on 1st April 2022 | ₹ 52,030 on 1st April 2022 |
Over all performance | Rising | Rising |
% change | +0.63% | +0.63% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ 46,820 | ₹ 51,130 |
31st March rate | ₹ 47,700 | ₹ 52,030 |
Highest rate in March | ₹ 50,760 on 9th March 2022 | ₹ 55,360 on 9th March 2022 |
Lowest rate in March | ₹ 46,820 on 1st March 2022 | ₹ 51,130 on 1st March 2022 |
Over all performance | Rising | Rising |
% change | +1.76% | +1.76% |
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.
Advertisement
Advertisement