Gold is mostly used for jewellery and investment purposes in India. As a result, India is one of the world’s top gold consumers. Unlike other countries, where gold is mostly utilised for industrial purposes, India primarily uses gold for investment purposes. During times of economic or political instability, gold is generally seen as a relatively safe investment. For certain occasions, women prefer gold jewellery. In India, gold is purchased to commemorate the success of any big event. Before making any transactions, make sure to check the gold rates in your city. The price of gold varies from place to place in the country. As a result, you must first check the price of gold in your city before purchasing. Here is a list of different parts of India:
Ranchi
Ranchi, the capital of Jharkhand, an Indian state. Ranchi was the epicentre of the Jharkhand movement, which sought to create a separate state for the tribal areas of South Bihar, northern Orissa, western West Bengal, and eastern Chhattisgarh. With the history of the city, Ranchi is well known for its demand for gold jewellery. However, it is important to check the Gold rate today Ranchi before investing in gold.
Amravati
Amravati is the second most populous city in the Vidarbha region and the eighth most populous in Maharashtra, India. Since there is a huge population in the region there is also a huge demand for gold in this particular region. But, it is advisable to always check the Gold rate in Amravati before making any new investment.
Noida
Noida, a planned metropolis in Uttar Pradesh, India’s northernmost state. The city is the home to a lot of Migratory and native birds, as well as jackals and butterflies, and call the riverbank Okhla Bird Sanctuary home. The city also has a lot of corporate offices which also means that the city also has a number of working individuals. The demand for gold jewellery in Noida is high especially during the festive seasons. Therefore, it is important to check the Gold rate in Noida before investing in gold.
Srinagar
Srinagar is the main city and summer capital of the Indian state of Jammu and Kashmir. On the banks of the Jhelum River, a tributary of the Indus, and the Dal and Anchar lakes, it is located in the Kashmir Valley. The city’s natural surroundings, gardens, waterfronts, and houseboats are a well known tourist attraction. The demand for gold in Srinagar is the highest in the state of Jammu & Kashmir. However, it is always a good idea to check the Gold rate in Srinagar before purchasing to stay updated with the gold rates.
Jodhpur
Jodhpur, a city in Rajasthan, India’s northwest state is located in the Thar Desert. The Mehrangarh Fort, built in the 15th century which is now a museum with weapons, paintings, and ornate royal palanquins on display is the most famous tourist spot in the city. The fort, which is perched on a rocky outcropping, looks out over the walled city, where many of the buildings are painted in the city’s signature blue. The city is also known as ‘Blue City’ because of these blue painted buildings. Apart from these things, Jodhpur has a huge demand for gold. Therefore, it is important to check the Gold rate in Jodhpur before making any new gold purchase.
Amritsar
Amritsar, a city in the Indian state of Punjab, located 28 kilometres from the Pakistani border. The golden Golden Temple (Harmandir Sahib) which is located in the heart of the city’s walled old town, is the Sikh religion’s holiest religious complex. Pilgrims from all over the world visit Amritsar to visit the Golden Temple. Since the temple is made out of gold, there is a huge demand for gold within the city. However, it is important to be careful and check the Gold rate in Amritsar before investing in gold.
