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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)
Factor | April | May | June |
First Day | Rs.4,253 per gram | Rs.4,699 per gram | Rs.4,799 per gram |
Last Day | Rs.4,761 per gram | Rs.4,799 per gram | Rs.4,961 per gram |
Highest Price | Rs.4,846 per gram on 29 April 2020 | Rs.4,883 per gram on 18 and 19 May 2020 | Rs.4,961 per gram on 30 June 2020 |
Lowest Price | Rs.4,253 per gram from 1 April to 20 April 2020 | Rs.4,646 per gram on 2 May 2020 | Rs.4,725 per gram on 8 June 2020 |
Trend | Incline | Incline | Incline |
Change | 11.94% | 2.12% | 3.38% |
Trend of Gold Rate in Ghaziabad for January 2020 to March 2020 (per gram of 24 karat gold)
Factor | January | February | March |
1st Day | Rs.3,995 per gram | Rs.4,169 per gram | Rs.4,274 per gram |
Last Day | Rs.4,169 per gram | Rs.4,368 per gram | Rs.4,253 per gram |
Highest Price | Rs.4,211 per gram on 9 January | Rs.4,394 per gram on 25 and 26 February | Rs.4,536 per gram on 7 March |
Lowest Price | Rs.3,995 per gram on 1 January | Rs.4,116 per gram on 7 February | Rs.4,111 per gram on 20 March |
Trend | Incline | Incline | Decline |
Change | 4.35% | 4.77% | -0.49% |
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:
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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.
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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.
Also Check Gold Price in NearBy Cities of Ghaziabad
- Also Check: Gold Rate in Uttar Pradesh
Read more on Gold
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- Significance Of Indian Jewellery
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