Gold Rate in Karimnagar

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

Today 24 Carat Gold Price in Karimnagar – 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 Karimnagar – 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 Karimnagar:

Gold Rate in KarimnagarEven though gold is a trendy item among Indians, the gold rate in Karimnagar has experienced slower growth in gold price than ever before. There has been a considerable demand for it, resulting in a continuous rise in the Karimnagar gold rate. Today’s gold rate in Karimnagar is more significant than Rs. 2,700 for one gram of gold, suggesting an industrial profit. International standards regulate the gold rates in Karimnagar.This city’s gold purchases primarily create jewellery and decorations, which is consistent with the national trend.

Gold has traditionally been used as a currency by Indians.  As a result, Karimnagar inhabitants can use gold as an investment. Aside from that, Karimnagar has various gold merchants that are the backbone of the local gold business.

Compare 22k & 24k Gold Rate in Karimnagar

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

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 Karimnagar

In Karimnagar and throughout India, gold is a popular commodity. Global trends influence the gold rate in Karimnagar. The gold rate in Karimnagar is highly volatile and are impacted by a wide range of factors, including the US dollar and seasonal demand in the country. Gold is predominantly acquired in Karimnagar as jewellery and decorations, matching the national trend.

List of banks providing gold loan in Karimnagar

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?

The Karimnagar gold rate is governed by world trends and is impacted by several factors, including the strength of the Indian rupee and seasonal demand for gold. Because gold jewellery is required on most Indian occasions, gold obtained in Karimnagar is mainly utilised for jewellery.

Today’s twenty-two-carat gold rate in Karimnagar has progressively climbed throughout 2017 and is on the rise. As a result, if you’re seeking a valuable investment, gold may be a wise option.

How do Gold Traders Determine Future Gold Prices in Karimnagar?

Several variables influence the current gold rate in Karimnagar. Many reasons contribute to price fluctuations. However, while forecasting the gold rate in Karimnagar, investors take a few factors into account:

  • Gold News: Every day, investors check the news for today’s gold rate in Karimnagar to see whether worldwide market movements have caused any price variations. The gold rates in Karimnagar change with the market.
  • Other Precious Metals Prices: The prices of other precious metals have an impact on Karimnagar gold rates. As a result, investors in the city keep an eye on the cost of various metals. One may see the current gold rate in Karimnagar and other places online.
  • Rupee Foreign Exchange Rate: The rupee exchange rate represents the effects of imports and exports on our currency. Hence movements in the rupee rate affect Gold Rate in Karimnagar. As a result, the exchange rate is crucial in influencing the Gold Rate in Karimnagar.

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

When Karimnagar investors have no other investment options, they frequently turn to gold. Investors begin to withdraw their cash as the stock market declines. Some investors store their money in fixed deposits or invest in precious metals such as gold and silver as a safe investment choice.

Investors throughout the world see gold as a secure and rewarding investment choice. Because gold’s value does not fall after a certain point, it is popular among investors. On the other hand, the stock market continues to vary, and the value of stocks changes due to several causes.

Impact of GST on Gold Rate in Karimnagar

The gold price has fluctuated substantially, especially since India implemented the Goods and Services Tax (GST). The adoption of GST, along with world trends, has influenced the gold rate in Karimnagar. This implies that the tax on gold jewellery is now 3%, in addition to the 1.5 per cent VAT and 1% excise fee that was previously charged. Taxation has been simplified with GST establishment; final jewellery bills now contain a 3% GST, a 10% customs levy, and a 5% processing charge.

Impact of Central Bank Policies on Karimnagar Gold Rate?

The central bank is in charge of regulating a country’s financial and banking services and implementing the government’s currency and monetary policies. The gold rate in Karimnagar, like the rest of the country, is regulated by the Central Bank’s monetary policy. The central bank regulates all policies, and its actions have a significant impact on gold prices. Gold mining corporations and institutions with large gold reserves also control gold prices.

When banks purchase or sell gold or when mine owners cut or increase gold output, gold prices in Karimnagar are likewise influenced. When the central bank’s gold reserves begin to diminish about its holdings, they purchase/demand additional gold. This, in turn, affects the gold rate in Karimnagar.

Gold as an Investment in Karimnagar

Gold Rate in KarimnagarThere are various jewellery stores in Karimnagar where you may buy genuine gold goods for investment or personal use. However, before making the buy, you should do some web research to learn about the gold rate in Karimnagar today so that you can make an informed selection. Because gold prices change regularly, you should double-check on that day as well. Make sure your merchant offers you a purity certificate for the jewellery you’ve purchased. This assures that your money has been invested safely.

One may only exchange certified jewellery at the current Gold Rate in Karimnagar. Nonetheless, all of the leading businesses provide their clients with the same service. It would help if you also were careful about purchasing it from a small business provider.

How Can You Make Gold Investments in Karimnagar

When it comes to investing in gold, you have many possibilities. You might choose to invest in gold coins or jewellery. A few gold investment ideas are shown below –

  • Why not put your money into gold coins? One can purchase a 22 karat gold coin or a 24 karat gold coin. The purity level varies, but 22-carat gold is 92 per cent pure, and 24 karat gold is 99.99 per cent pure. You can purchase straight from a bank or any of Karimnagar’s major or minor businesses or dealers. The purpose of buying a gold coin is to either offer it as a present at weddings or festivals or to sell it after the price has grown over the price you paid for it to suit your investment needs.
  • Purchasing Jewellery – People in India enjoy investing in gold ornaments and jewellery since they serve the dual function of investment and gifts for loved ones at festivals and marriages. The bride and groom are given a plethora of gold trinkets to wear on special occasions or save for later. The market gold rate is the actual price of the metal, and if you buy jewellery, the jeweller will charge you for producing or labour. Make sure you purchase certified jewellery so you can obtain the current exchange rate less any manufacturing fees.

Gold Schemes To Invest in Karimnagar

Gold saving programs are great for people wishing to save money for more significant celebrations such as weddings, anniversaries, or any other ceremony or celebration. There are various gold programs in Karimnagar that might help you buy gold. You may get them swiftly from some of Karimnagar’s best jewellers. However, the interest rate on these programs changes depending on the interest rate and the current gold rate in Karimnagar.

It is advised to invest in gold schemes to collect gold for future usage. Invest in any such approach for the aim of purchasing actual gold afterwards, not for financial objectives.

Some Interesting Facts on Gold

  • Gold is highly malleable. A single ounce of gold (about 28 grams) may be stretched into an 8-kilometre gold thread. The usage of gold threads can improve embroidery as well.
  • Gold is a valuable metal. When exposed to air, moisture, or acidic environments, it is generally inert and does not deteriorate. While acids dissolve most metals, gold is dissolved by a specific Aqua Regia combination.
  • Aside from its monetary and symbolic worth, gold has a wide range of applications. It’s employed in various industries, including electronics, electrical wiring, dentistry, medical, radiation shielding, and glass colouring.

Things to Consider Before Buying Gold Jewelry in Karimnagar

Several factors impact today’s gold rate in Karimnagar, and it’s crucial to remember the following advice whilst making a purchase:

  • Purity – When purchasing gold, you must examine its purity. If you want to buy jewellery or decorations, go for 22-carat gold, which has a purity rating of 92 per cent. If you want a gold coin or bullion, choose 24-carat gold with a purity rating of 99.99 per cent. You may also get 14 karat gold jewellery with a purity level of 58.33% and 18 karat gold ornaments with a purity level of 75%.
  • Weight – Its weight determines the price of gold jewellery. As additional stones are added, the weight and cost will grow. When you buy the rocks, be sure the dealer does not overcharge you by charging the same amount as gold.
  • Certification – If you wish to ensure the genuineness of the gold, ask the dealer for a purity certificate. This certificate gives you the option to switch to the current market price in the future.

Factors that Influence Gold Prices in Karimnagar

A variety of variables influences gold rate in Karimnagar. A few instances are shown below:

  • Global market changes are one of the most important elements influencing gold prices across the country. If gold prices rise globally, the price in Karimnagar will climb as well.
  • The rise in demand and supply during the festival season has an unmistakable impact on gold rate in Karimnagar and across the country. Especially around Diwali, weddings, and Dhanteras.
  • As the rupee’s value rises against other currencies, the price of gold lowers globally and vice versa. Gold is imported into India from foreign countries. When the rupee increases in value, the government must pay less to import it from other nations. If the rupee falls in value, the government is obligated to pay more. As a result, if the value of the rupee rises, the price of gold in Karimnagar will plummet.

KDM and Hallmarked Gold in Karimnagar

  • Hallmark – Hallmark jewellery is a quality assurance program based on the Bureau of Indian Standards (BIS). The alloying metal’s composition governs this kind of jewellery and the purity levels of the gold utilized.
  • KDM is made up of 92% gold and 8% cadmium. This is the process through which the alloy is formed. Older materials are still utilized in jewellery creation, but because the melting temperatures of gold and solder material differ, cadmium is now combined with gold, thus KDM.

Understanding 916 Gold Price Today in Karimnagar

The Indian name for 22 karat gold is 916 gold. Today’s gold rate in Karimnagar is determined by several factors, including the amount of import duty. The lower the import tariff, the lower the Karimnagar gold price, and vice versa. The cost of gold in Karimnagar reduces as the government lowers import duties.

Many additional variables, in addition to local expenses, influence the price of gold in Karimnagar. Although it is impossible to list all of the elements that influence Karimnagar gold prices in general, investors can invest in gold when the current Karimnagar gold interest rate is low.

When the gold interest rate in Karimnagar increases, investors might sell. However, the price of gold in Karimnagar swings a lot, and as different nations’ policies continue to shift, more volatility is predicted.

Best Place to Buy Gold in Karimnagar

Those wishing to acquire or invest in gold have several possibilities. Check out the current gold rate in Karimnagar online or in the newspaper before you go shopping. You may, however, buy the precious metal from any store that has the highest gold price in Karimnagar right now.

The current gold rate in Karimnagar varies depending on the manufacturing costs. If you’re lucky, your jeweller may also give you a discount, or you may be able to negotiate a decrease in the manufacturing charges.

Buying a Gold Loan in Karimnagar

You may easily arrange a gold loan against your gold holdings. Because you are purchasing it against your gold, the qualifications for obtaining a gold loan are not strict, which guarantees gold insurers.

However, be sure you have enough money to repay the loan. If you do not repay the gold insurance, the government can take the total sum. And you’d wind up losing the entire amount of gold you’d committed.

Typically, a gold loan is provided for 11 months. Gold loans are available from several gold insurance firms and banks. You can buy gold through a bank or an insurance company after evaluating gold loan rates in Karimnagar and throughout India.

What are the Advantages and Disadvantages of the Sovereign Gold Bond Scheme?

The Benefits of the Sovereign Gold Bond Scheme:

  • The Sovereign Gold Bond Scheme is offered in both De-mat and paper formats.
  • The fundamental advantage of such plans is that the government supports them.
  • Unlike actual gold, you don’t have to worry about its security because you may keep it in digital form.
  • There is no need to be worried about the quality of the gold because the bonds are in paper or electronic form.
  • The Sovereign Gold Bond Scheme pays interest every year. Even if gold prices in Karimnagar continue to decline, you may continue to invest in these plans since you will earn a guaranteed interest rate every six months.

The disadvantages of the Sovereign Gold Bond Scheme are as follows:

  • If the gold price in Karimnagar today lowers after you make your buy, you will lose money. Furthermore, if you pick a long-term plan, you will be immune to price swings.
  • It takes time to convert your gold bonds to real gold. Furthermore, if you want to utilize the gold for personal purposes, investing in bonds may be a wrong decision.

Gold Vs. Mutual Funds

After receiving funds from various investors, companies construct mutual fund schemes, invested in bonds, multiple stocks, and securities.
You can invest in mutual funds or gold, depending on your needs. It is vital to recognize that every investment is subject to market risks. Before you put your money or gold into an investment instrument, you need to know how it works:

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 Karimnagar


The Karimnagar District Cooperative Central Bank (DCCB) has reported a profit of 51.12 crores for 2020-21, up from 35 crores in 2019-20.

About Karimnagar

Karimnagar is a city in the Indian state of Telangana that serves as the district headquarters. Karimnagar is the state’s fifth biggest city and a major urban agglomeration. It is the administrative centre of the Karimnagar district and is controlled by the Municipal Corporation. It is located on the banks of the Godavari River’s tributary, the Manair River.

According to the 2011 census, it is the state’s third biggest and fastest expanding urban community. It has the greatest population growth rate among Telangana’s main cities between 1991 and 2011, at 45.46 percent and 38.87 percent, respectively, during the previous two decades.


How much does 916 hallmark gold cost in Karimnagar?

The gold rate in Karimnagar for 916 hallmark gold is INR 45,890. The price of 916 KDM gold is the same as that of 22-carat hallmark gold.

In Karimnagar, what is the current price of one gram of gold?

In Karimnagar, one gram of 24 carat gold costs Rs 5,009 and Rs 45,890 for 22 carat gold.

How much does 23-karat gold cost in Karimnagar right now?

The price of 23-carat hallmark gold in Karimnagar is INR 50,090.

How is the current Karimnagar 916 gold rate calculated?

Gold rates in Karimnagar are governed by a variety of variables, including interest rates in industrialized nations and gold demand, with lower demand leading to lower prices and more demand leading to higher prices. Furthermore, the gold rate in Karimnagar is determined by government regulations governing gold tariffs and local government levies.

What is the must-have checklist when buying gold in Karimnagar?

When buying gold in Karimnagar, one should take the following factors into account:

Check the gold price per gram: Knowing the gold rate in Karimnagar per gram guarantees that you do not overpay for gold. However, be sure that the pricing is obtained from a genuine and trustworthy source.

Understand the various purity levels: Before acquiring gold, the buyer should be aware of the different purity levels, such as 24 carats or 100% gold and 22 carats or 91.6 per cent gold. Investigate the purity level and choose one based on criteria such as the price and use of gold.

What is the current gold import duty?

Gold is now subject to a 10% import tariff. Because of the requirement to manage imports, the government modifies the import tariff regularly.

The need of the hour is to cut gold imports while keeping the current account deficit under control. Any limit will very certainly affect our country’s overall gold consumption. And India is the world’s most significant consumer of gold.

There was some consumer discontent when the government hiked the import tariff on gold the last time. Though it is uncertain if higher import charges would become the norm, it is certainly a possibility.

What is the relevance of today’s gold rates?

Checking the gold price now is essential for a straightforward reason: gold is no longer the commodity it once was. Today’s gold prices were vastly different from gold prices ten years ago. Minor increases in interest rates might now result in significant losses. As a result, it is vital to confirm gold prices before making a purchase.

It is also essential to analyze the price of the yellow metal with several jewellers. In a few places, the jewellers’ organization develops the rates, which are then publicized. Price disparities between local goldsmiths, on the other hand, are widespread. Some well-known jewellers, on the other hand, may want a higher manufacturing price.

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