Gold prices in Ludhiana have seen a notable increase, maintaining their allure as a trusted investment and a preferred choice for jewellery enthusiasts. Below are the latest rates per gram for key purities:
- 22K Gold Rate: ₹7,240 (+₹80)
- 24K Gold Rate: ₹7,897 (+₹87)
- 18K Gold Rate: ₹5,924 (+₹66)
As of 22nd November 2024, 22K gold in Ludhiana is priced at ₹7,240 per gram, while 24K gold (999 purity) stands at ₹7,897 per gram. The rate for 18K gold is ₹5,924 per gram. This upward trend highlights gold’s enduring status as a safe haven for investors and a valuable asset for long-term wealth generation.
24 Carat Gold Rate for November 22, 2024
Understanding 24K Gold
The purest form of gold, 24K or 999 gold, is priced today at ₹7,897 per gram, reflecting an increase of ₹87 from yesterday’s rate. Known for its exceptional purity, 24K gold is a preferred choice for investment and ceremonial purposes. While its softness limits its use in jewellery, it remains a timeless option for wealth preservation.
Price Breakdown for 24K Gold by Weight
| Weight | Today’s Price (₹) | Yesterday’s Price (₹) | Price Change (₹) |
|---|---|---|---|
| 1 gram | ₹7,897 | ₹7,810 | + ₹87 |
| 8 grams | ₹63,176 | ₹62,480 | + ₹696 |
| 10 grams | ₹78,970 | ₹78,100 | + ₹870 |
| 100 grams | ₹7,89,700 | ₹7,81,000 | + ₹8,700 |
22 Carat Gold Rate for November 22, 2024
Overview of 22K Gold Prices
22K gold, a popular choice for jewellery, is priced today at ₹7,240 per gram, reflecting a rise of ₹80 from yesterday’s rate. Its balance of purity and durability makes it ideal for crafting jewellery and a valuable investment in India. Daily price fluctuations are closely watched by both investors and jewellery buyers.
Price Comparison for 22K Gold by Weight
| Weight | Today’s Price (₹) | Yesterday’s Price (₹) | Price Change (₹) |
|---|---|---|---|
| 1 gram | ₹7,240 | ₹7,160 | + ₹80 |
| 8 grams | ₹57,920 | ₹57,280 | + ₹640 |
| 10 grams | ₹72,400 | ₹71,600 | + ₹800 |
| 100 grams | ₹7,24,000 | ₹7,16,000 | + ₹8,000 |
18 Carat Gold Rate for November 22, 2024
What to Know About 18K Gold
18K gold, made of 75% pure gold, is priced today at ₹5,924 per gram, marking an increase of ₹66 from yesterday’s rate. Valued for its durability and affordability, 18K gold is often used in intricate jewellery designs, offering a perfect blend of elegance and value.
Price Analysis for 18K Gold by Weight
| Weight | Today’s Price (₹) | Yesterday’s Price (₹) | Price Change (₹) |
|---|---|---|---|
| 1 gram | ₹5,924 | ₹5,858 | + ₹66 |
| 8 grams | ₹47,392 | ₹46,864 | + ₹528 |
| 10 grams | ₹59,240 | ₹58,580 | + ₹660 |
| 100 grams | ₹5,92,400 | ₹5,85,800 | + ₹6,600 |
Gold Rate in Ludhiana for Last 10 Days (1 gram) – 24K and 22K
Tracking daily gold price trends is essential for buyers and investors in Ludhiana. The prices of 24K and 22K gold have witnessed fluctuations over the past ten days, influenced by global market dynamics and local factors. Below is the detailed data:
| Date | 24K Gold Rate (₹) | 22K Gold Rate (₹) |
|---|---|---|
| Nov 22, 2024 | ₹7,897 (+87) | ₹7,240 (+80) |
| Nov 21, 2024 | ₹7,810 (+33) | ₹7,160 (+30) |
| Nov 20, 2024 | ₹7,777 (+55) | ₹7,130 (+50) |
| Nov 19, 2024 | ₹7,722 (+76) | ₹7,080 (+70) |
| Nov 18, 2024 | ₹7,646 (+66) | ₹7,010 (+60) |
| Nov 17, 2024 | ₹7,580 (0) | ₹6,950 (0) |
| Nov 16, 2024 | ₹7,580 (-11) | ₹6,950 (-10) |
| Nov 15, 2024 | ₹7,591 (+11) | ₹6,960 (+10) |
| Nov 14, 2024 | ₹7,580 (-120) | ₹6,950 (-110) |
| Nov 13, 2024 | ₹7,700 (-44) | ₹7,060 (-40) |
Comparison of Average Gold Rate in Ludhiana (1 gram)
A long-term analysis of gold rates helps investors and buyers understand price movements and make informed decisions. Below is a comparison of average prices for 24K and 22K gold over different terms:
| Term | 24K Gold Rate (₹) | 22K Gold Rate (₹) |
|---|---|---|
| 10 Days | ₹7,688.30 | ₹7,049 |
| 20 Days | ₹7,822.60 | ₹7,171.50 |
| 30 Days | ₹7,897.83 | ₹7,240.50 |
| 60 Days | ₹7,845.47 | ₹7,192.67 |
| 90 Days | ₹7,694.37 | ₹7,054.60 |
| 180 Days | ₹7,460.05 | ₹6,840.46 |
| 1 Year | ₹7,055.60 | ₹6,469.18 |
| 2 Years | ₹6,481.34 | ₹5,942.55 |
| 3 Years | ₹6,027.84 | ₹5,534.08 |
| 4 Years | ₹5,769.93 | ₹5,309.77 |
| 5 Years | ₹5,562.20 | ₹5,143.31 |
| 6 Years | ₹5,264.82 | ₹4,880.52 |
Historical Gold Rate Movement in Ludhiana (May – November 2024)
Gold Price Movement in Ludhiana, November 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st November | ₹8,071 | ₹7,400 |
| 22nd November | ₹7,897 | ₹7,240 |
| Highest | ₹8,071 (1 Nov) | ₹7,400 (1 Nov) |
| Lowest | ₹7,580 (14 Nov) | ₹6,950 (14 Nov) |
| Overall Performance | Falling | Falling |
| % Change | -2.16% | -2.16% |
Gold Price Movement in Ludhiana, October 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st October | ₹7,706 | ₹7,065 |
| 31st October | ₹8,148 | ₹7,470 |
| Highest | ₹8,148 (31 Oct) | ₹7,470 (31 Oct) |
| Lowest | ₹7,679 (10 Oct) | ₹7,040 (10 Oct) |
| Overall Performance | Rising | Rising |
| % Change | +5.74% | +5.73% |
Gold Price Movement in Ludhiana, September 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st September | ₹7,319 | ₹6,710 |
| 30th September | ₹7,739 | ₹7,095 |
| Highest | ₹7,760 (27 Sept) | ₹7,115 (27 Sept) |
| Lowest | ₹7,291 (4 Sept) | ₹6,684 (4 Sept) |
| Overall Performance | Rising | Rising |
| % Change | +5.74% | +5.74% |
Gold Price Movement in Ludhiana, August 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st August | ₹7,051 | ₹6,465 |
| 31st August | ₹7,319 | ₹6,710 |
| Highest | ₹7,340 (28 Aug) | ₹6,730 (28 Aug) |
| Lowest | ₹6,942 (7 Aug) | ₹6,365 (7 Aug) |
| Overall Performance | Rising | Rising |
| % Change | +3.80% | +3.79% |
Gold Price Movement in Ludhiana, July 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st July | ₹7,242 | ₹6,640 |
| 31st July | ₹6,997 | ₹6,415 |
| Highest | ₹7,515 (17 July) | ₹6,890 (17 July) |
| Lowest | ₹6,888 (26 July) | ₹6,315 (26 July) |
| Overall Performance | Falling | Falling |
| % Change | -3.38% | -3.39% |
Gold Price Movement in Ludhiana, June 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st June | ₹7,270 | ₹6,665 |
| 30th June | ₹7,242 | ₹6,640 |
| Highest | ₹7,390 (7 June) | ₹6,775 (7 June) |
| Lowest | ₹7,182 (8 June) | ₹6,585 (8 June) |
| Overall Performance | Falling | Falling |
| % Change | -0.39% | -0.38% |
Gold Price Movement in Ludhiana, May 2024
| Date | 24K Rate (₹) | 22K Rate (₹) |
|---|---|---|
| 1st May | ₹7,166 | ₹6,570 |
| 31st May | ₹7,291 | ₹6,685 |
| Highest | ₹7,531 (20 May) | ₹6,905 (20 May) |
| Lowest | ₹7,166 (1 May) | ₹6,570 (1 May) |
| Overall Performance | Rising | Rising |
| % Change | +1.74% | +1.75% |
Best Jewellers to Buy Gold Jewellery in Ludhiana
- PC Jeweller
Overview: PC Jeweller is a reputable name in Ludhiana, offering a wide range of gold, diamond, and silver jewelry collections.
Specialties: Known for quality craftsmanship, it provides traditional and modern designs, with BIS-certified gold.
Locations: Multiple outlets across Ludhiana.
Why Choose: Renowned for transparency and excellent customer service, ensuring a trusted shopping experience. - Tanishq
Overview: A respected brand under the Tata Group, Tanishq offers high-quality gold and diamond jewelry with innovative designs.
Specialties: Specializes in both traditional and contemporary styles, maintaining a focus on unique craftsmanship.
Locations: Several branches throughout Ludhiana.
Why Choose: Known for fair pricing and transparency, backed by excellent after-sales service. - Kalyan Jewellers
Overview: Kalyan Jewellers is a national brand with a significant presence in Ludhiana, offering an extensive range of jewelry.
Specialties: Known for its broad collection of traditional Indian designs and custom-made modern pieces.
Locations: Multiple branches in Ludhiana.
Why Choose: Kalyan Jewellers emphasizes hallmark-certified purity and caters to various budgets. - Amritsar Jewellers
Overview: A local favorite, Amritsar Jewellers has built a reputation for quality and craftsmanship in Ludhiana.
Specialties: Offers custom jewelry and specializes in traditional wedding jewelry, ensuring attention to detail.
Locations: Multiple outlets across Ludhiana.
Why Choose: Known for personalized service, a quality-first approach, and customer satisfaction. - Hazoorilal Jewellers
Overview: Established in 1952, Hazoorilal Jewellers is known for its premium gold jewelry selection in Ludhiana.
Specialties: Offers a unique blend of traditional and contemporary styles with BIS-hallmarked purity.
Locations: Various locations across the city.
Why Choose: Known for quality and distinctive designs, along with competitive pricing and excellent service.
Buying Gold in Ludhiana: Key Factors to Keep in Mind
- Purity Assurance: Make sure the gold you purchase is BIS-hallmarked to confirm purity and authenticity. The hallmarking by the Bureau of Indian Standards (BIS) guarantees quality, protecting you from impurities or counterfeits.
- Price Determinants: Gold prices vary based on the karat (e.g., 24K, 22K, 18K). While 24K gold is favored for investments, 22K gold is common for jewelry. Always confirm the purity and additional charges, like making costs, before purchase.
- GST and Making Charges: Gold in India is subject to a 3% GST, and making charges vary based on the complexity of the design. These charges are non-refundable, so compare prices at different jewelers for the best value.
Investing in Gold vs. Other Assets
- Fixed Deposits (FDs): FDs offer safe, stable returns but may not hedge against inflation as effectively as gold. Gold provides a safeguard against currency devaluation and economic fluctuations.
- Real Estate: Although real estate can yield strong returns, it lacks liquidity compared to gold and is slower to convert to cash.
- Stocks and Mutual Funds: While stocks and mutual funds offer growth potential, they carry market risks. Gold is a more stable asset for risk-averse investors.
Digital Gold and Its Growing Popularity
Digital gold has gained popularity as a convenient investment, allowing users to invest without handling physical gold. Platforms like Paytm and Google Pay offer the option to buy, sell, and store digital gold in small amounts, providing secure storage and ease of access for tech-savvy and new investors.
Factors Influencing Today Gold Price in Ludhiana
- Global Economic Conditions: Gold prices are influenced by global trends, such as interest rates and currency fluctuations. During economic uncertainty, gold prices rise as investors seek safe-haven assets.
- Domestic Demand: Seasonal demand, especially around festivals, increases gold prices. This demand often drives up prices in months like October and November.
- Exchange Rates and Import Duties: Since India imports most of its gold, fluctuations in the rupee-dollar exchange rate and changes in import duties directly impact gold prices.
Is Now a Good Time to Invest in Gold?
With gold prices trending upward, many see this as a good time to invest in gold, which serves as a hedge against inflation and market instability. For risk-averse investors, gold offers security in times of economic fluctuation.
Gold Investment Options
- Physical Gold: Includes jewelry or bullion.
- Digital Gold: Available through platforms like Paytm, offering secure storage without the need for physical gold.
- Gold ETFs and Bonds: For those interested in gold investments without the need to own physical gold.
Tracking Daily Gold Price Changes
For real-time gold prices in Ludhiana, platforms like Googltimes.com offer updated rates across cities for various purities (24K, 22K, 18K). This tool is helpful for investors and buyers to track fluctuations influenced by both national and global trends.
