Get the latest gold rates in Roorkee, price factors, investment options, and key tips for buying or pledging gold.
The gold rate in Roorkee fluctuates daily due to several factors, such as global market trends, currency exchange rates, and local demand. Gold is purchased in Roorkee for jewellery, investment, and cultural purposes.
Today’s gold rate in Roorkee depends on the purity of the gold. It is categorised as 24 Karat gold, which is 99.99% pure and considered purer than 22 Karat gold, which is 91.60% pure and commonly used for making jewellery. Several factors also impact the price of gold, such as import duty, inflation, and economic conditions.
Checking the gold rate today in Roorkee before making a purchase can help you make an informed decision. Gold is often considered a valuable asset, and many people invest in it for long-term financial stability.
Check out the gold price today in Roorkee for different weights below.
Gram |
22 Carat Gold Rate Today |
22 Carat Gold Rate Yesterday |
Daily Price Change |
1 Gram |
₹9,105 |
₹9,390 |
₹-285 |
10 Gram |
₹91,050 |
₹93,900 |
₹-2850 |
100 Gram |
₹910,500 |
₹939,000 |
₹-28500 |
Gold price in Roorkee with fluctuations in the last few days, is shown below:
Date |
STANDARD GOLD 22K |
STANDARD GOLD 24K |
||
1 Gram |
10 Gram |
1 Gram |
10 Gram |
|
April 24, 2025 |
₹9,105 |
₹91,050 |
₹9,560 |
₹95,600 |
April 23, 2025 |
₹9,390 |
₹93,900 |
₹9,860 |
₹98,600 |
April 22, 2025 |
₹9,390 |
₹93,900 |
₹9,860 |
₹98,600 |
April 21, 2025 |
₹9,115 |
₹91,150 |
₹9,571 |
₹95,710 |
April 20, 2025 |
₹9,045 |
₹90,450 |
₹9,497 |
₹94,970 |
Gold price in Roorkee with fluctuations in the last few days, is shown below:
Date |
STANDARD GOLD 18K |
|
1 Gram |
10 Gram |
|
April 24, 2025 |
₹7,450 |
₹74,500 |
April 23, 2025 |
₹7,683 |
₹ 76,830 |
April 22, 2025 |
₹7,683 |
₹76,830 |
April 21, 2025 |
₹7,458 |
₹74,580 |
April 20, 2025 |
₹7,400 |
₹74,000 |
In Roorkee, you have the option to invest in gold in several different ways, depending on your financial goals. Here are some of the common options:
People can choose to buy gold in the form of jewellery, bars, or even coins. Jewellery is ideal for personal usage, whereas bars are preferred for investment purposes. However, there are additional costs to consider, such as making charges and storage safety.
SGBs are issued by the Government of India and offer interest income along with the price appreciation of gold. These are a secure form of investment and a tax-efficient method of investing in gold.
You can choose to invest in gold without requiring physical storage. Gold ETFs are traded on the stock exchange and reflect the current gold price in Roorkee. This offers you liquidity and eliminates the risks related to theft or purity concerns.
You can choose to buy gold online via platforms that store gold in secure and insured vaults. This allows you to buy and sell gold easily without having to handle any physical gold.
Also Read: Tips for Buying Gold Jewellery
Gold is often bought for jewellery and investment purposes. However, before purchasing gold in Roorkee, it is important to check several factors to ensure quality and fair pricing.
Gold comes in different levels of purity, with 24 Karat (99.99% pure) mostly used for coins and bars, while 22 Karat (91.60% pure) is used for jewellery making. Check the BIS (Bureau of Indian Standards) hallmark on gold jewellery before making any purchase.
Gold rates can fluctuate on a day-to-day basis due to current market trends, currency exchange rates, and global demand. Check the current gold rate in Roorkee before any purchase to avoid overpaying.
The price of jewellery includes making charges, and these can differ based on the design and the jeweller. Simpler designs can lower the making charges, while intricate designs may cost more. If you are buying gold for investment purposes, then gold coins and bars may incur lower making charges in comparison to jewellery.
Always buy gold from either a BIS-certified jeweller or a reputed online platform. This ensures that the quality is up to standard and aligned with current fair pricing. Also, ensure that you always ask for a bill to maintain a record of your purchase.
Buying physical gold requires you to pay for secure storage or vaults. You can consider opting for a bank vault or locker to ensure the safety of your assets. If you want to avoid risks associated with storing your gold, then you can opt for digital gold or gold ETFs as investment options.
Gold prices in Roorkee can fluctuate daily. This can be due to factors associated with various economic and market conditions. It is important that you are aware of the factors that affect gold prices:
Gold is traded internationally, and the price of gold in India is directly linked to the global market. Any changes that occur in the international price of gold are directly reflected in the gold rate in Roorkee.
India is known to import most of its gold, and the exchange rate between the Indian Rupee and the US Dollar plays an important role. Gold prices could increase if the rupee weakens against the dollar.
Gold is often used as a hedge against inflation. If there is any economic uncertainty or a rise in inflation, then the demand for gold can rise, leading to higher prices.
Duties and taxes, such as import duty and Goods and Services Tax (GST), can have a significant impact on the cost of gold. An increase in these charges can raise the overall cost for buyers.
Gold in India is used for ornaments, and prices tend to rise during festivals, weddings, and periods of high investment demand. When the demand for gold is high, but the supply is limited, prices can go up.
Gold purity is a key factor that determines its value. In Roorkee, various methods are used to assess gold purity to ensure buyers receive genuine gold. Here are the methods:
The purity of gold is represented in Karats (K), and 24K gold is 99.99% pure, while 22K gold contains 91.60% gold mixed with other alloys. Lower purities, such as 18K and 14K, contain a smaller percentage of gold.
The BIS certified gold with a hallmark that stands as a symbol of purity. A BIS hallmark stamp should be present on the jewellery to indicate that it meets the gold purity standards.
Most jewellers use an acid or electronic test to check the purity of gold. This can help identify the purity without damaging the gold.
An X-ray Fluorescence (XRF) machine can help obtain an accurate reading of the purity of the gold without damaging it.
The final price of gold that you purchase includes the Goods and Services Tax (GST). This applies to any gold-related purchase, which makes it important to understand its implications and how it impacts the cost:
A 3% GST is chargeable on the price of gold in Roorkee, and this is applicable when buying jewellery, coins, or bars. This increases the overall cost of gold in comparison to pre-GST rates.
If you are looking to buy jewellery, then a 5% GST is applicable on the making charges. The making charges differ based on the design and jeweller, and GST can have a significant impact on the final price.
For investors purchasing physical gold, GST adds to the cost of the purchase. However, digital gold, Gold ETFs, and Sovereign Gold Bonds do not attract GST, making them cost-effective investment options.
You can pledge your gold as collateral with a lender and secure a gold loan. The amount of money that you receive depends on the value of the gold, and this can fluctuate based on the current market rate.
When the price of gold rises, the value of the gold that has been pledged increases as well. This allows the borrower to get a higher loan amount for the same amount of gold.
In case the price of gold falls, the lender may offer a lower loan amount. This could mean that the borrower may need to pledge additional gold to meet their loan requirements.
As per the RBI's regulations, a lender may offer up to 75% of the gold’s value as a loan. This means that the gold rate fluctuations can influence how much a borrower can receive.
If the price of gold declines significantly, the borrower may need to repay more to avoid losing the gold that they have pledged. Some lenders could even ask for additional securities in some cases to avoid the risk of defaulting.
The gold rate in Roorkee fluctuates daily due to market trends. You can check today’s gold rate in Roorkee for 22 Karats by visiting any reputable jeweller or a financial website.
The price of gold in Roorkee can fluctuate due to several factors, such as global demand and supply, currency exchange rates, and inflation.
Gold prices in Roorkee are determined by international market rates, local demand, import duties, and changes in the value of the Indian Rupee against the US Dollar.
You can check today's gold rate in Roorkee for 23 Karats through financial platforms, official bullion trading platforms, or by visiting your local jeweller.
Yes, the gold rate may vary between different cities based on factors such as local demand, transportation costs, and state-specific taxes.
Gold rates in Roorkee are affected by the global market price of gold, government import policies, and any fluctuations in currency exchange rates.
Yes, 22K gold contains 91.67% pure gold and is priced lower than 24K gold, which contains 99.99% pure gold. The rate between the two can differ based on the purity of the gold and current market conditions.
You can ensure its authenticity by buying gold from BIS-certified jewellers and looking for hallmarking stamps, which can verify the purity and quality of the gold.
Yes, a 3% GST is applicable to gold purchases in Roorkee, which can affect the final price paid by the customer.
Yes, lenders offer gold loans based on the purity of your gold and the current market rate. The typical loan-to-value ratio is 75% of the gold’s market value.