Gold rate in Haridwar
gold rate in haridwar

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

Haridwar (also spelled ‘Hardwar’) is a city located in the state of Uttarakhand, and it is known for its religious importance and scenic beauty. It sits on the right bank of the sacred river Ganga. Devotees go to this place to take a dip in the holy river to cleanse their sins. In Hindu mythology, Haridwar means “The gateway to the Kingdom of Gods” because the Gods are said to have left their footprints here. Located at the foothills of the Shivalik range of the Himalayas, Haridwar is one of the seven holy cities of India.

The price of gold in Haridwar depends on several factors, including international gold prices, the currency exchange rate, and local taxes. As many travellers come to Haridwar to visit the Char Dhams, the city also has several gold shops where you can buy jewellery and other items.

People in Haridwar believe that gold is a very auspicious metal and is often given as a gift on special occasions such as weddings and births. Gold is also used in religious ceremonies, and many temples in the city have gold-plated roofs and doors.

22K & 24K Gold Rates Per Gram in Haridwar

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%)

Factors Affecting the Gold Prices in Haridwar

Gold is a metal that is affected by a number of factors, both international and domestic. Some of the most important factors influencing the gold rate in Haridwar include: - 

International Gold Prices

One factor affecting gold's price is the global market. Gold is traded in US dollars, so when the US dollar value goes up, gold costs go down, and vice versa.

Local Taxes

The government of India imposes a 12.5% import duty on gold. A 2.5% of agriculture cess is also levied on the precious metal. So, when gold is imported into the country, these taxes are added to the price.

Supply and Demand

If the demand is greater than the supply, the cost of gold will go up. Conversely, if there is more supply than demand, the price of gold will go down.

Inflation

Inflation is also one of the essential factors influencing gold rates in Haridwar. When inflation is high, the prices of all goods and services go up, including the cost of gold.

Indian Rupee value

The rupee-dollar equation affects India's gold price. Physical gold is mostly imported, so if the rupee weakens against the dollar, the price of gold will rise in rupee terms. As a result, India's demand for gold may be affected by the depreciation of the Indian rupee.

Historical gold rates in Haridwar 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%)

22 karat vs 24 karat gold - Which to buy?

In India, gold is bought in two purity forms, 22 karats and 24 karats. People often need clarification about which to buy because both have their own pros and cons. Here is a quick guide that will help you understand both their features, so you can make an informed decision on which one to buy:

22 Karat Gold

More durable than 24K gold and is suited for jewellery making - It is the purest form of ornamental gold in India. - Jewellery and coins are made from it.

24 Karats Gold

It is the purest form of gold with the highest purity. - It is a great option if you wish to invest in physical gold. - Pure gold 24k is used in medical and electrical devices.

Keep in mind that both forms of gold are equally valuable. The choice between the two ultimately comes down to personal preference. Consider your budget, needs and preferences before making a decision.

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

How does GST impact gold rates in Haridwar?

The Goods and Services Tax (GST) is a tax levied on the sale of goods and services in India. The GST rate on gold and other precious metals is 3%. This means that when you buy gold in Haridwar, you will have to pay an additional 3% GST charge. In India, gold buyers are subject to a 12.5% import duty, 3% GST, and an extra 5% making charges as of now.

Trend of Gold rates in Haridwar

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 Haridwar?

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.

Frequently Asked Questions on Gold Price in Haridwar
Does the gold rate in Haridwar differ from the rest of India?
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What are some popular gold investment options in India?
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Why should I prefer Sovereign Gold Bonds over physical gold?
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Which variant of gold is good for daily use?
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