Gold Rate in Chandigarh

Chandigarh serves as the capital of two states, Punjab and Haryana. The gold rate in Chandigarh is determined by various factors such as the supply and demand for the metal, the global economic condition, etc. Mainly purchased for ornamental usage, the metal also has a market for investment purposes. Read on for more details on gold prices in Chandigarh.
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  • Today's Gold Rate in Chandigarh ( 20 Sep 2021 )

    ₹ 4,499
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,499 ₹ 4,499 ₹ 0 ↑
    Standard Gold (22 K) ( 8 grams ) ₹ 35,992 ₹ 35,992 ₹ 0 ↑
    Pure Gold (24 K) ( 1 gram ) ₹ 4,724 ₹ 4,724 ₹ 0 ↑
    Pure Gold (24 K) ( 8 grams ) ₹ 37,792 ₹ 37,792 ₹ 0 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    19 Sep 2021 ₹ 4,499 ₹ 35,992 ₹ 4,724 ₹ 37,792
    18 Sep 2021 ₹ 4,499 ₹ 35,992 ₹ 4,724 ₹ 37,792
    17 Sep 2021 ₹ 4,499 ₹ 35,992 ₹ 4,724 ₹ 37,792
    16 Sep 2021 ₹ 4,559 ₹ 36,472 ₹ 4,787 ₹ 38,296
    15 Sep 2021 ₹ 4,589 ₹ 36,712 ₹ 4,818 ₹ 38,544
    14 Sep 2021 ₹ 4,559 ₹ 36,472 ₹ 4,787 ₹ 38,296
    13 Sep 2021 ₹ 4,559 ₹ 36,472 ₹ 4,787 ₹ 38,296
    12 Sep 2021 ₹ 4,559 ₹ 36,472 ₹ 4,787 ₹ 38,296
    11 Sep 2021 ₹ 4,559 ₹ 36,472 ₹ 4,787 ₹ 38,296
    10 Sep 2021 ₹ 4,569 ₹ 36,552 ₹ 4,797 ₹ 38,376

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

    • 7 Days
    • 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.

    Gold Price in Chandigarh

    People in Chandigarh prefer buying gold for any occasion and also as a part of investment. Gold is bought mainly as an ornament and also as a safety net for their future. Gold also doesn’t have a depreciating value, making it a very safe investment. Investing in gold is worth it as it is a hedge against inflation.

    Gold rates are constantly changing in Chandigarh. You can avail the updated gold rate directly from the dealers of Chandigarh or through the various financial websites. Gold can be used as an asset to get loans from the banks as well. The changing gold rate information will be provided to you by the Gold Dealers in Chandigarh.

    Trend of Gold Rate in Chandigarh for September 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.4,818 per gram
    September 5 Rate Rs.4,839 per gram
    Highest Rate in September Rs.4,839 per gram on 4 and 5 September
    Lowest Rate in September Rs.4,808 per gram on 2 and 3 September
    Overall Performance Incline

    September 2021 - Week 1 (1 - 5):

    • In Chandigarh, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
    • During the month, it recorded the highest rate on the 4th and 5th September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on the 2nd and 3rd of September when the price stood at Rs.4,808 per gram.
    • The precious metal closed the first week of September being traded at the rate of Rs.4,839 per gram in Chandigarh. The overall performance of the precious metal witnessed an incline.

    Trend of Gold Rate in Chandigarh for August 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    August 1 Rate Rs.4,892 per gram
    August 31 Rate Rs.4,818 per gram
    Highest Rate in August Rs.4,892 per gram on 1 and 2 August
    Lowest Rate in August Rs.4,719 per gram from 9 to 11 August
    Overall Performance Decline

    August 2021 - Week 1 (1 - 8):

    • Gold price in Chandigarh at the start of the week was Rs.4,892 per gram. The price of the yellow metal saw no change in the rate when it was compared to the closing price of the previous week.
    • The price of the yellow metal increased in the city on 20th August with a gram costing Rs.4,918. This was the highest recorded price of the bullion in the city for the month till date which was earlier recorded on 16th August.
    • In Chandigarh, the rate of gold continued to fluctuate until 23rd August before closing at Rs.4,860 per gram. The overall performance of gold in the city witnessed an inclining trend.

    August 2021 - Week 2 (9 - 15):

    • Gold price in Chandigarh at the start of the week was Rs.4,719 per gram. The price of the yellow metal witnessed a decline of Rs.52 per gram when compared to the closing price of the previous week.
    • While the price of the yellow metal remained unchanged on 10th and 11th August, it increased over the remainder of the week.
    • The bullion closed the week in Chandigarh at Rs.4,787 per gram. Gold’s overall performance in the city was one of decline.

    August 2021 - Week 3 (16 - 22):

    • Gold price in Chandigarh opened the month of August standing at the rate of Rs.4,892 per gram.
    • The precious yellow metal recorded its highest price during the month on the 1st and 2nd of August wherein a gram of the 24-karat gold was being traded at the rate of Rs.4,892. The lowest recorded price of the yellow metal during the month was Rs.4,719 per gram which was recorded from 9th August to 11th August.
    • Gold closed the third week of August standing at Rs.4,803 per gram. The overall performance of gold in the city witnessed a decline.

    August 2021 - Week 4 (23 - 31):

    • In Chandigarh, a gram of 24-karat gold cost Rs.4,813 at the start of the fourth week of August. The price of the precious metal recorded an incline of Rs.10 when compared to previous week’s closing price.
    • While the price increased on 24th August, it slipped over the next two days and was priced Rs.4,808 per gram on 26th August.
    • The rate of the yellow metal continued to see change over the remainder of the week and closed at Rs.4,818 per gram. Gold’s overall performance in Chandigarh witnessed a declining trend.

    Trend of Gold Rate in Chandigarh for July 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    July 1 Rate Rs.4,792 per gram
    July 31 Rate Rs.4,892 per gram
    Highest Rate in July Rs.4,918 per gram on 16, 20, and 30 July
    Lowest Rate in July Rs.4,792 per gram on 1 July
    Overall Performance Incline

    July 2021 - Week 1 (1 - 4):

    • Gold price in Chandigarh opened the first week of July at Rs.4,792 per gram. Compared to the price charged at the end of the previous week, the rate of the precious metal recorded an incline of Rs.21.
    • The price of the yellow metal climbed in the city over the week and recorded its highest price for the month till date on 3rd July. On the mentioned date, a gram of 24-karat gold cost Rs.4,829.
    • Gold closed at the same price with the rate seeing no change on the final day of the week. The overall performance of the bullion in Chandigarh was one of incline.

    July 2021 - Week 2 (5 - 11):

    • Gold price in Chandigarh opened the second week of July at Rs.4,792 per gram. Compared to the price charged at the end of the previous week, the rate was down by Rs.26 for every gram.
    • The price of the yellow metal remained stagnant the next day before slipping on 11th July and recording its lowest price for the month till date. A gram of 24-karat gold cost Rs.4,782 on the mentioned date.
    • The yellow metal closed the week at Rs.4,792 per gram with the overall performance of the metal witnessing a declining trend.

    July 2021 - Week 3 (12 - 18):

    • The price of gold in Chandigarh opened the month of July standing at the rate of Rs.4,792 per gram.
    • Over the third week of the month, gold recorded its lowest price on 1st July when a gram of the precious yellow metal was being traded at the rate of Rs.4,792. The highest rate of the precious metal was recorded on the 16th of July wherein it was being traded at the rate of Rs.4,918 per gram.
    • Gold closed the third week of the month standing at Rs.4,892 per gram. The overall performance of gold in the city witnessed an incline.

    July 2021 - Week 4 (19 - 25):

    • Gold price in Chandigarh at the start of the week was Rs.4,892 per gram. The price of the yellow metal saw no change in the rate when it was compared to the closing price of the previous week.
    • The price of the yellow metal increased in the city on 20th July with a gram costing Rs.4,918. This was the highest recorded price of the bullion in the city for the month till date which was earlier recorded on 16th July.
    • In Chandigarh, the rate of gold continued to fluctuate until 23rd July before closing at Rs.4,860 per gram. The overall performance of gold in the city witnessed an inclining trend.

    July 2021 - Week 5 (26 - 31):

    • The price of gold in Chandigarh opened the month of July standing at the rate of Rs.4,792 per gram.
    • During the month, gold recorded its lowest price on 1st July when a gram of the precious metal was being traded at the rate of Rs.4,792. The highest rate of the precious metal was recorded on the 16th, 20th, and 30th of July wherein it was being traded at the rate of Rs.4,918 per gram.
    • Gold closed the last week of the month standing at Rs.4,892 per gram. The overall performance of gold in the city witnessed an incline.

    Trend of Gold Rate in Chandigarh for June 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.5,013 per gram
    June 30 Rate Rs.4,771 per gram
    Highest Rate in June Rs.5,034 per gram on 3 June
    Lowest Rate in June Rs.4,771 per gram on 30 June
    Overall Performance Decline

    June 2021 - Week 1 (1 - 4):

    • In Chandigarh, the price of gold was Rs.5,013 per gram on 1 June, marking the new month. The price of the metal remained steady on the following day.
    • However, on 3 June, gold rate in Chandigarh increased to hit its weekly high at Rs.5,034 per gram due to a fall in the dollar value.
    • The price of the yellow metal recorded a decline on the following day to below the Rs.5,000 per-gram mark at Rs.4,950 per gram and closed the week on 4 June.

    June 2021 - Week 2 (5 - 11):

    • In Chandigarh, a gram of 24-karat gold was priced Rs.4,992 on 5th June. The price was up by Rs.42 for every gram when compared to the closing price of the previous week.
    • The price of gold remained stagnant the next day before recording a decline of Rs.11 for every gram on 7th June. While the price recovered the following day, a decline was seen again on 10th June.
    • Gold price in Chandigarh closed the second week of June at Rs.5,013 per gram. The overall performance of the yellow metal was stable in the city.

    June 2021 - Week 3 (12 - 18):

    • Gold price in Chandigarh opened the third week of June standing at the rate of Rs.4,976 per gram. There was a decrease of Rs.37 in the price of the yellow metal when the rate was compared to the closing price of the previous week.
    • The highest price of the precious metal was recorded on 3rd June where it stood at Rs.5,034 per gram. The lowest rate was recorded on 18th June wherein it was being traded at Rs.4,818 per gram.
    • The yellow metal closed the third week of June at Rs.4,818 per gram and the overall performance of the metal witnessed a declining trend.

    June 2021 - Week 4 (19 - 25):

    • Gold price in Chandigarh opened the fourth week of June at Rs.4,792 per gram. Compared to the price charged at the end of the previous week, the rate was down by Rs.26 for every gram.
    • The price of the yellow metal remained stagnant the next day before slipping on 21st June and recording its lowest price for the month till date. A gram of 24-karat gold cost Rs.4,782 on the mentioned date.
    • The yellow metal closed the week at Rs.4,792 per gram with the overall performance of the metal witnessing a declining trend.

    June 2021 - Week 5 (26 - 30):

    • The price of gold in Chandigarh at the start of the final week of June was Rs.4,803 per gram. There was an increase of Rs.11 in the price of the yellow metal when the rate was compared to the precious week’s closing price.
    • While gold price remained unchanged in the city on 27th June, it slipped on 28th June. Following the decline in the rate of the yellow metal, a gram of 24-karat gold costed Rs.4,792.
    • Gold price in Chandigarh slipped again and closed at Rs.4,771 per gram. This was the lowest recorded price of the yellow metal for the month. The overall performance of the yellow metal was one of decline.

    Trend of Gold Rate in Chandigarh for May 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.4,761 per gram
    May 31 Rate Rs.4,992 per gram
    Highest Rate in May Rs.5,013 per gram on 26 May
    Lowest Rate in May Rs.4,761 per gram on 1 and 2 May
    Overall Performance Incline

    May 2021 - Week 1 (1 - 7):

    • In the first week of May, the gold rate in Chandigarh was Rs.4,761 per gram on 1 May increased to Rs.4,782 per gram on 3 May due to a weak dollar value, after remaining steady on 2 May.
    • Increasing further to cross the Rs.4,800 per-gram mark at Rs.4,803 per gram, gold rates declined as the dollar value recovered in the market at Rs.4,771 per gram on 5 May.
    • On 6 May, the price of the metal increased to Rs.4,782 per gram and on the following day, hit its weekly high at Rs.4,834 per gram, closing the week at the same rate.

    May 2021 - Week 2 (8 - 14):

    • Gold rate in Chandigarh at the start of the second week of May was Rs.4,845 per gram. There was an increase of Rs.11 in the price of the yellow metal when the rate was compared to what was charged on the final day of the previous week.
    • The price of gold didn’t see any change in the city till 11th May before slipping on 12th May. The drop in the price saw a gram of the yellow metal cost Rs.4,834.
    • Gold closed the week at Rs.4,850 per gram in Chandigarh. The overall performance of gold in the city was one of incline.

    May 2021 - Week 3 (15 - 21):

    • Gold rate in Chandigarh at the start of the third week of May was Rs.4,876 per gram. There was an increase of Rs.26 in the price of the yellow metal when the rate was compared to the previous week’s closing price.
    • The price of gold which didn’t see any change on 16th May increased over the week and recorded its highest price for the month till date on 20th May. A gram of 24-karat gold cost Rs.4,950 on the mentioned date.
    • Gold closed the week at Rs.4,950 per gram in Chandigarh. The overall performance of the precious metal in the city witnessed an inclining trend.

    May 2021 - Week 4 (22 - 28):

    • Opening the fourth week of May at Rs.4,950 per gram on 22 May, gold prices in Chandigarh held steady at the same price on the following day. However, on 24 May, the price of the metal increased to Rs.4,960 per gram.
    • On 25 May, the price of the yellow metal was steady at the same price. However, due to a fall in the value of the dollar, gold prices increased and hit its highest on 26 May at Rs.5,013 per gram.
    • As the dollar value recovered in the market, gold prices declined to Rs.4,992 per gram on 27 May and closed the week at Rs.4,791 per gram on 28 May, recording an overall weekly incline in prices.

    May 2021 - Week 5 (29 - 31):

    • In Chandigarh, gold rates were at Rs.4,986 per gram on 29 May and held steady on the following day due to international trends of the metal.
    • The price of gold increased on the last day of the month and closed at Rs.4,992 per gram due to lower U.S. Treasury bond yields.

    Trend of Gold Rate in Chandigarh for April 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    April 1 Rate Rs.4,527 per gram
    April 30 Rate Rs.4,761 per gram
    Highest Rate in April Rs.4,892 per gram on 22 April
    Lowest Rate in April Rs.4,527 per gram on 1 April
    Overall Performance Incline

    April 2021 - Week 1 (1 - 4):

    • Gold price in Chandigarh was Rs.4,524 per gram on 29th March. There was a decline of Rs.9 in the price of the yellow metal when compared to the price charged on the final day of the previous week.
    • The yellow metal recorded its lowest price for the month in the city on 31st March. On the mentioned date, a gram of 24-karat gold cost Rs.4,472 per gram.
    • In Chandigarh, gold’s overall performance was one of decline.

    April 2021 - Week 2 (5 - 11):

    • In Chandigarh, on 5 April, the rate of gold was Rs.4,562 per gram and increased to Rs.4,576 per gram on 6 April. Gold price in Chandigarh increased to Rs.4,669 per gram on 7 April due to a weaker dollar value in the market.
    • The price of the metal increased to Rs.4,720 per gram on 8 April and increased to Rs.4,764 per gram on 9 April which was its highest value in the week and the month.
    • Gold rates declined marginally to Rs.4,750 per gram on 10 April and closed the week at the same rate with an overall inclining trend.

    April 2021 - Week 3 (12 - 18):

    • In Chandigarh, the rate of gold was Rs.4,754 per gram at the start of the third week of April. Compared to what was charged on the final day of the previous week, the rate was up by Rs.4.
    • Gold price in Chandigarh increased slightly on 13th April before remaining unchanged till 15th April. The yellow metal recorded its highest price for the month till date on 16th April when a gram cost Rs.4,807.
    • The yellow metal closed the week at Rs.4,797 per gram with the overall performance recording an inclining trend in the rates.

    April 2021 - Week 4 (19 - 25):

    • Opening the fourth week of April at Rs.4,824 per gram on 19 April, gold prices in Chandigarh were steady on 20 April at the same rate. However, the metal’s value recorded an incline to Rs.4,871 per gram on 21 April.
    • On 22 April, the gold rate in Chandigarh hit its monthly high at Rs.4,892 per gram due to a weaker dollar value and lower U.S. Treasury yields. However, the price of gold, on 23 April, declined and was Rs.4,866 per gram.
    • The price of gold dipped in Chandigarh on 24 April at Rs.4,845 per gram and remained steady on 25 April, closing the week at the same rate.

    April 2021 - Week 5 (26 - 30):

    • In Chandigarh, gold opened the final week of April at Rs.4,845 per gram. There was no change in the price of the yellow metal when the rate was compared to what was charged on the final day of the previous week.
    • The price of gold slipped in the city over the next two days. The drop in the rate of the yellow metal saw a gram of gold being retailed for Rs.4,797 on 28th April. Gold price increased in Chandigarh on 29th April before slipping again.
    • Gold price in Chandigarh closed the month at Rs.4,761 per gram. The overall performance of the yellow metal in the city was one of incline.

    Trend of Gold Rate in Chandigarh for March 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    March 1 Rate Rs.4,673 per gram
    March 31 Rate Rs.4,472 per gram
    Highest Rate in March Rs.4,796 per gram on 11 March
    Lowest Rate in March Rs.4,472 per gram on 31 March
    Overall Performance Decline

    March 2021 - Week 1 (1 - 7):

    • Gold price in Chandigarh opened the first week of March at Rs.4,673 per gram. There was an increase of Rs.26 for every gram when the rate was compared to the rate was compared to the price charged on the last day of the previous week.
    • Gold recorded its highest and lowest price for the month till date on 1st and 5th March when a gram was retailed for Rs.4,673 and Rs.4,490 respectively.
    • The yellow metal closed the week at Rs.4,527 per gram after the rate increased on 6th March. In Chandigarh, the overall performance of gold was one of decline.

    March 2021 - Week 2 (8 - 14):

    • In the second week of March, the gold price in Chandigarh opened at Rs.4,532 per gram on 8 March and dipped to Rs.4,492 per gram on 9 March due to a stronger U.S. dollar value seen in the market. However, gold rates bounced back and were Rs.4,526 per gram on 10 March.
    • On 11 March, the value of the yellow metal increased by more than Rs.200 to Rs.4,796 per gram due to rising optimism surrounding the U.S. stimulus package. However, on the following day, the price of the metal dipped to Rs.4,520 per gram.
    • Gold rates increased marginally on 13 March at Rs.4,541 per gram and were at the same rate on 14 March, closing the week with an overall inclining trend.

    March 2021 - Week 3 (15 - 21):

    • In Chandigarh, the price charged for a gram of 24-karat gold at the start of the week was Rs.4,538. When compared to the closing price of the previous week, the rate was down by Rs.3 for every gram.
    • The price of gold in the city increased over the next three days and a gram was retailed for Rs.4,560 per gram. The price for every gram of gold slipped by Rs.27 on 19th March before recovering on 20th March.
    • Gold price in Chandigarh didn’t see any change on the final day of the week and closed at Rs.4,552 per gram. The overall performance of gold in the city witnessed a declining trend.

    March 2021 - Week 4 (22 - 28):

    • The gold rate in Chandigarh was Rs.4,552 per gram on 22 March and declined on the following day due to the rise in the value of the U.S. dollar. The price of the metal increased marginally on 24 March at Rs.4,531 per gram.
    • The price of the metal increased marginally on 25 March at Rs.4,536 per gram. However, on 26 March, gold rates dipped to Rs.4,516 per gram as the U.S. dollar value recovered.
    • On 27 March, the price of the metal increased to Rs.4,533 per gram on a weaker dollar and remained steady, closing the week at the same rate on 28 March.

    March 2021 - Week 5 (29 - 31):

    • Gold price in Chandigarh was Rs.4,524 per gram on 29th March. There was a decline of Rs.9 in the price of the yellow metal when compared to the price charged on the final day of the previous week.
    • The yellow metal recorded its lowest price for the month in the city on 31st March. On the mentioned date, a gram of 24-karat gold cost Rs.4,472 per gram.
    • In Chandigarh, gold’s overall performance was one of decline.

    Trend of Gold Rate in Chandigarh for February 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    February 1 Rate Rs.4,995 per gram
    February 28 Rate Rs.4,647 per gram
    Highest Rate in February Rs.4,995 per gram on 1 February
    Lowest Rate in February Rs.4,657 per gram on 19 February
    Overall Performance Decline

    February 2021 - Week 1 (1 - 7):

    • Gold prices in Chandigarh opened the first week of February at Rs.4,995 per gram on 1 February and dipped by Rs.70 to Rs.4,925 per gram on 2 February due to lower demand for the metal and higher risk appetite seen amongst investors.
    • The price of the metal dipped further on 3 February as the U.S. dollar recovered in the market and was Rs.4,868 per gram, declining below the Rs.4,900 per-gram mark. On 5 February, the gold rate was at its lowest on 4,763 per gram.
    • Recovering marginally, the price of the metal was Rs.4,792 per gram on 6 February and closed the week at the same rate recording an overall decline.

    February 2021 - Week 2 (8 - 14):

    • Gold prices in Chandigarh opened the second week of February at Rs.4,781 per gram and at Rs.4,862 per gram on 9 February. The price of the metal was the highest on 10 February at Rs.4,854 per gram.
    • Declining to Rs.4,831 per gram on 11 February, gold prices further dipped to Rs.4,807 per gram on 12 February due to higher risk appetite and the rising value of the U.S. dollar.
    • On 13 February, gold prices dipped below the Rs.4,800 per-gram at Rs.4,791 per gram and held steady on 14 February, closing at the same price at Rs.4,791 per gram.

    February 2021 - Week 3 (15 - 21):

    • Gold price in Chandigarh opened the third week of February at Rs.4,787 per gram. The price of the previous metal was down by Rs.4 for every gram when the rate was compared to the closing price of the previous week.
    • While the price of gold increased in the city the following day, it slipped in the city over the next few days and recorded its lowest price for the month till date on 19th February when a gram cost Rs.4,657.
    • The price of yellow metal increased slightly on the penultimate day of the week and closed at Rs.4,695 per gram. Gold’s overall performance in Chandigarh witnessed a declining trend.

    February 2021 - Week 4 (22 - 28):

    • In the last week of the month, the gold rate in Chandigarh opened the last week of the month at Rs.4,694 per gram and showed a fluctuating trend through the week, increasing to cross the Rs.4,749 per gram on 23 February and dipping to Rs.4,738 per gram on 24 February.
    • On 25 February, gold prices started declining to Rs.4,712 per gram as the U.S. dollar value recovered in the international market. On 26 February, the price of the metal dipped below the Rs.4,600 per-gram mark at Rs.4,682 per gram.
    • The price of the precious metal dipped further to Rs.4,647 per gram on 27 February and closed the week and the month at the same rate.

    Trend of Gold Rate in Chandigarh for January 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    January 1 Rate Rs.5,079 per gram
    January 31 Rate Rs.4,988 per gram
    Highest Rate in January Rs.5,213 per gram on 6 January
    Lowest Rate in January Rs.4,952 per gram on 18 January
    Overall Performance Decline

    January 2021 - Week 1 (1 - 9):

    • Gold rate in Chandigarh opened the year and the month at Rs.5,079 per gram on 1 January and increase to Rs.5,099 per gram on 2 January, holding steady on the following day.
    • The price of the metal on 4 January increased to Rs.5,145 per gram and further to Rs.5,196 per gram on 5 January, hitting its highest on 6 January at Rs.5,213 per gram.
    • However, the precious metal’s value dipped to Rs.5,159 per gram on 7 January and closed the week, recording an overall decline at Rs.5,048 per gram on 9 January.

    January 2021 - Week 2 (10 - 16):

    • Gold price in Chandigarh at the start of the week was Rs.5,048 per gram. When compared to the closing price of the previous week, the price of the precious metal didn’t see any change.
    • The price of the precious metal witnessed fluctuations over the next two days before slipping considerably in the latter part of the week.
    • Gold closed the second week of January at Rs.4,958 per gram in Chandigarh. The closing price was the lowest for the month till date with the overall performance witnessing a declining trend.

    January 2021 - Week 3 (17 - 23):

    • Gold prices in Chandigarh, opened the third week of the month at Rs.4,958 per gram on 17 January and hit is lowest on 18 January at Rs.4,952 per gram due to higher risk appetite amongst investors in the market.
    • On 19 January, the price of the metal recovered and increased to Rs.4,973 per gram and further inclined marginally to Rs.4,976 per gram on 20 January. As the risk appetite lowered amongst investors, gold prices increased.
    • The price of gold increased to Rs.5,025 per gram on 21 January. However, with the U.S. dollar value recovering in the market, gold prices eased and was Rs.4,997 per gram and closed the week at Rs.4,988 per gram on 23 January.

    January 2021 - Week 4 (24 - 31):

    • In Chandigarh, gold opened the final week of January at Rs.4,988 per gram. When compared to the closing price of the previous week, the price of the precious metal didn’t see any change.
    • Gold price in Chandigarh slipped over the first three days of the week. The drop in the rates saw the yellow metal being retailed for Rs.4,952 per gram on 27th January. Evern though the rates recovered slightly on 28th January, it declined again the following day.
    • The precious metal closed the week at Rs.4,988 per gram in Chandigarh after the rates increased on the penultimate date. The overall performance of gold witnessed a declining trend in the city.

    Trend of Gold Rate in Chandigarh for December 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    December 1 Rate Rs.4,846 per gram
    December 31 Rate Rs.5,074 per gram
    Highest Rate in December Rs.5,130 per gram on 21 December
    Lowest Rate in December Rs.4,846 per gram on 1 December
    Overall Performance Incline

    December 2020 - Week 1 (1 - 6):

    • In Chandigarh, the price of gold at the start of the week was Rs.4,846 per gram. When compared to the price charged on the final day of the previous month, there was a drop of Rs.44 in the rate of every gram.
    • Gold price in Chandigarh increased gradually over the next few days of the week. The increase in the rates saw gold record its highest price for the month till date on 4th December when a gram was retailed for Rs.4,976.
    • Gold closed the week at Rs.4,972 per gram after the rates saw a minimal drop on 5th December. The rates witnessed an inclining trend in Chandigarh over the opening week.

    December 2020 - Week 2 (7 - 13):

    • In Chandigarh, the value of gold opened the second week and was at its highest price of the month till date on 8 December at Rs.5,057 per gram. On the following day, the metal saw a decline and was Rs.5,005 per gram.
    • Gold prices in Chandigarh were at Rs.4,990 per gram on 10 December and declined marginally to Rs.4,983 per gram on 11 December due to the considerable rise in risk appetite amongst investors due to vaccine optimism.
    • On 12 December, the price of the metal increased marginally to Rs.5,002 per gram and closed the week at the same value on 13 December.

    December 2020 - Week 3 (14 - 20):

    • Gold price in Chandigarh at the start of the week was Rs.5,002 per gram. When compared to the closing price of the previous week, there was no change in the price of the yellow metal.
    • The price of the precious metal slipped on 15th December and was retailed for Rs.4,974 per gram in the city. The rate of the precious metal started to recover gradually in Chandigarh over the week.
    • With gold rate witnessing an inclining trend, the price of the yellow metal jumped to the highest recorded price for the month till date on 19th December. A gram cost Rs.5,095 on the mentioned date. Gold closed the week at the same price with the overall performance recording an inclining trend in the rates.

    December 2020 - Week 4 (21 - 27):

    • Opening at Rs.5,130 per gram on 21 December, gold prices in Chandigarh dipped to Rs.5,098 per gram and dipped further to Rs.5,062 per gram on 23 December.
    • Increasing marginally to Rs.5,063 per gram on 24 December and saw an incline to Rs.5,077 per gram on 25 December. The price of the metal increased to Rs.5,080 per gram on 26 December.
    • On 27 December, the metal’s price remained steady and closed at Rs.5,080 per gram.

    December 2020 - Week 5 (28 - 31):

    • Gold price in Chandigarh at the start of the week was Rs.5,109 per gram. When compared to the closing price of the previous week, the price of the precious metal was up by Rs.29 for every gram.
    • The price of the precious metal witnessed some fluctuations over the week. While the rates dropped on 29th December, it climbed the following day and was priced Rs.5,075 per gram.
    • Gold closed the final week of December at Rs.5,074 per gram in Chandigarh. The overall performance of the yellow metal was one of incline.

    Trend of Gold Rate in Chandigarh for November 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    November 1 Rate Rs.5,171 per gram
    November 30 Rate Rs.4,890 per gram
    Highest Rate in November Rs.5,215 per gram on 7 November to 9 November
    Lowest Rate in November Rs.4,890 per gram on 28 November – 30 November
    Overall Performance Decline

    November 2020 - Week 1 (1 - 8):

    • The price of gold in Chandigarh at the beginning of November was Rs.5,171 per gram and remained steady at the same rate until it increased on 5 November at Rs.5,138 per gram.
    • The gold rate then further increased to Rs.5,188 per gram on 6 November due to the rise in COVID-19 cases and the uncertainty around the U.S. elections.
    • The metal then hit its highest price of the week at Rs.5,215 per gram on 7 November and closed at the same price on 8 November, recording an overall incline trend for the week.

    November 2020 - Week 2 (9 - 15):

    • Gold price in Chandigarh at the start of the second week of November was Rs.5,215 per gram. There was no change in the rates when compared to the closing price of the previous week.
    • The price of gold fluctuated in the city over the next few days and recorded its lowest price for the month till date on 12th November when a gram was retailed Rs.5,077.
    • The price of the metal continued to fluctuate before closing the week on Rs.5,109 per gram. The overall performance of the yellow metal witnessed a declining trend.

    November 2020 - Week 3 (16 - 22):

    • Gold rate in Chandigarh opened at Rs.5,149 per gram on 16 November and showed a decline on the following day at Rs.5,128 per gram on 17 November. This was majorly due to the rise in the dollar value in the market.
    • On 18 November, the price of the metal was Rs.5,110 per gram and dipped to Rs.5,072 per gram on 19 November. The gold price was at its lowest in the month till date on 20 November at Rs.5,069 per gram.
    • With positive news on the COVID-19 vaccine in the market, risk appetite increased amongst investors and the metal closed the week at Rs.5,085 per gram on 22 November, recording an overall weekly decline.

    November 2020 - Week 4 (23 - 30):

    • In Chandigarh, the price of gold was Rs.5,077 per gram on 23 November and dipped to Rs.4,963 per gram on 24 November with investors shifting to the equities market on a stronger dollar value.
    • Gold rate on 25 November was Rs.4,959 per gram and dipped to Rs.4,892 per gram on 27 November with positive updates being reported on the progress of a COVID-19 vaccine. Due to this trend, the yellow metal’s value dipped to Rs.4,890 per gram on 28 November.
    • On 30 November, the metal closed at the same rate after holding steady for more than 1 day.

    Trend of Gold Rate in Chandigarh for October 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    October 1 Rate Rs.5,166 per gram
    October 31 Rate Rs.5,171 per gram
    Highest Rate in October Rs.5,229 per gram on 13 October
    Lowest Rate in October Rs.4,914 per gram on 18, 19 and 20 October
    Overall Performance Incline

    October 2020 - Week 1 & 2 (1 -11):

    • In Chandigarh, the price of gold opened at Rs.5,166 per gram on 1 October and increased on 4 October to Rs.5,177 per gram, remaining steady on the following day as well.
    • The price of the metal, on 6 October dipped to hit its lowest in the week at RS.5,135 per gram on 6 October. After increasing to Rs.5,187 per gram on 7 October, gold prices plummeted to its weekly-low yet again on 8 October and 9 October.
    • However, on 10 October, the price of the precious metal increased to Rs.5,166 per gram and hit its highest on 11 October at Rs.5,202 per gram, closing the week at the same price.

    October 2020 - Week 3 (12 - 18):

    • In Chandigarh, a gram of the 24-karat gold was priced Rs.5,208 at the start of the week. When compared to the closing price of the previous week, there were no change in the rates.
    • The price of gold increased to Rs.5,229 per gram in the city the following day. This was the highest recorded price of the yellow metal for the month till date.
    • Following that, gold rate in Chandigarh slipped considerably. A gram of the precious metal was retailed for Rs.5,171 on 15th October. The decline in the rates continued and closed the week at Rs.4,914 per gram with the overall performance witnessing a declining trend.

    October 2020 - Week 4 (19 - 25):

    • In Chandigarh, gold rate opened the fourth week of the month at Rs.4,914 per gram and held steady on 20 October as well as investors awaited the development on the stimulus package by the United States of America.
    • However, on 21 October, the gold price in Chandigarh increased to Rs.5,171 per gram as the value of the dollar dipped in the market. The price remained steady due to the mute trend of gold in the international market.
    • On 25 October, gold prices closed the week at Rs.5,171 per gram as the value of the dollar held steady in the international market.

    October 2020 - Week 5 (26 - 31):

    • Gold rate in Chandigarh opened the final week of October Rs.5,171 per gram. There was no change in the rates when compared to the price charged on the final day of the previous week.
    • The price of gold didn’t see any change in the city over the week.
    • Gold closed the week at Rs.5,171 per gram in Chandigarh. The overall performance of the yellow metal witnessing an inclining trend in the city.

    Trend of Gold Rate in Chandigarh for September 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.5,287 per gram
    September 30 Rate Rs.5,135 per gram
    Highest Rate in September Rs.5,297 per gram on 16 September
    Lowest Rate in September Rs.5,077 per gram on 29 September
    Overall Performance Decline

    September 2020 - Week 1 (1 - 6):

    • In Chandigarh, gold rate opened the month of September at Rs.5,287 per gram on 1 September and recorded the highest price of the week at Rs.5,292 per gram on 2 September with the value of the dollar marginally declining in the international market.
    • On 3 September, gold price in Chandigarh dipped to Rs.5,250 per gram as the dollar value recovered in the market.
    • The price of the metal dipped to hit its lowest price of the week on 4 September at Rs.5,208 per gram and held steady till the end of the week, recording an overall declining trend.

    September 2020 - Week 2 (7 - 13):

    • In Chandigarh, gold rate opened the second week of September at Rs.5,208 per gram. There was no change in the rates when compared to the closing price of the previous week.
    • The price of gold increased in the city over the next few days. A gram of the yellow metal was retailed for Rs.5,276 per gram on 11th September.
    • The price of the metal dipped in the city over the last two days of the week and closed at Rs.5,234 per gram. The overall performance witnessed a declining trend in the rates.

    September 2020 - Week 3 (14 - 20):

    • In Chandigarh, gold was priced Rs.5,234 at the start of the week. There was no change in the rates when compared to the closing price of the previous week.
    • The price of gold increased in the city over the next few days and recorded its highest price for the month till date on 16th September when a gram cost Rs.5,297.
    • The price of the metal dropped following that before recovering gradually and closing the week on Rs.5,287 per gram. The overall performance of the yellow metal remained stable.

    September 2020 - Week 4 (21 - 27):

    • Gold rate in Chandigarh was Rs.5,287 per gram on 21 September and decreased marginally to Rs.5,271 per gram on the following day.
    • On 24 September, the metal showed a declining trend throughout the month as the value of the dollar increased in the international market and was priced at Rs.5,145 per gram. On 25 September, the metal dipped further to Rs.5,124 per gram.
    • The gold price hit its lowest of the month at Rs.26 September at Rs.5,103 per gram and continued at the same rate on the following day, closing the week at an overall decline.

    September 2020 - Week 5 (28 - 30):

    • The price of gold at the start of the final week of September was Rs.5,103 per gram in Chandigarh. There was no change in the rates when compared to the closing price of the previous week.
    • Gold recorded its lowest price for the month on 29th September when the rates slipped to Rs.5,077 per gram.
    • Gold price in Chandigarh closed the month of September at Rs.5,135 per gram after increasing on the final day of the week. The rates witnessed a declining trend over the month.

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

    Parameters Gold price (24 karat)
    August 1 Rate Rs.5,481 per gram
    August 31 Rate Rs.5,250 per gram
    Highest Rate in August Rs.5,749 per gram on 8 August
    Lowest Rate in August Rs.5,234 per gram on 27 and 28 August
    Overall Performance Decline

    August 2020 - Week 1 (1 - 9):

    • In Chandigarh, gold price opened at Rs.5,481 per gram on 1 August increasing marginally compared to its previous week’s closing. The falling dollar value and the rise in COVID-19 cases boosted gold prices.
    • With stimulus packages being introduced to help stabilise the economy, risk appetite amongst investors dipped and gold crossed the Rs.5,600 per gram mark on 6 August at Rs.5,618 per gram.
    • On 8 August, the gold rate hit record highs at Rs.5,749 per gram and closed the week at Rs.5,707 per gram on 9 August.

    August 2020 - Week 2 (10 - 16):

    • In Chandigarh, the price of gold was Rs.5,707 per gram on 10 August. Compared to the price charged on the final day of the previous week, the rates remained unchanged in the city.
    • With gold rates witnessing a decline, the yellow metal recorded its lowest price for the month on 12th August when a gram cost Rs.5,276 per gram.
    • Even though the rates recovered gradually, it slipped again of the final day of the week. Gold rate in Chandigarh closed the week at Rs.5,371 per gram with the overall performance witnessing a declining trend.

    August 2020 - Week 3 (17 - 23):

    • In Chandigarh, gold price was Rs.5,371 per gram on 17 August and was steady until 19 August at the same rate. The metal’s price remained unchanged due to a muted international trend.
    • Gold rate in Chandigarh increased to Rs.5,444 per gram on 20 August and on 21 August, the price of the metal dipped to below the Rs.5,400 per gram mark at Rs.5,376 per gram.
    • On 22 August, gold price increased to Rs.5,387 per gram and hit the lowest price of the week on 23 August and closed at Rs.5,355 per gram.

    August 2020 - Week 4 (24 - 31):

    • The price of gold was Rs.5,355 per gram on 24 August in Chandigarh. The rates remained unchanged in the city when compared to the price charged on the final day of the previous week.
    • The yellow metal recorded its lowest price for the month on 27th and 28th August when a gram cost Rs.5,234 per gram.
    • Gold rate recovered gradually and closed the week at Rs.5,250 per gram. Gold’s overall performance witnessed a declining trend in the city.

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

    Parameters Gold price (24 karat)
    July 1 Rate Rs.4,946 per gram
    July 31 Rate Rs.5,439 per gram
    Highest Rate in July Rs.5,439 per gram on 31 July
    Lowest Rate in July Rs.4,925 per gram on 7 July
    Overall Performance Incline

    July 2020- Week 1 (01 - 05):

    • At the beginning of the month, the value of the precious metal in Chandigarh opened the first week at Rs.4,946 per gram on 1 July and hit the highest price in more than 7 years on 2 July at Rs.4,993 per gram with risk appetite amongst investors at a low. With the constant rise in COVID-19 cases all over the world, the safe-haven demand of the metal increased to a great extent.
    • On 3 July, the price of the metal dipped and was priced at Rs.4,951 per gram with positive data from the United States of America prompting investors towards the equities market along with a possible COVID-19 vaccine in the works and entering the human trial phase.
    • The value of the metal remained unchanged on 4 July with investors waiting on updates on the economy along with the vaccine at Rs.4,951 per gram and closing the week at the same price as well with an overall weekly incline.

    July 2020 - Week 2 (06 - 12):

    • Opening the second week of July, gold prices were trading at Rs.4,951 per gram on 6 July and dipped to Rs.4,925 per gram on 7 July with investors shifting to the equities market with a recovering value of the U.S. dollar. With the rise in fresh COVID-19 cases all over the world, the safe-haven demand for the metal increased and focus shifted away from the equities market. The value of gold recovered and was Rs.4,961 per gram on 8 July.
    • Gold prices on 9 July increased to Rs.4,988 per gram due to investors staying away from the equities market amidst the growing safe-haven demand for the yellow metal. On 10 July, the price of the metal hit its highest price of the week, crossing the Rs.5,000 per gram level at Rs.5,030 per gram.
    • The value of the metal, however, dipped on 11 July to Rs.5,009 per gram with economic recovery being speculated by investors. The price of the metal, at the end of the week, recovered marginally and closed at Rs.5,019 per gram on 12 July recording an overall weekly incline.

    July 2020 - Week 3 (13 - 19):

    • Gold price in Chandigarh stood at Rs.5,019 per gram on 13th July. Compared to the price charged on the final day of the previous week, there was no change in the rates of the yellow metal.
    • With gold rates fluctuating in the city, the price changed quite a bit over the week. The yellow metal recorded its highest price for the month till date on 16th and 17th July. A gram of the 24-karat gold was retailed for Rs.5,035 on the mentioned dates.
    • In Chandigarh, gold price closed the third week of July at Rs.5,030 per gram. Over the week, the rates witnessed an inclining trend.

    July 2020 - Week 4 (20 - 26):

    • In Chandigarh, gold price stood at Rs.5,030 per gram on 20th July. There was no change in the rates when compared to what was charged on the last day of the previous week.
    • Over the week, the price of the precious metal jumped by Rs.115. Gold’s overall performance witnessed an inclining trend in the city.
    • Gold price in Chandigarh closed the fourth week of July at Rs.5,245 per gram, which was the highest for the month of July till date.

    July 2020 - Week 5 (27 - 31):

    • Gold rates in Chandigarh were at Rs.5,245 per gram and showed no changes in price compared to the previous week’s closing. The price of the metal increased to cross the Rs.5,300 per gram mark on the following day.
    • On 29 July, the gold prices increased to Rs.5,381 per gram with the rising cases of COVID-19 all over the world and lower risk appetite.
    • On the last day of the week and month, gold prices increased to hit the highest at Rs.5,439 per gram and closed at the same rate.

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

    Parameters Gold price (24 karat)
    June 1 Rate Rs.4,799 per gram
    June 30 Rate Rs.4,961 per gram
    Highest Rate in June Rs.4,961 per gram on 30 June
    Lowest Rate in June Rs.4,725 per gram on 8 June
    Overall Performance Incline

    June 2020 - Week 1 (1 - 7):

    • Gold was priced at Rs.4,799 per gram on the 1st of June in Chandigarh. Compared to the closing price of the previous month, there was no change in the rates. Due to concerns of a fresh economic setback after reports of riots in the United States, the rates increased over the next couple of days in the city.
    • The incline in the rates saw gold record its highest price for the month till date on 3rd June with a gram costing Rs.4,825 in the city. The rates slipped following that and was priced Rs.4,757 per gram on 5th June.
    • Gold rates declined further and recorded its lowest price for the month till date on 6th June. A gram of the precious metal cost Rs.4,725 on the mentioned date before closing the week at the same price. The metal’s overall performance witnessed a declining trend in the rates.

    June 2020 - Week 2 (8 - 15):

    • Gold prices in Chandigarh showed an overall inclining trend in the second week of the month and were Rs.4,736 per gram on 9 June and were steady at the same price on 10 June. Even though there were continuous changes in the price of the metal in the international market, the price of the metal remained steady.
    • However, on 11 June, the price of gold increased to Rs.4,799 per gram with investors shifting away from the equities market with the falling value of the United States dollar in the international market. While waiting for updates on the economic data projections from the United States Federal Reserve, investors shifted to safe-haven assets and the price of gold increased and crossed the Rs.4,800 per gram mark on 12 June at Rs.4,846 per gram.
    • The price of the metal on 13 June remained steady at Rs.4,846 per gram in the city even though the international market showed continuous fluctuations in gold prices. However, on 14 June, the price of gold dipped marginally to Rs.4,835 per gram with a slightly higher risk appetite with the value of the dollar recovering in the market. The price of the metal dipped even though the United States of America and the United Kingdom showed poor economic data projections. On 15 June, the price of the metal remained the same and closed at Rs.4,835 per gram on 15 June.

    June 2020 - Week 3 (16 - 21):

    • In Chandigarh, a gram of the 24-karat gold was priced Rs.4,830 at the start of the third week of the month. Compared to what was charged on the final day of the previous week, the rates were down by Rs.5 in the city.
    • Having stayed constant for the next day, the rates of the yellow metal jumped in the city over the next couple of days. Gold was priced at Rs.4,856 per gram on 19th June.
    • The yellow metal closed the week at Rs.4,909 per gram. The closing price of the week was the highest recorded price of the metal for the month of June till date. Gold’s overall performance in the city witnessed an inclining trend in the rates.

    June 2020 - Week 4 (22 - 30):

    • A gram of the 24-karat gold was retailed for Rs.4,909 in Chandigarh on 22nd June. There was no change in the rates of the yellow metal when compared to the closing price of last week.
    • The rates jumped to Rs.4,935 per gram on 23rd June after investors opted for safe-haven assets amid increasing number of coronavirus cases around the world.
    • While the rates slipped the following day, the price charged for the precious metal witnessed an incline in the rates over the remaining days of the week. Gold closed the week at Rs.4961 per gram, the highest recorded price for the month with the rates being on an inclining trend.

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

    Parameters Gold price (24 karat)
    May 1 Rate Rs.4,699 per gram
    May 31 Rate Rs.4,799 per gram
    Highest Rate in May Rs.4,841 per gram on 16 May
    Lowest Rate in May Rs.4,646 per gram on 2 May
    Overall Performance Decline

    May 2020 - Week 1 (1 - 9):

    • A gram of the 24-karat gold was priced at Rs.4,699 per gram in Chandigarh at the start of May. When compared to the closing price of the previous month, the rate for every gram of the gold was down by Rs.62.
    • The decline in the price of gold continued in the city on 2nd May and saw a gram of the gold cost Rs.4,646 per gram. This was the lowest recorded price of the gold for the month to date. However, the rates improved as tensions between the United States of America and China bolstered the bullion’s safe-haven appeal.
    • The jump in the prices saw gold record its highest price for the month to date with a gram costing Rs.4,751. In the city, gold closed the opening week of May at Rs.4,678 per gram. The overall performance of the gold witnessed a declining trend in the rates.

    May 2020 - Week 2 (10-16):

    • With no difference in prices compared to last week’s closing, gold opened the second week of the month in Chandigarh at Rs.4,678 per gram on 10 May and increased to Rs.4,694 per gram on 11 May. The rise in prices was due to its safe-have appeal amongst investors who feared a second wave of fresh COVID-19 cases in the world. The metal’s price on 12 May remained steady at Rs.4,694 per gram due to continued fears of COVID-19 cases.
    • On 13 May, the price of the metal had increased to Rs.4,741 per gram, increasing by Rs.47 per gram. With major central banks all over the world releasing stimulus packages to support the economy, the bullion market was supported by these packages and investors shifted to the latter considering a lower risk appetite. On 14 May, the price of the metal slipped to Rs.4,720 per gram majorly due to the strong value of the dollar in the international market.
    • The price of the metal on 15 May was Rs.4,788 per gram recovering to a great extent due to trade tensions arising yet again between the United States of America and China. The price of the metal increased on 16 May to hit its highest of the week at Rs.4,841 per gram due to market uncertainty with continued tensions between the two economic superpowers. The precious metal closed the week at the same price on 16 May.

    May 2020 - Week 3 (17 - 23):

    • The yellow metal opened the third week of May at Rs.4,841 per gram in Chandigarh. The price charged for a gram of the previous metal in the city was similar to what was charged on the last day of the previous week.
    • On 18th May, a gram of the 24-karat gold was priced at Rs.4,883 in the city. This was the highest recorded price of the precious metal for the month till date. The increase in the rates was accounted to dismal U.S. data which underscored how badly the world’s top economy was damaged by the coronavirus pandemic.
    • Having stayed constant for a day, the rates slipped in the city on 20th May as investors booked profits from recent rallies and some shifted to the safety of cash. This was because of growing U.S. - China trade tensions and doubts about an economic recovery. There was no change in the rates over the next two days before slipping again and closing the penultimate week of the month at Rs.4,841 per gram in Chandigarh.

    May 2020 - Week 4 (24 - 31):

    • In Chandigarh, gold prices opened the last week of May at Rs.4,841 per gram on 24 May and dipped to Rs.4,830 per gram on 26 May due to positive equities data from Japan, thus increasing risk appetite amongst investors, and shifting away from the bullion market. The price of the metal on 27 May held steady at Rs.4,830 per gram with minor fluctuations in the price of the metal in the international market.
    • The price of the metal on 28 May declined heavily and was Rs.4,788 per gram due to a constant rise in risk appetite amongst investors as they anticipated a quicker recovery of the economy with the ease of lockdown restrictions all over the world. The price of gold held steady on 29 May at Rs.4,788 per gram.
    • On 30 May, the precious metal showed a steady value at Rs.4,788 per gram and closed the month and the week at Rs.4,799 per gram, increasing marginally by Rs.11 per gram. Gold prices recovered marginally due to investors shifting back to the bullion market amidst rising tensions between China and the United States of America and riots happening in the U.S. as well. At the end of the month, gold showcased an overall monthly incline in prices along with an overall weekly decline.

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

    Parameters Gold price (24 karat)
    April 1 Rate Rs.4,158 per gram
    April 30 Rate Rs.4,761 per gram
    Highest Rate in April Rs.4,846 per gram on 29 April
    Lowest Rate in April Rs.4,158 per gram from 1 - 18 April
    Overall Performance Incline

    April 2020 - Week 1 (1 - 4):

    • In the city of Chandigarh, the price of the gold opened at Rs.4,253 per gram on 1 April. With trading floors and centres closed due to the government imposed 21-day lockdown, the gold prices remained steady in the country.
    • However, in the international market, gold prices fluctuated recording a slight increase in prices with investors awaiting job data from the United States of America. With the rising value of the dollar, the gold prices were set to drop yet again in the international market.
    • With the United States of America releasing poor job data in the country with a high unemployment rate due to COVID-19, the losses for the metal were limited. On the other hand, in the city, the gold rate closed the first week of April at Rs.4,253 per gram on 4 April with no incline or decline in prices.

    April 2020 - Week 2 (5 -11):

    • In Chandigarh, the rates of gold saw no change over the second week of April. Having opened the week at Rs.4,253 per gram, the rates remained there for the entire week.
    • In the global market, the rates of the yellow metal saw fluctuations due to factors like increased demand of the safe-haven metal, slowdown in coronavirus cases in major epicentres.
    • There was no incline or decline in the price of the yellow metal in Chandigarh.

    April 2020 - Week 3 (12 - 18):

    • Opening the third week of the month, gold prices in Chandigarh, showed no change in prices during the week. Opening the week at Rs.4,253 per gram, the rates remained the same for the entire week.
    • However, in the global market, the price of the precious metal saw fluctuations due to factors like increased demand of the safe-haven metal, speculation of a possible recession along with President Trump announcing measures to reopen the economy of the United States of America.
    • At the end of the week, the price of the metal remained the same and closed at Rs.4,253 per gram on 18 April.

    April 2020 - Week 4 (19 - 25):

    • The rates of the yellow metal stood at Rs.4,253 per gram at the start of the fourth week of April in Chandigarh. Compared to the closing price of the previous week, there was no change in the rates.
    • Having stayed constant for the next day, gold recorded its highest price for the month till date on 21st April with a gram of the 24-karat gold costing Rs.4,756. The jump in the rates of the precious metal was accounted to share markets tailing off as the rates of U.S. crude dipped and concerns about economic damage due to the coronavirus pandemic persisted.
    • The rates of the yellow metal slipped in the city following that as equities regained some footing and the dollar firmed. Gold was priced Rs.4,727 per gram on 23rd April. Gold prices did recover a little over the last two days of the penultimate week of April and closed at Rs.4,756 per gram.

    April 2020 - Week 5 (26 - 30):

    • Opening the last week of the month, gold prices in Chandigarh, showed minor fluctuations in prices during the week. Opening the week at Rs.4,757 per gram on 26 April, the price of the metal remained the same at Rs.4,757 per gram on 27 April and 28 April. Even amidst constant changes in the international market, the price of the metal remained unchanged in the city.
    • On 29 April, the yellow metal hit its monthly and weekly high at Rs.4,846 per gram with stimulus packages being launched by central governments to tackle the losses in the economy. Investors shifted to the bullion market after profit-taking earlier in the week.
    • Gold, on the last day of the month, was priced at Rs.4,761 per gram on 30 April and closed the month of April at an overall inclining trend.

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

    Parameters Gold price (24 karat)
    March 1 Rate Rs.4,274 per gram
    March 31 Rate Rs.4,253 per gram
    Highest Rate in March Rs.4,536 per gram on 7 March
    Lowest Rate in March Rs.4,111 per gram on 20 March
    Overall Performance Decline

    March 2020 - Week 1 (01 - 07):

    • In Chandigarh, gold prices were Rs.4,274 per gram at the start of the first week of March. When compared to the previous week’s closing, gold rates did not change. On 2 March, the price of the gold remained steady at the same price. However, on 3 March, gold prices increased to Rs.4,284 per gram with rising expectations from investors about a possible rate cut while they were shifting to the bullion market due to its safe-haven appeal.
    • Gold prices saw an increase in prices on 4 March as well at Rs.4,305 per gram. The rise in prices was due to the interest rate cut by the United States Federal Reserve. On 5 March, gold prices increased greatly in the international market with a higher number of new cases of the virus being reported all around the world along with an increase in the global death toll. The gold rate dipped marginally on 6 March to Rs.4,436 per gram due to weak local demand in the state.
    • The gold rate hit its 7-year high on 7 March hitting the highest price in the month and the week at Rs.4,536 per gram due to investors shifting from the stock market to the bullion market with low risk appetite. At the end of the week, gold closed the week at the same price.

    March 2020 - Week 2 (8 - 14):

    • In Chandigarh, gold prices stood at Rs.4,510 per gram on 8 March. There was a drop of Rs.26 for every gram when compared to the previous week’s closing price.
    • Gold prices witnessed a declining trend over the week as hopes for global stimulus measures to reduce the economic impact of coronavirus raised riskier assets and the dollar. As of 12 March, a gram of the 24-karat gold cost Rs.4,484 in Chandigarh given the fact that concerns increased about the economic impact from coronavirus after it was declared a pandemic.
    • The rates closed the week at Rs.4,237 per gram as it headed for its biggest weekly loss since 1983. This was lowest recorded price of the yellow metal for the month till date.

    March 2020 - Week 3 (15 - 21):

    • The price of gold in Chandigarh on 15 March was Rs.4,237 per gram and increased by Rs.10 to Rs.4,247 per gram on 17 March after remaining steady on 16 March. The slight incline in prices was majorly due to the Federal Reserve cutting down repo rates for the economy. However, this ruse did not help the economy as on 18 March the price of the gold dipped to Rs.4,153 per gram as traders were selling their assets rapidly in exchange for cash to survive the markets.
    • On 19 March, as the European Central Bank announced the measures taken to help the economy, investors shifted to the bullion market momentarily, increasing the gold rate to Rs.4,226 per gram. However, the rise in prices was short-lived as gold hit its lowest price in the month and week on 20 March at Rs.4,111 per gram.
    • However, due to marginal safe-haven demand for gold in the international market, the gold rate recovered and increased. On 21 March, a gram of gold was priced at Rs.4,190 per gram.

    March 2020 - Week 4 (22 - 31):

    • The price of gold stood at Rs.4,253 per gram on 22nd March in Chandigarh. When compared to the closing price of the previous week, the rates were up by Rs.63 for every gram.
    • In Chandigarh, the rates of the 24-karat gold didn’t see any change over the week. The rates remained unchanged even though the price of the yellow metal did fluctuate in the global market as investors liquidated their positions in the safe-haven metal despite stimulus measures being announced by global central banks to soften the economic damage caused by Covid-19.
    • Gold closed the final week of the month at Rs.4,253 per gram. No change in the rates of the yellow metal was accounted to the 21-day lockdown imposed by the government across the country to contain the spread of coronavirus which has affected many countries. The overall performance of the precious metal in Chandigarh witnessed a declining trend.

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

    Parameters Gold price (24 karat)
    1st February Rate Rs.4,169 per gram
    29th February Rate Rs.4,368 per gram
    Highest Rate in February Rs.4,394 per gram on 25 and 26 February
    Lowest Rate in February Rs.4,116 per gram on 7 February
    Overall Performance Incline

    February 2020- Week 1 (1 - 9):

    • The price of the metal in Chandigarh opened the month at Rs.4,169 per gram and remained steady for the first three days of the week. The metal hit its highest at Rs.4,195 per gram on 4 February with the virus affecting the economy in China to a great extent. Investors also awaited on developments on the economic data from the United States of America. The price of the metal, however, dipped in the following days of the week.
    • In Chandigarh, gold saw a dip in price at Rs.4,158 per gram on 5 February as China’s Central Bank released the funds after reverse repo rates were cut down. This was done to stabilise the economy in the country after Coronavirus hit the global economy to a great extent. However, the price of the metal hit the lowest price of the week at Rs.4,116 per gram on 7 February.
    • But the measures taken by China did not fare well and did not work out as the virus outbreak took more lives and affected many more. Investors shifted back to the bullion market and the demand for the metal increased. The price of the metal at the end of the week was Rs.4,149 per gram.

    February 2020 - Week 2 (10 - 16):

    • In the second week of February, gold prices witnessed a lot of fluctuations in Chandigarh. The rates of the 24-karat gold opened the week at Rs.4,148 per gram. There was no change in the prices when compared to the previous week’s closing price.
    • The rates of the yellow metal jumped slipped to Rs.4,142 per gram on 13 February as investors opted for riskier assets after some fears over global economic impact eased due to a fall in the number of new confirmed cases of coronavirus.
    • Towards the end of the week, the rates of gold increased gradually. The jump in the prices was accounted to investors turning to the safety of the bullion and selling off equities after an increase was witnessed in the death toll and infections due to coronavirus. Gold closed the week at Rs.4,211 per gram on 16 February, the highest recorded price for the month till date.

    February 2020 - Week 3 (17 - 23):

    • Gold prices in Chandigarh opened at Rs.4,211 per gram on the third week of February on 17 February. The price of the metal was steady when compared to the previous day’s closing price. However, it dipped to Rs.4,195 per gram on 18 February as investors temporarily shifted to the stock market with higher risk appetite.
    • However, the metal remained steady on 19 February before inclining substantially on the next day. On 20 February, the price of the metal increased to Rs.4,237 per gram as the outbreak of Coronavirus escalated drastically, affecting populations all over the world. Gold prices increased further on 21 February to Rs.4,268 per gram.
    • Gold prices in Chandigarh increased further to hit the Rs.4,300 per gram mark on 22 February with an incline in local demand due to the wedding season in the country. At the end of the week, with an overall incline in prices, the metal closed the third week at a monthly high of Rs.4,368 per gram.

    February 2020 - Week 4 (24 to 29):

    • Gold prices in Chandigarh stood at Rs.4,368 per gram at the start of the fourth week of February. Compared to the previous week’s closing price, the rates didn’t see any change in the prices of the yellow metal.
    • After holding steady for the next day, the rates jumped to its highest for the month on 25 February with every gram costing Rs.4,394 in the union territory. The increase in the rates was accounted to the U.S. dollar edging higher given the spread of coronavirus across the world drove fears of a pandemic and weighed on Asian currencies and global equities.
    • Gold prices in Chandigarh fluctuated over the last few days of the month and closed at Rs.4,368 per gram. The overall performance of the precious metal witnessed an inclining trend in the prices.

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

    Parameters Gold price (24 karat)
    January 1 Rate Rs.3,995 per gram
    January 31 Rate Rs.4,169 per gram
    Highest Rate in January Rs.4,211 per gram on 9 January
    Lowest Rate in January Rs.3,995 per gram on 1 January
    Overall Performance Incline

    January 2020- Week 1 (01 - 05):

    • The price of gold opened the month of January at Rs.3,995 per gram in Chandigarh. The metal saw a sharp incline in prices through the first week of the month due to various global factors which also included geopolitical tensions between Iran and the United States of America.
    • On 2 January, gold prices crossed the Rs.4,000 per gram mark and was Rs.4,011 per gram in the city. This was majorly due to the rise in the value of the rupee due to a fall in the value of the dollar in global markets. The value of the metal further increased to Rs.4,069 per gram on 4 January.
    • Gold prices increased further on 5 January to Rs.4,111 per gram as President Trump’s response to the drone attacks did not fare well with Iran as the latter promised retaliation. Due to this, the investors shifted back to the bullion as a safe haven asset.

    January 2020- Week 2(06 - 12):

    • The price of gold opened the second week of the month at Rs.4,111 per gram in Chandigarh. The metal saw fluctuations in the prices through the week with the ongoing tensions between Iran and the United States of America. The metal was priced at Rs.4,179 per gram on 7 January.
    • On 8 January, gold prices dipped to Rs.4,121 per gram as investors awaited on updates on what will be President Trump’s response on the attacks by Iran. Amidst the tensions and the speculation in the market, gold prices hit its highest value in the week at Rs.4,211 per gram on 9 January.
    • However, as President Trump decided not to retaliate against Iran, the price of the metal decreased in the market. Investors showed an increased risk appetite and the value of the metal fell to Rs.4,106 per gram on 10 January and remained stagnant until 11 January. Gold prices finally closed the week at Rs.4,905 per gram.

    January 2020- Week 3(13 - 19):

    • In Chandigarh, the price of the metal opened the third week of January at Rs.4,095 per gram. The week saw gold prices fluctuating in the second half due to a rise in tensions in the Middle East. On 14 January, the price of the metal dipped to RS.4,074 per gram as investors awaited the signing of the trade deal between China and the United States of America.
    • On 15 January, as the trade deal was signed, traders with a higher risk appetite shifted their investments to the stock market. This resulted in gold prices hitting the lowest price of the week at Rs.4,037 per gram. The price of the metal bounced back on 16 January at Rs.4,074 per gram as speculation rose amongst investors on the unresolved issues in the trade deal.
    • Gold prices remained firm in the latter half of the week due to rising tensions in the Middle East. With drone strikes killing more than 100 soldiers in Yemen, the safe-haven appeal of the metal increased. The price of the yellow metal closed the week at Rs.4,074 per gram.

    January 2020- Week 4 (20 - 26):

    • In Chandigarh, gold started the fourth week of January at Rs.4,074 per gram. Compared to the previous week’s closing price, the rates of the yellow metal remained unchanged in the city.
    • With investors seeking refuge in the safe-haven metal rates due to growing concerns regarding the outbreak of coronavirus in China and escalating tensions in the Middle East, gold prices climbed to Rs.4,116 per gram over the next two days.
    • Gold prices slipped to Rs.4,079 per gram the following day in Chandigarh. The decline in the prices was accounted to the dollar firming up and investors assessing the risk of the deadly virus becoming a global epidemic. The rates of the yellow metal ended the penultimate week of January at Rs.4,142 per gram with the overall performance showing an incline in the prices.

    January 2020- Week 5 (27 - 31):

    • Opening the last week of the month, gold prices were at Rs.4,142 per gram on 27 January and fluctuated in the first half of the week. As investors awaited on the decision by the United States Federal Reserve on rate cuts and considered the effect of the virus on the markets, gold prices showed an overall incline.
    • By 28 January, the price of the metal increased marginally to Rs.4,158 per gram as investors shifted to the bullion amidst high safe-haven appeal. However, on 29 January, the price of the metal dipped to Rs.4,153 per gram. This was as investors considered the effect of the virus on the global economy.
    • Gold prices hit its weekly low at Rs.4,116 per gram due to positive data sent from China for their manufacturing of products. An incline in the orders of durable goods from the United States of America also favoured a rise in the dollar value. However, gold bounced back at the end of the week amidst increased Coronavirus fears and closed the month at Rs.4,169 per gram.

    FAQs of Gold Rate in Chandigarh

    1. What is the rate of 24-karat gold in Chandigarh today?

      Ans: The rate of 24-karat gold in Chandigarh is Rs.4,831 per gram as on 11 February 2021.

    2. Will the gold rate in Chandigarh increase or decrease in 2021?

      Ans: The price of gold fluctuates in Chandigarh and India depending on the international price of the metal. The current trend of gold prices in Chandigarh is volatile due to various international factors. It may increase or decrease depending on the economic recovery of India.

    3. What was the lowest price of gold in Chandigarh in 2021?

      Ans: The lowest price of gold was recorded on 5 February at Rs.4,763 per gram on in Chandigarh.

    4. At what rate did gold prices close 2020 in Chandigarh?

      Ans: On 31 December 2020, gold prices in Chandigarh were Rs.5,074 per gram and opened 2021 with a marginal incline at Rs.5,079 per gram.

    Also Check Gold Price in Metro Cities

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    News About Gold Rate in Chandigarh

    • Gold price languishes near 2-week low

      On Thursday, gold price stood near two-week lows pressured by a stronger US dollar. The price of spot gold was unchanged at $1,789.39 per ounce after touching its lowest level August 26 in the previous session. US gold futures eased 0.1% to $1,790.80. The dollar was buoyed by cautious risk sentiment. Among other metals, silver futures declined by 0.1 percent and was trading at $23.94 while platinum and palladium eased 0.4 and 0.2 percent respectively to trade at $975.78 and $2,245.89 per ounce.

      9 September 2021

    • Gold and Silver Prices on 6 august 2021

      October gold contracts were trading 0.09 percent down at Rs.47,850 for 10 grams on the Multi-Commodity Exchange (MCX) on 6 august 2021. Silver futures for September were down 0.24 percent at Rs.67,436 per kilogram.

      9 august 2021

    • Gold stands steady today at Rs.47,500

      India Gold MCX August Futures traded higher on 13 July 2021, Tuesday. This came after the positive trend in the global spot prices. The US Dollar became weaker ahead of the US inflation data.

      There was a marginal rise in the price of spot gold which rose to $1,807.22 per ounce. The dollar index dipped by about 0.1%. On the MCX or the Multi-Commodity Exchange, the August gold was trading higher by 0.16% and stood at Rs.47,850 per 10 grams.

      13 July 2021

    • Decline in price of gold to Rs.46,728 per 10 grams and silver to Rs.67,598 per kg

      At the Multi Commodity Exchange, there was a 4% dip in gold prices to settle at Rs.46,728 per 10 grams while the July futures of silver fell by 6% to settle at Rs.67,598 per kg. Prices of spot gold also fell at the COMEX to settle at $1764 per ounce which was the worst fall in 15 months.

      22 June 2021

    • Gold futures prices fall by 0.05% on 3 June 2021

      The process of gold in India fell on 3 June 2021 due to a flat trend in the international markets. Gold futures prices on MCX fell by 0.05% and were at Rs.49,575 per 10 grams. In the last session, the prices of the yellow metal jumped by 0.32% and hit a five-month high and were at Rs.49,700 for 10 grams. Over the last two months, domestic gold rates have jumped by more than Rs.5,000 for 10 grams. In the global markets, the prices of gold traded flat and were at $1,907.67 for an ounce. Earlier this week, gold prices touched a five-month high and were at $1,916.40 for an ounce.

      3 June 2021

    • Gold prices record an incline in the domestic market; silver prices fall

      Gold prices traded higher on 11 May after the yellow metal traded near its 3-month high in the previous session. The price of the metal increased due to a weaker dollar and the constant rise in COVID-19 cases in India.

      Gold futures on the Multi Commodity Exchange increased by 0.38% to Rs.47,932 per 10 grams while silver rates declined by 0.17% to Rs.71,425 per kg. In the spot market, gold prices were at Rs.47,788 per 10 grams and silver was priced at Rs.71,696 per kg.

      In the international market, spot gold had increased by 0.4% to $1,836.89 per ounce and U.S. gold futures were trading at $1,837.60 per ounce. Silver prices dipped by 0.2% to $27.39 per ounce.

      12 May 2021

    • Gold prices continue to increase in India on 15 April 2021

      Gold prices continued to increase in India on 15 April 2021 after seeing losses earlier in the month. The prices of the yellow metal on MCX jumped by 1% and were at Rs.47,170 for 10 grams. In Delhi, gold prices were at Rs.48,255 for 10 grams. Earlier in April, the prices of the yellow metal hit a one-year low and were at Rs.44,000 for 10 grams. However, gold demand is expected to increase in May due to Akshaya Tritiya. God prices are expected to be around Rs.48,500 by the end of May.

      16 April 2021

    • Gold prices fall flat in the domestic markets

      Gold futures for June delivery were trading flat in the domestic market on 5 April due to a flat trend seen in the international market. With the U.S. dollar showing a strong trend in the market and a positive trend seen in the U.S. Treasury yields, the demand for gold and silver declined.

      Spot gold was trading flat at $1,728.60 per ounce and gold futures increased by 0.1% to $1,729.50 per ounce.

      On the Multi Commodity Exchange, gold contracts for June was trading lower by 0.14% at Rs.45,353 per 10 grams. Silver futures for May was also trading lower by 0.03% at Rs.65,070 per kg.

      In the international market, gold and silver prices showed a positive trend with the former settling at $1,730.45 per ounce and silver may futures trading at $25.03 per ounce.

      6 April 2021

    • Gold gains on the U.S. Fed stance

      The Indian MCX April futures contract rates are now higher after the positive trend in the international spot prices after the U.S. Fed had kept the interest rate unchanged and assured markets on keeping benchmark rates near-zero through 2023.

      On the Multi-Commodity Exchange (MCX), April gold contracts had been trading higher by 0.74% and reached Rs.45,170. May silver futures had been trading 1.1% higher at Rs.67,999.

      Gold and silver traded steady after the U.S. Federal Reserve meeting. Gold April futures contract settled at $1727.20 per troy ounce, and Silver May futures contract settled at $26.06 per troy ounce.

      19 March 2021

    • Yellow metal trades lower; Silver May futures also down over 1%

      The price of gold in India dropped due to muted trend seen in the international spot prices of the precious metal. Prices of silver also fell more than 1%.

      On the Multi-Commodity Exchange (MCX), April gold contracts dropped by 0.57% at Rs.45,050 for 10 grams. May silver futures fell 1.4% lower at Rs.67,786 a kilogram.

      3 March 2021

    • Weekly decline of gold prices halted due to the fall in the dollar index

      After falling for two weeks, gold prices traded higher this week. Crude oil prices fell due to the geopolitical tensions on Iran. Spot gold prices in the international markets jumped by 0.5% and were $1,824 for an ounce. Gold prices in India on MCX jumped by 0.51% and were at Rs.47,318 for 10 grams. This week, the value of the rupee jumped 0.24% against the dollar. Like gold, silver rates increased by 1.63% against the dollar and were at $27.36 for an ounce. In India, silver futures prices for the month of March jumped by 0.55% and were at Rs.69.117 for a kg.

      16 February 2021

    • Gold rates dip for the 4th day in a row

      Gold and silver rates had been lower in Indian markets today amidst a slide in the prices of precious metals in international markets. On the MCX, gold futures dipped 1% and reached Rs.47,310 per 10 gram, and had extended losses to the fourth day. Gold has lost nearly Rs.2,000 per 10 gram amidst a dip in global rates.

      5 February 2021

    • Gold rates fall and reach Rs.51,049 per 10 gram

      Gold rates had dipped by Rs.611 and reached Rs.51,049 per 10 gram in the Mumbai. The metal's safe-haven appeal had been dented by a rebound in the U.S. dollar and also a rise in 10-year U.S. Treasury yield by more than 1%. While the rate price for 10 gram 22-carat gold in Mumbai had been Rs.46,761 plus 3% GST, 10 gram 24-carat gold was being sold at Rs.51,049 plus GST.

      11 January 2021

    • Gold prices continue to remain more than Rs.49,000 for 10 grams

      Gold futures prices for the month of February on MCX continued to remain more than Rs.49,000 for 10 grams on 14 December 2020. The prices of the yellow continued to remain more than Rs.49,000 despite a muted trend in the global markets. Gold futures prices for the month of February fell by 0.47% and were at Rs.49,093 for 10 grams. Gold prices reduced in the international markets last week due to the uncertainties of the stimulus measures being introduced. Gold futures prices in the international markets were at $1,843.70 for an ounce.

      16 December 2020

    • Gold prices retreat on 4 November after hitting highs

      Due to a muted trend in the global markets, the prices of gold fell in India on 4 November. A strong dollar also played a role in affecting gold prices. Gold futures prices for the month of December on MCX fell by 0.38% and were at Rs.51,402 for 10 grams. In the global markets, spot gold prices fell and were at $1,901.72 for an ounce. Compared to various other currencies, the value of the dollar increased. According to several experts, gold rates are expected to be volatile due to the uncertainties in the US elections. Gold futures prices for the month of December in the US were at $1,910.40 for an ounce.

      5 November 2020

    • Gold futures prices fall marginally in India on 20 October 2020

      Gold futures prices on MCX for the month of December fell by 0.29% on 20 October and were at Rs.50,539 for 10 grams. According to various experts, the prices of yellow metal may remain choppy due to the volatility of the dollar. On 19 October, the prices of the yellow metal increased in the country. In the international markets, gold rates were at $1,911.70 for an ounce. The increase in the number of coronavirus cases ensured that individuals purchased gold. Gold prices in India are inclusive of 3% GST and 12.5% import duty.

      21 October 2020

    • Gold prices dip to Rs.50,287 per 10 gram while prices of silver dip to Rs.2,240 per kg

      In the Mumbai retail market, the price of gold dipped by Rs.757 to settle at Rs.50,287 per 10 gram. This was due to the impact of a strong dollar and equity markets. In Mumbai, the price of 10 grams of 24, 22, and 18-carat gold was Rs.50,287, Rs.46,063, and Rs.37,715 respectively plus GST of 3%. The price of spot gold had increased by $10.10 to trade at $1,888.23 per ounce. The prices of silver prices plummeted by Rs.2,240 to settle at Rs.58,872 per kg from the closing price on 6 October. In the futures market, the intraday high of gold was Rs.50,361 while the intraday low of gold was Rs.49,920 on the Multi-Commodity Exchange (MCX). The price of gold in the December series was an intraday low of Rs.48,384 and an intraday high of Rs.56,379. The gold futures for December in the evening trade dipped by 0.87%, or Rs.440, and was priced at Rs.50,086 per 10 gram, with 15,297 lots in business turnover. For February, it dipped by 1.38%, which was a decline of Rs.701, settling at Rs.50,148, with 680 lots in business turnover. The mini-contract for November for gold was lesser by 0.84%, or Rs.424, with 11,582 lots of business turnover.

      8 October 2020

    • Gold prices hit a two-month low due to a strong dollar

      Gold prices hit a two-month low on 24 September 2020 due to a strong dollar. Investors awaiting the US jobless claims data also ensured that the prices of the yellow metal fell. Spot gold prices fell by 0.3% and are at $1,858.08 for an ounce. Earlier, gold prices hit its lowest rate since July and were at $1,853.32 for an ounce. Gold futures prices in the US declined by 0.3% and were at $1,862.30 for an ounce. A frim dollar ensures that the prices of the yellow metal are more expensive for other currency holders. Like gold, silver prices were reduced by 2.8% and are at $22.23 for an ounce.

      24 September 2020

    • Silver and gold prices increase due to a decline in the dollar value

      The price of gold in the country increased by Rs.425 to Rs.51,476 per 10 grams due to the dollar value decreasing in the market. In the international market, gold was priced at $1,940 per ounce due to uncertainty surrounding political tensions and rising COVID-19 cases all over the world.

      24-karat gold in Mumbai was priced at Rs.51,476 per 10 grams. Gold hit an intraday high of Rs.51,580 per 10 grams. Gold futures for October delivery increased by 0.12% to Rs.51,465 per 10 grams for a business turnover of 12,523 lots. Gold prices for December delivery increased to Rs.54 to Rs.51,667 per 10 grams for a turnover of 6,181 lots.

      Silver prices increased by Rs.1,544 to Rs.66,091 per kg on 10 September. In the international market, spot gold was $1,948.13 per ounce.

      14 September 2020

    • Gold price discounts in India jump to highest in 5 months

      Price of gold in India fell severely forcing Gold dealers offer steep discount demands remained low. In India rebates on gold rose to $43 an ounce over official domestic prices, the highest in five months, Reuters reported. In comparison, gold dealers offered rebates of $20 discounts in the previous week. Domestic gold prices in India include 12.5% import and 3% GST.

      Prices of Gold and silver in India surged sharply on Friday, in tandem with a rally in global rates. On MCX, October gold futures rose 1% to Rs.51,399 per 10 gram. But prices of the yellow metal are still about Rs.5,000 per 10 gram as compared to its August 7 highs of Rs.56,200.

      31 August 2020

    • Gold rates slip for the fifth successive session

      In the Indian commodity market, gold rates slipped for the fifth consecutive session on Friday. The drop in the rates was accounted to a mild recovery in global markets. On the Multi Commodity Exchange (MCX), the yellow metal declined by 0.50 percent and was trading at Rs.52,670. The metal had hit an intraday high of Rs.52,700 against the previous close of Rs.52,930 for every 10 gram. In the overseas market, the price of gold stayed flat after yesterday’s pullback as the dollar slipped. Spot gold rates were down by 0.1 percent and was retailed for $1,952.01 ounce. US gold and Comex gold was trading flat at $1,960 and $1,956 per ounce.

      Silver recorded a drop of 1.1 percent to be trading at $27.26 per ounce. The precious metal snapped its 9-week winning streak after recording a drop of 3.5 percent over the week. On the MCX, silver September futures were trading at Rs.70,512 per kg after recording a drop of Rs.565. It must be noted here that the white metal had hit a lifetime high of Rs.77,949 in last Friday’s session.

      14 August 2020

    • Gold's rally moving close to $2,000 per ounce level due to geopolitical tensions

      In the last one year and, the prices of spot gold have increased by 53% to cross the record highs of 211 at $1,920.30 an ounce after being priced at $1,943 an ounce on 27 July. The dip in the dollar value to its two-year low has resulted in the increased safe-haven demand of the metal in the market.

      With constant economic uncertainty due to COVID-19 along with persistent tensions between various countries, the value of the metal has risen. Moreover, the continuous stimulus packages being released by the central banks and repo rates being cut down has boosted the bullion market’s demand and value.

      With fears of inflation, risk appetite amongst investors has dipped greatly and has made gold as an investment more attractive given the market trend.

      28 July 2020

    • Gold prices increase due to the rise in new COVID-19 cases all over the world

      On 16 June, gold prices increased substantially due to the rise in the number of new COVID-19 cases in the country. The price of the metal increased by Rs.150 or 0.32% to Rs.47,176 per 10 grams as the total number of COVID-19 cases all over the world crossed 8 million with what is expected to be a second wave of the novel virus.

      With the number of cases rising in Latin America, China and the United States of America, silver futures as well, saw a surge in prices by Rs.287 or 0.61% to Rs.47,680 per kg. This surge in prices could be a recovery to the fall in the metal’s value on 15 June when the yellow metal dipped to Rs.47,900 per 10 grams in the National Capital Region. According to HDFC Securities, silver prices also saw a decline to Rs.48,200 per kg, dipping by Rs.590 per kg.

      As the United States Federal Reserve announced that it would purchase individual corporate bonds in the secondary market, gold trends firmed boosted by the weak value of the U.S. dollar in the market. Spot gold was valued at $1,725.23 per ounce and U.S. gold futures increased to $1,733.60 per ounce, rising by 0.4%.

      17 June 2020

    • Prices of gold in India reduce three times in the last four days

      The prices of gold reduced in India on 28 May 2020 even though the prices of the yellow metal increased in the international markets. Gold prices have fallen for the third time in the last four days.

      Gold futures prices for the month of June on MCX reduced by 0.25% and are at Rs.46,416 for 10 grams. In the last session, gold prices increased by 0.27%. In India, the prices of the yellow metal are inclusive of 3% GST and 12.5% import duty. Earlier in May, the prices of gold hit record highs and were at Rs.47,980 for 10 grams. According to various news agencies, jewellery shops have opened in several parts of the country. Shops were closed for the last two months. The demand for gold has been hurt due to the coronavirus outbreak and the subsequent lockdown. In the international markets, the prices of gold increased due to the tensions between China and the US. Spot gold prices increased by 0.2% and were at $1,711.35 for an ounce. In the previous session, spot gold prices hit a two-week low. There was support for gold because of the various measures introduced by Central Banks as well. According to note provided by Kotak Securities, the prices of gold have corrected after hitting record highs. The note further added that there are expectations to buy the yellow metal at lower levels due to the tensions between China and the US.

      28 May 2020

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