Today's Gold Price/Rate in Madhya Pradesh

Trend of Monthly Gold Rate in Madhya Pradesh for January 2026 

1. In the state of Madhya Pradesh, the 24 karat gold rates opened at Rs. 13,052 per gram on the first day of the month of January. 

1. While on 31st January 24-karat gold was sold at Rs.15,509 per gram. 

1. The highest and lowest prices recorded for the month of January in Madhya Pradesh were Rs. 17,267 and Rs.13,052 per gram, respectively. 

1. The highest price was observed on 29th January, while the lowest price was observed on 1st January. 

1. The percentage high in the gold prices for the month of January in the state was recorded at 18.82%, thereby signifying that the price of gold has increased some value over the month. 

Historical Gold Price in Madhya Pradesh

Gold as an Investment in Madhya Pradesh

When it comes to a safe investment option, Gold is considered to be one of the least riskiest of trading commodities in any market, whether regional or global. In Madhya Pradesh too the yellow metal is considered an investment option that is lower on risk factors, primarily based on the fact that it is highly affordable and culturally significant as mentioned before. Most families find this metal auspicious such as weddings and Dhanteras season. Also families involved in marriage exchange gold ornaments as a tradition especially for the bride and the other female family members. Investors in this part of the country also find it an integral part of their investment portfolio along with stock market and mutual fund investments. Investors have various options for gold trading through gold contracts and physical gold.

Physical Gold - If you are buying gold in Madhya Pradesh, you have a variety options. This includes buying gold coins from jewelers as well as banks who offer products that are variegated in prices based on individual's investment requirement and budget. Gold ornaments include chains, anklets, earrings, amulets, nose rings and rings which serve both as an investment along with being an accessory. Gold statues of gods and goddesses are also popular in Madhya Pradesh, with their demand peaking during festivals and religious processions during Akshaya Tritiya and Ganesh chaturthi. Gold in banks are slightly more expensive. But then again you have the advantage of gold that is certified and checked and you can be assured about the purity.

Market Trade - In this state one can purchase gold through the markets, with gold being traded in the National Multi Commodity Exchange, National Commodity and Derivatives Exchange and the Multi Commodity Exchange. This is apt for individuals willing to purchase gold in bulk, with the minimum trading limit being set at 1 kg in general. It's a viable option for people who are well aware of the gold market and all that affects it.

Read More on Gold