Gold Rate In Bhopal Today

The demand for gold in Bhopal is similar to other cities and the below jewellers are one of the best places from where you can purchase gold from.

• Kalyan Jewelers: Kalyan Jewelers which is one of the most established names in the business is located at Malviya Nagar in Bhopal. At the store, you can choose from a wide range of traditional gold jewelry, diamond jewelry, antique jewelry, etc. They also offer additional services like gold exchange, jewelry repair and nose piercing.
• Amrapali Jewelers: Located at Kripal Centre in Bhopal, Amrapali Jewellers is one of the oldest jewelry showrooms in the city. The jeweler not only deals in selling gold jewelry and coins, but also gemstones. They have exquisite designs and sell hallmark gold jewelry which make them one of the trusted jewelry brands in Bhopal.
• Tanishq Jewelers: In Bhopal, Tanishq jewelers is situated at DB City Mall and Malviya Nagar. The jewelry chain is known for its product reliability and business ethics due to which it has a high customer base not just in Bhopal but also other cities. They have a wide collection of gold jewelry, diamond jewelry and also deal in selling digital gold.
• NBFCs: You can purchase digital gold in Bhopal from NBFCs like ICICI Bank Loan, HDFC Bank Loan, etc.

Whether you are buying gold in Bhopal or any other city, there are certain things you need to know such as the following:

• Hallmark jewelry: When buying gold in Bhopal, check if it is BIS certified. In case if it is not then it may not be real. Check for the BIS hallmark as it is an indicator of gold purity.
• Proper bill: When shopping for gold in Bhopal, ensure that you obtain a proper bill from the jeweler. The bill mentions the weight, cost, making charges, and its purity content.
• Buy back policy: Jewelers in Bhopal have a buy back policy which entails that you can easily sell back the jewelry to the original seller in exchange of a new one.
• Storage: When buying gold ETF, you will need to store it in digital form and when buying physical gold, it is best to store it in a bank locker. Hence, it is important to be mindful of the charges when investing in gold.

Gold rates in Bhopal are greatly impacted due to a number of factors. Read on to know the same in the below section.

• Value of Indian Rupee: In case if the value of Indian rupee decreases, the gold rate increases.
• Taxes: The gold price in Bhopal varies based on the prevalent taxes. Any change in government regulation pertaining to taxes and import duty, the gold price changes.
• International Factors: In case of any fluctuation in gold rate in the international market, the gold price in Bhopal too witnesses a change.