Today Gold Rate Motihari – February 18, 2025
Gold has always been a significant investment and a symbol of wealth in India. Staying updated with the latest gold prices helps investors and consumers make informed decisions. Below are the current gold rates in Motihari:
| Gold Purity | Price per Gram (₹) | Price per 10 Grams (₹) |
|---|---|---|
| 24 Karat | ₹8,500 | ₹85,000 |
| 22 Karat | ₹7,970 | ₹79,700 |
Note: Gold prices are subject to change based on market fluctuations. It’s advisable to check with local jewelers for the most accurate rates.
Frequently Asked Questions
1. What factors influence gold prices in Motihari?
Gold prices in Motihari are influenced by various factors, including international market trends, currency fluctuations, local demand and supply, and import duties. Global economic conditions and geopolitical events can also impact gold prices.
2. Is 24K gold a good investment?
24K gold, being 99.9% pure, is considered a good investment, especially for those looking to preserve wealth. However, it’s essential to consider factors like market conditions, storage, and liquidity before investing.
3. How can I ensure the purity of gold while purchasing?
To ensure the purity of gold, look for BIS (Bureau of Indian Standards) hallmarking on the jewelry or bullion. This certification guarantees that the gold meets the specified purity standards.
4. What is the difference between 22K and 24K gold?
24K gold is 99.9% pure and is typically used for investment purposes like coins and bars. 22K gold contains 91.6% pure gold mixed with other metals, making it more durable and suitable for jewelry.
5. Are gold prices the same across all cities in India?
No, gold prices can vary from city to city due to factors like local taxes, transportation costs, and demand-supply dynamics. It’s essential to check the prevailing rates in your specific city before making a purchase.
6. How often do gold prices change?
Gold prices can change multiple times within a day based on market conditions, international gold rates, and currency exchange rates. It’s advisable to monitor the prices regularly if you’re planning to buy or sell gold.
7. What is the making charge on gold jewelry?
Making charges are the fees charged by jewelers for crafting gold jewelry. These charges can vary based on the complexity of the design and the jeweler’s policies. It’s usually a percentage of the gold’s weight or a fixed amount per gram.
8. Can I sell my old gold jewelry?
Yes, you can sell your old gold jewelry to jewelers or gold buyers. The resale value will depend on the current gold rate, the purity of the gold, and any applicable deductions for impurities or damage.
9. What is the GST rate on gold purchases in India?
As of now, the Goods and Services Tax (GST) on gold jewelry is 3% on the value of the gold. Additionally, a 5% GST is levied on the making charges.
10. Is it better to invest in physical gold or digital gold?
Both physical and digital gold have their advantages. Physical gold offers the satisfaction of tangible ownership and is preferred for personal use and traditional investments. Digital gold provides convenience, eliminates storage concerns, and allows for smaller investments. Your choice should depend on your investment goals and preferences.