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Gold Price In Bhilai
Located in eastern central India in the state of Chhattisgarh, Bhilai is just 32 kilometres away from Raipur, the capital of the state. Known for the Bhilai Steel Plant, the city is also home to a good number of gold investors. A large number of residents treat gold as an auspicious possession and use it on a daily basis as well as during ceremonies and celebrations. Gold is also considered one of the best gifts that people can give their near and dear ones during festivals and weddings and other ceremonies.
Trend of Gold Rate in Bhilai for April 2020 to June 2020 (per gram of 24 karat gold)
|1st Day||Rs.4,158 per gram||Rs.4,699 per gram||Rs.4,799 per gram|
|Last Day||Rs.4,761 per gram||Rs.4,799 per gram||Rs.4,988 per gram|
|Highest Price||Rs.4,846 per gram on 29 April||Rs.4,883 per gram on 18 and 19 May||Rs.4,988 per gram on 30 June|
|Lowest Price||Rs.4,158 per gram from 1 April to 20 April||Rs.4,646 per gram on 2 May||Rs.4,685 per gram on 8 June|
Trend of Gold Rate in Bhilai 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 on 7,8 and 9 March|
|Highest Price||Rs.4,216 per gram on 9 January||Rs.4,410 per gram on 25 Fberuary||Rs.4,536 per gram on 7 March|
|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|
Gold Investment Avenues in Bhilai
Gold is looked upon as a great investment option as it is not only safe but also because it offers high liquidity. The precious metal has great appeal in the city of Bhilai as people tend to use it during weddings and festivals, thus driving up prices during these times. Gold is also used a great gifting option in the city as people offer the precious metal to their near and dear ones during festive occasions and other sacred ceremonies. Following are the best investment avenues for those who would like to trade gold in Bhilai:
Over-the-counter: Over-the-counter dealings are the best way to purchase gold in Bhilai. The rates and prices offered by jewellers may vary based on the location in the city, but the difference is relatively small and a certificate is awarded upon the purchase of the precious metal. The most common forms of gold purchased by residents of Bhilai are bars, coins and jewellery, and the city is home to a number of jewellers and traders from whom the yellow metal can be purchased.
Market Trade: Thanks to modern technology, gold can now be purchased by investors from the comfort of their homes or offices. E-gold, ETFs and futures contracts are the best options for investment through market trade. While E-gold can be bought and sold through the National Spot Exchange, ETFs can be traded on the Mumbai Stock Exchange.
- Also Check: Gold Rate in Chhattisgarh
Also Check Gold Price in NearBy Cities of Bhilai
|Gold Rate in Ranchi||Gold Rate in Bhopal||Gold Rate In Raipur|
|Gold Rate in Indore||Gold Rate in Nagpur||Gold Rate In Ratlam|
|Gold Rate In Jabalpur||Gold Rate In Jamshedpur|
Read more on Gold
- Significance Of Gold In Indian Culture
- How Will Restricting Gold Imports in India Affect Gold Rates?
- Hallmark Kdm 916 Varieties Of Gold
- 10 Things You Need To Know About Gold Monetisation Scheme