• Gold Rate In Assam

    Daily Gold Rates
    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    22 May 2018 ₹ 3,051 ₹ 24,408 ₹ 3,204 ₹ 25,632
    21 May 2018 ₹ 3,063 ₹ 24,504 ₹ 3,216 ₹ 25,728
    20 May 2018 ₹ 3,063 ₹ 24,504 ₹ 3,216 ₹ 25,728
    18 May 2018 ₹ 3,045 ₹ 24,360 ₹ 3,197 ₹ 25,576
    17 May 2018 ₹ 3,061 ₹ 24,488 ₹ 3,214 ₹ 25,712
    16 May 2018 ₹ 3,093 ₹ 24,744 ₹ 3,248 ₹ 25,984
    15 May 2018 ₹ 3,093 ₹ 24,744 ₹ 3,248 ₹ 25,984
    14 May 2018 ₹ 3,099 ₹ 24,792 ₹ 3,254 ₹ 26,032
    11 May 2018 ₹ 3,084 ₹ 24,672 ₹ 3,238 ₹ 25,904
    10 May 2018 ₹ 3,078 ₹ 24,624 ₹ 3,232 ₹ 25,856

    *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 Rate in Assam

    Assam, the land of tea and forests is a state with a rich cultural heritage and background. While it might be small in size, it forms an integral part of India, offering a new perspective to life in the hills. Home to some major towns and cities in the northeast, Assam has always been viewed as a prosperous place, one conducive for investments and business. Gold is intrinsic to the culture of Assam, occupying a place in the hearts and souls of residents here. Gold rates in Assam generally mimic the economic conditions prevalent in the country, which in turn are impacted by international market scenarios.

    Gold continues to be viewed as an excellent investment opportunity here, making it a favourite purchase during festivals like Diwali and Dhanteras.

    Trend of Gold Rate in Assam for April 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st April 2018 Rs.3,159 per gram
    Gold Rate on 30th April 2018 Rs.3,231 per gram
    Highest Rate in April Rs.3,243 per gram from 20 to 23 April
    Lowest Rate in April Rs.3,159 per gram from 1 and 2 April
    Overall Monthly Performance Incline
    Percentage Change 2.27%

    Trend of Gold Rate in Assam for March 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st March Rs.3,143 per gram
    Gold Rate on 31st March Rs.3,159 per gram
    Highest Rate in March Rs.3,198 per gram on 25 & 26 March
    Lowest Rate in March Rs.3,117 per gram on 20 March
    Overall Monthly Performance Incline
    Percentage Change 0.50%

    March 2018- Week 1 (1st-4th):

    • Gold prices in Assam were stable in the first week of March, trading at Rs.3,143 per gram when trading opened on 1 March.
    • Demand was steady and there was no change in price for most of the short week.
    • International demand also saw little in the way of fluctuation in prices, which helped keep local prices stable.
    • A jump was seen as the week ended, with gold trading at Rs.3,163 per gram on 4 March.

    March 2018- Week 2 (5th-11th):

    • There was some fluctuation in the price of gold in the second week, as market forces and international demand influenced local prices and demand.
    • Gold was priced at Rs.3,163 per gram on 5 March but prices fell due to a slackening of demand from jewellers as the wedding season came to an end.
    • Prices fell to Rs.3,153 per gram on 7 March as local demand dropped on steady stock market performance before rising to Rs.3,170 per gram on 8 March due to demand vagaries.
    • Industrial demand was strong overseas but did not impact local prices much, which led to gold falling to Rs.3,143 per gram on 10 March in spite of robust trade in the commodity across the world, especially in Asian countries.
    • A marginal rise in price was seen as the week drew to a close with the yellow metal trading at Rs.3,149 per gram on 11 March.

    March 2018- Week 3 (12th-18th):

    • There was a steady decline in gold prices as stock markets rose and the U.S. Dollar strengthened over the course of the week.
    • The precious metal began the week trading at Rs.3,149 per gram on 12 March but soon fell to Rs.3,136 per gram on 14 March as local demand dropped on stagnant demand.
    • International demand was also muted as the U.S. Dollar regained some of its lost value after positive unemployment data.
    • Gold briefly rose to Rs.3,156 per gram on 15 March before prices once again plunged on declining orders from industry.
    • The precious metal traded at Rs.3,132 per gram on 18 March as demand was low across domestic and international markets.

    March 2018- Week 4 (19th-25th):

    • Gold prices saw a steep rise towards the middle of the week as volatile geopolitical situations as well as a shake-up in the U.S. State Department led to markets plunging.
    • The week opened with gold priced at Rs.3,132 per gram on 19 March, with prices rising to Rs.3,140 per gram on 21 March as U.S. stocks tried to recover from the surprise sacking of the U.S. Secretary of State.
    • Prices rose to Rs.3,162 per gram on 23 March as the dollar fell on market uncertainty over the Fed’s meeting and the possibility of economic tightening policies.
    • Gold surged as the week ended, with the yellow metal trading at Rs.3,198 per gram on 25 March.

    March 2018- Week 5 (26th-31st):

    • The price of gold was steady towards the start of the week before a sharp drop in demand saw prices plunge later.
    • Gold opened the week trading at Rs.3,198 per gram on 26 March as investor sentiment favoured safe-haven assets after a period of market turbulence.
    • There was a gradual drop in price over the course of the week, with gold prices falling as industrial demand dropped.
    • The yellow metal fell to Rs.3,192 per gram on 28 March before falling to Rs.3,179 per gram on 29 March as retail demand stagnated.
    • Demand from jewellers was also poor, as gold fell further to Rs.3,159 per gram on 31 March.
    • In spite of the sudden drop in price, gold prices rose by 0.50% over the course of the month.

    Trend of Gold Rate in Assam for February 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st February 2018 Rs.3,146 per gram
    Gold Rate on 28th February 2018 Rs.3,163 per gram
    Highest Rate in February Rs.3,191 per gram on 18 & 19 February
    Lowest Rate in February Rs.3,105 per gram on 11 & 12 February
    Overall Monthly Performance Incline
    Percentage Change 0.54%

    February 2018 - Week 1 (1 -4 ):

    • Gold opened at Rs.3,146 per gram when February’s trading began in Assam.
    • The same rate was recorded on the 2nd as well as demand from the local market remained steady.
    • On the 3rd, gold rates in Assam rose to Rs.3,166 per gram as equity markets from around the world underwent some changes and investors used gold as a hedge.
    • The previous day’s demand, however, was unsustainable and gold rates dropped to RS.3,140 per gram on the 4th as a result of this.

    February 2018 - Week 2 (5 -11):

    • When the second week of February began, gold was still priced at Rs.3,140 per gram as the markets seemed to recover, keeping gold demand at a low.
    • Demand from local jewellers remained steady throughout the ordeal on the 6th before surging by Rs.19 to Rs.3,159 per gram on the 7th.
    • The previous day’s rise could be chalked up to vastly fluctuating markets, which pushed local demand up.
    • However, the 8th recorded one of the steepest fall in prices this month, owing to poor trading conditions locally.
    • Gold prices dropped to as low as Rs.3,126 per gram on the 9th- a Rs.33 decline in a span of a day.
    • Gold rate in Assam dropped further as the week ended and they were seen holding at Rs.3,105 per gram on the 11th February.

    February 2018 - Week 3 (12th - 18th):

    • During this week, gold rates seemed to increase considerably, thanks to valentine’s day and the subsequent surge in demand it brought.
    • When the week began on the 12th, the yellow metal traded at Rs.3,105 per gram which subsequently rose to Rs.3,173 per gram on the 13th.
    • Ths Rs.68 spurt in less than a day was brought about by the imminent arrival of Valentine’s day.
    • Despite industrial demand remained low, gold rates were helped on the retail industry, and gold rate in Assam rose to Rs.3,191 per gram on the 18th of February.
    • Gold traded at its highest on the final day of the week, thanks to strong local demand.

    February 2018 - Week 4 (19th - 25th):

    • Gold seemed to hit its normal stride this week as the various rises in demand from the previous weeks came to a halt.
    • On the 19th of February, gold was priced at Rs.3,191 per gram. This fell as the days progressed owing to a consistent decrease in demand.
    • The 20th saw gold price in Assam drop to Rs.3,187 per gram before dropping again to Rs.3,168 per gram the next day as the dollar strengthened.
    • As local demand saw little chances of improving, gold demand dropped. This caused prices to drop to Rs.3,155 per gram on the 22nd.
    • During the 23rd and 24th of February, gold traded at Rs.3,154 per gram but rose to Rs.3,158 per gram on the final day of this week.

    February 2018 - Week 5 (26th - 28th):

    • Gold demand was a little haphazard during the final week of February. The week began with the metal trading at Rs.3,158 per gram.
    • This surged to Rs.3,170 per gram as local demand increased briefly.
    • On the final day of this month, i.e., the 28th, gold rates dropped to Rs.3,163 per gram.
    • All in all, gold prices saw a 0.54% increase in prices over the course of the month.

    Trend of Gold Rate in Assam for January 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st January 2018 Rs.3,090 per gram
    Gold Rate on 31st January 2018 Rs.3,127 per gram
    Highest Rate in January Rs.3,172 per gram on 25 January
    Lowest Rate in January Rs.3,090 per gram on 1 and 2 January
    Overall Monthly Performance Incline
    Percentage Change 1.19%

    January 2018 - Week 1 (1 to 7):

    • When trading began in Assam, the bullion was priced at Rs.3,090 per gram on the 1st of January amid positive trends overseas.
    • Thanks to steady demand from local jewellers, retailers and industries, prices remained untouched at Rs.3,090 per gram on the 2nd.
    • With the US dollar losing ground against other apex currencies, demand for the bullion surged. This led to gold rates rising to Rs.3,099 per gram on the 3rd which surged further to Rs.3,103 per gram on the 4th amid firm international trends.
    • However, with markets refraining from making purchases ahead of the US employment data, gold prices dropped to Rs.3,088 per gram on the 5th.
    • With the US jobs data reporting a decline in the number of jobs contributing to the US economy, the dollar plunged. This led to rates rising to Rs.3,107 per gram on the 6th.
    • The week came to an end with the yellow metal trading at Rs.3,107 per gram on the 7th with steady but subdued demand from jewellers and industries.

    January 2018 - Week 2 (8 to 14):

    • The second week began with gold prices holding at Rs.3,102 per gram on the 8th amid firm overseas trends.
    • The 9th saw gold rates plunging to Rs.3,101 per gram after the strengthening US greenback resulted in reduced demand for the precious metal.
    • With the dollar holding on to its previous gains in the global markets, gold rates in Assam plummeted to Rs.3,099 per gram on the 11th.
    • However, the 12th saw silver prices rebounding to Rs.3,120 per kg after the dollar lost significant ground against a basket of other emerging currencies. This also led to the bullion touching near seven-week highs in the international bullion market.
    • Firm trends overseas coupled with strong domestic demand from industries, retailers and jewellers led to gold prices rising further to Rs.3,131 per gram on the 14th.
    • The week came to an end with the yellow metal prices holding at Rs.3,146 per gram on the 14th with strong local demand amid the positive global cues.

    January 2018 - Week 3 (15 to 21):

    • When trading commenced for the third week, the bullion prices were recorded at Rs.3,146 per gram on the 15th.
    • With investors and traders mulled over by a possible US government shutdown, the US dollar index lost against other apex currencies. This led to gold rares rising further to Rs.3,157 per gram on the 16th.
    • An increased global demand coupled with strong overseas trends led to gold prices rising further to Rs.3,167 per gram on the 17th.
    • Prices remained unaltered at Rs.3,167 per gram on the 18th before plunging to Rs.3,147 per gram the following day with the US dollar index regaining lost ground from the previous days’ losses.
    • The 20th saw gold prices rising slightly to Rs.3,149 per gram after demand remained flat amid the steady greenback.
    • The week concluded with the yellow metal prices holding steady at Rs.3,149 per gram on the 21st with steady demand from industries, jewellers and retailers.

    January 2018 - Week 4 (22 to 28):

    • The bullion was recorded trading at Rs.3,149 per gram on the 22nd, when the week began in Assam.
    • With the dollar losing against a basket of other major currencies, demand for the precious metal surged. This led to gold rates rising to Rs.3,161 per gram on the 23rd.
    • Steady demand coupled with firm trend overseas led to gold being priced at Rs.3,161 per gram on the 24th as well.
    • With gold hitting its highest in the last 16 months, prices surged to Rs.3,172 per gram - the highest recorded monthly figure - on the 25th.
    • However, with the dollar recovering from its previous streak of losses, demand for the yellow metal declined.
    • The week came to an end with gold rates holding at Rs.3,132 per gram on the 28th with subdued demand amid the weak global cues.

    January 2018 - Week 5 (29 to 31):

    • The final week of bullion trading began with the yellow metal priced at Rs.3,132 per gram on the 29th.
    • The 30th saw gold prices in Assam remaining untouched at Rs.3,132 per gram with the US dollar holding on to its previous gains in the global trade.
    • With the US dollar gaining ahead of the US Federal Reserve’s monetary policy meeting, gold rates dropped to Rs.3,127 per gram on the last day.
    • The bullion trade registered an incline of 1.19% in gold rates following the poor performances by the US dollar and strong safe haven appeal for the metal during the course of the year.

    Trend of Gold Rate in Assam for December 2017 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st December 2017 Rs.3,074 per gram
    Gold Rate on 31st December 2017 Rs.3,098 per gram
    Highest Rate in December Rs.3,098 per gram on 30 and 31 December
    Lowest Rate in December Rs.3,001 per gram on 12 and 13 December
    Overall Monthly Performance Incline
    Percentage Change 0.78%

    December 2017 – Week 1 (1st to 10th)

    • Gold rate in Assam commenced at Rs.3,074 per gram amidst the firm trend overseas.
    • On 2 December, the yellow metal price inclined to Rs.3,088 per gram owing to a decline in the dollar rate.
    • With steady domestic and global demand, the rates remained unchanged at Rs.3,088 per gram on 3 December and 4 December.
    • As a result of the US Senate passing the revised tax bill, the dollar recouped and plummeted gold rate to Rs.3,064 per gram on 5 December. It plunged further to Rs.3,051 per gram on 6 December.
    • The indigent trend overseas together with lowered domestic demand led the precious metal to trade at Rs.3,042 per gram on 7 December.
    • An incline in the dollar rate led gold price in Assam to decrease further to Rs.3,012 per gram on 8 December.
    • On 9 December, the US tax reform plan was revised and led the dollar rate to strengthen amidst the progressive investor sentiments. This directed the gold prices to decline to Rs.3,008 per gram.
    • The week ended with the expensive metal rated at Rs.3,008 per gram on 10 December with stable demand from jewellers and industries amidst a weak trend in overseas.

    December 2017 – Week 2 (11th to 17th)

    • The second week commenced with gold being traded at Rs.3,008 per gram on 11 December.
    • Rates declined to Rs.3,001 per gram on 12 December after investors abstained from making investments against a steadier equity market and progressing US dollar.
    • On 13 December, the rates remained unaltered at Rs.3,001 per gram irrespective of the U.S. Federal monetary policy.
    • With new rates imposed by the Federal Reserve and a decline in the U.S. dollar rate, gold price in Assam dropped to Rs.3,002 per gram on 15 December.
    • The week ended with bullion being stable at Rs.3,002 per gram owing it to the demand from industries, retailers, and local jewellers.

    December 2017 – Week 3 (18th to 24th)

    • As the political conditions in the U.S led to uncertainty in global market, demand for the yellow metal rose and rates also steadily increased.
    • The week commenced with the precious metal being traded at Rs.3,002 per gram on 18 December amidst weak trends in overseas.
    • On 19 December, the gold rates surged to Rs.3,023 per gram due to a rise in local demand.
    • Gold price in Assam plummeted to Rs.3,016 per gram on 20 December but regained to Rs.3,021 per gram on 21 December even after the dollar losing against a few other apex currencies.
    • Rates remained unaltered at Rs.3,021 per gram on 21 December but inclined to Rs.3,037 per gram on 23 December with a decline in the Asian equity market after the revised U.S. tax bills.
    • The week concluded with a good domestic demand in overseas, which led to gold being traded at Rs.3,037 per gram on 24 December.

    December 2017 – Week 4 (25th to 31st)

    • The last week opened with bullion being priced at Rs.3,037 per gram on 25 December with a positive demand for the yellow metal.
    • On 26 December, the US dollar weakened and led to a rise in the gold demand worldwide. This led to the metal to be priced at Rs.3,042 per gram.
    • On 27 December, the price rose a little further to Rs.3,055 per gram with the US dollar continuing to downtrend for the entire week.
    • The value of bullion increased in the global market, which made gold rate in Assam surge to Rs.3,079 per gram on 28 December and remained unchanged on 29 December.
    • Prices on 30 December inclined to Rs.3,098 per gram with a steady global demand and stable trend overseas. Also, this was the highest recorded price for the month.
    • The week concluded with the gold rate steady at Rs.3,098 per gram on 31 December with a huge demand from the local jewellers, retailers, and other industries.
    • Assam recorded a 0.78% profit in gold trade with an increased demand in overseas.

    Trend of Gold Rate in Assam for November 2017 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold rate on 1st November 2017 Rs.3,071 per gram
    Gold rate on 30th November 2017 Rs.3,085 per gram
    Highest Rate in November Rs.3,123 per gram on 20, 25th and 26th November
    Lowest Rate in November Rs.3,035 per gram 18 November
    Overall Monthly Performance Incline
    Percentage Change 0.45%

    November 2017 - Week 1 (1st to 5th)

    • When trading commenced in the state of Assam, the precious metal was recorded trading at Rs.3,071 per gram on the 1st of November.
    • Gold rate in Assam surged to Rs.3,080 per gram on the 2nd with increased domestic buying by jewellers and industries pushing demand higher for the metal.
    • Demand remained steady for much of the week owing to the strong trends overseas and gold price in Assam were holding steady at Rs.3,080 per gram for the rest of the week.

    November 2017 - Week 2 (6th to 12th)

    • The second week began with the bullion metal trading at Rs.3,066 per gram on the 6th with a relative drop in demand from the previous week.
    • However, with the dollar losing its ground against other apex currencies over the next couple of days, gold price in Assam rebounded to Rs.3,088 per gram on the 7th which further surged to Rs.3,094 per gram on the 8th owing to a strong domestic demand amid the positive overseas trends.
    • Gold rate in Assam were recorded at Rs.3,101 per gram on the 9th before rising further to Rs.3,106 per gram on the 10th after world market took a hit with investors refraining from making purchases amid the possibilities of an interest rate hike by the US Federal Reserve in December.
    • On the 11th, the yellow metal prices dropped to Rs.3,096 per gram with demand for the metal stabilising in the domestic trade.
    • The week concluded with gold prices remaining unchanged at Rs.3,096 per gram on the 12th owing to a steady global as well as domestic demand.

    November 2017 - Week 3 (13th to 19th)

    • The bullion trade in Assam opened the third week with the yellow metal priced slightly higher at Rs.3,099 per gram on the 13th.
    • Gold prices remained high for much of the week with the US dollar weakening and equities losing its ground amid the political uncertainty in the Middle East.
    • The precious metal was recorded trading at Rs.3,106 per gram on the 14th which surged further to Rs.3,110 per gram the following day amid the strong global cues coupled with an improved global demand for the metal.
    • But with the US economy recovering from the initial downfall, gold price in Assam dropped to Rs.3,101 per gram on the 16th before plunging further to Rs.3,094 per gram on the 17th.
    • A strong dollar index coupled with firmer equity markets led to gold being priced at Rs.3,035 per gram on the 18th.
    • The 19th, however, witnessed gold rates surging to Rs.3,110 per gram on the 19th due to a rise in safe-haven investments amid the rising conflicts between Saudi Arabia and Iran.

    November 2017 - Week 4 (20th to 26th)

    • Gold was priced at Rs.3,123 per gram on the 20th, when the week began amid the poorly performing US economy. This was also the highest recorded monthly figure in Assam.
    • With the dollar regaining lost ground and equities recovering from the initial shock, gold price in Assam declined to Rs.3,097 per gram and Rs.3,090 per gram on the 21st and the 22nd respectively.
    • However, the 23rd witnessed gold rate in Assam surging to Rs.3,108 per gram before rising further to Rs.3,111 per gram on the 24th due to an increase in demand by local jewellers and industries amid the strong global trends.
    • The 25th saw prices rising to Rs.3,123 per gram with surplus orders for the metal from the Asian continent amid positive overseas trends.
    • The week came to an end with the precious metal holding steady at Rs.3,123 per gram on the 26th, thanks to strong domestic as well as international demand coupled with the positive cues globally.

    November 2017 - Week 5 (27th to 30th)

    • The bullion metal was priced at Rs.3,108 per gram on the 27th after rates declined significantly from the previous week with positive investor sentiments on Trump’s tax reform plan pushing the dollar higher.
    • Prices declined further during the week with investors mulled over the Federal Reserve’s monetary policy meeting in the coming weeks.
    • This led to the precious metal trading at Rs.3,101 per gram on the 28th and the 29th amid the poor trend overseas.
    • The month concluded with the yellow metal priced at Rs.3,085 per gram on the 30th owing to a decline in local buying amid the strengthened dollar.
    • Assam witnessed gold rates incline at 0.45% during the course of the month owing to a strong global demand despite the poor trends overseas.
    Parameters Gold price (24 karat)
    Gold Rate on 1st October 2017 Rs.3,109 per gram
    Gold Rate on 31st October 2017 Rs.3,091 per gram
    Highest Rate in September 2017 Rs.3,138 per gram from 12 to 17 October
    Lowest Rate in September 2017 Rs.3,079 per gram on 27 to 29 October
    Overall Monthly Performance Decline
    Percentage Change -0.57%

    October 2017 - Week 1 (1st to 8th)

    • The month began with the precious metal trading at Rs.3,109 per gram on the 1st of October.
    • A marginal decrease in local demand amid a poor overseas trend led to gold rate in Assam dropping to Rs.3,105 per gram on the 2nd.
    • In addition, the dollar regained its lost ground amid firm equities. This led to gold price in Assam plunging to Rs.3,089 per gram on the 3rd.
    • Though prices rebounded to Rs.3,091 per gram the next few day, the 5th saw gold rates plunging to Rs.3,086 per gram as demand in the domestic market declined after the introduction of sovereign bond schemes during the week.
    • The 7th and 8th witnessed the yellow metal prices remaining unchanged at Rs.3,113 per gram owing strong and steady demand from local jewellers, industries and retailers.

    October 2017 - Week 2 (9th to 15th)

    • Gold opened relatively higher at Rs.3,125 per gram on the 9th due to an increase in domestic demand.
    • Demand for the precious metal surged after the mandated KYC (know your customer) norms boosted buyer sentiments in the local trade. This led to gold price in Assam surging to Rs.3,130 per gram on the 11th.
    • Local demand picked up with the imminent arrival of the festive season pushing local sales higher in the domestic trade. This led to gold rate in Assam rising to Rs.3,138 per gram on the 12th.
    • Steady demand from industries and jewellers amid a positive trend overseas led to the precious metal trading firm at Rs.3,138 per gram for the rest of the week.

    October 2017 - Week 3 (16th to 22nd)

    • Despite the arrival of Diwali, demand for the precious metal declined in Assam owing to the poor global cues during the week.
    • The week commenced with the yellow metal trading steady at Rs.3,138 per gram on the 16th. Prices remained unchanged on the 17th against a poor dollar index.
    • The dollar, however, picked up amid firm equity shares and market and gold price in Assam dropped to Rs.3,109 per gram on the 18th.
    • Thanks to the imminent arrival of Diwali, prices recovered considerably amid a steady and improved demand for the precious metal. Gold was recorded trading at Rs.3,118 per gram on the 20th.
    • Poor local demand coupled with uneven global cues led to the yellow metal trading low at Rs.3,112 per gram on the 21st and the 22nd.

    October 2017 - Week 4 & Week 5 (23rd to 31st)

    • When the last week commenced, the precious metal was priced relatively lower at Rs.3,101 per gram on the 23rd.
    • Though gold rate in Assampicked up to Rs.3,106 per gram the next day due to an incline in domestic buying, prices plunged to Rs.3,101 per gram and Rs.3,098 per gram on the 25th and the 26th respectively. This was due to the strengthening of dollar amid the possibility of an interest rate hike by the Federal Reserve.
    • The 27th recorded the lowest monthly figure of Rs.3,079 per gram due a significant decline in domestic demand amid poor global trends.
    • Gold price in Assam remained untouched at Rs.3,079 per gram over the next couple of days days with international markets cautious ahead of the policy meetings held by three major central banks.
    • The month concluded with the yellow metal priced at Rs.3,026 per gram as domestic demand surged significantly amid the positive overseas trend.
    • The state of Assam registered a loss of 0.57% in gold rates due to poor domestic cues and a strong dollar index during the month.
    Parameters Gold price (24 karat)
    Gold rate on 1st September Rs.3,041 per gram
    Gold rate on 30th September Rs.3,109 per gram
    Highest Rate in September Rs.3,185 per gram on 8, 9, 10 and 11 September
    Lowest Rate in September Rs.3,041 per gram on 1 and 2 September
    Overall Monthly Performance Incline
    Percentage Change 2.18%

    September 2017 - Week 1 (1st-10th)

    • Gold opened on the low trading at Rs.3,041 per gram on the 1st due to subdued demand from investors and retailers.
    • Prices remain unchanged the next day with steady global bullion demand.
    • The gold prices in Assam rose to Rs.3,049 per gram on the 3rd owing to a marginal increase in local demand.
    • Gold rates rose further on the 4th after North Korea announced its progress on nuclear weapon tests, and the metal was priced at Rs.3,065 per gram.
    • The precious metal continued trading at Rs.3,065 per gram for the next couple of days, thanks to steady demand in the local trade.
    • The 7th witnessed gold prices in Assam dropping to Rs.3,052 per gram with global bullion demand on a decline.
    • However, the news about North Korea’s successful nuclear tests broke out. This led to a rise in safe-haven investments which resulted in gold being priced at Rs.3,185 per gram on the 8th. This was the highest recorded monthly figure in Assam.
    • Steady demand for the metal in the global, as well as domestic markets, proved to be favourable and the precious metal continued trading at Rs.3,185 per gram on the 9th and the 10th.

    September 2017 - Week 2 (11th-17th)

    • Gold traded at Rs.3,185 per gram on the 11th, when the second week began in Assam.
    • Gold prices in Assam dropped to Rs.3,133 per gram on the 12th as demand for the metal fell against the rising dollar.
    • Gold rate in Assam went up the next day to Rs.3,141 per gram owing to positive domestic trade.
    • Gold rates rose slightly over the next couple of days with the gold trading at Rs.3,142 per gram and Rs.3,145 per gram on the 14th and the 15th respectively.
    • The yellow metal trade remained steady and prices stood at Rs.3,145 per gram for the rest of the week.

    September 2017 - Week 3 (18th-24th)

    • The third week started off with gold trading low at Rs.3,133 per gram on the 18th.
    • Reduced domestic bullion demand pushed prices further down to Rs.3,117 per gram the next day.
    • However, the demand rose with positive global cues and gold prices in Assam surged to Rs.3,127 per gram on the 20th.
    • The next couple of days witnessed prices remaining untouched at Rs.3,127 per gram due to steady demand for the metal.
    • The 23rd witnessed prices falling to Rs.3,111 per gram and stayed the same for the rest of the week with reduced but steady demand.

    September 2017 - Week 4 (25th-30th)

    • The last week opened with gold trading at Rs.3,101 per gram on the 25th.
    • Gold price in Assam rose to Rs.3,105 per gram on the 26th with festive demand kicking in.
    • Steady demand for the metal in the city result in prices remaining unchanged the next day.
    • Gold rates in Assam rose further to Rs.3,109 per gram on the 28th as demand rose in the city, despite a weak global trend.
    • Thanks to steady demand in the domestic markets, the rest of the week saw gold trading at Rs.3,109 per gram.
    Parameters Gold price (24 karat)
    Gold Rate on 1st August Rs.3,005 per gram
    Gold Rate on 31st August Rs.3,041 per gram
    Highest Rate in August Rs.3,072 per gram on 17 August
    Lowest Rate in August Rs.2,971 per gram on 7 August
    Overall Monthly Performance Incline
    Percentage Change 1.19%
    Parameters Gold price (24 karat)
    July 1st Rate Rs.3,011 per gram
    July 31st Rate Rs.3,001 per gram
    Highest Rate in July Rs.3,044 per gram on 3 July
    Lowest Rate in July Rs.2,909 per gram on 10 July
    Overall Monthly Performance Decline
    Percentage Change -0.33%

    July ‘17- Week 1 (1st to 9th)

    • The price of gold fluctuated in the first week of July due to conflicting cues from industry.
    • Gold traded at Rs.3,011 per gram on 1 July and rose to Rs.3,044 per gram on 3 July due to a momentary dip in the U.S. dollar rate.
    • Ongoing geopolitical issues in the United States led to markets being volatile, but demand dropped to Rs.3,022 per gram on 4 & 5 July.
    • Prices continued to drop as the G20 summit led to a rise in investor confidence in the markets, resulting in gold price in Asaam falling to Rs.2,992 per gram on 8 & 9 July.

    July ‘17- Week 2 (10th to 16th)

    • Prices opened at Rs.2,909 per gram on 10 July, the lowest rate for the month as demand remained low.
    • Industrial demand was sluggish as the U.S. dollar rate was steady, making imports more expensive.
    • Local demand was also on the decline as prevalent trends pointed to lower demand for bullion, as gold traded at Rs.2,915 per gram on 13 July.
    • Demand dipped to Rs.2,903 per gram on 14 July before rising to end the week at Rs.2,920 per gram on 16 July.

    July ‘17- Week 3 (17 to 23)

    • A recovery in the price of gold precipitated by the gradual decline in the dollar rate was observed in the third week of July, with gold trading at Rs.2,920 per gram on 17 July.
    • Prices rose to Rs.2,939 per gram on 19 July as local demand, especially from jewellers boosted demand as consumers accustomed themselves to the new rates after GST.
    • Demand for gold surged as tensions with North Korea resumed, as investors rushed to invest in safe-haven assets like bullion.
    • Gold rose to Rs.2,955 per gram on 21 July before jumping to Rs.3,002 per gram on 22 & 23 July.

    July ‘17- Week 4 (24 to 31)

    • Prices fluctuated in the last week of July as market forces propelled gold towards increased demand.
    • Gold traded at Rs.2,993 per gram to 24 July and fell to Rs.2,972 per gram on 26 July due to a drop in overseas demand.
    • The Federal Reserve monetary policy announcement due later in the week led to some positive trading on the markets, as gold prices declined marginally.
    • As local demand picked up, gold prices rose to Rs.2,992 per gram on 27 July before rising to Rs.3,007 per gram on 29 July due to higher trading volumes from Asian markets.
    • Prices dipped slightly as the month ended with gold priced at Rs.3,001 per gram on 31 July, recording a 0.33% drop in price over the month.
    Parameters Gold price (24 karat)
    June 1 Rate Rs.3,030 per gram
    June 30 Rate Rs.3,011 per gram
    Highest Rate in June Rs.2,080 per gram on 7 June
    Lowest Rate in June Rs.2,994 per gram on 19 & 20 June
    Overall Monthly Performance Decline
    Percentage Change -0.62%

    June ‘17- Week 1 (1st to 4th)

    • Demand for gold was high in the first week of June in Assam as regional demand as well as overseas industrial demand was on the increase.
    • Gold was priced at Rs.3,030 per gram on 1 June before prices dropped to Rs.3,011 per gram on 2 June due to a minor dip in overseas demand.
    • The volatile U.S. markets and a sliding U.S. dollar rate led to an increase in gold demand from investors, with prices rising to Rs.3,048 per gram on 3 June.
    • There was no change in the price of gold in Assam as the week ended, with the metal trading at Rs.3,048 per gram on 4 June.

    June ‘17- Week 2 (5th to 11th)

    • Demand rose as markets were volatile following renewed allegations against incumbent President Trump in the election scandal, with gold opening the week at Rs.3,48 per gram on 5 June.
    • Gold prices rose to Rs.3,063 per gram on 6 June as local demand rose due to favourable market conditions.
    • WIth GST to be implemented at the end of the month, retail demand for the metal was high, which helped push prices to Rs.3,080 per gram on 7 June.
    • As U.S. jobs data was released, markets rallied on investor confidence leading to a drop in gold prices as the yellow metal traded at Rs.3,066 per gram on 8 June.
    • Gold price in Assam continued to dip as the week drew to a close, with gold priced at Rs.3,028 per gram from 9-11 June.

    June ‘17- Week 3 (12th to 18th)

    • Prices were on the decline in the third week of June as investor sentiment was high and markets were buoyed by positive trading cues, resulting in gold falling to Rs.3,024 per gram on 12 June.
    • Demand rose marginally to trade at Rs.3,026 per gram on 14 June before prices plunged to Rs.3,012 per gram on 15 June.
    • Overseas demand was also muted as the high U.S. dollar rate made imports more expensive, leading to lower demand for the precious metal.
    • The week ended with gold priced at Rs.3,012 per gram on 18 June due to poor demand.

    June ‘17- Week 4 (19th to 25th)

    • Gold was priced at Rs.2,994 per gram on 19 June as the slide in demand continued into the fourth week.
    • Fears of a repeal of Obamacare in the U.S. led to markets faltering and gold capitalised on the slump, rising to Rs.2,999 per gram on 21 June.
    • Local demand was steady and kept prices from falling further, as international demand continued to be muted.
    • There was no change in the price of gold in Assam as the week drew to a close, with gold continuing to trade at Rs.2,999 per gram on 25 June.

    June ‘17- Week 5 (26th to 30th)

    • Prices were stable in the last week of June as local retail demand was strong and kept prices stable in light of declining industrial demand.
    • Gold traded at Rs.2,999 per gram on 26 June, remaining unchanged from the previous week due to relatively stable demand.
    • European demand increased as the dollar fell heavily against other global currencies, with gold prices rising to Rs.3,011 per gram on 27 June.
    • Gold price in Assam were steady for the remainder of the week, trading at Rs.3,011 per gram till the end of the month.
    • In spite of the late rally, gold lost 0.62% of its value over the course of the month.
    May 1st Rate Rs.3,021 per gram
    May 31th Rate Rs.3,015 per gram
    Highest Rate in May Rs.3,034 on the 30th of May
    Lowest Rate in May Rs.2,937 per gram on the 11th of May
    Overall Performance Decline
    Percentage Change -0.19%

    May ’17- Week 1 (1st to 7th)

    • As Assam is not known for their gold intake, the place witnessed a decline in gold prices throughout the month of May.
    • Gold traded at Rs.3,021 per gram at the start of the week but prices soon drifted to Rs.3,002 per gram on 3rd May due to weak trend overseas and easing demand from local jewellers.
    • Despite not seeing too much of a drop over the first couple days, gold prices were heading for a significant low as US dollar strengthened.
    • After seeing little to no change on the 3rd and the 4th, gold prices slumped on the 5th to hit Rs.2,953 per gram.
    • The fall as seen on the 5th was the single largest per-day gold price fall since the November of 2016, which was brought about due to low demand in various European markets.
    • On 6th, gold prices went down and traded at Rs.2,947 and remained unchanged when the week came to an end on the 7th.

    May ’17- Week 2 (8th to 14th)

    • The price of gold dipped in the second week of May, as investor demand dropped due to stabilising markets.
    • When the second week of May began, gold prices remained largely firm around Rs.3,000 range as Emmanuel Macron emerged victorious in the French presidential elections.
    • If Macron had been defeated, possibility of France exiting the EU would have surfaced, which would have led to a stock market meltdown.
    • Gold traded at Rs.2,943 per gram on the 8th of May.
    • Gold was priced at Rs.2,943 per gram on 10th May as the U.S. market stabilised in spite of political upheaval in the region.
    • The U.S. Dollar rose in early trading during the week on the back of positive economic projections, which led to a decrease in interest in the yellow metal.
    • Prices remained constant for the whole week, with gold trading at Rs.2,939 per gram as the week ended on 16th May on subdued demand from international as well as local markets.

    May ’17- Week 3 (15th to 21st)

    • Gold started at Rs.2,941 per gram on the 15th of May.
    • The third week saw the price of gold continue to remain steady, trading at Rs.2,957 per gram on 17th May in the face of muted but steady demand.
    • When the third week of May began - on the 15th - gold was still priced at Rs.2,941 per gram.
    • But, prices rose over the subsequent days as retail sales dipped in the US, which led to a drop in the US dollar.
    • On the 16th, gold was trading at Rs.2,939 per gram.
    • A drop in industrial demand from China due to rumours of a slowing down of the world’s biggest economy led to sluggish global demand.
    • Domestic demand also fell as the wedding season ended, reducing demand from jewellers, which in turn led to the price of gold plateauing.
    • The week ended with gold trading at Rs.3,006 per gram on 21st May as the price did not fluctuate.

    May ’17- Week 4 (22nd to 28th)

    • The fourth week of May witnessed some price fluctuations as there was no stable demand for the precious metal.
    • When trading began on the 22nd, gold was priced at Rs.2,999 per gram.
    • On the 23rd of May, gold prices increased and traded at Rs.3,029 per gram.
    • The last week of May saw the price of gold fluctuate marginally, though the week began with gold trading at Rs.3,009 per gram on 24th May.
    • The French election run off had caused some turbulence across global markets, which led to an increase in demand for gold, pushing prices to Rs.3,012 per gram on 26th May.
    • Gold closed at Rs.3,012 per gram on the 28th of May.

    May ’17- Week 5 (29th to 31st)

    • Buoyed by a fall in the US dollar rate, gold prices started the 29th at Rs.3,026 per gram.
    • The next day, i.e., the 30th gold rate increased slightly and traded at Rs.3,034 per gram.
    • However, the last day of May prices fell again and traded at Rs.3,015 per gram.
    April 1st Rate Rs.3,011 per gram
    April 30th Rate Rs.3,021 per gram
    Highest Rate in April Rs.3,096 per gram on 22nd & 23rd April
    Lowest Rate in April Rs.3,005 per gram on 10th April
    Overall Performance Incline
    Percentage Change 0.33%

    April ’17- Week 1 (1st to 9th)

    • The price of gold in Assam reflected trends seen across other Indian cities, with a gradual increase in the first week of April.
    • Gold was priced at Rs.3,011 per gram on 1st April as demand was constant, though industrial demand looked set to increase due to favourable market conditions.
    • Prices rose to Rs.3,034 per gram on 4th April as markets slumped following lower than expected growth projections, which gave a boost to demand for the yellow metal.
    • Prices were more or less stable as the week ended, with gold prices falling marginally to trade at Rs.3,024 per gram on 9th April.

    April ’17- Week 2 (10th to 16th)

    • Prices fluctuated wildly in the second week of April as contradictory cues led to demand for gold rising and falling.
    • Gold traded at Rs.3,005 per gram on 10th April, dropping sharply from last week due to a sudden surge in the markets on news of strong economic growth.
    • Demand for gold was low but soon picked up mid-week, as the metal traded at Rs.3,058 per gram on 12th April as industrial demand increased.
    • The price continued to rise, trading at Rs.3,065 per gram on 13th April as exports increased due to a drop in the U.S. Dollar value.
    • The week ended with gold trading at Rs.3,065 per gram on strong industrial demand and conducive market forces.

    April ’17 – Week 3 (17th to 23rd)

    • Prices were high as the third week began as local demand increased due a dip in the markets.
    • Gold was priced at Rs.3,096 per gram on 17th April, with the price remaining constant due to consistent demand from the local as well as international markets.
    • The U.S Dollar continued to trade poorly against other global currencies due to a decline in investor confidence in the United States, which bolstered demand for gold exports.
    • Prices stayed the same as the week ended, with gold trading at Rs.3,096 per gram on 23rd April due to strong demand from Asian countries as well as a weak U.S. Dollar.

    April ’17 – Week 4 (24th to 30th)

    • The last week of April saw the U.S. Dollar recover, which led to a reduction in demand for gold.
    • Gold was priced at Rs.3,060 per gram on 24th April, the steep drop in price attributed to a surge by the U.S. Dollar following weeks of poor performance.
    • Prices continued to dip as the week progressed, with European markets also recovering as the possibility of a Euro-centric candidate winning the initial round gained precedence.
    • Gold traded at Rs.3,010 per gram on 26th April amidst a slowing down of export demand before recovering to end the month at Rs.3,021 per gram on 30th April.
    March 1st Rate Rs.3,030 per gram
    March 31st Rate Rs.2,987 per gram
    Highest Rate in March Rs.3,018 per gram on 8th March
    Lowest Rate in March Rs.2,945 per gram on 15th March
    Overall Performance Decline
    Percentage Change 1.41%

    March ‘17 - Week 1 (1st to 5th)

    • Gold price opened at Rs.3,030 per gram on the 1st of March in Assam due to high demand for this precious metal.
    • The rate of gold reflected trends seen overseas and reduced by Re.1 the next day to trade at Rs.3,029 per gram.
    • Due to continued low demand, the price of this precious metal continued to reduce over the week.
    • On the last three days of the first week of march in Assam, the rate of gold was steady at Rs.3,015 per gram due to stable but low demand.

    March ‘17 - Week 2 (6th to 12th)

    • Rate of gold was steady at Rs.3,015 per gram on the 6th and 7th of March before rising to Rs.3,018 per gram on the 8th of March.
    • However, this price could not be sustained on account of a reduction in demand and hence the rate of gold fell to Rs.2,997 per gram on the 9th of March. Rate of gold fell further the next day to trade at Rs.2,980 per gram.
    • As the rate of the U.S.Dollar fell marginally, the price of gold increased slightly to trade at Rs.2,994 per gram on the 11th.
    • There were no other variations noted in gold rate for the rest of the week as gold rate continued to trade steadily at Rs.2,994 per gram until the end of the week.

    March ’17- Week 3 (13th to 19th)

    • Rate of gold was Rs.2,994 per gram which was a continuation of the price seen during the end of the second week of March.
    • Due to reduced demand for this precious metal from domestic markets, the rate of gold fell to Rs.2,977 per gram on the 14th of March.
    • On the 15th of March demand for gold fell to a monthly low resulting in the reduction of gold rate. This precious metal traded at Rs.2,945 per gram on the 15th before increasing marginally the next day.
    • On the last two days of the third week of march, rate of gold was steady at Rs.2,985 per gram on account of steady but low demand from jewellers.

    March ’17- Weeks 4 (20th to 26th)

    • On the 20th of March, rate of gold was Rs.2,978 per gram which was a slight recovery from that of the previous week’s rates.
    • Due to increased demand, the rate of gold increased marginally the next day to trade at Rs.2,980 per gram and stayed steady at this rate until the 22nd of March.
    • A recovery in demand for this precious metal and positive cues from markets abroad resulted in the rate of gold shooting up to Rs.3,019 per gram.
    • There were minor variations noted in the rate of gold during the fourth week of March.
    • Rate of gold was constant at Rs.3,012 per gram from the 24th of March to 26th of March.

    March ’17- Weeks 5 (27th to 31st)

    • There was a marginal recovery noted in the rate of gold on the 27th of March wherein this precious metal traded at Rs.3,030 per gram before falling to Rs.3,024 per gram on the 28th of March.
    • Rate of gold fluctuated between Rs.3,006 per gram to Rs.3,008 per gram between the 29th and 30th of March.
    • Demand for gold could not be sustained resulting in gold trading at Rs.2,987 per gram which was a decline of 1.41% as compared to the rate noted at the beginning of the month.
    February 1st Rate Rs.2,989 per gram
    February 28th Rate Rs.3,008 per gram
    Highest Rate in February Rs.3,010 per gram from 20th February to 22nd February
    Lowest Rate in February Rs.2,977 on 2nd February
    Overall Performance Incline
    Percentage Change +0.63%

    February ‘17 - Week 1 (1st to 5th)

    • Gold opened at Rs.2,989 per gram on the 1st of February in Assam due to slightly low demand for this precious metal.
    • Rate fell the next day as demand plunged even lower to trade at Rs.2,977 per gram. However, prices slightly recovered the next day.
    • Local demand was low, which kept prices stable in spite of increasing demand overseas.
    • Rate of gold was stable at Rs.2,980 per gram on the 4th and 5th of February due to sustained demand.
    • Industrial demand fluctuated, which led to prices rising as the week ended.

    February ‘17 - Week 2 (6th to 12th)

    • The second week saw the price of gold in Assam rise marginally, though demand was still muted due to poor local demand.
    • Gold was priced at Rs.2,980 per gram on 6th February and remaining steady at this rate until the end of the week.
    • This could be attributed to stable demand for this metal in both domestic as well as international markets.
    • The ongoing wedding season could also be a reason for the stable demand which was reflected in the stability noted in gold rates.

    February ’17- Week 3 (13th to 19th)

    • Prices in the third week of February increased due to positive cues from international markets.
    • Gold traded at Rs.2,991 per gram on 13th February and stayed steady at this rate until the very end of the week.
    • This could be attributed to stable demand for this metal in both domestic as well as international markets.
    • The ongoing wedding season could also be a reason for the stable demand which was reflected in the stability noted in gold rates.

    February ’17- Weeks 4 & 5 (20th to 28th)

    • Prices in the last two weeks of February saw prices rise due to increased demand, with gold trading at Rs.3,010 per gram on 20th February.
    • Due to steady demand, the price of gold in Assam was stable at Rs.3,010 per gram until the 22nd of February. This was also the highest at which gold traded at for the month of February.
    • However, demand for this precious metal could not be sustained due to reduction in demand for this precious metal from jewellers and from the industry, there was a minor drop in the price of gold.
    • Price of gold from the 23rd of February to 28th of February was Rs.3,008 per gram. A rise of 0.63% was noted in the price of gold as the month came to an end.
    January 1st Rate Rs.2,843 per gram
    January 31st Rate Rs.2,989 per gram
    Highest Rate in January Rs.3,010 per gram on 23rd January
    Lowest Rate in January Rs.2,838 per gram on 2nd January
    Overall Performance Incline
    Percentage Change +5.13%

    January ‘17 - Week 1 (1st to 7th)

    • Gold prices in Assam were on the increase due to higher demand from the industrial sector as well as favourable market conditions.
    • Gold was priced at Rs.2,843 per gram on 1st January, with the price dipping marginally to Rs.2,838 per gram on 2nd January due to a slight dip in demand.
    • Prices rose and stabilised over the rest of the week, with gold trading at Rs.2,860 per gram on 4th January.
    • Prices continued to rise, trading at Rs.2,879 per gram on 5th January on steady demand from the industrial sector in Asia.
    • A spike in retail demand was also observed, which led to gold prices trading at Rs.2,899 per gram on 7th January, recording a weekly increase in price of Rs.56 per gram.

    January ‘17 - Week 2 (8th to 14th)

    • Gold prices in the second week of January rose on steady demand, as stock markets dipped due to less than favourable growth projections.
    • Gold was priced at Rs.2,899 per gram on 8th January, with the price fluctuating slightly due to changes in demand.
    • Gold traded at Rs.2,910 per gram on 10th January, as higher demand from Asia boosted prices ahead of Lunar New Year.
    • Uncertainty over the economic policy under the new U.S. President led to markets being unsteady, which led to higher demand for gold.
    • Gold traded at Rs.2,937 per gram on 13th January as a declining U.S. Dollar led to an increase in industrial demand for the metal.
    • Gold ended the week trading at Rs.2,961 per gram on 14th January.

    January 2017- Week 3 (15th to 21st)

    • Minor fluctuations in the price of gold were observed in the third week, with gold trading at Rs.2,961 per gram on 15th January.
    • Prices rose to Rs.2,984 per gram on 17th January on stable demand, rising to Rs.2,970 per gram on 19th January due to higher demand from the local market.
    • Prices kept rising, with gold trading at Rs.2,977 per gram on 21st January.

    January 2017- Weeks 4 & 5 (22nd to 31st)

    • The last two weeks of January saw the price of gold fluctuate due to dips in the stock markets.
    • Gold was priced at Rs.2,977 per gram on 22nd January, and rose to a monthly high of Rs.3,014 per gram on 24th January on a surge in demand for gold.
    • Prices stabilised for the rest of the month, as demand was subject to the U.S. Dollar.
    • Gold traded at Rs.2,975 per gram on 26th January as domestic demand began to drop slightly as demand from jewellers fell.
    • The U.S. market also recovered from its fall the previous week, trading at Rs.2,947 per gram on 27th January.
    • Prices rose as the markets dropped towards the end of the month, with gold trading at Rs.2,989 per gram on 31st January.

    Gold Investment avenues in Assam

    Gold is viewed as an ideal investment instrument in Assam and can be purchased in different forms to match investment requirements of individuals.

    Over-the-counter – Over-the-counter gold purchases still account for a major portion of gold purchased in Assam, with a number of jewellers and banks offering a multitude of gold products to individuals. Jewellery continues to be the preferred form of investment, followed by gold coins and bullion. Products are available for every budget, with purity and quality guaranteed by almost every big brand in the state.

    Market Trade – While it might still be in its infancy, market trade for gold holds a lot of potential and a small portion of the population has started dabbling in it. Gold Exchange Traded Funds (ETFs), E-gold and Futures Contracts are some of the options available to investors today. ETFs can be traded on the Mumbai Stock exchange and offer good return on investment. The National Spot Exchange permits for buying and selling of E-gold while futures contracts are an ideal investment for those looking to shield themselves from market fluctuations.

    Also Check: Gold Rate In Guwahati

    Read More On Gold

    Why Investing In Gold Is A Golden Opportunity

    What makes gold such an important as well as excellent investment tool? Find out why investing in gold is worth your time and money and discover what the precious yellow metal can do for your financial future.

    How To Buy Gold Coins/Bars (Bullion) Online

    Gold is ingrained in Indian culture and while buying gold at any time during the year is always a good investment, there are certain auspicious days during the year when buying gold is believed to bring about prosperity and good luck.

    Where To Buy Gold In India

    Gold rates are a hot topic of discussion among people the world over. However, gold rates dropped massively during the first eight months of 2015. Find out what caused this huge drop that gave investors sleepless nights for much of the year.

    Which One Should You Buy, Gold Coins Or Gold Bars

    Buying gold in India is almost like a tradition. Gold has become part of the very fabric of Indian culture and society. Find out what makes gold tick and what the factors are that determine its prices in India

    News About Gold Rate

    • Gold extends losses, amid declining US gold futures and strengthening US dollar.

      Three consecutive sessions of gold extending its losses, and the dollar gaining ground amid reports of the stock market rising based on positive economic data from the Far East (China).

      Gold managed to strike a three-week high notch at $1,262.60 amid stocks and a tumbling US dollar, and US Gold futures declining by 1%. Following suit, silver futures also tumbled by 1%.

      14 April 2016

    • Gold may drop below $1,200 an ounce in coming months

      Gold prices are expected to drop below $1,200 an ounce in the coming months, according to GFMS analysts at Thomson Reuters report on Thursday, lead by the U.S. interest rates expected to rise and physical demand remaining soft.

      GFMS said, "Following three consecutive years of annual price declines, gold has recorded a blistering start to 2016," in its Gold Survey 2015. "Such an impressive performance has been largely attributed to a reduction in risk appetite among investors and fresh interest in safe haven assets."

      1 April 2016

    • For more related news /update on gold price visit: Gold News

    Gold Rate - Sitemap

    Gold Rate In Metro Cities
    Gold Rate In Other Capitals
    Gold Rate In Other Major Cities
    Gold Rate In States
    Bank Gold Schemes

    Gold Rate In Assam Reviews

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      ICICI BANK
      0.5 4.0/5 "Great!"
      I have my personal loan with ICICI bank. The loan amount was 1.5 lakhs and the Interest rate was 11.75% which is average in the market. The tenure period was 4 years and the loan process was very good. My overall experience was really good with ICICI Bank.
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      , guwahati
      Reviewed on Feb 20, 2018
    • HDFC Bank Credit Card
      "Good card to use"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I have the HDFC BANK PLATINUM TIMES CREDIT CARD for the past 4 years. The customer support is good with the HDFC bank credit card department. I rarely use the HDFC BANK PLATINUM TIMES CREDIT CARD,but basically I use this card for shopping, bill payments, movie tickets and for online purchases.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 09, 2018
    • HDFC Bank Saving Account
      "Good service"
      HDFC BANK
      0.5 4.0/5 "Great!"
      The banking service is excellent with the HDFC bank. I have the salaried account with the HDFC bank for more than 7 years. The customer support service is good with the HDFC bank. The net banking service is good with the HDFC and they give good response to customers.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 09, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I have got very good support from the bank bazaar team , when I had a personal loan requirement. The customer support was prompt with the bank bazaar team. I used the bank bazaar website while applying for the loan which is easy to use and user friendly.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 09, 2018
    • HDFC Bank Personal Loan
      "Excellent service"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      The HDFC bank has disbursed the loan amount within 2 days of time. The customer support service was good with the HDFC bank, they send their executives to collect the documents on time. The rate of interest and the charges average with the HDFC bank.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 09, 2018
    • SBI Saving Account
      "Good customer service"
      STATE BANK OF INDIA
      0.5 5.0/5 "Blown Away!"
      I am having a salary account with SBI from last 2 months, the banking services provided by SBI is comparatively good than other nationalized banks. The process was very smooth at the time of opening the salary account. Customer service is good, they responded on time and there was no delay in the services.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 01, 2018
    • Bank Bazaar Personal Loan
      "Best service"
      FULLERTON
      0.5 5.0/5 "Blown Away!"
      Bankbazaar provides very good services on financial products when compared to all other sources in the market. I know bankbazaar.com from last 3 years and it was a good experience so far with bankbazaar. Customer service was good and their response was also good. The website of bankbazaar is easy to navigate and is user friendly.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 01, 2018
    • Fullerton Personal Loan
      "Good service"
      FULLERTON
      0.5 5.0/5 "Blown Away!"
      I have applied for the Personal loan from Fullerton, my loan application was closed because i was not eligible for the loan. I was asked to submit 3 months salary payslip which i was not having. When it comes to customer service, it was good and they followed up correctly. The rate of interest is 30% which is way high when compared to other sources.
      Was this review helpful? 0
      , guwahati
      Reviewed on Feb 01, 2018
    • Bank Bazaar Credit Card
      "Good platform"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      Bank bazaar is easy to compare with the multiple banks at one platform. It was my first time and I known this website through google search. I had a good followups on time. The customer services was satisfactory. The website options are simple and easy to use.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jan 31, 2018
    • HDFC Bank Credit Card
      "Very convenient card"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      It was a fantastic experience with HDFC Bank on my credit card. I use master card, its about 2 months. The credit limit was 1.5L which am satisfied. The card was processed on time. The customer service and response was very fine. I am using it for shopping, purchase garments and etc.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jan 31, 2018
    • review Other Loan
      "Best service"
      PAYTM PAYMENTS BANK LTD
      0.5 5.0/5 "Blown Away!"
      I use paytm for last one year.I use paytm service to book movie tickets and i get a cash back for the same,use it for recharges,online shopping as well.The website is easy to understand and navigate the options.If i do money transfer i get Rs 50 per transaction.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jan 24, 2018
    • review Saving Account
      "Good service"
      ALLAHABAD BANK
      0.5 4.0/5 "Great!"
      I have an active savings account with Allahabad bank for last few years.I maintain a minimum balance of 1000 to keep it active,No hidden charges so far.Bankers respond relevant to my queries on time and i use mobile App always than net banking.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jan 24, 2018
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