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Discover the latest gold rates in Nagpur and make informed decisions about your investments or purchases. Staying updated on the current gold prices will help you navigate the market effectively.

Gold Price in Nagpur

Here is a look at gold prices in Nagpur today:

Weight

24 Karat Gold Rate Today

24 Karat Gold Rate Yesterday

Price  Difference

1 g

₹ 6,273

₹ 6,273

  ₹ 0

10 g

₹ 62,730

₹ 62,730

 ₹ 0

100 g

₹ 6,27,300

₹ 6,27,300

 ₹ 0

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

22 & 24 Karat Gold Rate in Nagpur in the Last 10 Days

The following table shows the change in gold prices over the last 10 days in Nagpur:

Date

Standard 22 Karat Gold

Pure 24 Karat Gold

1 g

10 g

1 g

10 g

Feb 23, 2024

₹ 5,750.00

₹ 57,500.00

₹ 6,273.00

₹ 62,730.00

Feb 22, 2024

₹ 5,750.00

₹ 57,500.00

₹ 6,273.00

₹ 62,730.00

Feb 21, 2024

₹ 5,760.00

₹ 57,600.00

₹ 6,284.00

₹ 62,840.00

Feb 20, 2024

₹ 5,735.00

₹ 57,350.00

₹ 6,256.00

₹ 62,560.00

Feb 19, 2024

₹ 5,745.00

₹ 57,450.00

₹ 6,267.00

₹ 62,670.00

Feb 18, 2024

₹ 5,720.00

₹ 57,200.00

₹ 6,240.00

₹ 62,400.00

Feb 17, 2024

₹ 5,720.00

₹ 57,200.00

₹ 6,240.00

₹ 62,400.00

Feb 16, 2024

₹ 5,710.00

₹ 57,100.00

₹ 6,229.00

₹ 62,290.00

Feb 15, 2024

₹ 5,690.00

₹ 56,900.00

₹ 6,207.00

₹ 62,070.00

Feb 14, 2024

₹ 5,700.00

₹ 57,000.00

₹ 6,218.00

₹ 62,180.00

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

Points to Remember When Buying Gold in Nagpur

When buying gold in Nagpur, consider the following points:

  • Rates and Charges- Learn about the latest gold rates in the city and time your purchase well. Also, take GST and marking charges into consideration when budgeting.

  • Purity - Check whether the gold has a BIS (Bureau of Indian Standards) hallmark and ask for a certificate of authenticity. This helps prove the purity of the gold purchased.

  • Receipt - Make sure to ask for a receipt when buying gold. It must contain all details about the gold purchased including its purity and weight, as well as, the seller’s information

  • Purpose - Purchase gold as per your requirements. Consider the intended purpose of the purchase, be it for investment or daily use, and decide on the purity, weight, and type of gold to buy.

Gold Investment in Nagpur

In Nagpur, you can opt for gold investment options like Gold ETFs, sovereign gold bonds (SGBs), and gold mutual funds. Depending on your long-term and short-term financial goals you can also purchase physical gold and let its value appreciate over time. A great way to leverage gold in Nagpur for investment purposes is to get a loan against it. The amount borrowed can then be used to invest in high-yield options. The investment option you choose must depend on your financial situation and capabilities. Thus, conduct proper research before investing.

FAQs

What factors contribute to changes in Nagpur's gold rates?

Some common things that affect gold rates in Nagpur are as follows:

  • Supply and demand of gold

  • Change in currency value 

  • Economic challenges like inflation and recession

  • Import tax

  • Benchmark rate set by the India Bullion and Jewellers Association Ltd. (IBJA)

How can I check the purity of the gold I purchase in Nagpur?

A certificate of authenticity and the presence of a BIS hallmark on the purchased gold can help you check the purity of the metal.

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