Gold Rate in Manipur Today

People rely on gold as a valuable asset, especially during times of financial crisis. Its price has steadily increased over the years, making it a preferred investment option. Indians purchase gold during auspicious occasions, reflecting their deep cultural connection to the metal. 

 

Investors in this state traditionally invest in gold in the form of jewellery, coins, and bars. However, newer investment avenues now provide more opportunities to trade and build wealth through gold.

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

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,115	₹9,115	₹0
10 Gram	₹91,150	₹91,150	₹0
100 Gram	₹911,500	₹911,500	₹0

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

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

The gold investment market continues to expand, offering options beyond physical gold. Some of the most convenient methods include:

• Digital Gold

Fintech platforms store the equivalent quantity of gold in insured vaults, eliminating storage concerns. You can purchase gold online through platforms or mobile applications, with the provider holding an equivalent quantity of physical gold securely on your behalf.

• RBI Sovereign Gold Bonds (SGBs)

These bonds allow investments starting from 1 gram, with a tenure of eight years. An exit option is available after five years. Investors receive a fixed annual interest payout of 2.50%.

• Gold Exchange-Traded Funds (ETFs)

These funds offer investment access via a demat account. You need to have a stockbroker to buy or sell units. The fund pools capital from various investors and invests in gold-backed assets such as bullion or futures contracts. The value of the underlying gold determines the ETF’s market price.

• Gold Schemes

These plans involve regular small contributions, functioning similarly to a Systematic Investment Plan (SIP). Investors can accumulate gold gradually through disciplined installments.

• Mining Stocks

These involve purchasing shares of companies engaged in gold mining. Returns depend both on market gold prices and the financial performance of the respective company.

Before investing in gold, check the gold price today in Manipur or the karat you plan to buy. If the price seems right, follow these steps to make a secure and profitable purchase: 

Buy From a Trusted Seller

When buying, keep these things in mind:

• Choose sellers with a strong reputation in the market 

• If buying online, read reviews and speak with existing investors

• Verify that the seller has legal certifications and does not impose hidden charges

Check for Hallmark Certification 

To ensure authenticity, the Bureau of Indian Standards (BIS) certifies gold through:  

• The hallmark logo  

• A hallmark certificate  

• A six-digit Hallmark Unique Identification (HUID)  

 

Always ask for these before making a purchase.  

Consider Additional Charges

Gold purchases often include extra costs such as:  

• Bank locker fees for storage  

• Making charges for jewellery  

• GST, which has a fixed rate, though making charges may be negotiable  

Compare Discounts and Offers  

Festival promotions often feature a variety of deals from different sellers. Key factors to compare include:

• Flat discounts or cashback offers available online or in-store

• Additional benefits such as free delivery or extended warranties

• Terms and conditions to check for hidden charges before finalising the purchase

The price of gold in Manipur depends on more than simply monitoring daily rates. It is equally important to recognise the underlying factors that influence these fluctuations. Key determinants include:

• Exchange Rate (Rupee vs. US Dollar)

Gold is traded internationally in US dollars. Any fluctuation in the exchange rate influences import costs. The value of the rupee is affected by global economic trends and geopolitical developments, which in turn impact domestic gold prices.

• Interest Rates

Gold prices tend to move inversely with interest rates. When interest rates increase, investors favour interest-yielding assets, reducing demand for gold. Conversely, when rates are low, gold becomes more attractive, leading to price increases.

• Government Import Regulations

Changes in government import policies directly influence gold prices in Manipur. For example, a reduction in import duties lowers the cost of imported gold. In 2024, when the government reduced the import duty from 15% to 6%, domestic gold prices declined by 9%.

• Inflation

High inflation often leads to greater demand for gold as investors seek a reliable store of value. As a hedge against economic instability, gold draws increased buying interest, which contributes to price escalation.

Gold purity is measured in karats (K), with 24K being the purest (99.9% gold). Lower karats mix in metals like silver or copper:

• 24K (99.9%): Too soft for jewellery

• 22K (91.6%): Common in jewellery

• 18K (75%): Durable and popular

• 14K (58.5%): More affordable

• 10K (41.7%): Good for daily wear

 

To check the purity, you can use the following methods:

• Acid Test

The jeweller rubs the gold item against a testing stone and then applies nitric acid. Any fading or reaction indicates the presence of impurities. This method is quick but may cause slight surface damage to the gold.

• Black Stone Method

In this technique, gold is rubbed on a black stone to produce a visible streak. Acid is applied to the streak to observe the reaction. It helps verify authenticity without affecting the entire piece.

• Fire Assay

Recognised as one of the most accurate methods, this process involves melting a sample of the gold to analyse its metal composition. It provides reliable results but consumes a small portion of the material.

• Float Test

The gold item is placed in water to test its density. Pure gold sinks immediately due to its high density, while counterfeit or impure pieces may float or settle slowly.

In India, purchasing gold involves a 3% Goods and Services Tax (GST)—split equally as 1.5% Central GST (CGST) and 1.5% State GST (SGST). In addition, making charges for jewellery attract a 5% GST on gold. Gold prices may fluctuate due to changes in GST regulations.

Gold loans provide a quick and convenient solution during emergencies. They offer easy approval and comparatively lower interest rates. 

 

The loan amount depends on the current market value of the gold you pledge. Higher gold rates lead to a higher loan amount, while lower gold prices result in a lower loan amount for the same gold asset.

Compare and apply for gold loans from various lenders on Bajaj Markets. You only need to submit a few details and documents to receive a high-value loan within minutes.