Gold Price Today Ludhiana 19 November 2023, Gold Rates in Punjab 22 & 24 Carat

Gold has always held a special place in the hearts of the people of Ludhiana. Whether it’s for weddings, festivals, or simply as an investment, gold is cherished. In this article, we will delve into the intriguing world of Gold price today Ludhiana 19 November 2023. We will not only provide you with the current gold rates but also explore the factors influencing these rates, tips for buying gold, and how to invest wisely

Gold Price Today Ludhiana 19 November 2023

Gold prices in Ludhiana today are Rs 5,670 per gram for 22k, while for 24k also known as 999 gold, prices are Rs 6,184 ▲ per gram.

Also Read | Gold Rate Today 19 November 2023, Gold Prices in India 22 & 24 Carat

Gold Price Today Ludhiana 19 November 2023 22 carat gold price (INR)

Gram22 K Today22 K YesterdayPrice Change
1 Gram 5,670 5,670 0
8 Gram 45,360 45,360 0
10 Gram 56,700 56,700 0
100 Gram 5,67,000 5,67,000 0

Also Read | Gold Rate Today 19 November 2023, Gold Prices in India 22 & 24 Carat

Gold Price Today Ludhiana 19 November 2023 24 carat gold price (INR)

Gram24 K Today24 K YesterdayPrice Change
1 Gram 6,184 6,179 5 ▲
8 Gram 49,472 49,432 40 ▲
10 Gram 61,840 61,790 50 ▲
100 Gram 6,18,400 6,17,900 500 ▲

Also Read | Gold Rate Today 19 November 2023, Gold Prices in India 22 & 24 Carat

Gold Price Today Ludhiana 19 November 2023 18 carat gold price (INR)

Gram18 K Today18 K YesterdayPrice Change
1 Gram 4,639 4,639 0
8 Gram 37,112 37,112 0
10 Gram 46,390 46,390 0
100 Gram 4,63,900 4,63,900 0

Also Read | Gold Rate Today 19 November 2023, Gold Prices in India 22 & 24 Carat

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

Date22 K Gold24 k gold
Nov 19, 2023 56,700 ( ~ ) 61,840 (50▲)
Nov 18, 2023 56,700 ( ~ ) 61,790 (50▼)
Nov 17, 2023 56,700 (600▲) 61,840 (650▲)
Nov 16, 2023 56,100 ( ~ ) 61,190 ( ~ )
Nov 15, 2023 56,100 (400▲) 61,190 (440▲)
Nov 14, 2023 55,700 (100▲) 60,750 (110▲)
Nov 13, 2023 55,600 (90▼) 60,640 (50▼)
Nov 12, 2023 55,690 (10▼) 60,690 (60▼)
Nov 11, 2023 55,700 (450▼) 60,750 (490▼)
Nov 10, 2023 56,150 (300▲) 61,240 (330▲)
Nov 9, 2023 55,850 (400▼) 60,910 (440▼)

Also Read | Gold Rate Today 19 November 2023, Gold Prices in India 22 & 24 Carat

Understanding Gold Rates

 Gold rates are not arbitrary figures, they are determined by a multitude of factors. It’s essential to grasp the key elements that affect gold prices.

Factors Influencing Gold Prices

  • International Economic Conditions: The global economic climate plays a significant role in determining gold rates. In times of economic uncertainty, gold often becomes a safe-haven asset.
  • Currency Exchange Rates: A weak local currency can drive up gold prices, as it takes more of it to buy the same amount of gold.
  • Interest Rates: When interest rates rise, gold prices tend to fall, as it becomes less attractive compared to interest-bearing assets.

Gold Price Today in Ludhiana

Historical Perspective

To understand the gold rates today, it’s helpful to look at the past. Ludhiana has a rich history of trading and dealing in gold. Over the years, gold rates have witnessed fluctuations, reflecting both global and local conditions.

Factors Affecting Gold Rates in Ludhiana

International Factors

Gold rates in Ludhiana are directly impacted by international events. Economic crises, geopolitical tensions, and inflation rates worldwide have a bearing on gold prices in the city.

Local Factors

Local demand for gold, availability of gold reserves, and local festivals also play a crucial role in determining the gold rates. For instance, during festive seasons, demand rises, often leading to an increase in prices.

How to Check Gold Rates in Ludhiana

It’s crucial for the residents of Ludhiana to stay updated on the city’s gold rates, whether you’re a buyer or an investor. There are various ways to check gold rates in the city.

Online Sources

Several websites and apps provide real-time updates on gold rates in Ludhiana. This information is easily accessible and can help you make informed decisions.

Local Jewelry Shops

Visiting local jewelry shops is another way to know the current gold rates. Shopkeepers are usually well-informed about the daily fluctuations.

Tips for Buying Gold in Ludhiana

When purchasing gold in Ludhiana, there are a few essential tips to keep in mind.

Authenticity

Always buy gold from reputable and trusted sources to ensure authenticity. Look for the hallmark certification that guarantees the purity of the gold.

Hallmark Certification

Hallmark certification is an assurance of gold’s purity and quality. It is advisable to buy only hallmarked gold to avoid any potential issues.

Investing in Gold in Ludhiana

Gold serves not only as jewelry but also as an investment. Here are some popular ways to invest in gold in Ludhiana.

Gold Jewelry

Many people in Ludhiana invest in gold jewelry, as it combines adornment with financial security.

Gold Coins and Bars

Investing in physical gold in the form of coins and bars is another option. It’s a tangible and secure way to hold your investment.

Conclusion

In Ludhiana, gold is more than just a metal; it’s a part of the culture. Understanding gold rates is essential, whether you are buying for a special occasion or considering it as an investment. By keeping an eye on the factors influencing gold rates and following our tips, you can make informed decisions and enjoy the timeless beauty of this precious metal.