Gold Price/Rate in Meghalaya Today

1. During the closing of the month, the price stood at Rs.13,235 per gram on the 31st. 

1. The highest gold price was recorded at Rs.13,750 per gram on 27th ,28th, and 29th December. 

1. The lowest price of gold for Meghalaya was Rs.12,663 per gram, on the 5th. 

1. Over the month, gold prices indicated a positive trend of 4.08% and reflected an overall upward trend in the market in the state of Meghalaya. 

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FAQs on Gold Rate in Meghalaya

• What are the factors that influence the gold prices in Meghalaya?

  In Meghalaya, the prices of gold depend on various factors like demand, inflation, interest rates, currency fluctuations, government policies, etc.

• What to check while buying gold in Meghalaya?

  The purity of gold is determined by a process called Hallmarking. So, when you are buying gold, make sure to check the hallmarking, Bureau of Indian Standards (BIS) logo, Jewellers' Identification Mark and Number.

• What are the different ways I can invest in gold in Meghalaya?

  The various forms of gold investment are physical gold, gold mutual funds, digital gold, gold ETFs, sovereign gold bonds, etc.

• What is 24 karat gold in Meghalaya?

  24 karat gold is 99.9% pure and is also known as pure gold since it has no traces of other metals. It is appropriate for investment purposes but not for jewellery since it is too soft and pliable.

• Do I have to pay any GST on gold in Meghalaya?

  Yes. You have to pay a GST of 3% on gold.

• Should I buy 22 karat gold or 24 karat gold in Meghalaya?

  Every piece of gold jewellery is made of 22 karat gold. If you wish to buy 24 karat gold, gold bars and biscuits are the ideal options.