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.
The highest recorded price of gold during the month was on 25th April 2025:
The lowest recorded price of gold during the month was on 6th April 2025:
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.
The highest recorded price of gold during the month was on 28th March 2025:
The lowest recorded price of gold during the month was on 5th March 2025:
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.
The highest recorded price of gold during the month was on 21st February 2025:
The lowest recorded price of gold during the month was on 4th February 2025:
Gold prices in Silchar showed a +1.47% increase in February 2025.
The gold rate in Silchar is influenced by multiple factors, such as:
Fluctuations in the Indian Rupee’s value against the US Dollar can impact gold prices. A weaker rupee often leads to higher gold rates.
Geopolitical tensions, economic instability, and changes in global policies can influence gold prices. During uncertain times, gold is seen as a safe investment.
Gold demand often spikes during festivals and weddings in India, leading to higher prices. Conversely, prices may dip during periods of lower demand.
Government regulations, such as import duties and tax policies, can significantly affect gold prices in Silchar.
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.
22-karat gold contains 91.67% pure gold, with the rest made up of other metals to enhance its durability.
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.
A 3% GST is charged on the value of gold, and an additional 5% GST is levied on making charges for jewellery items.
A hallmark ensures the purity and authenticity of the gold. It protects you from buying substandard or fake gold items.
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.