Dadra & Nagar Haveli and Daman & Diu · 12 August 2026 · 05:50 PM IST
| Weight | 24K (99.9%) | 22K (91.6%) | 18K (75%) |
|---|---|---|---|
| 1 Gram | ₹15,455.03 | ₹14,156.81 | ₹11,591.27 |
| 8 Grams (1 Pavan) | ₹123,640.24 | ₹113,254.48 | ₹92,730.16 |
| 10 Grams | ₹154,550.30 | ₹141,568.07 | ₹115,912.73 |
| 100 Grams | ₹1,545,503.00 | ₹1,415,681.00 | ₹1,159,127.00 |
| 1 Kilogram | ₹15,455,030 | ₹14,156,810 | ₹11,591,270 |
24K Gold in Daman has decreased today, now standing at Rs.154550.30/10 grams. This local price shift aligns with the latest MCX futures and international gold spot benchmarks. Consumer interest in Daman typically surges around price dips, especially ahead of the upcoming wedding and festive seasons. Market analysts suggest that local premiums are currently adjusting to balance supply dynamics with robust retail buying.
Gold is exhibiting bearish signals, primarily driven by safe-haven demand amidst global macroeconomic uncertainties and US Fed monetary policy shifts. The USD/INR exchange rate, currently at Rs.85.5, acts as a significant multiplier for domestic gold prices. In India, local demand patterns, import tariffs, and the Reserve Bank of India's gold accumulation strategy are the primary domestic catalysts shaping the market.
Buyers in Daman should insist on BIS hallmarked 24K or 22K gold from trusted, authorised jewelers to guarantee purity. For physical investment, gold coins or bars offer better resale value than jewelry due to zero making charges. For paper gold, Sovereign Gold Bonds (SGBs) provided by the RBI or Gold ETFs offer excellent returns, security, and no storage hassles.
Begin by checking the current 22K and 24K MCX market rates to establish a fair price benchmark. Next, select a trusted jeweller in Daman and verify the BIS hallmark on the gold ornament or coin. Then, ask for a clear breakdown of the gold price, making charges, and the 3% GST. Always complete your transaction with a transparent payment method and collect an itemized invoice for your records.