Gold Rate In Noida Today _{Last Updated : 28 Nov 2022}

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Today's Gold Price In Noida

Noida (New Okhla Industrial Development Authority) is a planned city in Uttar Pradesh. This was set during the Emergency period as a part of urbanisation thrust. The city has the highest per capita income. It is the hot spot for IT companies. It is a fast growing city and it has a large number of people residing in it. The demand for gold is high due to the large number of residents. The demand for gold increases by a lot during the festivals and wedding season. The gold rate today in Noida depends on the international gold rate.

Gold Rate Trend in Noida from July 2022 to September 2022

Gold Rate Trend in Noida from April 2022 to June 2022

Quarterly Gold Rate in Noida from April 2022 to June 2022

• In Noida, the prices of gold in April opened at Rs.5,186 per gram and closed at Rs.5,217 for a gram. Gold rates jumped by 0.59% over the course of the month. The highest rate the yellow metal touched for the month was Rs.5,370 for a gram, while the lowest rate was Rs.5,154 per gram.
• On the first day of May, gold prices in the city were Rs.5,217 for a gram. When compared to the last day of April, gold rates remained the same on 1 May. Overall, the price of gold fell by 1.30% in Noida in May.
• The price of gold in the city on 1 June was Rs.5,112 for a gram. By the end of the month, the prices of the yellow metal fell and closed at Rs.5,023 for a gram.

Gold Rate Trend in Noida from January 2022 to March 2022

Quarterly Gold Rate in Noida from January 2022 to March 2022

• On 1 January 2022, a gram of gold was priced at Rs.4,939 per gram in Noida and ended the month at Rs.4,881. Over the month, a declining trend was witnessed in the price of the yellow metal. The percentage change recorded in the rates stood at 1.17%.
• In February, the price of gold in the city opened at Rs.4,881 per gram. The overall performance of the precious metal witnessed an increase with the percentage change being 4.73% during the month in Noida.
• Gold rates in March in Noida opened at Rs.5,081 per gram. The month ended with the metal reaching Rs.5,139 per gram. The gold performance inclined in the month by 1.14%.

Gold investment avenues in Noida

Residents of Noida love buying gold in the form of jewellery or for purpose of investing. Gold sales high during the festivals and wedding season. Investors also prefer to buy gold to protect themselves from the fluctuating market. Gold is treated as a safe haven asset. Gold can be brought in Noida in the following ways:

• Over the counter purchases -

  Noida residents prefer looking at the jewellery and try it on before actually buying it. There are a many jewellers in Noida from where people can buy gold in any form. Gold can be brought in the form of coins and bars from the bank as well as jewellers. You also get a purity certificate when you buy gold from the bank which makes it costlier.

• Market trade -

  Gold can be purchased from anywhere as now you have access to E-gold, futures and ETFs. E-gold is traded at National Spot Exchange. Bombay Stock Exchange trades ETFs. However, trading in gold is subject to certain risk which you must be aware of before you start trading.