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The price of gold is different across Indian states and cities. Forbes Advisor has put together the gold price of one and 10 grams of 24-Car...

The price of gold is different across Indian states and cities. Forbes Advisor has put together the gold price of one and 10 grams of 24-Carat and 22-Carat pure gold in Surat today, as of 9:33 am.

24 Carat Gold Price In Surat Today

24-Carat Gold Rates In Surat Today

City 1 Gram of Pure Gold 24K 10 Grams of Pure Gold 24K

Surat INR 4,654 INR 46,543

22 Carat Gold Price In Surat Today

22-Carat Gold Rates In Surat Today

City 1 Gram of Pure Gold 22K 10 Grams of Pure Gold 22K

Surat INR 4,266 INR 42,664

Related: Today’s gold price in 10 cities of India.

Gold Rate In India Today: October 14, 2022

Where to Buy Gold in Surat?

Physical gold and gold saving schemes

Physical gold can be obtained upon full payment as well as through gold saving schemes offered by Jewelers. The scheme lets individuals pay a monthly fee without interest as installment for a specific tenure, and jewelers agree to pay the last installment on behalf of borrowers.

Sovereign gold bonds (SGBs)

The Reserve Bank of India (RBI) issues SGBs via banks from time to time. An individual can subscribe to a minimum of 1 gram of gold up to a maximum of 4 kgs. The value of one bond is 1 gram of pure gold. 

Digital gold

The method of buying gold digitally involves various forms of investing including:

Gold exchange traded funds (ETFs): Stock exchanges allow traders to invest in an ETF, with one unit equivalent to 1 gram of pure physical gold.

Gold accumulation plan: Mobile wallets as well as Gold Rush plan of Stock Holding Corporation of India offers to buy digital gold that allow customers to buy and accumulate gold safely without any concern or worry.

Related: Alternative ways to invest in gold.

Where to Sell Gold in Surat?

Retailers and dealers may buy gold from individuals upon verifying the bill of purchase, its purity, current cost, etc. Individuals can also avail of loans against their gold as collateral from banks and NBFCs . The interest rates on gold loans vary among banks on the basis of factors like weight of the jewelry, value (ranging from 18K to 24K), repayment period, to name a few.