Today’s Gold Price In Srinagar
The primary demand for gold rate today in Srinagar is in the form of jewelleries and ornaments. The city has branches of some of the largest gold traders in the country, providing the residents with ample options to buy gold from. The demand is both from the urban populace as well as the rural folks.
Gold buying patterns in Srinagar
Gold is popularly sold as jewelleries in Srinagar, with coins and bullions also being sold in the city.
Physical gold – Gold ornaments and jewelleries are available throughout the city and residents prefer shopping in the stores located there. Coins and bullions are available from gold dealers and traders based in the city, with bullions being the pure block of metal sold at close to market rates and in larger quantities. Coins are a little expensive and are mainly purchased for gifting or religious purposes.
Traded gold – Residents of Srinagar can purchase gold from spot and futures contracts which gives them the option to purchase gold at cheaper rates. The physical gold is delivered on a date as per the terms of the contract.
