Last updated on: 8th Mar 2023 06:30 AM
Alwar is one of the oldest cities in Rajasthan and among the first Rajput territories to associate with the British Raj. The demand for gold in Alwar predominantly remains high as it is used in traditional ornaments and jewellery. People of Rajasthan consider gold a precious commodity and worship it as a symbol of prosperity.
The city always sees a constant demand for gold and is a hub for gold trade. Alwar's gold rates have increased in the past few years. Most people living here invest in gold. The demand for gold is high, particularly during festive occasions like Dhanteras and Akshaya Tithi, as well as the wedding seasons.
Let us have a look at the gold prices in the city.
Gold rates in Alwar are primarily affected by the changing value of:-
Gram | Yesterday | Today |
---|---|---|
1 gram | ₹554.30 -1.00 (-0.18%) | ₹554.30 0.00 (0.00%) |
8 grams | ₹4,434.40 -8.00 (-0.18%) | ₹4,434.40 0.00 (0.00%) |
10 grams | ₹5,543.00 -10.00 (-0.18%) | ₹5,543.00 0.00 (0.00%) |
100 grams | ₹55,430.00 -100.00 (-0.18%) | ₹55,430.00 0.00 (0.00%) |
Day | 24K Gold | 22K Gold |
---|---|---|
09 Mar 2023 | ₹5,543.00 0.00 (0.00%) | ₹5,081.27 0.00 (0.00%) |
08 Mar 2023 | ₹5,543.00 -10.00 (-0.18%) | ₹5,081.27 -9.17 (-0.15%) |
07 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
06 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
05 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
04 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
03 Mar 2023 | ₹5,553.00 15.00 (0.27%) | ₹5,090.44 13.75 (0.23%) |
02 Mar 2023 | ₹5,538.00 16.00 (0.29%) | ₹5,076.68 14.67 (0.24%) |
01 Mar 2023 | ₹5,522.00 11.00 (0.20%) | ₹5,062.02 10.08 (0.17%) |
28 Feb 2023 | ₹5,511.00 -16.00 (-0.29%) | ₹5,051.93 -14.67 (-0.24%) |
There are several options available for investing in gold in Alwar, including:
It is important to carefully consider your investment goals, risk tolerance, and financial situation before deciding which gold investment option is right for you. It is also a good idea to seek the advice of a financial advisor or professional before making any investment decisions.
Investors prefer to invest in gold than in currency during economic uncertainty. When inflation increases, the demand increases. Consequently, the price of gold shoots up.
India is among the largest importers of gold, and any change in import prices due to global movement gets reflected in the price of gold in India. The cost and demand for gold rise when there is a political crisis.
When the central banks of large economies begin to procure gold and increase their reserves, the price of gold rises. It happens because the cash flow increases when the supply of gold decreases.
Is digital gold safe?
Yes, digital gold is sold in digital certificates and kept secure in a digital locker.
Which are the top jewellers in Alwar?
What is the simplest way to find the rate of gold in Alwar?
Disclaimer: Wint Wealth makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are subject to change with market value and are provided on an as-is basis. Wint Wealth has no commercial interest or gain in or from the actions resulting from the information displayed on this page. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. You are advised to make your own enquiries, consult a professional advisor and verify the information prior to taking any investment decisions. We accept no liability for any loss arising from the use of the data contained on this website.