On April 13, it had risen by Rs 35 per gram and Rs 280 per sovereign. The gold price on April 13 was Rs 4,935 per gram and Rs 39,480 per sovereign. On April 12, the gold price was Rs 39,200 per sovereign and Rs 4,900 per gram.
Gold prices are expected to rise further in the coming days. The price of the sovereign may cross 40,000. Gold prices had crossed Rs 40,000 per ounce in March.
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April Gold Price, Sovereign
April 1: 38,480
April 2: 38,360
April 3: 38,360
April 4: 38,240 (This month’s lowest rate)
April 5: 38,240 (lowest rate for this month)
April 6: 38,240 (lowest rate for this month)
April 7: 38,400
April 8: 38,600
April 9: 38,880
April 10: 38,880
April 11: 38,880
April 12: 39,200
April 13: 39,480
April 14: 39,640 (This month’s highest rate)
April 15: 39,640 (Highest rate this month)
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. Factors such as state taxes, excise duties and making charges also contribute to price differences.
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