Chhattisgarh is a centrally located state in India which is extremely rich in culture and boasts of various folk music and dance forms. Due to the cultural strength and heritage in the country and the vivacious lifestyle, clothing and jewelery, gold is an integral part of their culture. However, in Chhattisgarh similar to other states in the country the rates are based on the prices around the region and fixed on the basis of the gold rates from the other parts of the country. Here, you will read about the general trend and rates of gold in the state.
Gold Rate Trend in Chhattisgarh for January 2018 to March 2018 (per gram of 24 karat gold)
| Factor | January | February | March |
| 1st day | Rs.3,009 per gram | Rs.3,128 per gram | Rs.3,147 per gram |
| Last day | Rs.3,121 per gram | Rs.3,147 per gram | Rs.3,148 per gram |
| Highest price | Rs.3,144 per gram on 29 and 30 January | Rs.3,148 per gram from 17 to 22 February | Rs.3,148 per gram on 8, 9 and from 24 to 31 March |
| Lowest price | Rs.3,000 per gram on 4 January | Rs.3,091 per gram from 9 to 11 February | Rs.3,123 per gram from 17 to 23 March |
| Trend | Incline | Incline | Incline |
| Change | 3.72% | 0.60% | 0.03% |
Gold Rate Trend in Chhattisgarh for October 2017 to December 2017 (per gram of 24 karat gold)
| Factor | October | November | December |
| 1st day | Rs.3,040 per gram | Rs.2,974 per gram | Rs.2,982 per gram |
| Last day | Rs.2,996 per gram | Rs.2,996 per gram | Rs.3,015 per gram |
| Highest price | Rs.3,059 per gram on 14 and 15 October | Rs.3,030 per gram 18 to 20 November | Rs.3,015 per gram on 30 and 31 December |
| Lowest price | Rs.2,996 per gram on 31 October | Rs.2,974 per gram on 1 and 6 November | Rs.2,906 per gram on 13 December |
| Trend | Decline | Incline | Incline |
| Change | -1.44% | 0.73% | 1.10% |
Gold Rate trend in Chhattisgarh for October 2017:
- The central Indian state of Chhattisgarh played host to a lot of price fluctuations during the month of October.
- When trading began in the state, gold was priced at Rs.3,040 per gram, which seemed to fall as local demand weakened amid a rising dollar.
- Towards the end of the second week, however, gold prices in Chhattisgarh began to soar – hitting a month high figure of Rs.3,059 per gram on the 14th and the 15th.
- A poor local demand from jewellers in spite of the soon approaching festive season caused gold rates to plummet as the month dragged on.
- After considerable fluctuations, gold price in Chhattisgarh hit their lowest monthly rate on the 31st, trading at Rs.2,996 per gram.
- Prices were seen continuing a declining trend for much of this month, which happened to the tune of 1.44%.
Gold Rate Trend in Chhattisgarh for November 2017:
- Gold trading in the state was on the positive side this month, thanks in part to a falling dollar and an increased demand from domestic investors.
- When the month began in Chhattisgarh, gold was priced at Rs.2,974 per gram. This, along with the rates on the 6th, was the lowest figure for the entire month.
- From the second week onwards, gold prices were largely on the incline thanks to increased buying from jewellers who ramped up purchases to meet festive demand.
- Gold rates between the 18th to the 20th – i.e., Rs.3,030 per gram – the highest for the month as demand was on the rise.
- However, as investors backed off slowly and demand reached saturation point, gold prices dipped towards the final few days of the month.
- The final day of November 2017 saw gold trading at Rs.2,996 per gram and there was a 0.73% incline in gold prices this month.
Gold Rate Trend in Chhattisgarh for December 2017:
- December’s gold trading continued the trend seen in the previous month. On the 1st, the yellow metal was priced at Rs.2,982 per gram.
- With the US administration announcing new tax laws, gold price in Chhattisgarh seemed to fall for the first few weeks.
- Gold hit its lowest for the month on the 13th when it traded at Rs.2,906 per gram as demand plummeted amidst a strong dollar.
- However, as the dollar trailed off due to various other concerns regarding Donald Trump administration, gold prices hit Rs.3,015 per gram over the final two days of the month.