Last updated on: 3th Feb 2023 10:00 AM
Adilabad is a city in the Indian state of Telangana known for its rich history, diverse culture, and beautiful landscapes. The city is also a hub for gold investment, with numerous shops and dealers offering a variety of gold products.When investing in gold in Adilabad, it's important to understand the various forms of gold available for investment, including gold bullion, gold coins, and gold jewellery. Investors should also consider the benefits and risks associated with each form of gold and conduct thorough research before making a purchase.
Gram | Yesterday | Today |
---|---|---|
1gm | ₹5,749.00 0.00 (0.00%) | ₹5,749.00 0.00 (0.00%) |
8gm | ₹45,992.00 0.00 (0.00%) | ₹45,992.00 0.00 (0.00%) |
10gm | ₹57,490.00 0.00 (0.00%) | ₹57,490.00 0.00 (0.00%) |
100gm | ₹5,74,900.00 0.00 (0.00%) | ₹5,74,900.00 0.00 (0.00%) |
Goods and Services Tax (GST) is a tax levied on the supply of goods and services in India. When it comes to gold, GST has a significant impact on the price of the precious metal. Here's how:
It's important to note that GST is a national tax and is the same across India. As a result, the impact of GST on gold rates in Adilabad is similar to the impact in other parts of the country.
Day | 24K Gold | 22K Gold |
---|---|---|
04 Feb 2023 | ₹5,749.00 0.00 (0.00%) | ₹5,475.00 0.00 (0.00%) |
03 Feb 2023 | ₹5,749.00 0.00 (0.00%) | ₹5,475.00 0.00 (0.00%) |
02 Feb 2023 | ₹5,749.00 121.00 (2.15%) | ₹5,475.00 115.00 (2.15%) |
01 Feb 2023 | ₹5,628.00 23.00 (0.42%) | ₹5,360.00 22.00 (0.42%) |
31 Jan 2023 | ₹5,605.00 -13.00 (-0.23%) | ₹5,338.00 -12.00 (-0.22%) |
30 Jan 2023 | ₹5,618.00 0.00 (0.00%) | ₹5,350.00 0.00 (0.00%) |
29 Jan 2023 | ₹5,618.00 0.00 (0.00%) | ₹5,350.00 0.00 (0.00%) |
28 Jan 2023 | ₹5,618.00 6.00 (0.11%) | ₹5,350.00 5.00 (0.10%) |
27 Jan 2023 | ₹5,612.00 -37.00 (-0.65%) | ₹5,345.00 -35.00 (-0.65%) |
26 Jan 2023 | ₹5,649.00 37.00 (0.66%) | ₹5,380.00 35.00 (0.66%) |
Adilabad is known for its thriving gold market, with numerous shops and dealers offering a wide range of gold products. The demand for gold in Adilabad is driven by various factors, including cultural and traditional practices, investment demand, and jewelery demand.
The demand for gold in Adilabad is also influenced by broader economic and market factors, such as inflation and the value of the US dollar. To understand the demand for gold in Adilabad, it's essential to keep track of these factors and the impact they have on the local gold market.
This article provides an overview of the various factors that drive the demand for gold in Adilabad and the impact they have on the local gold market.
Gold has been a popular commodity for centuries, and Adilabad is no exception. The city is known for its thriving gold market and its rich cultural association with the precious metal. Here are some interesting facts about gold and gold rates in Adilabad:
These interesting facts provide a glimpse into the history, culture, and market factors that influence gold rates in Adilabad. Understanding these factors is essential for those looking to invest in gold in the city.
Day | 24K Gold | 22K Gold |
---|---|---|
01 February 2023 | 5628 | 5360 |
07 February 2023 | 0 | 0 |
Highest | 5749 | 5475 |
Lowest | 5628 | 5360 |
While physical gold remains a popular investment option in Adilabad, there are several alternatives available to those looking for a more convenient or profitable option. Some of the more popular alternatives include:
Each of these alternatives has its own advantages and risks, and investors should do their research thoroughly before making a decision. However, for those looking for a more convenient or profitable way to invest in gold, these alternatives may be worth considering.
Is it safe to invest in gold in Adilabad?
Can I sell my gold back to a jeweler in Adilabad?
Is it better to invest in physical gold or an ETF in Adilabad?
Are there any taxes on gold investments in Adilabad?
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