Gold Rate in Akola

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Today’s Gold Rate in India
22 Karat
45,690Per 10g of 22k Gold

Today 24 Carat Gold Price in Akola – Updated 

Gram 24 Carat Gold Today 24 Carat Gold Yesterday
Daily Price Change
1 gram ₹4,786 ₹4,787 ₹ -1
8 gram ₹38,288 ₹38,296 ₹ -8
10 gram ₹47,860 ₹47,870 ₹ -10
100 gram ₹4,78,600 ₹4,78,700 ₹ -100

Today 22 Carat Gold Price in Akola – Updated 

Gram 22 Carat Gold Today 22 Carat Gold Yesterday Daily Price Change
1 gram ₹4,686 ₹4,687 ₹ -1
8 gram ₹37,488 ₹37,496 ₹ -8
10 gram ₹46,860 ₹46,870 ₹ -10
100 gram ₹4,68,600 ₹4,68,700 ₹ -100

Today Gold Rate In Akola :

Gold Rate in AkolaGold Rates are varying these days. The Gold Rates for 22 karat Gold is 4242, and for 24 karat Gold, the Gold Rates is 4121. The Gold Rates are different based on the Purity of the Gold too. You can avail various benefits by investing in Gold. People invest in Gold as there are more profits in Gold. And the gold rate in Akola is based on various factors like the Purity of the Gold. As you can see, if the Purity of the Gold is high, then the gold has a high Rate.

Compare 22k & 24k Gold Rate in Akola

Gold Today Yesterday Rate Change
Standard Gold (22 K) ( 1 gram ) ₹ 4,610 ₹ 4,560 ₹ 50 ↑
Standard Gold (22 K) ( 8 grams ) ₹ 36,880 ₹ 36,480 ₹ 400 ↑
Pure Gold (24 K) ( 1 gram ) ₹ 5,030 ₹ 4,976 ₹ 54 ↑
Pure Gold (24 K) ( 8 grams ) ₹ 40,240 ₹ 39,808 ₹ 432 ↑

Last 10 Days Gold Rates

Date
STANDARD GOLD 22K PURE GOLD 24K
1 GRAM 10 GRAM 1 GRAM 10 GRAM
24 July 2021 Rs. 4,686.00 Rs. 46,860 Rs. 4,786.00 Rs. 47,860
23 July 2021 Rs. 4,687.00 Rs. 46,870 Rs. 4,787.00 Rs. 47,870
22 July 2021 Rs. 4,690.00 Rs. 46,900 Rs. 4,790.00 Rs. 47,900
21 July 2021 Rs. 4,712.00 Rs. 47,120 Rs. 4,812.00 Rs. 48,120
20 July 2021 Rs. 4,730.00 Rs. 47,300 Rs. 4,830.00 Rs. 48,300
19 July 2021 Rs. 4,704.00 Rs. 47,040 Rs. 4,804.00 Rs. 48,040
18 July 2021 Rs. 4,719.00 Rs. 47,190 Rs. 4,819.00 Rs. 48,190
17 July 2021 Rs. 4,720.00 Rs. 47,200 Rs. 4,820.00 Rs. 48,200
16 July 2021 Rs. 4,735.00 Rs. 47,350 Rs. 4,835.00 Rs. 48,350
15 July 2021 Rs. 4,709.00 Rs. 47,090 Rs. 4,809.00 Rs. 48,090

 

Gold Rate in Akola

The Gold Rates are fluctuating a lot these days. These Gold Rates are based on various factors like the Purity of the Gold. The Purity of the Gold is between 20-24 karat Gold. If the Purity of the Gold is high, then the Gold Rates is high. Apart from the Purity of the Gold, the market value is also very important for the Gold Rates.

List of banks providing gold loan in Akola

Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min – Max Loan Amount
₹ 3,506 to ₹ 4,621 0.099 3 to 24 months ₹ 10 thousand to 5 crore
ICICI Gold Loan ₹ 3,506 to ₹ 4,621 0.1 6 to 12 months ₹ 10 thousand to 5 crore
₹ 3,506 to ₹ 4,621 0.12 7 days to 36 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1225 12 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1025 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1 3 to 36 months ₹ 10 thousand to 5 crore
SBI Gold Loan ₹ 3,506 to ₹ 4,621 0.0975 12 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.075 3 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 10 thousand to 5 crore
IIFL Gold Loan ₹ 3,506 to ₹ 4,621 0.12 11 months ₹ 3 thousand to 50 lakh

How are Gold Rates Decided?

Gold Rates are decided based on various factors. These factors include the Purity of the Gold, Market Value. Based on the Market Value, Gold Rates are decided. If the market value goes down, then the Gold Rates is low. In this way, you can use these Gold Rates. Apart from these, the Gold Rates are based on the Purity of the Gold. The Purity of the Gold may range from 20-24 karat Gold.

How do Gold Traders Determine Future Gold Prices in Akola?

Gold Traders determine the future of the gold rate in Akola by using some of the factors. These factors include the Rupee Value. The Rupee Value also plays a major role in the gold rate in Akola. The trends in the market also play a major role in the gold rate in Akola. Many People buy Gold as Gold Coins, Gold Ornaments and Gold Jewelry and Gold Bullions. These are some of the factors that affect the Gold Proces.

What Leads to the Increment of Gold Rates When the Stock Market Falls?

When Stock Market falls, then the Increment in Gold is based on the Investments in Gold. Investments in Gold is one of the most important factors. Many people invest in Gold as there are many profits in Gold. The Gold Rates are changing these days, and it increases and decreases sometimes. Even though Gold Rates decreases, you will not get so much less when compared with the Stock markets. Apart from the Stock Market and Fixed deposits, you can invest in Gold.

Impact of GST on Gold Rate in Akola

GST Rates are 2% for Gold Coins and Gold Bullions. Apart from the GST, the VAT and the Customs duty, and the Processing fee is also required. The Processing fee for the Gold Rates is 5%, and the Customs duty is 10%. These are some of the Gold Rates that affects the GST. The overall increase in the Gold Rates based on GST is 1.6%.

Impact of Central Bank Policies on Akola Gold Rate?

Buying and selling are some of the most important factors in the Gold Rates in Central Bank Policies. And apart from these, the Gold Rates are solely based on the Central Bank Policies. And the gold Rates are based on various factors like the Purity of the Gold and the Market Values. In this way, the Central Bank is used for Gold Rates.

Gold as an Investment in Akola

Investment in Gold is made by many people, and these Investments are based on various factors like the Purity of the Gold. As Purity is one of the most important factors, the Gold Rates are based on the Purity of the Gold. And apart from these, the Gold Rates are also based on the Market Value. If the Market Value is high, then the Gold Rates are high. In this way, Gold is used as an investment.

How Can You Make Gold Investments in Akola

You can make Gold as an investment by, Gold Coins, Gold Bullions, Gold Ornaments and Gold Jewellery. And the Gold Coins are based on the Purity of the Gold. The Purity of the Gold is based on the Gold Rates. Both are interrelated. The Gold Rates is high when the Gold Purity is between 20-24 karat Gold. Gold Bullions is one of the huge investments. These Gold Ornaments and Gold Jewellery are used for Gold investments. These are some of the Gold Investments you can make.

Gold Schemes To Invest in Akola

There are many Gold Schemes to invest in. These Golds Schemes are based on various factors. But before availing of Gold, You need to know various things like the Price of the Gold. The Price of Gold is changing these days. So you need to know the Gold Rates daily so that you can get the best Gold Rates. In this way, you can use the Gold Schemes to invest in.

Some Interesting Facts on Gold

Some of the interesting facts on Gold are:

  • Gold is Softer than Other metals.
  • Gold is ductile.
  • It becomes tough of alloying.
  • It may break 1g of valuable metal.

Things to Consider Before Buying Gold Jewelry in Akola

There are many things to consider before buying Gold Jewelry. These include the Gold Purity, Gold Weight, Gold Expenses and Gold Certifications. And Gold Purity is one of the most important things in Gold Jewelry. These include the Gold Purity of the 20-24 karat Gold. The Purity of the Gold is high; then the Gold Rates are high. But apart from these, the Gold weight is used for Gold Rates. And there are also many certifications in the Gold Purity. Then the Gold has many expenses apart from the Gold Rates.

Factors that Influence Gold Prices in Akola

The factors that influence the gold rate in Akola are Gold Purity, Market Value. Market Value plays a major role in Gold Prices. And apart from the Gold Prices, the Market Value also plays a major role. If the Market Value is high, then the Gold Prices is high. The Rupee Value also plays a major role in the Gold Prices.

KDM and Hallmarked Gold in Akola

KDM Jewelry has various things like Gold and other metals. The Gold is 92%, and the remaining is of the other metals. These are some of the things in the KDM. The Hallmarked Jewelry is based on various Purity of the Gold Prices. Purity plays a major role in Gold Prices.

Understanding 916 Gold Price Today in Akola

Gold Rate in Akola916 Gold is known as 22 karat Gold. The 22 Karat Gold is of 92% Purity. And understanding the 916 Gold is difficult. These are based on US Dollars. This is based on the various Purity of the Gold. The Purity of the Gold plays a major role in the Gold Rates.  In these Gold Rates, it depends on various factors. These factors include the Purity of the Gold and the Market Value. If the Market Value is high, then the gold rate in Akola is low. In this way, you can use these Gold Prices.

Best Place to Buy Gold in Akola]

You can buy Gold in Jewel Shops. Gold is used for various benefits. Before availing of Gold, you need to know various things like the Gold Rates.  As the Gold Rates are changing these days, you need to know the Gold Rates. Then only you can avail the best Gold with the Best Gold Rates.

Buying a Gold Loan in Akola

For availing Gold Loan, you need to use the Gold as security. The Gold Loan has a lot of benefits. The Interest rates for these Gold Loans are low, and you can avail the best repayment systems. The repayment systems are flexible, and you can avail the best Gold Loans by using the Gold.

What are the Advantages and Disadvantages of Sovereign Gold Bond Scheme

Advantages of Sovereign Gold Bond Scheme:

  • Demat and Paper form is used.
  • There are many benefits.
  • There are also many securities.
  • You can use it in paper and Electric form.

Disadvantages of Sovereign Gold Bond Scheme:

  • There will be no loss of investment in the Sovereign Gold Bond Scheme.
  • Investing in bonds might not work in these.

Gold Vs. Mutual Funds

MUTUAL FUNDS GOLD
Complicated
Less complicated
Greater market risk Involved
Based on global and few other factors it is easier to get a rough idea of the gold rates
Options to invest in Equity linked saving scheme (ELSS), Equity mutual funds, debt fund, liquid funds, etc.
Gold Funds and Gold ETFs
More opportunity cost
Less opportunity cost

Latest News on Gold Rate in Akola

The gold rate in Akola Declines by 0.35%. The gold rate in Akola is varying these days, and the Gold Rates are based on various factors like the Purity of the Gold. The Purity of the gold is used for the Gold Rates.

About Akola

Akola is located in Maharastra. And Akola is known as the Cotton City of India. It is famous for winters. Akola is one of the largest city in Maharashtra.

FAQs

What is the gold rate in Akola for 1 Gram of gold?

The gold rate in Akola for 1 Gram of gold is 4935 rupees.

What is the rate of 1 tola Gram Gold?

The rate of 1 tola Gram is 1567.

What is the gold rate in Akola for 24 Carat Golds?

For 24 carat Gold, the gold rate in Akola is 4424.

What is the gold rate in Akola for the 22 carat Golds?

The gold rate in Akola for the 22 carat Gold is 3214.

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