Gold Price/Rate in Kota Today

Gold is an auspicious metal for India, and Kota is no exception to this preference. People of Kota buy gold ornaments to wear on weddings and family functions, and give gold jewellery and articles as presents for anniversaries and birthdays. Rolled gold and gold-plated jewellery, which contain about 1% of gold polished on to the surface, are also popular.

Since gold is not produced locally, Kota jewellers depend on imported gold. Fluctuations in te international gold market, therefore, affect the prices in the city. Gold of 99.9% purity, 24-Carat gold, is generally purchased by jewellers and those investing in gold coins and bullions.

Gold of 91.6% purity, 22-karat, is favoured by consumers buying jewellery. Pure gold is not suitable to make ornaments because of its lack of strength. The 22-karat gold is mixed with 2 parts of silver, copper, nickel or other metals to form a durable alloy with which to make ornaments and gold articles.

Gold Rate Trend in Kota from January 2025 to March 2025 (per gram of 24 karat gold) 

Quarterly Gold Rate in Kota from January 2025 to March 2025 

1. For the month of January, gold prices in Kota opened at Rs.7,686 per gram. The price of the yellow metal fluctuated throughout the month, peaking on 31st January at Rs.8,306 per gram. The lowest price of gold was Rs.7,686 per gram for the month which was recorded on 1st January. Thus, the total performance of gold in Kota has been improving, with a percentage change of 8.06%. 

1. In Kota, the price of 24 carat gold entered the month of February at Rs.8,241 per gram and closed at Rs.8,467 per gram. The price of gold fluctuated dramatically and reached a low of Rs.8,199 per gram on 3rd and 4th February. The highest price was reported on 25th February, when a gram of 24 carat gold cost Rs.8,588. Gold prices jumped by 2.74% over the course of the month. 

1. In the month of March, 24 karat gold prices opened at Rs.8,446 per gram and closed at Rs.8,955 per gram. Over the course of the month, gold rates jumped by 6.03% and hit the peak price point of Rs.8,955 per gram on 31st March. While the lowest price point achieved by the precious yellow metal was at Rs.8,446 per gram on 1st, 2nd, and 3rd March. 

Gold Rate Trend in Kota from April 2024 to June 2024

Gold Rate Trend in Kota from January 2024 to March 2024

Gold as investment in Kota

No reliable figures are available to indicate the demand for gold in Kota. However, the high number of gold jewellery showrooms in the city indicate that the appetite for the precious metal is high in Kota. Kota's status are the third-largest city also means that several small-town citizens will flock to the city to purchase their ornaments.

Gold investment in Kota takes two main forms, just like in the rest of the country.

Physical gold - Indians invest in gold by buying jewellery and gold coins/bullions. They sell off the gold or pledge it for loans when they are in monetary crisis. Gold ornaments and articles are procured over the counter from jewellers and showrooms. However, gold bars and coins of the highest purity and quality can be obtained from banks and authorised financial institutions. These can also be got from jewellers and pawnshops, and people of Kota prefer to deal with shops than banks because of the slightly higher rates the banks charge.

Market trade - Paper gold investment options such as gold exchange traded funds (Gold ETFs), sovereign gold bonds and e-gold are also transacted in Kota. These modes may not be popular yet, but those trading in stocks and bonds are slowly becoming favourable towards gold funds and bonds.

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