Day | 22 Carat | 24 Carat | Change |
---|---|---|---|
Today | ₹66,850 | ₹71,620 | 0.0% |
Yesterday | ₹66,850 | ₹71,620 | +0.21% |
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Today 22 Carat Gold Rate in Ludhiana
Day | 1 gram | 8 gram | 10 gram | 100 gram | Change |
---|---|---|---|---|---|
Today Price | ₹6,685 | ₹53,480 | ₹66,850 | ₹6,68,500 | 0.0% |
Yesterday Price | ₹6,685 | ₹53,480 | ₹66,850 | ₹6,68,500 | +0.22% |
Today 24 Carat Gold Rate in Ludhiana
Day | 1 gram | 8 gram | 10 gram | 100 gram | Change |
---|---|---|---|---|---|
Today Price | ₹7,162 | ₹57,296 | ₹71,620 | ₹7,16,200 | 0.0% |
Yesterday Price | ₹7,162 | ₹57,296 | ₹71,620 | ₹7,16,200 | +0.21% |
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Places To Buy Gold In Ludhiana
Here is a list of some of the best places to buy gold in Ludhiana:
- Tanishq: Tanishq is one of the top jewelers not only in Ludhiana, but also in overall India. In Ludhiana, the jewelry showroom is located at Feroze Gandhi Market and Model Town. The brand is known for offering exquisite jewelry collections both in gold and diamond jewelry. From casual daily wear jewelry to party wear and bridal collection, your search for the perfect piece of gold and diamond jewelry piece ends here.
- Kalyan Jewelers: Kalyan Jewelers is yet another popular jewelry showroom in Ludhiana. The brand is known for amazing jewelry work done by its skilled craftsmen who are known for creating unique designs inspired from every corner of the country. Apart from a showroom in Ludhiana, they have over 136 showrooms in other parts of the country.
- Malabar Gold and Diamonds: Founded in the year 1993, Malabar Gold and Diamonds is a Kozhikode based jewelry brand having been in the business for the past 28 years and with a presence in over 10 countries. The brand promises to offer assured lifetime maintenance, transparency, and guaranteed buyback.
- NBFCs: You can purchase digital gold in Bhopal from NBFCs like ICICI Bank Loan, HDFC Bank Loan, etc.
Historical Gold Rates in Ludhiana
Months | Lowest Price (24 Carat) Gold rate/ 10gram | Highest Price (24 Carat) Gold rate/ 10gram |
---|---|---|
Feb,2024 | ₹52,200 | ₹63,150 |
Gold As An Investment
Investment in gold has always been amongst one of the top priorities for people in Ludhiana as it offers great value for money. Given below are a few reasons why people in Ludhiana prefer investing in gold.
- Secure form of investment: Compared to other investment options which are prone to market volatility, gold offers stable returns. An investor can sell gold on the day when the prices are high or in times of a financial crisis.
- Ease of buying and selling: One of the amazing benefits of investing in gold in Ludhiana is the ease of buying and selling. Gold is easily available for purchase in Ludhiana and when you want to sell it too, you can do so at the nearby jewelry store and get good cash value for the same.
- Price stability: One of the best reasons to invest in gold is price stability as even in times of a crisis the gold prices do not dip by a huge margin. In fact, whenever there has been a huge crisis in the market, people resort to investing in gold.
- Save for the future: In the long run, investment in gold can offer you high returns. Buying gold coins in Ludhiana is the best choice if you are looking to create a strong financial future for yourself and your family. However, it is important to check on purity as 22KT and 24KT have the highest level of gold purity content.
Things To Remember While Buying Gold In Ludhiana
Planning to buy Gold in Ludhiana? Here are a few things to keep in mind to ensure you make a profitable investment.
- Making charges: This is the cost of labor charge that goes behind designing the gold jewelry. It is important to compare making charges when making the purchase as it can highly impact the overall gold rate.
- BIS certification: Check if the jewelry you are purchasing is BIS hallmarked or not because without the mark there is a possibility that the jewelry might not be real. BIS hallmark helps you stay protected against any fraud and deception.
- Per gram rate: Gold rate in Ludhiana is fixed based on the per gram rate; it gives you a fair idea on the total price you will have to pay for your overall gold purchase. The gold rate in Ludhiana changes on a daily basis and hence it is best to check on the per gram cost before proceeding with the purchase.
- Ask for invoice: Whenever you make a jewelry purchase, ask for an invoice. This makes sure that your gold purchase is transparent and can be useful in case you want to sell it off in the future.
Factors impacting Gold Rate in Ludhiana
Gold Rate in Ludhiana changes on a daily basis and hence it is important to know the factors that affect the gold price in the city.
- Increase in production rate: In case the cost of production of gold increases, the overall price of the gold too increases.
- Increasing demand: A high demand for gold in Ludhiana can also lead to an increase in the gold price.
- Inflation: Gold is mainly purchased as a weapon against inflation. Hence, if the inflation witnesses an upward trend, the demand for gold rises and so does its price.
FAQs
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What is the difference between 22 karats and 24 karat gold?
The difference between 22 karats and 24 karats gold is in terms of purity. 22 karat gold is more durable as compared to 24 karat gold.
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How do you double-check your BIS hallmark in Ludhiana?
HUID or Hallmark Unique Identification Number number helps to double-check the BIS Hallmark. You can also explore the BIS Care App for more information.
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Do I need to pay tax on bringing gold into Ludhiana from abroad?
Yes, you need to pay a tax of 10%, when bringing gold into Ludhiana from abroad.