On Tuesday, it was down Rs 20 per gram and Rs 160 per sovereign. On Monday, the minimum was Rs 25 per gram and Rs 200 per sovereign. Monday’s fall came after prices remained unchanged for two days.
Gold price sovereign for March
March 1: 37,360 (lowest price this month)
March 2: 38160
March 3: 37840
March 4: 38160
March 5: 38,720
March 6: 38,720
March 7: 39,520
March 8: 39,520
March 9: 40,560 (highest price this month)
March 9: 40,560 in the morning (highest rate this month), 39840 in the afternoon
March 10: 38,560
March 11: 38,560
March 12: 38,720
March 13: 38,720
March 14: 38,480
March 15: 38,080
March 16: 37,840
March 17: 37,960
March 18: 37,960
March 19: 37,840
March 20: 37,840
March 21: 37,920
March 22: 38,200
March 23: 37,880
March 24: 38,360
March 25: 38,560
March 26: 38,560
March 27: 38,560
March 28: 38,360
March 29: 38,200
March 30: 38,120
March 31: 38,120
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The gold sovereign had crossed Rs 40,000 this month. On the morning of March 9, a sovereign was priced at Rs 40,560 and a gram at Rs 5,070. This was the highest rate this month. The lowest price this month was Rs 4,670 per gram and Rs 37,360 per sovereign recorded on March 1.
Gold prices fluctuate regularly due to factors such as state taxes, excise duties and making charges. Whether the price goes up or down, people always see gold as a safe haven. People prefer to hold gold as jewelry and coins in addition to their investment value. The price of gold in the state is determined on the basis of the international price of gold, the dollar-rupee exchange rate and the import duty.
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