Take a look at the Live gold price of 18 Carat, 22 Carat, and 24 Carat in Silchar today and make well-informed decisions for purchasing or investing in gold.
Gold remains a reliable investment choice, valued for its ability to provide financial security and safeguard against inflation. Keeping track of the latest gold prices in Silchar is essential, whether you plan to invest or purchase jewellery. Staying updated ensures you make well-informed decisions and maximise value.
Gold prices in Silchar 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: ₹9,170 per gram
- 24-Karat Gold: ₹9,950 per gram
Gold Prices on 30th April 2025
- 22-Karat Gold: ₹9,610 per gram
- 24-Karat Gold: ₹10,460 per gram
Highest Gold Price in April 2025
The highest recorded price of gold during the month was on 25th April 2025:
- 22-Karat Gold: ₹9,700 per gram
- 24-Karat Gold: ₹10,550 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: ₹9,130 per gram
- 24-Karat Gold: ₹9,910 per gram
Overall Performance
Gold prices in Silchar showed a +4.80% increase in April 2025.
Gold prices in Silchar 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: ₹8,930 per gram
- 24-Karat Gold: ₹9,700 per gram
Gold Prices on 31st March 2025
- 22-Karat Gold: ₹9,170 per gram
- 24-Karat Gold: ₹9,950 per gram
Highest Gold Price in March 2025
The highest recorded price of gold during the month was on 28th March 2025:
- 22-Karat Gold: ₹9,200 per gram
- 24-Karat Gold: ₹9,980 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: ₹8,910 per gram
- 24-Karat Gold: ₹9,680 per gram
Overall Performance
Gold prices in Silchar showed a +2.68% increase in March 2025.
Gold prices in Silchar 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: ₹8,800 per gram
- 24-Karat Gold: ₹9,560 per gram
Gold Prices on 28 th February 2025
- 22-Karat Gold: ₹8,930 per gram
- 24-Karat Gold: ₹9,700 per gram
Highest Gold Price in February 2025
The highest recorded price of gold during the month was on 21st February 2025:
- 22-Karat Gold: ₹8,960 per gram
- 24-Karat Gold: ₹9,730 per gram
Lowest Gold Price in February 2025
The lowest recorded price of gold during the month was on 4th February 2025:
- 22-Karat Gold: ₹8,760 per gram
- 24-Karat Gold: ₹9,520 per gram
Overall Performance
Gold prices in Silchar showed a +1.47% increase in February 2025.
The gold rate in Silchar is influenced by multiple factors, such as:
Currency Exchange Rates
Fluctuations in the Indian Rupee’s value against the US Dollar can impact gold prices. A weaker rupee often leads to higher gold rates.
Global Events
Geopolitical tensions, economic instability, and changes in global policies can influence gold prices. During uncertain times, gold is seen as a safe investment.
Seasonal Demand
Gold demand often spikes during festivals and weddings in India, leading to higher prices. Conversely, prices may dip during periods of lower demand.
Government Policies
Government regulations, such as import duties and tax policies, can significantly affect gold prices in Silchar.
Tax Regulations
Taxes, including GST, are a crucial factor that determines the final cost of gold items.
The Goods and Services Tax significantly impacts the cost of gold. A 3% GST is applied to the gold’s value, and an additional 5% GST is levied on making charges for jewellery. These taxes should be factored in when calculating the total cost of your purchase.
Gold is often used as collateral for loans. The loan amount you can get depends on the current gold price. When gold prices increase, the loan eligibility amount also rises. Platforms like Bajaj Markets simplify the process of comparing and applying for gold loans online.
Frequently Asked Questions
How pure is a 22-karat gold?
22-karat gold contains 91.67% pure gold, with the rest made up of other metals to enhance its durability.
Is 24-karat gold a good choice for jewellery?
24-karat gold, being 99.9% pure, is too soft for crafting jewellery. It is better suited for investment purposes. For jewellery, 22-karat gold is ideal due to its durability.
What taxes apply to gold purchases in Silchar?
A 3% GST is charged on the value of gold, and an additional 5% GST is levied on making charges for jewellery items.
Why should I look for a hallmark on gold items?
A hallmark ensures the purity and authenticity of the gold. It protects you from buying substandard or fake gold items.
Where can I buy authentic gold in Silchar?
Silchar has several reputable jewellers offering certified gold. Always choose sellers with a history of reliability and positive customer feedback to ensure a safe purchase.
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