Gold Price Today Ahmedabad 8 December 2023, Gold Rates 22 & 24 Carat

Gold has indeed been a long-standing symbol of wealth and status, and its significance in the culture and traditions of Ahmedabad, as well as many other parts of India, is deeply rooted. As of Today, let’s delve into the world of Gold Price Today Ahmedabad 8 December 2023 and understand the various factors influencing these rates. Whether it’s for ornamental purposes, as part of religious ceremonies, or as a financial investment, gold has been a preferred asset for generations.

Also Read | 1 kg Gold Price 8 December 2023 in India, Gold Rate Per KG 22 & 24 Carat

Gold Price Today Ahmedabad 8 December

Vaarta bharat will provide you with up-to-date information on gold prices in India, including historical context, factors influencing the prices, and how to make the most of this valuable data.

Gold prices in Ahmedabad today are Rs 5,775▲ per gram for 22k, while for 24k also known as 999 gold, prices are Rs 6,300▲ per gram.

Gold Price Today Ahmedabad 8 December 22 carat gold price (INR)

Gram22 K Today22 K YesterdayPrice Change
1 Gram 5,775 5,760 15 ▲
8 Gram 46,200 46,080 120 ▲
10 Gram 57,750 57,600 150 ▲
100 Gram 5,77,500 5,76,000 1,500 ▲

Also Read | 1 kg Gold Price 8 December 2023 in India, Gold Rate Per KG 22 & 24 Carat

Gold Price Today Ahmedabad 8 December 24 carat gold price (INR)

Gram24 K Today24 K YesterdayPrice Change
1 Gram 6,300 6,283 17 ▲
8 Gram 50,400 50,264 136 ▲
10 Gram 63,000 62,830 170 ▲
100 Gram 6,30,000 6,28,300 1,700 ▲

Also Read | 1 kg Gold Price 8 December 2023 in India, Gold Rate Per KG 22 & 24 Carat

Gold Price in Ahmedabad 18 carat gold price (INR)

Gram18 K Today18 K YesterdayPrice Change
1 Gram 4,725 4,713 12 ▲
8 Gram 37,800 37,704 96 ▲
10 Gram 47,250 47,130 120 ▲
100 Gram 4,72,500 4,71,300 1,200 ▲

Also Read | 1 kg Gold Price 8 December 2023 in India, Gold Rate Per KG 22 & 24 Carat

Gold Price in Ahmedabad Last 10 Days(10 g):-

Date22 K Gold24 k gold
Dec 08, 2023 57,700 (150▲) 63,000 (170▲)
Dec 07, 2023 57,600 (100▲) 62,830 (110▲)
Dec 06, 2023 57,500 (400▼) 62,720 (440▼)
Dec 05, 2023 57,900 (1000▼) 63,160 (1090▼)
Dec 04, 2023 58,900 (400▲) 64,250 (440▲)
Dec 03, 2023 58,500 ( ~ ) 63,810 ( ~ )
Dec 02, 2023 58,500 (750▲) 63,810 (810▲)
Dec 01, 2023 57,750 (200▲) 63,000 (220▲)
Nov 30, 2023 57,550 (600▼) 62,780 (650▼)
Nov 29, 2023 58,150 (750▲) 63,430 (820▲)

Also Read | 1 kg Gold Price 8 December 2023 in India, Gold Rate Per KG 22 & 24 Carat

Gold Price in Ahmedabad

The price of gold in Ahmedabad, as in other parts of India, is influenced by multiple factors, making it subject to fluctuations. On this specific day, the gold rates in Ahmedabad may vary based on factors such as international market conditions, the Indian rupee’s exchange rate, local demand and supply, and government policies. You can find the current gold price by checking with local jewelers, banks, or financial news websites.

Factors Influencing Gold Prices in Ahmedabad:

International Market

The global demand and supply for gold significantly impact its prices. International events, economic conditions, and geopolitical tensions can cause gold prices to rise or fall.

Rupee-Dollar Exchange Rate

Since Gold is traded in US dollars globally, fluctuations in the rupee-dollar exchange rate can influence the local gold prices.

Local Demand and Supply

Festivals, weddings, and seasonal trends can impact the demand for gold in Ahmedabad, affecting prices. For instance, during festive seasons, gold prices tend to rise due to increased demand.

Government Policies

Government regulations such as import duties, taxes, and restrictions on gold imports can influence prices.

Tips for Buying Gold in Ahmedabad

If you’re considering buying gold in Ahmedabad, here are some tips to make a wise purchase.

Research

Understand the current market rates and trends. This knowledge will help you negotiate better and make an informed decision.

Buy Hallmarked Gold

Always buy gold jewelry with proper hallmarks that assure the purity and quality of the gold.

Compare Prices

Visit multiple jewelry stores or dealers to compare prices and choose the best deal.

Consider Making Charges

Be aware of the making charges, which are added to the gold’s cost. Negotiate these charges whenever possible.

Buy from Reputed Sellers

Choose established and reputable jewelers to ensure you are getting authentic gold.

Investing Wisely in Gold

If you’re considering gold as an investment, there are several options available.

Physical Gold

You can invest in physical gold in the form of coins, bars, or jewelry. Ensure secure storage and factor in storage costs.

Gold ETFs

Exchange-Traded Funds (ETFs) linked to gold prices provide an easy way to invest without owning physical gold.

Sovereign Gold Bonds

These are government-issued bonds backed by gold, providing an interest rate along with the potential for capital appreciation.

Gold Mutual Funds

Invest in mutual funds that specialize in gold and gold-related assets.

Systematic Investment Plan (SIP)

Consider a SIP in a gold fund for regular, disciplined investment.

Gold continues to hold its allure in Ahmedabad and across India. Whether it’s for traditional ceremonies, personal adornment, or investment purposes, being informed about gold prices, understanding the factors that affect them, and following smart buying and investment practices can help you make the most of this precious metal.