Gold rate in Ajmer
gold rate in ajmer

24K Gold/ 10gm
57,480.00
0.00(0.00%)
22K Gold/ 10gm
54,740.00
0.00(0.00%)

Last updated on: 3th Feb 2023 10:00 AM

Ajmer sees a surge in the buying and selling of gold during festival seasons. With high demand and limited supply, the prices of gold in Ajmer tend to go up during these periods. However, besides festivities, many other factors can contribute to gold price fluctuations in the city. If you are thinking of investing in gold, you must understand these elements and be aware of the ongoing gold rates in Ajmer.

22K & 24K Gold Rates Per Gram in Ajmer

24K
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GramYesterdayToday
1gm
5,748.00
0.00 (0.00%)
5,748.00
0.00 (0.00%)
8gm
45,984.00
0.00 (0.00%)
45,984.00
0.00 (0.00%)
10gm
57,480.00
0.00 (0.00%)
57,480.00
0.00 (0.00%)
100gm
5,74,800.00
0.00 (0.00%)
5,74,800.00
0.00 (0.00%)

Investment Options for Gold in Ajmer

Conventionally, gold was purchased as jewellery, coins and bars. But there are currently multiple ways to invest and trade in gold. For instance, if you don't want to hold gold in the physical form, you can opt for gold-related stocks and funds. They offer the dual benefit of investing in gold without the fuss of owning physical gold.

Although jewellery continues to be the most popular investment mode in Ajmer, several alternatives are also gaining popularity. Here's a look at some of them:

Gold ETFs

Gold ETFs or Exchange Traded Funds are financial instruments that offer the flexibility of stock investment coupled with the ease of trading in gold investments. One can invest in gold ETFs online, where each unit of ETF is equivalent to 1 gram of gold.

Some benefits of investing in gold ETFs include:

  • As ETFs are traded on the stock exchange, they can be bought and sold easily without liquidity issues.
  • If held for longer than a year, gold ETFs may offer certain tax benefits.
  • Since ETFs are held in a dematerialized form, you don’t have to worry about the safety of the asset or storage issues.

Gold Mutual Funds

Gold mutual funds are types of mutual funds that invest in the stocks of companies engaged in gold mining, production, marketing, distribution etc. The underlying asset of each fund is physical gold. Hence, any change in the market rate of gold affects the value of the funds.

Gold Derivatives

Another viable yet high-risk option is trading in gold derivatives. However, before beginning to trade, you will require an account with a commodities broker.

Historical gold rates in Ajmer in last 10 days

1 gram
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Day24K Gold22K Gold
04 Feb 2023
5,748.00
0.00 (0.00%)
5,474.00
0.00 (0.00%)
03 Feb 2023
5,748.00
0.00 (0.00%)
5,474.00
0.00 (0.00%)
02 Feb 2023
5,748.00
90.00 (1.60%)
5,474.00
85.00 (1.58%)
01 Feb 2023
5,658.00
26.00 (0.47%)
5,389.00
25.00 (0.47%)
31 Jan 2023
5,632.00
-16.00 (-0.28%)
5,364.00
-15.00 (-0.27%)
30 Jan 2023
5,648.00
0.00 (0.00%)
5,379.00
0.00 (0.00%)
29 Jan 2023
5,648.00
0.00 (0.00%)
5,379.00
0.00 (0.00%)
28 Jan 2023
5,648.00
16.00 (0.29%)
5,379.00
15.00 (0.28%)
27 Jan 2023
5,632.00
-63.00 (-1.10%)
5,364.00
-60.00 (-1.10%)
26 Jan 2023
5,695.00
42.00 (0.75%)
5,424.00
40.00 (0.75%)

Factors Affecting the Gold Prices in Ajmer

Multiple factors affect the rate of gold in Ajmer, including but not limited to the following:

Demand

Higher demand for gold drives up prices - a phenomenon commonly observed during the festive seasons. The demand for gold in Ajmer is sky-high on auspicious days such as Dhanteras. What’s more, gold is considered to be a very safe investment option that acts as a safe hedge against inflation. Thus, people are more likely to invest in gold for long-term returns.

Inflation

During inflation, the value of the currency goes down. Consequently, people tend to hold on to their gold assets, driving the prices up.

Global Gold Market

Since India is a prime importer of gold, any changes in the price of gold globally affect the rates in Ajmer as well. For example, if the price of gold dips in the international market, gold prices in Ajmer will also fall.

Weekly & monthly gold rate in Ajmer
1 gram
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7 Days
30 Days
3 Months
6 Months
24K GOLD
22K GOLD

Gold vs. FD

Both gold and fixed deposits are popular investment instruments. However, both share some differences, too. To begin with, returns from FD are guaranteed and fixed. Market fluctuations or economic conditions don’t affect your interest income.

On the other hand, gold rates can fluctuate. This is because gold rates get decided daily. They could go up or down based on economic conditions. But per historical trends, gold rates have always gone up in the longer term.

Trend of Gold rates in Ajmer

1 gram
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Day24K Gold22K Gold
01 February 202356585389
07 February 202300
Highest57485474
Lowest56585389

How is the Purity of Gold Evaluated in Ajmer?

Gold is valuable only when it is pure. There are instances where customers are duped with impure gold. Hence, confirming the purity of gold is crucial.

The Bureau of Indian Standards (BIS) is a government authority that certifies the purity of gold. According to BIS, the following factors are to be kept in mind when buying gold.

  1. BIS Mark

    Jewellery hallmarked by BIS will have a BIS logo on it. Remember that since BIS is the only authorized laboratory in India for gold certification.

  2. Karat

    Karat is a scale to gauge gold's purity. While 24 karat gold is the purest, it is too soft for use. Hence, other metals are added and the gold available in the market is often 22 Karat.

  3. Jewellers Identification Mark

    The gold you buy should also carry an identification mark by an authorized jeweller. This helps ensure the gold is from a credible source. The mark can also be helpful in the case of disputes.

FAQs of Gold price in Ajmer

Karat or carat - which is correct?

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Is it better to save cash or invest in gold?

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What should I consider before buying gold jewellery in Ajmer?

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How can I buy gold bars in Ajmer?

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