Gold Rate in Daman and Diu Last Updated : 25 May 2022

  • Today's Gold Rate in Daman and Diu( 25 May 2022 )

    ₹ 4,819
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Daman and Diu (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,819 ₹ 4,809 ₹ 10 ↑
    Standard Gold (22 K) ( 8 grams ) ₹ 38,552 ₹ 38,472 ₹ 80 ↑
    Pure Gold (24 K) ( 1 gram ) ₹ 5,060 ₹ 5,049 ₹ 11 ↑
    Pure Gold (24 K) ( 8 grams ) ₹ 40,480 ₹ 40,392 ₹ 88 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    24 May 2022 ₹ 4,819 ₹ 38,552 ₹ 5,060 ₹ 40,480
    23 May 2022 ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    22 May 2022 ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    21 May 2022 ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    20 May 2022 ₹ 4,774 ₹ 38,192 ₹ 5,013 ₹ 40,104
    19 May 2022 ₹ 4,734 ₹ 37,872 ₹ 4,971 ₹ 39,768
    18 May 2022 ₹ 4,714 ₹ 37,712 ₹ 4,950 ₹ 39,600
    17 May 2022 ₹ 4,759 ₹ 38,072 ₹ 4,997 ₹ 39,976
    16 May 2022 ₹ 4,739 ₹ 37,912 ₹ 4,976 ₹ 39,808
    15 May 2022 ₹ 4,739 ₹ 37,912 ₹ 4,976 ₹ 39,808

    Weekly & Monthly Graph of Gold Rate in Daman and Diu (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 Daman and Diu

    Investing in gold in India, to the average Indian, means purchasing gold jewelry and/or ornaments. At least this is what it is in the traditional sense, but a new wave of information and awareness is bringing India to the forefront of investments in gold as a tradable commodity. In Daman and Diu, the perception of gold is changing from jewelry to high-valued investment option.

    Also check : 22 carat Gold Rate

    Trend of Gold Rate in Daman and Diu for till 10 March 2022 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    March 1 Rate Rs.5,422 per gram
    March 10 Rat Rs.5,157 per gram
    Highest Rate in March Rs.5,637 per gram
    Lowest Rate in March Rs.5,157 per gram
    Overall Performance Decline
    Percentage Change 5.13% ?

    Trend of Monthly Gold Rate in Daman and Diu for March 2022

    • At the start of the March month, the gold price in Daman and Diu was Rs.5,422 per gram. When compared to the closing price of February, there was an increase of Rs.614 for every gram in the city.
    • The price of the yellow metal witnessed fluctuations in the city over the month. The precious metal recorded the highest price at Rs.5,637 per gram and lowest price at Rs.5,157 per gram.
    • Gold prices in Daman and Diu on 10 March 2022 are Rs.5,157 per gram. The overall performance till now witnessed a declining trend with the percentage change recorded in the rates standing at -5.13%.

    Trend of Gold Rate in Daman and Diu for February 2022 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    February 1 Rate Rs.5,140 per gram
    February 28 Rate Rs.4,808 per gram
    Highest Rate in February Rs.5,179 per gram
    Lowest Rate in February Rs.4,808 per gram
    Overall Performance Decline
    Percentage Change 6.9%?

    Trend of Monthly Gold Rate in Daman and Diu for February 2022

    • At the start of the month, gold price in Daman and Diu was Rs.5,140 per gram. When compared to the closing price of January, there was an increase of Rs.256 for every gram in the city.
    • The price of the yellow metal witnessed fluctuations in the city over the month. The precious metal recorded the highest price at Rs.5,179 per gram and lowest price at Rs.4,808 per gram.
    • Gold price in Daman and Diu closed the month of February at Rs.4,808 per gram. The overall performance witnessed a declining trend with the percentage change recorded in the rates standing at –6.9%.

    Trend of Gold Rate in Daman and Diu for January 2022 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    January 1 Rate Rs.4,805 per gram
    January 31 Rate Rs.4,884 per gram
    Highest Rate in January Rs.4,957 per gram on 26 January
    Lowest Rate in January Rs.4,774 per gram on 10 January
    Overall Performance Decline
    Percentage Change -1.16%

    Trend of Monthly Gold Rate in Daman and Diu for January 2022

    • At the start of the month, gold price in Daman and Diu was Rs.4,805 per gram. When compared to the closing price of December, there was a decrease of Rs.53 for every gram in the city.
    • The price of the yellow metal witnessed fluctuations in the city over the month. The precious metal recorded the highest price at Rs.4,957 per gram and lowest price at Rs.4,774 per gram
    • Gold price in Daman and Diu closed the month of January at Rs.4,884 per gram. The overall performance witnessed a declining trend with the percentage change recorded in the rates standing at -1.16%.

    Trend of Gold Rate in Daman and Diu for December 2021 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    December 1 Rate Rs.4,844 per gram
    December 31 Rate Rs.4,835 per gram
    Highest Rate in December Rs.4,933 per gram
    Lowest Rate in December Rs.4,809 per gram
    Overall Performance Decline
    Percentage Change -0.18%

    Trend of Monthly Gold Rate in Daman and Diu for December 2021

    • Gold price in Daman and Diu at the start of December was Rs.4,844 per gram. Compared to previous month’s closing price, the rate of the yellow metal was up by Rs.84 for every gram.
    • In the month of December, the price of the yellow metal witnessed fluctuations in the city. The precious metal recorded the highest price at Rs.4,933 per gram and lowest price at Rs.4,809 per gram
    • The yellow metal closed the month at Rs.4,835 per gram. Gold’s overall performance in the city witnessed a declining trend. The percentage change recorded in the rates stood at 0.18%.

    Trend of Gold Rate in Daman and Diu for November 2021 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    November 1 Rate Rs.4,811 per gram
    November 31 Rate Rs.4,760 per gram
    Highest Rate in November Rs.4,958 per gram
    Lowest Rate in November Rs.4,760 per gram
    Overall Performance Decline
    Percentage Change -1.07%

    Trend of Monthly Gold Rate in Daman and Diu for November 2021

    • Gold price in Daman and Diu at the start of December was Rs.4,811 per gram.
    • In the month of November, the price of the yellow metal witnessed fluctuations in the city. The precious metal recorded the highest price at Rs.4,958 per gram and lowest price at Rs.4,760 per gram.
    • The yellow metal closed the month at Rs.4,835 per gram. Gold’s overall performance in the city witnessed a declining trend. The percentage change recorded in the rates stood at 0.18%.

    Also check : Gold Rate in Pondicherry

    Buying Gold in Daman and Diu

    When buying gold in Daman and Diu, it is highly recommended that you buy from a well-established and certified dealer. Ensure that the gold is marked, stamped, engraved or in some way certified and determined to be authentic gold of whichever purity you choose – 22 karat or 24 Karat Gold. Make sure that you also get a certificate of authenticity which contains details of purity, gold rate on the date of purchase and the amount of gold purchased – along with the gold.

    Ways to invest in Gold in Daman and Diu

    You can invest in the following ways in gold:

    Gold coins: After gold jewellry and ornaments, gold coins are the most common type of gold that’s purchased as an investment (especially in India). Gold coins are available in various weights like 1 gram, 2 grams, 5 grams, 10 grams, etc. and represent smaller investments than, say, gold bullion. Your investments will be subject to the same market factors that affect the price of all types of gold, but your risk will be significantly lesser as the denominations are lower, and coins can be purchased at any time during the year. Purchasing a few coins, a month of a standard weight can be used to average out the gold price you’ve paid as the average gold price in India in that particular year. Gold coins are easy to acquire and provide a way for low- and medium-income groups to invest in gold as a commodity.

    Gold bullion: Standard-sized pieces of gold, gold bars (like in the movies) and gold tablets fall under the definition of gold bullion. Gold bullion is bought primarily as an investable commodity, in larger quantities, from a certified authority. It is generally traded in weightages over 500 grams, the most common being 1 kilo. Gold bullion also facilitates international gold trading and is one of the most common ways in which gold is transferred overseas, apart from gold ownership certificates. Most types of gold bullion are internationally tradable.

    Jewelry & Ornaments: Are bought and sold in India at the drop of a hat, for weddings, naming ceremonies, festivals, etc. and are the most common form of gold in the country. It should be noted that when gold is shaped into ornaments and jewelry, it is sometimes mixed with an alloy to allow for greater malleability, which results in the loss of some purity. Gold in this form has utility as a gift, a daily use item and also as a means of preserving the asset value, should the need arise to sell it.

    It’s very important to read up on the factors that affect the gold rate, such as the strength of the US Dollar, demand versus supply, international currency movements, etc. before deciding on the right time to invest. Investing and trading in gold is an activity centered on the right timing.

    FAQ's on Gold Rate in Daman and Diu

    1. When would be the best time to purchase gold?

      Gold can be purchased at any given time as per your needs. However, it is important that you check the purity of gold before buying it.

    2. How does 24 karat gold differ from 22 karat gold?

      No additional metals are added to 24 karat gold, while additional metals apart from gold are added to 22 karat gold. The percentage of pure metal in the case of 22 karat gold is around 92.

    3. What factors determine the price of gold in India?

      Gold prices in India depend on the rates of the yellow metal in the international markets, inflation, economic stability, import costs, and the value of the rupee against the dollar.

    4. Will the prices of gold differ from city to city?

      Yes, the prices of gold will be different in every city. The main reasons for the prices to vary in every city are transportation costs, the amount of gold that has been bought, and local taxes.

    5. Why is 24 karat gold not used for making jewellery?

      The 24-karat gold is of the highest purity and is very soft. This softness allows the yellow metal to be easily drawn into wires and beaten into sheets. Because of this exceptional softness, it is difficult for a jeweller to craft intricate jewellery pieces with 24 karat gold.

    6. How gold prices are gold determined?

      The gold prices are affected by various external factors such as the rate of Indian currency with respect to US dollar, price of oil, important political events, etc. The internal factors such as the policies introduced by the government, interest rate, the demand for gold, etc., also have an impact on gold prices in India.

    7. Do the interest rates on fixed deposits affect gold prices?

      Yes, gold prices are affected by the interest rates on fixed deposits.

    Also Check Gold Price in Metro Cities

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