Gold holds significant cultural, economic, and investment importance in Srinagar. In terms of investment, many individuals in Srinagar and across India consider gold a hedge against inflation and other economic problems. Checking gold rates is crucial for informed buying and selling decisions, helping residents and businesses stay updated on market trends and make sound financial choices in Srinagar.
The following table provides information on the gold rates in Srinagar today:
Weight |
24 Karat Gold Rate Today |
24 Karat Gold Rate Yesterday |
Price Difference |
1 g |
₹5,969 |
₹6,064 |
- ₹95 |
10 g |
₹59,690 |
₹60,640 |
- ₹950 |
100 g |
₹5,96,900 |
₹6,06,400 |
- ₹9,500 |
*Disclaimer: The rates mentioned above are subject to change as per market conditions.
Check the changes in gold prices over the last 10 days in Srinagar:
Date |
Standard 22 Karat Gold |
Pure 24 Karat Gold |
||
1 g |
10 g |
1 g |
10 g |
|
Feb 26, 2024 |
₹ 5,860.00 |
₹ 58,600.00 |
₹ 6,153.00 |
₹ 61,530.00 |
Feb 25, 2024 |
₹ 5,870.00 |
₹ 58,700.00 |
₹ 6,164.00 |
₹ 61,640.00 |
Feb 24, 2024 |
₹ 5,870.00 |
₹ 58,700.00 |
₹ 6,164.00 |
₹ 61,640.00 |
Feb 23, 2024 |
₹ 5,850.00 |
₹ 58,500.00 |
₹ 6,143.00 |
₹ 61,430.00 |
Feb 22, 2024 |
₹ 5,850.00 |
₹ 58,500.00 |
₹ 6,143.00 |
₹ 61,430.00 |
Feb 21, 2024 |
₹ 5,860.00 |
₹ 58,600.00 |
₹ 6,153.00 |
₹ 61,530.00 |
Feb 20, 2024 |
₹ 5,835.00 |
₹ 58,350.00 |
₹ 6,127.00 |
₹ 61,270.00 |
Feb 19, 2024 |
₹ 5,845.00 |
₹ 58,450.00 |
₹ 6,137.00 |
₹ 61,370.00 |
Feb 18, 2024 |
₹ 5,820.00 |
₹ 58,200.00 |
₹ 6,111.00 |
₹ 61,110.00 |
Feb 17, 2024 |
₹ 5,820.00 |
₹ 58,200.00 |
₹ 6,111.00 |
₹ 61,110.00 |
*Disclaimer: The rates are subject to change as per market conditions.
Here are some important things you must keep in mind when purchasing gold in Srinagar:
Check Gold Rates: Monitor current gold prices in the city
Research Sellers: Choose trustworthy jewellers or authorised dealers
Verify Purity: Look for the Bureau of Indian Standards (BIS) hallmarks and karat markings on the gold
Check Weight: Ensure the gold is accurately weighed using certified scales
Demand a Receipt: Obtain a detailed receipt specifying the purchase details
Ask for purity certification: Request the seller to provide your gold’s certificate of authenticity
Understand Making Charges: Factor in making charges and taxes associated with the purchase
You can make a gold investment in Srinagar through any of the following avenues:
Gold mutual funds
Gold ETFs
Gold futures and options
Physical gold like bars, coins, and jewellery
Sovereign gold bonds
Here are some variables that can have a major impact on gold rates in Srinagar:
Supply and demand of gold
Change in government policies
Gold import tax and duties
Macroeconomic crisis
Change in consumer sentiments