Gold Rate in Warangal

Warangal is a district about 145 km northeast of the city of Hyderabad. It is one of the cities that has been slated to be turned into one of India’s first 100 smart cities. The main economic activity of the city is agriculture with it sporting Asia’s second largest grain market. The city is also attracting investors from the information technology and providing them with the opportunity to set up shop there. It has also been given the status of a world heritage by UNESCO as a result of its strong ties to the history of the country.

Gold Rate Trend in Warangal from January 2025 to March 2025 (per gram of 24 karat gold) 

Quarterly Gold Rate in Warangal from January 2025 to March 2025 

1. In the month of January 2025, gold prices in Warangal saw a steady rise. The lowest price of the month was Rs.7,508 per gram that was recorded on the very first day, 1st January. By the last day of the month, 31st January, the rates had increased to Rs.8,117 per gram, which was also the highest point for the month. This upward movement reflected a total increase of 8.11% over the course of the month. 

1. In February 2025, gold prices in Warangal rose by 2.78% over the month. The rates opened at Rs.8,132 per gram on 1st February and closed at Rs.8,358 per gram 28th February. The highest price was recorded on 25th February which was Rs.8,479 per gram. On the contrary, the lowest price was Rs.8,090 per gram which was observed on 3rd February.  

1. On 1st March, the price of 24-karat gold in city was Rs.8,337 per gram, which remained the lowest for the month. This lowest price was also seen on the 2nd and 3rd March. By 31st March, the price had reached to Rs.8,846 per gram which marks the highest rate also. Overall, gold prices show a clear upward trend throughout the month rising by 6.11%. 

Gold Rate Trend in Warangal from April 2024 to June 2024

Gold Rate Trend in Warangal from January 2024 to March 2024

Gold as an investment

While Warangal may be an industrial town which is attracting more and more attention from the IT industry, its people also keep a close watch on investment opportunities. These opportunities can even present themselves in the form of investments in gold.

Physical gold: Physical gold is the most common form of investment when it comes to investing in gold. In such an investment, people actually purchase gold in the form of jewellery, not with the view of it being an ornament but from the view of it being an investment and an ornament. Warangal has a good network of gold shops and traders who offer people the opportunity to be able to invest in gold through jewellery.

Buying gold from banks: Another way gold can be invested in, in Warangal, is through the purchase of gold bullion through banks. Banks offer both 22 karat and 24 karat gold along with proper certification for the gold purchased.

Investing in gold ETF: Gold can also be invested in through gold ETFs (Exchange Traded Funds) that don’t require the investors to own physical gold purchased from banks or shops. These funds track the market price of gold and can even be offered in the form of mutual funds. They offer a good opportunity to gain returns through investment in gold markets.

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