Gold Rate Today in Faridabad Last Updated : 02 Dec 2022

Faridabad is located in the state of Haryana and is the state's largest city. It is considered to be one of the main industrial hubs of the National Capital Region, which surrounds New Delhi, Noida and Gurgaon.

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  • Today's Gold Rate in Faridabad (02 Dec 2022)

    ₹ 4,985
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 4,985 ₹ 4,965 ₹ 20 ↑
    Standard Gold (22 K) (8 grams) ₹ 39,880 ₹ 39,720 ₹ 160 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,234 ₹ 5,213 ₹ 21 ↑
    Pure Gold (24 K) (8 grams) ₹ 41,872 ₹ 41,704 ₹ 168 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    01 Dec 2022 ₹ 4,985 ₹ 39,880 ₹ 5,234 ₹ 41,872
    30 Nov 2022 ₹ 4,965 ₹ 39,720 ₹ 5,213 ₹ 41,704
    29 Nov 2022 ₹ 4,955 ₹ 39,640 ₹ 5,203 ₹ 41,624
    28 Nov 2022 ₹ 4,965 ₹ 39,720 ₹ 5,213 ₹ 41,704
    27 Nov 2022 ₹ 4,965 ₹ 39,720 ₹ 5,213 ₹ 41,704
    26 Nov 2022 ₹ 4,965 ₹ 39,720 ₹ 5,213 ₹ 41,704
    25 Nov 2022 ₹ 4,965 ₹ 39,720 ₹ 5,213 ₹ 41,704
    24 Nov 2022 ₹ 4,965 ₹ 39,720 ₹ 5,213 ₹ 41,704
    23 Nov 2022 ₹ 4,935 ₹ 39,480 ₹ 5,182 ₹ 41,456
    22 Nov 2022 ₹ 4,945 ₹ 39,560 ₹ 5,192 ₹ 41,536

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

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    • 6 Months

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Gold Price Today in Faridabad

    From a geographic and political standpoint, Faridabad is also considered to be a much sought after location for companies to set up operations. With a population of around 2 million, Faridabad is a hot bed for gold demand due to the fairly high earning capacity of its residents, who purchase gold for a variety of reasons, such as weddings, social gatherings and much more.

    Gold Investment Avenues In Faridabad

    Gold is generally in high demand in Faridabad due to it being a safe investment. It is also seen as an asset that can be readily exchanged for money. In Faridabad, gold is bought and given as gifts on auspicious days such as weddings and during certain religious festivals. Gold can be bought or traded easily in Faridabad through a number of avenues and outlets such as:

    Over-the-counter - The easiest and most convenient way to purchase gold in Faridabad is by visiting any of the local gold and jewellery stores. These stores offer customers different varieties of gold in various forms at reasonable prices, in line with the market rates. By purchasing gold prices today at any of the local outlets, customers get the chance to make informed decisions based on the authenticity and purity of the gold on display.

    Market Trade - With time at a premium for most of Faridabad's working class, individuals looking to invest in gold can do so online by trading in Gold ETFs or Gold Mutual Funds by simply opening a trading account. These investments can be traded via the stock exchange right from the comfort of the home of the individual or through a broker.

    FAQs on Gold Rate in Faridabad

    1. What are some of the brands from whom I can purchase gold in Faridabad?

      Some of the brands through which you can purchase gold from are PC Chandra Jewellers, Tanishq, TBZ, Kalyan Jewellers, , Malabar Gold and Diamond, Joyalukkas Jewellers, etc.

    2. How is the price of gold determined in Faridabad?

      There are various factors that determine the cost of gold in India. The performance of gold in the global markets, rate of interest, demand for gold, government policy, etc. determine the price of gold in India. Change in currency rates especially of Indian rupee with respect to US dollars, oil prices, and even political factors determines any change in the price of gold that you may witness over a period of time.

    3. What are the things that I must look for when purchasing gold in Faridabad?

      Some of the things that you must keep in mind when purchasing gold are the weight of the precious metal, hallmark, the maker of the gold, etc.

    4. Is the price of Faridabad gold inversely proportional to the change in rates of US dollar?

      Yes, the rate of gold is inversely proportional to the change in rates of US dollar. If the price of US dollar falls then the price of gold rises and vice versa. The reason being that gold is considered to be a safe haven and less volatile in nature. Hence, whenever the rate of US dollar falls, the investors turn to gold and invest in it to make profit.

    5. How to check whether the Faridabad Gold I have purchased is real?

      One of the easiest ways to check whether the gold purchased by you is real or not is to conduct the float test. In this test, you must take your gold ornament and immerse it in a bowl of cold water. If your gold ornament sinks to the bottom of the bowl, then it is real because the density of the precious metal is high, otherwise it is fake or your item is plated with gold. The other way to check the authenticity of your gold is by bringing it close to a magnet. If the metal sticks to the magnet, then your ornament is fake gold. Real gold will not stick to the magnet.

    6. What is the difference between 22-karat and 24-karat gold in Faridabad?

      The difference between a 24-karat gold and a 22-karat gold is while the former is considered to be the purest form of precious metal available as no other metal is mixed with it, a 22-karat gold may contain some amount of metal which may affect its overall purity as well as its price. Overall, the cost of a 24-karat gold will be higher than a 22-karat gold.

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