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Today Gold Rate in Indore: Aug 2022

24 and 22 Carat Gold Price in Indore

Last Updated 10th Aug 2022

The gold price in Indore for 22-carat gold is ₹ 47,260 and for 24-carat gold is ₹ 49,650.

Gold Price 24 Carat Gold – ₹ per 10 grams 22 Carat Gold – ₹ per 10 grams
Today 49,650 47,260
Yesterday Gold Rate ₹ 49,650 ₹ 47,260
Gold Rate Indore Aug 2022
Highest Rate 0 0
Lowest Rate 0 0
Average Rate 0 0
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Today Gold Price Indore

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Gold Price Today in Indore

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 Indore. 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 Indore. The gold rates in Indore are dependent on various factors such as inflation, demand and supply of gold, international relations or rupee-dollar equation. The gold price in Indore today is ₹ 47,260 for 22-carat gold, whereas for 24-carat gold it is ₹ 49,650.

Historical Price of Gold Rate in Indore

24 Carat Gold Price in Indore 2022

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
May 2022
49,650 52,070
April 2022
50,920 53,320
March 2022
50,180 61,880
February 2022
48,400 50,970
January 2022
46,740 49,290

24 Carat Gold Price in Indore 2021

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
December 2021
47,960 49,250
November 2021
48,050 49,760
October 2021
46,250 48,600
September 2021
44,450 48,010
August 2021
46,770 48,560
July 2021
47,530 48,830
June 2021
47,320 49,970
May 2021
47,210 49,780
April 2021
44,660 48,520
March 2021
44,630 46,650
February 2021
46,440 49,880
January 2021
49,290 52,100

22 Carat Gold Price in Indore 2022

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
May 2022 47,250 49,580
April 2022 48,510 50,750
March 2022 47,810 58,890
February 2022 46,110 48,590
January 2022 45,710 46,990

22 Carat Gold Price in Indore 2021

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
December 2021 45,670 46,930
November 2021 45,770 47,380
October 2021 44,600 46,280
September 2021 44,400 45,730
August 2021 44,540 46,250
July 2021 45,300 46,490
June 2021 45,040 47,570
May 2021 44,940 47,400
April 2021 42,560 46,200
March 2021 42,520 44,460
February 2021 44,170 47,540
January 2021 46,920 49,620

From where to buy gold jewellery in Indore

When buying gold in Indore, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Indore for buying gold jewellery are . Other large Stores that sell certified and hallmark jewellery in Indore are .

List of banks providing gold loan in Indore

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 Indore that provide loan against gold jewellery are:

FAQs

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

The gold price in Indore for 916 hallmark gold is ₹ 47,260. The 916 KDM gold price is same as 22-carat hallmark gold.

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

The price of 1 gm gold in Indore today is ₹ 4,965 for 24 carats of gold and ₹ 47,260 for 22 carats gold. 

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

The rate of hallmark gold of 23-carat in Indore is ₹ 49,650.

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

The gold rates in Indore 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 Indore 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 Indore?

Checklist for buying gold in Indore 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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