Gold Rate In Bellary

  • Today's Gold Rate in Bellary( 05 Mar 2021 )

    ₹ 4,180
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,180 ₹ 4,245 ₹ -65 ↓
    Standard Gold (22 K) ( 8 grams ) ₹ 33,440 ₹ 33,960 ₹ -520 ↓
    Pure Gold (24 K) ( 1 gram ) ₹ 4,389 ₹ 4,457 ₹ -68 ↓
    Pure Gold (24 K) ( 8 grams ) ₹ 35,112 ₹ 35,656 ₹ -544 ↓

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    04 Mar 2021 ₹ 4,180 ₹ 33,440 ₹ 4,389 ₹ 35,112
    03 Mar 2021 ₹ 4,245 ₹ 33,960 ₹ 4,457 ₹ 35,656
    02 Mar 2021 ₹ 4,210 ₹ 33,680 ₹ 4,421 ₹ 35,368
    01 Mar 2021 ₹ 4,305 ₹ 34,440 ₹ 4,520 ₹ 36,160
    28 Feb 2021 ₹ 4,270 ₹ 34,160 ₹ 4,484 ₹ 35,872
    27 Feb 2021 ₹ 4,270 ₹ 34,160 ₹ 4,484 ₹ 35,872
    26 Feb 2021 ₹ 4,325 ₹ 34,600 ₹ 4,541 ₹ 36,328
    25 Feb 2021 ₹ 4,340 ₹ 34,720 ₹ 4,557 ₹ 36,456
    24 Feb 2021 ₹ 4,375 ₹ 35,000 ₹ 4,594 ₹ 36,752
    23 Feb 2021 ₹ 4,385 ₹ 35,080 ₹ 4,604 ₹ 36,832

    Gold Rate Trend

    • 7 Days
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    • 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 rates are set to recover in 2016, owing to a host of factors including improving fundamentals and increase in demand for the precious metal has a safe-haven asset among others, according to analysts. From inflation and oil prices to US economic data and quantitative easing, gold rates are affected by a wide range of economic and political developments. India’s current account deficit, inflation, economic outlook and investment inflow also influence the price of Gold across the country. Furthermore, Gold rates vary from city to city in India due to transportation costs, local taxes, procurement and so forth.

    Bellary is one of the major commercial hubs in the state of Karnataka. Bellary also known as the city of iron ore is rich is both metallic and non-metallic resources. The precious yellow metal is widely considered a traditional form of investment. In many ways, Gold is viewed as an ancient currency handed down from generation to generation. Also, Gold is used as a collateral to avail of loans to meet financial requirements.

    Trend of Gold Rate in Bellary for August 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    August 1 Rate Rs.5,501 per gram
    August 31 Rate Rs.5,295 per gram
    Highest Rate in August Rs.5,761 per gram on 8 August
    Lowest Rate in August Rs.5,066 per gram on 2 August
    Overall Performance Decline
    Percentage Change -3.75%

    Trend of Gold Rate in Bellary for July 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    July 1 Rate Rs.4,984 per gram
    July 31 Rate Rs.5,496 per gram
    Highest Rate in July Rs.5,496 per gram on 31 July
    Lowest Rate in July Rs.4,946 per gram on 7 July
    Overall Performance Incline
    Percentage Change 10.2%

    Trend of Gold Rate in Bellary for June 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    June 1 Rate Rs.4,817 per gram
    June 30 Rate Rs.4,991 per gram
    Highest Rate in June Rs.4,991 per gram on 30 June
    Lowest Rate in June Rs.4,724 per gram on 8 June
    Overall Performance Incline
    Percentage Change 3.61%

    Trend of Gold Rate in Bellary for May 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    May 1 Rate Rs.4,681 per gram
    May 30 Rate Rs.4,803 per gram
    Highest Rate in May Rs.4,900 per gram on 20 May
    Lowest Rate in May Rs.4,587 per gram on 6 May
    Overall Performance Incline
    Percentage Change 2.60%

    Trend of Gold Rate in Bellary for April 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    April 1 Rate Rs.4,053 per gram
    April 30 Rate Rs.4,731 per gram
    Highest Rate in April Rs.4,800 per gram on 27 April
    Lowest Rate in April Rs.4,053 per gram from 1 April to 5 April
    Overall Performance Incline
    Percentage Change 16.7%

    Trend of Gold Rate in Bellary for March 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    March 1 Rate Rs.4,090 per gram
    March 31 Rate Rs.4,053 per gram
    Highest Rate in March Rs.4,368 per gram on 7 March
    Lowest Rate in March Rs.3,953 per gram on 20 March
    Overall Performance Decline
    Percentage Change -0.90%

    Trend of Gold Rate in Bellary for February 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    February 1 Rate Rs.4,014 per gram
    February 29 Rate Rs.4,195 per gram
    Highest Rate in February Rs.4,232 per gram on 25 February
    Lowest Rate in February Rs.3,956 per gram on 7 February and 8 February
    Overall Performance Incline
    Percentage Change 4.50%

    Trend of Gold Rate in Bellary for January 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    January 1 Rate Rs.3,860 per gram
    January 31 Rate Rs.4,014 per gram
    Highest Rate in January Rs.4,053 per gram on 9 January
    Lowest Rate in January Rs.3,848 per gram on 2 January
    Overall Performance Incline
    Percentage Change 3.98%

    Gold as an investment in Bellary

    Gold is all forms - coins, bars and jewelry is sold in Bellary. Many in Bellary invest in Gold bars as protection against inflation. Festive occasions and weddings spur demand for Gold in Bellary. Gold is considered auspicious and various forms of temple jewelery is also popular.

    Physical Gold: Jewelry remains the most dominant aspect of buying Gold in Bellary. Major jewellery stores in Bellary sell both traditional and designer Gold jewelry to cater to all kinds of customers. Bullion bars are sought-after by customers who wish to buy Gold for investment purposes.

    Gold contracts: Consumers in Bellary also invest in gold contracts. The MCX (Multi Commodity Exchange) and NSEL (National Spot Exchange) sell spot and future gold contracts in India.

    Gold rates in Bellary

    Gold rates have been on the rise in the first two months of 2016 in Bellary. 1 gm of 24 karat gold which was pegged at Rs.2551 on December 27th, 2015, rose by 2.3% to Rs.2610 on January 1st, 2016. Gold rates rose further throughout the month of January with the price of 1 gm of 24 karat gold pegged at Rs.2679 on January 10th, Rs.2701 on January 19th and Rs.2717 on January 25th. The upward trend continued in the month of February as the price of 1 gm of 24 karat gold pegged at Rs.2759 on February 17th, rose by 6.9% to Rs.2866 on February 18th. The trend continued in the first week of March with 1 gm of 24 karat gold touching Rs.3032. Gold prices plummeted in latter half of 2015 barring mini-rallies in that 1 gm of 24 karat gold which was pegged at Rs.2723 in August, fell by -0.2% to Rs.2702 in September 2015. The downward trend continued in the following months with the price of 1 gm of 24 karat gold touching Rs.2560 in November 2015.

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