Last updated on: 29th Jan 2023 9:00 AM
The industrial town of Bhilai Nagar is the second largest urban area in Chhatisgarh. It is located in the Durg District and has a rich cultural heritage and demography. Like most Indian cities, gold has traditionally been esteemed in Bhilai Nagar, both as jewellery and as an investment instrument.
The locals buy gold in the form of jewellery and bullion throughout the year in Bhilai Nagar. However, the demand for gold is highest during festive seasons such as Diwali, Dussehra, Dhanteras, etc. The continuous changes in buying patterns of gold influence the prices of gold in the city.
Besides festivities, other factors also impact gold prices in Bhilai Nagar. Continue reading to explore the various factors influencing gold prices in Bhilai.
Gram | Yesterday | Today |
---|---|---|
1gm | ₹5,626.00 0.00 (0.00%) | ₹5,626.00 0.00 (0.00%) |
8gm | ₹45,008.00 0.00 (0.00%) | ₹45,008.00 0.00 (0.00%) |
10gm | ₹56,260.00 0.00 (0.00%) | ₹56,260.00 0.00 (0.00%) |
100gm | ₹5,62,600.00 0.00 (0.00%) | ₹5,62,600.00 0.00 (0.00%) |
Like the rest of India, gold rates in Bhilai Nagar depend on various factors. Here are the factors impacting the gold rate in Bhilai Nagar:
Day | 24K Gold | 22K Gold |
---|---|---|
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%) |
25 Jan 2023 | ₹5,631.00 0.00 (0.00%) | ₹5,363.00 0.00 (0.00%) |
24 Jan 2023 | ₹5,631.00 37.00 (0.67%) | ₹5,363.00 35.00 (0.66%) |
23 Jan 2023 | ₹5,594.00 10.00 (0.18%) | ₹5,328.00 10.00 (0.19%) |
22 Jan 2023 | ₹5,584.00 0.00 (0.00%) | ₹5,318.00 0.00 (0.00%) |
21 Jan 2023 | ₹5,584.00 -10.00 (-0.17%) | ₹5,318.00 -10.00 (-0.18%) |
The price of gold in Bhilai Nagar contains the following taxes:
You can verify the purity of gold through the hallmark given by the Bureau of Indian Standards (BIS). If you are looking to buy gold in Bhilai Nagar, check the hallmark before buying it.
All registered jewellers are required to stamp gold articles with the hallmark and the gold karats. There are chances of being defrauded in the purchase of un-hallmarked gold.
The purity of gold is measured in karats.
24-karat gold is the purest form, containing 100% gold. However, it is hard to make jewellery with it because it is soft. So usually, 22-karat gold is used to make gold jewellery. This contains 22 parts gold and 2 parts alloys of copper, silver, nickel, and zinc. It is also called 916 gold, as it is equivalent to 91.6% gold. The price of 916 gold is calculated by multiplying 0.916 by the price of 24 karat gold. Further, 14 and 18-karat gold is used to make designer jewellery.
Day | 24K Gold | 22K Gold |
---|---|---|
01 January 2023 | 5411 | 5153 |
30 January 2023 | 5626 | 5358 |
Highest | 5673 | 5403 |
Lowest | 5384 | 5128 |
When using gold jewellery as an investment, you end up paying 'making charges' which are not recovered on the sale of the very same articles. Consequently, the profitability of gold declines. Therefore, you can choose to invest in different alternatives as discussed below:
How to check the purity of different karats of gold?
Should I buy un-hallmarked gold?
What is KDM gold? How does it differ from hallmarked gold?
What returns do I get from investing in a gold bond?
gold rates in Popular cities of India
Gold rate in Mumbai