Gold Rate In Haryana

  • Today's Gold Rate in Haryana ( 26 May 2020 )

    ₹ 4,600
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,600 ₹ 4,610 ₹ -10 ↓
    Standard Gold (22 K) ( 8 grams ) ₹ 36,800 ₹ 36,880 ₹ -80 ↓
    Pure Gold (24 K) ( 1 gram ) ₹ 4,830 ₹ 4,841 ₹ -11 ↓
    Pure Gold (24 K) ( 8 grams ) ₹ 38,640 ₹ 38,728 ₹ -88 ↓

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    26 May 2020 ₹ 4,600 ₹ 36,800 ₹ 4,830 ₹ 38,640
    24 May 2020 ₹ 4,610 ₹ 36,880 ₹ 4,841 ₹ 38,728
    23 May 2020 ₹ 4,610 ₹ 36,880 ₹ 4,841 ₹ 38,728
    22 May 2020 ₹ 4,620 ₹ 36,960 ₹ 4,851 ₹ 38,808
    21 May 2020 ₹ 4,620 ₹ 36,960 ₹ 4,851 ₹ 38,808
    20 May 2020 ₹ 4,620 ₹ 36,960 ₹ 4,851 ₹ 38,808
    19 May 2020 ₹ 4,650 ₹ 37,200 ₹ 4,883 ₹ 39,064
    18 May 2020 ₹ 4,650 ₹ 37,200 ₹ 4,883 ₹ 39,064
    17 May 2020 ₹ 4,610 ₹ 36,880 ₹ 4,841 ₹ 38,728

    Weekly & Monthly Graph of Gold Rate in Haryana

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    *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 Rate in Haryana

    Gold rates in Haryana depend on various factors such as gold imports, current account deficit of India, global oil prices, strength of the dollar and US Fed interest rate rike among others. The price of the yellow metal touched a 4-year low in India and over a five-year low across the globe this year. About 60% of the demand for gold originates from rural India. Consequently, crop failure, inadequate monsoon and decreasing purchasing power will invariably hit gold sales, especially during weddings, according to experts.

    Most consumers in Haryana buy gold jewellery for special occasions such as Dhanteras and Akshaya Tritiya. In Gurgaon, customers buy more gold coins than jewellery during auspicious days. Buying silver idols of Ganesh and Lakshmi and coin on Dhanteras is commonplace. Many jewellers in Haryana accept bookings for new jewellery weeks in advance to deliver them on the auspicious day of Akshaya Tritiya.

    Gold is, by and large, preferred to bank deposits as a savings and investment instrument in several villages and towns across India including Haryana. However, according to Crisil, the price of gold fell 7.80 per cent in July this year.

    Trend of Gold Rate in Haryana for April 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    March 1 Rate Rs.4,253 per gram
    March 31 Rate Rs.4,761 per gram
    Highest Rate in March Rs.4,846 per gram on 29 April
    Lowest Rate in March Rs.4,253 per gram from 1 - 20 April
    Overall Performance Incline
    Percentage Change 11.94%

    Trend of Monthly Gold Rate in Haryana for April 2020:

    • The gold prices in the state of Haryana for the month of April opened at a Rs.4,253 for 24 Karat gold. This price remained constant for the first 20 days of the month. The reason behind prices remaining steady was due to global trends surrounding the coronavirus pandemic. Countries all over the world were forced go into lockdown and practice social distancing norms as fears of a global recession loomed large due to the coronavirus, due to which the global market suffered. However, while traders moved towards more safe-haven investments such as bullions, the prices were held back from rising exponentially due to the dollar holding strong on the back of several economic stimulus measures announced by the US Federal Reserve as well as the central banks of almost every other country.
    • As mentioned earlier, the price of gold remained steady at Rs.4,253 per gram for 24 Karat gold for the entire week. There was tentative pull towards equities after reports of a slowdown in coronavirus-related deaths coming in from several parts of the world emerged. However, investors decided to turn to gold as a safe-haven investment because of the ever-widening reach of the coronavirus which continued to impact the global economy.
    • In the third week of April, gold continued to remain unchanged at Rs.4,253 per gram for 24 Karats, which by now was also the lowest price for gold in the month of April. The price of gold was impacted due to the release of the US payroll data which confirmed a bleak prognosis for the economy as the true impact of the virus became clear with almost every state in the US continuing to be on lockdown. The investors turned to yellow metal after US crude oil futures plummeted to historic lows. The investors continued to be wary of equities and preferred to stick to bullions instead. This was also in response to increasing fears of a global recession which lowered the risk appetite of investors around the world.
    • In the last week of April, the prices of gold suddenly started changing, rising abruptly to Rs.4,792 per kg for 24 Karat at the beginning of the fourth week. This was an abrupt increase from the Rs.4,253 that it had remained on for almost 20 days previously. Gold touched its highest price point of Rs.4,846 per gram on 29 April. This was in response to the continuing havoc created due to the impact of Covid-19 around the world with the death toll remaining high. Along with the US dollar weakening, optimism of the economy reopening in the US and other countries also went down, forcing the investors to turn to precious metals as a safe haven in volatile times. The overall trend for gold in Haryana in April thus remained on a firm incline of 11.94% throughout.

    Trend of Gold Rate in Haryana for March 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    March 1 Rate Rs.4,274 per gram
    March 31 Rate Rs.4,253 per gram
    Highest Rate in March Rs.4,536 per gram on 7 March
    Lowest Rate in March Rs.4,111 per gram on 20 March
    Overall Performance Decline
    Percentage Change -0.49%

    Gold Rate Trend in Haryana for March 2020:

    • In Haryana, gold opened the month of March at Rs.4,274 per gram. Compared to the closing price of the previous month, the rates were down by Rs.94 for every gram. The opening week saw the rates of the precious metal climb as investors hoped that the US Federal Reserve will cut the interest rates to combat the impact of coronavirus on the economy.
    • Gold rates slipped in the state over the second week as traders resorted to selling off their assets in order to hoard cash. Having recorded its highest rate for the month on 7th March, gold prices dropped to Rs.4,431 per gram on 13th March.
    • In the third week, the rates of gold fluctuated as investors continued to liquidate their positions in the precious metal despite measures taken by global central banks to combat the impact of coronavirus pandemic. The yellow metal recorded its lowest price on 20th March with every gram of the 24-karat gold costing Rs.4,111 in the state.
    • The rates of gold remained steady over the final week after climbing marginally on 22nd March. Gold closed the month at Rs.4,253 per gram in Haryana with the overall performance witnessing a declining trend of 0.49% in the prices.

    Trend of Gold Rate in Haryana for February 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    February 1 Rate Rs.4,169 per gram
    February 29 Rate Rs.4,368 per gram
    Highest Rate in February Rs.4,394 per gram on 25 and 26 February
    Lowest Rate in February Rs.4,116 per gram on 7 February
    Overall Performance Incline
    Percentage Change 4.77%

    Gold Rate Trend in Haryana for February 2020:

    • Gold opened at Rs.4,169 per gram for 24 karat in Haryana with prices gaining steadily and prices peaking to the highest in five months since safe-haven investments were looking up following the coronavirus epidemic that had now spread globally.
    • In the first week itself, however, gold fell from its 4-week high as China slashed repo rates and started injecting liquidity into the markets in order to boost the economy that was being impacted by the virus. The virus scare also hit sales in physical gold markets, bringing down the rates just as the US dollar recovered, thus reducing some of its appeal as a safe-haven investment. The lowest rate in February was in this week, on 7 February, at Rs.4,116 per gram for 24 karat.
    • In the second week, with the coronavirus claiming more lives around the world and fresh cases being reported, the appeal of gold as a safe haven only increased again. Asian stock markets ticked even lower than previous weeks.
    • In the third week of February, gold again reached a two-week high with rising fears around the coronavirus amplified by Apple’s announcement about a shortfall in its sales that resulted in a slump in global equities.
    • By the fourth week, gold had hit its highest rate on 25 and 26 February of Rs.4,394, reaching a 7-year high on the back of a US warning about the coronavirus spiking demand for safe-haven investments. Overall, for the month of February, gold rate saw an upward trend in Haryana with an incline of 4.77%.

    Trend of Gold Rate in Haryana for January 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    January 1 Rate Rs.3,995 per gram
    January 31 Rate Rs.4,169 per gram
    Highest Rate in January Rs.4,211 per gram on 9 January
    Lowest Rate in January Rs.3,995 per gram on 1 January
    Overall Performance Incline
    Percentage Change 4.35%

    Gold Rate Trend in Haryana for January 2020:

    • In Haryana, the rates of gold started the month of January at Rs.3,995 per gram which was also the lowest price recorded by the yellow metal for January. The gold prices fluctuated over the month due to various reasons, primary of which was the outbreak of the Coronavirus, the trade deal between China and U.S.A, and the unrest in middle east after Iranian General Qassem Soleimani was killed.
    • Gold recorded the highest price for the month on 9 January with every gram of the yellow metal being traded for Rs.4,211 in the state. This was due to the weakening of the dollar as investors moved to much safer haven due to the uncertainties regarding the trade deal between Beijing and Washington.
    • The gold prices however slipped in the state due to various reasons. While the tensions between U.S and Iran eased, Donald Trump announcing a phase-1 deal between Beijing and Washington compelled the investors to move towards riskier assets.
    • However, as the trend for the month of January showed with gold prices fluctuating, the gold rates rose due to the outbreak of Coronavirus in China followed by FED keeping the interest rates steady played a role in the price of the yellow metal increasing. The military attack in Yemen, and Chinese looking to buy more during the Chinese Lunar New Year aided the gold prices rising.
    • Gold closed the first month of 2020 at Rs.4,169 per gram with the overall performance showing an incline of 4.35% in the prices of the precious metal.

    Trend of Gold Rate in Haryana for December 2019 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    December 1 Rate Rs.3,906 per gram
    December 31 Rate Rs.3,995 per gram
    Highest Rate in December Rs.4,001 per gram on 29 and 30 December
    Lowest Rate in December Rs.3,848 per gram on 14 December
    Overall Performance Incline
    Percentage Change 2.27%

    Gold Rate Trend in Haryana for December 2019:

    • In Mysore, gold opened at the rate of Rs.3,906 per gram for 24 karat gold. This was an upward trend with risk appetites of investors being curbed with speculations rising around the US imposing trade tariffs on Argentina and Brazil.
    • Gold rates hit a low on 14 December, climbing down to Rs.3,848 per gram as optimism over Brexit and a US-China trade deal brought down the allure of the yellow metal a bit.
    • However, prices climbed again to Rs.4,001 per gram by the end of the month, which was the highest in December, with investors hedging against any heavy risks as the US launched military strikes in the middle east.
    • Overall, gold had a percentage change of 2.7% with an overall incline in performance through the month.

    Trend of Gold Rate in Haryana for November 2019 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    November 1 Rate Rs.3,938 per gram
    November 30 Rate Rs.3,869 per gram
    Highest Rate in November Rs.3,974 per gram on 3 November
    Lowest Rate in November Rs.3,869 per gram on 30 November
    Overall Performance Decline
    Percentage Change -1.75%

    Gold Rate Trend for Haryana in November 2019:

    • The gold rates in Haryana showed an overall decline of 1.75% in November 2019 due to anxiety over the US and China trade war, weakening of the US dollar, and fears of recession.
    • At the beginning of November, the price of gold was Rs.3,938 per gram but had dropped to Rs.3,869 per gram by the end of the month.
    • On 3 November, gold prices in Haryana recorded the highest when it touched Rs.3,974 per gram. The lowest price of gold was recorded in 30 November.
    • One of the major factors causing the overall decline in the price of gold in November was due to the depreciation of the rupee.

    Trend of Gold Rate in Haryana for October 2019 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    October 1 Rate Rs.3,864 per gram
    October 31 Rate Rs.3,927 per gram
    Highest Rate in October Rs.3,953 per gram on 26, 27, 28, and 29 October
    Lowest Rate in October Rs.3,801 per gram on 2 October
    Overall Performance Incline
    Percentage Change 1.63%

    Gold Rate Trend in Haryana for October 2019:

    • Prices of gold in Haryana showed a positive trend in October hitting its highest on 26th, 27th, 28th, and 29th October at Rs.3,953 per gram due to a lot of global factors such as the lingering tension between the U.S. and China, fears surrounding Brexit, and expectation of rate cuts by US central bank.
    • The gold rates in Haryana opened at Rs.3,864 per gram on 1 October and closed at Rs.3,927 per gram on 31 October. The lowest rate during the month was recorded on 2 October when the yellow metal traded at Rs.3,801 per gram.
    • There was an overall inclination of 1.63% witnessed by gold prices in October due to the weakening of rupee against the U.S dollar.

    Trend of Gold Rate in Haryana for September 2019 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.3,959 per gram
    September 30 Rate Rs.3,880 per gram
    Highest Rate in September Rs.4,073 per gram on 5 September
    Lowest Rate in September Rs.3,838 per gram on 20 September
    Overall Performance Decline
    Percentage Change -1.99

    Trend of Gold Rate in Haryana for August 2019 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    August 1 Rate Rs.3,581 per gram
    August 31 Rate Rs.3,959 per gram
    Highest Rate in August Rs.4,011 per gram on 27 August
    Lowest Rate in August Rs.3,554 per gram on 2 August
    Overall Performance Incline
    Percentage Change 10.55%

    Trend of Gold Rate in Haryana for July 2019 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    July 1 Rate Rs.3,486 per gram
    July 31 Rate Rs.3,575 per gram
    Highest Rate in July Rs.3,612 per gram on 20 July
    Lowest Rate in July Rs.3,444 per gram on 2 July
    Overall Performance Incline
    Percentage Change 2.55%

    Also Check Gold Price in Metro Cities

    Trend of Gold Rate in Haryana for June 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.3,276 per gram
    June 30 Rate Rs.3,486 per gram
    Highest Rate in June Rs.3,502 per gram on 25 - 27 June
    Lowest Rate in June Rs.3,276 per gram on 1 June
    Overall Performance Incline
    Percentage Change 6.41%

    Gold Rate Trend in Haryana for June 2019:

    • Gold rate in Haryana at the start of June stood at Rs.3,276 per gram as local and industrial demand for the yellow metal remained stagnant. This was also the lowest rate the metal stood at for the month.
    • The Federal Rate Cut pushed the price of gold to Rs.3,502 per gram on June 25- 27. This was the highest price of gold for the month.
    • The ongoing Sino-US trade conflict ensured that the demand for the precious metal remained at a high mark throughout June.
    • Gold price closed at Rs.3,486 in Haryana and an overall incline was recorded for the month of June. An overall percentage change of 6.41% was recorded for the month.

    Trend of Gold Rate in Haryana for May 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.3,266 per gram
    May 31 Rate Rs.3,276 per gram
    Highest Rate in May Rs.3,313 per gram on 15 May
    Lowest Rate in May Rs.3,224 per gram on 24 May
    Overall Performance Incline
    Percentage Change 0.30%

    Gold Rate Trend in Haryana for May 2019:

    • The precious yellow metal opened the month at the rate of Rs.3,266 per gram, remaining steady and gradually raising over the course of the first week amidst Donald Trump’s tariff threat on Chinese imports.
    • The price of gold continued to increase over the second week of May, influenced by US-China trade disputes. The price increased to Rs.3,271 per gram on May 12 and remained the same till May 14.
    • The price of gold continued to inch up during the third week of May, reached the highest rate in the month at Rs.3,313 per gram on 15 May. After 15, the price of the safe-haven asset dipped due to a stronger dollar.
    • Over the course of the next few days, gold prices went downhill, falling to Rs.3,239 on May 21 and 22. With a strong dollar, prices continued to go down, reaching the lowest rate in the month at Rs.3,224 per gram on 24 May. The month ended with an incline in prices by 0.30%.

    Trend of Gold Rate in Haryana for April 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    April 1 Rate Rs.3,266 per gram
    April 30 Rate Rs.3,297 per gram
    Highest Rate in April Rs.3,297 per gram on 28-30 April
    Lowest Rate in April Rs.3,245 per gram from 20-22 April
    Overall Performance Incline
    Percentage Change 0.94%

    Trend of Gold Rate in Haryana for March 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    March 1 Rate Rs.3,402 per gram
    March 31 Rate Rs.3,266 per gram
    Highest rate in March Rs.3,402 per gram on 1 March
    Lowest rate in March Rs.3,239 per gram on 30 March
    Overall Performance Decline
    Percentage Change -3.99%

    Gold Rate Trend in Haryana for March 2019:

    • After opening at Rs.3,402 per gram, gold rates in Haryana were in a downward spiral as weak retail demand and stagnant investor offtake impacted bullion prices in general, with the precious metal’s price falling to Rs.3,344 per gram on 5 March.
    • Despite fears over the economic impact of Brexit, equity markets received a boost from steady currency rates as investors increased their risk appetite, resulting in gold prices dropping to Rs.3,302 per gram on 12 March.
    • Prices plunged to Rs.3,276 per gram on 16 March as encouraging U.S. economic data bolstered equities and dampened interest in bullion, with gold falling to Rs.3,260 per gram on 20 March.
    • A slight drop in equity performance due to weak European business results momentarily boosted bullion rates as gold rose to Rs.3,292 per gram on 27 March before dropping to Rs.3,266 per gram on 31 March to record a 3.99% loss in value over the course of the month.

    Trend of Gold Rate in Haryana for February 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    February 1 Rate Rs.3,392 per gram
    February 28 Rate Rs.3,428 per gram
    Highest rate in February Rs.3,465 per gram on 21 February
    Lowest rate in February Rs.3,360 per gram on 14 February
    Overall Performance Incline
    Percentage Change 1.06%

    Gold Rate Trend in Haryana for February 2019:

    • Gold prices in Haryana saw a marginal rise in price as the month progressed after opening at Rs.3,392 per gram on 1 February, with the metal rising to Rs.3,418 per gram on 6 February on strong local demand.
    • Fluctuations in the dollar rate and local jeweler demand saw prices drop to Rs.3,376 per gram on 13 February despite investor demand for the metal remaining strong due to uncertainty over Brexit.
    • The start of Sino-U.S. trade negotiations and rising uncertainty over the economic impact of Brexit saw a rise in gold’s safe-haven appeal as the metal’s price rose to Rs.3,423 per gram on 17 February.
    • Rising fears of a possible economic downturn due to poor U.S. employment data resulted in equities and the dollar rate dropping as investors increased interest in bullion, with gold closing the month at Rs.3,465 per gram to record a 1.06% rise in value.

    Trend of Gold Rate in Haryana for January 2019 (rates per gram for 24 karat gold)

    Parameters Gold Price (24 karat)
    January 1 Rate Rs.3,234 per gram
    January 31 Rate Rs.3,397 per gram
    Highest Rate in January Rs.3,397 per gram on 31 January
    Lowest Rate in January Rs.3,234 per gram on 1 and 2 January
    Overall Monthly Performance Incline
    Percentage Change 5.04%

    Gold rate trend in Haryana for January 2019:

    • Gold rate saw an upward trend in the month of January following a weakening dollar which resulted in the increase in bullion prices.
    • On 1 January 2019, the metal was priced at Rs.3,234 per gram in the state of Haryana which increased to Rs.3,292 per gram by the middle of the month.
    • Due to the expectations in the change in the United States Federal Policy, investors shifted from the market to focus their investments on the metal. In India, another contributing factor was the healthy demand of gold amongst local jewellers which also resulted in the increase in demand of gold and silver.
    • By 31 January, gold was valued at Rs.3,297 per gram with a percentage incline of 5.04.

    Trend of Gold Rate in Haryana for December 2018 (rates per gram for 24 karat gold)

    Parameters Gold Price (24 karat)
    December 1 Rate Rs.3,108 per gram
    December 31 Rate Rs.3,239 per gram
    Highest Rate in December Rs.3,260 per gram on 12 and 13 December
    Lowest Rate in December Rs.3,108 per gram on 1 and 2 December
    Overall Monthly Performance Incline
    Percentage Change 4.21%

    Gold Rate Trend in Haryana for December 2018

    • For the month of December, the gold rate in Haryana was observed to be in a state of a steady incline. The price rose on the back of many factors like instability in the stock markets, a weak U.S. Dollar and global growth uncertainties.
    • On December 1, gold was traded at Rs.3,108 per gram throughout the state. As the week went by, the demand picked up substantially owing to the wedding season. By the 7th, the price had hit the Rs.3,197 per gram – its weekly high.
    • A similar trend was seen in the second week of December as well. This time around, the price soared to reach its monthly high at Rs.3,260 per gram on the 12th and 13th. Thereafter, the demand for gold receded as the dollar picked up and made some decent gains against other apex currencies.
    • On December, the price of gold in Haryana was Rs.3,176 per gram. This low was followed by a steady increase in the price, driven primarily by the investors seeking refuge in gold on the back of global growth concerns. It eventually ended the month at Rs.3,239 per gram.

    Trend of Gold Rate in Haryana for November 2018 (rates per gram)

    Parameters Gold price (24 carat)
    November 1 Rate Rs.3,255 per gram
    November 30 Rate Rs.3,124 per gram
    Highest Rate in November Rs.3,266 per gram on 8 November
    Lowest Rate in November Rs.3,124 per gram on 29 and 30 November
    Overall Monthly Performance Decline
    Percentage Change -4.02%

    Trend of Gold Rate in Haryana for October 2018 (rates per gram)

    Parameters Gold price (24 carat)
    October 1 Rate Rs.3,140 per gram
    October 31 Rate Rs.3,260 per gram
    Highest Rate in October Rs.3,271 per gram on 26 October
    Lowest Rate in October Rs.3,140 per gram from 1 to 3 October
    Overall Monthly Performance Incline
    Percentage Change 3.82%

    Trend of Gold Rate in Haryana for September 2018 (rates per gram)

    Parameters Gold price (24 carat)
    September 1 Rate Rs.3,120 per gram
    September 30 Rate Rs.3,138 per gram
    Highest Rate in September Rs.3,174 per gram on 26 and 27 September
    Lowest Rate in September Rs.3,108 per gram from 3-5 September
    Overall Monthly Performance Incline
    Percentage Change 0.57%

    Trend of Gold Rate in Haryana for August 2018 (rates per gram)

    Parameters Gold price (24 karat)
    August 1 Rate Rs.3,050 per gram
    August 31 Rate Rs.3,092 per gram
    Highest Rate in August Rs.3,092 per gram from 31 August
    Lowest Rate in August Rs.3,014 per gram on 20 - 21 August
    Overall Monthly Performance Incline
    Percentage Change 1.37%

    August 2018 - Week 1 (1 - 5):

    • Demand for gold at the beginning of August was steady amid favorable global trends. The metal in Haryana commenced trading during the 1 August at Rs.3,050 per gram.
    • The dollar value rose in comparison with other currencies post statements from the Federal Reserve. This caused demand for the metal to decline, which in turn caused the price of gold in Haryana to drop as well.
    • On 2 August, the price of gold in Haryana was recorded at Rs.3,045 per gram, and on 3 August it dropped substantially to Rs.3,035.
    • During the latter part of the week, the dollar strengthened ahead of the Federal Reserve’s monetary policy release. This caused the price of gold in Haryana to plummet further. On 4 August, gold rate stood at Rs.3,019 per gram and at the end of the week, on 5 August, it was recorded at Rs.3,035 per gram.

    August 2018 - Week 2 (6 - 12):

    • The gold price in Haryana at the start of the second week of August was the same as the end of week 1. The metal still stood at Rs.3,035 per gram on 6 August. Around this time, there was steady demand from jewellers, retailers and local industries.
    • However, in the following few days, the US dollar dipped in value when compared to other currencies, while statistics also indicated that jobs that contributed to the development of the US economy dipped substantially.
    • This led the gold price in Haryana to drop slightly to Rs.3,029 per gram and on 9 and 10 August.
    • At the end of week 2, strong investor demand was recorded. This, along with a weakened dollar caused the price of gold in Haryana to spike at the last day of this week. On 12 August, the metal was recorded at Rs.3,050 per gram.

    August 2018 - Week 3 (13 - 19):

    • Gold in Haryana at the start of week 3 was recorded at the same price as the end of the previous week at Rs.3.050 per gram. At this time, both dollar value and equities weakened, affecting gold rates in Haryana in the following few days.
    • Favorable market trends coupled with solid global demand unaltered the price of gold in Haryana as it still stood Rs.3,050 per gram on 14 August, but declined rapidly the next day to Rs.3,035 per gram.
    • On 17 August, gold rate in Haryana hit its lowest point in the month as it stood at Rs.3,003 per gram. During this time, the US dollar strengthened and dominated other currencies.
    • Poor domestic demand coupled with weak overseas trends led the gold price in Haryana to remain relatively stable at Rs.3,014 per gram at the end of the week.

    August 2018 - Week 4 (20 - 26):

    • Gold in Haryana was recorded at Rs.3,014 per gram on the 20th and 21st, one of the lowest points in the month. However, week 4 began amid favourable trends overseas.
    • On 22 August, the gold rate in Haryana surged to Rs.3,024 per gram after a drop in the dollar value which also led to an increase in investor demand for the metal.
    • With the US President criticizing the Fed Reserve’s decision to raise the US interest rates, the dollar value dropped further.
    • Strong global demand coupled with positive market trends led to gold price in Haryana closing at Rs.3,035 per gram on 26 August.

    August 2018 - Week 5 (27 - 31):

    • During the final week of August, gold rate in Haryana rose considerably in week 5 on account of strong trends overseas which increased the demand of gold worldwide.
    • Gold in Haryana was priced at Rs.3,035 per gram on 27 August when the week began.
    • With domestic gold and silver markets gaining on the US dollar that had dipped in value, gold price in Haryana surged considerably in the following days.
    • With investors and market participants refraining from making purchases ahead of the Federal Reserve Chairman’s statement on the US interest rate hike, the dollar value plunged. This led to gold rate in Haryana to rise considerably to Rs.3,082 per gram on the 28 and the 29 August.
    • The month concluded with gold price in Haryana being recorded at Rs.3,092 per gram on 31 August, the highest price during August. The state also registered an incline of 1.37% in gold rates during the course of the month.

    Trend of Gold Rate in Haryana for July 2018 (rates per gram)

    Parameters Gold price (24 carat)
    July 1 Rate Rs.3,146 per gram
    July 31 Rate Rs.3,082 per gram
    Highest Rate in July Rs.3,165 per gram on 7 July
    Lowest Rate in July Rs.3,082 per gram on 31 July
    Overall Monthly Performance Decline
    Percentage Change -2.03%

    July 2018- Week 1 (1-6)

    • The price of gold was more or less unchanged for most of the week, with the metal opening at Rs.3,124 per gram when trading began.
    • A strong dollar dented gold’s appeal among retail customers since the metal was more expensive for retail buyers, as the yellow metal fell to Rs.3,103 per gram on 4 July.
    • Fears of a global trade war due to escalating tensions between the United States and China led to equity markets falling and investors increasing gold purchases, as gold rose to Rs.3,129 per gram on 5 July.
    • The end of the week saw the price continue to rise to Rs.3,134 per gram on positive investor sentiment and market cues.

    July 2018- Week 2 (7-13)

    • The second week saw gold rates in Haryana open strongly on sustained interest from traders and industry.
    • The precious metal was priced at Rs.3,140 per gram on 7 July as local demand was steady due to the low dollar rate.
    • Prices began to drop the following day as the dollar recovered, resulting in lower investor interest in gold.
    • Prices dropped to Rs.3,134 per gram on 8 July and remained constant for the next few days as demand was static amidst a fall in the rupee’s value.
    • There was a further drop in price as overseas demand for gold was poor, as local prices closed at Rs.3,103 per gram on 13 July.

    July 2018- Week 3 (14-20)

    • The decline in demand for gold continued in the third week of July due to the falling rupee and market forces.
    • Gold was priced at Rs.3,092 per gram on 14 July as local demand fell steadily, in line with the falling rupee.
    • In spite of fears of a trade war, traders preferred equity investments over gold, which further dented the metal’s value.
    • Prices fell to Rs.3,056 per gram on 19 July as poor demand and a falling rupee pared gains.
    • A slight rise in price was seen at the end of the week, as gold traded at Rs.3,061 per gram on 20 July.

    July 2018- Weeks 4 and 5 (21-31)

    • The last two weeks of July saw gold prices fluctuate due to conflicting cues from markets and currencies, though prices fell gradually.
    • Gold opened the week at Rs.3,061 per gram, recording no change in price from the previous week as a result of static demand.
    • Jewellers reduced orders as the rupee continued to fall, putting further pressure on gold as prices tumbled.
    • Persistent drops in industrial demand led to gold prices stagnating due to lack of investor interest.
    • The month ended with gold priced at Rs.3,056 per gram to record a significant drop in value over the course of the month.

    Trend of Gold Rate in Haryana for June 2018 (rates per gram)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.3,187 per gram
    June 30 Rate Rs.3,119 per gram
    Highest Rate in June Rs.3,192 per gram on 16 June
    Lowest Rate in June Rs.3,119 per gram on 30 June
    Overall Monthly Performance Decline
    Percentage Change 2.32%

    June 2018- Week 1 (1-10)

    • Demand for gold in Haryana fluctuated in the first week of June, with the metal opening the month at Rs.3,187 per gram.
    • Poor demand from the retail sector coupled with a rising dollar rate affected local prices, as gold fell to Rs.3,155 per gram on 3 June.
    • The upcoming summit between the United States and North Korea increased investor confidence in the dollar, as interest in gold continued to fall.
    • A possible interest rate hike by the Federal Reserve also resulted in a drop in gold prices, as the metal traded at Rs.3,145 per gram on 5 June.
    • There was a minor rise in price as the dollar dropped on the possibility of fresh trade tariffs against China, with gold trading at Rs.3,155 per gram on 7 June.
    • Gold continued to rise as local demand rode contrary to prevailing trends with the precious metal’s price rising to Rs.3,187 per gram on 10 June.

    June 2018- Week 2 (11-17)

    • The second week of June saw gold prices in Haryana fluctuate, though the metal’s opening price was unchanged at Rs.3,187 per gram on 11 June.
    • The success of the summit bolstered the dollar, which resulted in demand for gold falling to Rs.3,171 per gram on 12 June.
    • Industrial demand was static, but local jewellers reduced offtake due to the high cost of importing gold on account of the strong dollar.
    • Gold rose to Rs.3,192 per gram on 16 June as fresh sanctions against China led to the dollar falling across markets, sending investors rushing to buy gold.
    • The price fell back to Rs.3,161 per gram as the week ended on 17 June due to poor local and overseas demand.

    June 2018- Week 3 (18-24)

    • The start of the third week saw gold continue to trade at Rs.3,161 per gram on 18 June as industrial demand for gold was weak due to the high import cost.
    • Analysts awaited news on the Federal Reserve’s monetary policy, as investors put off gold purchases, sending gold prices to Rs.3,150 per gram on 19 June.
    • Fluctuating demand from local jewellers and the retail market led to prices rising to Rs.3,166 per gram from 20-22 June, but pressure from overseas trends led to prices dropping.
    • Gold futures dropped sharply as the dollar saw a resurgence in demand, as gold plunged to Rs.3,124 per gram on 23 June.
    • Unstable equity markets pushed investors to invest in gold, as the metal traded at Rs.3,134 per gram on 24 June.

    June 2018- Week 4 (25-30)

    • There was significant fluctuation in the price of gold in the last week in Haryana, as a drop in retail demand impacted prices negatively.
    • Gold opened the week at Rs.3,134 per gram on 25 June, with prices remaining constant for a few days on static demand.
    • A sharp drop in Asian stocks due to the effects of the trade tariff dispute led to a surge in interest in gold, which rose to Rs.3,140 per gram on 29 June.
    • The possibility of regular interest rate hikes over the rest of the year by the Fed led to a steep drop in demand for gold, which closed the month at Rs.3,119 per gram.

    Trend of Gold Rate in Haryana for May 2018 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.3,192 per gram
    May 31 Rate Rs.3,187 per gram
    Highest Rate in May Rs.3,234 per gram on 14 May
    Lowest Rate in May Rs.3,171 per gram on 18 May
    Overall Monthly Performance Decline
    Percentage Change -0.15%

    May 2018 - Week 1 (1st - 6th)

    • Gold was priced at Rs.3,192 per gram when trading commenced for the first week of May.
    • Prices dropped to Rs.3,176 per gram - a Rs.16 drop - as the US dollar strengthened ahead of the latest Fed Reserve meeting where rates hikes were being expected.
    • On the 4th, gold price in in Haryana continued at Rs.3,176 per gram as demand was steady as markets still awaited the conclusion of the meeting, and local trends was in line with that.
    • When news arrived about the Fed Reserve would keep rates unchanged and that the hike would be introduced gradually, neither the markets nor the dollar responded well.
    • This caused gold rates to surge to Rs.3,197 per gram by the end of the week.

    May 2018 - Week 2 (7th - 13th)

    • The second week’s trading opened with gold still being priced at Rs.3,197 per gram before rising slightly to Rs.3,203 per gram as a weak dollar helped gold gain.
    • On the 10th, gold rates in Haryana went up to Rs.3,208 per gram before rising to Rs.3,213 per gram on the 11th as the release of the inflation data caused bullion demand to rise.
    • The 12th saw gold rate in Haryana rise by Rs.21 for the metal to trade at Rs.3,234 per gram as the dollar dropped amidst weak markets due to rising inflation concerns.
    • As demand for the metal remained steady and dollar began to show initial signs of recovery, the precious metal traded at Rs.3,234 per gram on the final day of this week.

    May 2018 - Week 3 (14th - 20th)

    • Gold was still priced at Rs.3,234 per gram when the third week of May began on the 14th. This, however, dropped to Rs.3,213 per gram on the 15th after the US dollar bounced back after the fall caused by the inflation data.
    • On the 16th, gold continued to trade at Rs.3,213 per gram before 3,187 per gram - a Rs.26 drop in a day as the US dollar surged to reach one of its highest valuations for the month.
    • This dropped further to Rs.3,171 per gram on the 17th local demand began to drop amidst a strong dollar.
    • Over the final few days, the precious metal’s prices surged after reports of the political crisis in the US and in Italy shook up the greenback’s stronghold.
    • On the final day of the week, the yellow metal was priced at Rs.3,192 per gram.

    May 2018 - Week 4 (21st - 27th)

    • The fourth week of May began with gold continuing at Rs.3,192 per gram before dropping slightly to Rs.3,182 per gram the next day as investors awaited the imminent release of the latest Fed minutes.
    • As gold remained steady ahead of whispers that no rate changes will be introduced, prices held on at Rs.3,182 per gram.
    • With the Fed keeping the interest rates the same, markets and the dollar dropped, this caused gold rates to push back up to Rs.3,192 per gram on the 24th.
    • The dollar’s downfall continued on the 25th as well and bullion demand surged as a result. The precious metal traded at Rs.3,203 per gram due to this before going further up to Rs.3,213 per gram the subsequent day.
    • However, a surge in the dollar rate pushed gold rate in Haryana down on the final day of the week and the yellow metal’s prices were recorded at Rs.3,203 per gram at the time of closing.

    May 2018 - Week 5 (28th - 31st)

    • The final week of May opened with gold still continuing at Rs.3,203 per gram before dropping to Rs.3,187 per gram as cues weakened and local demand dropped.
    • After local demand recovered slightly and the dollar softened, gold rate in Haryana remained at Rs.3,187 per gram on the final day of the month.
    • Price trends in Haryana dropped by -0.15% this month as demand remained sluggish and gold trading suffered as a result.

    Trend of Gold Rate in Haryana for April 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st April 2018 Rs.3,140 per gram
    Gold Rate on 30th April 2018 Rs.3,208 per gram
    Highest Rate in April Rs.3,224 per gram on 20 April
    Lowest Rate in April Rs.3,129 per gram on 7 April
    Overall Monthly Performance Incline
    Percentage Change 2.16%

    April 2018- Week 1 (1st -7th)

    • Gold prices in Haryana saw some fluctuation in the first week of April, opening at Rs.3,140 per gram on consistent demand from local as well as overseas buyers.
    • Prices remained constant for a few days before rising to Rs.3,161 per gram on 4 April after a sharp drop in the dollar rate.
    • The possibility of a trade war between the U.S. and China over trade tariffs led to global markets falling, which increased demand for safe-haven assets like gold.
    • A drop in local demand led to prices falling to Rs.3,134 per gram on 6 April as industrial units reduced offtake.
    • Anticipation of positive U.S. employment data led to the dollar rising marginally, as gold fell to Rs.3,129 per gram on 7 April.

    April 2018- Week 2 (8th -15th)

    • The precious metal was priced at Rs.3,140 per gram on 8 April as demand for the precious metal was on the rise.
    • Prices were static for a few days as local demand fell after a rise in the U.S. Dollar was recorded, though international demand was steady.
    • The chemical attack in Syria by government forces led to equity markets falling across the globe, resulting in demand for gold surging.
    • The precious metal traded at Rs.3,166 per gram on 12 April before climbing to Rs.3,197 per gram on 13 April.
    • Local demand from jewellers was also on the rise due to positive trends as well as greater retail demand.
    • Prices regularised as the week progressed, with gold prices dropping to Rs.3,187 per gram as the week ended on 15 April.

    April 2018- Week 3 (16th-22nd)

    • Prices rose to Rs.3,208 per gram as the week began on 16 April after the U.S.-led airstrikes in Syria led to markets falling globally.
    • Demand for gold fluctuated during the week, trading at Rs.3,197 per gram on 18 April as international industrial demand was weak in spite of a low dollar rate.
    • Asian stocks plunged on news of possible interest rate hikes by the U.S. Federal Reserve, which led to increased interest in gold.
    • The yellow metal traded at Rs.3,224 per gram on 20 April amidst a strengthening of demand across the world due to unfavourable market trends.
    • The week ended with gold priced at Rs.3,218 per gram on 22 April.

    April 2018- Week 4 (23rd-30th)

    • Weak market trends saw gold prices fluctuate in the last week as gold opened the week trading at Rs.3,218 per gram on 23 April.
    • International demand for gold was also on the decline, as the dollar recouped some of its losses and equity markets bounced back from last week’s falls.
    • Demand from jewellers fell sharply as the high cost of gold coupled with dropping retail sales led to reduced orders.
    • The precious metal traded at Rs.3,197 per gram on 24 & 25 April due to poor market cues before prices recovered marginally to trade at Rs.3,213 per gram on 27 April.
    • Prices continued to fluctuate as the week ended, resulting in gold closing the month at Rs.3,208 per gram to record a 2.16% rise in price.

    Trend of Gold Rate in Haryana for March 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st March Rs.3,113 per gram
    Gold Rate on 31st March Rs.3,134 per gram
    Highest Rate in March Rs.3,171 per gram on 25 & 26 March
    Lowest Rate in March Rs.3,098 per gram on 19 & 20 March
    Overall Monthly Performance Incline
    Percentage Change 0.67%

    March 2018 - Week 1 (1st - 4th)

    • Gold rates in Haryana fluctuated with demand vagaries amid conflicting global market trends for much of the first week.
    • Trading began for the month with the yellow metal trading at Rs.3,113 per gram on the 1st.
    • Prices plunged to Rs.3,108 per gram on the 2nd after demand plunged domestically as markets tracked a downtrend in the international bullion market.
    • However, an increase in orders over the next couple of days following a drop in the US dollar value led to gold rates closing the week at Rs.3,134 per gram on the 4th.

    March 2018 - Week 2 (5th - 11th)

    • The second week saw gold prices varying with domestic markets subjected to an unevenly performing equities and fluctuating dollar rates.
    • The week opened with the precious metal price at Rs.3,134 per gram on the 5th on account of steady demand from domestic retailers, industries and jewellers.
    • However, an increase in the dollar value over the next two days led to a decline in imports as the dollar dependent bullion proved to be more expensive for overseas buyers. This led to gold price Haryana to priced at Rs.3,119 per gram on the 7th.
    • Thanks to an incline in gold futures at the MCX, gold prices surged to Rs.3,140 per gram on the 8th amid positive market trends.
    • The week came to an end with bullion prices holding at Rs.3,134 per gram on the 11th after demand stabilised at the domestic level.

    March 2018 - Week 3 (12th - 18th)

    • The recovering equities market coupled with a bearish run by the US dollar led to gold prices plummeting during the week.
    • Trading opened for the week with gold prices holding steady at Rs.3,134 per gram on the 12th on account of consistent demand from local jewellers.
    • However, an increase in returns in the stock market sector following the abrupt dismissal of Rex Tillerson, the US Secretary of State led to gold rates in Haryana plunging to Rs.3,129 per gram on the 15th.
    • Poor domestic demand coupled with weak global cues led to gold prices plunging further to Rs.3,119 per gram the next day.
    • The week concluded with the yellow metal holding at Rs.3,103 per gram amid the strengthening greenback and rising equities.

    March 2018 - Week 4 (19th - 25th)

    • The week saw gold rates Haryana dropping initially before gradually improving on account of rising geopolitical concerns towards the end of the week.
    • The week began with the precious metal trading at Rs.3,098 per gram as the dollar held onto its gains from the previous session.
    • However, an increase in industrial offtake over the next few days led to gold prices rebounding to Rs.3,113 per gram on the 21st.
    • With investors gravitating towards investments considered safer amid the ongoing US-China trade war concerns, demand for the bullion surged globally.
    • Gold was recorded trading at Rs.3,145 per gram on the 24th before surging further to Rs.3,171 per gram on the 25th amid the positive trend overseas.

    March 2018 - Week 5 (26th - 31st)

    • The final week saw gold rates plummeting with the bullion against the strengthening US dollar and recovering equities market.
    • Trading commenced with the yellow metal prices holding at Rs.3,171 per gram on 26th.
    • With the US dollar recovering from its previous rally of losses, demand for the metal dropped. This led to gold rates dropping to Rs.3,166 per gram on the 28th.
    • Prices dropped further to Rs.3,134 per gram on the 30th on account of the strengthening US dollar.
    • Trading concluded for the month with the precious metal priced at Rs.3,134 per gram on the 31st and Haryana registering an incline of 0.67% in gold rates during the course of the month.

    Trend of Gold Rate in Haryana for February 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st February 2018 Rs.3,077 per gram
    Gold Rate on 28th February 2018 Rs.3,129 per gram
    Highest Rate in February Rs.3,161 per gram on 18 & 19 February
    Lowest Rate in February Rs.3,035 per gram on 9 February
    Overall Monthly Performance Incline
    Percentage Change 1.68%

    February 2018 - Week 1 (1st - 4th):

    • Gold was priced at Rs.3,077 per gram when trading for February began in Haryana.
    • The yellow metal’s rates saw little change this week despite the significant rises seen in various other states in the country.
    • On the 2nd, gold was priced at Rs.3,077 per gram. As local demand was steady, gold continued to trade at Rs.3,077 per gram till the end of the week.

    February 2018 - Week 2 (5th - 11th):

    • The second week began on a relative high with gold trading at Rs.3,082 per gram. Prices seemed to decline this week as local cues remained weak despite strong demand overseas.
    • On the 6th, gold prices dropped to Rs.3,066 per gram before continuing at the same rate the next day as well.
    • As the US dollar began to strengthen after the fall the previous week, gold rates tumbled further.
    • The 9th saw gold prices drop to Rs.3,035 per gram - recording a Rs.31 decrease due to poor demand. This was also the lowest gold rates for the month.
    • Gold pulled back to trade at Rs.3,050 per gram on the 10th before rising again to Rs.3,056 per gram on the final day of this week.

    February 2018 - Week 3 (12th - 18th):

    • Gold opened at Rs.3,056 per gram on the 12th of February.
    • However, lack of stability in the equity market contributed to bring about major increase in gold prices.
    • Gold rates in Haryana surged to Rs.3,087 per gram - a Rs.31 increase from the previous day’s rates.
    • With demand increasing from all investor quarters, gold prices rose again to trade at Rs.3,098 per gram.
    • As markets struggled to recover, demand was on a steady rise. Gold traded at Rs.3,103 per gram on the 15th of the month.
    • High inflation contributed to push gold prices up on the 16th as well and the metal traded at Rs.3,140 per gram on the 16th.
    • Gold continued at Rs.3,140 per gram on the 17th of the month before rising further to Rs.3,161 per gram on the 18th.

    February 2018 - Week 4 (19th - 25th):

    • This week saw gold prices tumble consistently as equity markets and the US dollar improved.
    • When the week began on the 19th, gold was still priced at Rs.3,161 per gram. This dropped by Rs.11 for the metal to trade at Rs.3,150 per gram on the 20th of the month.
    • With the wedding season ending, retail demand also simmered down causing gold sales to decline.
    • Gold prices fell to Rs.3,134 per gram on the 21st and again to Rs.3,124 per gram on the 22nd.
    • The yellow metal was on free fall as demand showed little signs of picking up. At the end of the 23rd, gold rates were recorded at Rs.3,119 per gram.
    • Over the 23rd and the 24th, gold traded at Rs.3,124 per gram as there was a brief increase in sales.

    February 2018 - Week 5 (26th - 28th):

    • When the final week of February started, gold was trading at Rs.3,124 per gram.
    • This rose to Rs.3,134 per gram on the 27th of the month before dropping to Rs.3,129 per gram on the final day of the month.
    • Gold price trends rose by 1.68%, owing to a weak equity market and a subsequent rise in local demand.

    Trend of Gold Rate in Haryana for January 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st January 2018 Rs.3,010 per gram
    Gold Rate on 31st January 2018 Rs.3,066 per gram
    Highest Rate in January Rs.3,120 per gram on 24 and 25 January
    Lowest Rate in January Rs.3,010 per gram on 1,2 and 3 January
    Overall Monthly Performance Incline
    Percentage Change 1.86%

    January 2018 - Week 1 (1st to 7th):

    • In Haryana, trading opened with the precious metal priced at Rs.3,010 per gram on the 1st of January.
    • Thanks to steady demand from local jewellers, retailers and industries amid the firm trends overseas, prices remained untouched at Rs.3,010 per gram for the next couple of days.
    • The 4th saw gold rate in Haryana surging to Rs.3,045 per gram before dropping to Rs.3,030 per gram on the 5th with the US dollar rising against a basket of other emerging currencies.
    • The US employment and payrolls’ data released during the week proved to be weaker than expected. This resulted in the dollar losing and gold was priced at Rs.3,045 per gram on the 6th.
    • The week concluded with the precious metal trading relatively higher at Rs.3,050 per gram on the 7th due to a slight incline in domestic demand amid the weakened dollar.

    January 2018 - Week 4 (8th to 14th):

    • The week began with gold rate in Haryana holding steady at Rs.3,050 per gram on the 8th following steady domestic buying by jewellers, retailers and industries.
    • The 9th saw gold prices declining to Rs.3,045 per gram which rose to Rs.3,051 per gram on the 10th due to the poorly performing equities and dollar index.
    • However, with the greenback regaining lost ground from the previous days’ losses, rates dropped to Rs.3,041 per gram on the 11th.
    • On the 12th, the bullion rates rose to near seven-week highs at Rs.3,061 per gram. The rise in gold price in Haryana was mainly due to the dollar weakening amid concerns over a possible US government shutdown.
    • With investors hedging on the bullion against the poorly performing dollar, prices surged.
    • The yellow metal prices rose further to Rs.3,078 per gram on the 13th before stabilising at Rs.3,099 per gram towards the end of the week.

    January 2018 - Week 3 (15th to 21st):

    • When trading commenced for the third week, the yellow metal was recorded trading at Rs.3,099 per gram on the 15th with steady domestic demand from the previous week.
    • Prices remained unchanged at Rs.3,099 per gram the next day which surged further to Rs.3,115 per gram on the 17th due to an incline in demand for the bullion amid the weakening US dollar.
    • Demand, however, began with the US greenback recovering from the previous rally of losses, gold price in Haryana dropped slightly to Rs.3,095 per gram on the 18th.
    • Gold Rate in Haryana remained unaltered at Rs.3,095 per gram the next couple of days with steady demand from local jeweller and retailers.
    • The bullion prices rebounded to Rs.3,115 per gram on the 21st after the US dollar lost its ground with markets speculating over possible US government shutdown concerns.

    January 2017 - Week 4 (22nd to 28th):

    • The fourth week commenced in Haryana with the bullion prices holding steady at Rs.3,115 per gram on the 22nd.
    • Though gold rate in Haryana dropped to Rs.3,110 per gram the next day, prices rose to Rs.3,120 per gram - the highest recorded monthly figure - on the 24th owing to strong global demand amid the weakened US dollar.
    • However, with the US dollar recovering from the previous rally of losses, gold price in Haryana declined towards the end of the week.
    • Reduced domestic demand coupled with poor global trends over the next few days resulted in gold being priced at Rs.3,077 per gram on the last day of the week.

    January 2018 - Week 5 (29th to 31st):

    • The final week opened with the bullion trading at Rs.3,077 per gram on the 29th with steady demand for the metal amid firm trends overseas.
    • Gold price in Haryana dropped to Rs.3,066 per gram the next day with the US dollar index regaining lost ground from the previous weeks’ losses.
    • Trading concluded for the month with the bullion priced at Rs.3,066 per gram on the 31st and Haryana recorded an increase of 1.86% in gold rate in Haryana during the course of the month.

    Gold as an investment in Haryana

    Over-the-counter: Gold is sold in the form of bullions, coins and jewellery in Haryana. Gold as a physical asset is, by and large, considered a safer investment compared to equities. Gold prices differ from city to city in Haryana due to several factors such as making charges (amount paid for the labour involved for making jewellery; if the price of gold is higher, it would reflect on the making charges), transportation costs, local taxes and procurement costs among others. Customers can check the spot gold price on MCX and NCDEX to keep a tab on variations in the rates of the yellow metal. Banks also sell gold coins in various weights - 2 to 100 gram bars with 99.99% purity (certificates of purity is provided by the banks). Gold Souk is one of the major jewellery mall developers in Haryana. Other major jewellery stores include Hazoorilal jewellers, Tanishq and Shri Ram Jewellers.

    Market trade: Many investors prefer buying gold exchange traded funds (ETFs) to physical gold since the former offers higher liquidity and greater ease of storage. Gold ETFs track the price of the yellow metal. Gold ETFs have been on a downward slide, posting negative returns and outflows since May 2013 (overall net outflow stood at Rs. 4,000 crore). Gold ETFs assets fell 8.5% to Rs.5,957 crore in July this year. Fresh gold ETFs sales are slow owing to plummeting gold prices for the past two years in addition to a negative outlook on the back of a strong stock market. Investors also trade in gold futures by opening a trading account with an initial deposit of Rs. 50,000 to Rs 1 lakh. Speculation about US interest rate hike is one of the many factors which influence sentiments in gold futures.

    Also Check Gold Prices in the Cities of Haryana

    Today's Gold Rate In Gurgaon Today's Gold Rate In Faridabad Today's Gold Rate In Ambala
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