Gold rate in Ayodhya
gold rate in ayodhya

24K Gold/ 10gm
57,440.00
0.00(0.00%)
22K Gold/ 10gm
54,700.00
0.00(0.00%)

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

Ayodhya is a historical town that the Hindus revere as one of their seven holiest towns. The Ramayana, a famous Indian epic poem, associates Ayodhya with the birth of Rama and Dasharatha's rule over it.

 Even though there are other investment options available, the demand for gold has remained high. Demand in Ayodhya affects the price of gold. This has motivated an increasing number of investors to invest money in this precious metal. Read on to learn more about gold rates in Ayodhya and how to invest.

22K & 24K Gold Rates Per Gram in Ayodhya

24K
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GramYesterdayToday
1gm
5,744.00
0.00 (0.00%)
5,744.00
0.00 (0.00%)
8gm
45,952.00
0.00 (0.00%)
45,952.00
0.00 (0.00%)
10gm
57,440.00
0.00 (0.00%)
57,440.00
0.00 (0.00%)
100gm
5,74,400.00
0.00 (0.00%)
5,74,400.00
0.00 (0.00%)

Some Interesting Facts on Gold

Here are some of the most interesting facts on gold that will further pique your interest in the precious metal:

  • Gold is one of the assets that Indians prefer the most due to its secure reputation and popularity as a jewellery material.
  • According to a 2019 World Gold Council (WGC) survey, Indian families own more than 25,000 tons of gold, making it the nation with the largest gold reserves worldwide. This serves to emphasize once more the deep affinity Indians have for the golden metal.
  • Given the importance of gold in Indian culture, this nation prefers buying it more frequently for jewellery than investments.
  • Gold is immune to rust, oxidation, and most acids due to its near indestructibility. Because of its endurance, gold is the ideal metal for use in jewellery creation.

Historical gold rates in Ayodhya in last 10 days

1 gram
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Day24K Gold22K Gold
04 Feb 2023
5,744.00
0.00 (0.00%)
5,470.00
0.00 (0.00%)
03 Feb 2023
5,744.00
0.00 (0.00%)
5,470.00
0.00 (0.00%)
02 Feb 2023
5,744.00
90.00 (1.60%)
5,470.00
85.00 (1.58%)
01 Feb 2023
5,654.00
26.00 (0.47%)
5,385.00
25.00 (0.47%)
31 Jan 2023
5,628.00
-16.00 (-0.28%)
5,360.00
-15.00 (-0.27%)
30 Jan 2023
5,644.00
0.00 (0.00%)
5,375.00
0.00 (0.00%)
29 Jan 2023
5,644.00
0.00 (0.00%)
5,375.00
0.00 (0.00%)
28 Jan 2023
5,644.00
16.00 (0.29%)
5,375.00
15.00 (0.28%)
27 Jan 2023
5,628.00
-63.00 (-1.10%)
5,360.00
-60.00 (-1.10%)
26 Jan 2023
5,691.00
42.00 (0.75%)
5,420.00
40.00 (0.75%)

How is the Purity of Gold Evaluated in Ayodhya?

The most valuable form of gold is pure. Customers may occasionally be tricked into buying gold that isn't pure. As a result, it's critical to confirm the purity of gold. The Bureau of Indian Standards is one example of a government body that verifies the purity of gold (BIS). According to BIS, gold buyers should take the following factors into account.

BIS Mark: The BIS logo can be seen on jewellery that has been BIS hallmarked. Remember that the BIS is the only accredited laboratory in India for gold certification; hence this mark is necessary.

Karat: The purity of gold is determined using the karat scale. Even though 24-carat gold is the purest, it is too delicate to be used. More metals are added, and 22-karat gold is commonly available on the market.

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

Impact of GST / Central Bank Policies on Gold Rates in Ayodhya

Since the Goods and Services Tax (GST), which will take effect on July 1st, 2017, would bring in a new era in taxation in India, investors, manufacturers, and consumers have been anxiously expecting details on the new tax slabs. The new tax system, which would replace taxes like the value-added tax, central excise duty, and customs duty, has three tax brackets proposed by the administration.

The GST was set at 3% for gold, plus an additional tax on making charges. The making charge tax was reduced from 10% to 5% as a result of complaints made by various organizations.

Trend of Gold rates in Ayodhya

1 gram
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Day24K Gold22K Gold
01 February 202356545385
07 February 202300
Highest57445470
Lowest56545385

How is the Purity of Gold Evaluated in Ayodhya?

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 Ayodhya

What is the current market rate for gold in Ayodhya?

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What is the expected future price of gold in Ayodhya?

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Which gold hallmarks can I find in Ayodhya jewellery shops?

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What are the many colours of gold jewellery available in Ayodhya?

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