Gold Rate In Jabalpur Today _{Last Updated : 03 Dec 2022}

*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.

Today's Gold Price in Jabalpur

Owing to market trends, economic scenario, and international trading, the price of the yellow metal in Jabalpur may fluctuate for short or medium term. A volatility in prices does not depreciate the value of gold. People in Jabalpur can purchase the yellow metal as bars, coins, and jewellery of weights 1 gram, 10 gram, 50 grams, and 100 grams. Gold is usually available in values 24 karats gold and 22 karats, with prices varying due to the quality of the precious metal.

Gold Rate Trend in Jabalpur from July 2022 to September 2022

Quarterly Gold Rate in Jabalpur from July 2022 to September 2022

• In Jabalpur, Madhya Pradesh, the price of gold per gram on the first day of July was Rs.5,122, which went down by 1.23% and closed at Rs.5,059 per gram on the last day of the month.
• In August, the price of yellow metal opened at Rs.5,038 per gram. The price went up by 0.09% and closed at Rs.5,043 per gram by the end of the month.
• The opening and closing rate of one gram of gold in the month of September was Rs.4,964 and Rs.4,954, respectively. The price of gold went down by 0.20% by the end of the month.
• In the months of July, August, and September, the highest and lowest price of one gram of the precious metal are Rs.5,153 and Rs.4,959; Rs.5,138 and Rs.5,017; and Rs.5,061 and Rs.4,930, respectively.

Gold Rate Trend in Jabalpur from April 2022 to June 2022

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Gold investment avenues in Jabalpur

Gold has always been a preferred investment and is always considered as an earning asset. Though gold may witness price fluctuations from time to time, there has been no drastic depreciation in value of the yellow metal. It is considered a safe and secure form of investment. This precious metal can be bought in the form of bars, coins, jewellery, and also be traded.

Over-the-counter

There are a number of jewellers in Jabalpur who sell gold in the form of ornaments, coins, bars and in other customized forms according to the customer's requirement. Considered as an ideal investment mode, gold should always be bought from authorized places. It is also advisable to look for BIS certification while purchasing the yellow metal. A certificate of authenticity which contains amount of gold purchased, rate on the date of purchase, and details of purity & along with the gold is also a must. This certificate can prove helpful in case of a resale. Nationalized banks also sell certified coins. However, there is no buy-back policy in banks.

Market trade

The awareness and demand of gold as a tradable commodity is increasing among the people of Jabalpur. Apart from buying gold in the form of bullions, coins, and ornaments, people are also investing in paper gold. As an investment, the yellow metal can be bought as gold futures, as well as Exchange Traded Funds or Gold ETFs. It is easy to buy gold futures early and sold later when the market experiences instability in gold prices

**Disclaimer: The gold rates mentioned above are subject to change as per the market conditions. Before buying gold, it is advisable to refer the current rates.**