Gold Rate In Nanded Today Last Updated : 04 Dec 2022

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

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

    Compare 22K & 24K Gold Rate In Nanded (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 Nanded (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.

    Todays Gold Price in Nanded

    Located on the banks of the Godavari River, Nanded is one of the primary locations for Sikh pilgrimages. It’s the place where Guru Gobind Singh granted Guruship to Guru Grant Saheb, and also where Guru Gobind Singh passed away. The Swami Ramanand Teerth Marathwada University has helped Nanded become an education hub in the region, attracting many students and investors in student-related services.

    Nanded has always had a high demand for gold and gold jewellery, but people are focussing more on the possibility of using gold as an investment avenue instead of just as a precious metal, or a decoration with which to adorn oneself at weddings and functions.

    Also check - Gold Rate in India

    Variations in the quality and purity of the gold usually dictate the base price for standard weights, but hallmarking and workmanship also play a crucial role in determining the value of gold.

    Gold Rate Trend in Nanded from July 2022 to September 2022

    Factor July August September
    1st Day Rs.5,122 per gram Rs.5,038 per gram Rs.4,964 per gram
    Last Day Rs.5,059 per gram Rs.5,043 per gram Rs.4,954 per gram
    Highest Price Rs.5,143 per gram on 2 July, 3 July, and 4 July Rs.5,138 per gram on 14 August and 15 August Rs.4,991 per gram on 6 September
    Lowest Price Rs.4,959 per gram on 18 July Rs.5,017 per gram on 23 August, 24 August, and 29 August Rs.4,880 per gram on 28 September
    Trend Decline Incline Decline
    Change -1.24% 0.10% -0.20%

    Gold Rate Trend in Nanded from April 2022 to June 2022

    Factor April May June
    1st Day Rs.5,121 per gram Rs.5,184 per gram Rs.5,080 per gram
    Last Day Rs.5,184 per gram Rs.5,117 per gram Rs.5,001 per gram
    Highest Price Rs.5,326 per gram on 18 April and 19 April Rs.5,184 per gram on 1 May Rs.5,180 per gram on 13 June
    Lowest Price Rs.5,089 per gram on 4 April, 5 April, and 6 April Rs.4,933 per gram on 18 May Rs.5,001 per gram on 30 June
    Trend Incline Decline Decline
    Change 1.23% -1.29% -1.55%

    Quarterly Gold Rate in Nanded from April 2022 to June 2022

    • On 1 April 2022, the price of gold in Nanded was Rs.5,121 per gram. Gold rates jumped by the end of the month and closed at Rs.5,184 for a gram. Gold prices jumped by 1.23% over the course of the month in Nanded.
    • In Nanded, the month of May opened with gold price standing at the rate of Rs.5,184 per gram. Gold prices in Nanded recorded the lowest for the month on 18 May when a gram of the 24-karat gold was being traded for Rs.4,933. Gold reached its highest price point of Rs.5,184 per gram on 1 May. The overall performance of the yellow metal witnessed a declining trend wherein the percentage change stood at 1.29%.
    • In Nanded, the month of June opened with gold price standing at the rate of Rs.5,080 per gram. Gold prices in Nanded recorded the lowest for the month on 30 June when a gram of the 24-karat gold was being traded for Rs.5,001. Gold reached its highest price point of Rs.5,180 per gram on 13 June. The overall performance of the yellow metal witnessed a declining trend wherein the percentage change stood at 1.55%.

    Gold Rate Trend in Nanded from January 2022 to March 2022 (per gram of 24 karat gold)

    Factor January February March
    1st Day Rs.4,895 per gram Rs.4,837 per gram Rs.5,016 per gram
    Last Day Rs.4,837 per gram Rs.5,054 per gram Rs.6,181 per gram
    Highest Price Rs.4,942 per gram on 26 January Rs.5,095 per gram on 24 February Rs.5,394 per gram on 9 March
    Lowest Price Rs.4,795 per gram on 10 January Rs.4,837 per gram on 2 February Rs.5,016 per gram on 1 March
    Trend Decline Incline Incline
    Change 1.18% 4.34% 1.81%

    Quarterly Gold Rate in Nanded from January 2022 to March 2022

    • In Nanded, the gold price opened at Rs.4,895 per gram in the month of January. Over the month, the prices fluctuated and settled at Rs.4,837 per gram by the end of the month. Overall, the performance of gold in Nanded was one of decline with a percentage change of 1.18% for the month of January.
    • In Nanded, the gold prices opened at Rs.4,837 per gram for the month of February. Gold reached its highest price point of Rs.5,095 per gram on 24 February. The gold performance in Nanded inclined in the month by 4.34%.
    • In Nanded, the gold rate in March opened at Rs.5,016 per gram. The month ended with the metal reaching Rs.5,394 per gram. The gold performance in Nanded inclined in the month by 1.81%.

    Gold investment avenues in Nanded

    Gold in India, particularly in Nanded, is viewed as a symbol of wealth and prosperity because of its rarity and inherent beauty. Over the years, people in Nanded have come to view gold as a tradable commodity and as an investment. Weddings and festive seasons usually see a huge spike in the demand for gold, but there is a constant level of demand throughout the year.

    Also check - Gold Rate Trend in India

    Market trading: While the residents of Nanded may not have direct access to electronically traded gold, ETFs, or E-gold – they can still invest in all of the above over the internet. As with any investment ETF, E-gold, and futures contracts, etc. carry a certain element of risk that can be mitigated through extensive research and understanding of the way the gold prices fluctuate. E-gold can be traded through the National Spot Exchange, and the Mumbai Stock Exchange facilitates all activities involved in the trading of ETFs.

    Regular gold purchases: Not all residents of Nanded have embraced the possibility of owning and trading gold held online, hence the huge majority of gold bought and sold in Nanded is in its physical form. Banks and jewellers all over the city offer a wide range of gold, bullion, and jewellery to suit any buyer no matter how large or small the buying capacity. Investing in physical gold satisfies the old-school principle of being able to see and feel the investment – and it offers a higher level of liquidity as the physical gold can be sold to a jeweller or a bank at any time, as the need for quick finance arises.

    Check Gold Price in NearBy Cities of Nanded

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