Today Gold Rate in Kolkata is Rs. 34,213.90 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Gold is a preferred commodity and investment instrument in Kolkata. As a society, Indians have been fond of gold for long. Apart from its shiny appearance, gold has been able to gain such an important position in our society because of its characteristics which include the fact that it doesn’t rust and is scarce compared to other popular metals and relatively cheaper gold rate in Kolkata. Through our folklore and traditions, gold has paved a way into our temples and homes gaining a sacred position in our society. These are the precise reasons because of which gold is a preferred investment tool in Kolkata.
Gold is known to act as a backup of a person in time of a financial crisis or an emergency or when the local and global market inflation rises. Rise in inflation is always anti-proportional to Kolkata’s gold prices. This investment belief stems from the fact that gold prices typically rise with time and so gold is considered a safe and judicious, profit-earning investment. Additionally, along with gold coins, bars and biscuits, gold ETFs and sovereign bonds are also an investment option for the gold buyer in Kolkata today. However, one should be careful before buying gold and may ask for hallmarked gold, the purity of which has been checked and verified by a certified government centre.