Gold Rate In Belgaum Today Last Updated : 03 Dec 2022

Gold rates have been on the rise in the first two months of 2016. Gold rates are influenced by a wide range of factors including inflation, money supply, oil prices, tight monetary policies (China and the US), currency value fluctuations, quantitative easing in addition to various national factors such as import duties, demand for gold, current account deficit, growth of economy and so forth.

  • Today's Gold Rate in Belgaum (03 Dec 2022)

    ₹ 5,040
    Today's Gold Rate (22K) per gram

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

    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,040 ₹ 4,990 ₹ 50 ↑
    Standard Gold (22 K) (8 grams) ₹ 40,320 ₹ 39,920 ₹ 400 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,292 ₹ 5,240 ₹ 52 ↑
    Pure Gold (24 K) (8 grams) ₹ 42,336 ₹ 41,920 ₹ 416 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    02 Dec 2022 ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    01 Dec 2022 ₹ 4,990 ₹ 39,920 ₹ 5,240 ₹ 41,920
    30 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    29 Nov 2022 ₹ 4,960 ₹ 39,680 ₹ 5,208 ₹ 41,664
    28 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    27 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    26 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    25 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    24 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    23 Nov 2022 ₹ 4,940 ₹ 39,520 ₹ 5,187 ₹ 41,496

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

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    *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 Belgaum

    Belgaum also known as Belagavi is one of the major cities commercial hubs in the state of Karnataka. The city of Belgaum is second only to the capital city Bangalore in Karnataka in terms of exports. The government of Karnataka has, therefore, proposed to make Belgaum the second capital. Gold rates in Belgaum is viewed as a display of social status and wealth apart from as a safe hedge against financial uncertainty and crisis, which in many ways, drives the demand for the precious yellow metal.

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    FAQs on Gold Rate in Belgaum

    1. How is gold rate in Belgaum determined?

      A number of factors determine the gold rate in Belgaum. These factors include the interest rates in developed nations as well as the demand for gold, as it has been proven that lower gold demand results in lower prices and higher demand results in higher prices. The government's policies on gold tariffs as well as the taxes levied by the local governments in Belgaum also have an impact on and determine the gold rate in that city.

    2. What is the demand for gold in Belgaum?

      Belgaum residents have a strong demand for gold. Belgaum is therefore currently boosting the Indian gold market. Gold is primarily used in jewellery and ornaments in Belgaum. Belgaum's reputable local gold market is supported by a number of big and small gold dealers.

    3. What are the different places where one can buy gold in Belgaum?

      In Belgaum, there are several reputable gold dealers who sell gold in the form of coins, bars, and jewellery. When looking for a dealer, investors should first compare the gold rates and quality offered by each one before choosing the most trustworthy one.

    4. What is the mandatory checklist for buying gold in Belgaum?

      Belgaum adores the yellow metal and takes pride in the fact that the majority of gold sales and purchases take place there. Belgaum residents, like their counterparts throughout the nation, prefer to purchase gold jewellery, particularly during important occasions. Prior to making a gold purchase, buyers must first be aware of the gold prices.

    5. What is the current gold price trend in Belgaum?

      Since the start of the year, Belgaum's gold market has performed exceptionally well. The Covid Pandemic and rising local demand for the yellow metal have both contributed to an inflationary tendency in gold prices over the past several months, which has been observed in the gold markets.

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