Gold Rate In Jabalpur Today Last Updated : 03 Dec 2022

Having a rich historical heritage, Jabalpur was ruled by some prosperous kings. With royalty came the fascination for gold. Now a tier 2 city in Madhya Pradesh, Jabalpur is not only flourishing in the agricultural sector, it also has a number of industries. Apart from that, Jabalpur is also home to ordnance factories and defence organizations. Due to a strong economy, people invest in gold, since it is a safe haven during a crisis.

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  • Today's Gold Rate in Jabalpur (03 Dec 2022)

    ₹ 5,008
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,008 ₹ 4,958 ₹ 50 ↑
    Standard Gold (22 K) (8 grams) ₹ 40,064 ₹ 39,664 ₹ 400 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,258 ₹ 5,206 ₹ 52 ↑
    Pure Gold (24 K) (8 grams) ₹ 42,064 ₹ 41,648 ₹ 416 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    02 Dec 2022 ₹ 5,008 ₹ 40,064 ₹ 5,258 ₹ 42,064
    01 Dec 2022 ₹ 4,958 ₹ 39,664 ₹ 5,206 ₹ 41,648
    30 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    29 Nov 2022 ₹ 4,928 ₹ 39,424 ₹ 5,174 ₹ 41,392
    28 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    27 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    26 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    25 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    24 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    23 Nov 2022 ₹ 4,908 ₹ 39,264 ₹ 5,153 ₹ 41,224

    Weekly & Monthly Graph of Gold Rate in Jabalpur (1 gram)

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    *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

    Factor July August September
    1st Day Rs.5,122 per gram Rs.5,038 per gram Rs.4,964 per gram
    Last Day Rs.5,059 per gram Rs.5,043 per gram Rs.4,954 per gram
    Highest Price Rs.5,153 per gram on 5 July Rs.5,138 per gram on 14 August Rs.5,061 per gram on 6 September
    Lowest Price Rs.4,959 per gram on 18 July Rs.5,017 per gram on 23, 24, and 29 August Rs.4,930 per gram on 27 September
    Trend Decline Incline Decline
    Change -1.23% 0.09% -0.20%

    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

    Factor April May June
    1st Day Rs.5,121 per gram Rs.5,184 per gram Rs.5,080 per gram
    Last Day Rs.5,184 per gram Rs.5,127 per gram Rs.5,001 per gram
    Highest Price Rs.5,326 per gram on 18 April and 19 April Rs.5,184 per gram on 1 May Rs.5,180 per gram on 13 June
    Lowest Price Rs.5,089 per gram on 4 April, 5 April, and 6 April Rs.4,933 per gram on 18 May Rs.5,001 per gram on 30 June
    Trend Incline Decline Decline
    Change 1.21% -1.11% -1.58%

    Find Today's Gold Price in Top Metro Cities

    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.**

    FAQs on Gold rate in Jabalpur

    1. What is the price of gold in Jabalpur today?

      In Jabalpur, the price of 22 karat gold is Rs.4,847 per gram and the price of 24 karat gold is Rs.5,090 per gram.

    2. Will the gold rate in Jabalpur increase or decrease?

      In Jabalpur, the gold rates depend on numerous factors like demand, inflation, interest rates, currency fluctuations, government policies, and more.

    3. How to check gold in Jabalpur?

      The purity of gold is determined by a process called Hallmarking. While buying gold in Jabalpur, make sure to check the hallmarking, Bureau of Indian Standards (BIS) logo, Jewellers' Identification Mark and Number.

    4. What are the different ways I can invest in gold in Jabalpur?

      The various forms of gold investment are physical gold, gold mutual funds, digital gold, gold ETFs, sovereign gold bonds, etc.

    5. How can I check if the gold I have purchased in Jabalpur is authentic?

      One of the ways you can check the purity of your gold is by immersing it in water. If it drops to the bottom, it indicates that your gold is pure. Bringing your gold near a magnet is another way to determine if it is pure or not. If the gold is pure, it will not be attracted to the magnet.

    6. What is the GST levied on gold?

      A GST of 3% is levied on gold.

    7. What is 24 karat gold in Jabalpur?

      24 karat gold is 99.9% pure and is also known as pure gold since it has no traces of other metals. It is appropriate for investment purposes but not for jewellery since it is too soft and pliable.

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