Today Gold Rates In Haryana
|
22-carat gold Rate ₹4205 (Per Gram) |
24-carat gold Rate ₹4497 (Per Gram) |
Gold Rate In Haryana
Haryana is one of the world’s largest gold users, with gold being used mostly for jewelry and investment. Unlike other countries that use gold for industrial purposes, Haryana primarily uses gold as a form of investment as the gold rate in Haryana is affordable by many.
Gold is widely regarded as a relatively safe investment, especially during economic or political turmoil. During relatively stable times, the price of gold is relatively steady, although it fluctuates during times of crisis.
22 Carat & 24 Carat Gold Rate In Haryana Per Gram (INR)
| Gold Rate Today | Gold Rate Yesterday |
Gold Rate Change(%)
|
|
| 22 Carat | 4197 | 4196 | 0.02% |
| 24 Carat | 4,489 | 4,488 | 0.02% |
Today 24 Carat Gold Rate In Haryana (INR)
| GRAM | 24 Carat Gold Yesterday | 24 Carat Gold Today | Daily Price |
| 1 gram | 4488 | 4489 | 0.02% |
| 8 gram | 35,904 | 35,912 | 0.02% |
| 10 gram | 44,880 | 44,890 | 0.02% |
| 100 gram | 4,488,000 | 4,489,000 | 0.02% |
Today 22 Carat Gold Rate In Haryana (INR)
| GRAM | 22 Carat Gold Yesterday | 22 Carat Gold Today | Daily Price |
| 1 gram | 4196 | 4197 | 0.02% |
| 8 gram | 33,568 | 33,576 | 0.02% |
| 10 gram | 41,960 | 41,970 | 0.02% |
| 100 gram | 4,196,000 | 4,197,000 | 0.02% |
22 & 24 Carat Gold Rate In Haryana for Last 90 Days
|
Date
|
Standard Gold – 22 K | Pure Gold – 24 K | ||
| 1 gram | 8 grams | 1 gram | 8 grams | |
| 2021-03-13 | 4,197 | 33,576 | 4,489 | 35,912 |
| 2021-03-12 | 4,196 | 33,568 | 4,488 | 35,904 |
| 2021-03-11 | 4,196 | 33,568 | 4,488 | 35,904 |
| 2021-03-10 | 4,189 | 33,512 | 4,480 | 35,840 |
| 2021-03-09 | 4,129 | 33,032 | 4,416 | 35,328 |
| 2021-03-08 | 4,169 | 33,352 | 4,459 | 35,672 |
| 2021-03-07 | 4,169 | 33,352 | 4,459 | 35,672 |
| 2021-03-06 | 4,162 | 33,296 | 4,451 | 35,608 |
| 2021-03-05 | 4,141 | 33,128 | 4,429 | 35,432 |
| 2021-03-04 | 4,203 | 33,624 | 4,495 | 35,960 |
| 2021-03-03 | 4,259 | 34,072 | 4,555 | 36,440 |
| 2021-03-02 | 4,231 | 33,848 | 4,526 | 36,208 |
| 2021-03-01 | 4,276 | 34,208 | 4,573 | 36,584 |
| 2021-02-28 | 4,276 | 34,208 | 4,573 | 36,584 |
| 2021-02-27 | 4,274 | 34,192 | 4,571 | 36,568 |
| 2021-02-26 | 4,341 | 34,728 | 4,643 | 37,144 |
| 2021-02-25 | 4,356 | 34,848 | 4,659 | 37,272 |
| 2021-02-24 | 4,374 | 34,992 | 4,678 | 37,424 |
| 2021-02-23 | 4,388 | 35,104 | 4,693 | 37,544 |
| 2021-02-22 | 4,336 | 34,688 | 4,637 | 37,096 |
| 2021-02-21 | 4,334 | 34,672 | 4,635 | 37,080 |
| 2021-02-20 | 4,327 | 34,616 | 4,628 | 37,024 |
| 2021-02-19 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-18 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-17 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-16 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-15 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-14 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-13 | 4,431 | 35,448 | 4,739 | 37,912 |
| 2021-02-12 | 4,445 | 35,560 | 4,754 | 38,032 |
| 2021-02-11 | 4,494 | 35,952 | 4,806 | 38,448 |
| 2021-02-10 | 4,479 | 35,832 | 4,790 | 38,320 |
| 2021-02-09 | 4,474 | 35,792 | 4,785 | 38,280 |
| 2021-02-08 | 4,423 | 35,384 | 4,730 | 37,840 |
| 2021-02-07 | 4,419 | 35,352 | 4,726 | 37,808 |
| 2021-02-06 | 4,416 | 35,328 | 4,723 | 37,784 |
| 2021-02-05 | 4,380 | 35,040 | 4,684 | 37,472 |
| 2021-02-04 | 4,473 | 35,784 | 4,784 | 38,272 |
| 2021-02-03 | 4,484 | 35,872 | 4,796 | 38,368 |
| 2021-02-02 | 4,559 | 36,472 | 4,876 | 39,008 |
| 2021-02-01 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-31 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-30 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-29 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-28 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-27 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-26 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-25 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-24 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-23 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-22 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-21 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-20 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-19 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-18 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-17 | 4,476 | 35,808 | 4,788 | 38,304 |
| 2021-01-16 | 4,481 | 35,848 | 4,792 | 38,336 |
| 2021-01-15 | 4,527 | 36,216 | 4,841 | 38,728 |
| 2021-01-14 | 4,539 | 36,312 | 4,855 | 38,840 |
| 2021-01-13 | 4,530 | 36,240 | 4,845 | 38,760 |
| 2021-01-12 | 4,546 | 36,368 | 4,862 | 38,896 |
| 2021-01-11 | 4,544 | 36,352 | 4,860 | 38,880 |
| 2021-01-10 | 4,544 | 36,352 | 4,860 | 38,880 |
| 2021-01-09 | 4,522 | 36,176 | 4,836 | 38,688 |
| 2021-01-08 | 4,715 | 37,720 | 5,043 | 40,344 |
| 2021-01-07 | 4,679 | 37,432 | 5,005 | 40,040 |
| 2021-01-06 | 4,781 | 38,248 | 5,113 | 40,904 |
| 2021-01-05 | 4,752 | 38,016 | 5,082 | 40,656 |
| 2021-01-04 | 4,647 | 37,176 | 4,970 | 39,760 |
| 2021-01-03 | 4,647 | 37,176 | 4,970 | 39,760 |
| 2021-01-02 | 4,647 | 37,176 | 4,970 | 39,760 |
| 2021-01-01 | 4,633 | 37,064 | 4,955 | 39,640 |
| 2020-12-31 | 4,636 | 37,088 | 4,958 | 39,664 |
| 2020-12-30 | 4,619 | 36,952 | 4,940 | 39,520 |
| 2020-12-29 | 4,621 | 36,968 | 4,942 | 39,536 |
| 2020-12-28 | 4,617 | 36,936 | 4,938 | 39,504 |
| 2020-12-27 | 4,614 | 36,912 | 4,935 | 39,480 |
| 2020-12-26 | 4,614 | 36,912 | 4,935 | 39,480 |
| 2020-12-25 | 4,629 | 37,032 | 4,951 | 39,608 |
| 2020-12-24 | 4,631 | 37,048 | 4,952 | 39,616 |
| 2020-12-23 | 4,612 | 36,896 | 4,932 | 39,456 |
| 2020-12-22 | 4,649 | 37,192 | 4,972 | 39,776 |
| 2020-12-21 | 4,638 | 37,104 | 4,960 | 39,680 |
| 2020-12-20 | 4,638 | 37,104 | 4,960 | 39,680 |
| 2020-12-19 | 4,636 | 37,088 | 4,958 | 39,664 |
| 2020-12-18 | 4,639 | 37,112 | 4,961 | 39,688 |
| 2020-12-17 | 4,576 | 36,608 | 4,895 | 39,160 |
| 2020-12-16 | 4,558 | 36,464 | 4,875 | 39,000 |
| 2020-12-15 | 4,507 | 36,056 | 4,820 | 38,560 |
| 2020-12-14 | 4,543 | 36,344 | 4,859 | 38,872 |
How To Invest In Gold
In Haryana, gold is predominantly bought as a relatively safe investment that has historically appreciated significantly. Despite the fact that Indians invest heavily in other investment channels such as real estate, gold continues to be a significant part of their portfolio. Gold is commonly invested in Haryana in the form of coins, bars, and jewelry according to the gold rate in Haryana. New sources of gold trading have appeared in recent years, supplying investors with new ways to trade gold. Investors can now purchase gold-related stocks and mutual funds.
In Haryana, buying gold jewelry is still the most common way to invest in gold. Gold is traditionally purchased by people of all economic classes on festive and auspicious occasions because it has a long history of being a safe and simple investment as the gold rate in Haryana is quite affordable.
The only disadvantage to buying gold jewelry is that you would have to pay for production costs, which could add another 10% to the cost. Furthermore, because the popularity of styles and fashion changes over time, the price you receive for your jewelry may not be the same when you sell it. If you sell the jewelry to a jeweler other than the one where you purchased it, you will incur extra costs.
Although purchasing gold jewelry for immediate use is a viable choice, there are other more convenient and cost-effective alternatives available now if you plan to keep it as a long-term investment.
For example, ETFs (Exchange Traded Funds) are simple financial instruments that combine the flexibility of a stock investment with the simplicity of gold investment. The following are some of the more common ways to invest in gold in Haryana:
Gold coins, gold biscuits, and gold bars are all available:
Another way to invest in gold is to buy gold coins, biscuits, or bars. You can get coins in a variety of weights to fit different budgets. Coins may be purchased from a bank or a reputable jewelry store. Bear in mind, though, that banks only sell gold coins and do not buy them back, so you’ll have to sell them to a jeweler.
ETFs for gold:
Newer ways of investment, such as ETFs, gold mutual funds, and derivatives, are gradually displacing traditional forms of gold investing, such as buying jewelry.
Individuals in Haryana who want to invest in gold can buy ETFs (ETFs). Gold ETF investments can now be made online, revolutionizing the way gold is purchased and giving Haryana gold investments a whole new dimension. One gram of gold is equal to one ETF unit. They are becoming more common as they provide a number of benefits over purchasing actual gold such as jewelry or coins.
1. Since ETFs are exchanged on a stock exchange, they are easy to buy and sell and have no liquidity problems.
2. If you retain it for more than a year, you might be eligible for tax benefits.
3. Since the ETFs are kept in a Demat account, you don’t have to worry about the gold asset’s physical protection or storage problems. Since ETFs are kept in electronic form, there is no risk of theft. You avoid a lot of the headaches and concerns that come with purchasing actual gold, such as jewelry.
However, trading in ETFs on your trading account comes at an expense, which is typically a percentage of the investment. You may be fined for keeping the gold in the bank vault as well. The majority of investors in gold ETFs do so because of the instrument’s high liquidity and ease of use. Keep in mind, however, that in order to trade gold stocks, you’ll need a risk appetite as well as experience with gold as a commodity and capital markets in general. Gold prices, like all other commodity prices, rise and fall for a number of reasons, necessitating continuous attention, disciplined market analysis, and the ability to analyze pricing details.
Derivatives and gold mutual funds
There are a number of other gold investment options. You may invest in gold-related mutual funds, such as a fund of funds, which hold units of other gold-related funds (FOF). Alternatively, you can put your money into a fund that holds investments in gold companies that are publicly listed on stock exchanges around the world. Another choice is to engage in derivatives trading. You would, however, need to open an account with a commodities broker and pay trading fees. Trading derivatives is a high-risk venture.
How To Buy Gold
Given the numerous choices available, purchasing gold isn’t rocket science, but there are a few sensible approaches. Investing in gold can be a costly investment depending on the gold rate in Haryana, so bear the following considerations in mind before parting with your hard-earned cash.
Research on gold prices:
Gold prices fluctuate on a regular basis, so it’s important to keep track of market trends and keep up with the latest news. This will assist you in making the best and most educated purchase or sale decision possible.
Choose the kind of gold you want to purchase:
Gold is available in a variety of types, including bars, coins, gold stocks, and jewelry. Each type has its own set of benefits and drawbacks. If you plan to sell the gold at a later date, jewelry might not be the best choice, and you should look into other gold investment options.
Ensure Certification:
The most critical thing to remember when investing in gold is its certification. Only Assaying and Hallmarking Centres may certify the purity of gold; jewelers are not allowed to do so. At these Assaying Centres, only BIS (Bureau of Indian Standards)-licensed jewelers can have their jewelry accredited. A hallmark does not necessarily signify 24K purity; it may also mean 21K, 18K, or even 14K purity.
Purchase via the internet:
Today, there is a slew of online gold sellers. Although shopping online is easy and the gold rate in Haryana is economical, you must be very careful to purchase only from reputable approved sellers because there is a lot of space for adulteration and cheating.
How To Buy Gold Coins In Haryana
In Haryana, gold coins are frequently given as gifts on auspicious occasions. It’s also a good investment because gold coins come in different weights, allowing investors to choose according to their budget as the gold rate in Haryana is easily accessible. A wide range of jewelers and banks sell gold coins. Gold coins can also be bought online, but purchasing from someone who isn’t a licensed jeweler or seller can be dangerous. Make sure you get a purity certificate when you buy a gold coin. Banks are allowed to sell gold coins but not to trade in them, so you may not be able to sell them back to them.
How To Buy Gold Bars
The most important thing to consider when buying gold is to monitor the current gold rate in Haryana. Banks and large jewelers can sell gold bars, which are typically owned by serious investors. These bars typically weigh between 500 grams and one kilogram.
How To Sell Gold
Gold is always in demand in Haryana due to the gold rate in Haryana, making it a highly liquid commodity. Most jewelers and pawn shops will buy gold, so selling it is not difficult. However, bear in mind that intricately crafted jewelry can sell for less than you think, as jewelers only pay for the weight of gold, not the design. While many jewelers and pawn shops are willing to buy gold at market prices, some jewelers will pay less than the market price.
Before making a decision, it’s a good idea to get quotes from a few different buyers and cross-check them with the current gold rate in Haryana. You must be aware of the current gold rate in Haryana as well as the weight of the gold you want to sell in order to obtain the best possible price.
It’s always a good idea to sell gold coins and gold bars rather than jewelry because jewelers would give you a better price for them. If you don’t want to sell your jewelry but need money, you can always take out a gold loan against it if you have an emergency. Banks and other non-bank financial institutions (NBFCs) offer competitive interest rates on gold loans. Since your gold is used as collateral, there is very little paperwork needed, and the loan approval and disbursement processes are both simple.
How Much Is Gold Worth
Gold is one of the rare metals that will never lose its value as seen in the gold rate in Haryana. However, predicting the price of gold and whether or not it will continue to appreciate as a commodity is unlikely. While gold prices fluctuate constantly, they have historically shown an upward trend.
Factors Affecting Gold Rates In Haryana
Some of the major factors that influence the gold rate in Haryana are described below.
The US Dollar’s Value:
In Haryana, a powerful US dollar means lower gold prices as investors prefer to invest in the currency rather than the metal. Banks, on the other hand, prefer to invest in gold rather than the depreciating dollar when the dollar falls in value. This measure is being taken to guard against any possible risks. The price of gold rises as a result of the increased demand. Investors change their portfolios from gold to the US dollar as the US dollar strengthens. As the demand for gold decreases, the price of gold decreases as well.
Costs of importation:
Haryana imports a significant portion of its gold, so import rates have an effect on gold prices within the state. Since gold is traded in US dollars, a stronger dollar makes it more costly to purchase gold.
Rates of interest on fixed deposits:
A fixed deposit is the most common form of investment for many millions of Indians. Gold is close behind in second place. Investors turn to gold as an alternative investment when interest rates on savings accounts fall. Gold’s price increases as demand rises which can be observed in the gold rate in Haryana.
Stability in the economy:
Since gold is regarded as a stable commodity, its price continues to rise during periods of economic crisis and can be observed at times in the gold rate in Haryana. Investors are shifting their funds from riskier investment sources to gold. Gold also has a high degree of liquidity and is held in high regard during periods of turmoil.
Seasonal price:
Gold demand in Haryana continues to grow during auspicious festivals, wedding seasons, and other occasions, resulting in a higher gold rate in Haryana.
Inflation:
During times of inflation, the price of gold continues to rise. This spiraling trend raises the price of gold, which is purchased as a hedge against inflation.
Supply and demand:
Haryana is experiencing a supply shortage as domestic gold output has been drastically reduced. To satisfy the ever-increasing demand, gold is produced in large quantities. Similarly, when there is a global supply shortage of gold, the gold rate in Haryana rises.
Costs of mining and production:
Gold mining necessitates a high level of energy consumption per gram of gold produced, which is factored into the price. Due to rising production costs, the gold price is also subject to rises by mining firms. This can be seen in the cost of importing gold into Haryana that is reflected in the gold rate in Haryana.
Prices in other countries:
When gold prices rise on the international market, so does the gold rate in Haryana. When central banks purchase gold as a hedge against inflation, for example, the price of gold continues to rise globally.
It’s also worth noting that the gold rate in Haryana can vary significantly between cities. The following are the key reasons for variations in domestic gold prices:
Price of transportation:
Haryana’s gold is largely imported. Port cities like Mumbai and Chennai have slightly lower prices than cities farther away from the port due to the expense of transportation of the precious metal which adds on to the gold rate in Haryana.
State and local taxes:
Different cities in Haryana levy different taxes, resulting in price disparities between them.
The volume of demand in different cities:
Haryana is a large state with a diverse population and demographic. Gold is more expensive in rural areas with sparse populations than in densely populated areas with lower rates. Large cities with high demand share large amounts of gold, resulting in slightly lower prices.
Measurement Of Gold
Gold is measured in troy ounces or grams (1 troy ounce = 31.1034768 grams).
What is a Karat?
The purity of gold is measured in karats. To put it another way, it is a test of fineness or purity. It’s the proportion of gold in a copper alloy. Pure gold is too fragile to be used in jewelry or other uses without being alloyed with another element.
24K gold, also known as 24 Karat gold, is pure gold. The fineness scale used to determine the purity of gold is as follows:
- The purity of 24 K is 99.9%.
- 91.3 percent pure = 22 K
- 18 K equates to 75% purity.
- 58.5 percent pure = 14 K
- The purity of 10 K is 41.7 percent.
FAQs on the Gold Rate In Haryana
✅ What is Digital Gold?
Digital gold is a method of investing in physical gold that allows customers to acquire gold in their virtual wallet through various digital channels such as banks, brokers, and fintech firms.
✅ How to Check the Purity of Gold in Haryana
Check the purity of the gold you’re buying to make sure you get the best deal when it’s time to sell. The BSI certifies the purity of gold used in ornaments by hallmarking.
✅ What do we mean by 916 hallmark gold?
916 gold is 22 K gold, which has a purity of 91.6 grams per 100 grams of gold. The gold jewelry you’re buying is 916 hallmark gold or BIS 916 gold, which means it’s been approved by BIS for the purity standard you’re looking for.
✅Why is pure gold not suitable to make gold jewellery?
24K gold is too fragile to be used in jewelry, but it is widely used in coins and bars since it has a higher value than 22K and 18K coins. As a result, most jewelers produce gold jewelry out of 22K or 18K gold, which is more durable.
