Today's Gold Rate in Hassan

Gold holds a special place in Indian households, both as an investment and a cultural asset. If you’re looking to buy gold in Hassan, knowing the current gold rate is essential. The gold rate in Hassan today can vary based on factors like international gold prices, currency exchange rates, demand, and local taxes. In Hassan, gold is typically sold in three main purity levels—24 karat (pure gold), 22 karat (commonly used for jewellery), and 18 karat (mixed with alloys).

 

Prices are updated daily, and it’s crucial to check today’s gold price in Hassan before making a purchase, whether for jewellery, coins, or investment purposes. Understanding these rates helps buyers make informed decisions and get fair value for their money. Keep in mind that charges like making charges and GST could also affect the final price of gold in Hassan.

Gold prices in Hassan continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.

 

Gold Prices on 1st April 2025

• 22-Karat Gold: ₹8,990 per gram
• 24-Karat Gold: ₹9,780 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹9,430 per gram
• 24-Karat Gold: ₹10,250 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 23rd April 2025:

• 22-Karat Gold: ₹9,520 per gram
• 24-Karat Gold: ₹10,340 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 6th April 2025:

• 22-Karat Gold: ₹8,940 per gram
• 24-Karat Gold: ₹9,740 per gram

 

Overall Performance

Gold prices in Hassan showed a +4.89% increase in April 2025.

Gold prices in Hassan continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.

 

Gold Prices on 1st March 2025

• 22-Karat Gold: ₹8,780 per gram
• 24-Karat Gold: ₹9,560 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹8,990 per gram
• 24-Karat Gold: ₹9,780 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 22nd March 2025:

• 22-Karat Gold: ₹9,050 per gram
• 24-Karat Gold: ₹9,850 per gram

 

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 5th March 2025:

• 22-Karat Gold: ₹8,740 per gram
• 24-Karat Gold: ₹9,520 per gram

 

Overall Performance

Gold prices in Hassan showed a +2.39% increase in March 2025.

Gold prices in Hassan continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.

 

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹8,550 per gram
• 24-Karat Gold: ₹9,320 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹8,780 per gram
• 24-Karat Gold: ₹9,560 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 14th February 2025:

• 22-Karat Gold: ₹8,820 per gram
• 24-Karat Gold: ₹9,600 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 3rd February 2025:

• 22-Karat Gold: ₹8,500 per gram
• 24-Karat Gold: ₹9,280 per gram

 

Overall Performance

Gold prices in Hassan showed a +2.69% increase in February 2025.

Gold prices in Hassan are not fixed and may vary daily. Several global and local factors influence these price changes. Understanding these factors can help buyers make better decisions when purchasing gold:

International Gold Prices

Gold is traded globally, and international market rates heavily influence today’s gold price in Hassan. Factors like global economic conditions, geopolitical tensions, and interest rates in countries like the US impact these prices.

Currency Exchange Rates

Gold is traded in US dollars in international markets. A weaker rupee against the dollar increases the cost of gold in India, including Hassan. Conversely, a stronger rupee can lower prices.

Demand and Supply

High demand for gold during festivals like Akshaya Tritiya and the wedding season often drives up prices in Hassan. Conversely, low demand or increased supply may reduce prices.

Inflation

Gold is often seen as a hedge against inflation. When inflation rises, investors turn to gold, increasing its demand and prices.

Government Policies and Taxes

Government policies, such as import duties and the 3% Goods and Services Tax (GST), directly impact the final price of gold in India, including Hassan.

Central Bank Reserves

Central banks hold gold as part of their reserves. When central banks, like the Reserve Bank of India (RBI), increase their gold holdings, it pushes up global demand, affecting prices in Hassan.

 

These factors collectively influence today’s gold rate in Hassan, making it important to track them before making a purchase.

The introduction of the Goods and Services Tax (GST) in India has had a noticeable impact on gold prices, including in Hassan. It has standardised taxation on gold but has also increased the overall cost of buying gold. Here’s how GST affects the gold rates in Hassan:

GST on Gold Purchase

A 3% GST is applied to the value of gold, whether it is jewellery, coins, or bars. This tax is added to the daily gold price in Hassan, increasing the final purchase cost.

GST on Making Charges

Making charges, which are the labour costs for crafting gold jewellery, are also taxed at 5% GST. This further raises the total price when purchasing jewellery in Hassan.

Impact on Gold Investment

For those investing in physical gold, GST increases the initial cost, which could affect the overall returns. However, investment options like Sovereign Gold Bonds (SGBs) and Gold ETFs do not attract GST, making them cost-effective alternatives.

Standardised Pricing

GST has replaced multiple state-level taxes, ensuring uniform gold rates across the country, including in Hassan. This has reduced price discrepancies and made gold pricing more transparent.

Resale Value of Gold

GST is not refundable when you sell gold. This means buyers need to account for this additional cost when calculating their investment returns.

 

The inclusion of GST ensures a more structured tax system for gold, but it has also added to the buyer's expenses in Hassan. Understanding its impact is essential for making better purchase or investment decisions.

Gold loans are a popular way to borrow money in Hassan, as they offer quick access to funds by pledging gold as collateral. However, the amount you can borrow and the repayment terms are influenced by the prevailing gold rate in Hassan today. Here’s how gold prices impact gold loans:

Loan Amount Based on Gold Value

The loan amount you can receive depends on the value of the gold you pledge. Higher gold rates mean you can get a higher loan amount, while lower rates reduce the loanable value. Lenders typically provide up to 75% of the gold’s value, as per Reserve Bank of India (RBI) guidelines.

Interest Rates

Gold rates indirectly affect the interest rates on Gold Loans. If gold prices are stable or rising, lenders may feel more secure offering competitive interest rates. However, fluctuations in gold prices could lead to slightly higher interest rates.

Loan-to-Value (LTV) Ratio

The LTV ratio is the percentage of the gold's value that can be borrowed. When gold prices in Hassan today are high, the same weight of gold will fetch a larger loan amount, benefiting borrowers.

Repayment Challenges During Price Drops

If gold prices drop significantly during the tenure of the gold loan, lenders may ask borrowers to pledge additional gold or repay a portion of the loan to maintain the required LTV ratio.

Auction Risks for Borrowers

If borrowers fail to repay their gold loans, lenders may auction the pledged gold. A drop in gold rates during this time could reduce the value of the auctioned gold, potentially impacting both the lender and borrower.

 

Gold prices play a crucial role in determining the terms and risks of gold loans in Hassan. Borrowers should monitor the gold rate in Hassan today and evaluate repayment terms carefully before opting for a gold loan.