Gold Rate in Nizamabad

Today’s Gold Rate in India
22 Karat
45,690Per 10g of 22k Gold

Today 24 Carat Gold Price in Nizamabad – Updated

Gram 24 Carat Gold Today 24 Carat Gold Yesterday
Daily Price Change
1 gram ₹4,786 ₹4,787 ₹ -1
8 gram ₹38,288 ₹38,296 ₹ -8
10 gram ₹47,860 ₹47,870 ₹ -10
100 gram ₹4,78,600 ₹4,78,700 ₹ -100

Today 22 Carat Gold Price in Nizamabad – Updated

Gram 22 Carat Gold Today 22 Carat Gold Yesterday Daily Price Change
1 gram ₹4,686 ₹4,687 ₹ -1
8 gram ₹37,488 ₹37,496 ₹ -8
10 gram ₹46,860 ₹46,870 ₹ -10
100 gram ₹4,68,600 ₹4,68,700 ₹ -100

Today Gold Rate In Nizamabad :

Gold RateEven though gold is a popular item among Indians, the price of gold has risen more slowly in Nizamabad than in past years. The price of gold in Nizamabad has constantly been rising as a result of increased demand. In Nizamabad, the current gold price is much higher than Rs. 2,700 per gramme, demonstrating that the sector is profitable. International norms govern the gold rate in Nizamabad.

Like the rest of the country, Nizamabad locals buy gold for use in jewellery and ornaments and they have a long history of banking through the investing of their gold. As a result, the Nizamabad considers gold to be a safe bet.

Compare 22k & 24k Gold Rate in Nizamabad

Gold Today Yesterday Rate Change
Standard Gold (22 K) ( 1 gram ) ₹ 4,610 ₹ 4,560 ₹ 50 ↑
Standard Gold (22 K) ( 8 grams ) ₹ 36,880 ₹ 36,480 ₹ 400 ↑
Pure Gold (24 K) ( 1 gram ) ₹ 5,030 ₹ 4,976 ₹ 54 ↑
Pure Gold (24 K) ( 8 grams ) ₹ 40,240 ₹ 39,808 ₹ 432 ↑

Last 10 Days Gold Rates

24 July 2021 Rs. 4,686.00 Rs. 46,860 Rs. 4,786.00 Rs. 47,860
23 July 2021 Rs. 4,687.00 Rs. 46,870 Rs. 4,787.00 Rs. 47,870
22 July 2021 Rs. 4,690.00 Rs. 46,900 Rs. 4,790.00 Rs. 47,900
21 July 2021 Rs. 4,712.00 Rs. 47,120 Rs. 4,812.00 Rs. 48,120
20 July 2021 Rs. 4,730.00 Rs. 47,300 Rs. 4,830.00 Rs. 48,300
19 July 2021 Rs. 4,704.00 Rs. 47,040 Rs. 4,804.00 Rs. 48,040
18 July 2021 Rs. 4,719.00 Rs. 47,190 Rs. 4,819.00 Rs. 48,190
17 July 2021 Rs. 4,720.00 Rs. 47,200 Rs. 4,820.00 Rs. 48,200
16 July 2021 Rs. 4,735.00 Rs. 47,350 Rs. 4,835.00 Rs. 48,350
15 July 2021 Rs. 4,709.00 Rs. 47,090 Rs. 4,809.00 Rs. 48,090


Gold Rate in Nizamabad

Gold is an important commodity in Nizamabad, as well as the rest of India. Global influences influence gold prices in Nizamabad. Gold prices are very unpredictable for various reasons, including the strength of the US dollar and seasonal demand. Gold is also commonly used for jewellery and adornment in Nizamabad.

Rather than using banks, Indians have always used gold as a form of payment. As a result, everybody interested in gold in Nizamabad has a long-term investment strategy. Nizamabad’s major and small gold merchants, who specialise in precious metals, are the backbone of the local gold trade.

List of banks providing gold loan in Nizamabad

Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min – Max Loan Amount
₹ 3,506 to ₹ 4,621 0.099 3 to 24 months ₹ 10 thousand to 5 crore
Private Gold Loan ₹ 3,506 to ₹ 4,621 0.1 6 to 12 months ₹ 10 thousand to 5 crore
₹ 3,506 to ₹ 4,621 0.12 7 days to 36 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1225 12 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1025 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1 3 to 36 months ₹ 10 thousand to 5 crore
SBI Gold Loan ₹ 3,506 to ₹ 4,621 0.0975 12 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.075 3 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 10 thousand to 5 crore
IIFL Gold Loan ₹ 3,506 to ₹ 4,621 0.12 11 months ₹ 3 thousand to 50 lakh

How are Gold Rates Decided?

The Malabar gold rate in Nizamabad is driven by global trends, which are influenced by various factors ranging from the strength of the Indian rupee to seasonal gold demand. Nizamabad’s gold is primarily used for jewellery because gold is a part of many Indian ceremonies.

The price of 22-carat gold in Nizamabad increased dramatically in 2017 and continues to rise. If you’re looking for a secure haven, gold is an excellent choice.

How do Gold Traders Determine Future Gold Prices in Nizamabad?

Several factors determine the current gold rate in Nizamabad. A variety of factors can cause differential pricing. When projecting the gold rate in Nizamabad, investors, on the other hand, take into account a few factors:

  • The price of other precious metals influences the price of gold in Nizamabad: As a result, city investors keep a close check on the prices of other metals. The current gold rate in Nizamabad and other cities may be found on the internet. The rupee exchange rate represents the influence of imports and exports on our currency.
  • As a result, the gold rate in Nizamabad is affected by fluctuations in the rupee exchange rate. As a result, the gold rate in Nizamabad is heavily influenced by the exchange rate.

What Leads to the Increment of Gold Rates When the Stock Market Falls?

Nizamabad investors turn to gold when all other options have been exhausted. When the stock market declines, investors begin to withdraw their funds. Some people place their money in fixed deposits or precious metals like gold and silver as a safe investment.

Gold is regarded as a safe and profitable investment option by investors all over the world. One of the reasons gold is so popular among investors is that its value does not diminish. On the other hand, the stock market experiences ups and downs, and stock values change for a variety of reasons.

Impact of GST on Gold Rates in Nizamabad

In recent years, gold prices have been erratic, especially after India imposed the Goods and Service Tax (GST). The advent of GST has had an impact on the gold rate in Nizamabad as well as global trends. This means that gold jewellery will now be taxed at a rate of 3%, in addition to the current rates of 1.5 per cent VAT and 1% excise fee. After introducing GST, taxation has been simplified, with final jewellery bills now including a 3% GST, a 10% customs duty, and a 5% processing charge. The entire cost increased by 1.6 per cent, resulting in a minor increase in Nizamabad’s gold rate today but no influence on sales.

Impact of Central Bank Policies on Nizamabad Gold Rate?

Gold Rate in Nizamabad

The central bank oversees the country’s financial and banking services and the government’s currency and monetary policy. The central bank’s monetary policy determines the gold rate in Nizamabad and throughout the country. The central bank regulates all policies, and its actions have a considerable impact on gold prices. Due to their large gold inventories, gold mining companies and banks have complete control over the gold market.

When banks buy or sell gold or when mine owners reduce or increase gold production, the gold rate in Nizamabad varies. When a central bank’s gold reserves are depleted, it has two choices: buy more gold or demand more gold.

Gold as an Investment in Nizamabad

The gold investment portfolio’s consistency is well-known. Indians believe that investing in gold will provide them with long-term financial benefits. Gold jewellery, decorations, gold coins, and billions are prized possessions in Nizamabad’s eyes, and the city is recognised as a haven for them. It’s also used to trade a variety of products. Several jewellers in Nizamabad sell real gold jewellery for investment or personal use. Because gold prices fluctuate every day, you should double-check on that day as well.

How Can You Make Gold Investments in Nizamabad

Consider gold coins, which are available in two karats: 22 and 24. Depending on the karat, purity standards range from 92 per cent for 22 carats to 99.99 per cent for 24 carats. Purchases can be made at banks, major and small businesses, and dealers in Nizamabad. The purpose of purchasing a gold coin is to either give it as a gift at weddings or festivals or sell it once the price has grown over the amount paid for it to meet your financial objectives.

Gold Ornaments & Jewelry Investing – Gold ornaments and jewellery are trendy in India. They can be used as both an investment and a gift for loved ones at festivals and weddings. Many gold things are given to the bride and groom, which they might wear on special occasions or save for later. The jeweller will consider manufacturing and labour costs and current market gold rates, which are the metal’s true value when acquiring jewellery. To get the best exchange rate, buy certified jewellery and subtract the manufacturing costs.

Gold bullions – In terms of size, gold bullion and gold coins are vastly different. They’re frequently bought in kilogrammes. They are used to make high-value items and are usually in the shape of bars or slabs. They are purchased at the city’s current gold price. They’re a good investment, especially if you want to get returns that are equal to or more than the cost of the investment.

Exchange-Traded Funds (ETFs) – You can keep your money safe without having to carry it everywhere if you invest in gold exchange-traded funds (ETFs). If you need money right now, you can instantly trade them for cash.

Gold Schemes To Invest in Nizamabad

People who want to save money for special occasions such as weddings, anniversaries, and other celebrations should consider gold-savings schemes. On Nizamabad, there are several gold-buying programmes that you might find useful. This service is provided by some of Nizamabad’s most well-known jewellers.

The interest rate on these programmes, on the other hand, is determined by the current gold rate in Nizamabad as well as the interest rate. When purchasing the precious metal, look for manufacturing cost discounts. Don’t expect a lot of freebies, though. From the moment you invest in the plan, your money will be locked up.

Some Interesting Facts on Gold

Here’s a quick rundown of gold information to remember if you’re a trader.

  • Gold is a metal that resists oxidation.
  • Gold is softer than other metals, and 1g of the precious metal can be easily broken with a hammer.
  • Gold becomes more difficult to work with when it is alloyed with other metals.

Things to Consider Before Buying Gold Jewelry in Nizamabad

  • Purity -It isn’t easy to buy gold without first determining its purity. If you’re buying jewellery or ornaments, be sure they’re made of 22-carat gold that’s 92 per cent pure. There is also 14-carat gold jewellery with a purity level of 58.33 per cent and 18-carat gold jewellery with a purity level of 75 per cent available.
  • Its weight determines the price of gold jewellery – The weight and expense will probably increase as the number of stones climbs.
  • Request a purity certificate from your dealer if you want to be sure your gold is genuine. You can exchange the certificate for cash at any time in the future at the current market price.

Factors that Influence Gold Prices in Nizamabad

  • International market fluctuations are one of the most important variables influencing gold prices across the country. If gold prices rise around the world, so will the gold rate in Nizamabad.
  • During the festival season, the increase in demand and supply significantly impacted the gold rate in Nizamabad and across the country. Diwali, wedding season, dhanteras, and other festive occasions are especially popular. When the rupee’s value rises against other currencies throughout the world, gold prices fall.
  • As the rupee’s value rises against other currencies throughout the world, gold prices fall, and vice versa. India buys gold from other countries.

KDM and Hallmarked Gold in Nizamabad

  • The Bureau of Indian Requirements (BIS) issues a quality certificate based on international purity standards. To determine this, the purity levels of the gold and the composition of the alloying metal were used.
  • KDM is a gold alloy that contains 92 per cent gold and 8% cadmium. The technique for making the alloy is as follows. In the making of jewellery, older materials are still used. Despite this, cadmium is now combined with gold, resulting in KDM due to the varying melting points of the two metals, gold and solder material.

Understanding 916 Gold Price Today in Nizamabad

Even though this is one of the most often asked questions, finding an answer may be challenging. Consider the impact of global trends on the price of 916 gold in Nizamabad. Currency fluctuations, such as the US dollar’s exchange rate against other currencies have an impact. 916 gold is the Indian name for 22 karat gold.

The import tariff rate, among other things, influences today’s gold prices in Nizamabad. A lower gold rate in Nizamabad entails a reduced import tariff and vice versa. The price of gold in Nizamabad is falling as the government cuts the import tax.

Aside from municipal taxes, gold prices in Nizamabad are influenced by several other factors. Even though every reason impacting the gold rate in Nizamabad cannot be discussed in detail, investors can buy gold when the current gold rate in Nizamabad is low and sell when the current gold rate in Nizamabad rises.

Best Place to Buy Gold in Nizamabad

Those who want to buy or invest in gold can do it in a variety of ways. The most recent gold rate in Nizamabad can be found on the internet. Those interested in purchasing or investing in gold can do it in a variety of ways. On the internet or in the newspaper, you may find the most recent gold rate in Nizamabad. Other stores can be found across the city’s many districts. You can, however, buy gold from any Nizamabad company that is currently offering the best gold price.

You can acquire a gold loan right away if you have gold on hand. Because you’re getting a gold loan using your own gold, the terms are less rigorous, giving the Gold Insurers more security. Make certain, however, that you have sufficient funds to repay the loan. The insurance company may confiscate the entire value of the gold if you do not return it. You’d also lose the gold you’d placed on the line as a bet.

A gold loan typically lasts 11 months. Gold loans are available from several gold insurance firms and banks. You can buy gold via a bank or an insurance provider after researching the gold rate in Nizamabad and across India. Visit Dialabank for further information.

What are the Advantages and Disadvantages of Sovereign Gold Bond Scheme

The advantages are as following:

  • The Sovereign Gold Bond Scheme is offered in both Demat and paper formats.
  • The backing of the government for such programmes is a huge plus.
  • You won’t have to worry about its security, unlike physical gold, because it can be stored digitally.
  • Because the bonds are in paper or electronic form, you don’t have to be concerned about the gold quality.

The disadvantages are as followed:

  • You will lose a considerable amount of money if the gold rate in Nizamabad today falls after you make your transaction. You will be unaffected by price variations if you choose a long-term plan.
  • Converting gold bonds to real gold takes time. Furthermore, if you want to use gold for personal reasons, bonds may not be the best option.

Gold Vs. Mutual Funds

Less complicated
Greater market risk Involved
Based on global and few other factors it is easier to get a rough idea of the gold rates
Options to invest in Equity linked saving scheme (ELSS), Equity mutual funds, debt fund, liquid funds, etc.
Gold Funds and Gold ETFs
More opportunity cost
Less opportunity cost

Latest News on Gold Rate in Nizamabad


According to an analyst, the yellow metal is showing symptoms of weakness after hitting a 5-month high on Tuesday; take advantage of this buying opportunity. MCX Gold and Silver Trading Strategy – At this moment, MCX August Gold Futures were trading at Rs 49,430 per 10 gramme, down around Rs 171 or 0.34 per cent from the previous closing price on Wednesday. Gupta suggested buying gold futures at Rs 49,300. The stop loss is set at Rs 49,000, and the target price is set at Rs 49,800.


Natural, corrective pauses are occurring in gold and silver price uptrends. Gold and silver prices are marginally higher in mid-day U.S. trade on Wednesday. The two metals are regular pauses or corrections on the charts following gold’s five-month peak on Tuesday. On daily bar charts, both metals’ technical postures are completely bullish, with price uptrends obvious. Gold futures for August rose $1.50 to $1,905.20 per ounce, while silver futures for July rose $0.058 to $27.16 per ounce on the Comex.


In Nizamabad, how much does 916 hallmark gold cost?

In Nizamabad, 916 hallmark gold costs 45,900 rupees. The cost of 916 KDM gold is comparable to 22-carat hallmark gold.

In Nizamabad, what is the current price of one gram of gold?

In Nizamabad, one gramme of gold is worth 5,010 for 24 carats and 45,900 for 22 carats.

What is the price of 23-carat gold in Nizamabad?

The price of 23-carat hallmark gold in Nizamabad is 50,100 rupees.

What factors contribute to determining the current gold rate in Nizamabad 916?

The gold rate in Nizamabad is influenced by interest rates in developed countries and gold demand, with lower demand leading in lower prices and higher demand leading in higher prices. Government gold tariff limits and local government tariffs also influence the gold rate in Nizamabad.

What is the most crucial checklist to keep in mind when buying gold in Nizamabad?

When buying gold in Nizamabad, keep the following in mind:

  • Examine the per-gram pricing to ensure you’re not overpaying for gold. Make sure you acquire the price from a respectable and reliable source, though.
  • Before purchasing gold, a buyer should be aware of the various purity parameters, such as 24 carats or 100% gold and 22 carats or 91.6 per cent gold.
  • Compare purity levels, pricing, and gold usage to determine which is ideal for you. Determining the metal’s quality and purity is the most important step in obtaining gold certification. On the gold you’re buying, look for a hallmark or the BIS seal.

About Nizamabad

Nizamabad is a well-known district in Telangana, located roughly 175 kilometres northwest of Hyderabad. The name Nizamabad (Nizam-a-badi) comes from the Nizam of Hyderabad, Asaf Jahi VI, who ruled Deccan during the 18th century A.D. INDUR was the original name of the district, which was named after King Indradatta, who controlled this region in the 5th century A.D. INDUR became a district during the Prime Ministership of Sir Salar Jung-I in 1876 A.D., when the district in the Nizam’s Dominion was reorganised.