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 Today Gold Rate per Gram in Ahmedabad

Before venturing out to sell your gold, you must know and understand today’s gold rate per gram in Ahmedabad. Since the prices are dynamic, researching the rates on the day of the transaction is imperative.

 Historical Price of Gold Rate in Ahmedabad

There has been a long-standing tradition of investing in gold in Ahmedabad. The market price has been affected by several domestic and international factors over the years.

24 Carat Gold Price in Ahmedabad 2021

Customers in Ahmedabad can enjoy some of the most attractive 24 Carat gold prices in 2021.

 24 Carat Gold Price in Ahmedabad 2020

The market rate of gold has been affected by several domestic and international factors over the years, especially in 2020 due to COVID-19.

 22 Carat Gold Price in Ahmedabad 2021

The 22 carat gold rate in Ahmedabad enables customers to sell their gold and get the maximum value in 2021.

 22 Carat Gold Price in Ahmedabad 2020

The price of 22 carat gold in Ahmedabad saw some interesting trends in 2020.

 Factors That Influence Gold Rate in Ahmedabad?

Gold rate in Ahmedabad is affected by several domestic and international factors including crude oil prices and economic conditions. Here are some of them in detail:

  1. Inflation: Market fluctuations are an intrinsic factor in deciding the gold price in Ahmedabad. As the demand increases, the price of gold in Ahmedabad, like the rest of India, rises according to the rate of inflation.
  2. Gold Reserves: The Reserve Bank of India holds gold reserves in the country. An influx in gold reserves is an indicator of an increased inflow of cash in the domestic market. This affects the price of gold in Ahmedabad significantly.
  3. Gold Market: Indians have a history and tradition of investing in gold jewellery, coins, etc. This causes heavy shifts in the demand and supply of gold, affecting its price. For example, during the wedding season, the demand for gold is high, so the price increases if the supply is short.

 Various Gold Investment Options Available in Ahmedabad

There are several ways of investing in gold in Ahmedabad. They are:

  1. Investing in gold jewellery: Investing in gold jewellery is an age-old tradition in India. They become great gifts and offer extensive financial security to the buyer. Since gold prices are always on the rise and require minimal maintenance, buying gold jewellery is considered to be a great investment option.
  2. Investing in Gold Coins or Gold Bars: Investing in gold jewellery is a popular option, but many prefer investing in gold coins or bars instead. This option saves them making charges which are applicable to gold jewellery. But customers should ensure to buy gold bars and coins only from reputed jewellers or registered banks.
  3. Investing in Gold ETF: Gold ETF or Exchange Traded Fund is a type of mutual fund which gives the customers the freedom to invest in gold in small quantities, or as per requirement. Gold ETFs can be sold anywhere in India with complete transparency at nominal charges.

How to Calculate Gold Rate in Ahmedabad?

A committee or an association decides the prevailing gold rate for the day. The members of such a committee are the top jewellers and traders of gold in Ahmedabad. The gold price is decided upon several factors such as local tariffs, duties, etc. If the government raises the duties and tariffs, the price of gold in Ahmedabad rises and vice versa. The government levies such duties to curb excessive consumption and maintain an equilibrium in the demand and supply of gold in the market.

How to Sell Old Gold Jewellery Ornaments in Ahmedabad?

Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery with Muthoot Gold Point involves the following steps:

Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.

Step 2: The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.

Step 3: The value, weight and purity of gold is checked on XRF machines before the customer.

Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold in Ahmedabad.

Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.

Muthoot Gold Point Logo

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

More then 4,200 Branches across India

Over 4,200 Branches across India

132 + years of Legacy

133+ years of legacy

Over 24,000 Employees Serving Millions of Customer

Over 24,000 employees serving millions of customer

Walk in of over 1,00,000 Customers Per Day

Walk in of over 1,00,000 customers per day

My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impress.. read more

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

I wanted to sell some gold jewellery to pay for the construction of my house – my contractor had cheated us. I saw the MGP advertisement on a government bus and decided to meet them as I was in great need. My earlier experience of selling the gold had not been good. But, the salesperson at MGP sat.. read more

Basvaraju

I can never forget Muthoot Gold Point. If I had not come to know about MGP at the right time, I could have lost everything. In family and business, money is tight, when you need it the most. At these times, if there is a provision to sell your gold, plot of land, house and silver, then you can mee.. read more

Srinarayan

I was looking to pay the last year’s fee for my eldest son’s engineering college, I did not have enough money. My wife asked me to sell all our gold jewellery and coins we had collected over the years. I went to some local jewellers and was shocked – they offered less than half of the value of the.. read more

Vijay Sharma

Amar Singh Testimonial on Muthoot Gold Point

When my father needed an emergency by-pass, I took all the jewellery and sold gold for cash, I had to MGP, straight away. I had dealt with them earlier also. The first time I took a loan was from them to set up my parlor four years ago. Luckily, i w.. read more

AMAR SINGH

Frequently Asked Questions


1. What is the Price of Gold Today in Ahmedabad?

Gold rate in Ahmedabad is dynamic and changes every day.

2. What is the Gold Price in Ahmedabad for 916 Hallmark Gold?

916 Hallmarked gold jewellery means that the gold has a 91.6 per cent purity. This is the highest level of purity available for gold since it is required to be mixed with alloy. You can check the rate of KDM 916 gold in Ahmedabad above.

3. What is the Price of 1 Gram Gold in Ahmedabad Today?

The rate of 1 gram gold in Ahmedabad is subject to change every day.

5. What International Factors Affect the Gold Rate in Ahmedabad?

The international factors that affect the gold price in Ahmedabad are:

  • Domestic and international economic policies
    1. Value of the currency
    2. Demand for gold worldwide
    3. Investment demand
    4. Gold production

    6. What is the Important Checklist for Selling Gold in Ahmedabad?

    Before selling gold, the first thing you need to know is the day’s 1 gram gold price in Ahmedabad. Apart from that, you should ensure that the seller is registered and reputed. All the cleaning and purity checks of the gold at the time of selling should be done before your eyes. Ask for the charges and fee, and get the amount in hand or disbursed in your account instantly.

    7. How to Check the Purity of Gold in Ahmedabad?

    Here are the things you must do to check the purity of Gold in Ahmedabad:

    1. Check if it has a BIS hallmark: If it is hallmarked, it means that its purity is checked by one of the licensed BIS labs.
    2. Check the purity in Carat or fineness: Check whether the gold has a purity mark (24k,22k,18k).
    3. Check the jeweller’s identification mark: A BIS certified jeweller will have their mark on the gold.

    8. Does the Gold Prices Fluctuate in Ahmedabad?

    Yes, gold prices in Ahmedabad are subject to fluctuations every day. They are affected by market conditions, government taxes and duties, economic policies, etc.

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      Muthoot Gold Point Branch Locations

      Visit Any of Our Branches to Sell Your Gold for Instant Cash

      • Bengaluru
      • Chennai
      • Coimbatore
      • Delhi
      • Ernakulam
      • Kolkata
      • Madurai
      • Mumbai
      • Noida
      • Trichy
      • Vijayawada

      Bengaluru

      Sell Gold for Cash in Bengaluru at Muthoot Gold Point

      No. 14, Sri Ramula Arcade, Jewellers Street, Near Commercial Street Police Station,
      Bengaluru - 560001, Tel: 804-2351234 & 9072031234

      Chennai

      Cash for Gold in Chennai at Muthoot Gold Point

      First Floor,Door No:214/9,Madley Road, Opp.T Nagar Bus Stand,
      T Nagar, Chennai, Tamil Nadu- 600017, Tel: +9144- 24366336

      Coimbatore

      Cash for Gold in Coimbatore at Muthoot Gold Point

      Ground Floor, Door No 323, NTR Complex, Raja Street,
      Coimbatore, Tamil Nadu 641001. Tel: +91422 2381234

      Madurai

      Sell Gold for Cash in Madurai at Muthoot Gold Point

      Ground Floor, Door No.27 A, Thottian Kinatru Street,
      Opposite Maravar Chavadi Pillaiyar Kovil Madurai Tamil Nadu 625001 India Phone: 0452-2350500

      Mumbai

      Sell Gold for Cash in Mumbai at Muthoot Gold Point

      To schedule a visit at your doorstep, please call us on given phone numbers -

      Phone: 7356534111/7034431122
      Email: mumbaimobilemgp@muthootexim.com

      Noida

      Sell Gold for Cash in Noida at Muthoot Gold Point

      Ground Floor, Plot No. 21, Block F, Sector 18 Gautam Budh Nagar Noida, Uttar Pradesh 201303

      Phone: 0120 429 6661

      Trichy

      Sell Gold in Trichy at Muthoot Gold Point

      1st Floor, Old No.25, New No.5 Opposite Axis bank Rock Fort Branch,
      Chinnakadai Street Trichy Tamil Nadu 620002 India Phone: 0431-2702200

      Delhi

      Cash for Gold in Delhi at Muthoot Gold Point

      Ground Floor, Shop No.5, Plot No – 2652/53,Stuti Building, Bank Street,
      Karol Bagh, Delhi 110005 Tel: +91 11 45539686

      Kolkata

      Sell Gold for Cash in Kolkata at Muthoot Gold Point

      Ground floor, 43 Ashutosh Mukherjee Road, Bhowanipur, Kolkata-700025,
      Near Netaji Bhavan Metro Station. Tel: +91-33-24868222, E-mail: bhowanipur@muthootexim.com

      Vijayawada

      Sell Gold in Vijayawada at Muthoot Gold Point

      Ground floor, Door No–27-14-59, Rajagopalachari Street ( East), Governorpet,
      Vijayawada – 520002, Andhra Pradesh. Tel: 0866-2973535

      Ernakulam

      Sell Gold in Ernakulam at Muthoot Gold Point

      Door No. 66/5410, First Floor, AVS , Building, M.G.Road, Near metro pillar no. 662
      Ernakulam Kerala 682035 India Phone: 0484 4862677 Email: ernakulam@muthootexim.com