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Gold Price In Amravati
Gold rate per unit in Amravati is determined by the purity of gold. Buyers can purchase either 24 karat, 22 karat, 18 karat or 14 karat gold. 14 karat gold is cheap and 24 karat gold is expensive. Gold rate in Amravati changes in accordance to the international gold market.
Amravati is the 8th most populated city in Maharashtra. It is famous for religious architecture and attracts a good number of tourists. The city is fast growing and a large number of people residing in the city. The large number of residents invest in gold. The demand for gold increases during the festivals and wedding season. The gold rate depends on the international gold rate.
Trend of Gold Rate in Amravati for April 2020 to June 2020 (per gram of 24 karat gold)
|First Day||Rs.4,158 per gram||Rs.4,641 per gram||Rs.4,702 per gram|
|Last Day||Rs.4,635 per gram||Rs.4,699 per gram||Rs.4,831 per gram|
|Highest Price||Rs.4,785 per gram on 27 April 2020||Rs.4,757 per gram on 20 May 2020||Rs.4,841 per gram on 25 June 2020|
|Lowest Price||Rs.4,158 per gram from 1 April to 5 April 2020||Rs.4,534 per gram on 12 May 2020||Rs.4,564 per gram on 8 June 2020|
Trend of Gold Rate in Amravati for January 2020 to March 2020 (per gram of 24 karat gold)
|1st Day||Rs.3,985 per gram||Rs.4,179 per gram||Rs.4,263 per gram|
|Last Day||Rs.4,179 per gram||Rs.4,358 per gram||Rs.4,158 per gram|
|Highest Price||Rs.4,216 per gram on 9 January||Rs.4,410 per gram on 25 February||Rs.4,531 per gram on 7,8 and 9 March 2020|
|Lowest Price||Rs.3,985 per gram on 1 January||Rs.4,132 per gram on 7 February||Rs.4,116 per gram on 18 March 2020|
Gold investment avenues in Amravati
Residents of Amravati love buying gold either as a jewellery or an investment. Gold sales usually high during the festivals and wedding season. Investors also buy gold to protect themselves from the fluctuating market as gold is treated as a safe haven asset. Gold can be brought in Amravati in the following ways:
Gold can also be purchased from anywhere as you now have access to E-gold, futures and ETFs. E-gold is traded at National Spot Exchange. Bombay Stock Exchange trades ETFs. Trading in gold is subject to certain risk which you must be mindful of before you start trading.
Over the counter purchases:
Residents of Amravati prefer looking at the jewellery and try it on before actually buying it. There are a numerous jewellers in Amravati from where people can buy gold in any form. Gold can be brought in the form of coins and bars from the bank as well as the jewellers. You get a purity certificate when you buy gold from the bank making it costlier.
- Also Check: Gold Rate in Maharashtra
Also Check Gold Price in NearBy Cities of Amravati
|Gold Rate In Nanded||Gold Rate In Sangli||Gold Rate In Jalgaon||Gold Rate In Kolhapur|
|Gold Rate In Mumbai||Gold Rate In Nagpur||Gold Rate In Pune||Gold Rate In Aurangabad|
|Gold Rate In Thane||Gold Rate In Nashik||Gold Rate In Solapur||Gold Rate In Indore|
Read more on Gold
- Gold And Indian Weddings
- How Does Gold Investment Affect Indian Economy?
- Where To Buy Gold In India
- How are Gold Rates Determined?