Gold Rate In Ludhiana

  • Today's Gold Rate in Ludhiana ( 27 Sep 2021 )

    ₹ 4,479
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,479 ₹ 4,479 ₹ 0 ↑
    Standard Gold (22 K) ( 8 grams ) ₹ 35,832 ₹ 35,832 ₹ 0 ↑
    Pure Gold (24 K) ( 1 gram ) ₹ 4,703 ₹ 4,703 ₹ 0 ↑
    Pure Gold (24 K) ( 8 grams ) ₹ 37,624 ₹ 37,624 ₹ 0 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    26 Sep 2021 ₹ 4,479 ₹ 35,832 ₹ 4,703 ₹ 37,624
    25 Sep 2021 ₹ 4,479 ₹ 35,832 ₹ 4,703 ₹ 37,624
    24 Sep 2021 ₹ 4,479 ₹ 35,832 ₹ 4,703 ₹ 37,624
    23 Sep 2021 ₹ 4,519 ₹ 36,152 ₹ 4,745 ₹ 37,960
    22 Sep 2021 ₹ 4,544 ₹ 36,352 ₹ 4,771 ₹ 38,168
    21 Sep 2021 ₹ 4,509 ₹ 36,072 ₹ 4,734 ₹ 37,872
    20 Sep 2021 ₹ 4,489 ₹ 35,912 ₹ 4,713 ₹ 37,704
    19 Sep 2021 ₹ 4,499 ₹ 35,992 ₹ 4,724 ₹ 37,792
    18 Sep 2021 ₹ 4,499 ₹ 35,992 ₹ 4,724 ₹ 37,792
    17 Sep 2021 ₹ 4,499 ₹ 35,992 ₹ 4,724 ₹ 37,792

    Weekly & Monthly Graph of Gold Rate in Ludhiana (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.

    Gold Rate in Ludhiana

    Ludhiana is one of the major cities in Punjab. Therefore, gold rates in Ludhiana depend on the gold rates persisting in the state of Punjab and closely follows the trend of rates elsewhere in the country. Gold rates in Ludhiana are dynamic and fluctuate every day. Gold is a popular commodity as well as form of investment for the residents of Ludhiana, who invest in gold as a form of hedging against inflation. Gold rates in Ludhiana have been declining this year following the trend of gold prices in the rest of the country.

    Gold is popular in the form of jewellery and ornament in Ludhiana. This is true for both the urban and rural populace. Gold rate in Ludhiana varies for different varieties of gold, with the base price considered to be that of gold bullions. Jewelleries and coins usually have higher rates owing to the workmanship costs that get added to the final price of the gold.

    Trend of Gold Rate in Ludhiana for September 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.4,818 per gram
    September 12 Rate Rs.4,787 per gram
    Highest Rate in September Rs.4,839 per gram on 4, 5, and 6 September
    Lowest Rate in September Rs.4,787 per gram on 9, 11, and 12 September
    Overall Performance Decline

    September 2021 - Week 1 (1 - 5):

    • In Ludhiana, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
    • During the month, it recorded the highest rate on the 4th and 5th September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on the 2nd and 3rd of September when the price stood at Rs.4,808 per gram.
    • The precious metal closed the first week of September being traded at the rate of Rs.4,839 per gram in Ludhiana. The overall performance of the precious metal witnessed an incline.

    September 2021 - Week 2 (6 - 12):

    • In Ludhiana, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
    • During the month, it recorded the highest rate on the 4th and 5th September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on the 2nd and 3rd of September when the price stood at Rs.4,808 per gram.
    • The precious metal closed the first week of September being traded at the rate of Rs.4,839 per gram in Ludhiana. The overall performance of the precious metal witnessed an incline.

    Trend of Gold Rate in Ludhiana for August 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    August 1 Rate Rs.4,892 per gram
    August 31 Rate Rs.4,818 per gram
    Highest Rate in August Rs.4,892 per gram on 1 and 2 August
    Lowest Rate in August Rs.4,719 per gram from 9 to 11 August
    Overall Performance Decline

    August 2021 - Week 1 (1 - 8):

    • In Ludhiana, the price of gold at the start of the fourth week was Rs.4,892 per gram. When compared to previous week’s closing price, the rate saw no change in the city.
    • Gold recorded its highest price for the month till date on 20th August when a gram of 24-karat gold cost Rs.4,918. This price was earlier recorded on 16th August. Over the next three days, the price of the yellow witnessed fluctuations in the city.
    • Gold price in Ludhiana closed the week at Rs.4,860 per gram. The overall performance of the yellow metal in the city was one of incline.

    August 2021 - Week 2 (9 - 15):

    • In Ludhiana, the price of gold at the start of the second week was Rs.4,719 per gram. When compared to previous week’s closing price, the rate was down by Rs.52 in the city.
    • The opening price of the week was the lowest for the month till date. Gold price in the city climbed gradually after the rate remained unchanged on 10th and 11th August.
    • Gold price in Ludhiana closed the week at Rs.4,787 per gram. The overall performance of the yellow metal in the city witnessed a declining trend.

    August 2021 - Week 3 (16 - 22):

    • Gold price in Ludhiana opened the month of August standing at the rate of Rs.4,892 per gram.
    • The precious yellow metal recorded its highest price during the month on the 1st and 2nd of August wherein a gram of the 24-karat gold was being traded at the rate of Rs.4,892. The lowest recorded price of the yellow metal during the month was Rs.4,719 per gram which was recorded from 9th August to 11th August.
    • Gold closed the third week of August standing at Rs.4,803 per gram. The overall performance of gold in the city witnessed a decline.

    August 2021 - Week 4 (23 - 31):

    • The price of gold in Ludhiana at the start of the final week of August was Rs.4,813 per gram. Compared to previous week’s price, the rate was up by Rs.10 per gram.
    • The rate of the precious metal saw constant fluctuations over the week. On 28th August, a gram of 24-karat cost Rs.4,845 in the city.
    • Gold price in Ludhiana closed the fourth week at Rs.4,818 per gram. While the rate remained unchanged on 29th August, it slipped on 30th and 31st August. The overall performance of gold in the city was one of decline.

    Trend of Gold Rate in Ludhiana for July 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    July 1 Rate Rs.4,792 per gram
    July 31 Rate Rs.4,892 per gram
    Highest Rate in July Rs.4,918 per gram on 16, 20, and 30 July
    Lowest Rate in July Rs.4,792 per gram on 1 July
    Overall Performance Incline

    July 2021 - Week 1 (1 - 4):

    • The price of gold in Ludhiana at the start of the week was Rs.4,792 per gram. There was an increase of Rs.21 in the price of the yellow metal when the rate was compared to the precious week’s closing price.
    • Over the week, gold price recorded an inclining trend in the city. The yellow metal recorded its highest and lowest price for the month till date on 3rd and 1st July. A gram of 24-karat gold cost Rs.4,829 and Rs.4,792 on the mentioned dates.
    • Gold price in Ludhiana closed the week at Rs.4,829 per gram as the rate remained unchanged on 4th July.

    July 2021 - Week 2 (5 - 11):

    • The price of gold in Ludhiana at the start of the week was Rs.4,792 per gram. There was a decrease of Rs.26 in the price of the yellow metal when the rate was compared to the precious week’s closing price.
    • Over the week, gold price recorded a declining trend in the city. The yellow metal recorded its lowest price for the month till date in Ludhiana on 11th July. A gram of 24-karat gold cost Rs.4,782 on the mentioned date.
    • Gold price in Ludhiana continued to see slight changes over the remainder of the week and closed at Rs.4,792 per gram.

    July 2021 - Week 3 (12 - 18):

    • The price of gold in Ludhiana opened the month of July standing at the rate of Rs.4,792 per gram.
    • Over the third week of the month, gold recorded its lowest price on 1st July when a gram of the precious yellow metal was being traded at the rate of Rs.4,792. The highest rate of the precious metal was recorded on the 16th of July wherein it was being traded at the rate of Rs.4,918 per gram.
    • Gold closed the third week of the month standing at Rs.4,892 per gram. The overall performance of gold in the city witnessed an incline.

    July 2021 - Week 4 (19 - 25):

    • In Ludhiana, the price of gold at the start of the fourth week was Rs.4,892 per gram. When compared to previous week’s closing price, the rate saw no change in the city.
    • Gold recorded its highest price for the month till date on 20th July when a gram of 24-karat gold cost Rs.4,918. This price was earlier recorded on 16th July. Over the next three days, the price of the yellow witnessed fluctuations in the city.
    • Gold price in Ludhiana closed the week at Rs.4,860 per gram. The overall performance of the yellow metal in the city was one of incline.

    July 2021 - Week 5 (26 - 31):

    • The price of gold in Ludhiana opened the month of July standing at the rate of Rs.4,792 per gram.
    • Over the month, gold recorded its lowest price on 1st July when a gram of the precious yellow metal was being traded at the rate of Rs.4,792. The highest rate of the precious metal was recorded on the 16th, 20th, and 30th of July wherein it was being traded at the rate of Rs.4,918 per gram.
    • Gold closed the month of July standing at Rs.4,892 per gram. The overall performance of gold in the city witnessed an incline.

    Trend of Gold Rate in Ludhiana for June 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.5,013 per gram
    June 30 Rate Rs.4,771 per gram
    Highest Rate in June Rs.5,034 per gram on 3 June
    Lowest Rate in June Rs.4,771 per gram on 30 June
    Overall Performance Decline

    June 2021 - Week 1 (1 - 4):

    • Gold rate in Ludhiana was Rs.5,013 per gram on 1 June and due to a steady international trend, the metal’s price remained steady on 2 June.
    • The price of the precious metal increased to Rs.5,034 per gram on 3 June due to a weaker dollar value in the market which was the highest value of the metal during the week.
    • However, on 4 June, the price of gold dipped to below the Rs.5,000 per-gram mark and closed the week at Rs.4,950 per gram as the dollar value recovered in the market.

    June 2021 - Week 2 (5 - 11):

    • Gold price in Ludhiana at the start of the second week of June was Rs.4,992 per gram. There was an increase of Rs.42 in the price of the yellow metal when the rate was compared to the closing price of the previous week.
    • While the price of the precious metal remained unchanged the next day, it recorded a marginally decline on 7th June and was priced at Rs.4,981 per gram before recovering.
    • The yellow metal closed the week at Rs.5,013 per gram. Gold’s overall performance in the city remained stable.

    June 2021 - Week 3 (12 - 18):

    • Gold price in Ludhiana, at the start of the third week of June was Rs.4,976 per gram. There was a decrease of Rs.37 in the price of the yellow metal when the rate was compared to the closing price of the previous week.
    • The highest price of the precious metal was recorded on 3rd June where it stood at Rs.5,034 per gram. The lowest rate was recorded on 18th June wherein it was being traded at Rs.4,818 per gram.
    • The yellow metal closed the third week of June at Rs.4,818 per gram and the overall performance of the metal witnessed a declining trend.

    June 2021 - Week 4 (19 - 25):

    • The price of gold in Ludhiana at the start of the week was Rs.4,792 per gram. There was a decrease of Rs.26 in the price of the yellow metal when the rate was compared to the precious week’s closing price.
    • Over the week, gold price recorded a declining trend in the city. The yellow metal recorded its lowest price for the month till date in Ludhiana on 21st June. A gram of 24-karat gold cost Rs.4,782 on the mentioned date.
    • Gold price in Ludhiana continued to see slight changes over the remainder of the week and closed at Rs.4,792 per gram.

    June 2021 - Week 5 (26 - 30):

    • Gold price in Ludhiana opened the fifth week of June at Rs.4,803 per gram. Compared to the price charged at the end of the previous week, the rate was up by Rs.11 for every gram.
    • The price of the yellow metal remained stagnant the next day before recording a decline of Rs.11 for every gram on 28th June. On the mentioned date, gold was priced Rs.4,792 per gram in the city.
    • The yellow metal’s price slipped further on the final day of the week and closed at Rs.4,771 per gram. The overall performance of gold witnessing a declining trend in Ludhiana.

    Trend of Gold Rate in Ludhiana for May 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.4,761 per gram
    May 31 Rate Rs.4,992 per gram
    Highest Rate in May Rs.5,013 per gram on 26 May
    Lowest Rate in May Rs.4,761 per gram on 1 and 2 May
    Overall Performance Incline

    May 2021 - Week 1 (1 - 7):

    • In Ludhiana, the gold rate opened the first week of May at Rs.4,761 per gram and was steady on 2 May. The price of the metal increased on 3 May to Rs.4,782 per gram due to the dollar value declining in the market.
    • On 4 May, the price of the metal increased to cross the Rs.4,800 per-gram mark at Rs.4,803 per gram. However, due to the value of the dollar recovering and positive trends in the U.S. Treasury bond yields, gold prices declined to Rs.4,771 per gram.
    • On 6 May, gold saw an incline at Rs.4,782 per gram and further increased to hit its weekly high at Rs.4,834 per gram on 7 May. The metal closed the week at the same rate.

    May 2021 - Week 2 (8 - 14):

    • In Ludhiana, gold opened the second week of May at Rs.4,845 per gram. When compared to the closing price of the previous week, the rate was up by Rs.11 in the city.
    • While the price of gold didn’t see any change in the city until 11th May, the rate dropped on 12th May. A gram of 24-karat gold cost Rs.4,834 on the mentioned date.
    • Gold price in Ludhiana closed the week at Rs.4,850 per gram after the price increased on the final day. The overall performance of the yellow metal witnessed an inclining trend in the city.

    May 2021 - Week 3 (15 - 21):

    • In Ludhiana, gold opened the third week of May at Rs.4,876 per gram. When compared to the closing price of the previous week, the rate was up by Rs.26 for every gram.
    • The price of gold increased in the city over the week and recorded the highest price for the month of May till date on 20th May. On the mentioned date, a gram of gold costed Rs.4,950 in the city.
    • Gold price in Ludhiana closed the week at the same price with the overall performance of the yellow metal being one of incline.

    May 2021 - Week 4 (22 - 28):

    • In Ludhiana, gold prices were at Rs.4,950 per gram on 22 May, opening the fourth week of the month. Holding steady on 23 May, the price of the metal increased by Rs.10 to Rs.4,960 per gram on 24 May.
    • The value of gold remained steady at the same rate on 25 May. However, due to lower U.S. Treasury bond yields, the price of the metal increased to hit its monthly high, crossing the Rs.5,000 per-gram mark at Rs.5,013 per gram on 26 May.
    • However, as investors booked profits and the dollar value recovered, the price of the metal declined and was Rs.4,992 per gram on 27 May. On 28 May, gold prices closed at Rs.4,971 per gram.

    May 2021 - Week 5 (29 - 31):

    • The price of the metal in Ludhiana was Rs.4,986 per gram on 29 May and held steady due to weak international trends at the same price on 30 May.
    • On the last day of the week and month, gold price in Ludhiana increased to cross the Rs.4,900 per-gram mark and closed at Rs.4,992 per gram.

    Trend of Gold Rate in Ludhiana for April 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    April 1 Rate Rs.4,527 per gram
    April 30 Rate Rs.4,761 per gram
    Highest Rate in April Rs.4,892 per gram on 22 April
    Lowest Rate in April Rs.4,527 per gram on 1 April
    Overall Performance Incline

    April 2021 - Week 1 (1 - 4):

    • In Ludhiana, gold price at the start of the week was Rs.4,524 per gram. The price of the yellow metal was down by Rs.9 for every gram when compared to the previous week’s closing price.
    • The price of gold slipped further over the last two days of the week and recorded its lowest price for the month on the final day.
    • Gold price in Ludhiana closed at Rs.4,472 per gram with the overall performance witnessing a declining trend.

    April 2021 - Week 2 (5 - 11):

    • At Rs.4,562 per gram, the gold rate in Ludhiana increased to Rs.4,576 per gram and further to Rs.4,699 per gram on 7 April due to a weaker dollar value in the market.
    • The price of the yellow metal increased to cross the Rs.4,700 per-gram mark at Rs.4,720 per gram on 8 April. With investors shifting to safer assets, gold prices increased to hit its highest price of the week and the month at Rs.4,764 per gram on 9 April.
    • However, on 10 April, the value of gold dipped marginally to Rs.4,750 per gram and closed the week at Rs.4,750 per gram, recording an overall incline trend for the week.

    April 2021 - Week 3 (12 - 18):

    • Gold rate in Ludhiana was Rs.4,754 per gram on 12th April. There was an increase of Rs.4 in the price of a gram when the rate was compared to what was charged on the final day of the previous week.
    • Gold recorded its highest price for the month till date on 16th April when a gram of 24-karat gold was priced at Rs.4,807.
    • The yellow metal closed the week at Rs.4,797 per gram with the overall performance witnessing an inclining trend.

    April 2021 - Week 4 (19 - 25):

    • Gold rate on 19 April was Rs.4,824 per gram in Ludhiana and was holding steady on the following day at the same rate due to a muted trend in the market. Increasing marginally, the price of gold was Rs.4,871 per gram on 21 April.
    • Increasing further, the price of gold in Ludhiana hit its highest of the month at Rs.4,892 per gram on 22 April due to a weaker dollar value in the market. The yellow metal’s value dipped marginally on 23 April to Rs.4,866 per gram.
    • Declining by Rs.31, the price of the metal was Rs.4,845 per gram on 24 April and closed the week on 25 April with no change in price. 

    April 2021 - Week 5 (26 - 30):

    • Gold rate in Ludhiana at the start of the week was Rs.4,845 per gram. When compared to the closing price of the previous week, no change was recorded in the price of the yellow metal.
    • Over the week, the price of gold witnessed slight fluctuations in the city. While gold rate slipped on 27th and 28th April, it shot up on 29th April before declining again.
    • Gold closed the month at Rs.4,761 per gram. The overall performance of gold in Ludhiana witnessed an inclining trend.

    Trend of Gold Rate in Ludhiana for March 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    March 1 Rate Rs.4,673 per gram
    March 31 Rate Rs.4,472 per gram
    Highest Rate in March Rs.4,673 per gram on 1 March
    Lowest Rate in March Rs.4,472 per gram on 31 March
    Overall Performance Decline

    March 2021 - Week 1 (1 - 7):

    • Gold was priced Rs.4,673 per gram in Ludhiana at the start week. When compared to the closing price of the previous week, the rate was up by Rs.26 for every gram. The opening price of the yellow metal was the highest recorded price for the month till date.
    • Gold price witnessed a declining trend over the week. While the rate fluctuated over the next two days, it slipped and recorded its lowest on 5th March when a gram cost Rs.4,490 in the city.
    • Gold price in Ludhiana closed at Rs.4,527 per gram after the rate saw a slight increase on 6th March and remained unchanged on the final day of the week.

    March 2021 - Week 2 (8 - 14):

    • Opening the second week at Rs.4,532 per gram on 8 March, the gold rate in Ludhiana dipped to near its lowest price for the month at Rs.4,492 per gram as the U.S. dollar value showed an inclining trend. On 10 March, the price of the metal recovered and was Rs.4,526 per gram.
    • Increasing further to Rs.4,551 per gram on 11 March, the precious metal’s value dipped marginally in the market on 12 March at Rs.4,520 per gram as the U.S. Treasury yields showed a positive trend.
    • The value of gold on 13 March increased to Rs.4,541 per gram due to constant fluctuations seen in the market and closed the week at the same rate on 14 March.

    March 2021 - Week 3 (15 - 21):

    • Gold price in Ludhiana at the start of the week was Rs.4,538 per gram. There was a decline of Rs.3 in the price of a gram when the rate was compared to the closing price of the previous week.
    • Over the next three days of the week, the rate of gold increased in the city. The increase in the price of gold saw a gram being retailed for Rs.4,560 on 18th March.
    • Gold price fluctuated in Ludhiana on 19th and 20th March before closing the week at Rs.4,552 per gram. The overall performance of gold in the city witnessed a declining trend.

    March 2021 - Week 4 (22 - 28):

    • In Ludhiana, gold prices were Rs.4,552 per gram on 22 March during the fourth week of the month. The price of the metal declined to Rs.4,529 per gram on 23 March as the value of the dollar increased. On 24 March, the gold price in Ludhiana was Rs.4,531 per gram.
    • The price of the metal increased marginally on 25 March at Rs.4,536 per gram and declined on the following day by Rs.20 to Rs.4,516 per gram.
    • Increasing marginally on 27 March to Rs.4,533 per gram, the price of the precious metal remained steady on 28 March at the same rate and closed the week with an overall decline.

    March 2021 - Week 5 (29 - 31):

    • In Ludhiana, gold price at the start of the week was Rs.4,524 per gram. The price of the yellow metal was down by Rs.9 for every gram when compared to the previous week’s closing price.
    • The price of gold slipped further over the last two days of the week and recorded its lowest price for the month on the final day.
    • Gold price in Ludhiana closed at Rs.4,472 per gram with the overall performance witnessing a declining trend.

    Trend of Gold Rate in Ludhiana for February 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    February 1 Rate Rs.4,995 per gram
    February 28 Rate Rs.4,647 per gram
    Highest Rate in February Rs.4,995 per gram on 1 February
    Lowest Rate in February Rs.4,657 per gram on 19 February
    Overall Performance Decline

    February 2021 - Week 1 (1 - 7):

    • Gold rate in Ludhiana was Rs.4,995 per gram on 1 February and dipped to Rs.4,925 per gram on the following day. Due to increased risk appetite amongst investors, the price of the metal was Rs.4,868 per gram on 3 February.
    • On 4 February, the rate of gold dipped further to Rs.4,822 per gram and declined to hit its lowest on 5 February at Rs.4,822 per gram due to the rising trend of the U.S. dollar.
    • On 6 February, gold price in Ludhiana recovered marginally and was Rs.4,792 per gram and closed the week at the same rate with an overall declining trend seen during the week.

    February 2021 - Week 2 (8 - 14):

    • Gold prices in Ludhiana on 8 February were Rs.4,781 per gram during the starting of the second week. The price of gold increased to Rs.4,862 per gram on 9 February and hit its highest price on 10 February at Rs.4,854 per gram.
    • On 11 February, the price of the metal was Rs.4,831 per gram and dipped to Rs.4,807 per gram on 12 February as the value of the dollar increased in the market.
    • At the end of the week, gold prices dipped to below the Rs.4,800 per-gram mark on 13 February at Rs.4,791 per gram and closed at the same price at Rs.4,791 per gram on 14 February.

    February 2021 - Week 3 (15 - 21):

    • In Ludhiana, gold was priced Rs.4,787 per gram at the start of the third week of February. When compared to the closing price of the previous week, the rate of the yellow metal was down by Rs.4 for every gram.
    • Gold witnessed a declining trend in Ludhiana over the week. While the rate increased on 16th February, it slipped over the next three days and recorded its lowest price for the month on 19th February. On the mentioned date, a gram cost Rs.4,657 in the city.
    • Gold price in Ludhiana increased slightly on 20th February and closed the week at Rs.4,695 per gram.

    February 2021 - Week 4 (22 - 28):

    • Gold rate in Ludhiana opened the last week of February at Rs.4,694 per gram on 22 February and increased to Rs.4,749 per gram on 23 February due to a weaker dollar value in the market. However, on the following day, the metal’s value dipped marginally to Rs.4,738 per gram.
    • On 25 February, gold rates declined further to Rs.4,712 per gram as the value of the dollar recovered in the market. Due to this, investors shifted back to the equities market and was at Rs.4,682 per gram on 26 February.
    • A gram of 24-karat gold was priced at Rs.4,647 per gram on 27 February and closed at the same price on 28 February.

    Trend of Gold Rate in Ludhiana for January 2021 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    January 1 Rate Rs.5,079 per gram
    January 31 Rate Rs.4,988 per gram
    Highest Rate in January Rs.5,213 per gram on 6 January
    Lowest Rate in January Rs.4,952 per gram on 18 January
    Overall Performance Decline

    January 2021 - Week 1 (1 - 9):

    • Recording an overall declining trend for the first week of 2021, the price of gold in Ludhiana was Rs.5,079 per gram on 1 January and inclined by Rs.20 on the following day at Rs.5,099 per gram on 2 January and held steady on 3 January.
    • The price of the precious metal increased substantially to Rs.5,145 per gram on 4 January and further to Rs.5,196 per gram on 5 January. On 6 January, the yellow metal hit its highest price of the week at Rs.5,213 per gram.
    • However, the gold rate in Ludhiana soon recorded a decline on 7 January at Rs.5,159 per gram and further dipped to Rs.5,145 per gram on 8 January. The metal closed the week at Rs.5,048 per gram on 9 January.

    January 2021 - Week 2 (10 - 16):

    • In Ludhiana, a gram of the 24-karat gold was priced Rs.5,048 on 10th January. The price of gold didn’t see any change when the rate was compared to the closing price of the previous week.
    • While the price of gold witnessed fluctuations on 11th and 12th January, it slipped considerably in the city since 14th January and recorded its lowest price for the month till date on final day of the week.
    • Gold price in Ludhiana closed the second week of January at Rs.4,958 per gram. The overall performance of gold in the city was one of decline.

    January 2021 - Week 3 (17 - 23):

    • The price of gold in Ludhiana was Rs.4,958 per gram on 17 January and dipped to hit its lowest at Rs.4,952 per gram on 18 January. The price of the metal increased to Rs.4,973 per gram on 19 January.
    • On 20 January, the gold rate in Ludhiana increased marginally Rs.3 to Rs.4,976 per gram and further to Rs.5,025 per gram on 21 January as investors shifted back to the bullion market.
    • The value of the metal decreased to below the Rs.5,000 per-gram level to Rs.4,997 per gram on 22 January and closed the week at Rs.4,988 per gram on 23 January as the value of the dollar recovered in the market.

    January 2021 - Week 4 (24 - 31):

    • Gold price in Ludhiana at the start of the final week of January was Rs.4,988 per gram. The price of the yellow metal was similar to the closing price of the previous week.
    • The price of gold slipped in the city over the next three days and a gram was retailed for Rs.4,952 on 27th January. While the rate improved slightly the next day, it slipped again on 29th January.
    • Gold closed at Rs.4,988 per gram after the rates increased on the penultimate day of the week. The overall performance of gold witnessed a declining trend in the city.

    Trend of Gold Rate in Ludhiana for December 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    December 1 Rate Rs.4,846 per gram
    December 31 Rate Rs.5,074 per gram
    Highest Rate in December Rs.5,130 per gram on 21 December
    Lowest Rate in December Rs.4,846 per gram on 1 December
    Overall Performance Incline

    December 2020 - Week 1 (1 - 6):

    • Gold rate in Ludhiana opened the week at Rs.4,846 per gram. There was a drop of Rs.44 in the price of every gram when the price was compared to the closing price of the previous month.
    • Having opened the week at the lowest recorded price for the month till date, the price of gold increased in the city and climbed to its highest for the month till date on 4th December. On the mentioned date, a gram of the yellow metal was retailed for Rs.4,976.
    • Gold price dropped in the city the next day and closed the week at Rs.4,972 per gram. The overall performance of the yellow metal recorded an inclining trend.

    December 2020 - Week 2 (7 - 13):

    • Gold prices opened the second week of the month on 7 December in Ludhiana and hit its highest price early in the week at Rs.5,057 per gram on 8 December. However, the metal saw a considerable decline in its price on 9 December at Rs.5,005 per gram.
    • On 10 December, the gold rate in Ludhiana dipped further to Rs.4,990 per gram and had declined to Rs.4,983 per gram on 11 December.
    • The price of the metal increased on the following day to Rs.5,002 per gram and closed the week at the same rate.

    December 2020 - Week 3 (14 - 20):

    • A gram of 24-karat gold was retailed for Rs.5,002 in Ludhiana at the start of the third week of December. The price of gold didn’t see any change when compared to the price charged on the final day of the previous week.
    • Over the week, gold price in Ludhiana was on an upward curve for the most part. While the rates dipped on 15th December, the rates recovered and climbed to Rs.5,043 per gram by 17th December.
    • The incline in the rates continued and saw gold record its highest price for the month till date on 19th December when a gram cost Rs.5,095. Gold closed the week at the same price as the rate remained unchanged on the final day of the week. The yellow metal’s overall performance witnessed an inclining trend.

    December 2020 - Week 4 (21 - 27):

    • The price of the gold in Ludhiana on 21 December was Rs.5,130 per gram and dipped to Rs.5,098 per gram on 22 December due to higher risk appetite and the dollar value recovering in the market. On 23 December, the price of the metal dipped further to Rs.5,062 per gram.
    • On 24 December, gold price in Pune increased marginally to Rs.5,063 per gram and inclined to Rs.5,077 per gram on Christmas Day.
    • The price of the metal increased marginally to Rs.5,080 per gram on 26 December and closed the week at the same rate on 27 December.

    December 2020 - Week 5 (28 - 31):

    • In Ludhiana, a gram of 24-karat gold was retailed for Rs.5,109 at the start of the fifth week of December. The price of gold witnessed an incline of Rs.29 for every gram when the price was compared to the closing price of the previous week.
    • Over the week, gold price in Ludhiana witnessed some fluctuations. The yellow metal was priced Rs.5,075 per gram on 30th December.
    • Gold closed the week at Rs.5,074 per gram after the rate saw a minimal decline of Re.1 on the final day of the year. The overall performance of the yellow metal was one of incline.

    Trend of Gold Rate in Ludhiana for November 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    November 1 Rate Rs.5,171 per gram
    November 30 Rate Rs.4,890 per gram
    Highest Rate in November Rs.5,215 per gram on 7 November to 9 November
    Lowest Rate in November Rs.4,890 per gram on 28 November – 30 November
    Overall Performance Decline

    November 2020 - Week 1 (1 - 8):

    • Gold rate in Ludhiana opened the first week of November at Rs.5,171 per gram on 1 November and was steady throughout the first half of the week until 4 November.
    • The price of the metal was at its lowest on 5 November at Rs.5,138 per gram. However, the metal’s price recovered and was Rs.5,188 per gram on 6 November.
    • On 7 November, gold price increased to hit its highest of the week at Rs.5,215 per gram and closed the week at the same rate due to uncertainty revolving the U.S. elections.

    November 2020 - Week 2 (8 - 15):

    • Gold rate in Ludhiana opened the second week of November at Rs.5,215 per gram. There was no change in the rates when compared to the closing price of the previous week.
    • The price of gold saw slight fluctuations over the next few days and recorded its lowest price for the month till date on 12th November when a gram was retailed for Rs.5,077.
    • Gold closed the week at Rs.5,109 per gram in Ludhiana. The metal’s overall performance in the city witnessed a declining trend.

    November 2020 - Week 3 (16 - 22):

    • In Ludhiana, gold rate opened the third week of November at Rs.5,149 per gram on 16 November and dipped to Rs.5,128 per gram on 17 November as the risk appetite increased amongst investors in the market.
    • On 19 November, the price of the metal was below the Rs.5,100 per gram mark at Rs.5,072 per gram and was at its lowest price on 20 November at Rs.5,069 per gram as various pharmaceutical companies offered positive news on the upcoming COVID-19 vaccine.
    • On 21 November, the gold rate in Ludhiana was Rs.5,085 per gram and closed the week at the same price, recording an overall weekly decline in its prices.

    November 2020 - Week 4 (23 - 30):

    • Gold rate in Ludhiana opened the last week of the month at Rs.5,077 per gram on 23 November and dipped to Rs.4,963 per gram on the following day. With the rise in the dollar value, the demand for gold dipped with a positive trend seen in the equities market.
    • The price of the precious metal on 25 November was Rs.4,959 per gram and declined to Rs.4,925 per gram on 26 November. The price of gold dipped further to Rs.4,892 per gram on 27 November.
    • With a marginal decline on 28 November to Rs.4,890 per gram, the price of the metal remained steady at the same price until closing on 30 November.

    Trend of Gold Rate in Ludhiana for October 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    October 1 Rate Rs.5,166 per gram
    October 31 Rate Rs.5,171 per gram
    Highest Rate in October Rs.5,229 per gram on 13 October
    Lowest Rate in October Rs.4,914 per gram on 18, 19 and 20 October
    Overall Performance Incline

    October 2020 - Week 1 & 2 (1 -11):

    • Opening at Rs.5,166 per gram on 1 October, gold price in Ludhiana showed an overall incline throughout the week, increasing marginally to Rs.5,177 per gram on 4 October. The metal’s price remained steady on 5 October.
    • On 6 October, the gold rate fell to Rs.5,135 per gram on 6 October which was the lowest price of the metal in the week. Increasing to Rs.5,187 per gram on 7 October, gold price fell to Rs.5,135 per gram on 8 October.
    • The price of the yellow metal increased to Rs.5,166 per gram on 10 October and was at its highest on the last day of the week and closed at Rs.5,202 per gram.

    October 2020 - Week 3 (12 - 18):

    • Gold price in Ludhiana opened the third week of October at Rs.5,208 per gram. There was no change in the rates when compared to the closing price of the previous week.
    • Gold recorded its highest price for the month till date on 13th October when a gram was retailed for Rs.5,229 in the city.
    • The price of gold slipped to Rs.5,171 per gram on 15th October. The decline in the rates continued and closed the week at Rs.4,914 per gram with the overall performance witnessing a declining trend.

    October 2020 - Week 4 (19 - 25):

    • In Ludhiana, the gold rate opened the fourth week of the month at Rs.4,914 per gram on 19 October and held steady at the same price on 20 October due to the mute trends in the international markets.
    • However, on 21 October, due to the uncertainty of the U.S. stimulus package, the gold price in Ludhiana increased to Rs.5,171 per gram and held steady until the end of the week.
    • Closing at Rs.5,171 per gram on 25 October, the precious metal recorded an overall incline for the week.

    October 2020 - Week 5 (26 - 31):

    • Gold price in Ludhiana opened the fifth week of October at Rs.5,171 per gram. When compared to the closing price of the previous week, there was no change in the rate of the yellow metal.
    • Over the week, the price of the yellow metal didn’t see any change in Ludhiana.
    • Gold closed the week at Rs.5,171 per gram with the overall performance witnessing an inclining trend.

    Trend of Gold Rate in Ludhiana for September 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.5,287 per gram
    September 30 Rate Rs.5,135 per gram
    Highest Rate in September Rs.5,297 per gram on 16 September
    Lowest Rate in September Rs.5,077 per gram on 29 September
    Overall Performance Decline

    September 2020 - Week 1 (1 - 6):

    • Opening the week at Rs.5,287 per gram, gold rate in Ludhiana showed a declining trend throughout the week with the value of the dollar increasing in the international market against other currencies.
    • On 2 September, the metal hit its highest price of the week at Rs.5,292 per gram with the value of the dollar dropping marginally and risk appetite dipping.
    • On 4 September, the price of the metal hit its lowest price of the month at Rs.5,208 per gram and held steady at the same price until the end of the week on 6 September.

    September 2020 - Week 2 (7 - 13):

    • Gold rate in Ludhiana opened the second week of September at Rs.5,208 per gram. Compared to the closing price of the previous week, there was no change in the rates.
    • Over the next few days, the price of gold increased in the city with a gram costing Rs.5,276 on 11th September.
    • The price of gold closed the week at Rs.5,234 per gram. In Ludhiana, the overall performance witnessed a declining trend in the rates.

    September 2020 - Week 3 (14 - 20):

    • Gold rate in Ludhiana opened the third week of September at Rs.5,234 per gram. There was no change in the rates when compared to the closing price of the previous week.
    • Over the next few days, the price of gold increased in the city. This resulted in the yellow metal recording its highest price for the month till date on 16th September when a gram was retailed for Rs.5,297.
    • Gold closed the week at Rs.5,287 per gram in Ludhiana. The metal’s overall performance remained stable in the city.

    September 2020 - Week 4 (21 - 27):

    • In Ludhiana, the price of the metal opened the fourth week of September at Rs.5,287 per gram and dipped to Rs.5,271 per 10 grams on 22 September. The metal showed a declining trend throughout the week due to the rise in the dollar value.
    • On 24 September, the gold rate in Ludhiana was Rs.5,145 per gram and dipped further to Rs.5,124 per gram on the following day.
    • The gold price was at its lowest in the month on 26 September dipping to Rs.5,103 per gram and closed the week at the same rate on 27 September.

    September 2020 - Week 5 (28 - 30):

    • In Ludhiana, gold opened the final week of September at Rs.5,103 per gram. When compared to the price charged on the final day of the previous week, there was no change in the rates
    • The price of gold recorded its lowest price for the month the following day as a gram of the 24-karat gold was retailed for Rs.5,077.
    • Gold price in Ludhiana increased on the final day of the month and closed at Rs.5,135 per gram. The overall performance recorded a declining trend in the city.

    Trend of Gold Rate in Ludhiana for August 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    August 1 Rate Rs.5,481 per gram
    August 31 Rate Rs.5,250 per gram
    Highest Rate in August Rs.5,749 per gram on 8 August
    Lowest Rate in August Rs.5,234 per gram on 27 and 28 August
    Overall Performance Decline

    August 2020 - Week 1 (1 - 9):

    • On 1 August, gold price in Ludhiana was Rs.5,481 per gram and showed an inclining trend throughout the week. On the following day, gold rates increased marginally to Rs.5,486 per gram and held steady.
    • Gold price showed an incline in the following days of the week, increasing to cross the Rs.5,600 per gram mark on 6 August at Rs.5,618 per gram and increased marginally on 7 August.
    • The price of the metal inclined due to increased safe-haven demand to hit record highs at Rs.5,749 per gram on 8 August and closed at Rs.5,707 per gram on 9 August.

    August 2020 - Week 2 (10 - 16):

    • At the start of the second week of August, gold price in Ludhiana was Rs.5,707 per gram. There was no change in the rates when compared to the closing price of the previous week.
    • Over the week, the yellow metal witnessed a declining trend in the rates. Gold recorded its lowest price for the month till date on 12th and 13th August when a gram cost Rs.5,276 per gram.
    • While the rates improved over the next two days, it slipped on the final day of the week and closed at Rs.5,371 per gram.

    August 2020 - Week 3 (17 - 23):

    • In the third week of August, gold price in Ludhiana was Rs.5,371 per gram on 17 August and remained steady at the same rate until 19 August due to a mute trend.
    • On 20 August, the price of the metal increased to cross the Rs.5,400 per gram mark at Rs.5,444 per gram. However, on the following day, the gold rate dropped to Rs.5,376 per gram.
    • The price of the metal on 22 August increased marginally to Rs.5,387 per gram with investors shifting to the bullion. On the last day of the week, gold price hit its lowest at Rs.5,355 per gram.

    August 2020 - Week 4 (24 - 31):

    • Gold price in Ludhiana was Rs.5,355 per gram at the start of the final week of August. When compared to the closing price of the previous week, there was no change in the rates.
    • The price of the yellow metal slipped in the city over the next few days and recorded its lowest price for the month on 27th and 28th August when a gram cost Rs.5,234 per gram.
    • The price of gold increased in the city over the last three days of the month and closed the week at Rs.5,250 per gram. The overall performance of the metal witnessed a declining trend.

    Trend of Gold Rate in Ludhiana for July 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    July 1 Rate Rs.4,946 per gram
    July 31 Rate Rs.5,439 per gram
    Highest Rate in July Rs.5,439 per gram on 31 July
    Lowest Rate in July Rs.4,925 per gram on 7 July
    Overall Performance Incline

    July 2020- Week 1 (01 - 05):

    • Opening the first week of July, the value of gold in Ludhiana on 1 July was Rs.4,946 per gram which was the lowest price of the month. On 2 July, gold prices increased and hit the highest price of in more than 7 years at Rs.4,993 per gram. This was majorly due to the surge in COVID-19 cases in the United States of America and other countries as well. Investors shifted to the safe-haven asset and away from riskier assets.
    • However, on 3 July, the value of gold dipped with increased risk sentiment amongst investors after the United States of America projected positive data. Apart from this, reports of a possible vaccine to battle COVID-19 also escalated risk appetite prompting investors to shift to the equities market. The value of the metal on 3 July was Rs.4,951 per gram.
    • On 4 July, the value of the metal held steady with no changes in prices at Rs.4,951 per gram as investors awaited further developments on the vaccine and the economic data of the country. On the last day of the week, the value of the metal remained unchanged at Rs.4,951 per gram with an overall weekly incline.

    July 2020 - Week 2 (06 - 12):

    • In the city of Ludhiana, a gram of gold was priced at Rs.4,951 per gram on 6 July, opening the second week of the month. The price of the precious metal dipped marginally on the following day to Rs.4,925 per gram on 7 July with investors shifting towards the equities market with the U.S. dollar recovering in the market. With an increased risk appetite, the value of the dollar dipped. The price of the yellow metal increased to Rs.4,961 per gram on 8 July with recovering gold prices as the number of fresh COVID-19 cases all over the world.
    • On 9 July, the price of the metal increased further Rs.4,988 per gram with the rise in fresh cases in the United States of America and India. The value of the yellow metal increased to hit the highest price of the week at Rs.5,030 per gram, crossing the Rs.5,000 per gram mark on 10 July.
    • The value of the metal dipped to Rs.5,009 per gram on 11 July as the investors speculated an economic recovery in the market and on the last day of the week, the metal closed at Rs.5,019 per gram on 12 July, recording an overall weekly incline.

    July 2020 - Week 3 (13 - 19):

    • In Ludhiana, the price of gold was Rs.5,019 per gram at the start of the third week of July. There was no change in the rates when compared to the closing price of the previous week.
    • Gold rates fluctuated over the week in the city. The yellow metal recorded its highest price for the month till date on 16th and 17th July when a gram was retailed for Rs.5,035.
    • Gold rate in Ludhiana closed the week at Rs.5,030 per gram. While the rates fluctuated in the city, it witnessed an inclining trend.

    July 2020 - Week 4 (20 - 26):

    • Gold price in Ludhiana at the start of the fourth week of July was Rs.5,030 per gram. Compared to the closing price of the previous week, there was no change in the rates.
    • The price of gold slipped in the city on 21st July before increasing gradually over the week. The incline in the rates saw gold record its highest price for the month till date on 26th July.
    • In Ludhiana, gold price closed the week at Rs.5,245 per gram. The overall performance of the yellow metal witnessed an inclining trend in the city.

    July 2020 - Week 5 (27 - 31):

    • In Ludhiana, gold rates on 27 July were Rs.5,245 per gram and increased to cross the Rs.5,300 per gram mark on the following day.
    • On 29 July, gold prices in Ludhiana were at Rs.5,381 per gram and crossed the Rs.5,400 per gram mark on 30 July with increased safe-haven demand of the metal due to lower risk appetite amongst investors.
    • At the end of the week and month, the metal hit its monthly high at Rs.5,39 per gram on 31 July and closed at the same price.

    Trend of Gold Rate in Ludhiana for June 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.4,799 per gram
    June 30 Rate Rs.4,961 per gram
    Highest Rate in June Rs.4,961 per gram on 30 June
    Lowest Rate in June Rs.4,725 per gram on 8 June
    Overall Performance Incline

    June 2020 - Week 1 (1 - 7):

    • In Ludhiana, gold opened the month of June at Rs.4,799 per gram. There was no change in the rates when compared to the closing price of the previous month. The rates climbed to Rs.4,825 per gram on 3rd June on the back of concerns of a fresh economic setback after reports of riots in the United States.
    • The price charged on 3rd June was the highest recorded price of the precious metal for the month till date. The rates dipped following that in the city as equity markets rallied on economic optimism and the risk-on sentiment was boosted given hopes of further stimulus measures.
    • Gold closed the opening week of the month at Rs.4,725 per gram. This was the lowest price of the yellow metal for the month of June till date. The overall performance witnessing a declining trend in the rates.

    June 2020 - Week 2 (8 - 15):

    • In Ludhiana, gold prices showed an overall inclining trend for the second week of the month. The rise in prices was majorly due to the risk appetite dipping amongst investors due to the second wave of COVID-19 cases being reported all over the world. With this, the safe-haven demand of the metal inclined and was priced at Rs.4,736 per gram on 9 June and was steady on 10 June at the same price. Amidst the international trend of the metal showing positive signs due to investors focusing on the bullion, the price of the metal increased on 11 June to Rs.4,799 per gram.
    • On 12 June, the price of gold increased to cross the Rs.4,800 per gram mark at Rs.4,846 per gram and held steady on 13 June as investors awaited the United States Federal Reserve to release the economic data projection. The metal showed a continuous fluctuation in its prices due to various factors affecting the metal’s trend in the international market.
    • However, on 14 June, gold prices dipped marginally to Rs.4,835 per gram with the value of the dollar increasing in the international market. Even though the economic data projected a negative trend in the United States of America and the United Kingdom, the price of the metal held steady in the city of Ludhiana and closed the week at Rs.4,835 per gram on 15 June.

    June 2020 - Week 3 (16 - 21):

    • The yellow metal opened the third week of June at Rs.4,830 per gram in Ludhiana. There was a decline of Rs.5 for every gram when compared to the closing price of the previous week. It was accounted to the dollar hovering near a more than one-week high.
    • Gold rates increased in the city on 18th and 19th of June having stayed constant on 17th June. A gram of the yellow metal cost Rs.4,856 per gram on 19th June. The increase in the rates was accounted to increased demand fearing a second wave of coronavirus cases.
    • The precious metal closed the week at Rs.4,909 per gram. This was the highest recorded price of gold for the month till date. The rates witnessed an inclining trend in the city over the week.

    June 2020 - Week 4 (22 - 30):

    • Gold was priced at Rs.4,909 per gram on 22nd June in Ludhiana. When compared to the closing price of the previous week, there was no change in the rates of the yellow metal.
    • The rates of the yellow metal increased in the city on all days of the weeks except for 24th June when the rates recorded a fall of 21 paise and on 29th June when the rates remained stagnant.
    • The increase in the rates was seen after hopes of a quick economic recovery was dented due to increasing number of coronavirus cases across the world. Gold, which witnessed an inclining trend in the rates closed the week at Rs.4,961 per gram.

    Trend of Gold Rate in Ludhiana for May 2020 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.4,699 per gram
    May 31 Rate Rs.4,799 per gram
    Highest Rate in May Rs.4,841 per gram on 16 May
    Lowest Rate in May Rs.4,646 per gram on 2 May
    Overall Performance Decline

    May 2020 - Week 1 (1 - 9):

    • In Ludhiana, gold was priced at Rs.4,699 per gram at the start of the month of May. When compared to the closing price of the previous month, the rate of the gold for every gram was down by Rs.62.
    • While the rates slipped again the next day and recorded its lowest price for the month with a gram costing Rs.4,646, gold price increased to Rs.4,751 per gram on 3rd May. This was the highest recorded price of the gold for the month to date. The increase in the rate of gold was accounted to investors moving away from riskier assets following U.S. President Donald Trump’s threat of imposing new tariffs on China over the COVID – 19 crisis.
    • Over the next few days, the gold rate fluctuated in the city and closed the week at Rs.4,678 per gram. In Ludhiana, gold prices witnessed a declining trend over the first week of the month of May.

    May 2020 - Week 2 (10-16):

    • Opening the second week of the month at Rs.4,678 per gram on 10 May, gold recorded an overall incline in its prices in the city of Ludhiana. The price of the metal showed no difference compared to its previous week’s closing price and on 11 May, the metal’s price increased to Rs.4,694 per gram with lower risk appetite amongst investors with fears of a second wave of COVID-19 cases being reported all over the world.
    • The price of the metal remained steady at the same price on 12 May at Rs.4,694 per gram and increased to Rs.4,741 per gram on 13 May, increasing by Rs.47 per gram. As central banks all over the world released additional stimulus packages to support the economy, the bullion market received a boost and hence, the price of gold increased. On 14 May, the price of the yellow metal dipped marginally to Rs.4,720 per gram due to a strong dollar value in the United States of America.
    • On 15 May, the price of gold recovered its losses and increased to Rs.4,788 per gram renewed tensions between China and the United States of America. With investors having a low risk appetite and shifting to the bullion market amidst uncertainty around the trade tensions, the yellow metal hit its highest price of the week at Rs.4,841 per gram on 16 May, closing the week at an overall incline in prices.

    May 2020 - Week 3 (17 - 23):

    • Gold was priced at Rs.4,841 per gram in Ludhiana at the start of the third week of May. There was no change in the rates of the yellow metal when compared to the closing price of the previous week.
    • The yellow metal which witnessed an inclining trend over the week in the city recorded its highest price for the month till date on 18th May with a gram costing Rs.4,883. The increase in the rates was seen after a batch of weak data knocked the hopes of a quick global economic recovery.
    • On 20th May, the rates slipped in Ludhiana as the bullion’s safe haven appeal was dented. A gram of the precious metal cost Rs.4,851 on the mentioned date. The metal didn’t see any change in the rates over the next couple of days before recording a slight fall on the final day of the week. In Ludhiana, gold closed the week at Rs.4,841 per gram.

    May 2020 - Week 4 (24 - 31):

    • Opening the last week of the month at Rs.4,841 per gram on 24 May, the precious metal showed a declining trend in its prices through the week. On 26 May, the price of the metal dipped to Rs.4,830 per gram due to increased risk appetite amongst investors after Japanese equities showed positive data, boosting risk appetite and investors shifting from away from the bullion market. The price of the metal on 27 May held steady at Rs.4,830 per gram.
    • However, on 28 May, gold prices showed a heavy decline, dipping to below the Rs.4,800 per gram mark to Rs.4,788 per gram. The decrease in prices was due to the ease of restrictions for COVID-19. With the economy getting back on track, risk appetite increased amongst investors and the price of the metal dipped and held steady on 29 May as well at Rs.4,788 per gram.
    • The price of the metal on 30 May was holding steady at Rs.4,788 per gram. With tensions rising inside the United States of America due to riots and tensions rising between Washington and Beijing concerning the Security Law imposed on Hong Kong from China, the risk appetite amongst investors decreased to a great extent, prompting them to shift to the bullion market as safe-haven. At the end of the week and the month, gold closed at Rs.4,799 per gram on 31 May recording an overall weekly decline in its prices.

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

    Parameters Gold price (24 karat)
    April 1 Rate Rs.4,158 per gram
    April 30 Rate Rs.4,761 per gram
    Highest Rate in April Rs.4,846 per gram on 29 April
    Lowest Rate in April Rs.4,158 per gram from 1 - 18 April
    Overall Performance Incline

    April 2020 - Week 1 (1 - 4):

    • Gold rates in Ludhiana were Rs.4,253 per gram on the first of April and there were no changes in the price of the gold as India had imposed a 21-day lockdown of the country. With the gold hitting a low in the previous month as traders resorted to cash to survive in the crisis-hit market, the rate of the gold remained the same.
    • With no trading going on in the country, gold prices in the international market, on the other hand, was showing a positive trend. The gold prices had recovered marginally compared to the third week of March with investors shifting to the bullion market amidst growing market tensions.
    • As investors waited on the job data from the United States of America, the gold rate increased marginally. However, with the rising value of the dollar in the international market, gold prices were set to drop. But with poor job data being released by the U.S., the losses of the metal were limited. At the end of the month, gold closed at Rs.4,253 per gram on 4 April.

    April 2020 - Week 2 (5 -11):

    • The yellow metal opened the second week of April at Rs.4,253 per gram. There was no change in the rates of the yellow metal when compared to the losing price of the previous week.
    • Even though the rates of the yellow metal saw some changes in the international market, the rates of gold saw no change in the city over the week.
    • The metal closed the week at Rs.4,253 per gram in Ludhiana with no decline or incline in the prices.

    April 2020 - Week 3 (12 - 18):

    • In Ludhiana, the precious metal opened the third week of April at Rs.4,253 per gram. Since the beginning of the month, with the whole country on lockdown, there were no changes in the rates of the yellow metal.
    • There were constant changes in the price of gold in the international market due to various factors. With investors speculating a recession, the price of the metal increased due to safe-haven demand. However, with the yellow metal seeing some changes in the international market, the rates of gold were steady throughout the week.
    • At the end of the week, on 18 April, the metal closed at Rs.4,253 per gram in Ludhiana with no decline or incline in the prices.

    April 2020 - Week 4 (19 - 25):

    • In Ludhiana, gold opened the fourth week of April at Rs.4,253 per gram. There was no change in the rates of the yellow metal when compared to the closing price of the previous week.
    • The rates climbed after staying constant for the next day. The increase in the prices was due to dwindling share markets as the rates of U.S. crude oil plunged. The increase in the prices meant that gold recorded its highest price for the month of April till date on 21st April with a gram cost Rs.4,792.
    • With investors booking profits from sharp gains in the previous session, the rates of the precious metal slipped to Rs.4,727 per gram on 23rd April in the city. The rates recovered over the last two days of the week and closed at Rs.4,746 per gram with the overall performance showing an incline in the prices.

    April 2020 - Week 5 (26 - 30):

    • Gold prices in Ludhiana were at Rs.4,757 per gram on 26 April and remained steady on 27 April at the same price. The metal’s price fluctuated during the week recording a minor dip in prices and major inclines. This was a result of the global factors at play and the international bullion prices.
    • The price of the metal remained steady at Rs.4,757 per gram on 28 April and increased to hit its highest price of the month at Rs.4,846 per gram on 29 April. The rise in prices was due to the stimulus packages being launched by the central banks. The price of the metal dipped at the end of the month and closed at Rs.4,761 per gram, recording an overall incline for the month of April.

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

    Parameters 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

    March 2020 - Week 1 (01 - 07):

    • In the first week of March, gold prices opened at Rs.4,169 per gram in Ludhiana. The price of the gold was the same on 2 March as well with a muted local demand along with investors awaiting the decision of the Federal Reserve on a possible rate cut to help stabilise the economy hit by the Coronavirus. The gold price on 3 March, increased marginally by Rs.10 to Rs.4,284 per gram.
    • However, on 4 March, the gold showed a substantial gain in prices in the state at Rs.4,305 per gram. This was majorly due to investors shifting to the bullion market amidst increased safe-haven demand along with the decision by the United States Federal Reserve to cut down the interest rates. The positive trend of the gold prices in the global market continued and increased further on 5 March to Rs.4,452 per gram.
    • After decreasing marginally on 6 March to Rs.4,436 per gram due to a dip in local demand, the metal hit its highest price in the week and the month till date at Rs.4,536 per gram. The price of gold was the highest in 7 years. At the end of the week, gold closed the first week of the month at Rs.4,536 per gram.

    March 2020 - Week 2 (8 - 14):

    • In Ludhiana, gold opened the second week of March at Rs.4,510 per gram. Compared to the previous week’s closing price, the rates of the yellow metal were down by Rs.26 for every gram in the city.
    • Gold prices slipped over the week due to a variety of factors. A gram of the yellow metal cost Rs.4,499 on 11 March as risk sentiment improved and the dollar firmed on expected global support measures to soften the economic impact from the coronavirus.
    • The rates closed the week at Rs.4,237 per gram, the lowest recorded price for the precious metal in the month till date. Gold’s overall performance in Ludhiana showed a declining trend in the prices.

    March 2020 - Week 3 (15 - 21):

    • The gold rate in Ludhiana was priced at Rs.4,237 per gram at the beginning of the third week of the month on 15 March. The price of the gold showed an overall declining trend in prices with investors shifting to cash amidst the growing tensions in the economy due to the effect of Coronavirus. Gold prices were steady on 16 March at Rs.4,237 per gram, however, increasing marginally by Rs.10 to Rs.4,247 per gram on 17 March with the United States Federal Reserve cutting down repo rates to help the economy.
    • The gold rate dipped substantially on 18 March to be priced at Rs.4,153 per gram with investors hoarding for cash in a panic-stricken market with governments going on lockdown and cash being crucial for survival. Due to the heavy selling of gold, the gold price dipped. However, on 19 March, the gold rate increased to Rs.4,226 per gram as the European Central Bank announced adequate measures to be taken to help the economy.
    • Even though the ECB announced measures which resulted in buying of the metal, on 20 March the price of the gold closed at the monthly and weekly low till date at Rs.4,111 per gram. Investors and traders took to heavy liquidating of assets for urgent cash to survive the market. On 21 March, the gold rate increased due to a sudden rise in safe-haven appeal of the gold, closing the week at Rs.4,190 per gram.

    March 2020 - Week 4 (22 - 31):

    • In Ludhiana, the rate of the precious metal was priced at Rs.4,253 per gram at the start of the fourth week of March. There was no change in the prices when compared to the closing price of the previous week.
    • The rates of the yellow metal didn’t see any change over the week in the city after opening the week with a decent increase. The rates remained stagnant even though the rates of the precious metal did fluctuate in the global market as investors liquidated their positions in the safe-haven metal despite stimulus measures being announced by global central banks in a bid to combat the economic damage caused by the coronavirus pandemic.
    • The 24-karat gold closed the last week of March at Rs.4,253 per gram in Ludhiana. The rates remaining unchanged in the city was accounted to the 21-day lockdown imposed across the country by the government in a bid to contain the spread of the deadly virus that has so far claimed thousands of lives. The overall performance of the precious metal witnessed a declining trend in the city.

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

    Parameters Gold price (24 karat)
    1st February Rate Rs.4,169 per gram
    29th February 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

    February 2020- Week 1 (1 - 9):

    • In the first week of February, the price of gold was on its way to hit its highest price in 5 months in the country, including in Ludhiana. However, with various measures taken by China to stabilise its economy, gold prices saw an overall declining trend in the week. The metal opened at Rs.4,169 per gram and held steady for 3 days until 3 February.
    • Gold prices were at its highest on 4 February at Rs.4,195 per gram and then dipped drastically to Rs.4,158 per gram on 5 February. This was when China introduced extended liquidity into its economy in an attempt to neutralise the damage done by the virus. This, in turn, prompted investors to shift back to the stock market. Due to an increased risk appetite amongst investors, the metal’s prices dipped.
    • On 7 February, the price of the metal hit its lowest price of the week at Rs.4,116 per gram. However, this measure did not last for long as the death toll along with the number of people affected by the virus kept increasing. Investors started investing in the bullion yet again, thus increasing demand. On 9 February, the price of the metal was Rs.4,148 per gram.

    February 2020 - Week 2 (10 - 16):

    • In Ludhiana, gold prices stood at Rs.4,148 per gram on 10 February. The rates shot up the next day before dropping considerably for a couple of days as the risk appetite improved and there was a fall of new coronavirus cases in China.
    • The rates of the yellow metal improved in the city over the week as investors bet on the safe-haven metal to hedge against the economic impact due to the outbreak of coronavirus in China.
    • Gold closed the second week of February at Rs.4,211 per gram, the highest recorded price for the month till date. The overall performance of the yellow metal in the city showed an incline in the prices.

    February 2020 - Week 3 (17 - 23):

    • In the third week of February, gold prices in October opened at Rs.4,211 per gram with no changes in prices when compared to the previous session’s closing price. However, the price of the metal dipped on 18 February to Rs.4,195 per gram due to higher risk appetite amongst investors as China took measures to liquidate funds and support their economy.
    • However, those measures were short-lived with the effect of the Coronavirus escalating and affecting people not in China but other countries such as Italy and South Korea as well. The price of the metal held steady till 19 February at Rs.4,195 per gram. On 20 February, gold prices increased to Rs.4,237 per gram with investors shifting back to the bullion market.
    • With high risk in the stock markets due to the effect of the virus on the global economy, investors shifted back to the bullion market resulting in the rise in gold prices. The metal hit the Rs.4,300 per gram mark on 20 February and increased further to Rs.4,368 per gram on 23 February. This clubbed with a steady local demand led to the metal closing the week at the same price.

    February 2020 - Week 4 (24 to 29):

    • In the fourth week of February, gold prices opened at Rs.4,368 per gram. There was no change in the prices when compared to the previous week’s closing price.
    • Gold hit the highest price for the month on 25 February with every gram costing Rs.4,394 in the city. The jump in the prices was accounted to the U.S. dollar edging higher as the rapid spread of the virus beyond China drove fears of a pandemic and weighed on Asian currencies and global equities.
    • The rates of the yellow metal closed the final week of the month at Rs.4,368 per gram. The closing price was the same as the opening price of the week with the overall performance of gold showing an incline in the prices in Ludhiana.

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

    Parameters 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

    January 2020- Week 1 (01 - 05):

    • In Ludhiana, the price of gold opened the month at Rs.3,995 per gram on 1 January. Due to various geopolitical factors, the metal saw an inclining trend in prices through the week. On 2 January, the price of the metal increased to Rs.4,011 per gram.
    • However, on 3 January, gold prices had marginally decreased to Rs.4,001 per gram, however not before increased to Rs.4,069 per gram on 4 January. The rise in gold prices was majorly due to an increase in the demand as investors shifted from the stock market to the bullion as a safe haven.
    • On 5 January, gold was priced at Rs.4,111 per gram almost touching its 7-year high price due to the increasing tensions between the United States of America and Iran.

    January 2020- Week 2(06 - 12):

    • In Ludhiana, the price of gold opened the second week of January at Rs.4,111 per gram on 6 January. Due to the ongoing tensions between the United States of America and Iran, the metal saw a fluctuating trend in prices through the week. On 7 January, the price of the metal increased to Rs.4,179 per gram.
    • However, amidst a changing global trend, on 9 January, gold prices had hit its weekly high at Rs.4,211 per gram despite a positive stock market trend. However, the price of the metal decreased soon after President Trump announced that the United States will not retaliate against Iran.
    • Due to this, risk appetite increased amongst investors as the dollar showed a rise in its value against other currencies. As the shift occurred from the bullion market to stocks, the price of the metal declined. The metal closed the week at a price of Rs.4,095 per gram.

    January 2020- Week 3(13 - 19):

    • Opening the third week of the month at Rs.4,095 per gram, gold prices in Ludhiana remained steady with minor fluctuations. On 14 January, the price of the metal dipped from Rs.4,095 per gram to Rs.4,074 per gram as investors were focused on the market ahead of the trade deal being signed by the United States of America and China.
    • On 15 January, the price of gold dipped further to Rs.4,037 as traders with an increased risk appetite diverted their investments to the stock market as the trade deal was signed by the two countries. On 16 January, gold prices recovered due to uncertainties on the unresolved issues in the trade deal.
    • With tensions in the Middle East rising after an attack in Yemen was responsible for the death of more than 100 soldiers, investors shifted to the bullion as a safe haven asset. The price of gold had increased to Rs.4,074 per gram and remained the same until the end of the week.

    January 2020- Week 4 (20 - 26):

    • Gold opened the fourth week of January at Rs.4,074 per gram in Ludhiana. There was no change in the rates of the yellow metal when compared to the previous week’s closing price.
    • The rates of the yellow metal climbed over the next two days of the week with investors seeking refuge in the safe-haven metal rates amid growing concerns regarding tensions in the Middle East and the outbreak of coronavirus in China. As of 22 January, gold was retailed for Rs.4,116 per gram in the city.
    • In Ludhiana, gold prices slipped to Rs.4,079 per gram the next day as the dollar firmed and investors assessed the risk of the deadly virus becoming a global epidemic. Over the remaining days of the week, gold prices increased gradually and ended the week at Rs.4,142 per gram.

    January 2020- Week 5 (27 - 31):

    • With the Coronavirus affecting more than China, in Ludhiana, the price of the metal in the last week of January showed an inclining trend. Investors shifted to the bullion for its safe-haven appeal and awaited developments on the rate cuts by the United States Federal Reserve. The metal opened the last week in Pune at Rs.4,142 per gram.
    • The price of the metal increased on 28 January to Rs.4,158 per gram as fears of the virus increased as the number of cases and deaths increased globally. However, on 29 January, the price of the metal showed a marginal decline to Rs.4,153 per gram and further dipped to hit its lowest on 30 January.
    • With the investors taking stock of how the virus might affect the markets, the price of the metal dipped with a rise in the dollar value. The price of the metal dipped to Rs.4,116 per gram on 30 January. However, with the WHO declaring a World Health Emergency, investor fears increased resulting in gold closing the month at Rs.4,169 per gram.

    Find Today's Gold Price in Top Metro Cities

    Gold buying patterns in Ludhiana

    Gold id preferred in the physical form in Ludhiana like the rest of the state. Major gold products in the city include:

    Over the counter: Gold jewellery is a popular item with the people of Ludhiana. Being one of the prosperous cities in the country, Ludhiana residents have been banking on gold products as investment and savings option. Major jewellers in the city include PC Jewellers, Nikkamal Jewellers, Ganpati Jewellers, Palace Jewellers, Nataraj Jewellers, to name a few. Physical gold is also sold as coins by major banks and private dealers in the city. Gold bullion is sold at base gold rates persisting for the day and are offered by a select few large dealers only.

    Traded gold: Gold can also be purchased through spot and futures contracts. These contracts are available in a specified time, with spot contracts preferred by those who want the gold to be delivered at the earliest. Futures contracts lets Ludhiana residents buy gold at current prices and get it delivered at a later rate, thereby shielding them against negative market pressure. Gold ETFs can also be traded at the Bombay Stock Exchange

    FAQs of Gold Rate in Ludhiana

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

      Ans: The price of gold in Ludhiana as on 11 February 2021 is Rs.4,831 per gram or Rs.48,310 per 10 grams.

    2. What has been the trend of gold rate in Ludhiana in 2021?

      Ans: Gold rates in Ludhiana have shown steady decline after being in the Rs.5,000 per-gram range during January. However, with the economy gradually recovering, gold prices have seen a decline.

    3. Why is the gold rate in Ludhiana constantly changing?

      Ans: Gold rates in India are dependent on the international price of the yellow metal. Due to constant changes in the international price of gold due to various factors, gold rates in Ludhiana have been fluctuating.

    4. Will the gold rate in Ludhiana rise in 2021?

      Ans: At the current trend of gold rate in Ludhiana, gold rates may see some volatility at its current level and also witness support in its lower levels. With the COVID-19 crisis, gold prices had reached an all-time high in August 2020. However, with the economy recovering slowly, the value of gold may fluctuate.

    Read more on Gold

    Gold Rate - Sitemap

    News About Gold Rate In Ludhiana

    • Indian gold prices today

      The price of gold remained unchanged at Rs.47070 and was on par with the average gold price observed this week which was Rs.47115.7.

      The global price of gold today was $1816.7, which saw a growth of 0.18%.

      The price of gold grew 0.18% to $1816.7 per Troy ounce which is 4.24% higher than average gold price observed in the past 30 days which is $1739.7. Price of silver dropped 0.06% to $25.2 per Troy ounce.

      The price of platinum rose 0.05% to $1078.0 per Troy ounce. Meanwhile in India, the price of gold was quoted at Rs.47021 per 10 gram on MCX, with a change of Rs.51.7.

      The price of gold India dropped today by 0.11% to Rs.47021 per 10 gram. Meanwhile, silver futures dropped nearly 0.31% or Rs.197.4 per kg to the price level of Rs.63663 per kg.

      13 September 2021

    • MCX Gold prices on 10 August fall by over 1%

      Gold prices on the Multi Commodity Exchange (MCX) fell by over 1% on 10 August, 2021. This was tracking a four-month dip in international spot gold prices. Gold contracts in October traded 1.4% lower to settle at Rs.45,981 per 10 grams.

      10 August 2021

    • Yellow metal trades higher; buy for a target of Rs 47,350

      Prices of gold in India traded higher on Wednesday due to positive trend in the international spot prices after the US Federal Reserve Chair Jerome Powell announced that the interest rates will not be hiked too quickly.

      On the Multi-Commodity Exchange (MCX), August gold contracts rose 0.16% at Rs.47,085 for 10 grams. July silver futures grew 0.57% at Rs.67,899 a kilogram.

      24 June 2021

    • Gold rates see a marginal decline while silver dips below the Rs.71,000 per-kg mark

      Gold prices in the National Capital Region dipped below the 2-week low due to a stronger dollar value and positive bond yields. Gold futures on the Multi Commodity Exchange dipped by 0.04% to Rs.48,659 per 10 grams. Silver futures also saw a marginal decline of 0.08% and was at Rs.70,753 per kg.

      In the spot market, 24-karat gold was priced at Rs.49,002 per 10 grams while silver was priced at Rs.71,240 per kg.

      In the international market, spot gold showed a marginal decline of 0.1% to $1,869.56 per ounce and U.S. gold futures were at $1,872.10 per ounce, falling by 0.1%. Silver prices decreased by 0.2% to $27.39 per ounce.

      4 June 2021

    • Gold prices witness a flat trend in the domestic market

      Gold prices were trading flat on 18 May in the domestic market despite a positive trend seen in the international market. Silver prices, on the other hand, showed a positive trend in the market.

      On the Multi Commodity Exchange, gold contracts for June delivery were trading lower by 0.15% at Rs.48,400 per 10 grams. Silver futures for July contracts were trading higher by 0.86% at Rs.73,953 per kg.

      In the international market, gold and silver prices showed a positive trend due to a weaker dollar and lower U.S. Treasury bond yields. Gold futures for June were at $1,867.60 per ounce and silver futures for July delivery were trading at $28.27 per ounce.

      18 May 2021

    • Gold rates jump by 0.36% in India on 15 April 2021

      Gold futures prices for the month of June on MCX jumped by 0.35% on 15 April 2012 and were at Rs.46,775 for 10 grams. In the previous session, gold prices were mixed due to a weak dollar. In the global markets, gold futures prices for the month of June settled at $1,736.30 for an ounce. Due to a strong rupee, gold prices settled on a weaker note in India. According to a Senior Research Analyst at Reliance Securities, gold prices in the global markets fell on 14 April.

      16 April 2021

    • Gold rates trade flat in India on 6 April 2021

      Gold futures prices for the month of June on MCX fell by 0.15% and were at Rs.45,350 for 10 grams on 6 April 2021. According to experts, a weak dollar and the rise in inflation may support the prices of the yellow metal. Several experts have advised investors to buy gold fpr a target of Rs.45,600. The prices of the yellow metal are facing resistance at $1,744-$1,758 for an ounce and support at $1,714-$1,700 for an ounce. In the international markets, the prices of spot gold traded marginally higher.

      8 April 2021

    • Gold rates are steady at Rs.44,791

      Gold prices had fallen by Rs.70 to Rs.44,791 in the Mumbai retail market on subdued global cues. The metal had traded steady ahead of the Fed's rate-setting meet outcome that will be announced.

      The rate of 10 gram 22-carat gold in Mumbai was Rs 41,029 plus 3 percent GST, while 24-carat 10 gram was Rs 44,791 plus GST. The 18-carat gold quoted at Rs 33,593 plus GST in the retail market. The U.S. 10-year treasury yields surged to 1.66%, up 4 basis points denting the non-yielding metal’s appeal. The US dollar traded higher at 91.94, or up 0.07% against a basket of six rival currencies.

      19 March 2021

    • Gold edges lower, buy on dips for a target of Rs.45,800

      Spot gold had eased at $1,734.16 per ounce, and had dipped to its lowest since June at $1,706.70. On the Multi-Commodity Exchange (MCX), the gold contracts April had traded trading lower by 0.1% and reached Rs.45,500 for 10 grams. The silver futures for May had traded 0.05% lower and reached Rs.69,181 a kilogram. The gold and silver rates had settled on a positive note. The gold futures contract for April had settled at $1,736.95 per troy ounce.

      4 March 2021

    • Gold futures prices by Rs.21 on 15 February 2021

      Gold futures prices for the month of April fell by Rs.21 and were at Rs.47,297 for 10 grams. Spot gold prices in the country were at Rs.49,200 for 10 grams. In the international markets, spot gold prices were at $1,825 for an ounce. According to several experts, gold prices are expected to hit $1,850 for an ounce. In the last week, gold prices increased by 0.2% when compared to the previous week. According to several experts, gold prices were affected due to the cut in import duty. Silver prices jumped by 2.6% as well.

      16 February 2021

    • Gold prices increase and Silver March Futures increase by 2%

      On the Multi-Commodity Exchange (MCX), the future contracts for April had been trading higher by 0.42% and reached Rs.48,024 for 10 grams. The March futures for silver had been trading 1.8% higher and reached Rs.68,770 a kilogram. Gold and silver prices had reduced amidst the strength in the U.S. dollar index and gains in the equity markets.

      5 February 2021

    • Yellow metal dips and trades lower

      On the Multi-Commodity Exchange (MCX), gold future contracts for February had been trading lower by 0.29% and reached Rs.50,758 for 10 grams. The silver contracts for March had been trading 0.26% lower and reached Rs.69,777 a kilogram. A lot of analysts have said that investors can buy gold on the dip for a target of Rs.51,000- Rs.51,200 per 10 gm. Silver can be bought at a target of Rs.71,500. Gold and silver had recovered from the previous day's low and settled on a positive note. Gold futures contract for February had reached $1,913.60 per troy ounce and silver futures for March had reached $27.26 per troy ounce.

      11 January 2021

    • Rate of gold dips due to the COVID-19 vaccine rollout; demand for the metal shows decline

      Gold prices showed marginal declines on 14 December 2020 as the rollout of the COVID-19 vaccine increased risk appetite amongst investors and shifted towards the equities market. The value of spot gold dipped by 0.3% to $1,833.21 per ounce. U.S. gold futures also eased by 0.3% to $1,838.19 per ounce.

      According to sources, with investors paying attention to the developments of the COVID-19 vaccine, the price of gold may ease further. Silver prices also dipped by 0.1% to $23.90 per ounce.

      16 December 2020

    • Gold rates trading above Rs.51,000 on 4 November 2020

      Due to the uncertainties over the US elections and the increase in the number of coronavirus cases, the prices of gold were trading above Rs.51,000 on 4 November 2020. Gold futures prices on MCX fell by Rs.350 and were at Rs.51,250. In the international markets, spot gold prices fell by 0.6% and were at $1,896.44 for an ounce. Gold futures prices in the US fell by 0.7% and were at $1,897.10 for an ounce. A strong dollar ensured that the prices of gold are expensive for other currency holders. There are hopes of stimulus measures being introduced due to the tensions escalating between China and the US.

      5 November 2020

    • Gold prices hits the highest level in a month

      The price of gold climbed by Rs.390 and now stands at Rs.51,366 per 10 grams in the retail market. This has been resulted after the Indian Rupee stands weak and the global cues go positive.

      This is also the highest price of the precious metal in the country since 18 September 2020. The rate of 10 grams of 22 carat gold stood at Rs.47,051 excluding GST. 24 carat gold, on the other hand, stood at the rate of Rs.51,366 for 10 grams excluding GST. 18 carat gold retailed at the rate of Rs.38,525 in the retail market.

      22 October 2020

    • Gold back above Rs.51,000 per 10 gram after 14 days, silver crosses Rs.61,000/kg

      Prices of gold increased by Rs.546 to Rs.51,044 per 10 gram as the value of rupee dropped. The yellow metal traded flat, tracking a weak dollar and over worries regarding a global economic recovery.

      The prices in the Indian market crossed the Rs.51,000 mark. While spot gold price in global market rallied over $1,900 per ounce, indicating that the overall momentum is still positive.

      The rate of 10 gram 18, 22 and 24-carat gold in Mumbai was recorded to be Rs.38,283, Rs.46,756 and Rs.51,044, respectively, plus 3% GST.

      Spot gold traded up $4.78 at $1,918.20 an ounce.

      Silver prices surged Rs 1,001 to Rs 61,112 per kg from its closing on October 5.

      The gold rate touched an intra-day high of Rs.50,940 and a low of Rs.50,468 on the Multi-Commodity Exchange (MCX). For the December series, gold touched a low of Rs.48,384 and a high of Rs.56,379.

      8 October 2020

    • Gold prices fall for the second day in a row on 23 September 2020

      The prices of gold fell for the second consecutive session in India on 23 September 2020. The comments made by the Federal Reserve officials regarding the economy ensured that the prices of gold were reduced. The increase in the value of the dollar made sure that the prices of the yellow metal hit a one-month low. Gold futures prices for the month of October on MCX were slashed by Rs.590 and were at Rs.49,788 for 10 grams. Earlier in August, gold prices hit record highs and were at Rs.56,191 for 10 grams. So far in 2020, the prices of the yellow metal have increased by 41.50%. In the global markets, gold prices fell for the third session in a row.

      24 September 2020

    • Gold prices increase to Rs.51,380 per 10 grams; silver prices increase

      Gold prices in the country increased on 14 September as the notion of slow global growth prompted investors to shift to the bullion market. Along with this, weaker employment growth and slower global economic recovery also supported the value of the bullion market.

      On the Multi Commodity Exchange, gold futures increased marginally by Rs.61 to Rs.51,380 per 10 grams and hit an intraday high of Rs.51,599 per 10 grams. Gold futures on the MCX was lower by more than Rs.4,500 compared to its lifetime high at Rs.56,191 per 10 grams.

      Silver futures of September increased to Rs.68,050 per kg with an incline of Rs.126 and hit an intraday high of Rs.68,500 per kg. The white metal had hit its lifetime high on 7 August at Rs.77,949 per kg.

      In the international market, spot gold was $1,948 per ounce and silver prices dipped by 0.3% at $26.68 per ounce.

      15 September 2020

    • Gold prices plunge 6 times in one week

      After strong gains in previous sessions, the prices of gold and silver plunged, with gold dipping 6 times in one week. On the MCX, the October gold futures were at Rs.51,665 per 10 grams which was 0.22% lower than before. Silver futures were at Rs.66,821 per kg which was 1% less than before. In the previous session, gold had bounced back after dipping for 5 days with a surge of up to Rs.900 per 10 gram while silver had increased to Rs.3,500 per kg. The holdings of the world's largest gold-backed exchange-traded fund (ETF), SPDR Gold Trust, rose 0.3% to 1,252.09 tonnes on Wednesday. In global markets, spot gold was priced at $1,952.11 per ounce on the back of a weaker US dollar. Silver dipped 0.8% to $27.30 per ounce. The price of platinum rose 0.6% to $934.29. The dollar index fell to a one-week low to 0.2%.

      1 September 2020

    • Gold rates look set to record first weekly decline since early June

      Hike recorded in U.S. Treasury yields saw gold rates fall on Friday as investors reassessed their positions following a retreat from a record peak recorded earlier in the week. The fall in the rates put the bullion on course for the first weekly decline since early June. The price of spot gold was down by 0.5 percent to cost $1,942.95 per ounce while US gold futures were down by 0.9 percent and was trading at $1,951.90 per ounce. It must be noted here that the price of the yellow metal has increased by 28 percent so far this year as investors pushed towards the bullion as a hedge against possible inflation and currency debasement following the unprecedented global stimulus to ease the economic blow suffered because of the pandemic.

      Among other metals, silver recorded a drop of 4 percent, platinum prices witnessed a fall of 1.4 percent while palladium rates were down by 1.2 percent. The metals were trading at $26.46, $944.35, and $2,142.04 respectively.

      14 August 2020

    • Gold rate increases by 1% following positive cues in the international market

      August futures for gold increased by more than 1% on the Multi Commodity Exchange on 27 July after positive trends seen in the international market. Gold increased to hit record highs at $1,920 per ounce in the international market after consulates closed in China and the United States of America due to tensions persisting between two countries.

      This had a negative impact on the risk appetite amongst investors and the safe-haven demand for the bullion increased.

      In India, the price of the metal was trading higher by 1.4% at Rs.51,782 per 10 grams and silver futures for September was trading at Rs.61,223 per kg, higher by 0.05%.

      Gold and silver prices had previous hit record highs due to a range of stimulus packages being released by various central banks to support the economy after it was hit by the COVID-19 pandemic.

      28 July 2020

    • Gold prices likely to see resistance at Rs.47,300 per 10 grams as equities rise

      With August Gold Futures trading flat in the market and the country, the price of the metal saw a muted trend due to a rally in the equity markets. On June 15, the United States Federal Reserve had announced a few tweaks to the gold bond-buying program. The Fed had widened the range of eligible assets and would now include all U.S. corporate bonds which satisfied the criteria.

      Gold and silver prices dipped in the international market on 16 June, however, the Fed’s decision on gold bonds resulted in a dip in the U.S. dollar value and provided support to the precious metal. On Monday, gold futures contracts settled at $1,727 per troy ounce and silver was priced at $17.40 per troy ounce. At the Multi Commodity Exchange, gold and silver settled on a negative trend in its prices with a loss of close to 0.50%.

      On the Multi Commodity Exchange, June gold contracts were trading higher at Rs.47,145 per gram with an incline percentage of 0.25 along with silver which was also trading higher by 0.25% at Rs.47,655 per kg.

      17 June 2020

    • Prices of gold increase in India on 29 May 2020

      Tracking an increase in global rates, the prices of gold in India increased on 29 May 2020. The prices of gold in the international markets increased due to the tensions between China and the US after China imposed a security law in Hong Kong.

      Gold futures prices for the month of June on MCX increased by 0.34% and were at Rs.46,565 for 10 grams. After hitting record highs of Rs.47,980 for 10 grams earlier this month, the prices of gold have reduced by around Rs.1,500 because of the reopening of economies and the improvement for riskier assets. According to Anand Rathi Shares’ research analyst, Jigar Trivedi, the prices of gold increased due to the weak economic data of the US and the trade tensions between China and the US. He further added that the sentiment for gold will continue to remain positive. In the international markets, the prices of gold increased by 0.1% and were at $1,719.63 for an ounce. Several measures have been introduced by Central Banks all over the world to help the economy during the coronavirus outbreak. This helped ensure that the prices of gold have continued to remain high. Gold prices in the country are inclusive of 3% GST and 12.5% import duty.

      29 May 2020

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

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.