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Today Gold Rate in Ahmedabad: May 2022

24 and 22 Carat Gold Price in Ahmedabad

Last Updated 22nd May 2022

The gold price in Ahmedabad for 22-carat gold is ₹ 46,300 and for 24-carat gold is ₹ 50,500.

Gold Price 24 Carat Gold – ₹ per 10 grams 22 Carat Gold – ₹ per 10 grams
Today 50,500 46,300
Yesterday Gold Rate ₹ 50,500 ₹ 46,300
Gold Rate Ahmedabad May 2022
Highest Rate 52,850 48,450
Lowest Rate 50,500 46,300
Average Rate 51,378 47,117
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Today Gold Price Ahmedabad

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Gold Price Today in Ahmedabad

Gold holds a special place in Indian households due to the fact that it is both auspicious when it comes to cultural connotations but also holds a great investment portfolio. Thereby it is largely consumed across the country, including Ahmedabad. No matter what the situation of the economy is, gold consumption never stops and thereby is important to be informed of the changing gold rates in Ahmedabad. The gold rates in Ahmedabad are dependent on various factors such as inflation, demand and supply of gold, international relations or rupee-dollar equation. The gold price in Ahmedabad today is ₹ 46,300 for 22-carat gold, whereas for 24-carat gold it is ₹ 50,500.

Historical Price of Gold Rate in Ahmedabad

24 Carat Gold Price in Ahmedabad 2022

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
May 2022
50,500 52,850
April 2022
49,520 54,430
March 2022
50,900 54,380
February 2022
49,070 51,500
January 2022
48,600 49,950

24 Carat Gold Price in Ahmedabad 2021

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
December 2021
49,070 49,960
November 2021
48,870 50,700
October 2021
47,400 50,160
September 2021
46,980 48,800
August 2021
47,780 49,500
July 2021
48,500 49,760
June 2021
48,250 50,740
May 2021
48,320 50,400
April 2021
46,000 49,850
March 2021
45,690 47,550
February 2021
47,090 51,600
January 2021
50,150 52,580

22 Carat Gold Price in Ahmedabad 2022

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
May 2022 46,300 48,450
April 2022 47,880 49,900
March 2022 46,650 49,850
February 2022 45,000 47,200
January 2022 45,000 47,160

22 Carat Gold Price in Ahmedabad 2021

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
December 2021 45,780 47,200
November 2021 45,770 47,750
October 2021 44,280 46,180
September 2021 43,980 46,800
August 2021 45,850 47,500
July 2021 46,500 47,750
June 2021 46,250 48,700
May 2021 46,320 48,400
April 2021 44,150 47,350
March 2021 43,850 45,550
February 2021 45,190 48,500
January 2021 48,150 50,580

From where to buy gold jewellery in Ahmedabad

When buying gold in Ahmedabad, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Ahmedabad for buying gold jewellery are Amidhara Jewellers, Alite Ornatto (exclusive jewellery showroom), Chokshi Hiralal Maganlal Jewellers, Ashirwad Jewellers, Manibhadra Jewellers, SP Jewellers and Patel Jewellers. Other large Stores that sell certified and hallmark jewellery in Ahmedabad are Bhagwati Jewellers, Geet Jewels, Dharamaraj Jewellers and Pooja Diamonds.

List of banks providing gold loan in Ahmedabad

Customers who own gold jewellery can always approach a bank or a gold loan company to get a loan against jewellery to meet any urgent personal or business expense. Some of the large banks and gold loan NBFCs in Ahmedabad that provide loan against gold jewellery are:

About Ahmedabad

Investment in gold has always been a major investment in India, holding a certain fascination for the citizens. Ahmedabad, one of the biggest city of Gujarat, with the population of more than 5.5 million. Investments in gold in Ahmedabad forms a major market. The gold rates in Ahmedabad, are based upon the availability and according to the conditions prevalent in the market.

FAQs

What is the gold price in Ahmedabad for 916 hallmark gold?

The gold price in Ahmedabad for 916 hallmark gold is ₹ 46,300. The 916 KDM gold price is same as 22-carat hallmark gold.

What is the price of 1 gram gold in Ahmedabad today?

The price of 1 gm gold in Ahmedabad today is ₹ 5,050 for 24 carats of gold and ₹ 46,300 for 22 carats gold. 

What is the rate of 23-carat gold in Ahmedabad?

The rate of hallmark gold of 23-carat in Ahmedabad is ₹ 50,500.

How is today’s gold rate in Ahmedabad 916 determined?

The gold rates in Ahmedabad is determined based on various factors such as the interest rates in the developed countries, demand for gold wherein a lower demand for gold leads to low prices and higher demand leads to high prices. Further, the gold price in Ahmedabad is also affected by Government policies related to tariffs on gold, and the tariffs charged by the Local Governments.

What is the important checklist for buying gold in Ahmedabad?

Checklist for buying gold in Ahmedabad involves being mindful of the following things:

  • Check the gold price per gram: Checking out the gold price per gram is important, as you won’t end up paying more than the actual price. However, check the price from an authentic and reliable source.
  • Know about different purity levels: Before buying gold, it is important that the gold buyer is aware of different purity levels in gold, such as 24 carats or 100% gold, and 22 carats or 91.6% gold. Research about the purity level and pre deicide the level you wish to for based on factors like price and usage of gold.
  • Ensure certification: Ensuring the certification of gold is the most important aspect to check the quality and purity of gold. Ensure that you buy hallmark gold or the gold with the BIS mark.
  • Be aware of the buy-back terms: Lastly, be aware of the lender’s buy-back policy that is the terms on the exchange of gold years later. Know whether the seller will obtain the gold at the same price or whether any cost-cutting is involved.
  • Collect bill: Most importantly, after buying the gold, do not forget to collect a bill form the seller. Collecting the bill will allow you to take actions if the gold is impure or lacks in quality as promised by the seller.

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