Jan 31
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Gold Rate Trend in Rajasthan
Rajasthan is India’s biggest state by territory and its name truly means the ‘Place that is known for Kings’, and rulers in the past days were constantly known for their riches and magnificence in addition to other things. Rulers aside, the province of Rajasthan represents a decent measure of gold buys in the nation inferable from its rich social legacy. With a populace of right around 75 million individuals, the state keeps on expanding its gold deals all the time.
The essential interest for gold in Rajasthan drops by methods for adornments, gold coins, gold bars, gold assets, gold ETFs and E-Gold. Rajasthan is additionally home to a few celebrations, and gold is a propitious component amid these circumstances, which demonstrates the need of the general population to make buys on a reliable premise.
Daily Gold Rates
| Date | Standard Gold (22 K) | Pure Gold (24 K) | ||
| 1 gram | 8 grams | 1 gram | 8 grams | |
| 31 Jan 2018 | ₹ 2,971 | ₹ 23,768 | ₹ 3,120 | ₹ 24,960 |
| 30 Jan 2018 | ₹ 2,980 | ₹ 23,840 | ₹ 3,129 | ₹ 25,032 |
| 29 Jan 2018 | ₹ 2,985 | ₹ 23,880 | ₹ 3,134 | ₹ 25,072 |
| 25 Jan 2018 | ₹ 2,971 | ₹ 23,768 | ₹ 3,171 | ₹ 25,368 |
| 24 Jan 2018 | ₹ 2,965 | ₹ 23,720 | ₹ 3,165 | ₹ 25,320 |
| 23 Jan 2018 | ₹ 2,955 | ₹ 23,640 | ₹ 3,155 | ₹ 25,240 |
| 22 Jan 2018 | ₹ 2,955 | ₹ 23,640 | ₹ 3,155 | ₹ 25,240 |
Gold Rate in Rajasthan for October 2017 to December 2017
| Factor | October | November | December |
| 1st day | Rs.3,109 per gram | Rs.3,087 per gram | Rs.3,068 per gram |
| Last day | Rs.3,087 per gram | Rs.3,078 per gram | Rs.3,086 per gram |
| Highest price | Rs.3,133 per gram from 12 to 16 October | Rs.3,113 per gram on 20 and 21 November | Rs.3,086 per gram on 30 and 21 December |
| Lowest price | Rs.3,073 per gram on 27 and 28 October | Rs.3,057 per gram from 4 to 6 November | Rs.2,990 per gram on 14 December |
| Trend | Decline | Decline | Incline |
| Change | -0.70% | -0.29% | 0.58% |
Gold Rate Satta in Rajasthan for July 2017 to September 2017 (per gram of 24 karat gold)
| Factor | July | August | September |
| 1st day | Rs.3,063 per gram | Rs.3,003 per gram | Rs.3,079 per gram |
| Last day | Rs.3,003 per gram | Rs.3,056 per gram | Rs.3,109 per gram |
| Highest price | Rs.3,079 per gram on 2 July | Rs.3,056 per gram on 30 & 31 August | Rs.3,194 per gram from 8-10 September |
| Lowest price | Rs.2,917 per gram on 11 July | Rs.2,979 per gram on 7 August | Rs.3,068 per gram from 5-7 September |
| Trend | Decline | Incline | Incline |
| Change | -1.95% | 1.76% | 0.97% |
Gold Rate Satta in Rajasthan for July 2017:
- Gold rate in Rajasthan started off on a strong note, with the metal trading at Rs.3,063 per gram.
- Prices went further up to Rs.3,079 per gram – the month’s highest rate – as demand for the metal peaked before dropping over the subsequent days.
- The implementation of GST was a major factor which pushed gold price in Rajasthan down this week.
- Local demand was so bad that gold rates hit a monthly low figure of Rs.2,917 per gram on the 11th of July.
- However, from the 11th onwards, there was a slight improvement in gold trading and the yellow metal’s rates picked up to end on a respectable note.
- On the final day of the month, gold traded at Rs.3,003 per gram.
- There was a 1.95% decrease in gold rate trends because gold price took a hit due to weak local demand and a strong US dollar.
Gold Rate Satta in Rajasthan for August 2017:
- Gold opened at Rs.3,003 per gram on the 1st of August, but seemed to fluctuate on the lower side as the market was still recovering from GST’s implementation.
- Gold rate in Rajasthan went down to as low as Rs.2,979 per gram by the 7th – proving the extreme low confidence investors had with regards to gold.
- From the 8th onwards, prices seemed to improve as a combination of economic and geopolitical factors pushed US dollar rates down.
- The 30th and the 31st of the month recorded the highest gold rates, with the metal trading at Rs.3,056 per gram.
- Gold prices in Rajasthan surged by 1.76% this month, following the positive cues are seen in the global market and the increased demand witnessed in local circles.
Gold Rate Satta in Rajasthan for September 2017:
- September’s gold trading was a follow up of the previous month’s positive trend.
- Gold opened at Rs.3,079 per gram on the 1st of September but hit a monthly low figure of Rs.3,071 per gram on the 4th of the month.
- When reports of North Korea’s latest nuclear test hit the newsstand, all major markets plummeted, which led to gold rates rising up to Rs.3,194 per gram on the 8th of September.
- By the end of the month, gold prices in Rajasthan had fallen, to trade at Rs.3,109 per gram.
Gold Rate Satta in Rajasthan April 2017 to June 2017
| Factor | April | May | June |
| 1st day | Rs.3,043 per gram | Rs.3,058 per gram | Rs.3,065 per gram |
| Last day | Rs.3,058 per gram | Rs.3,065 per gram | Rs.3,063 per gram |
| Highest price | Rs.3,118 per gram from 14 April to 16 April | Rs.3,065 per gram on 31 May | Rs.3,099 per gram from 7 June to 10 June |
| Lowest price | Rs.3,038 per gram on 10 and 11 April | Rs.2,976 per gram on 11 and 16 May | Rs.3,047 per gram from 2 June to 6 June |
| Trend | Incline | Incline | Decline |
| Change | 0.49% | 0.22% | -0.06% |
Gold Price Trend in Rajasthan for April 2017
- Gold was priced at Rs.3,043 per gram when trading commenced for April.
- As the US dollar seemed to weaken, gold prices went up to Rs.3,063 per gram on the 5th of the month.
- By the 14th of April, gold prices had gone as high as Rs.3,118 per gram – the month’s highest rate – as an underperforming US dollar gave way to increased demand in the global market.
- Due to the Asian markets rallying and the US dollar strengthening, gold rates seemed to gradually decline over the remaining days of the month.
- Prices remained mostly at Rs.3,113 per gram for much of week 4, before going down to Rs.3,097 per gram on the 24th of the month.
- Gold rates in Rajasthan decline further to end the month at Rs.3,058 per gram.
- Price trends inclined at a rate of 0.49% despite the fact that demand fell considerably towards the latter half of the month.
Gold Price Trend in Rajasthan for May 2017
- Gold prices in Rajasthan started for May at Rs.3,058 per gram and saw demand decline as days progressed.
- Emmanuel Macron’s victory against conservative leader Marine Le Pen led to markets bouncing back, which subsequently led to drop in gold demand.
- A weak demand brought about by strong stock markets led to gold rates going down to as low as Rs.3,000 per gram on the 9th.
- With demand showing little signs of improving, gold rates reached the lowest of Rs.2,976 per gram on the 11th and continued at the same rate till the 16th.
- However, as US President Donald Trump’s collusion fiasco took centre stage, gold demand surged with the metal trading at Rs.3,029 per gram on the 18th of May.
- Gold prices went up to as high as Rs.3,050 per gram on the 26th and continued to rise and traded at Rs.3,065 per gram on the last day of the month.
- Owing to a slowdown in the US market, gold price trends surged by 0.22% for the month of May.
Gold Rate Trend in Rajasthan for June 2017
- Gold prices started at Rs.3,065 per gram when June began and surged up close to Rs.3,100 levels as news scandals involving the US president hit the newsrooms.
- With the arrival of GST imminent, bullion investors decided to make most of their purchases within the short window which was available to them.
- A significant rise in demand saw gold trade at Rs.3,099 per gram from the 7th to the 10th of May.
- For the remaining days of the month, gold prices didn’t change much, thanks to stable demand from the local market.
- The yellow metal traded at Rs.3,050 per gram from the 16th to the 29th of the month.
- As the introduction of GST was just 24 hours away, investors put in a last-ditch effort to buy as much gold as possible. This led to the precious metal trading at Rs.3,063 per gram on the last days of June.
Gold Rate Trend in Rajasthan for January 2017 to March 2017 (per gram of 24 karat gold)
| Factor | January | February | March |
| 1st day | Rs.2,893 per gram | Rs.3,034 per gram | Rs.3,080 per gram |
| Last day | Rs.3,017 per gram | Rs.3,095 per gram | Rs.3,029 per gram |
| Highest price | Rss.3,060 per gram on 23rd and 24th of January | Rs.3,101 per gram from 25th-27th February | Rs.3,080 per gram on 1st and 2nd March |
| Lowest price | Rs.2,841 per gram on 10th and 11th of January | Rs.3,034 per gram on 1st & 2nd February | Rs.2,974 per gram from 15th to 17th of March |
| Trend | Rise | Incline | Decline |
| Change | +4.28% | +1.97% | 1.65% |
Gold Rate Trend in Rajasthan for January 2017:
- January was a positive period for gold trading as a number of international factors brought about an increase in gold prices.
- On 1st, gold was trading at Rs.2,893 per gram and went up to Rs.2,937 per gram on 7th as the US dollar weakened.
- However, due to corrections, gold prices went down to Rs.2,841 per gram on 10th and 11th, which was the lowest gold rate for the entire month.
- After that brief fall, prices of gold seemed to be on the increase for the next couple days as prices hit their highest on 23rd as they reached Rs.3,060 per gram.
- By the end of the month, gold prices had corrected to close at Rs.3,017 per gram, marking an increase of Rs.124 from start to finish.
- January saw gold price trends increase by 4.28% in Rajasthan.
Gold Rate in Rajasthan for February 2017:
- The month of February saw gold price trends remain positive despite the fact that rates seemed to fall over the course of the month.
- Most of the changes in the prices were due to the US monetary policies, which failed to materialize and also due to the US Fed rate hike.
- On 1st, gold was priced at Rs.3,034 per gram and as demand fluctuated, gold prices also seemed to go up and down.
- Despite a slow growth, gold prices were at their lowest when the metal was trading at Rs.3,034 per gram.
- After significant fluctuations, gold prices reached their highest on 25th when it hit Rs.3,101 per gram.
- Gold prices went up by 1.97% for the month of February.
Gold Rate Trend in Rajasthan for March 2017:
- March saw gold prices drop significantly as US Fed Rate hike brought gold prices down.
- On the 1st of March, gold was priced at Rs.3,080 per gram but as demand from global markets fell, gold prices seemed to fall.
- By the end of the 15th, gold prices had hit a low of Rs.2,974 per gram.
- The next few days saw gold prices go up and down as demand wasn’t steady.
- The month ended on 31st as gold was trading at Rs.3,029 per gram, thereby marking a decline of -1.67% in price trends.
