Gold Rate In Chandigarh Today

One of the most-visited cities in India, Chandigarh is also lined with a number of places that has the attention of gold buyers. Some of the best places to buy gold in Chandigarh are listed below:

• PP Jewellers: Since its inception in 1980, PP Jewellers in Chandigarh has been winning the hearts of the locals with its exceptional jewellery designs. The staff members of PP Jewellers treat their customers with the utmost friendliness and do their best to assist them during their purchases. Thus, with its effortless service for the past years, PP Jewellers has even managed to become one of the leading jewellery stores in India.
• Talwar Jewellers: Founded in 1954 by Late Shri Tarsem Lal Talwar, Talwar Jewellers is a trusted brand when it comes to buying jewellery in Chandigarh. The Talwar Jewellers is located in sector 22 in Chandigarh. Their extraordinary vision helps them in catering to all the jewellery needs of the locals of Chandigarh.
• Tanishq Jeweller: The name, Tanishq, is now the most trusted jewellery brand not just in Chandigarh but throughout the country. Depending on the occasion, you can get your favourite jewellery customised at Tanishq Jewellers in Chandigarh. All the jewellery sold by Tanishq Jewellers is authentic and thus customers mostly visit this store in Chandigarh.
• NBFCs: Apart from physical gold, you can also buy digital forms of gold from the NBFCs in Chandigarh. The notable NBFCs in Chandigarh from where you can buy digital gold are Muthoot Fincorp, IIFL Gold Loan, etc.

You need to be aware of certain things before buying gold. So, read the section below carefully:

• Bill: As a customer buying gold, it is your responsibility to take a bill from the seller. Once you take a bill, only then will you be guaranteed legal ownership of the gold jewellery. Moreover, the right bill also makes it convenient in selling back gold during difficult times when there is an urgent need for cash.
• Always Buy From A Trusted Store: No matter where you live, you should always buy gold from a trusted store only. To avoid the chances of deception and to be sure that you are getting 100% pure and authentic gold, always buy gold from trusted brands.
• Weight: The final cost of your gold purchase is determined by the total weight of gold you have bought. However, many times, the jeweller may simply check the final weight of the jewellery and charge you for studded items which are actually not made out of gold. So, always cross-check the weight before the final purchase.

Some of the factors that largely affect the price of gold in Chandigarh are listed below:

• Interest Rates: The gold rates and interest rates have an indirect relationship. This means that whenever the interest rate increases, the price of gold accordingly falls, and vice versa.
• Demand and Supply: The demand and supply of gold affect the price of gold to a great extent. So, whenever there is a high demand for gold, there is a possibility that its supply might be reduced. Thus, in order to match the demand and supply chain in such a case, the price of gold increases.
• Global Events: Another factor that affects the price of gold is global events such as war, and political turmoil. During such times, the price of other commodities witnesses a major fall, unlike gold. The price of gold during the global event increased.