Gold Price/Rate in Gujarat Today

Trend of Monthly Gold Rate in Gujarat for July 2025 

1. In Gujarat, the rate of 24 karat gold on 1st July was Rs.9,470 per gram, marking the starting point of the gold price. 

1. By 31st July, the price of gold increased to Rs.9,738 per gram. This shows that the price of gold went up by the end of the month as compared to the first day of the month. 

1. On 23rd July, the price of gold reached its highest point for the month, reaching a value of Rs.9,958 per gram for 24 karat gold.  

1. The gold price dropped to its lowest price point at Rs.9,559 per gram and the price was recorded on 9th July. 

1. The overall percentage change for July shows an increase of 2.82%, indicating a gain in gold's value throughout the month. 

Historical Gold Price in Gujarat

Gold investment avenues in Gujarat

Gold is viewed as an excellent investment tool in Gujarat, with residents purchasing it in a bid to diversify their investment portfolios.

Over-the-counter - Jewellery accounts for a major portion of gold investments in Gujarat, with a majority of residents in small towns choosing jewellery over other forms of the precious metal. Jewellery stores across Gujarat cater to different budgetary needs, offering competitive rates to customers. Gold bars and coins are generally purchased by serious investors looking for long term solutions and are available at major jewellery stores and banks. Coins and bars sold by banks are generally a bit more expensive due to their comprehensive quality checks and assurances.

Market trade - Exchange Traded Funds (ETFs), E-gold and futures contracts are some of the popular trading options for gold investors in Gujarat. Tech savvy and young investors are opening up to the idea of market trade, with ETFs growing fast, thanks to their ease of trading and ability to offer good returns on investment. E-gold can be traded through the National Spot Exchange Limited, offering flexibility to traders. Futures contracts are designed to protect investors against market fluctuations, providing them with an opportunity to take delivery of gold on a predetermined date at an agreed upon rate.

How is 22 Carat Gold Different from 24 Carat Gold?

The differences between 22 carat gold and 24 carat gold are mentioned below:

1. The purity of 24 carat gold is 99.9%, while the purity of 22 carat gold is 91.6%.
2. When compared to 24 carat gold, 22 carat gold is cheaper.
3. 24 carat gold is not used for making jewellery, only 22 carat gold is used.

Factors that Affect Gold Rates in Gujarat

The main factors that affect gold rates in Gujarat are mentioned below:

1. Local Factors: Several local factors such as government duties and government tariffs affect gold rates. It is important that you check the prices of gold before purchasing.
2. Policies: In case any unfavoucrable policies are introduced, gold prices increase in Gujarat.
3. Demand for Gold: In case the demand for the yellow metal is low, the prices fall. If the demand for gold is high, the prices increase.
4. Interest Rates: In case interest rates are increased, gold is sold by investors.

Investment of Gold in Gujarat

The different ways by which you can invest in gold are mentioned below:

1. Commodity Exchange
2. Coins
3. Bullion
4. Jewellery

Things to Consider when Purchasing Gold in Gujarat

Some of the things that must be considered when you purchase gold in Gujarat are mentioned below:

1. It is important to purchase gold that is hallmarked. The hallmark symbol will ensure that you are purchasing pure gold.
2. It is vital that you check the mark movement before you purchase gold. Picking up gold at low prices will help in the long run. Checking the market movement will help in picking up gold at a lower rate.

Also, check - Silver price in Gujarat