The gold price today in Assam is shaped by factors such as international bullion prices, exchange rate fluctuations, import duties, and local market demand. Since gold prices directly influence the value of gold jewellery and coins, changes in the rate can also affect the amount available against a gold loan. Understanding these drivers can help you better evaluate gold price movements and their impact.
Gold Rate in Assam
In summary
- Check today's gold rate in Assam for 18K, 22K, and 24K gold.
- View the live gold price per gram and per 10 grams.
- Track historical gold price trends and daily market movements.
- Estimate your gold's value and explore your eligible gold loan amount using the latest gold rates.
This page covers today's gold price in Assam, historical gold price trends, the factors that influence daily gold rates, and how the latest gold prices can help you estimate your gold's value and gold loan eligibility.
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Understanding gold rate calculations in Assam
The gold rate in Assam is calculated using a combination of international market prices, currency exchange rates, government taxes, and the purity of the gold. Since these factors change regularly, the gold price is updated every day. Understanding how the gold rate is calculated can help you compare prices, plan your purchase, and estimate the value of your gold before applying for a gold loan.
- International gold price: The global gold price, quoted in US dollars per troy ounce, forms the base value.
- USD-INR exchange rate: The global price is converted into Indian rupees. A weaker rupee can increase the gold price in Assam.
- Gold purity: The price varies for 18K, 22K, and 24K gold based on their purity levels.
- Import duty and GST: Applicable import duty and GST are added to determine the final retail price.
- Making charges: Jewellers add making charges and their own margin, which may vary across sellers.
Most jewellers and lenders in Assam use the Indian Bullion and Jewellers Association (IBJA) benchmark as the reference for the base gold price. For gold loans, the applicable gold value is determined in line with RBI guidelines using the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange.
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Historical gold price trends in Assam
Gold prices in Assam have generally increased over the years, reflecting both global and domestic market trends. Although prices may fluctuate in the short term due to changes in international gold prices, currency exchange rates, and economic conditions, the long-term trend has remained positive. Tracking historical gold prices can help you understand market movements and make informed decisions when buying gold, investing, or applying for a gold loan.
| Year | 24-carat gold price per 10 grams |
|---|---|
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,000 |
| 2023 | Rs. 65,000 |
| 2022 | Rs. 52,000 |
| 2021 | Rs. 47,000 |
| 2020 | Rs. 48,000 |
| 2019 | Rs. 35,000 |
| 2018 | Rs. 31,000 |
| 2017 | Rs. 29,000 |
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What influences gold prices in Assam?
The gold price in Assam changes every day due to a mix of global and domestic factors. While the method of calculating the gold rate remains the same, changes in these factors can increase or decrease the price. Understanding what influences gold prices can help you decide the right time to buy gold, invest, or apply for a gold loan.
- International gold prices: Global gold prices are the biggest factor affecting the gold rate in Assam. When international prices rise or fall, local gold prices usually move in the same direction.
- USD-INR exchange rate: Since India imports most of its gold, a weaker rupee makes gold more expensive, while a stronger rupee can lower prices.
- Import duty and GST: Government taxes and import duties increase the final price of gold in the local market.
- Inflation and interest rates: During periods of high inflation or lower interest rates, many investors prefer gold, which can increase demand and prices.
- Demand during festivals and weddings: Gold demand often rises during festivals and the wedding season in Assam, which may influence local prices.
- Global events: Economic uncertainty, geopolitical tensions, and changes in financial markets can affect investor demand for gold and lead to price fluctuations.
These factors work together to determine the gold price in Assam, which is why the gold rate can change from one day to the next. Tracking these changes can help you make informed decisions when buying gold or estimating your gold loan eligibility.
What is the difference between 18k, 22k and 24k gold?
The difference between 18K, 22K, and 24K gold lies in their purity, durability, and usage. 24K gold is the purest form and is mainly used for coins and bars. 22K gold contains a small amount of other metals, making it suitable for jewellery. 18K gold is more durable and is commonly used for diamond and gemstone jewellery. If you are checking the 22 carat gold price in Assam or the gold rate today 22K, knowing these purity levels can help you choose the right type of gold.
| Parameter | 18K Gold | 22K Gold | 24K Gold |
|---|---|---|---|
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
| Common use | Designer jewellery | Traditional jewellery | Coins and bars |
| Price | Lowest | Higher | Highest |
Ways to verify gold purity in Assam
To verify the purity of gold, several methods can be utilised, providing assurance of its authenticity and worth.
- Check for hallmarks: Examine the gold piece for hallmarks or stamps indicating its purity level, typically located on the inside of rings or clasps.
- Visual inspection: Look for any signs of discolouration or tarnishing, as authentic gold maintains its characteristic lustre without tarnishing easily.
- Magnetic assessment: Test the metal's magnetic properties, as gold is non-magnetic. If a magnet attracts the metal, it is likely not pure gold.
- Nitric acid test: Apply nitric acid to assess gold purity, with genuine gold showing no reaction to the acid. However, it's advisable to seek professional assistance due to the use of chemicals.
By employing a combination of these techniques, individuals can confidently determine the purity of gold, safeguarding against counterfeit or impure specimens.
Get the value your gold deserves. Check your gold loan eligibility and see how much you can avail based on purity and weight.
How to calculate gold value in Assam?
Calculating the value of your gold is simple when you know its weight, purity, and the gold rate in Assam. By using the gold price today in Assam, you can estimate your gold's current market value before selling it, investing, or applying for a gold loan. While this gives you an approximate value, the final valuation depends on the assessed purity of your gold and the applicable lending guidelines.
To calculate your gold's value:
Step 1: Weigh your gold in grams.
Step 2: Check its purity (18K, 22K, or 24K).
Step 3: Find the gold price today in Assam for the same purity.
Step 4: Use this formula: Gold Value = Gold Weight × Gold Rate per Gram.
Example:
If you own 20 grams of 22K gold and the gold rate in Assam is Rs. 9,500 per gram, the estimated value of your gold is:
20 × Rs. 9,500 = Rs. 1,90,000
This is an estimated market value. The final value may vary based on the assessed purity of your gold and the applicable gold rate used for valuation.
How do gold rates influence gold investments?
The gold price in Assam directly affects the value of gold investments. When gold prices increase, the value of physical gold, gold ETFs, gold mutual funds, and Sovereign Gold Bonds (SGBs) held by investors may also increase. When prices fall, they may present a buying opportunity for long-term investors. Tracking the gold price in Assam regularly can help you compare investment options and make informed decisions based on market trends.
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How gold rates influence gold loans in Assam
The gold rate in Assam directly affects the amount you may be eligible to borrow through a gold loan. When gold prices increase, the value of your pledged gold also increases, which may help you qualify for a higher loan amount. If gold prices fall, the eligible loan amount may be lower for the same gold asset. With Bajaj Finance, the loan amount is determined based on the assessed weight and purity of your gold, the applicable gold rate, and the Loan-to-Value (LTV) ratio as per RBI guidelines.
What decides your eligible loan amount?
Your eligible gold loan amount depends on the value of the gold you pledge. To determine this value, the lender assesses your gold's weight and purity. As per RBI guidelines, the valuation is based on the lower of the previous day's closing price or the 30-day average closing price published by the Indian Bullion and Jewellers Association (IBJA) or a SEBI-regulated commodity exchange. The final loan amount is then calculated using the applicable Loan-to-Value (LTV) ratio, which varies by loan size. To know more, click here.
The following factors determine your eligible loan amount:
- Weight of your gold: More gold generally means a higher eligible loan amount.
- Purity of your gold: Gold with higher purity has a higher assessed value.
- Applicable gold rate: The prevailing gold rate is used to calculate the value of your pledged gold.
- Loan-to-Value (LTV) ratio: The loan amount is determined within the LTV limits prescribed by RBI.
- Gold loan interest rate: The applicable interest rate affects your repayment amount and the overall cost of borrowing.
Understanding these factors can help you estimate your eligible loan amount and choose the right gold loan for your financial needs.
Gold loan: What you should know before applying
With Bajaj Finance, you can borrow from Rs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, and gold coins. The gold loan interest rate starts from 9.50% per annum. Gold jewellery and ornaments are accepted between 18K and 22K purity, while gold coins are accepted up to 24K purity. Your pledged gold is stored safely in secure vaults with insurance coverage throughout the loan tenure.
A few things worth knowing before applying:
- Your loan amount is calculated based on the weight and purity of your gold, not the price you originally paid for it.
- Bajaj Finance considers the lower value between the previous day’s closing price and the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange.
- You need only one valid KYC document, such as an Aadhaar card, Voter ID, passport, driving licence, NREGA job card, or a letter from the NPR.
- You can choose flexible interest repayment options, including monthly, bi-monthly, quarterly, half-yearly, or annually, with the principal amount paid at the end of the tenure.
- There are no foreclosure charges, allowing you to close your loan early without any penalty.
Before applying, use the gold loan calculator to estimate your eligible loan amount. You can also check your gold loan eligibility based on the gold price today in Assam, gold purity, and weight to plan your borrowing better.
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Know more about gold rates in Indian states and Union Territories
Know more about gold rates in other cities
| Gold Rate in Mathura | Gold Rate in Amritsar | Gold Rate in Salem |
| Gold Rate in Hyderabad | Gold Rate in Coimbatore | Gold Rate in Vellore |
| Gold Rate in Mumbai | Gold Rate in Guntur | Gold Rate in Goa |
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Disclaimer
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *