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Gold Rate Today in Arunachal Pradesh - 22 Carat and 24 Karat Gold Price in Arunachal Pradesh (17th November 2024)

Gold has been the preferred choice of investment in Arunachal Pradesh. Even in this modern age, gold is a good asset. Most people have a sizeable part of their savings in gold.  Before investing, you need to check the gold rates in Arunachal Pradesh. You also need to understand the factors that affect its prices. Let's move on to discover more about gold as an investment.

Today’s Gold Rate in Arunachal Pradesh for Last 10 Days

What is the gold rate today in Arunachal Pradesh? As of 17th November 2024, the gold rate in Arunachal Pradesh for 24k gold is ₹ 0/gm, and the 22K rate is ₹ 0/gm of 22K gold. 22K gold is also called Standard Gold.

Date

10 Gram (22 K)

10 Gram (24 K)

17 November 2024

₹ 0

₹ 0

16 November 2024

₹ 0

₹ 0

15 November 2024

₹ 0

₹ 0

14 November 2024

₹ 0

₹ 0

13 November 2024

₹ 0

₹ 0

12 November 2024

₹ 0

₹ 0

11 November 2024

₹ 0

₹ 0

10 November 2024

₹ 0

₹ 0

09 November 2024

₹ 0

₹ 0

08 November 2024

₹ 0

₹ 0

07 November 2024

₹ 0

₹ 0

Historical Gold Rates in Arunachal Pradesh

              Months

Lowest Price 24 Carat Gold Rs. Per 10 Grams

Highest Price 24 Carat Gold Rs. Per 10 Grams

August 2022

49,240

50,150

July 2022

51,500

50,770

June 2022

48,750

50,300

What Are The Three Types of Gold?

White gold is an alloy of gold, zinc, copper, palladium, nickel, etc. and is more whitish. White gold is available at today's gold rate in GRT Arunachal Pradesh. When mixed with Copper, 18K gold has a pink hue and is known as Rose Gold. Note that 18k white/rose/ yellow gold all have the same amount of gold in them. Yellow gold is made of pure gold mixed with alloys such as copper and zinc.

Which Gold Should One Buy as an Investment?

When investing in jewellery, it is best to go for 22k gold and check today's gold rate in Arunachal Pradesh 916. 22k gold has a good resale value. Higher processing charge makes White Gold more expensive than the standard yellow gold.

Which Documents Do You Need When Investing In Gold? 

  • Investment of Rs. 2 lakhs or more on physical gold requires a PAN card and address proof. 
  • For ETFs, one must open a brokerage account and a Demat account with the ETF seller firm.
  • SGBs, digital gold etc., need little paperwork and no Demat accounts are involved.
  • For mutual fund’s you will need a brokerage and Demat account.

What To Check When Buying Gold?

When buying jewellery or gold:

  • Check the bill and buy-back terms: The buy-back rates decide the profit you make. Most jewellers assure customers of buyback facilities.  They exchange jewellery on a gram-to-gram basis.  
  • Check Making Charges: The making charges are an extra cost on the rate of gold. So when you buy gold jewellery, your total expense will be higher than the gold rate in Arunachal Pradesh. It is calculated as:

Final jewellery price= gold weight in grams multiplied by the gold rate today 22k in Arunachal Pradesh plus an approximate of 10 to 20% in making charges plus the GST applicable at 3% of the purchase price.

  • Verify the gold rates: Gold rates vary daily, across locations and even by the moment on the stock market. Before investing, do take a look at the 22-carat gold rate in Arunachal Pradesh.
  • Check the purity levels: 24K gold is 99.9% pure. But, it is not malleable and needs the addition of Copper, Silver etc. The alloyed gold has less pure gold in it. You can choose gold such as 22K, 18K, 14K, 10K etc. 
  • Ensure BIS Certification: The Bureau of Indian standards certifies the purity of gold. The more popular 22K gold bears BIS-916 hallmark, meaning that every 100gm of gold contains 91.6gm of pure 24k gold. 

24 Karat Vs 22 Karat Gold Comparison Chart:

24K Gold

22K Gold

Its purity is 99.9 per cent, and the rate quoted as a 24-carat gold rate in Arunachal Pradesh today.

Its purity is 91.67 per cent, and the rate quoted as 22k gold rate today in Arunachal Pradesh.

Available as  bars, coins etc

Available as coins, bars and jewellery.

Used in making of bars, coins, jewellery, gold articles, industrial purposes and medical devices.

Used in jewellery making 

More expensive than 22K gold 

It is less expensive than 24k gold and more costly than the 18k gold 

Why Gold Investments are a Smart Choice?

In Arunachal Pradesh, people store gold and buy jewellery for festivals, weddings etc., at the gold rate today in Arunachal Pradesh 22k. It is said that households keep over four times the gold held in the Reserve Bank of India. Arunachal Pradesh investors prefer real estate, gold etc., over FDs and SGBs or stock market trading because it is safer. 

Key Factor

Investment in gold

Fixed Deposit and Gold bonds

Risk factor involved

The disadvantages of physical gold are its storage and insurance costs. Digital gold and mutual funds bear relatively low risk compared to equities.  While you cannot predict the interest rates, gold is an appreciating asset class when held over long periods.

Carries low-risk for a fixed term earning a fixed interest over a fixed term. 

Premature Closure

Premature sale, gold loan options available at the gold rate in Arunachal Pradesh today 916.

You have to pay a penalty for premature closure. In SGBs, it is allowed after a 5-year tenure.

ROI Analysis

If you invest in buying gold for five years on  Akshaya Tritiya, an ET Wealth report says you’ve earned 18% CAGR in returns.

FD’s interest rates are declining and are linked to the term. They offer an annual rate of 5-6% with an additional 0.5% for senior citizens for bank FDs. SGBs have an 8-year tenure and a 2.5% interest rate.

Liquidity

Modern gold investments in digital gold, SIPs, ETFs, Mutual funds, physical gold etc., are easy to sell. Learn how at Khatabook.

Liquidity depends on the bank and is generally penalised. SGB’s allow withdrawal after five years only.

How Is The Gold Rate In Arunachal Pradesh Determined?

Today's gold rate in Arunachal Pradesh is available online and in newspapers and magazines. Gold  rates are affected by the changing values of:

  • Alloy Prices -  Check for the prices of silver, copper etc., as they are mixed with gold to make it stronger. 
  • The Rupee Vs US Dollar -  Fluctuates and affects the exports and imports of our country. India imports gold in USD. When this rate fluctuates, the import duties rise and push today’s gold rate in Arunachal Pradesh 916 up.
  • Gold rate news - On reputed sites like Khatabook can help maximise profit and the best gold rates.

Buying Gold as an Investment

Buying gold as an investment can be accomplished in the following ways.

  • Physical Gold: The jewellery gold rate today in Arunachal Pradesh is unpredictable. It depends on factors like gold supply rates, India’s imports and demand. The market conditions, Rupee value, the strength of the USD and the economy are also contributing factors.
  • Digital Gold: This is gold bought on the digital platform. Platforms like Khatabook allow you to invest in digital gold. You can start saving small and accumulating gold in an insured locker till maturity. If you need physical gold, you may request doorstep delivery in the form of coins or gold bars. 
  • Spot contracts and ETFs - Exchange-traded funds and spot contracts are also great for investing in gold. You can start buying digital gold with a small investment at the 22-carat gold rate in Arunachal Pradesh today.
  • Market trading: Gold can be bought as a commodity on the stock markets. The gold rate in Arunachal Pradesh tends to fluctuate over the day’s prices.

Why Gold Prices Fluctuate in Arunachal Pradesh?

Despite the chaos caused by the pandemic since March 2020, gold prices have seen a steady rise. Why? Several factors affect gold prices and the answers to the surging gold prices in Arunachal Pradesh.

  • Global lockdowns and slowing economies - means less gold mining and production. These issues, along with industrial activity, increase the gold rate in Arunachal Pradesh.
  • Economic Recovery - post-COVID-19 is slow.
  • The economic meltdown - has left investors searching for a good investment. Compared to risky stock market assets, Gold is a safer bet.
  • The exchange rate of the USD - fluctuations in the Rupee to Dollar rate affect gold prices. The falling Rupee rate currently between 74 and 75 is sluggish. Imports with USD price tags drive the gold prices in India higher.
  • High liquidity -  you will be easily able to sell Gold for cash even when the economic situation is not good.
  • International gold prices - have been increasing. 
  • Ever-increasing gold demand - drives prices higher. In India, festivals and wedding seasons see gold rates surging to new highs.

Must Check Factors When Buying Gold in Arunachal Pradesh

Some of the must-check factors are

  • The price/gram of gold: Today's gold rate in Arunachal Pradesh per gram not only fluctuates daily but also across locations. So one must check the current gold rate in Arunachal Pradesh before buying gold.
  • Purity levels: 24K gold is pure gold. But, it is not malleable and is hence mixed with small amounts of Copper. Thus one can buy 22K, 18K, 14K, 10K, white gold, rose gold and more.
  • Certification of the metal: The BIS or Bureau of Indian standards certifies the purity of gold. The most popular 916 gold means that every 100gm of gold contains 91.67gm of pure 24k gold. It is also known as 22K gold or today's gold rate in Arunachal Pradesh 916. 
  • Buy-back terms:  Find sellers who give reasonable buy-back offers.  Many Jewellers buy/exchange gold based on its weight.  Others may charge making charges and give the option of locking in the day’s gold rates. EFTs are a form of digital gold that helps one take advantage of the surging market prices without physical custody of the gold. 

Why Buy Digital Gold? 

Digital gold at today's gold rate in Arunachal Pradesh live is a good buy because you can start buying gold at the day’s price with as little as Rs 1. Store your gold in a digital locker till encashment. One can sell it from home or even convert it to physical gold at will. For Ex: Khatabook is a platform that delivers guaranteed 24k gold at your address in tamper-proof packaging.

Digital gold trading can be bought, sold or traded in the electronic format with a mobile phone, a good internet connection and a platform like Khatabook to buy digital gold. 

The General Steps are:

Enter the amount of INR or grams you want to buy. 

Select the payment mode. 

Upload your KYC verification documents and make a payment. 

The digital gold is instantly reflected in your locker. 

Figure out the right time to sell your digital gold today’s gold rate in Arunachal Pradesh through the platforms like Khatabook. You can also request a doorstep delivery in the form of coins or gold bars. 

Availing Gold loans

The best part is that physical gold can raise 90% of its value as a secured loan in times of distress.  A secured loan is offered by most banks, NBFCs etc., with gold as the collateral. It can fetch up to 90% of the gold value as a loan to be repaid with bank interest within the specified time. A default causes the lender to auction the gold collateral. 

Where To Buy Gold in Arunachal Pradesh?

Take your pick from the list of jewellery stores in Itanagar, the capital of Arunachal Pradesh.

Dealer Name

 Location 

Address

PK Jewellery

Itanagar 

G Ete Bldg, P Sector, Gandhi Market

Rani Jewellery

Naharlagun

E-Sector Naharlagun

Prachi Jewellers

Itanagar

Takam Bldg, Akashdeep Market

Babu Jewellers

Itanagar 

Shop No 17, Itanagar Main Road

RJ Jewellers

Naharlagun

Horminn Hospital Road

You can also buy jewellery online from reputed websites like Joy Alukkas, Krishna Jewellers, Bluestone, Tanishq, Kalyan Jewellers etc.

Conclusion: 

You should strike a balance between investments in debt and equity since these assets create long-term wealth. In the long run, gold prices will soar.  Due to the low supply of gold, International rates will increase. Find out more at Khatabook.

FAQs

Q: Can we convert digital gold to physical gold?

Ans:

Yes. Khatabook is a platform delivering a guaranteed 24k gold on the digital platform delivered at your address in tamper-proof packaging.

Q: What is the easiest way to find the gold rate?

Ans:

You can find gold rates on online platforms like Khatabook.

Q: Is Digital Gold safe?

Ans:

Yes, it is in digital format and stored in an insured locker.

Q: When is the best time to invest in Gold?

Ans:

It is preferable to buy gold when the gold rates are lower than the average gold rates for the period.

Q: Will the gold rate in my state increase or decrease?

Ans:

Gold rates depend on a number of factors like Inflation, Demand and Supply, Interest rates, etc.  Any changes in these factors would affect the gold rates.

Q: How does the recession affect gold prices?

Ans:

During a recession, the gold prices rise. In India, the prices through 2008-2010 prove this. Gold was Rs 1080/gm in 2017 and rose to Rs 1250/gm, Rs 1450/gm, and Rs 1850 in the subsequent years.

Q: Is gold a good investment in Arunachal Pradesh?

Ans:

It is if you have a long term investment in it. Experts suggest a 10% of investment in gold to hedge against the many factors affecting gold prices.

Q: Which gold carat is best for jewellery?

Ans:

24K is too soft and thus 22K or 18K gold is used in jewellery.

Q: How much is 1 Vori?

Ans:

Vori = 11.66gm of gold.

Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.
Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.