Gold Rate in Agartala Today

Gold is a popular investment choice that provides financial stability during economic challenges. For effective long-term planning, it is essential to stay informed about current gold prices and available investment options.

As gold rates fluctuate frequently, checking the gold rate in Agartala before making a purchase is crucial. Keep in mind that GST applies to both gold purchases and making charges. Moreover, fluctuations in gold prices directly affect gold loan values, so monitoring prices is essential before pledging your gold for funds.

Check out the gold price today in Agartala for different weights below.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,080	₹9,365	₹-285
10 Gram	₹90,800	₹93,650	₹-2850
100 Gram	₹908,000	₹936,500	₹-28500

Gold price in Agartala with fluctuations in the last few days, is shown below:

Gold price in Agartala with fluctuations in the last few days, is shown below:

Modern options for gold purchases extend beyond jewellery, coins, and biscuits. Here’s a look at both traditional and contemporary options you can choose from: 

• Physical Gold

Physical gold remains a preferred investment option, and you can buy it as coins, jewellery, ornaments, bars, artefacts, and biscuits. No demat account is required, and GST is the only additional charge. However, the risk of theft or robbery persists unless you store it in a secured locker. 

• Digital Gold

Digital gold allows investment in gold in digital form, backed by an equivalent amount stored in a protected treasury. You can purchase it through mobile e-wallets and brokers, starting from as low as ₹1. While safekeeping is ensured, storage depends on reliable locker systems.

• Sovereign Gold Bonds (SGBs)

Issued by the RBI, SGBs are among the safest investment options. Each bond represents one gram of gold, with a maximum purchase limit of 4 kg. They also offer a fixed annual interest of 2.50%.

• Gold ETFs

Exchange-traded Funds (ETFs) allow gold investments in demat or paper form, removing the need for physical possession. These are affected by gold prices, involve brokerage fees, and require paperwork and asset management knowledge.

Here are key considerations to ensure a secure and authentic gold purchase:

• Current Gold Prices 

Gold prices fluctuate frequently, so it is crucial to check current rates before buying. This helps optimise your purchase by avoiding overpaying during price hikes and saving when rates are lower.

• Reputable Seller

With numerous sellers available in Agartala, selecting a reputable one is crucial. Trusted sellers provide authenticated gold and verification certificates. Check reviews, visit established stores, or ask for recommendations to identify reliable sellers.

• BIS Certifications 

The Bureau of Indian Standards (BIS) hallmark is a triangular stamp on authenticated gold assets. It verifies gold’s purity and includes a unique identification number. Ensure your purchase carries this hallmark for guaranteed value.

• Do Your Research

Given the variety of sellers in the city, comparing offers can help you find competitive prices and genuine products. This practice ensures you save money and make an informed purchase.

• Additional Charges

Hidden charges, such as GST and making fees, can increase your total cost. Verify all applicable charges before finalising the purchase to avoid unexpected expenses.

• Complete Documentation 

Always request complete documentation, including transaction bills and receipts. These documents are vital for future gold loans, serving as proof of ownership for lenders.

A range of global and domestic factors are responsible for changes in gold rates in Agartala. Here are some key factors:

• Inflation

Inflation rises during unstable economic conditions, leading to changes in gold value. Economic slowdowns and variable conditions also play a crucial role in determining gold prices. 

 

When inflation increases, gold is often seen as a safe-haven investment, causing prices to rise and vice versa. 

• Geopolitical Conditions

Factors such as government changes, regulations, war-like situations, import duties, tax rules, political power shifts, territorial relations, supply chain disruptions, etc., impact gold rates in Agartala. 

 

During geopolitical tensions or conflicts, gold prices tend to rise as demand for safe-haven assets increases, while stability can lead to a decrease in gold prices.

• Demand and Supply

When demand surges, particularly during festivals or wedding seasons, gold prices rise.  Conversely, a drop in demand typically results in lower prices.

• Currency Fluctuations

When the rupee weakens against the dollar, gold becomes more expensive in India, causing prices to rise. When the rupee strengthens, gold prices generally decrease.

• Government Regulations

Government policies, such as GST on gold-making and buying, influence investor decisions. These regulations have a direct impact on gold prices in India. 

 

Changes in government policies, such as increasing taxes or duties, can push gold prices higher, while favourable regulations might lower costs, resulting in price decreases.

Here are some tests you can perform to check the authenticity of your gold item:

• Hallmark Check

A Hallmark is an authentication stamp issued by the Bureau of Indian Standards and is the best way to check if the gold asset is pure. Every gold item with a hallmark is authenticated for its purity level, so always check for one when buying gold.

• Visual Check

You can assess the purity of a gold item visually. Gold does not tarnish or decolour. If you find any tarnished or decoloured parts on the item, it indicates the presence of other metals (or impurities).

• Magnet Test

Gold does not attract a magnet, while other metals do. By bringing a magnet close to the gold item, you can check if it is attracted and determine if the gold item is pure or impure.

• Density Check

By comparing the density of the gold item to the density of pure gold, you can determine if the item is pure. Gold has a distinct density, and you can also perform a floating test to check.

• Acid Test

A nitric acid test can help identify impurities that are not visible to the naked eye. Scratch a small section of the gold item on a stone and add a few drops of nitric acid. If a chemical reaction or colour change occurs, the gold item is not pure.

• X-Ray Fluorescence Test

This is a modern method for checking gold purity, which uses X-rays to identify if there are other metals in the gold item. You can contact a nearby seller that offers this composition test.

GST stands for Goods and Services Tax, which is imposed on almost every good and service within the country. It applies to both the purchase of gold and gold-making charges.

GST impacts the gold price today in Agartala, where gold sales and gold jewellery incur applicable GST, increasing the final payable amount. As per the current rules, 3% GST is applicable on the purchase of gold while 5% is levied on gold making charges of jewellery.

The current gold rate directly influences the value of a gold loan that you can obtain against a gold item. It affects the loan-to-value (LTV) ratio, which is the maximum amount a lender can provide as per the value of the gold collateral.

 

If the gold rate rises, the amount you can get as a gold loan increases. Conversely, a lower gold rate in the market means a lower loan value, regardless of when the gold item was purchased. 

To get the best value for your gold item, it is important to keep monitoring the latest gold price in Agartala today. On Bajaj Markets, you can easily do so and compare gold loans from multiple lenders. With minimal paperwork, you can submit your application for a hassle-free gold loan online and fulfil your needs.