Dadra & Nagar Haveli and Daman & Diu · 26 September 2026 · 09:44 PM IST
| Weight | 24K (99.9%) | 22K (91.6%) | 18K (75%) |
|---|---|---|---|
| 1 Gram | ₹15,237.46 | ₹13,957.51 | ₹11,428.09 |
| 8 Grams (1 Pavan) | ₹121,899.68 | ₹111,660.08 | ₹91,424.72 |
| 10 Grams | ₹152,374.60 | ₹139,575.13 | ₹114,280.95 |
| 100 Grams | ₹1,523,746.00 | ₹1,395,751.00 | ₹1,142,809.00 |
| 1 Kilogram | ₹15,237,460 | ₹13,957,510 | ₹11,428,090 |
Today, the 24K Gold price in Daman surged to Rs.152374.6/10g, indicating a strong upward trend in the local market. This increase can be attributed to a combination of factors, including rising global gold prices and positive sentiment from domestic events such as festive demand. Additionally, the recent strengthening of the Indian Rupee against the US Dollar has contributed to this rise, making gold more expensive for foreign buyers and potentially boosting domestic demand.
The recent rise in 24K Gold prices in Daman is influenced by both global and domestic factors. Globally, the US Federal Reserve's monetary policy, which often influences international gold prices, plays a significant role. The strengthening USD/INR exchange rate makes gold more expensive for Indian consumers, which can dampen demand. However, international demand remains robust, supported by the COMEX trends. Domestically, MCX gold prices are closely watched, and the recent increase in interest rates (IBJA rates) could curb investment in gold. Moreover, the festive season in India is expected to boost demand, while the monsoon outlook remains favorable for agricultural activities, which can indirectly affect gold prices through changes in disposable income.
For local consumers in Daman, it is crucial to consider the BIS hallmark standards when purchasing gold to ensure authenticity. Given the current market conditions, investors may want to adopt a cautious approach, balancing short-term speculative gains with long-term strategic investments. ETF options provide a risk-averse way to participate in the gold market without physical storage concerns. However, it's important to monitor both domestic and international factors to make informed decisions and optimize returns.
To securely buy physical gold or paper gold in Daman, follow these steps: 1) Research and choose a reputable jeweler or gold dealer. 2) Verify the BIS hallmark and purity of the gold. 3) Compare prices from multiple sellers to ensure you get the best deal. 4) For paper gold, open an account with a recognized bullion or financial services provider. 5) Ensure you have a secure and reliable method of payment and delivery.