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Whether you invest in physical gold or other options like deposit schemes and sovereign gold bonds, you can reap massive returns. However, to do so, it is better to be aware of the price of gold in Madhya Pradesh.

Gold Price in Madhya Pradesh

Here is a glimpse of the gold rates in Madhya Pradesh today:

Weight

24 Karat Gold Rate Today

24 Karat Gold Rate Yesterday

Price Difference

1 Gram

₹ 6,278

₹ 6,289

-₹ 11

10 Gram

₹ 62,780

₹ 62,890

-₹ 110

100 Gram

₹ 6,27,800

₹ 6,28,900

-₹ 1,100

*Disclaimer: The aforementioned rates are subject to change as per market conditions.

22 & 24 Karat Gold Rate in Madhya Pradesh in the Last 10 Days

The table below shows the changes in the gold rates in Madhya Pradesh:

Date

STANDARD GOLD 22K

PURE GOLD 24K

1 Gram

10 Gram

1 Gram

10 Gram

Feb 22, 2024

₹ 5,755.00

₹ 57,550.00

₹ 6,278.00

₹ 62,780.00

Feb 21, 2024

₹ 5,765.00

₹ 57,650.00

₹ 6,289.00

₹ 62,890.00

Feb 20, 2024

₹ 5,740.00

₹ 57,400.00

₹ 6,261.00

₹ 62,610.00

Feb 19, 2024

₹ 5,750.00

₹ 57,500.00

₹ 6,272.00

₹ 62,720.00

Feb 18, 2024

₹ 5,725.00

₹ 57,250.00

₹ 6,245.00

₹ 62,450.00

Feb 17, 2024

₹ 5,725.00

₹ 57,250.00

₹ 6,245.00

₹ 62,450.00

Feb 16, 2024

₹ 5,715.00

₹ 57,150.00

₹ 6,234.00

₹ 62,340.00

Feb 15, 2024

₹ 5,695.00

₹ 56,950.00

₹ 6,212.00

₹ 62,120.00

Feb 14, 2024

₹ 5,705.00

₹ 57,050.00

₹ 6,221.00

₹ 62,210.00

Feb 13, 2024

₹ 5,765.00

₹ 57,650.00

₹ 6,289.00

₹ 62,890.00

*Disclaimer: The rates are subject to change as per market conditions.

Points to Remember When Buying Gold in Madhya Pradesh

Consider these factors when purchasing gold in Madhya Pradesh:

  • Check rates before making a purchase

  • Ensure the gold’s purity by checking for a Bureau of Indian Standards (BIS) hallmark

  • Purchase gold that comes with a certificate of authenticity

  • Make sure you receive a physical receipt for the purchase of gold

  • Confirm that the weight of the gold is accurate

Gold Investment in Madhya Pradesh

You can make gold investments in Madhya Pradesh by purchasing the precious metal in the form of coins, bars, or jewellery. Alternatively, you can also opt for sovereign gold bonds, gold ETFs, and so on. Ensure to research and know more about these options to make investments that align with your financial goals and requirements.

FAQs

Does the price of gold change daily in Madhya Pradesh?

The gold rate in Madhya Pradesh may change daily, as it is influenced by various national and global economic factors.

What aspects contribute to changes in Madhya Pradesh's gold rates?

Changes in the factors mentioned below can lead to alterations in gold prices in Madhya Pradesh:

  • Gold import tax

  • Global economic conditions

  • Demand and supply of gold

  • Government’s gold reserve

  • India Bullion and Jewellers Association Ltd. (IBJA) benchmark rate

  • Currency rates

How can I check the purity of the gold I purchase in Madhya Pradesh?

One of the easiest ways to check the purity of purchased gold in Madhya Pradesh is to look for a BIS hallmark on the jewellery. This mark denotes that the gold purchased is authentic and in compliance with the regulations set by the Bureau of Indian Standards.

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