Gold Rate In Allahabad Today

  • Today's Gold Rate in Allahabad( 25 Jan 2021 )

    ₹ 4,759
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Allahabad (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,759 ₹ 4,786 ₹ -27 ↓
    Standard Gold (22 K) ( 8 grams ) ₹ 38,072 ₹ 38,288 ₹ -216 ↓
    Pure Gold (24 K) ( 1 gram ) ₹ 4,997 ₹ 5,025 ₹ -28 ↓
    Pure Gold (24 K) ( 8 grams ) ₹ 39,976 ₹ 40,200 ₹ -224 ↓

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    22 Jan 2021 ₹ 4,759 ₹ 38,072 ₹ 4,997 ₹ 39,976
    21 Jan 2021 ₹ 4,786 ₹ 38,288 ₹ 5,025 ₹ 40,200
    20 Jan 2021 ₹ 4,739 ₹ 37,912 ₹ 4,976 ₹ 39,808
    19 Jan 2021 ₹ 4,736 ₹ 37,888 ₹ 4,973 ₹ 39,784
    18 Jan 2021 ₹ 4,716 ₹ 37,728 ₹ 4,952 ₹ 39,616
    17 Jan 2021 ₹ 4,722 ₹ 37,776 ₹ 4,958 ₹ 39,664
    16 Jan 2021 ₹ 4,722 ₹ 37,776 ₹ 4,958 ₹ 39,664
    15 Jan 2021 ₹ 4,760 ₹ 38,080 ₹ 4,998 ₹ 39,984
    14 Jan 2021 ₹ 4,770 ₹ 38,160 ₹ 5,009 ₹ 40,072
    13 Jan 2021 ₹ 4,785 ₹ 38,280 ₹ 5,024 ₹ 40,192

    Gold Rate Trend

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Gold Price In Allahabad

    The ancient city of Uttar Pradesh, Allahabad has housed many prominent personalities. From Amitabh Bachchan to Jawaharlal Nehru, Allahabad has been a hub of activity famous for its world-renowned university. As like all parts of eastern UP, Allahabad too shares its culture with cities like Kanpur, Lucknow and Varanasi.

    The economy of the city is majorly driven by small businesses and people working in the public sector. Schools and colleges too make up for a huge percentage of employment option. Since, the city is home to most service-sector employees, savings is one of the primary financial features of the city. And savings in the form of gold is one of the most popular financial option chosen by the local people. With the lowering of gold prices globally, Allahabad too was not untouched by the growing demand for the yellow metal.

    Trend of Gold Rate in Allahabad for April 2020 to June 2020 (per gram of 24 karat gold)

    Factor April May June
    First Day Rs.4,253 per gram Rs.4,699 per gram Rs.4,799 per gram
    Last Day Rs.4,761 per gram Rs.4,799 per gram Rs.4,961 per gram
    Highest Price Rs.4,846 per gram on 29 April 2020 Rs.4,883 per gram on 18 and 19 May 2020 Rs.4,961 per gram on 30 June 2020
    Lowest Price Rs.4,253 per gram from 1 April to 20 April 2020 Rs.4,646 per gram on 2 May 2020 Rs.4,725 per gram on 8 June 2020
    Trend Incline Incline Incline
    Change 11.94% 2.12% 3.38%

    Trend of Gold Rate in Allahabad for January 2020 to March 2020 (per gram of 24 karat gold)

    Factor January February March
    1st Day Rs.3,995 per gram Rs.4,169 per gram Rs.4,274 per gram
    Last Day Rs.4,169 per gram Rs.4,368 per gram Rs.4,253 per gram
    Highest Price Rs.4,211 per gram on 9 January Rs.4,394 per gram on 25 and 26 February Rs.4,536 per gram on 7 March
    Lowest Price Rs.3,995 per gram on 1 January Rs.4,116 per gram on 7 February Rs.4,111 per gram on 20 March
    Trend Incline Incline Decline
    Change 4.35% 4.77% -0.49%

    Gold investment options in Allahabad

    Since gold is a popular investment option, gold is available in various forms in the city of Allahabad. Two ways to obtain gold are either as an indirect financial instrument or by buying physical gold in the form of gold jewelry, gold bullions or gold coins.

    • Financial Market

      Gold-based financial schemes are quite popular with the people of Allahabad. Gold ETFs are an innovative way of leveraging the return-potential of gold as an investment instrument. The current government has also launched a Gold Monetization scheme wherein gold lying at home can be utilized to earn interest.

    • Over the counter

      Jewelry shops, both local and branded are places where gold is traded the most. Customers usually flock to these outlets to buy gold jewelry and even gold coins and bullions for investment purposes. Weddings and festivals are two seasons when customers visit gold sellers to buy gold.

    Rate of gold is a huge factor in determining the demand for the precious metal in the city of Allahabad. The demand for the metal peaks irrespective of rate during the season of Diwali as well as during the wedding season.

    Also Check Gold Price in NearBy Cities of Allahabad

    Gold Rate In Aligarh Gold Rate In Noida Gold Rate In Agra
    Gold Rate In Bareilly Gold Rate In Lucknow Gold Rate In Meerut
    Gold Rate In Ghaziabad Gold Rate In Kanpur Gold Rate In Varanasi

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