Gold Rate In Surat Today

Surat is one of the prime cities of Gujarat. In Surat, the locals make the best use of gold during the festive season, at weddings, and even at other significant events which is why the city has a number of places where you can easily buy gold. Listed below are some of the best places to buy gold in Surat:

• Kalyan Jewellers: Since its inception in 1993, Kalyan Jewellers in Surat has been attracting customers from all over. It is one of the popular jewellery brands that has its store throughout the country. At Kalyan Jewellers, you can find an affordable range of jewellery collections. From antique to trendy gold jewellery, you can find everything you are looking for at the Kalyan Jewellers.
• D. Khushalbhai Jewellers: The D. Khushalbhai Jewellers was established in the year 1950. Serving the locals of Surat for several decades, the D. Khushalbhai Jewellers is a popular one-stop shop for all your jewellery needs. In Surat, the D. Khushalbhai Jewellers is located in Parle Point. Over the years, with its effortless service, the D. Khushalbhai Jewellers has managed to cater to all the jewellery needs of its customers. Occasionally, you can also enjoy great discounts and get gift vouchers so that you are able to buy jewellery at affordable prices.
• Kalamandir Jewellers: The Kalamandir Jewellers is situated in proximity to the Indoor Stadium. The goldsmiths at the Kalamandir Jewellers handcraft all the designs with the utmost perfection so that the customers are easily lured on buying them. The jewellery sold at Kalamandir Jeweller is hallmarked and customers can even verify the hallmark certification at the shop.
• NBFCs: Apart from these popular outlets, you can also buy gold ETFs, gold bonds and more at the NBFCs in Surat. Some of the NBFCs in Surat include Bajaj Finserv, Muthoot Finance and many more.

Some of the factors that you should essentially consider when buying gold in Surat are listed below:

• Colour: Gold is available in different shades such as rose gold, yellow and more. However, out of all them, yellow is the most preferred colour when it comes to buying gold in India. So, while buying gold, be considerate about which shade of gold you would prefer to buy.
• Hallmark Jewellery: Hallmark-certified jewellery clearly indicates the purity of any jewellery. So, when buying gold in Surat, always make it a point to check the hallmark certificate from your seller which is provided by the BIS or Bureau of Indian Standards. Moreover, also remember that the purity of gold is measured in karats.
• Current Gold Price: As the price of gold keeps fluctuating, it is very important to know about the current gold price. You can refer to authentic websites that provide updated information on the current price of gold or simply explore the price of gold in the newspapers.

Here are some of the factors that affect the price of gold in Surat:

• Production: The current price of gold is largely determined by its production. This means that the moment there is a fall in the production of gold due to certain reasons, the price of gold also adversely gets affected. Thus, whenever the production of gold is less and the demand for gold is more, then the price of gold increases.
• Inflation: As compared to other currencies, the price of gold remains relatively stable. This is the prime reason why investors tend to hold to gold during inflation. This also results in an increased demand for gold during inflation, and as such the price of gold at this time also increases.
• Interest Rate Trends: The interest rate and gold price is closely related. When the interest rate increases, people sell gold and as such the price of gold decreases.