Gold Price In Solapur Today
Gold is a mesmerizing metal cherished by people of all generations. Even during the medieval period and the era of kings, gold was believed to be the most precious element. Today, individuals do not buy gold solely to wear and enhance their party look, but they also buy it for investment. Therefore, in order to make the smartest investment, it is necessary to know about the gold rate in Solapur today.
Today Gold Price in Major Indian Cities
|City||22 Carat Gold Price Today||24 Carat Gold Price Today|
|Day||22 Carat||24 Carat||Change|
Today 22 Carat Gold Rate in Solapur
|Day||1 gram||8 gram||10 gram||100 gram||Change|
Today 24 Carat Gold Rate in Solapur
|Day||1 gram||8 gram||10 gram||100 gram||Change|
Places To Buy Gold In Solapur
Listed below are the places in Solapur where you can buy pure gold.
- Malabar Gold & Diamonds:
Malabar Gold & Diamonds has established its presence in 10 countries, including India by offering stunning collections of purer gold ornaments. You can visit their jewellery store in Solapur to check out their trendy and designer gold ornaments.
- P.N. Gadgil & Sons:
Being the oldest player in the jewellery market, P.N. Gadgil & Sons has established a customer base of more than 1 million by providing hallmark-certified gold jewellery. You can also buy gold jewellery online from their e-commerce website.
- Waman Hari Pethe Sons:
Established in 1908, Waman Hari Pethe Sons has grown into a leading jewellery company in Solapur and the other 12 major cities of India. You can place your trust in them for buying gorgeous gold jewellery such as bangles, rings, earrings, and much more.
- Tanishq Jewellery:
Tanishq Jewellers is popular for its customer satisfaction. Starting from the occasional designs to modern and traditional jewellery, you can satisfy every need.
You can also buy gold from non-banking financial companies such as HDB Finance Services, Tata Capital Financial Services Ltd, and many others.
Gold Rate / 10g in Solapur for Last 10 Days
|Date||22 Carat Gold Price Today||24 Carat Gold Price Today|
Historical Gold Rates in Solapur
|Months||Lowest Price (24 Carat) Gold rate/ 10gram||Highest Price (24 Carat) Gold rate/ 10gram|
Gold As An Investment
In comparison to the gold rate in Solapur today, it was low and affordable in the past. However, in the long run, we have seen a tremendous increase in the prices of gold. This means the people who bought gold during the time of deflation must now be enjoying the benefits of the high price of gold. Still, looking for reasons to invest in gold? Check the below section to know why you should invest in gold!
- Comfortable Buying & Selling:
While travelling to any part of India, you can bring your gold with you. Different cities in India have different gold rates. Thus, you can easily buy and sell gold anywhere at your convenience.
- Money Making Asset:
Gold is considered to be the most valuable and prudent investment because it has the power to create wealth. Therefore, many people plough their money in gold when the rate is low to earn better returns in future.
- Doesn’t depletes With Time:
Gold is considered to be the safest investment because it doesn’t obliterate its value, even during a period of inflation. Thus, you can earn profits in the coming days by investing in gold now.
- Continues Legacy:
You can store the gold in any environment for a longer duration. As gold doesn’t fade with time, it has the potential to maintain a legacy of investment in jewellery.
Things To Remember While Buying Gold In Solapur
In order to make a wise investment, it is advisable to consider the following factors while buying gold in Solapur.
- BIS Verification:
Before buying gold, you should always check the hallmark stamp issued by the Bureau of Indian Standards on gold. It will provide you with the surety that you are investing your money in purer gold.
- Credibility Of Jeweller:
To purchase purer gold, you should always check the reliability of jewellers by exploring customer reviews and ratings.
- Buy High-density Gold:
It is believed that 24-karat gold is 100% purer than 22-karat gold because of its higher density. Thus, to avoid any mishappenings, you should always buy 24 karats of gold.
- Making Charges:
The cost of making gold ornaments varies from jeweller to jeweller. Therefore, you should keep a variety of options and compare the making charges to reduce your cost of investment.
Factors Which Affect Gold Price In Solapur
Many factors influence the price of gold in Solapur. These factors can be both internal and external. Some of them are mentioned below.
- High Demand:
Gold is a precious metal adored by everyone because of its durability and the power to beat inflation. Therefore, when more and more people began investing in gold then its rate significantly increased.
- Government Investment:
In almost every country, the government holds gold along with money. Similarly, in India, The Reserve Bank of India also reserves gold. Thus, when the government starts investing in higher amounts, the shortage of gold leads to an increase in its prices.
- Importing Cost:
India is one of the largest gold importers, therefore fluctuations in import prices have a direct effect on domestic gold prices. As a result, gold's price changes on a global scale.
- Value Of US Dollar:
The value of the US dollar and the price of gold are inversely proportional. Therefore, a rise in the US dollar's value will result in a fall in the price of gold, and vice versa.
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How to check for the Hallmarked 916 22 Karats Gold in Solapur?
The Bureau of Indian Standards (BSI) uniquely certifies each gold ornament. Thus, to make sure that you are buying pure gold you should always check it.
Do I need to pay tax on bringing gold into Solapur from abroad?
Yes, custom duty and other additional charges are applicable on bringing gold into Solapur from abroad.
How to check the purity of gold in Solapur?
The density of gold can be used to verify its purity. Besides this, you can also visit the BIS care app and check the hallmark certification to ensure the authenticity of the gold.
What is the difference between 22 karats and 24 karats of gold?
Density is the main difference between 22 karats and 24 karats of gold. Therefore, 24 karats of gold will be 100% purer and more expensive than 22 karats of gold.
How Do You Double-Check Your BIS-Hallmark in Solapur?
You can confirm the purity of gold through the BIS care app. Simply, visit the app and enter the Hallmark Unique Identification Number of your product. The information will be displayed.