Gold Rate Today in Kohima
Last updated on: 2nd Jun 2023 05:41 PM
Kohima, the capital of Nagaland, is a popular city for buying gold. The city is known for its rich cultural heritage, with many festivals and celebrations taking place throughout the year. With its rapidly growing population, the demand for gold in Kohima has increased significantly in recent years. In this article, we will discuss the current gold rate in Kohima and some interesting facts about gold and gold rates in Kohima compared to other cities.
This article is intended to provide an overview of all the relevant information on gold rates in Kohima so that you can make an informed decision when making any gold purchase.
Gold Rate Comparison - 22K vs 24K
Gold vs Other Investment Options
Gold is considered to be one of the safest and most profitable investments, as it has historically been a reliable store of value in times of economic crisis. Gold is also a very liquid asset, which makes it easy to convert into cash if needed. Compared to other investment options such as stocks, bonds, and mutual funds, gold is less volatile and provides a more secure investment option.
Today's 22K & 24K Gold Rates Per Gram in Kohima
| Gram | Yesterday | Today |
|---|---|---|
| 1 gram | ₹6,043.00 5.00 (0.08%) | ₹5,983.00 -60.00 (-1.00%) |
| 8 grams | ₹48,344.00 40.00 (0.08%) | ₹47,864.00 -480.00 (-1.00%) |
| 10 grams | ₹60,430.00 50.00 (0.08%) | ₹59,830.00 -600.00 (-1.00%) |
| 100 grams | ₹6,04,300.00 500.00 (0.08%) | ₹5,98,300.00 -6000.00 (-1.00%) |
How is the Purity of Gold Evaluated in Kohima?
The purity of gold in Kohima is usually evaluated using the Karat system. The Karat system is a standard measure of purity, with 24K gold being the purest form and 22K gold being the least pure. The purity of gold is usually indicated on gold jewellery, with the Karat value being stamped on it. Additionally, the purity of gold can also be tested by a professional goldsmith.
Historical Gold Rate in Kohima for Last 10 Days
| Day | 24K Gold | 22K Gold |
|---|---|---|
| 02 Jun 2023 | ₹59,830.00 -600.00 (-1.00%) | ₹54,846.16 -550.02 (-0.84%) |
| 01 Jun 2023 | ₹60,430.00 50.00 (0.08%) | ₹55,396.18 45.83 (0.07%) |
| 31 May 2023 | ₹60,380.00 30.00 (0.05%) | ₹55,350.35 27.50 (0.04%) |
| 30 May 2023 | ₹60,350.00 510.00 (0.85%) | ₹55,322.85 467.52 (0.71%) |
| 29 May 2023 | ₹59,840.00 60.00 (0.10%) | ₹54,855.33 55.00 (0.08%) |
| 26 May 2023 | ₹59,780.00 -90.00 (-0.15%) | ₹54,800.33 -82.50 (-0.13%) |
| 25 May 2023 | ₹59,870.00 -460.00 (-0.77%) | ₹54,882.83 -421.68 (-0.65%) |
| 24 May 2023 | ₹60,330.00 -270.00 (-0.45%) | ₹55,304.51 -247.51 (-0.38%) |
| 23 May 2023 | ₹60,600.00 -120.00 (-0.20%) | ₹55,552.02 -110.00 (-0.17%) |
| 22 May 2023 | ₹60,720.00 0.00 (0.00%) | ₹55,662.02 0.00 (0.00%) |
Impact of GST and Central Bank Policies on Gold Rate in Kohima
The gold rate in Kohima is affected by the Goods and Services Tax (GST) and the policies of the Central Bank of India. The GST rate on gold is currently 3%. Additionally, the Central Bank of India has taken various measures to regulate the gold market, such as introducing gold bonds, which has significantly impacted the gold rate in Kohima.
Understanding the Demand for Gold in Kohima
Kohima is the second-largest city in the state and is home to over 450,000 people. As a result, the demand for gold in Kohima has grown significantly in recent years, with many people looking to invest in gold to celebrate festivals or secure their financial future.
Comparison Between 24K and 22K Gold
Gold is usually available in two varieties in Kohima - 24K gold and 22K gold. 24K gold is the purest form of gold and is 99.99% pure. It is usually more expensive than 22K gold, which is 91.6% pure. The price difference between 24K and 22K gold depends on the current gold rate in the international market and the taxes and other charges applicable in Kohima.
FAQs of Gold Rate in Kohima
What is the current gold rate in Kohima?
The gold rate in Kohima changes regularly and depends on several factors, including the current gold rate in the international market, the demand and supply of gold in Kohima, and the taxes and other charges applicable in the city. To get an accurate idea of the current gold rate in Kohima, check the rate at a reliable gold retailer or online.
What is the difference between 24K and 22K gold?
How is the purity of gold evaluated in Kohima?
How is gold formed?
What are some uses of gold?
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- Tax exempted when held till maturity
Gold Rates in Popular Cities of India
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.