Gold Rate in Guwahati Today _{Last Updated : 28 Nov 2022}

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Today's Gold Rate in Guwahati

Guwahati, the largest city and fastest growing city of Assam has a strong bond with gold dating back to centuries. This city becomes a hub for gold lovers during festivals like Danteras and Diwali, attracting people from nearby towns and states. With business enterprises discovering Guwahati, there are increased job opportunities for residents here, leading to higher disposable incomes. Better incomes offer investment opportunities for people, which is where gold steps in, as the most preferred form of investment here. Gold rates in Guwahati are a reflection of international gold rate today, with prices varying according to the politico-economic scenario in the country.

Gold jewellery continues to be a favourite among Guwahati residents, with gold coins, bars, ETFs and E-gold slowly gaining popularity.

Trend of Gold Rate in Guwahati for October 2022

September 2022 Gold Rate in Guwahati

Trend of Monthly Gold Rate in Guwahati for September 2022

• For the month of September, the opening rate for gold in Guwahati was Rs.5,035 per gram. However, during the following few days, the prices decreased and, by the end of the month, they had stabilised at Rs.5,014 per gram.
• On 6 September 2022, the price of the precious metal peaked at Rs.5,061 per gram. On 27 September 2022, one gram of gold was being sold for Rs.4,930, which was the lowest price ever recorded for gold.
• Gold prices fell by 0.41% in August in September.

Trend of Monthly Gold Rate in Guwahati for August 2022

Trend of Monthly Gold Rate in Guwahati for August 2022

• For the month of August, the opening rate for gold in Guwahati was Rs.5,108 per gram. However, during the following few days, the prices decreased and, by the end of the month, they had stabilised at Rs.5,103 per gram.
• On 14 and 15 August, the price of the precious metal peaked at Rs.5,208 per gram. On 23 August, one gram of gold was being sold for Rs.5,087, which was the lowest price ever recorded for gold.
• Gold prices fell by 0.09% in August in Guwahati.

July 2022 Gold Rate in Guwahati

Trend of Monthly Gold Rate in Guwahati for July 2022

• On 1 July 2022, the price of gold in Guwahati was Rs.5,192 per gram. Gold rates fluctuated throughout the month and closed at Rs.5,129 for a gram.
• The price of gold in Guwahati witnessed a fluctuating trend in the city over the next few days. The highest price for the month was Rs.5,224 on 5 July.
• Gold prices in Guwahati recorded the lowest for the month on 18 July when a gram of the 24-karat gold was being traded for Rs.5,030. The overall performance of the yellow metal witnessed a declining trend wherein the percentage change stood at 1.21%.

June 2022 Gold Rate in Guwahati

Trend of Monthly Gold Rate in Guwahati for June 2022

• In Guwahati, the month of June opened with gold price standing at the rate of Rs.5,161 per gram.
• The price of gold in Guwahati witnessed a fluctuating trend in the city over the next few days. The highest price for the month was Rs.5,261 on 13 June.
• Gold prices in Guwahati recorded the lowest for the month on 30 June when a gram of the 24-karat gold was being traded for Rs.5,072. The overall performance of the yellow metal witnessed a declining trend wherein the percentage change stood at 1.72%.

Gold investment avenues in Guwahati

Gold forms an integral part of investments in Guwahati, with different options available to residents to suit their requirements.

Over-the-counter - Gold jewellery, coins and bullion still remain the preferred mode of gold investments in Guwahati, with a number of jewellers and banks offering products for every budgets. Gold prices for products purchased through banks could be higher than prices offered by jewellers on account of quality assurance. GS road is considered a hub for gold jewellers, with stores like Manikchand Jewellers offering a multitude of products to gold enthusiasts.

Market trade - Another avenue which is slowly finding acceptance in Guwahati is E-gold, futures contracts and Exchange Traded Funds, with ETFs being considered a safe investment option.

Check Gold Price in NearBy Cities of Guwahati

FAQs on Gold Rate in Guwahati

1. What are important things to know when I purchase gold in Guwahati?

   Some of the factors that you must consider before purchasing gold in Guwahati are ensuring you collect a receipt once the gold has been purchased, understanding the buy-back terms, understand the various purity levels, checking the prices, and ensuring that the gold that is purchased has the BIS mark.

2. What factors determine gold rates in Guwahati?

   Demand, interest rates, and the value of the rupee against the dollar determine gold rates in Guwahati.

3. Is there any difference between 22 carat gold and 24 carat gold?

   Yes, 22 carat gold contains other metals apart from gold, while 24 karat gold contains does not contain any other metals.

4. Will the prices of gold in Guwahati be the same as in the rest of the cities in India?

   No, the prices of gold in Guwahati will be different from the other cities in India because of local taxes.

5. Can fixed deposit interest rates impact the prices of gold in Guwahati?

   Yes, any change in the fixed deposit interest rates can impact the prices of gold in Guwahati.

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