Since the price of any investment changes over some time, it is important to study the gold rate in Bhopal for over a period of time before you decide to invest in it. Depending on the trend of the gold price over time, it would be easier for you to ascertain the price at which it is possible for you to make an investment.
Studying the trends of the gold price in Bhopal will enable you to make an informed decision regarding the amount you wish to purchase as well, depending on its affordability. Here’s some information to keep you abreast of present rates:
Gram |
24 Carat Gold Rate Today |
24 Carat Gold Rate Yesterday |
Daily Price Change |
1 Gram | ₹ 4,832 | ₹ 4,843 | ₹ -11 |
8 Gram | ₹ 38,656 | ₹ 38,744 | ₹ -88 |
10 Gram | ₹ 48,320 | ₹ 48,430 | ₹ -110 |
100 Gram | ₹ 4,83,200 | ₹ 4,84,300 | ₹ -1,100 |
Gold price in Bhopal tends to fluctuate as it does everywhere else, owing to a range of factors. When setting out to study this trend, it is imperative that you consider the prices of gold over a period of time so that you are able to make an informed decision on when would be the best time to invest.
Date |
STANDARD GOLD 22K |
PURE GOLD 24K |
||
1 Gram |
10 Gram |
1 Gram |
10 Gram |
|
Dec 01, 2021 | ₹ 4,602.00 | ₹ 46,020.00 | ₹ 4,832.00 | ₹ 48,320.00 |
Nov 30, 2021 | ₹ 4,612.00 | ₹ 46,120.00 | ₹ 4,843.00 | ₹ 48,430.00 |
Nov 29, 2021 | ₹ 4,563.00 | ₹ 45,630.00 | ₹ 4,791.00 | ₹ 47,910.00 |
Nov 28, 2021 | ₹ 4,548.00 | ₹ 45,480.00 | ₹ 4,775.00 | ₹ 47,750.00 |
Nov 27, 2021 | ₹ 4,548.00 | ₹ 45,480.00 | ₹ 4,775.00 | ₹ 47,750.00 |
Nov 26, 2021 | ₹ 4,538.00 | ₹ 45,380.00 | ₹ 4,765.00 | ₹ 47,650.00 |
Nov 25, 2021 | ₹ 4,538.00 | ₹ 45,380.00 | ₹ 4,765.00 | ₹ 4,765.00 |
Nov 24, 2021 | ₹ 4,598.00 | ₹ 45,980.00 | ₹ 4,828.00 | ₹ 48,280.00 |
Nov 23, 2021 | ₹ 4,533.00 | ₹ 45,330.00 | ₹ 4,760.00 | ₹ 47,600.00 |
Nov 22, 2021 | ₹ 4,533.00 | ₹ 45,330.00 | ₹ 4,760.00 | ₹ 47,600.00 |
The purity of the gold is usually certified by the Indian Bullion Association. All dealers selling gold and associated items must incorporate the hallmark sign for purity within their products. Investors must check for these certifications in order to ascertain purity of the gold they are buying. This is an important piece of information for customers along with knowing the Bhopal gold rate today or on the day of purchase.
The license to import gold into Bhopal, or even India, is available only to a few select dealers. These importers then sell this gold to dealers at a cost that encompasses the high cost of importing gold. From the dealers, the gold is purchased by retailers or goldsmiths who name a price that is slightly more than the cost they will incur in making the gold jewellery.
Gold prices are expected to remain stable and be a safe mode of investment for the future, but while you remain invested in the precious metal, it is normal that the daily rates will fluctuate. For instance, today gold price in Bhopal could be marginally higher or lower than the price yesterday.
However, it is important to learn about why the gold rates in Bhopal fluctuate and how it is caused. While the turmoil in global prices usually impacts the price of gold in Bhopal, it helps to know what the causative factors are since it can help you assess the market and your investment prospects better.
The implementation of the Goods and Services Tax (GST) saw a hike in the tax levied on gold. The GST rate levied on gold is currently 3%, which is approximately 1% higher than the rate levied under the previous tax regime. Meanwhile, the GST levied on making charges is an additional 8%.