{"id":3625,"date":"2018-05-04T04:05:22","date_gmt":"2018-05-03T22:35:22","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=3625"},"modified":"2019-09-25T16:12:16","modified_gmt":"2019-09-25T10:42:16","slug":"gold-rate-jammu-kashmir","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/gold-rate-jammu-kashmir\/","title":{"rendered":"Gold Rate in Jammu and Kashmir"},"content":{"rendered":"<p>The demand for gold in Jammu and Kashmir peaks during the festival and wedding season, with jewellers across the state offering a plethora of options to residents. Gold has also been viewed as an excellent investment avenue in the state, serving a dual purpose for gold owners.<\/p>\n<div class=\"cta-section\">\n<h2>Gold Rate Trend in Jammu-And-Kashmir for January 2018 to March 2018 (per gram of 24 karat gold)<\/h2>\n<table class=\"table table-curved\">\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><strong>Factor<\/strong><\/td>\n<td style=\"text-align: left;\"><strong>January<\/strong><\/td>\n<td style=\"text-align: left;\"><strong>February<\/strong><\/td>\n<td style=\"text-align: left;\"><strong>March<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>1st day<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,010 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,077 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,113 per gram<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Last day<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,066 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,129 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,134 per gram<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Highest price<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,120 per gram on 24 and 25 January<\/td>\n<td style=\"text-align: left;\">Rs.3,161 per gram on 18 and 19 February<\/td>\n<td style=\"text-align: left;\">Rs.3,171 per gram on 25 and 26 March<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Lowest price<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,010 per gram from 1 to 3 January<\/td>\n<td style=\"text-align: left;\">Rs.3,035 per gram on 9 February<\/td>\n<td style=\"text-align: left;\">Rs.3,098 per gram on 19 and 20 March<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Trend<\/strong><\/td>\n<td style=\"text-align: left;\">Incline<\/td>\n<td style=\"text-align: left;\">Incline<\/td>\n<td style=\"text-align: left;\">Incline<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Change<\/strong><\/td>\n<td style=\"text-align: left;\">1.86%<\/td>\n<td style=\"text-align: left;\">1.68%<\/td>\n<td style=\"text-align: left;\">0.67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"text-align: left;\">Gold Rate Trend in Jammu and Kashmir for October 2017 to December 2017 (per gram of 24 karat gold)<\/h2>\n<table class=\"table table-curved\">\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><strong>Factor<\/strong><\/td>\n<td style=\"text-align: left;\"><strong>October<\/strong><\/td>\n<td style=\"text-align: left;\"><strong>November<\/strong><\/td>\n<td style=\"text-align: left;\"><strong>December<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>1st day<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,063 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,006 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,016 per gram<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Last day<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,026 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,026 per gram<\/td>\n<td style=\"text-align: left;\">Rs.3,020 per gram<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Highest price<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,072 per gram from 12 to 16 October<\/td>\n<td style=\"text-align: left;\">Rs.3,060 per gram from 18 to 20 November<\/td>\n<td style=\"text-align: left;\">Rs.3,036 per gram from 2 to 4 December<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Lowest price<\/strong><\/td>\n<td style=\"text-align: left;\">Rs.3,026 per gram on 27, 30 and 31 October<\/td>\n<td style=\"text-align: left;\">Rs.3,006 per gram on 1 November<\/td>\n<td style=\"text-align: left;\">Rs.2,910 per gram on 11 to 13 December<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Trend<\/strong><\/td>\n<td style=\"text-align: left;\">Decline<\/td>\n<td style=\"text-align: left;\">Incline<\/td>\n<td style=\"text-align: left;\">Incline<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><strong>Change<\/strong><\/td>\n<td style=\"text-align: left;\">-1.20%<\/td>\n<td style=\"text-align: left;\">0.66%<\/td>\n<td style=\"text-align: left;\">0.13%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Gold Rate Trend in Jammu and Kashmir for October 2017:<\/h3>\n<ul>\n<li>Gold was priced at Rs.3,063 per gram in Jammu and Kashmir when trading began for the month of October.<\/li>\n<li>Prices began to drop as the markets recovered, leading to a decline in demand for gold due to the increased cost of importing the metal.<\/li>\n<li>The lack of stable local demand in spite of the festive season led to a further decline in the price, with <a href=\"https:\/\/www.antworksmoney.com\/blog\/auspicious-days-to-buy-gold-in-2018\/\">gold trading<\/a> at Rs.3,028 per gram on 6 October.<\/li>\n<li>The onset of Diwali and the Indian wedding season also failed to have much of an impact on the price of gold.<\/li>\n<li>Prices in fact fell to their lowest of the month, trading at Rs.3,026 per gram from 27-31 October.<\/li>\n<li>The sharp decline in the price of gold can be attributed to weak demand as well as market forces, as gold registered a drop in value of 1.20% over the course of the month.<\/li>\n<\/ul>\n<h3>Gold Rate Trend in Jammu and Kashmir for November 2017:<\/h3>\n<ul>\n<li>The month began with gold prices at Rs.3,006 per gram as equity markets surged on positive cues and local demand stagnated due to a high U.S. Dollar rate.<\/li>\n<li>A minor drop in the dollar rate due to geopolitical tensions led to a spurt in demand from gold from the local market, with jewellers increasing orders ahead of the wedding season.<\/li>\n<li>Prices rose to Rs.3,060 per gram by 18 November as markets stumbled in the face of the new tax policy.<\/li>\n<li>Local retail demand also picked up in the face of favourable conditions as markets continued to trade low due to the implications of the new tax policy.<\/li>\n<li>The recovery of the dollar led to a drop in demand for gold once again, as Asian markets reduced orders over fears of an economic slowdown.<\/li>\n<li>The slump in prices persisted till the end of the month, when gold prices rose marginally.<\/li>\n<li>Gold was priced at Rs.3,026 per gram on 30 November after a further slump in demand due to high dollar rates.<\/li>\n<li>Due to the decline in price towards the end of the month, gold prices registered an increase of 0.66% over the course of \u00a0the month.<\/li>\n<\/ul>\n<h3>Gold Rate Trend in Jammu and Kashmir for December 2017:<\/h3>\n<ul>\n<li>The month of December began with gold priced at Rs.3,016 per gram, with prices falling marginally due to the continued strong performance by the dollar index.<\/li>\n<li>There was a quick recovery as gold rose to trade at Rs.3,036 per gram on 2 December as the dollar plunged due to the political turmoil over the investigation into the U.S. President.<\/li>\n<li>Prices fluctuated as industrial demand was muted but sporadic local demand kept prices from falling too drastically.<\/li>\n<li>Market uncertainty also helped boost prices towards the middle of the month, but this was short-lived as the dollar index recovered and resulted in fewer gold orders.<\/li>\n<li>The month ended with gold priced at Rs.3,020 per gram on 31 December, resulting in gold recording a 0.13% incline over the course of the month.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The demand for gold in Jammu and Kashmir peaks during the festival and wedding season, with jewellers across the state offering a plethora of options to residents. Gold has also been viewed as an excellent investment avenue in the state, serving a dual purpose for gold owners. Gold Rate Trend in Jammu-And-Kashmir for January 2018 &hellip; <a href=\"https:\/\/www.antworksmoney.com\/blog\/gold-rate-jammu-kashmir\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gold Rate in Jammu and Kashmir&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3625","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Gold Rate in Jammu and Kashmir - Antworks Money<\/title>\r\n<meta name=\"description\" content=\"Gold Rate in J&amp;K - The demand for gold in Jammu and Kashmir peaks during the festival and wedding season, with jewelers...\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.antworksmoney.com\/blog\/gold-rate-jammu-kashmir\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Gold Rate in Jammu and Kashmir - 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