Last updated on: 3th Feb 2023 10:00 AM
Ratlam, historically known as 'Ratnapuri', is a city located in the Malwa region of Madhya Pradesh. It is famous for its precious gold jewellery, Ratlami Sev, Saros, and many spiritual and tourist attractions.
Like the rest of India, gold is integral to Ratlam's culture and history. During wedding seasons and festivals, the demand for gold increases significantly. On such occasions, people buy physical gold in significant quantities. However, physical gold alternatives, like digital or paper gold, are also getting popular.
Are you planning to invest in gold in Ratlam? Check the gold rates in Ratlam and learn what factors impact them.
Gram | Yesterday | Today |
---|---|---|
1gm | ₹5,726.00 0.00 (0.00%) | ₹5,726.00 0.00 (0.00%) |
8gm | ₹45,808.00 0.00 (0.00%) | ₹45,808.00 0.00 (0.00%) |
10gm | ₹57,260.00 0.00 (0.00%) | ₹57,260.00 0.00 (0.00%) |
100gm | ₹5,72,600.00 0.00 (0.00%) | ₹5,72,600.00 0.00 (0.00%) |
There are different ways to invest in gold in Ratlam. Traditionally, physical gold like jewellery or coins has been a popular choice. But, now digital and paper gold is in demand too.
Day | 24K Gold | 22K Gold |
---|---|---|
04 Feb 2023 | ₹5,726.00 0.00 (0.00%) | ₹5,453.00 0.00 (0.00%) |
03 Feb 2023 | ₹5,726.00 0.00 (0.00%) | ₹5,453.00 0.00 (0.00%) |
02 Feb 2023 | ₹5,726.00 90.00 (1.60%) | ₹5,453.00 85.00 (1.59%) |
01 Feb 2023 | ₹5,636.00 26.00 (0.47%) | ₹5,368.00 25.00 (0.47%) |
31 Jan 2023 | ₹5,610.00 -16.00 (-0.28%) | ₹5,343.00 -15.00 (-0.27%) |
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%) |
Multiple factors impact gold prices in Ratlam. These include the following:
Besides the above domestic factors, a few international elements cause gold prices in Ratlam to fluctuate. Here is an overview:
Here are some interesting facts about gold in Ratlam that many of you didn't know:
Day | 24K Gold | 22K Gold |
---|---|---|
01 February 2023 | 5636 | 5368 |
05 February 2023 | 0 | 0 |
Highest | 5726 | 5453 |
Lowest | 5636 | 5368 |
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.
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.
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.
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.
Has GST Impacted Gold Rate in Ratlam?
Which are the best jewellery showrooms to buy gold jewellery, coins, and bars in Ratlam?
Which banks in Ratlam provide gold loans?
What are the highest and lowest rates of 24-Karat gold in Ratlam from August to October 2022?
gold rates in Popular cities of India
Gold rate in Mumbai