What can we say about gold prices, dear friend? It is just that you can guarantee that you can’t guarantee the particularity of its price for more than a day. Why so? The answer lies in the demand and supplies gap changes daily. So the costs need to be regulated daily. We Indians usually do not look for price tags if we want to buy something for ourselves on special days like “Dhanteras” days. We believe that buying gold on those days will bring good fortune. So more gold we purchase, the more significant is good fortune. It’s, needless to say, about marriage seasons. We want to doll up our girl into a Gold Princess when she leaves her patrilineal abode. But why only girls? Boys, too, want to show off as much with yellow bling to look aristocratic on their wedding day. So during these times, the gold prices skyrocket because the demand for gold goes insanely high, but the supply remains fixed if you want to save money while spending on gold. Check for the 24ct gold price today.
Gold as currency:
This metal with a Yellow hue has been used as currency since immemorial. This precious metal has been too special for all humankind’s habitation all over the world. We have found gold articles in all the globe’s archaeological sites. Early civilizations found that this metal could take different forms, later becoming the most sought-after metal in jewellery. The documented proof of gold becoming a coin item to be used officially as a currency was around 550 B.C. by King Alyattes of Lydia (modern-day – Turkey). Coins of gold were the most viable piece of currency because they were malleable enough to be punched into the shape of a coin yet sturdy enough not to break if thrown or fell on the ground. One can also imprint figures or designs with the help of moulds or pre-designed punches. Every emperor wanted to pass down their legacy to the commoners, and what best method they could have used other than a name or a face printed on the currency they had to use. Genius, isn’t it?
India has been leading the world in household consumption of Gold Ornaments. If we could combine the entire gold jewellery we own into a single bulk, then that would definitely be substantially more than the gold reserves of many small countries combined. So yes, we will definitely get affected by today gold rate in India. But get your worries out of your system because we at Vaibhav jewellers are committed to providing you with the best in class jewellery at the most affordable prices.
We at Vaibhav Jewellers meticulously keep track of today gold rate in India to give you the best and most transparent prices for your gold when you are buying or even selling or exchanging for a trendier piece of jewellery to enhance your vogue.
Vaibhav Jewellers: your very own house of Exquisite Jewellery at an accurate price.