Gold Rate In Aurangabad Today

Named after Aurangzeb, the late Mughal emperor, Aurangabad is a historically popular Indian city in the state of Maharashtra. Known for its tourist attractions such as the world-renowned Ellora Caves and Ajanta Caves, both of which are recognized as UNESCO World Heritage Sites, Aurangabad is also called the City of Gates. The Tourism Capital of Maharashtra is also a great consumer of gold as individuals who reside in the town invest in gold heavily, especially during the wedding season and during festivals.

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  • Today's Gold Rate in Aurangabad (09 Dec 2022)

    ₹ 5,058
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,058 ₹ 5,033 ₹ 25 ↑
    Standard Gold (22 K) (8 grams) ₹ 40,464 ₹ 40,264 ₹ 200 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,311 ₹ 5,285 ₹ 26 ↑
    Pure Gold (24 K) (8 grams) ₹ 42,488 ₹ 42,280 ₹ 208 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    09 Dec 2022 ₹ 5,058 ₹ 40,464 ₹ 5,311 ₹ 42,488
    08 Dec 2022 ₹ 5,033 ₹ 40,264 ₹ 5,285 ₹ 42,280
    07 Dec 2022 ₹ 5,033 ₹ 40,264 ₹ 5,285 ₹ 42,280
    06 Dec 2022 ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    05 Dec 2022 ₹ 5,043 ₹ 40,344 ₹ 5,295 ₹ 42,360
    04 Dec 2022 ₹ 5,028 ₹ 40,224 ₹ 5,279 ₹ 42,232
    03 Dec 2022 ₹ 5,028 ₹ 40,224 ₹ 5,279 ₹ 42,232
    02 Dec 2022 ₹ 5,008 ₹ 40,064 ₹ 5,258 ₹ 42,064
    01 Dec 2022 ₹ 4,958 ₹ 39,664 ₹ 5,206 ₹ 41,648
    30 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480

    Weekly & Monthly Graph of Gold Rate in Aurangabad (1 gram)

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    • 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.

    Today's Gold Price In Aurangabad

    In fact, gold is among the best investment options among the people of Aurangabad. Since Aurangabad was once home to great emperors and rulers, gold has always been held in significantly high regard in the city. Even now, centuries after the kings and rulers of the past, the city is still among the prime consumers of gold in the country. Many people in Aurangabad look at gold as the best option for gifting to their near and dear ones during festivals and auspicious occasions. Moreover, since gold offers high liquidity and serves as a welcome alternative to other forms of investment, there is no surprise that Aurangabad relies heavily on the yellow metal.

    The rates of gold in Aurangabad may vary from dealer to dealer depending upon the purity of the precious metal. 24 karat gold is the most expensive form of the metal as it is 99.9% pure in comparison with 22 karat gold which is only 92% pure.

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    Gold Investment Avenues in Aurangabad

    Gold is considered as one of the safest and best investment options in India, and the fact that Aurangabad has a rich history of kings and rulers, the precious metal has greater appeal in these parts. As a matter of fact, gold is used in almost all ceremonies and celebrations, mostly in the form of jewellery, but also in the form of gifts. Following are the main investment avenues for gold in Aurangabad

    Over-the-counter - TThe best way to purchase gold in Aurangabad is through over-the-counter dealings. The city has a number of dealers, jewellers and banks that offer customers a variety of options based on the investors’ budgets. Bars, coins and jewellery are the most common forms of gold in the city, and the rates offered by jewellers may vary from location to location.

    Market Trade - Investors can now purchase gold from their homes or offices thanks to modern technology. E-gold, futures contracts and Exchange Traded Funds (ETFs) are the best options for gold trading. E-gold can be traded through the National Spot Exchange while ETFs can be bought and sold on the Mumbai Stock Exchange.

    Gold Price in NearBy Cities of Aurangabad

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    FAQs on Gold rate in Aurangabad

    1. What are the factors which determine gold prices in Aurangabad?

      The most important factors which determine gold prices in Aurangabad are demand and supply, inflation, festive seasons, import duty, monsoon, interest rates and jewellery market trends.

    2. How are gold prices decided in Aurangabad?

      The gold prices are primarily determined based on investor behaviour, demand and supply.

    3. Which karat gold is more expensive in Aurangabad?

      The 24 karat is gold is the expensive and is also the purest form of gold. However, it cannot be used in making jewellery as it extremely soft.

    4. What is the demand for gold in Aurangabad?

      Aurangabad residents currently have a strong desire for gold. Thus, Aurangabad is currently booming the Indian gold market. Gold is primarily used in jewellery and ornaments in Aurangabad. Apart from this, there are lot of reputed gold dealers in Aurangabad from where you can purchase certified gold jewellery.

    5. What is the difference between 24 karat gold and 22 karat gold in Aurangabad?

      The percentage of pure gold that is present determines the difference between 22 karat and 24 karat gold. In other words, 24 carat gold is made entirely of pure gold and is hence 100% pure gold. On the other hand, 22 karat gold is 91.67% pure gold. Impurities in the form of alloys of metals like silver and copper are combined with the 22-karat gold.

    Read More on Gold

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