Gold Rate in Madhya Pradesh Last Updated : 04 Dec 2022

  • Today's Gold Rate in Madhya Pradesh (04 Dec 2022)

    ₹ 5,028
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,028 ₹ 5,028 ₹ 0 ↑
    Standard Gold (22 K) (8 grams) ₹ 40,224 ₹ 40,224 ₹ 0 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,279 ₹ 5,279 ₹ 0 ↑
    Pure Gold (24 K) (8 grams) ₹ 42,232 ₹ 42,232 ₹ 0 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    04 Dec 2022 ₹ 5,028 ₹ 40,224 ₹ 5,279 ₹ 42,232
    03 Dec 2022 ₹ 5,028 ₹ 40,224 ₹ 5,279 ₹ 42,232
    02 Dec 2022 ₹ 5,008 ₹ 40,064 ₹ 5,258 ₹ 42,064
    01 Dec 2022 ₹ 4,958 ₹ 39,664 ₹ 5,206 ₹ 41,648
    30 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    29 Nov 2022 ₹ 4,928 ₹ 39,424 ₹ 5,174 ₹ 41,392
    28 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    27 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    26 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480
    25 Nov 2022 ₹ 4,938 ₹ 39,504 ₹ 5,185 ₹ 41,480

    Weekly & Monthly Graph of Gold Rate in Madhya Pradesh

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months
    Gold Price in Major Cities in Madhya Pradesh Price per 10 grams (22 karat/carat)
    Gold Price in Indore Rs.50,650
    Gold Price in Bhopal Rs.48,070
    Gold Price in Jabalpur Rs.50,470
    Gold Price in Gwalior Rs.48,070
    Gold Price in Sagar Rs.48,070
    Gold Price in Ujjain Rs.48,070
    Gold Price in dewas Rs.48,390
    Gold Price in Satna Rs.51,190
    Gold Price in Ratlam Rs.48,070
    Gold Price in Chhindwara Rs.48,070
    Gold Price in Itarsi Rs.49,070
    Gold Price in Burhanpur Rs.50,360
    Gold Price in Vidisha Rs.48,070
    Gold Price in Betul Rs.48,450
    Gold Price in Murwara Rs.50,470
    Gold Price in Khandwa Rs.48,070
    Gold Price in Khargone Rs.48,070
    Gold Price in Seoni Rs.48,070
    Gold Price in Bhind Rs.48,070
    Gold Price in Mandsaur Rs.50,470
    Gold Price in Morena Rs.48,070
    Gold Price in Singrauli Rs.48,070
    Gold Price in Guna Rs.50,470
    Gold Price in Chhatarpur Rs.48,070
    Gold Price in Neemuch Rs.48,070
    Gold Price in Dindori Rs.49,870

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Today's Gold Price in Madhya Pradesh

    Madhya Pradesh is a Northern state in India which is is said to be very rich in culture and boasts of one of the most ancient but renowned universities of India, Nalanda. The state is very well established in terms of language and artistry and are said to be consisting a population that has a very simple taste and lead a humble lifestyle, but when it comes to jewelry, gold is an auspicious part of their day to day life. A woman from the state is often seen wearing some sort of gold ornament even if it is the form of a nose ring. However, in Madhya Pradesh similar to other states in the country the rates are based on the prices around the region and fixed on the basis of the gold rates from the other parts of the country. Here, you will read about the general trend and rates of gold in the state.

    October 2022 Gold Rate in Madhya Pradesh

    Parameters Gold price (24 karat)
    October 1 Rate Rs.4,970 per gram
    October 31 Rate Rs.4,980 per gram
    Highest Rate in October Rs.5,127 per gram on 5 October
    Lowest Rate in October Rs.4,949 per gram on 21 October
    Overall Performance Incline
    Percentage Change 0.20%

    September 2022 Gold Rate in Madhya Pradesh

    Parameter Gold price (24 karat)
    September 1 Rate Rs.4,964 per gram
    September 30 Rate Rs.4,954 per gram
    Highest Rate in September Rs.4,991 per gram on 6 September 2022
    Lowest Rate in September Rs.4,859 per gram on 27 September 2022
    Overall Performance Declined
    Percentage Change 0.20%

    Trend of Monthly Gold Rate in Madhya Pradesh for September 2022

    • The gold price in Madhya Pradesh opened the month of September standing at the rate of Rs.4,964 per gram. Over the month of September, the precious yellow metal witnessed some fluctuations in its price and displayed an overall decline in its performance.
    • The highest price for the month was Rs.4,991 on 6 September 2022.
    • Gold prices in Madhya Pradesh recorded their lowest for the month on 27 September 2022 when a gram of the 24-karat gold was being traded for Rs.4,859. The overall performance of the yellow metal witnessed a declining trend wherein the percentage change stood at 0.20%.
    • The price of gold for the month of September closed at Rs.4,954 in Madhya Pradesh.

    Trend of Monthly Gold Rate in Madhya Pradesh for August 2022

    Parameter Gold price (24 karat)
    August 1 Rate Rs.5,038 per gram
    August 31 Rate Rs.5,043 per gram
    Highest Rate in August Rs.5,138 per gram on 14 August and 15 August 2022
    Lowest Rate in August Rs.5,017 per gram on 23 August, 24 August & 29 August 2022
    Overall Performance Incline
    Percentage Change 0.099%

    Trend of Monthly Gold Rate in Madhya Pradesh for August 2022

    • The gold price in Madhya Pradesh opened the month of August standing at the rate of Rs.5,038 per gram. Over the month of August, the precious yellow metal witnessed some fluctuations in its price and displayed an overall incline in its performance.
    • The highest price for the month was Rs.5,138 on 14 August and 15 August 2022.
    • Gold prices in Madhya Pradesh recorded their lowest for the month on 23 August, 24 August, and 29 August 2022 when a gram of the 24-karat gold was being traded for Rs.5,017. The overall performance of the yellow metal witnessed an inclining trend wherein the percentage change stood at 0.099%.
    • The price of gold for the month of August closed at Rs.5,043 in Madhya Pradesh.

    Also Check Gold Price in Metro Cities

    Gold as an investment in Madhya Pradesh

    When it comes to a safe investment option, Gold is considered to be one of the least riskiest of trading commodities in any market, whether regional or global. In Madhya Pradesh too the yellow metal is considered an investment option that is lower on risk factors, primarily based on the fact that it is highly affordable and culturally significant as mentioned before. Most families find this metal auspicious such as weddings and Dhanteras season. Also families involved in marriage exchange gold ornaments as a tradition especially for the bride and the other female family members. Investors in this part of the country also find it an integral part of their investment portfolio along with stock market and mutual fund investments. Investors have various options for gold trading through gold contracts and physical gold.

    Physical Gold - If you are buying gold in Madhya Pradesh, you have a variety options. This includes buying gold coins from jewelers as well as banks who offer products that are variegated in prices based on individual’s investment requirement and budget. Gold ornaments include chains, anklets, earrings, amulets, nose rings and rings which serve both as an investment along with being an accessory. Gold statues of gods and goddesses are also popular in Madhya Pradesh, with their demand peaking during festivals and religious processions during Akshaya Tritiya and Ganesh chaturthi. Gold in banks are slightly more expensive. But then again you have the advantage of gold that is certified and checked and you can be assured about the purity.

    Market Trade - In this state one can purchase gold through the markets, with gold being traded in the National Multi Commodity Exchange, National Commodity and Derivatives Exchange and the Multi Commodity Exchange. This is apt for individuals willing to purchase gold in bulk, with the minimum trading limit being set at 1 kg in general. It's a viable option for people who are well aware of the gold market and all that affects it.

    FAQs on Gold Rate in Madhya Pradesh

    1. Can fixed deposit interest rates impact the prices of gold in Madhya Pradesh?

      Yes, any change in the fixed deposit interest rates can impact the prices of gold in Madhya Pradesh.

    2. Will the prices of gold in Madhya Pradesh be the same as in the rest of the cities in India?

      No, the prices of gold in Madhya Pradesh will be different from the other cities in India because of local taxes.

    3. Is there any difference between 22 carat gold and 24 carat gold?

      Yes, 22 carat gold contains other metals apart from gold, while 24 karat gold contains does not contain any other metals.

    4. In which country is the price of gold the cheapest?

      Gold prices are the cheapest in Hong Kong.

    5. What are the factors that determine gold prices in Madhya Pradesh?

      Gold prices in Madhya Pradesh are determined by demand, interest rates, and government policies.

    Read More on Gold

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

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