Arunachal Pradesh’s gold market reflects steady growth in buyer interest, driven by festive purchases and investment-oriented demand. The rates have shown a slight increase over the past week, paralleling national and global price upswings driven by inflation and dollar fluctuations.
Current Gold Prices in Arunachal Pradesh (Per 10 Grams):
- 24K Gold (Pure Gold): ₹1,29,530
- 22K Gold: ₹1,18,650
- 18K Gold: ₹97,150
- 14K Gold: ₹75,520
The gold price in Arunachal Pradesh witnessed a mild rise of approximately ₹400–₹600 in the last 24 hours, with Visakhapatnam and Itanagar recording consistent trends. This increase aligns with the heightened festive rush leading up to Diwali and wedding seasons.
Market Overview:
Gold in Arunachal Pradesh is not just an investment asset but a cultural symbol of prosperity and status. Residents frequently invest in 22K jewelry and 24K coins, especially during festivals like Dhanteras and Akshaya Tritiya. Local jewelers note increased consumer activity as gold remains the most trusted and inflation-resistant asset.
Why Gold Prices Fluctuate:
- Global Spot Prices: The international market heavily impacts local gold values.
- Currency Trends: INR-US Dollar movements play a crucial role in setting domestic gold prices.
- Local Demand: Demand surges during festivals or weddings push short-term price hikes.
- Import Policies: Taxes and import duty revisions influence retail rates.
Conclusion:
Today’s gold rate in Arunachal Pradesh continues to stay bullish, offering buyers a balanced opportunity for both investment and ornament purchase. Those planning to buy should monitor near-term fluctuations but view the trend as a profitable long-term investment avenue.
