Located in the state of Haryana, Gurugram is an important city which comprises the National Capital Region. Over the years, Gurugram has developed into a huge financial and industrial hub. The economy of Gurugram has a lot of capable people with good income. Due to this reason, people in Gurugram invest in Gold to a great extent. People invest in Gold for many reasons such as investment, ritual, gifting, jewellery, wedding, security against inflation, high resale value, festivities, etc. Gold rates in Gurugram are significantly higher during special occasions such as Diwali, Dussehra, Dhanteras, Akshaya Tritiya, etc.
Since Gold is valued all over the world, factors affecting the rate of Gold in Gurugram stem internationally. Gold is traded in the international markets, which are influenced by a lot of factors, from interest rates to the movement of dollar to interest rates. The correlation of Gold and USD is just the opposite, when one of them falls, the other gains and vice versa. This is a major factor which impacts the rate of Gold in Gurugram. Additional factors which influence the rate of Gold in Gurugram include:
Gold is available in two forms - 22 or 24 Karat. This determines the purity of the metal. 22 Karat implies that the purity is 92%, while 24 Karat Gold comes with 99.9% purity. There are several ways to buy Gold in Gurugram, depending on the amount needed.
You should look into the following factors before purchasing Gold in Gurugram:
Purity Certification - Ensure that the Gold article is BIS certified. A BIS certified gold jewellery includes BIS logo, Purity/fineness Mark, Assaying and Hallmarking Centre’s Mark, Year of Marking and Jewellers Identification Mark.
Making Charges - This is the cost of molding a Gold article as per the desired design. These expenses are also dependent on factors such as the design of the gold jewellery, gold jewellery brand or jeweller from which you are purchasing gold, etc. It can range from 8% to 25%.
Weight - The price of Gold is directly proportional to its weight. If a Gold article has precious gems and stones, the weight as well as price of Gold will increase.
Invoice - Always purchase Gold with a physical invoice. It will help at the time of exchanging your gold jewellery.
Trend of Gold Rate in Gurugram for August 2019 (rates per kg)
| Gold Rates | 22 Carat | 24 Carat |
|---|---|---|
| 1st August rate | 3412 | Rs.34,800 |
| 31st August rate | 3803 | Rs.38,650 |
| Highest rate | 3826 on 28th August 2019 | Rs.38,950 on August 8 |
| Lowest rate | 3389 on 03 August 2019 | Rs.34,800 on August 1 |
| Overall performance | NA | NA |
| % change | NA | NA |
Trend of Gold Rate in Gurugram for July 2019 (rates per kg)
| Gold Rates | 22 Karat | 24 Karat |
|---|---|---|
| 1st July rate | 3322 | 3488 |
| 31st July rate | 3410 | 3577 |
| Highest rate | 3447 on 20th July 2019 | 3619 on 20th July 2019 |
| Lowest rate | 3287 on 03 July 2019 | 3447 on 02 July 2019 |
| Overall performance | NA | NA |
| % change | NA | NA |
Trend of Gold Rate in Gurugram for June 2019 (rates per kg)
| Gold Rates | 22 Carat | 24 Carat |
|---|---|---|
| 1st June rate | 3122 | 3281 |
| 30th June rate | 3327 | 3491 |
| Highest rate | 3344 on 22nd June 2019 | 3514 on 22nd June 2019 |
| Lowest rate | 3122 on 01 June 2019 | 3281 on 01 June 2019 |
| Overall performance | NA | NA |
| % change | NA | NA |
Trend of Gold Rate in Gurugram for May 2019 (rates per kg)
| Gold Rates | Gold Rates | 24 Carat |
|---|---|---|
| 1st May rate | 3119 | 3278 |
| 31st May rate | 3104 | 3257 |
| Highest rate | 3157 on 15th May 2019 | 3319 on 15th May 2019 |
| Lowest rate | 3071 on 24 May 2019 | 3227 on 24 May 2019 |
| Overall performance | NA | NA |
| % change | NA | NA |
Trend of Gold Rate in Gurugram for April 2019 (rates per kg)
| Gold Rates | 22 Carat | 24 Carat |
|---|---|---|
| 1st April rate | 3115 | 3271 |
| 30th April rate | 3119 | 3275 |
| Highest rate | 3128 on 29th April 2019 | 3284 on 29th April 2019 |
| Lowest rate | 3076 on 04 April 2019 | 3232 on 07 April 2019 |
| Overall performance | NA | NA |
| % change | NA | NA |
Trend of Gold Rate in Gurugram for March 2019 (rates per kg)
| Gold Rates | 22 Carat | 24 Carat |
|---|---|---|
| 1st March rate | 3242 | 3410 |
| 31st March rate | 3089 | 3244 |
| Highest rate | 3245 on 3rd March 2019 | 3410 on 1st March 2019 |
| Lowest rate | 3089 on 31 March 2019 | 3244 on 31 March 2019 |
| Overall performance | NA | NA |
| % change | NA | NA |
Precious metals such as Silver and Gold are subjected to Goods and Services Tax. A 3% GST is applicable on the final price of Gold.
The Bureau of Indian Standards (BIS) is the primary hallmarking agency. It is the National Standards body of India that authenticates the purity of Gold in India. Hallmarking is the process which records and determines the metal content in Gold/Silver articles. Hallmarked Gold will contain the following information:
The different ways by which a user can buy gold include:
In conclusion, Gold is a good investment option. However, you must ensure that you purchase Gold from a certified and established jeweller to get a fair price and good quality.
What is the rate of Gold per gram in Gurugram?
The rate of Gold per gram in Gurugram is Rs. 3,756 as on 9th September 2019.
What is the rate of Gold for 10 grams in Gurugram?
The rate of Gold per 10 grams in Gurugram is Rs. 37,560 as on 9th September 2019.
What is the rate of Gold for 100 grams in Gurugram?
The rate of Gold per 100 grams in Gurugram is Rs. 3,75,600 as on 9th September 2019.
What is the rate of Gold for 1 kg in Gurugram?
The rate of 1 kg Gold in Gurugram is Rs. 37,56,000 as on 9th September 2019.
