Last updated on: 3th Feb 2023 10:00 AM
Aurangabad is a well-known city located in the state of Maharashtra. It is named after the late Mughal emperor, Aurangzeb. Aurangabad is popularly known as the "City of Gates" and is well-renowned for its tourist destinations, including the renowned Ajanta and Ellora Caves, both of which are included as UNESCO World Heritage Sites.
Gold has traditionally been a symbol of prosperity for the people of Aurangabad, as is the case with the rest of the nation. This precious metal is a prestigious product bought in large and small quantities A high level of liquidity is provided, despite shifting market rates. As a result, it is a well-liked hedging asset.
Despite regular fluctuations in market rates, gold is consistently in high demand and has an upward price trend. Therefore, it is crucial to be aware of the current pricing, whether you want to buy gold or apply for a gold loan. This enables you to time your purchase and maximises your investment.
Gram | Yesterday | Today |
---|---|---|
1gm | ₹5,726.00 0.00 (0.00%) | ₹5,726.00 0.00 (0.00%) |
8gm | ₹45,808.00 0.00 (0.00%) | ₹45,808.00 0.00 (0.00%) |
10gm | ₹57,260.00 0.00 (0.00%) | ₹57,260.00 0.00 (0.00%) |
100gm | ₹5,72,600.00 0.00 (0.00%) | ₹5,72,600.00 0.00 (0.00%) |
Several regional and global factors influence the price of gold in the market. Its interest rates, market demand, taxes that apply to it, government-held reserves, and some seasonal buying patterns are a few domestic influences. Global inflation and currency value variations are examples of international causes.
Aurangabad's gold prices are different from those in other Indian cities. Again, this is a result of several circumstances, including:
Day | 24K Gold | 22K Gold |
---|---|---|
04 Feb 2023 | ₹5,726.00 0.00 (0.00%) | ₹5,453.00 0.00 (0.00%) |
03 Feb 2023 | ₹5,726.00 0.00 (0.00%) | ₹5,453.00 0.00 (0.00%) |
02 Feb 2023 | ₹5,726.00 90.00 (1.60%) | ₹5,453.00 85.00 (1.59%) |
01 Feb 2023 | ₹5,636.00 26.00 (0.47%) | ₹5,368.00 25.00 (0.47%) |
31 Jan 2023 | ₹5,610.00 -16.00 (-0.28%) | ₹5,343.00 -15.00 (-0.27%) |
30 Jan 2023 | ₹5,626.00 0.00 (0.00%) | ₹5,358.00 0.00 (0.00%) |
29 Jan 2023 | ₹5,626.00 0.00 (0.00%) | ₹5,358.00 0.00 (0.00%) |
28 Jan 2023 | ₹5,626.00 16.00 (0.29%) | ₹5,358.00 15.00 (0.29%) |
27 Jan 2023 | ₹5,610.00 -63.00 (-1.11%) | ₹5,343.00 -60.00 (-1.11%) |
26 Jan 2023 | ₹5,673.00 42.00 (0.75%) | ₹5,403.00 40.00 (0.75%) |
People in India purchase gold for jewellery, emergency savings (or portfolio diversity), and investments. However, due to its 99.9% purity, 24-karat gold will be the greatest choice for investments. Even though 24-karat gold is delicate and sensitive, it has a higher intrinsic value than 22-karat gold, which contains just 91.67% gold.
Always look for the hallmark certification when buying a 24-karat gold coin or bar to verify the purity. Additionally, buying gold from BIS-hallmarked jewellers will ensure that you receive the correct price for it when you sell it.
Day | 24K Gold | 22K Gold |
---|---|---|
01 February 2023 | 5636 | 5368 |
05 February 2023 | 0 | 0 |
Highest | 5726 | 5453 |
Lowest | 5636 | 5368 |
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