Gold Rate In Chhattisgarh Today _{Last Updated : 28 May 2022}

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Today's Gold Price In Chhattisgarh

Chhattisgarh is a centrally located state in India which is extremely rich in culture and boasts of various folk music and dance forms. Due to the cultural strength and heritage in the country and the vivacious lifestyle, clothing and jewelery, gold is an integral part of their culture. However, in Chhattisgarh similar to other states in the country the rates are based on the prices around the region and fixed on the basis of the gold rates from the other parts of the country. Here, you will read about the general trend and rates of gold in the state.

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Gold Rate Trend in Chhattisgarh from January 2022 to March 2022 (per gram of 24 karat gold)

Quarterly Gold Rate in Chhattisgarh from January 2022 to March 2022

• In Chhattisgarh, the price of gold opened at Rs.4,895 per gram in January. Over the month, the prices fluctuated and settled at Rs.4,837 per gram by the end of the month. Overall, the performance of gold in the state was one of decline with a percentage change of 1.18% in January.
• Gold prices opened at Rs.4,837 per gram for the month of February. Gold reached its highest price point of Rs.5,095 per gram on 24 February.
• Gold rates in March opened at Rs.5,106 per gram. The month ended with the metal reaching Rs.5,089 per gram. The gold performance in Chhattisgarh jumped by 1.45% over the course of the month.

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Gold as an investment in Chhattisgarh

When it comes to a safe investment option, Gold is generally one of the first things that comes to one’s mind. In Chhattisgarh too the yellow metal is considered an investment option that is lower on risk factors, primarily based on the fact that it is highly affordable and culturally significant as mentioned before. Most families find this metal auspicious, and make it an integral part of their lifestyle especially in family functions such as weddings and Dhanteras season. gold definitely is the more expensive option when it comes to gold but it is an investment opportunity especially for people who are looking to build wealth over the years or through trading. Investors in this part of the country also find it an integral part of their investment portfolio along with stock market and mutual fund investments. Investors have various options for gold trading through gold contracts and physical gold.

Physical Gold: If you are buying gold in Chhattisgarh, you have a variety options. This includes buying gold coins from jewelers as well as banks who offer products that are variegated in prices based on individual’s investment requirement and budget. Gold ornaments include chains, anklets, earrings, amulets, nose rings and rings which serve both as an investment along with being an accessory. Gold statues of gods and goddesses are also popular in chhattisgarh, with their demand peaking during festivals and religious processions during Akshaya Tritiya and Ganesh chaturthi. Gold in banks are slightly more expensive. But then again you have the advantage of gold that is certified and checked and you can be assured about the purity.

Market Trade: In this state you can purchase One can purchase gold through the markets, with gold being traded in the National Multi Commodity Exchange, National Commodity and Derivatives Exchange and the Multi Commodity Exchange. This is apt for individuals willing to purchase gold in bulk, with the minimum trading limit being set at 1 kg in general. It a viable option for people who are well aware of the gold market and all that affects it.

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