Some analysts say that we could soon breach the recent highs of gold prices in Delhi and hence levels of Rs 32,500 is rather not possible. Another thing that we need to mention is that there is terrific liquidity, which is pushing gold prices even higher. In fact, to a large extent one doubts whether it would given the fact that prices have rallied a great deal already and at every level there is buying support. Some doubt whether that precious metal would reach those levels once again this year. However, whether that would be possible is a good question. Some technical analysts are suggesting to buy the metal at levels of Rs 26,500, if one wants to make some serious gains. It is best to skip buying at the current levels of Rs 28,000. At this point of time, gold has become terribly expensive. The first and the foremost of course is the fact that you pay making charges. Delhi investors should also be advised not to buy gold jewellery and there are reasons for such an advise. It can be understood why: The simple explanation is that they end-up paying so much for gold, including the various charges and making charges, and realize whether it is better to buy imported gold in the end. Individuals could not care less about the charges. So ultimately what do you see when you buy. Here is a beginners guide to investing in Gold in Delhi There are numerous reasons for the same and let us examine some of these:ġ) The octroi charges differ with Delhi and other cities which alters the gold prices.Ģ) Numerous state taxes can also change the gold rates in the city.ģ) The transportation costs in the city also tend to alter the gold rates there.Ĥ) Other costs like making charges may also differ. Gold rates in Delhi is always different from those of others. Gold Price Movement in Delhi, August 2021ĭelhi Gold Rates Live vs Other Indian Cities Gold Price Movement in Delhi, September 2021 Gold Price Movement in Delhi, October 2021 Gold Price Movement in Delhi, November 2021