Gold Rate in Srinagar Today – September 22, 2025
As of September 22, 2025, the gold rates in Srinagar are as follows:
24 Carat Gold (999 Purity): ₹1,09,410 per 10 grams
22 Carat Gold (916 Purity): ₹1,02,803 per 10 grams
18 Carat Gold (750 Purity): ₹84,495 per 10 grams
These prices reflect a steady market with minor fluctuations due to global economic factors and local demand.
Factors Influencing Gold Prices in Srinagar
International Market Trends: Global gold prices significantly impact local rates.
Currency Exchange Rates: Fluctuations in the Indian Rupee against major currencies can affect gold prices.
Local Demand: Festivals and weddings in Srinagar often lead to increased gold purchases, influencing prices.
Government Policies: Changes in import duties and taxes can cause price variations.
Investment Insights
Investing in gold remains a popular choice for many in Srinagar, especially during the festive season. It's advisable to monitor daily price changes and consider purchasing during price dips. Additionally, buying from reputable jewelers ensures the authenticity and purity of the gold.
Frequently Asked Questions (FAQs)
1. Why do gold prices fluctuate daily in Srinagar?
Gold prices are influenced by global market trends, currency exchange rates, and local demand and supply dynamics.
2. What is the difference between 18K, 22K, and 24K gold?
The number indicates the purity of gold. 24K is pure gold, 22K contains 91.6% gold, and 18K has 75% gold.
3. How can I ensure I'm buying genuine gold in Srinagar?
Purchase from certified jewelers who provide BIS hallmarked gold and proper documentation.
4. Does the festive season affect gold prices in Srinagar?
Yes, increased demand during festivals often leads to higher gold prices.
5. Are there any additional charges when buying gold in Srinagar?
Apart from the gold price, there may be making charges, GST, and other taxes. It's essential to inquire about these before purchasing.
Published on : 22nd September
Published by : Selvi
www.vizzve.com || www.vizzveservices.com
Follow us on social media: Facebook || Linkedin || Instagram
🛡 Powered by Vizzve Financial
RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed