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Gold Rate in Daman & Diu

Today's Gold Rate in Daman & Diu( 08 Aug 2022 )

₹ 51600

Today's Gold Rate (22K) per 10 gram

Compare 22K & 24K Gold Rate In Daman & Diu (Today & Yesterday)
Today Yesterday Rate Change
Standard Gold (22 K) (10 gram) 51600 51600 ₹ 0
Pure Gold (24 K) ( 10 gram ) 52600 52600 ₹ 0

City Wise Gold Rate

Gold Rate in Daman And Diu Today

Gold Price in Daman and Diu -The social and cultural life of this Union Territory of Daman and Diu is full of festivals and fairs. The cultural life of this region is genuinely metropolitan, multi-faceted as it is a perfect and synchronization of Portuguese, Indian, and tribal traditions and customs. The socio-cultural life of people is dynamic; song, dance, carnival, and fairs are an integral part of their culture. The predominant language of this union territory is Gujarati. Two foremost festivals over here are; Folk Dance and Garba festival. Gold price in Daman and Diu increases during these festive seasons.

Current Rate of Gold

Rate of 24-carat gold in Daman and Diu is INR 4,711 per 1 gram and INR 37,680 per 8 grams. The market rate of 22k gold is INR 4,611 per gram and INR 36,888 per 8 grams. Gold price in India during 2018 was subdued, but now it is surging and moving in an uptrend. Many factors are working in favor of gold both on the international and national levels. As the global equity market has become more volatile and unstable, investors are opting for a more stable form of investment, and gold offers the perfect opportunity. Investors expect more surges in gold prices due to geopolitical turmoil in global politics and the economy.

Upbeat view

Aaj ka sone ka bhav Daman and Diu

Investors across the world expect Daman and Diu sone ka bhav, or gold rate in Daman and Diu today to further rise, and equity market to fall. But the flip side is, surging of gold rate can subdue the demand for this precious metal. When the demand for gold falls continuously, the rate of the metal also follows the same footsteps. It is judicious not to expect a steep rise in gold market rate in Daman and Diu or, Aaj ka sone ka bhav Daman and Diu immediately, but a stable price. Continue to buy gold on declines, as it offers excellent long-term returns. The excess money circulation in the economy is another reason for the soaring of gold prices. Excess of QE (Quantitative Easing) during an economic slowdown is another factor for pushing up the cost of this noble metal. Keep track of aaj ka sone ka bhav Daman and Diu ka regularly. Check Silver Price in Daman And Diu