Gold Rate In Kolhapur Today

Kolhapur is one of the major markets of gold in Maharashtra. Gold rate in Kolhapur is decided after a number of factors are taken into consideration. With a sizable population of gold buyers in the city being females and service-sector people, Kolhapur has a good demand for gold ornaments. This is also true for the rural populace who tend to invest in gold ornaments as a form of savings instead of gold bullions or ingots. The lower and middle class people in Kolhapur have an affinity towards gold.

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  • Today's Gold Rate in Kolhapur (08 Dec 2022)

    ₹ 5,033
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,033 ₹ 5,033 ₹ 0 ↑
    Standard Gold (22 K) (8 grams) ₹ 40,264 ₹ 40,264 ₹ 0 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,285 ₹ 5,285 ₹ 0 ↑
    Pure Gold (24 K) (8 grams) ₹ 42,280 ₹ 42,280 ₹ 0 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    08 Dec 2022 ₹ 5,033 ₹ 40,264 ₹ 5,285 ₹ 42,280
    07 Dec 2022 ₹ 5,033 ₹ 40,264 ₹ 5,285 ₹ 42,280
    06 Dec 2022 ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    05 Dec 2022 ₹ 5,043 ₹ 40,344 ₹ 5,295 ₹ 42,360
    04 Dec 2022 ₹ 5,028 ₹ 40,224 ₹ 5,279 ₹ 42,232
    03 Dec 2022 ₹ 5,028 ₹ 40,224 ₹ 5,279 ₹ 42,232
    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

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

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    • 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 Kolhapur

    Gold is available in different types in Kolhapur. Therefore, gold rate in Kolhapur varies from product-to-product of the yellow metal. In general, the gold bullion rates are the lowest in the city, while jewellery, ornaments and coins tend to cost more due to the workmanship done on them. Gold rate in Kolhapur is dynamic and follows the general trend of the state of Maharashtra.

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    FAQs on Gold rate in Kolhapur

    1. Where should I buy gold in Kolhapur?

      In Kolhapur, you can buy gold from any reputed jeweller. You can conisder buying gold from one of the many branded jewellers or even buy it from small jewellers. However, you have to make sure that the gold that you are getting is hallmarked and has proper authentication and paperwork done.

    2. Why do gold rates fluctuate in different cities in Kolhapur?

      The main reason behind the varied rates of gold across different cities and states in India is the addition of transportation charges of the precious metal. In addition to that, the rates also vary depending on the discount provided for bulk purchases. The transportation charges added to the price of gold leads to the fluctuating rates across the country during the same period.

    3. What are some of the brands from whom I can purchase gold?

      Some of the brands through which you can purchase gold from are PC Chandra Jewellers, Tanishq, TBZ, Kalyan Jewellers, Malabar Gold and Diamond, etc.

    4. Will the gold price keep changing in Kolhapur?

      Yes, the gold price in India will keep changing. The gold prices change on the basis of the fluctuations in the market, government tariffs and duties, etc.

    5. What are the factors that determine the price of gold?

      The price of gold is dependent on a number of factors such as the demand, rates of interest, international political conditions, condition of the stock markets, government policies, and so on.

    6. Why do investors invest in gold if the prices of US dollars and oil fall?

      Gold is considered to be a safe haven and less volatile in nature. Hence, when the price of US dollar and oil is impacted negatively, the investors in order to make profit turns toward investing in gold.

    Find Today's Gold Price in Top Metro Cities

    Gold buying patterns in Kolhapur

    Gold is popular in the form of ornaments and jewellery in Kolhapur, being the choice product for female, service-industry and rural people. Gold is available in Kolhapur in the following forms:

    • Physical gold- Solid gold is sold in the forms of jewellery, ornaments, utensils, bullions, bars, ingots, coins etc. in Kolhapur, with the most popular form being jewelleries and ornaments. These typically have a higher price tag than pure gold bars. Coins are also a good option as they allow people to hold gold in lower denominations, with bank-offered coins usually sold at higher price due to their assured quality.
    • Traded gold- Gold is also available for trade on spot and futures markets. The spot contracts can be bought instantly, with the physical metal getting delivered in the next few days, while futures contract is available for buying gold at current prices for a future date. This helps in offsetting the effects of inflation and will give buyers additional option to earn profits if markets are favourable to the price of gold. Gold is also available as exchange traded funds (ETF) by various providers, who speculate on the rate of gold on stock exchanges such as the Bombay Stock Exchange (BSE).

    Check Gold Price in NearBy Cities of Kolhapur

    Read More on Gold

    Gold Rate In Metro Cities
    Gold Rate In Other Capitals
    Gold Rate In Other Major Cities
    Gold Rate In States
    Bank Gold Schemes

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