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Today Gold Rate in Kolkata: May 2022

24 and 22 Carat Gold Price in Kolkata

Last Updated 22nd May 2022

The gold price in Kolkata for 22-carat gold is ₹ 46,250 and for 24-carat gold is ₹ 50,450.

Gold Price 24 Carat Gold – ₹ per 10 grams 22 Carat Gold – ₹ per 10 grams
Today 50,450 46,250
Yesterday Gold Rate ₹ 50,450 ₹ 46,250
Gold Rate Kolkata May 2022
Highest Rate 52,790 48,390
Lowest Rate 50,450 46,250
Average Rate 51,389 47,106
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Today Gold Price Kolkata

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Gold Price Today in Kolkata

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 Kolkata. 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 Kolkata. The gold rates in Kolkata are dependent on various factors such as inflation, demand and supply of gold, international relations or rupee-dollar equation. The gold price in Kolkata today is ₹ 46,250 for 22-carat gold, whereas for 24-carat gold it is ₹ 50,450.

Historical Price of Gold Rate in Kolkata

24 Carat Gold Price in Kolkata 2022

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
May 2022
50,450 52,790
April 2022
52,140 54,380
March 2022
50,950 54,330
February 2022
48,980 51,550
January 2022
48,200 50,500

24 Carat Gold Price in Kolkata 2021

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
December 2021
49,550 50,650
November 2021
49,250 51,450
October 2021
48,550 50,100
September 2021
48,250 49,710
August 2021
47,700 50,250
July 2021
48,460 50,400
June 2021
48,800 51,450
May 2021
48,810 50,960
April 2021
46,990 50,010
March 2021
46,400 48,340
February 2021
48,150 50,780
January 2021
50,870 53,260

22 Carat Gold Price in Kolkata 2022

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
May 2022 46,250 48,390
April 2022 47,800 49,850
March 2022 46,700 49,800
February 2022 44,900 47,250
January 2022 44,900 47,800

22 Carat Gold Price in Kolkata 2021

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
December 2021 46,850 47,950
November 2021 46,550 48,750
October 2021 45,850 47,400
September 2021 45,550 47,010
August 2021 45,700 47,550
July 2021 46,340 47,700
June 2021 46,100 48,560
May 2021 45,800 48,380
April 2021 44,290 47,740
March 2021 43,680 45,460
February 2021 45,340 48,080
January 2021 48,170 50,560

From where to buy gold jewellery in Kolkata

When buying gold in Kolkata, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Kolkata for buying gold jewellery are Anjali Jewellers, Rupangan Jewellers, Bhaskar Das Jewellers, Navratan Jewellers and Sen Brother Jewellers. Other large Stores that sell certified and hallmark jewellery in Kolkata are Pearl Gem and Jewellery, Sukanya Jewellery House and PC Chandra Jewellers.

List of banks providing gold loan in Kolkata

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 Kolkata that provide loan against gold jewellery are:

About Kolkata

Gold is generally viewed as a safer investment opportunity and people in India keep their gold safe at home in the form of jewellery. Fluctuating gold rates have not deterred Kolkata residents from buying gold, ensuring that Kolkata accounts for a large percentage of gold transactions in India. Gold rate in Kolkata depends largely on the market fluctuations and its availability in the market. Gold buyers can opt for either 22 karat or 24 karat gold, depending on their need. 22 karat gold is about 92% pure and commands a lower rate than 24 karat gold, which is 99.99% pure.

FAQs

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

The gold price in Kolkata for 916 hallmark gold is ₹ 46,250. The 916 KDM gold price is same as 22-carat hallmark gold.

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

The price of 1 gm gold in Kolkata today is ₹ 5,045 for 24 carats of gold and ₹ 46,250 for 22 carats gold. 

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

The rate of hallmark gold of 23-carat in Kolkata is ₹ 50,450.

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

The gold rates in Kolkata 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 Kolkata 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 Kolkata?

Checklist for buying gold in Kolkata 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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