Last updated on: 8th Mar 2023 06:30 AM
Learn about gold rates in the city of Sikar, factors that are impacting gold prices in Sikar, and other investment options.
Sikar is a city and municipal council located in the Sikar district of the Indian state of Rajasthan. Sikar, which has a number of engineering and medical coaching facilities, is a significant coaching hub in the nation after Kota for preparation for competitive examinations.
The historical city of Sikar is home to numerous historic Havelis. This city is famous for its beautiful sights and welcoming people. The people of Sikar believe in buying gold ornaments as a safe investment option for security and long-term returns. Gold is not merely a metal to Indians; it carries auspicious sentiments and emotional attachments.
Keep reading to learn more about the gold rates in Sikar, the factors influencing gold prices, the purity of gold, and other investment options.
Being an expensive investment, the purchase of gold is risky and should be done with utmost care. You must ensure the purity of the gold before buying any gold articles.
The purity of gold is measured in karats (K). Gold is available in multiple purity levels,
such as -
Before buying any gold ornament, you must ensure that it is inscribed with the following marks to ensure its authenticity -
Gram | Yesterday | Today |
---|---|---|
1 gram | ₹554.30 -1.00 (-0.18%) | ₹554.30 0.00 (0.00%) |
8 grams | ₹4,434.40 -8.00 (-0.18%) | ₹4,434.40 0.00 (0.00%) |
10 grams | ₹5,543.00 -10.00 (-0.18%) | ₹5,543.00 0.00 (0.00%) |
100 grams | ₹55,430.00 -100.00 (-0.18%) | ₹55,430.00 0.00 (0.00%) |
The most common way in which people invest or purchase gold is through its physical forms, such as bars, coins and ornaments. To prevent the hassle of storing physical gold and keeping it secure against theft or loss, you can look at newer alternatives that have cropped up on the market. Here are some digital ways in which you can make gold investments in Sikar:
Day | 24K Gold | 22K Gold |
---|---|---|
09 Mar 2023 | ₹5,543.00 0.00 (0.00%) | ₹5,081.27 0.00 (0.00%) |
08 Mar 2023 | ₹5,543.00 -10.00 (-0.18%) | ₹5,081.27 -9.17 (-0.15%) |
07 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
06 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
05 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
04 Mar 2023 | ₹5,553.00 0.00 (0.00%) | ₹5,090.44 0.00 (0.00%) |
03 Mar 2023 | ₹5,553.00 15.00 (0.27%) | ₹5,090.44 13.75 (0.23%) |
02 Mar 2023 | ₹5,538.00 16.00 (0.29%) | ₹5,076.68 14.67 (0.24%) |
01 Mar 2023 | ₹5,522.00 11.00 (0.20%) | ₹5,062.02 10.08 (0.17%) |
28 Feb 2023 | ₹5,511.00 -16.00 (-0.29%) | ₹5,051.93 -14.67 (-0.24%) |
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.
What taxes do I have to pay on gold purchased in Sikar?
A significant part of the price of gold is due to the different taxes levied on it.
Three types of import duties are applicable to gold imports to India -
Additionally, you have to pay a GST (Goods and Services Tax) rate of 3% on all gold purchases.
Which are some of the most popular jewellers in Sikar?
What should I remember before buying gold jewellery in Sikar?
Should I invest in 24-karat gold in Sikar?
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.