Today Gold Rate in Chandigarh is Rs. 39,786.10 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Chandigarh is a union territory that serves as the capitals of the states of Punjab and Haryana. Being a major city of the North, the annual gold consumption of the city is quite high. Gold is bought in Chandigarh both as jewelry and as gold investments. People of the city buy gold jewelry in large amount and owing to this reason major jewelry brands are looking to expand their business in Chandigarh.
Though the consumption is mainly in the form of gold jewellery, but fact is that gold investment options in Chandigarh also act as a safety net for the future. There is no depreciation in value when it comes to gold investments, making it a very safe option and a hedge against the prevalent inflation.
The gold price in Chandigarh is constantly changing, and you can find out about the present rates either directly from dealers, or through various financial websites like PaisaBazaar.com. Gold bars, coins, or jewellery can also be used as collateral to avail various loans from banks as well.