The princely state of Jamnagar in recent days is referred to as India's Oil City primarily owing to the presence of Reliance Industries which has several oil refineries here. Maharaja Ranjitsinhji (Maharaja of Nawanagar) and Prince Duleepsinhji were popular cricketeers hailing from Saurashtra. The local Ranji and Duleep trophies in the world of cricket have been organized in their memory.
The Today Gold Rate Page in Jamnagar is an endeavour to inform investors and buyers of the prevailing market-rate. Rates mentioned on this page are sourced from credible jewellers and agencies across the city.
Jamnagar per gram Gold rate calculation:
Sify.com collates rates in Jamnagar from jewellers and local agencies including federations and sarafa associations. These agencies calculate rates at least two time a day - morning and evening. The rates are calculated on the basis of international price of gold and the prevailing Dollar rate. The agencies may also add refiner margins to arrive at the cost of 24 Karat gold alloy. Rates mentioned by jewellers may differ by a small margin owing to differences in business operation, logistics, and dealer margins.
Individal associations also shares prescriptive rates for lower purities such as 22 and 18 Karats. These rates include slight making charges which may include the cost of impurities such as Palladium, Platinum and Nickel required to make 22 Karat or 916 Karat Gold alloy. Individual jewellers may showcase rates higher or lower than the association' prescriptive rates owing to differences in business operations and added costs on security and logistics. Sify ensures that rates reflect near-market trends to ensures customers are empowered with latest market information.
You should also understand that rates quoted by adjacent jewellers in the same locality in Jamnagar can differ by a margin of a few rupees and hence for a satisfactory transaction comparing the single gram gold rate at the jeweller is advised. The prevailing Gold price for bullion, that is 24 Karat, and 22 Karat (916) can change at least two times in a day. The rates are symbolic of changes in international markets and national trends including US-Dollar-Indian Rupee volatility. Sify analyzes several market and economic trends related to buy-sell of Gold.
Jamnagar: Time-Trusted & Popular Gold Showrooms of Jamnagar:
Popular jewellers can be found at Chandi Bazaar Road in Kadiawad, and from the road extending from Swaminarayan Nagar upto Swastik Society. Goldsmiths and retailers can be found through the city including localities such as Lalapur, Premchand Seth Colony. The leading jewellers from the district includes Swarn Shikha Jewellers, Tanishq, Kalyan Jewellers, KD Jewellers and Navneet Jewellers.
Why subscribe to authentic rates:
Gold investment can help safeguard from inflation. Usually, an investment of 10-15 percent of financial portfolio is advised in the form of Gold. Gold, certainly has remained a favorite investment form for scores of Indians and can work wonders when done correctly. The information mentioned on this page empowers buyers to negotiate when it comes to gold and jewellery. In fact, even Rs 10 saved is Rs 10 earned.
Having latest and authentic rates can help buyers plan their investments much in advance. Knowing the latest rate also helps during a gold loan. The gold rates in Jamnagar is a way to enable customers access the latest and authentic gold rates. Another reader engagement from Sify.com is our frequent articles and insight columns with popular industry veterans and market experts. These insights offer readers information on when to buy gold and what rate to buy it at. Do bookmark this page or download Sify Gold rates app to track the latest gold rates for prominent cities across India.
Disclaimer: Sify.com showcases news, analysis and gold rates with the sole objective of financial prosperity for all. The rates mentioned may vary within the same city and readers are hence advised to consult with a registered financial advisor. For any complaints, feedback, opinions or to share experiences write to firstname.lastname@example.org with the subject – Gold / Bullion.