Today’s Gold Rate in Vadodara

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Today Gold Rate in Vadodara is Rs. 43,405.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)

Rs. 43,405.00

( 24 Karat, 10 grams )
24 Karat, 10 grams
Gold Price for Today Rs. 43,405.00
Gold Price for Yesterday Rs. 43,675.00

22 Karat, 10 grams
Gold Price for Today Rs. 40,490.00
Gold Price for Yesterday Rs. 40,712.00
हिंदी में पढ़े
Updated: 11-02-2020 13:21:47 PM

Vadodara is the third largest city in the state of Gujarat and is very famous for some of the major attractions including the Lakshmi Vilas Palace and a number of industries. Many large industries have set foundation for other small scale industries. Vadodara is also renowned for some of the cultural and educational initiatives. The city is considered to be cash rich and people staying in Vadodara are prosperous. During the wedding season and other festivals, people are interested in buying and investing in gold and gold-made ornaments. This hold true for both rural and urban population of Vadodara.

Trend of Gold Rate in Vadodara for last 10 days


Date24 Karat Gold Rs / 10 gm22 Karat Gold Rs / 10 gm
27th March 2020 Rs. 43,405.00 Rs. 40,490.00
26th March 2020 Rs. 43,675.00 Rs. 40,712.00
25th March 2020 Rs. 41,615.00 Rs. 39,727.00
24th March 2020 Rs. 41,165.00 Rs. 39,295.00
23rd March 2020 Rs. 40,645.00 Rs. 38,800.00
22nd March 2020 Rs. 40,645.00 Rs. 38,800.00
21st March 2020 Rs. 40,645.00 Rs. 38,800.00
20th March 2020 Rs. 41,095.00 Rs. 39,229.00
19th March 2020 Rs. 41,045.00 Rs. 39,181.00
18th March 2020 Rs. 39,805.00 Rs. 37,996.00
Also Check For:

Gold Rate Today : Hyderabad | Kerala | Mumbai | Delhi | Bangalore | Pune | Kolkata | Chennai

Silver Rate Today : Bangalore | Hyderabad | Delhi | Chennai | Mumbai | Ahmedabad | Jaipur

Before making any buying decision, it is important for customers to know about the gold rate fluctuations in Vadodara, Gujarat and other parts of the country. It is also advisable that any type of gold should only be purchased from genuine dealers and sellers in Vadodara.

Gold Rate in Vadodara
Last 4 Months trend of Gold Rate in Vadodara
In a Nutshell

Gold Rate in Vadodara

Like in any other city of the country, the gold rate in Vadodara is also affected by changing market conditions in the gold industry – both in India and abroad. Not only this, the gold rate is also determined by the purity level of the gold. The four popular purity levels of gold that are widely used in the market are 24 carats, 22 carats, 18 carats and 14 carats. The 24 carat gold is considered to be the purest form of gold and hence is the most expensive.

Below is the description of each of these types of gold and their rates in the city of Vadodara

24 Carat Gold:

This is the purest form of gold that contains gold in the proportion of 99.95% by mass. This type of gold is very soft and hence it cannot be directly used for making ornaments and jewellery. The rate for this category of gold in Vadodara was Rs 29,650 per 10 grams of gold. This rate was recorded on 10th Mar 2016.

22 Carat Gold:

This form of gold is very popular as it is used for making actual jewellery and ornaments. It contains 91.6% of gold in the alloy and is considered to be a very high quality gold. This type of gold is usually alloyed with silver or copper. The final colour of the gold depends on the alloying material. This is the most common form of gold used in retail jewellery and is the first choice of customers given a good combination of price and quality that it offers. In Vadodara, this form of gold was trading at Rs 27,720 per 10 grams as on 10th Mar 2016.

18 Carat Gold:

This is also another popular variety of gold in Vadodara. This includes 75% of gold mass and is used to prepare different types of jewellery and ornaments. This form of gold provides enough strength and purity to the gold pieces that can be easily used in the final jewellery. Two very popular variants of gold, pink and rose, fall under this category.

14 Carat Gold:

This category of gold includes 58.3% of gold and is considered to be cheapest form of gold. This form is used to prepare white gold when used with silver. With copper, this gold gives a dull bronze look.

Factors affecting Gold Rate in Vadodara

The gold rate sees a lot of fluctuations throughout the year in all parts of the country. Vadodara is no exception to this pattern. There are several factors that impact the price of gold in Vadodara. Some of these factors are listed below:

  • Demand for Gold In Gujarat and Vadodara
  • Demand for Gold in the Industry in India and other countries
  • Local and Global economic policies
  • Changing US Dollar rate against the Indian Rupee
  • Local and National government laws that determine the state and national taxes
  • Manufacture and export/import of gold in India
  • Seasonal factors such as the approaching wedding and festival season

Last 4 Months trend of Gold Rate in Vadodara

Gold Price Trend in March 2020
Trend24 Karat Gold (Rs/10gm)
Rate on 01-March-202043,100.00
Rate on 27-March-202043,405.00
Highest Rate45,010.00
Lowest Rate39,805.00
Month PerformanceDecline
% Change-0.71 %
Gold Price Trend in February 2020
Trend24 Karat Gold (Rs/10gm)
Rate on 01-February-202041,003.00
Rate on 29-February-202043,100.00
Highest Rate43,280.00
Lowest Rate40,340.00
Month PerformanceDecline
% Change-5.11 %
Gold Price Trend in January 2020
Trend24 Karat Gold (Rs/10gm)
Rate on 01-January-202041,080.20
Rate on 30-January-202040,629.00
Highest Rate43,358.30
Lowest Rate40,013.00
Month PerformanceRising
% Change1.10 %
Gold Price Trend in December 2019
Trend24 Karat Gold (Rs/10gm)
Rate on 10-December-201939,743.30
Rate on 31-December-201941,080.20
Highest Rate41,080.20
Lowest Rate39,518.70
Month PerformanceDecline
% Change-3.36 %

In a Nutshell

Based on the above information, it can be summed up that the quarter that began in October 2016 and ended in December 2016 failed to meet expectations of the sellers. The gold that traded at Rs 3,304 on the first day of the quarter went down to trade at Rs 2,893 on the last day of the quarter. All three months saw a constant decline in the gold rate in Vadodara, the decline being the highest in the month of November.

Some analysts may attribute this decline to major events that happened in this quarter – the big ones being demonetization, change in the US Government and thus the changing dollar rate against the rupee, change in local and global policies, etc.

Despite all fluctuations, the demand for gold saw a boost during the festive season in Vadodara. Gold is not only considered to be a luxury item for celebrations but also considered to be auspicious for religious purposes in several parts of the country including Vadodara.

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