Gold Rate In Raipur

  • Today's Gold Rate in Raipur ( 20 Sep 2019 )
    ₹ 3,650
    Today's Gold Rate (22K) per gram
    Compare Gold Rate in Raipur (Today & Yesterday)
    Today
    (20 Sep 2019)
    Yesterday
    (19 Sep 2019)
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 3,650 ₹ 3,680 ₹ -30 ↓
    Standard Gold (22 K) ( 8 grams ) ₹ 29,200 ₹ 29,440 ₹ -240 ↓
    Pure Gold (24 K) ( 1 gram ) ₹ 3,833 ₹ 3,864 ₹ -31 ↓
    Pure Gold (24 K) ( 8 grams ) ₹ 30,664 ₹ 30,912 ₹ -248 ↓
    Daily Gold Rates
    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    20 Sep 2019 ₹ 3,650 ₹ 29,200 ₹ 3,833 ₹ 30,664
    19 Sep 2019 ₹ 3,680 ₹ 29,440 ₹ 3,864 ₹ 30,912
    18 Sep 2019 ₹ 3,680 ₹ 29,440 ₹ 3,864 ₹ 30,912
    17 Sep 2019 ₹ 3,680 ₹ 29,440 ₹ 3,864 ₹ 30,912
    16 Sep 2019 ₹ 3,650 ₹ 29,200 ₹ 3,833 ₹ 30,664
    15 Sep 2019 ₹ 3,650 ₹ 29,200 ₹ 3,833 ₹ 30,664
    14 Sep 2019 ₹ 3,660 ₹ 29,280 ₹ 3,843 ₹ 30,744
    13 Sep 2019 ₹ 3,680 ₹ 29,440 ₹ 3,864 ₹ 30,912
    12 Sep 2019 ₹ 3,730 ₹ 29,840 ₹ 3,917 ₹ 31,336
    11 Sep 2019 ₹ 3,730 ₹ 29,840 ₹ 3,917 ₹ 31,336

    Weekly & Monthly Graph of Gold Rate in Raipur

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    *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 Raipur

    Raipur, the capital of the central Indian state of Chhattisgarh, is a historic city which has been an intrinsic part of Indian history through the ages. The city has a large population of over a million residents and is among the top consumers of gold in the state. Gold rate in Raipur is a good benchmark for analysing the gold rates in Chhattisgarh. The city has a number of jewellers and dealers catering to the rising demand for gold.

    Gold is primarily consumed in the form of jewelleries and ornaments in Raipur. The city has a good demand for physical gold preferred by both the urban and rural populace. Gold demand is there in the city and gold rates are affected by these demands.

    Trend of Gold Rate in Raipur for August 2019 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    August 1 Rate Rs.3,575 per gram
    August 31 Rate Rs.3,953 per gram
    Highest Rate in August Rs.4,010 per gram on 27 August
    Lowest Rate in August Rs.3,575 per gram on 1 August
    Overall Performance Incline
    Percentage Change 10.06%

    Trend of Gold Rate in Raipur for July 2019 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    July 1 Rate Rs.3,486 per gram
    July 31 Rate Rs.3,575 per gram
    Highest Rate in July Rs.3,607 per gram from 25-27 July
    Lowest Rate in July Rs.3,434 per gram on 1 and 2 July
    Overall Performance Incline
    Percentage Change 2.37%

    Trend of Gold Rate in Raipur for June 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.3,255 per gram
    June 30 Rate Rs.3,486 per gram
    Highest Rate in June Rs.3,533 per gram on 26 and 27 June
    Lowest Rate in June Rs.3,255 per gram on 1 June
    Overall Performance Incline
    Percentage Change 7.09%

    Gold Rate Trend in Raipur for June 2019:

    • There was a steady rise in gold rates in Raipur as geopolitical tensions and a falling dollar rate bolstered demand after the metal opened at Rs.3,255 per gram.
    • The rise in tensions between Iran and the U.S. as well as possible fresh tariffs against China increased demand for safe-haven assets, as gold rose to Rs.3,339 pe gram on 7 June.
    • Prices continued their steady climb, trading at Rs.3,376 per gram from 11-17 June as local jeweller demand was static due to the rising cost of bullion.
    • Poor manufacturing data and ongoing Sino-U.S. trade dispute sent markets into a downward spiral as gold surged to Rs.3,533 per gram on 26 June before settling at Rs.3,486 per gram on 30 June to record a 7.09% increase in value during the month.

    Trend of Gold Rate in Raipur for May 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.3,281 per gram
    May 31 Rate Rs.3,255 per gram
    Highest Rate in May Rs.3,318 per gram from 16-18 May
    Lowest Rate in May Rs.3,245 per gram from 25-27 May
    Overall Performance Decline
    Percentage Change -0.79%

    Gold Rate Trend in Raipur in May 2019:

    • Gold prices opened at Rs.3,281 per gram but fell slightly to Rs.3,229 per gram on May 7th due to an increase in the dollar price.
    • The highest price for gold was recorded towards the end of the second week and the beginning of the third week (16th to 18th) at Rs.3,318 per gram. The rise in equities on account of the ongoing Sino-US trade conflict could be attributed to this rise in prices.
    • However, the rest of the third week saw a steady decline in prices with week 3 finishing at Rs.3,255 per gram due to staggering investor demand for the yellow metal.
    • The month ended with a decline in prices at Rs.3,255 per gram due to continuing fluctuation in demand for the metal.

    Trend of Gold Rate in Raipur for April 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    April 1 Rate Rs.3,266 per gram
    April 30 Rate Rs.3,297 per gram
    Highest Rate in April Rs.3,297 per gram on 28-30 April
    Lowest Rate in April Rs.3,245 per gram from 20-22 April
    Overall Performance Incline
    Percentage Change 0.94%

    Trend of Gold Rate in Raipur for March 2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    March 1 Rate Rs.3,439 per gram
    March 31 Rate Rs.3,266 per gram
    Highest rate in March Rs.3,439 per gram on 1 March
    Lowest rate in March Rs.3,281 per gram on 22 March
    Overall Performance Decline
    Percentage Change -5.03%

    Gold rate trend in Raipur for March 2019:

    • The month started at a low as the gold rate in Raipur declined from last month as the dollar increased in value. During the same time, equities declined in value as well. The price of gold at the start of March was recorded at Rs.3,439 per gram. This was also the highest price that the yellow metal stood at for the month.
    • At the end of the first week of the month, the Euro surpassed the dollar after the ECB (European Central Bank) postponed their interest hike. This stunted potential gain for bullion propelled by darkened economic situations.
    • On 22nd March, the value of gold dipped to one of its lowest points as the dollar strengthened and poor economic conditions prevailed. AT this point, gold in Raipur was trading at Rs.3,281 per gram.
    • The month ended with gold being priced at its lowest when it was priced at Rs.3,266 per gram. The month recorded a declining trend for the month and the percentage decline was recorded at –5.03%.

    Trend of Gold Rate in Raipur for February2019 (rates per gram for 24 karat gold)

    Parameters Gold price (24 Carat)
    February 1 Rate Rs.3,411 per gram
    February 28 Rate Rs.3,439 per gram
    Highest Rate in February Rs.3,446 per gram from 20-27 February
    Lowest Rate in February Rs.3,398 per gram from 8-19 February
    Overall Performance Incline
    Percentage Change 0.82%

    Gold Rate Trend in Raipur for February 2019:

    • Gold prices in Raipur opened at Rs.3,411 per gram on steady local demand before climbing to Rs.3,425 per gram on 6 February on growing interest from overseas industry and investors.
    • Despite a volatile U.S. dollar rate, demand for gold fell to Rs.3,398 per gram from 8-19 February as retail offtake was sluggish and investor interest was waning as equities performed well.
    • Prices jumped to Rs.3,446 per gram on 20 February as the dollar plunged on weak economic data and declining investor confidence in the currency.
    • A breakthrough in ongoing trade talks between the U.S. and China also boosted demand for gold before closing at Rs.3,439 per gram on 28 February to record a 0.82% rise in value during the month.

    Trend of Gold Rate in Raipur for January 2019 (rates per gram for 24 karat gold)

    Parameters Gold Price (24 karat)
    January 1 Rate Rs.3,219 per gram
    January 31 Rate Rs.3,411 per gram
    Highest Rate in January Rs.3,411 per gram on 31 January
    Lowest Rate in January Rs.3,219 per gram from 1- 3 January
    Overall Monthly Performance Incline
    Percentage Change 5.96%

    Gold Rate Trend in Raipur for January 2019

    • Gold rates in Raipur saw a steady rise after trading at Rs.3,219 per gram on 1 January as market instability and a weak dollar led to an increase in local offtake.
    • Prices jumped to Rs.3,284 per gram on 4 January and remained steady for a considerable period on rising demand from retailers and jewellers due to the wedding season.
    • Global interest in gold was also high as investors increased offtake due to uncertainty over economic slowdown fears and the ongoing U.S.-China trade dispute impact.
    • The constitutional crisis in Venezuela capped a period of market volatility as interest in gold surged, taking the metal from Rs.3,331 per gram on 29 January to Rs.3,411 per gram on 31 January.

    Trend of Gold Rate in Raipur for December 2018 (rates per gram for 24 karat gold)

    Parameters Gold Price (24 karat)
    December 1 Rate Rs.3,131 per gram
    December 31 Rate Rs.3,219 per gram
    Highest Rate in December Rs.3,234 per gram from 11-17 December
    Lowest Rate in December Rs.3,127 per gram on 2 and 3 December
    Overall Monthly Performance Incline
    Percentage Change 2.81%

    Gold Rate Trend in Raipur for December 2018

    • Gold rate in Raipur on December 1 was Rs.3,131 per gram. In the first couple of days, the price slid sharply to hit its monthly low at Rs.3,127 per gram on the 2nd and 3rd.
    • Over the course of the next couple of days, the gold price bounced back handsomely on the back of an increase in demand owing to the wedding season. On December, gold was traded at Rs.3,208 per gram – marking an increase of more than Rs.70.
    • Rates were also on the rise on account of unstable markets and anticipation of interest rate hike by the U.S. Federal Reserve. An underperforming dollar also played its part here. From December 11 to December 17, gold was traded at Rs.3,234 per gram before dropping down to Rs.3,218 per gram on December 21.
    • As the month approached its end, gold was traded cautiously at Rs.3,199 per gram from the 22nd to the 27th, before concluding the month at Rs.3,219 per gram on December 31. Overall, the price of gold in Raipur appreciated by 2.81%.

    Trend of Gold Rate in Raipur for November 2018 (rates per gram)

    Parameters Gold price (24 carat)
    November 1 Rate Rs.3,302 per gram
    November 30 Rate Rs.3,140 per gram
    Highest Rate in November Rs.3,302 per gram on 1 November
    Lowest Rate in November Rs.3,140 per gram on 30 November
    Overall Monthly Performance Decline
    Percentage Change -4.90%

    Trend of Gold Rate in Raipur for October 2018 (rates per gram)

    Parameters Gold price (24 carat)
    October 1 Rate Rs.3,140 per gram
    October 31 Rate Rs.3,302 per gram
    Highest Rate in October Rs.3,302 per gram on 30 and 31 October
    Lowest Rate in October Rs.3,140 per gram on 1 October
    Overall Monthly Performance Incline
    Percentage Change 5.15%

    Trend of Gold Rate in Raipur for September 2018 (rates per gram)

    Parameters Gold price (24 carat)
    September 1 Rate Rs.3,104 per gram
    September 30 Rate Rs.3,140 per gram
    Highest Rate in September Rs.3,178 per gram on 26 and 27 September
    Lowest Rate in September Rs.3,104 per gram on 1 September
    Overall Monthly Performance Incline
    Percentage Change 1.15%

    Trend of Gold Rate in Raipur for August 2018 (rates per gram)

    Parameters Gold price (24 carat)
    August 1 Rate Rs.3,091 per gram
    August 31 Rate Rs.3,104 per gram
    Highest Rate in August Rs.3,104 per gram 28-31 August
    Lowest Rate in August Rs.3,031 per gram 20-21 August
    Overall Monthly Performance Decline
    Percentage Change -0.42%

    August 2018 - Week 1 (1 - 5)

    • Gold prices experienced a dip to Rs.3,091 per gram as a result of an increase in the value of US Dollar. This increase was seen prior to the meeting of a Federal Open Market Committee.
    • Prices of the yellow metal witnessed a steady decline as trade tensions between the US and China were rumoured to escalate.
    • The precious metal faced a continued to fall from Rs.3,070 per gram to Rs.3,053 per gram as the rates were unchanged by the Feds.

    August 2018 - Week 2 (6-12)

    • After going through a price slump during the first week, Gold saw its first rise on 7 August 2018. The increase to Rs.3,058 per gram from Rs.3,053 per gram can be attributed to the US Dollar falling weak to Yen and other major currencies.
    • As the week progressed, the yellow metal saw a sharp decline in rates to Rs.3,043 per gram. Geopolitical tensions were stirred as Russia accused that the new sanctions imposed by the US as illegal. The sanctions prompted the Russian rouble to hit a 2-year low.
    • Prices of gold did not pick up pace for the rest of the week after being strong-armed by the rising US Dollar.

    August 2018 - Week 3 (13-19)

    • The precious metal continued to experience decline in prices at the beginning of the third week as investors scurried towards US treasuries.
    • Gold prices stabilized to Rs.3,056 per gram on 14 August after the value of US Dollar hit a dip by 0.1%.
    • An encouraging hike was seen in gold prices to Rs.3,056 per gram as the global demand for the yellow metal increased.
    • The prices faced a decline to Rs.3,047 per gram as the US Dollar gained strength despite tensions between the US and Turkey.

    August 2018 - Week 4 (20-26)

    • The fourth week started at a bleak Rs.3,031 per gram for the yellow metal.
    • The decline could be due to the possible hike in interest rates by the Feds.
    • Gold prices experienced an increase to Rs. 3,045 per gram and Rs.3,052 per gram as the US Dollar softened.

    August 2018 - Week 5 (27-31)

    • Gold prices stabilized at Rs.3,104 per gram towards the end of August.
    • The precious metal held its ground as the dollar weakened against the US-Mexico trade deal.
    • Bullion continued to maintain its prices amidst rumours of US-China trade disputes.

    Trend of Gold Rate in Raipur for July 2018 (rates per gram)

    Parameters Gold price (24 karat)
    July 1 Rate Rs.3,146 per gram
    July 31 Rate Rs.3,082 per gram
    Highest Rate in July Rs.3,165 per gram on 7 July
    Lowest Rate in July Rs.3,082 per gram on 31 July
    Overall Monthly Performance Decline
    Percentage Change -2.03%

    July 2018- Week 1 (1-6)

    • The month commenced with the gold rate recorded at Rs.3,142 per gram, a slight dip when compared to the prices from the last month. This price trend can be associated with the dollar rate rise.
    • The price of gold on 5 July rose to Rs.3,148 per gram, which can be associated with the decline in the value of the dollar. This may have been caused due to tension in the economy after the Federal Reserve increased interest rates that affected the trade policy.
    • In the course of the following few days, the price of the metal rose further as the dollar reduced ahead of the Federal Reserve's policy meeting (Fed Minutes) for July.
    • The price of the metal then stabilized up until the end of the week. Gold rate at the end of Week 1 stood at Rs. 3,148 per gram.

    July 2018- Week 2 (7-13)

    • The precious metal commenced at Rs.3,148 at the beginning of Week 2, an increment when compared to the end of last week. This may have been the result of a slight decline in the dollar rates.
    • In spite of the dollar weakening, gold rates in Raipur remained stable during the next few days from 8 - 9 July as it stood at Rs.3,148 per gram.
    • The price of the metal in Raipur declined further due to an increased dollar while the trade spat between China and the USA escalated. The metal’s price on 13 July stood at Rs.3,129 per gram.
    • The price of the metal in Raipur, at the end of Week 2, remained at Rs.3,129 per gram.

    July 2018- Week 3 (14-20)

    • Gold price in Raipur commenced at Rs.3,129 at the start of Week 3, an increment in the price of the metal from the end of Week 2.
    • The dollar price continued to climb, which did not have any effect on the gold price in Raipur for the coming few days. As on 14 July up to 17 July, the gold rate stood the same at Rs.3,129 per gram.
    • Even weak demand for the precious metal unaffected its rate in Raipur.
    • US dollar dropped from a three-week high on 19 July, which surprisingly led to the detriment of gold rates in Raipur. It stood at Rs.3,082 per gram on 19 July.
    • The gold rate for Raipur at the end of Week 2 stood at Rs.3,082 per gram.

    July 2018- Week 4 (21-31)

    • The week started off with the gold price in Raipur amounting to Rs.3,082 per gram, the same as the price of gold as recorded at the end of Week 3.
    • US dollar declined to a two-week-low on 23 July, which had no effect on the gold price. The price of the metal remained at Rs.3,082 per gram.
    • On 24 July the US Treasury yields rose, which did not alter gold rates in Raipur. The gold rate still remained at Rs.3,082 per gram.
    • On 26 July, the gold rate in Raipur increased. This can be associated to a slip in the US dollar after the President of USA, Donald Trump and European Commission President Jean-Claude Juncker agreed to work towards eliminating trade barriers. The price of gold in Raipur stood at Rs.3,095 per gram.
    • The gold rate then remained relatively stable through the remaining days of the month, and at the end of the month, the price in Raipur was recorded at Rs.3,095. The percentage change in gold rate in Raipur was recorded to be -2.03%.

    Trend of Gold Rate in Raipur for June 2018 (rates per gram)

    Parameters Gold price (24 karat)
    June 1 Rate Rs.3,208 per gram
    June 30 Rate Rs.3,142 per gram
    Highest Rate in June Rs.3,208 per gram from 1-4 June
    Lowest Rate in June Rs.3,142 per gram on 30 June
    Overall Monthly Performance Decline
    Percentage Change -2.05%

    June 2018 - Week 1 (1 - 10):

    • When exchanges opened for trading in Raipur for the month of June, gold was priced at Rs.3,208 per gram.
    • From the 2nd to the 4th, gold continued to trade at Rs.3,208 per gram - as demand in the local market was steady despite the onset of a weakening cue in other cities and states in the country.
    • Gold rate in Raipur declined by a massive Rs.37 per gram on the 5th - to trade at Rs.3,171 per gram as the US dollar improved significantly once the latest payrolls data were unveiled.
    • The strong data helped the dollar to rise further with news that the Fed Reserve would likely hike the interest rates. This caused gold rates to drop to Rs.3,167 per gram on the 6th before continuing at this rate on the 7th as well.
    • Demand surged up on the 8th after the US disagreement with the G7 helped increase purchases, bringing gold rates back up to Rs.3,177 per gram on the 8th.
    • As cues remained flat and local demand held steady, gold was seen trading at Rs.3,177 per gram over the final two days of this week.

    June 2018 - Week 2 (11 - 17):

    • This week saw gold rates fall slightly as the US-North Korea summit went on successfully and the dollar strengthened as a result.
    • There was a rise in prices on the 13th as the G7 concerns loomed and gold traded at Rs.3,186 per gram.
    • Gold traded at Rs.3,186 per gram on the 14th as well due to a steady local demand from the local circles.
    • On the 16th, gold traded at a significantly improved rate of Rs.3,200 per gram as demand surged after the US dollar weakened for a brief period.

    June 2018 - Week 3 (18 - 24):

    • The third week’s trading commenced with gold still being priced at Rs.3,200 per gram. This was due to a weakening dollar, which had a positive impact on gold sales.
    • The US dollar recorded a spike and gold prices fell to Rs.3,175 per gram on this day and continued at this rate for the next few days.
    • After it was reported that the US Fed Reserve was on course to keep interest rates unchanged but was strongly looking to hike them later in the year, the dollar was boosted further more.
    • When the week came to an end, gold prices had fallen further after demand continued to remain poor amidst weak sales.
    • The yellow metal was priced at Rs.3,148 per gram on the 24th, which was a Rs.27 decline from the previous day’s rates.

    June 2018 - Week 4 (25 - 30):

    • The last week of June opened with gold trading at Rs.3,148 per gram.
    • This week saw gold rates in Raipur hold steady for the most part as demand for the precious metal was on a stabler side thanks to local investors.
    • From the 26th to the 30th, gold continued to trade at Rs.3,148 per gram, as there was a sustained level of purchases.
    • The final day of the month, however, saw gold rates drop by Rs.6 for the metal to trade at Rs.3,142 per gram, as demand dropped further.
    • Gold price trends declined by 2.05% this month, due to a number of factors including a strong dollar and a strong market.
    • Another major concern for bullion investors was the news that the Federal Reserve could increase the interest rates by the end of the year, which helped the dollar gain against other major currencies.

    Trend of Gold Rate in Raipur for May 2018 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    May 1 Rate Rs.3,219 per gram
    May 31 Rate Rs.3,208 per gram
    Highest Rate in May Rs.3,228 per gram from 8- 16 and 25-30 May
    Lowest Rate in May Rs.3,205 per gram from 17-24 May
    Overall Monthly Performance Decline
    Percentage Change -0.34%

    May 2018- Week 1 (1st-6th)

    • Gold prices in Raipur were more or less constant in the first week of May, opening at Rs.3,219 per gram on steady local demand.
    • Jewellers increased orders as the dollar traded low, making imports of gold into the country cheaper.
    • International demand was volatile as equity markets reacted to tensions in the Korean peninsula.
    • The week ended with gold maintaining its stable price due to consistent demand.

    May 2018- Week 2 (7th-13th)

    • The second week of May saw gold prices remain static in Raipur as conflicting cues led to no movement in price.
    • Gold opened the week priced at Rs.3,228 per gram on 7 May after rising in early trade.
    • Local demand was consistent in spite of the do llar being steady and equity markets also strengthening.
    • Higher U.S. bond yields led to a retreat in demand for gold overseas, but local demand was unaffected as jewellers increased orders to make up for the shortfall.
    • Political tensions also impacted global gold rates, as Iran and the U.S. relations were strained, but gold ended the week priced at Rs.3,228 per gram on 13 May.

    May 2018- Week 3 (14th-20th)

    • Gold prices did not change as the week began, remaining at Rs.3,228 per gram on static local demand.
    • As the dollar reacted to positive news on a possible rate hike, demand for gold dropped as the metal traded at Rs.3,205 per gram on 17 May.
    • U.S. Treasury yields rose as investor confidence in the dollar increased, which kept demand for gold low across local and Asian markets.
    • Prices did not see any change as the week ended on 20 May, continuing to trade at Rs.3,205 per gram.

    May 2018- Week 4 (21st-27th)

    • Gold opened the week at Rs.3,205 per gram on 21 May as the steady U.S. Dollar and stable equity markets resulted in poor demand for the precious metal.
    • Local retail demand was sluggish as international trends and high import rates kept interest in gold low.
    • Gold price in Raipur rose to Rs.3,228 per gram on 25 April after uncertainty over the status of the North Korea-United States summit pushed the dollar to new lows.
    • Demand was steady as industrial demand for the metal also rose on favourable conditions.
    • The week ended with gold trading at flat Rs.3,228 per gram on 27 May.

    May 2018- Week 5 (28th-31st)

    • The last week of May saw demand for gold plunge as investors and industry reduced orders for the metal.
    • Gold was priced at Rs.3,228 per gram on 28 May as positive investor sentiment continued to bolster prices.
    • Demand from Asia also kept prices high in spite of the dollar improving after the North Korea-U.S. talks were confirmed again.
    • Prices dropped sharply as the month ended, resulting in gold falling to Rs.3,208 per gram.
    • The steep drop in price as the month ended led to gold losing value by 0.34% over the course of the month.

    Trend of Gold Rate in Raipur for April 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st April 2018 Rs.3,148 per gram
    Gold Rate on 30th April 2018 Rs.3,219 per gram
    Highest Rate in April Rs.3,232 per gram on 26 and 27 April
    Lowest Rate in April Rs.3,148 per gram from 1 to 12 April
    Overall Monthly Performance Incline
    Percentage Change 2.25%

    April 2018- Week 1 (1st - 7th)

    • Gold price in Raipur were stable in the first week of April, with the precious metal trading at Rs.3,148 per gram on steady demand from local and overseas buyers.
    • The declining U.S. Dollar led to increased orders from local buyers due to the low import cost, though prices were not impacted.
    • Overseas demand fluctuated as escalating trade tensions between the United States and China led to global markets being volatile.
    • Prices remained constant as the week ended on 7 April on steady demand for the resource.

    April 2018- Week 2 (8th - 15th)

    • Gold price in Raipur were constant for most of the second week as well, with gold trading at Rs.3,148 per gram on 8 April.
    • Less than favourable economic data from the United States led to markets trading flat, though local demand for gold did not see much change.
    • The attack by the Syrian government on its own citizens led to equity markets across the world falling sharply as demand for gold jumped.
    • The yellow metal rose to trade at Rs.3,184 per gram on 13 April as the dollar also fell sharply, which led to higher demand for gold.
    • Prices remained steady for the remainder of the week as equity markets continued to fluctuate, resulting in increased demand for safe-haven assets like gold.
    • The week ended with gold priced at Rs.3,184 per gram on 15 April as stable demand kept prices constant.

    April 2018- Week 3 (16th - 22nd)

    • Demand for gold was stable and on the rise as economic tensions kept markets volatile, resulting in higher interest in bullion.
    • Gold opened the week priced at Rs.3,184 per gram on 16 April as demand for the precious metal continued to be stable.
    • Local retail demand fell marginally due to the high cost of gold, in spite of the dollar rate being low and favourable global trends.
    • As fears of a global trade war rose due to ongoing tensions between China and the United States, demand for gold rate in Raipur rose as the metal traded at Rs.3,211 per gram on 19 April.
    • Gold price in Raipur did not change for the remainder of the week as gold traded at Rs.3,211 per gram on 22 April.

    April 2018- Week 4 (23rd - 30th)

    • Gold prices continued to rise in the last week of April as local demand in Raipur kept prices high.
    • The yellow metal opened the week priced at Rs.3,211 per gram on 23 April as local demand buoyed prices.
    • International demand was on the decline due to a recovering U.S. Dollar as well as stable equity markets, though this did not impact local prices.
    • Gold rose to Rs.3,232 per gram on 26 April, the highest rate for the month on a late rally by the metal.
    • Tensions with North Korea also weighed down the dollar, as local demand for the metal began to wane.
    • gold price in Raipur dropped to Rs.3,219 per gram as the month ended on 30 April, with the price of gold rising by 2.25%.

    Trend of Gold Rate in Raipur for March 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st March Rs.3,147 per gram
    Gold Rate on 31st March Rs.3,148 per gram
    Highest Rate in March Rs.3,148 per gram on 8, 9 and from 24 to 31 March
    Lowest Rate in March Rs.3,123 per gram from 17 to 23 March
    Overall Monthly Performance Incline
    Percentage Change 0.03%

    March 2018- Week 1 (1st-4th):

    • Gold prices in Raipur were steady in the first week of March, with the precious metal trading at Rs.3,147 per gram as trading opened.
    • There was no change in price during the week as demand was stable and international demand was also muted due to a rising U.S. Dollar.
    • In spite of a drop in the dollar rate due to fears of a trade war with China, there was no change in the price of gold in Raipur, resulting in the week ending with the metal priced at Rs.3,147 per gram on 4 March.

    March 2018- Week 2 (5th-11th):

    • Prices were stable as the second week began, with gold trading at Rs.3,147 per gram on 5 March as there was minimal change in demand.
    • There was a minor drop in international demand for gold in spite of markets being shaky over the U.S. announcement of trade tariffs on steel and aluminium.
    • There was a slight rise in price as gold traded at Rs.3,148 per gram on 8 & 9 March as the dollar dipped on news of trade tariffs and internal political crises in the U.S.
    • In spite of positive global movement in bullion, prices in Raipur dropped to Rs.3,134 per gram on 10 March.
    • Prices remained the same as the week ended on 11 March, with gold priced at Rs.3,134 per gram.

    March 2018- Week 3 (12th-18th):

    • There was no change in the price of gold as the week began due to stagnant demand from local jewellers due to the end of the wedding season.
    • Gold prices traded at Rs.3,134 per gram from 12-16 March in spite of fluctuations in demand across the world.
    • The surprise replacement of Rex Tillerson as U.S. Secretary of State led to stock markets and the dollar index falling, which led to a rise in demand for safe-haven assets like gold.
    • However, a strong local equity market led to local demand for gold falling as the metal’s price dropped to Rs.3,123 per gram on 17 March, with prices remaining constant as the week ended on 18 March.

    March 2018- Week 4 (19th-25th):

    • Prices were constant as the week began in Raipur, contrary to trends seen across other Indian cities.
    • Gold was priced at Rs.3,123 per gram on 19 March as a slow opening week for the metal was attributed to lower demand from jewellers.
    • International demand rose as speculation over the successor to Rex Tillerson and the impact to U.S. foreign policy caused stock markets to be jittery, renewing interest in bullion.
    • Prices jumped to Rs.3,148 per gram on 24 March ahead of the Fed Reserve meeting and an increase in industrial demand.
    • The week ended with gold priced at Rs.3,148 per gram on 25 March on steady demand from local industrial units.

    March 2018- Week 5 (26th-31st):

    • The last week of March saw the price of gold remain constant as stable demand regularised prices.
    • Gold was priced at Rs.3,148 per gram on 26 March as a shaky dollar rate resulted in greater demand for bullion as a hedge against possible losses on the bourses.
    • Local retail demand was flagging but industrial demand kept prices from falling during the week.
    • The month ended with gold trading at Rs.3,148 per gram on 31 March, with the metal making a a mere 0.03% increase in price over the course of the month.

    Trend of Gold Rate in Raipur for February 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st February 2018 Rs.3,128 per gram
    Gold Rate on 28th February 2018 Rs.3,147 per gram
    Highest Rate in February Rs.3,148 per gram from 3-5, 7 and 18-22 February
    Lowest Rate in February Rs.3,091 per gram from 9-11 February
    Overall Monthly Performance Incline
    Percentage Change 0.60%

    February 2018- Week 1 (1-4):

    • Gold prices in Raipur rose sharply in the first week of February in Raipur as a weak U.S. Dollar resulted in a rise in demand for the yellow metal.
    • The week opened with gold trading at Rs.3,128 per gram as interest from jewellers was steady due to favourable market conditions.
    • International demand was also high, especially from Asian industry who sought to capitalise on the weak dollar and fluctuating stock markets.
    • Gold rate in Raipur rose to Rs.3,148 per gram as the week ended on continued demand from the retail as well as industrial sectors.

    February 2018- Week 2 (5-11):

    • There was a drop in the price of gold in the second week as stock markets recovered, resulting in a drop in demand for the precious metal.
    • Gold opened the week at Rs.3,148 per gram but the price soon fell to Rs.3,125 per gram on 6 February as retail demand petered out.
    • A rising U.S. Dollar and strengthening equity markets in turn led to a lower reliance on gold as a safe-haven asset as the yellow metal’s value fell to Rs.3,091 per gram on 9 February.
    • There was no change in price as the week ended, with gold languishing at Rs.3,091 per gram on 11 February.

    February 2018- Week 3 (12-18):

    • A slight recovery in the price of gold was observed towards the middle of this week as turbulent stock markets and renewed interest from the retail sector propped up demand.
    • Gold was priced at Rs.3,103 per gram on 12 February, with the price remaining constant till 15 February due to stagnant demand.
    • In spite of the wedding season, there was not much demand for the yellow metal among the retail sector, with industry also reducing demand due to a high dollar rate.
    • Gold price in Raipur soared to Rs.3,148 per gram on 17 February as the dollar dipped on strong inflation data and investors looked to hedge against price pressures.
    • The week ended with gold prices remaining constant at Rs.3,148 per gram on 18 February.

    February 2018- Week 4 (19-25):

    • There was not much movement in price during the week as demand was more or less constant.
    • Gold traded at Rs.3,148 per gram on 19 February as a rise in demand from jewellers bolstered prices.
    • The continued slump by the dollar and fears of a tightening of monetary policy led to markets falling and higher interest in gold.
    • Gold rate in raipur dipped briefly to trade at Rs.3,145 per gram on 23 February due to a slight drop in retail demand.
    • The week ended with gold prices staying steady at Rs.3,145 per gram on 25 February.

    February 2018- Week 5 (26-28):

    • The final week of February saw prices remain unchanged due to stable demand from local and overseas buyers.
    • Gold opened the week at Rs.3,145 per gram on 26 February on steady demand from jewellers due to a low dollar rate.
    • A turbulent political climate in the United States led to uncertainty on the markets, which kept interest in gold high.
    • The week ended with gold price in Raipur rising to Rs.3,147 per gram on 28 February to register a 0.60% rise in value.

    Trend of Gold Rate in Raipur for January 2018 (rates per gram for 24 karat gold)

    Parameters Gold price (24 karat)
    Gold Rate on 1st January 2018 Rs.3,009 per gram
    Gold Rate on 31st January 2018 Rs.3,144 per gram
    Highest Rate in January Rs.3,144 per gram on 29 and 30 January
    Lowest Rate in January Rs.3,000 per gram on 4 January
    Overall Monthly Performance Incline
    Percentage Change 4.48%

    January 2018 - Week 1 (1st - 7th):

    • In Raipur, gold was priced at Rs.3,009 per gram when January 2018 commenced.
    • Gold rate in Raipur went up to Rs.3,014 per gram on the 2nd as a brief fall in the dollar pushed demand up.
    • However, the US dollar surged amid strong job gain data, which caused gold price in Raipur in Raipur to reach Rs.3,000 per gram.
    • As demand from local investors rose, gold rates went up to Rs.3,015 per gram on the 5th of January.
    • With local purchases increasing steadily, the yellow metal’s rates went up to Rs.3,021 per gram on the 6th of the month.
    • When the month came to an end gold was still priced at Rs.3,021 per gram.

    January 2018 - Week 2 (8th - 14th):

    • Due to declining weekend cues, gold rate in Raipur had dropped down to Rs.3,015 per gram on the 8th of January.
    • Demand seemed to be uneven which caused prices to push up to Rs.3,021 per gram on the 9th before dropping to Rs.3,009 per gram on the 10th.
    • With sales in the local circles rising, gold rates went up to Rs.3,030 per gram on the 11th of January. Gold improved on its previous day’s performance as the metal’s prices surged to Rs.3,045 per gram the next day.
    • On the 13th, gold price in Raipur went up again as the US dollar continued to weaken. The yellow metal traded at Rs.3,048 per gram on this day before rising to Rs.3,068 per gram on the 14th of January.

    January 2018 - Week 3 (15th - 21st):

    • When the third week of January started, gold was seen trading at a further improved rate of Rs.3,071 per gram.
    • As a result of demand increasing gold price in Raipur moved up to Rs.3,086 per gram on the 16th before dropping to Rs.3,082 per gram on the 17th.
    • Due to demand seemingly declining,prices went down to Rs.3,061 per gram on the 18th before rising by Rs.3 to Rs.3,064 per gram the next day.
    • Over the final two days of this week, the yellow metal traded at Rs.3,084 per gram - a Rs.20 incline from the previous two days.

    January 2018 - Week 4 (21st - 28th):

    • This week saw gold price in Raipur rise significantly and reach one of the highest levels since the times of the economic meltdown in 2008.
    • On the 21st of the month, gold was priced at Rs.3,084 per gram but dropped to Rs.3,078 per gram the next day.
    • Gold rate in Raipur rose on the 23rd to Rs.3,087 per gram and continued at this rate on the 24th as well due to steady demand.
    • Gold traded at Rs.3,127 per gram on the 25th of the month and continued more or less at this rate till the end of the week.

    January 2018 - Week 5 (29th - 31th):

    • The final week of January saw gold prices remain steady, thanks to stable demand.
    • When the week began on the 29th, gold was priced at Rs.3,132 per gram and continued at this rate the next day as well.
    • Due to a slight dip in demand, gold rate in Raipur went down to Rs.3,127 per gram on the final day of the month.
    • Overall, gold price in Raipur trends saw a 3.90% incline over the course of the month as a consequence of a weak dollar and a strong local demand.

    News About Gold rate in Raipur

    • Gold Drops to 2-month Lows as Dollar Rebounds

      Gold rates held steady at nearly 2-month lows as the dollar recouped earlier losses on fears of the ongoing U.S.-China trade dispute dragging on.

      Spot gold dropped by 0.1% to trade at $1,318.50 per ounce as investor interest in bullion fell and switched towards equities. In a worrying trend, U.S. gold futures also slipped by 0.1% to $1,320.10 per ounce.

      The dollar index bounced back to near 3-month highs after a successive losses against a basket of global currencies on the possibility of an extension to the tariffs against China.

      With the Federal Reserve also indicating it could resume interest rate hikes depending on the performance of the U.S. economy in the upcoming months, gold prices could see a further correction in price.

      28 February 2019

    • Gold Growth is Stunted

      Gold rates fell by a slight margin last week as investors cashed in their gains after the metal achieved its highest growth in the past 30 years. But fears of the investors have not been allayed as the US employment increased and naturally the Federal Reserve would deem it fit to increase the tax on the yellow metal.

      Prices went up by 16 percent in March as people thought a tax hike wouldn’t be done after all. China and India have been more conservative about buying more gold due to the concerns that have been floating around since the last year. In addition to that, the gold tax imposed in India has made matters even more dire.

      4 April 2016

    • Gold Rates Increase Yet Again

      Since Wednesday, there has been an increase noted in the rates of gold. While in India the prices increased by INR 400 per troy ounce, they increased by 18 dollars in the international market.

      Per troy ounce gold now has a price of INR 49550 and 10 grams of gold is right now at INR 42471.

      31 March 2016

    • Gold to Fall Even More in the Near Future

      Gold prices have been on a decline since the comments from US Federal Reserve officials. The comments apparently hinted that gold will have a lesser value as tax rates are hiked on the yellow metal for at least twice this year. That in turn has strengthened the dollar and made commercial gold more accessible to people who are fans of the yellow metal.

      24 carat gold in Dubai retailed at 147.25 dirhams on Sunday while 22k, 21k and 18k variants of the metal were on the market at 138.50 dirhams, 132 dirhams and 113.25 dirhams respectively. Spot gold on Thursday had a 0.6 percent decline. Seeing the constant underperformance of the metal, more than half of the retails opine that gold still has its worse days ahead.

      28 March 2016

    • Gold Futures Surge by 0.89%

      Gold prices for April delivery went up by 0.89 percent at the Multi Commodity Exchange, boosted by the surges for spot gold and gold futures at COMEX.

      Gold for June delivery is also higher by 0.84 percent at Rs. 29,478. Speculative trading had led to a decline in gold futures prices earlier in the day.

      International spot gold prices rose by 0.67 percent to USD 1,252.04 per ounce, while April futures at COMEX traded higher by 0.80 percent at USD 1,254 per ounce.

      The Federal Reserve’s move to increase rates next month is likely to bear negatively on the precious metal, analysts say.

      23 March 2016

    • Gold Prices on the Decline Again

      Gold prices fell for the second session in a row on Monday. Gold for April delivery decreased by $10 (0.8 percent) to $1,244.20 an ounce on the Comex division of the New York Mercantile Exchange.

      After touching 13-month high prices earlier in March, gold prices have fallen in six of the last seven trading sessions. In London, gold decreased by $14.40 (1.1 percent) to $1,252.10 an ounce.

      Meanwhile, silver for May delivery gained 0.2 percent (3.6 cents) to $15.847 an ounce. Last week, the metal had climbed by 1.3 percent.

      22 March 2016

    • Industry demand of gold increases

      With the price of gold increasing after almost 22 months, the listing of jewelry companies increased from 4% to 8%. The yellow metal traded at Rs 30,075 per 10 grams on Tuesday. This was recorded the highest since March 18, 2014 when it closed at Rs 30,205. With India being the world's biggest importer of gold, at an average of a 1,000 tonnes a year, the generic gold contract was priced as per the cueson commodity exchange. The Indian Government is also planning to substitute the 1% excise tax with higher import duty or increased value-added tax, as per industry demands.

      9 March 2016

    • Jewellers nationwide strike reaches day 6

      National Strike of All India Jewellers, was called in order to force the government to overturn the decision to charge 1% Excise Duty on manufacturing of Gold & Diamond. The Confederation of All India ( CAIT ) has supported the strike, they have said that levy of excise duty is not the only way or solution, talks between the Trade & the Government can find better solutions. The strike has costed the business of almost Rs. 6000 crore and revenue loss of Rs. 200 crore in the form of custom duties, and almost Rs.48 crores as VAT tax all over India.

      8 March 2016

    • Dollar rises along with equities, forcing gold to drop

      Earlier on Wednesday, the dollar strengthened and the equities markets also gained with the US data speculations being rekindled. The Federal Reserve may still have rate hikes this year. Owing to these reason gold dropped by 0.1% the price stood at $1,229.06 for an ounce. But, gold ETFs for April delivery stayed the same at $1,230.80 for an ounce. The price of bullion increased this year already by more than 15%, and proving to a safe haven for investors.

      3 March 2016

    • Chhattisgarh auctioned it’s first gold mine

      The first gold mine in Chhattisgarh was auctioned off to the Vedanta Private Limited, who bid the highest price of Rs. 74,712 per troy ounce. Each troy ounce is equivalent to 31.10 grams. Vedanta Private Limited were the highest bidders where they bid 12.55% of the Indian Bureau of Mining. The gold mine has a reserve of 2700 kg, and will earn Chhattisgarh Rs. 81.40 crores and a royalty of Rs. 24.70 crores.

      29 February 2016

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