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Gold Rate Today in Malerkotla
gold rate in Malerkotla

24K Gold/ 10gm
₹55,390.00
0(0.00%)
22K Gold/ 10gm
₹50,776.01
0(0.00%)

Last updated on: 8th Mar 2023

Malerkotla, a city located in the state of Punjab, India, is a hub of cultural diversity and economic growth. With a thriving industry and a rich history, Malerkotla offers a range of investment opportunities for individuals seeking to grow their wealth. One of the most popular forms of investment in Malerkotla is gold. Gold has been a symbol of wealth and prosperity for centuries, and its popularity as an investment option continues to grow. In this blog, we will take a closer look at the various gold investment options available in Malerkotla, including physical gold, gold savings accounts, gold ETFs, and gold bonds. Whether you are a seasoned investor or new to the gold market, this blog will provide valuable insights on how to make the most of your gold investment in Malerkotla.

Gold Rate Comparison - 22K vs 24K

Gold vs other investment options

A new way of investing in gold is buying gold items and gold bonds guaranteed by the government. You can also invest in gold ETF or gold mutual funds to get returns in gold or gold-based derivatives. Gold exchange-traded funds are mutual funds set up to track the ever-changing prices of gold in the national market. Investment in gold lowers risk for your investment portfolio and helps you diversify it with different asset classes. There are other assets in which you can also invest.

For example, you can invest in real estate, mutual funds or fixed deposits to set up wealth for the future. Mutual fund investments through SIP can be lucrative choices for higher returns. You can even start buying stocks from different IPOs and companies.

Today's 22K & 24K Gold Rates Per Gram in Malerkotla

24K
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GramYesterdayToday
1 gram
₹5,539.00
-10 (0.18%)
₹5,539.00
0 (0.00%)
8 grams
₹44,312.00
-80 (0.18%)
₹44,312.00
0 (0.00%)
10 grams
₹55,390.00
-100 (0.18%)
₹55,390.00
0 (0.00%)
100 grams
₹5,53,900.00
-1000 (0.18%)
₹5,53,900.00
0 (0.00%)
GramYesterdayToday
1 gram
₹5,539.00
-10 (0.18%)
₹5,539.00
0 (0.00%)
8 grams
₹44,312.00
-80 (0.18%)
₹44,312.00
0 (0.00%)
10 grams
₹55,390.00
-100 (0.18%)
₹55,390.00
0 (0.00%)
100 grams
₹5,53,900.00
-1000 (0.18%)
₹5,53,900.00
0 (0.00%)

How is the Purity of Gold Evaluated in Malerkotla?

Some signs tell you that the gold items you buy are pure. These three signs of purity for gold are as given below-

  • BIS hallmark- BIS hallmark is a certification of the Bureau of Indian standards, which has been mandatory in India on pure gold jewellery since 2021. The triangular BIS hallmark assures you of its certification and purity.
  • Fineness grade- The fineness grade of the jewellery or bar shows you a degree of purity of gold in a jewellery piece or gold bar. The purity and fineness grade of the jewellery or bar determines the rate of gold.
  • Alphanumeric code- A six-digit alphanumeric code is also etched into pure gold jewellery or bar, along with the BIS certification. The Alphanumeric code, also known as the HUID, shows that the jewellery is certified and registered with the BIS.

Before you purchase a gold item, ask the jeweller if the item has these three signs. Once you spot these signs, you can buy the item.

Historical Gold Rate in Malerkotla for Last 10 Days

10 grams
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Day24K Gold22K Gold
09 Mar 2023
₹55,390.00
0 (0.00%)
₹50,776.01
0 (0.00%)
08 Mar 2023
₹55,390.00
-100 (0.18%)
₹50,776.01
-91.67 (0.15%)
07 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
06 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
05 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
04 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
03 Mar 2023
₹55,490.00
+150 (0.27%)
₹50,867.68
+137.50 (0.23%)
02 Mar 2023
₹55,340.00
+160 (0.29%)
₹50,730.18
+146.67 (0.24%)
01 Mar 2023
₹55,180.00
+110 (0.20%)
₹50,583.51
+100.84 (0.17%)
28 Feb 2023
₹55,070.00
-160 (0.29%)
₹50,482.67
-146.67 (0.24%)
Day24K Gold22K Gold
09 Mar 2023
₹55,390.00
0 (0.00%)
₹50,776.01
0 (0.00%)
08 Mar 2023
₹55,390.00
-100 (0.18%)
₹50,776.01
-91.67 (0.15%)
07 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
06 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
05 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
04 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
03 Mar 2023
₹55,490.00
+150 (0.27%)
₹50,867.68
+137.50 (0.23%)
02 Mar 2023
₹55,340.00
+160 (0.29%)
₹50,730.18
+146.67 (0.24%)
01 Mar 2023
₹55,180.00
+110 (0.20%)
₹50,583.51
+100.84 (0.17%)
28 Feb 2023
₹55,070.00
-160 (0.29%)
₹50,482.67
-146.67 (0.24%)
Day24K Gold22K Gold
09 Mar 2023
₹55,390.00
0 (0.00%)
₹50,776.01
0 (0.00%)
08 Mar 2023
₹55,390.00
-100 (0.18%)
₹50,776.01
-91.67 (0.15%)
07 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
06 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
05 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
04 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
03 Mar 2023
₹55,490.00
+150 (0.27%)
₹50,867.68
+137.50 (0.23%)
02 Mar 2023
₹55,340.00
+160 (0.29%)
₹50,730.18
+146.67 (0.24%)
01 Mar 2023
₹55,180.00
+110 (0.20%)
₹50,583.51
+100.84 (0.17%)
28 Feb 2023
₹55,070.00
-160 (0.29%)
₹50,482.67
-146.67 (0.24%)
Day24K Gold22K Gold
09 Mar 2023
₹55,390.00
0 (0.00%)
₹50,776.01
0 (0.00%)
08 Mar 2023
₹55,390.00
-100 (0.18%)
₹50,776.01
-91.67 (0.15%)
07 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
06 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
05 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
04 Mar 2023
₹55,490.00
0 (0.00%)
₹50,867.68
0 (0.00%)
03 Mar 2023
₹55,490.00
+150 (0.27%)
₹50,867.68
+137.50 (0.23%)
02 Mar 2023
₹55,340.00
+160 (0.29%)
₹50,730.18
+146.67 (0.24%)
01 Mar 2023
₹55,180.00
+110 (0.20%)
₹50,583.51
+100.84 (0.17%)
28 Feb 2023
₹55,070.00
-160 (0.29%)
₹50,482.67
-146.67 (0.24%)

Impact of GST / Central Bank Policies on Gold Rate in Malerkotla?

The purchase of gold falls under the goods category of the goods and services tax. The GST tax is levied on both jewellery and gold bars. Due to the addition of taxes on the gold price, the final price goes up by 1.1 per cent for gold jewellery. On the other hand, the gold price goes 2 to 3 per cent upward for pure gold bars and coins. Moreover, a 5 per cent GST on making fee is also charged on gold jewellery and items.

Comparison Between 24K and 22K Gold

24K gold and 22K gold are two types of gold that are the purest forms of gold you can buy. The 24K gold is purer than the 22K gold type as it contains 99 per cent gold. The 22K gold items contain only 91.7 per cent gold and are less pure than 24K gold. 22K gold is sturdier and does not break easily. Therefore, it is used to make jewellery and wearable items. Gold bars and coins made for investment and storage purposes are made of 24K gold.

The BIS Hallmark certification signifies purity and checks any gold item. When buying gold jewellery, look for sure signs of purity. The signs of purity are discussed in detail further. Both gold jewellery and bars can be used for investment and as collateral for loans.

FAQs of Gold Rate in Malerkotla

Why does the gold rate in Malerkotla keeps changing?

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The gold rate in Malerkotla keeps changing due to influencing factors such as transportation charges, GST and other central taxes, demand, and state taxes.

How is the gold price determined in Malerkotla?

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What are the taxes levied on gold purchases in Malerkotla?

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How to find a reputed jeweller to buy gold jewellery and items in Malerkotla?

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sovereign gold bonds

Sovereign Gold Bond

2.5% p.a. + Gold price increase

  • RBI issued bonds
  • Best deals filtered for you
  • Tax exempted when held till maturity
Gold Rate Calculator

Location

Weight

Purity of Gold
Price

₹55,390 / 10gm

Last updated on: 8th Mar 2023

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.