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Gold carries immense significance in Bengali traditions, deeply woven into cultural practices. The tradition of adorning gold jewellery during weddings, religious ceremonies, and major festivals, such as Durga Puja and Kali Puja, has persisted for centuries in West Bengal. Understanding and monitoring gold rates in West Bengal become crucial, as they influence purchasing decisions, investments, and contribute to the economy of the region.

Gold Price in West Bengal

The following table shows the current gold rates in West Bengal:

Weight

24 Karat Gold Rate Today

24 Karat Gold Rate Yesterday

Price Difference

1 g

₹6,229

₹6,207

+ ₹22

10 g

₹62,290

₹62,070

+ ₹220

100 g

₹6,22,900

₹6,20,700

+ ₹2,200

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

22 & 24 Karat Gold Rate in West Bengal in the Last 10 Days

Date

Standard 22 Karat Gold

Pure 24 Karat Gold

1 g

10 g

1 g

10 g

Feb 16, 2024

₹5,710

₹57,100

₹6,229

₹62,290

Feb 15, 2024

₹5,690

₹56,900

₹6,207

₹62,070

Feb 14, 2024

₹5,700

₹57,000

₹6,218

₹62,180

Feb 13, 2024

₹5,760

₹57,600

₹6,284

₹62,840

Feb 12, 2024

₹5,770

₹57,700

₹6,295

₹62,950

Feb 11, 2024

₹5,770

₹57,700

₹6,295

₹62,950

Feb 10, 2024

₹5,770

₹57,700

₹6,295

₹62,950

Feb 9, 2024

₹5,790

₹57,900

₹6,316

₹63,160

Feb 8, 2024

₹5,800

₹58,000

₹6,323

₹63,230

Feb 7, 2024

₹5,800

₹58,000

₹6,323

₹63,230

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

Points to Remember When Buying Gold in West Bengal

Here are some things you can do to ensure that the gold you purchase in the state is authentic:

  • Authenticity Checks: Verify BIS hallmarks and request for a certificate of authenticity

  • Purity Levels: Check the karat markings to determine the gold's purity

  • Accurate Weight: Ensure that the weight of the gold is accurate

  • Market Rates: Stay informed about current gold rates in West Bengal before making a purchase

  • Reputable Sellers: Choose trustworthy jewellers with a history of reliability and positive reviews

  • Purchase Documents: Obtain a detailed receipt for the transaction, specifying weight, purity, and price

Gold Investment in West Bengal

Some great gold investment avenues that you can choose from in West Bengal include:

  • Gold ETFs

  • Gold mutual funds

  • Gold futures and options

  • Physical gold like coins, jewellery, and bars

  • Sovereign gold bonds

FAQs

What are some factors that may have an impact on gold rates in West Bengal?

Here are some factors that may lead to fluctuations in the state’s gold rates:

  • Inflation

  • Macroeconomic challenges

  • Global gold and currency exchange rates

  • Rural income and agricultural activities

  • Demand and supply 

  • Tax and import duty

  • Government gold reserves

  • National policies

How can I check the purity of the gold I purchase in West Bengal?

Check whether the purchased gold has a BIS hallmark and a certificate of authenticity to be assured of its purity. You can also use other methods like skin tests, acid tests, ceramic tests, magnet tests, and machine tests to further verify the metal’s purity.

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