Jun 11
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Gold Rate in Jharkhand
Jharkhand is a Northern state in India which is is said to be very rich in culture and boasts of one of the most ancient but renowned universities of India, Nalanda. The state is very well established in terms of language and artistry and are said to be consisting a population that has a very simple taste and lead a humble lifestyle, but when it comes to jewelry, gold is an auspicious part of their day to day life. A woman from the state is often seen wearing some sort of gold ornament even if it is the form of a nose ring. However, in Jharkhand 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 Jharkhand for January 2018 to March 2018 (per gram of 24 karat gold)
| Factor | January | February | March |
| 1st day | Rs.3,090 per gram | Rs.3,146 per gram | Rs.3,143 per gram |
| Last day | Rs.3,127 per gram | Rs.3,163 per gram | Rs.3,169 per gram |
| Highest price | Rs.3,172 per gram on 25 January | Rs.3,191 per gram on 18 and 19 February | Rs.3,198 per gram on 25 and 26 March |
| Lowest price | Rs.3,088 per gram on 5 January | Rs.3,105 per gram from 11 and 13 February | Rs.3,132 per gram on 18 and 19 March |
| Trend | Incline | Incline | Incline |
| Change | 1.19% | 0.54% | 0.82% |
Gold Rate Trend in Jharkhand for October 2017 to December 2017 (per gram of 24 karat gold)
| Factor | October | November | December |
| 1st day | Rs.3,109 per gram | Rs.3,071 per gram | Rs.3,074 per gram |
| Last day | Rs.3,091 per gram | Rs.3,085 per gram | Rs.3,098 per gram |
| Highest price | Rs.3,138 per gram from 12 to 17 October | Rs.3,123 per gram on 20, 25 and 26 November | Rs.3,098 per gram on 30 and 31 December |
| Lowest price | Rs.3,079 per gram from 27 to 29 October | Rs.3,035 per gram 18 November | Rs.3,001 per gram on 12 and 13 December |
| Trend | Decline | Incline | Incline |
| Change | -0.57% | 0.45% | 0.78% |
Gold Rate Trend in Jharkhand for October 2017:
- Gold prices in Jharkhand fell for the month of October, but the extent of the fall was relatively lower compared to other states in the country.
- When the month began, the precious 24K metal was priced at Rs.3,109 per gram. As the days progressed, prices seemed to fluctuate quite a bit and rates hit a monthly high figure of Rs.3,138 per gram on the 12th of October.
- Due to steady demand, gold prices continued at this rate till the 17th of the month.
- However, towards the last two weeks, gold rate in Jharkhand saw a considerable decline due to unusually poor demand from jewellers, particularly during the festive season.
- Gold was at its lowest point for the month from the 27th to the 29th when it traded at Rs.3,079 per gram.
- Overall, there was a 0.57% decline in prices, owing to low demand during the festive season, which fell around the final few days of the month.
Gold Rate Trend in Jharkhand for November 2017:
- Gold prices for November began with the metal trading at Rs.3,071 per gram and improved over the subsequent days.
- The highs, however, came just after the lows which occurred on the 18th when the metal traded at Rs.3,035 per gram.
- Gold traded at its highest for the month on the 20th, 25th and the 26th when the prices were recorded at Rs.3,123 per gram.
- Rates fell over the remaining few days and consolidated to end the month at Rs.3,085 per gram – a 0.45% incline from the month’s starting point.
Gold Rate Trend in Jharkhand for December 2017:
- Gold rate in Jharkhand had fallen further when the month of December began with the metal being priced at Rs.3,074 per gram.
- Most of the month’s pricing was affected by the new tax structure introduced by US president Donald Trump, which brought about a brief rise in dollar rates after weeks of underperformance.
- The dollar, however, hit lows after a point which cause gold demand to increase as days passed.
- The lowest price this month was recorded on the 13th when it traded at Rs.3,001 per gram, while the highest price was recorded over the final two days of the month – Rs.3,098 per gram.
- A late flourish contributed to a gold price trends rising by 0.78% this month.
