Gold Rate In Ghaziabad Today

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Gold Price in Ghaziabad

Ghaziabad is also called as Gateway of Uttar Pradesh as it is close to New Delhi and it acts as the main entrance of Uttar Pradesh. It is a planned industrial city that is connected by the roads and railways. There are a large number of commercial and residential projects coming up along the national highway 24.

With the increase in the residential projects and population, people of Ghaziabad have a passion for buying gold. Most of the jeweler's supply pure BIS Hallmarked gold and offer a wide range of designs and models. Currently gold is being viewed as a safe haven asset all over the world. People residing in Ghaziabad are investing in the precious metal.

Trend of Gold Rate in Ghaziabad for April 2020 to June 2020 (per gram of 24 karat gold)

Trend of Gold Rate in Ghaziabad for January 2020 to March 2020 (per gram of 24 karat gold)

Gold investment avenues in Ghaziabad

Gold is the most common item found in every household in India. People buy gold as an investment or to wear it for various important occasions. Gold sales peak during wedding season, festivals, etc. Since gold is treated as a safe haven asset, investors also buy gold to protect themselves from the market fluctuations. Gold can be brought in Ghaziabad in the following ways:

• Over the counter purchases:

  This is the most traditional way of buying gold. People prefer looking at the jewellery and trying it on before actually buying it. There are a various jewellers in the city from where people of Ghaziabad can buy gold based on their need. You can also buy gold coins and bars from the jewellers as well as the banks. When you buy gold from the bank it is costlier as you get purity certificate.

• Market trade:

  Gold can now be purchased from the comforts of your home now. You have access to E-gold, futures and ETFs. You must know that trading in gold is subject to risk. E-gold trade can be done through National Spot Exchange. ETFs are traded on Bombay Stock Exchange.