Hungary Gold Prices Today

Last updated on June 16th, 2024

Check 24K, 22K, 20K, 18K, and 14K gold prices today in Hungary. You can check the latest gold prices per Gram, Tola, and Ounce. In Addition, the tables below also represent Hungary’s gold rate history and rate fluctuations. 

Per Gram Gold Rate in Hungary (HUF)

Gram gold prices Hungary 24Karat, 23Karat, 22Karat, 21Karat, 20Karat, 18Karat, and 14Karat are shown. See today’s high and low gold spot prices here.

Showing GOLD Price of HU in Gram
Ounce 865,457.51
Gram 27,824.46
Kilo 27,825,064.92
Tola 324,546.57
Baht 409,318.13
Grain 1,803.03
Ratti 5,064.18

GOLD Rate of HU in Gram
The Price Right Now 27,824.46
Price on Yesterday 27,904.83
Price Change Today-80.40 (-0.3%)
Today's High Price 27,873.48
Today's Low Price 27,450.53
Today's Price Fluctuation 423.00
Market Volatility Status Very High

Gold Price Today Per Tola in Hungary

Hungary gold rate per tola 24Carat, 23Carat, 22Carat, 20Carat, 18Carat, and 1Carat shown below. Moreover, today’s high and low prices of gold are also available.

Showing GOLD Price of HU in Tola
The Price Right Now 324,546.57
Price on Yesterday 325,484.05
Price Change Today-937.50 (-0.3%)
Today's High Price 325,118.37
Today's Low Price 320,185.02
Today's Price Fluctuation 4,933.30
Market Volatility Status Very High

GOLD Rate of HU in Tola
24K 324,546.57
23K 311,023.79
22K 297,501.02
21K 283,978.25
18K 243,409.93
14K 189,318.83
10K 135,227.74
9K 121,704.96
8K 108,182.19
6K 81,136.64

Hungary Ounce Gold Prices

The table below shows how much gold per ounce is in the Hungary gold market. Moreover, you can also check the price change today in the table below.

Showing GOLD Price of HU in Ounce
The Price Right Now 865,457.52
Price on Yesterday 867,957.47
Price Change Today-2,500.00 (-0.3%)
Today's High Price 866,982.32
Today's Low Price 853,826.72
Today's Price Fluctuation 13,155.60
Market Volatility Status Very High

GOLD Rate of HU in Ounce
24K 865,457.52
23K 829,396.79
22K 793,336.06
21K 757,275.33
18K 649,093.14
14K 504,850.22
10K 360,607.30
9K 324,546.57
8K 288,485.84
6K 216,364.38
Hungary Gold Prices

Hungary Gold Reserves 2023

Hungary’s gold reserves, consisting of approximately 94.49 tonnes of gold, play a crucial role in the country’s economic stability and financial security. These reserves are held by the National Bank of Hungary, which manages the nation’s monetary policy. Gold reserves are valuable assets for any country, as they serve as a form of insurance against economic crises and currency fluctuations.

Where to Buy Gold in Hungary?

Following are some of the famous places in Hungary to buy all types of gold jewelry.

Correct Change & Correct Gold

Address: Budapest, József krt. 40, 1085 Hungary
Phone: +36 1 799 9820

Tavex Magyarország

Address: Budapest, Szabadság tér 7, 1054 Hungary
Phone: +36 20 225 1515

Solar Gold Zrt.

Address: Budapest, Váci út 1-3, 1062 Hungary
Phone: +36 1 808 9088

Monetarium Ltd.

Address: Budapest, Teréz krt. 19, 1067 Hungary
Phone: +36 1 950 1038

Árpád Érembolt

Address: Budapest, Jókai u. 18, 1066 Hungary
Phone: +36 20 937 0750

Honduras Gold Price Gram-Tola-Ounce

Last updated on June 16th, 2024

Check 24K, 22K, 20K, 18K, and 14K gold prices today in Honduras. You can check gold prices per Gram, Tola, and Ounce. In Addition, the tables below also represent Honduras’ gold price history and rate fluctuations. 

Per Gram Gold Price in Honduran lempira (HNL)

Gram gold rates Honduras 24Karat, 23Karat, 22Karat, 21Karat, 20Karat, 18Karat, and 14Karat is shown. See today’s high and low gold spot prices here.

Showing GOLD Price of HN in Gram
Ounce 57,519.50
Gram 1,849.25
Kilo 1,849,292.21
Tola 21,569.81
Baht 27,203.85
Grain 119.83
Ratti 336.57

GOLD Rate of HN in Gram
The Price Right Now 1,849.25
Price on Yesterday 1,849.25
Price Change Today-0.000 (-0%)
Today's High Price 1,852.51
Today's Low Price 1,824.40
Today's Price Fluctuation 28.10
Market Volatility Status Very High

Gold Price Today Per Tola in Honduras

Honduras gold rate per tola 24Carat, 23Carat, 22Carat, 20Carat, 18Carat, and 1Carat shown below. Moreover, today’s high and low prices of gold are also available.

Showing GOLD Price of HN in Tola
The Price Right Now 21,569.81
Price on Yesterday 21,569.81
Price Change Today-0.000 (-0%)
Today's High Price 21,607.82
Today's Low Price 21,279.94
Today's Price Fluctuation 327.90
Market Volatility Status Very High

GOLD Rate of HN in Tola
24K 21,569.81
23K 20,671.07
22K 19,772.33
21K 18,873.59
18K 16,177.36
14K 12,582.39
10K 8,987.42
9K 8,088.68
8K 7,189.94
6K 5,392.45

Honduras Ounce Gold Prices

The table below shows how much gold per ounce is in the Honduras gold market. Moreover, you can also check the price change today in the table below.

Showing GOLD Price of HN in Ounce
The Price Right Now 57,519.50
Price on Yesterday 57,519.50
Price Change Today-0.000 (-0%)
Today's High Price 57,620.84
Today's Low Price 56,746.50
Today's Price Fluctuation 874.30
Market Volatility Status Very High

GOLD Rate of HN in Ounce
24K 57,519.50
23K 55,122.85
22K 52,726.21
21K 50,329.56
18K 43,139.63
14K 33,553.04
10K 23,966.46
9K 21,569.81
8K 19,173.17
6K 14,379.88
Honduras Gold Prices

How much gold is in Honduras?

Honduras is estimated to have approximately 0.69 tonnes of gold. Gold is a valuable natural resource, and this figure represents the known and reported gold reserves in the country. Gold mining and exploration efforts in Honduras may lead to changes in this figure over time, but as of the latest available data, this is the approximate amount of gold that the country possesses.

Where to buy gold in Honduras?

Here are the shops where you can buy the gold jewelry in Honduras:

Encantos Joyería • El Dorado

Address: Blvrd Morazán, Mall El Dorado, Blvd. Morazán, Tegucigalpa 11101, Honduras
Phone: +504 9561-7306

Kassandra Colecciones Invitaciones-Joyería- Accesorios

Address: La Alameda Tegucigalpa, Atención por CITA, enviamos a todo el país., Tegucigalpa, Honduras
Phone: +504 9584-0694

DMB Diseños Marco Bonilla joyería personalizada en Honduras

Address: Col Lomas del Country, Av. Cabañas, Tegucigalpa 11101, Honduras
Phone: +504 8952-6747

Brillanti Joyería

Address: 3RX6+8PJ, Av. Ramón Cruz, Tegucigalpa, Honduras

Rodas Joyeros • Los Castaños

Address: boulevar morazan, paseo los catanos 2do nivel, Tegucigalpa 11101, Honduras
Phone: +504 2235-8384

Gold Rates in Haiti (In HTG)

Last updated on June 16th, 2024

Check 24K, 22K, 20K, 18K, and 14K gold prices today in Haiti. You can check gold prices per Gram, Tola, and Ounce. In Addition, Haitian gold price history and rate fluctuation are also represented in the tables below. 

Per Gram Gold Prices Haiti

Gram gold rates Haiti 24Karat, 23Karat, 22Karat, 21Karat, 20Karat, 18Karat, and 14Karat is shown. See today’s high and low gold spot prices here.

Showing GOLD Price of HT in Gram
Ounce 308,709.67
Gram 9,925.02
Kilo 9,925,232.00
Tola 115,766.13
Baht 146,004.24
Grain 643.14
Ratti 1,806.40

GOLD Rate of HT in Gram
The Price Right Now 9,925.02
Price on Yesterday 9,925.02
Price Change Today-0.000 (-0%)
Today's High Price 9,942.50
Today's Low Price 9,791.63
Today's Price Fluctuation 150.90
Market Volatility Status Very High

Gold Price Today Per Tola in Haiti

Haiti gold rate per tola 24Carat, 23Carat, 22Carat, 20Carat, 18Carat, and 1Carat shown below. Moreover, today’s high and low prices of gold are also available.

Showing GOLD Price of HT in Tola
The Price Right Now 115,766.13
Price on Yesterday 115,766.13
Price Change Today-0.000 (-0%)
Today's High Price 115,970.09
Today's Low Price 114,210.36
Today's Price Fluctuation 1,759.70
Market Volatility Status Very High

GOLD Rate of HT in Tola
24K 115,766.13
23K 110,942.54
22K 106,118.95
21K 101,295.36
18K 86,824.59
14K 67,530.24
10K 48,235.89
9K 43,412.30
8K 38,588.71
6K 28,941.53

Haiti Ounce Gold Prices

The table below shows how much gold per ounce is in Haiti’s gold market. Moreover, you can also check the price change today in the table below.

Showing GOLD Price of HT in Ounce
The Price Right Now 308,709.67
Price on Yesterday 308,709.67
Price Change Today-0.000 (-0%)
Today's High Price 309,253.57
Today's Low Price 304,560.95
Today's Price Fluctuation 4,692.60
Market Volatility Status Very High

GOLD Rate of HT in Ounce
24K 308,709.67
23K 295,846.77
22K 282,983.86
21K 270,120.96
18K 231,532.25
14K 180,080.64
10K 128,629.03
9K 115,766.13
8K 102,903.22
6K 77,177.42
Haiti Gold Prices live and latest

Where is Haiti gold?

Haiti’s gold deposits are spread across various regions of the country, with a particular concentration in the northern and northeastern parts of the island. While these deposits are distributed throughout Haiti, they are not localized in a single specific area. Some of the recognized regions with gold deposits or potential gold-bearing sites include:

Northeastern Haiti: This area encompasses locations around Cap-Haïtien and the Massif du Nord, which have been the focal points of gold exploration and mining activities.

The Trou-du-Nord Area: This region has attracted interest from gold prospectors and mining companies for its mineral potential.

The Trou-des-Nippes Area: Situated in western Haiti, this region has also displayed promise in terms of gold deposits.

Are there gold mines in Haiti?

Haiti has gold deposits, but it has not had large-scale gold mining operations. The presence of gold in Haiti has generated interest in the mining industry, and there have been efforts to attract investment for the development of gold mining projects. However, these efforts have faced various challenges, including political instability, environmental concerns, and the need for significant infrastructure development.

How much gold does Haiti have?

Haiti is reported to have approximately 1.81 metric tons of gold reserves. These reserves represent a relatively small but potentially significant resource for the country. The presence of gold in Haiti is of interest for both economic and development reasons.

Why did the US take gold from Haiti?

U.S. Occupation of Haiti: The U.S. occupation of Haiti commenced in 1915 due to political turmoil in Haiti and the need to safeguard American interests. The primary goals of the occupation were to restore stability, rebuild infrastructure, and establish a more reliable government.

Financial Agreements: During the occupation, the United States imposed various financial arrangements on Haiti. One of these was the establishment of the Banque Nationale de la République d’Haïti (National Bank of the Republic of Haiti) or BNRH in 1916, which operated under U.S. influence and played a pivotal role in managing Haiti’s financial matters.

Gold Reserves: It has been alleged that a substantial portion of Haiti’s gold reserves was transferred to the United States during this time, which has led to claims of gold confiscation or theft. The exact details of these transactions and whether they were part of agreed-upon financial arrangements remain subjects of historical debate and interpretation.

Reparations and Debt: Haiti was required to make substantial payments to foreign creditors during and after the U.S. occupation. This financial burden, which included the repayment of debt, had enduring consequences on Haiti’s economic stability.

Gold Prices in Guyana in Guyanese Dollar

Last updated on June 16th, 2024

Check 24K, 22K, 20K, 18K, and 14K gold prices today in Guyana. You can check gold prices per Gram, Tola, and Ounce. In Addition, Guyana’s gold price history and rate fluctuation are also represented in these tables. 

Per Gram Gold Rate Guyana

1-Gram gold rate Guayana 24Karat, 23Karat, 22Karat, 21Karat, 20Karat, 18Karat, and 14Karat is shown. See today’s high and low gold spot prices here.

Showing GOLD Price of GY in Gram
Ounce 486,939.37
Gram 15,655.10
Kilo 15,655,441.46
Tola 182,602.26
Baht 230,297.97
Grain 1,014.46
Ratti 2,849.30

GOLD Rate of GY in Gram
The Price Right Now 15,655.10
Price on Yesterday 15,655.10
Price Change Today-0.000 (-0%)
Today's High Price 15,682.68
Today's Low Price 15,444.71
Today's Price Fluctuation 238.00
Market Volatility Status Very High

Gold Price Today Per Tola in Guyana

Today gold rate per tola 24Carat, 23Carat, 22Carat, 20Carat, 18Carat, and 1 Carat shown below. Moreover, today’s high and low prices of gold are also available.

Showing GOLD Price of GY in Tola
The Price Right Now 182,602.26
Price on Yesterday 182,602.27
Price Change Today-0.000 (-0%)
Today's High Price 182,923.98
Today's Low Price 180,148.29
Today's Price Fluctuation 2,775.70
Market Volatility Status Very High

GOLD Rate of GY in Tola
24K 182,602.26
23K 174,993.83
22K 167,385.41
21K 159,776.98
18K 136,951.70
14K 106,517.99
10K 76,084.28
9K 68,475.85
8K 60,867.42
6K 45,650.57

Guyana Ounce Gold Prices

The table below shows how much gold per ounce is in the Guyana gold market. Moreover, you can also check the price change today here in the below table.

Showing GOLD Price of GY in Ounce
The Price Right Now 486,939.37
Price on Yesterday 486,939.37
Price Change Today-0.000 (-0%)
Today's High Price 487,797.28
Today's Low Price 480,395.44
Today's Price Fluctuation 7,401.80
Market Volatility Status Very High

GOLD Rate of GY in Ounce
24K 486,939.37
23K 466,650.22
22K 446,361.08
21K 426,071.94
18K 365,204.52
14K 284,047.96
10K 202,891.40
9K 182,602.26
8K 162,313.12
6K 121,734.84
Gold Price in Guyana

Is Gold Jewelry Cheaper in Guyana?

Yes, gold jewelry is often cheaper in Guyana compared to many other countries. There are several reasons for this:

Local Gold Production: Guyana is a gold-rich country with significant gold mining operations. This means that the country has a steady supply of gold, which can help keep prices competitive.

Lower Labor Costs: Guyana generally has lower labor costs than many Western countries, which can translate to more affordable craftsmanship and design work for gold jewelry.

Reduced Import Costs: When gold jewelry is produced locally, it reduces the need for expensive imports, which can help keep prices down.

Variety and Customization: The local jewelry market in Guyana often offers a wide range of designs and customization options. This allows consumers to find pieces that fit their preferences and budget.

Duty-Free Shopping: Some tourists visiting Guyana may also enjoy duty-free shopping, making gold jewelry more affordable for international visitors.

Gold Shops to Buy Gold Jewelry in Guyana

Raj Jewellery

Address: East Coast Demerara, MOVIETOWNE MALl & GIFTLAND MALL Turkeyen, Georgetown, Guyana
Phone: +592 658 5730

King’s Jewellery World

Address: 141 Quamina Street, Georgetown, Guyana
Phone: +592 226 0704

Steves Jewelry World

Address: RR6R+MVP, Georgetown, Guyana
Phone: +592 223 9641

Gold vs Cryptocurrency-A Comprehensive Comparison

Gold vs Cryptocurrency

Last updated on June 16th, 2024

In today’s ever-evolving financial landscape, investors are constantly seeking alternative stores of value. Gold and cryptocurrencies, particularly Bitcoin, have emerged as compelling options. In this blog, we will delve into the investment potential and risks associated with these two assets, offering a comprehensive comparison to help you make informed decisions.

Historical Significance and Performance

Gold: A Timeless Store of Value

Gold has held a significant place in the world’s financial history, dating back thousands of years. Its enduring allure as a store of value stems from its intrinsic characteristics and historical track record. Gold’s history includes periods of boom and bust, but it has consistently maintained its value over the long term.

Throughout history, gold has played pivotal roles in various civilizations, from ancient Egypt’s use in burial tombs to the Gold Rush era in the United States. It’s also been the basis for currency systems and has backed central bank reserves. The historical performance of gold as an investment is marked by stability and reliability

Bitcoin: A Revolutionary Digital Asset

In contrast to gold’s millennia-old history, Bitcoin is a relatively new addition to the world of finance. Created in 2009 by an anonymous entity known as Satoshi Nakamoto, Bitcoin introduced a revolutionary concept – digital scarcity. Bitcoin’s decentralized nature, enabled by blockchain technology, promised to disrupt traditional financial systems.

Bitcoin’s performance has been nothing short of remarkable. Its value has experienced meteoric rises and precipitous falls, attracting both mainstream attention and skepticism. Its price volatility has made headlines, with notable bull and bear markets. Despite this volatility, Bitcoin has demonstrated the potential for substantial returns, sparking interest from investors worldwide.

Do you know why you must invest in gold in Kuwait?

Supply and Scarcity

Gold: Limited and Tangible Supply

One of gold’s fundamental attributes is its limited supply. The finite quantity of gold on Earth, combined with the difficulty and cost of mining and refining, contributes to its scarcity. This scarcity has been a cornerstone of gold’s value for centuries.

However, it’s essential to note that discoveries and advances in mining technology can impact the future supply of gold. While these developments may affect the market dynamics, they are unlikely to change the fact that gold remains a precious and finite resource.

Bitcoin: Digital Scarcity Through Halving

Bitcoin takes scarcity to a new level by incorporating it directly into its protocol. The mechanism known as “halving” occurs approximately every four years, reducing the rate at which new Bitcoins are created by half. This process continues until the maximum supply of 21 million Bitcoins is reached, making it deflationary.

Bitcoin’s fixed supply and predetermined issuance schedule provide a level of scarcity not found in traditional assets like gold. This feature is a driving force behind its appeal as a digital store of value.

Store of Value Attributes

Gold: Tangibility and Inherent Value

Gold’s value is rooted in its physical properties. It is a tangible asset with intrinsic worth, which includes its malleability, conductivity, and resistance to corrosion. Beyond its monetary value, gold has practical uses in jewelry, electronics, and dentistry. Central banks worldwide hold significant gold reserves, reinforcing their status as a store of value.

These attributes provide a sense of security to gold investors. Even in times of financial turmoil, gold’s inherent value remains intact, making it a reliable asset to preserve wealth.

Store of Value Gold vs Bitcoin

Bitcoin: Digital and Decentralized Store of Value

Bitcoin’s store of value characteristics are distinct from gold. It relies on digital code and decentralized ledger technology to establish trust and immutability. Bitcoin’s blockchain ensures that transactions are transparent and secure, eliminating the need for intermediaries.

However, Bitcoin’s intangibility can be seen as both an advantage and a drawback. While it offers digital convenience and security, some investors may find it challenging to grasp its value compared to a tangible asset like gold.

Volatility and Risk

Gold: Stability and Hedging

Gold’s historical price volatility is relatively moderate compared to cryptocurrencies like Bitcoin. It is often used as a hedge against economic uncertainty, inflation, and currency devaluation. During times of crisis, gold tends to perform well, providing a haven for investors seeking to preserve capital.

However, gold is not without risks. Its price can fluctuate due to various factors, including changes in interest rates, geopolitical events, and currency movements. Additionally, owning physical gold comes with storage costs and security concerns.

Bitcoin: High Volatility and Speculative Nature

Bitcoin’s reputation for price volatility is well-documented. It has experienced dramatic price swings, with rapid increases and sharp declines. While this volatility has led to significant gains for some investors, it has also raised concerns about its suitability as a store of value.

Bitcoin’s speculative nature is a double-edged sword. It attracts traders seeking short-term profits but can deter risk-averse investors looking for stability. The potential for substantial gains is counterbalanced by the risk of substantial losses.

Liquidity and Accessibility

Gold: Established Markets

Gold benefits from well-established global markets, providing high liquidity. It can be bought and sold easily through various channels, including bullion dealers, jewelry stores, and online platforms. Investors have a range of options, from physical gold bars and coins to gold-backed exchange-traded funds (ETFs).

This accessibility makes gold a versatile asset for investors of all sizes, from individual buyers to institutional investors. It also contributes to its role as a portfolio diversification tool.

Gold vs Bitcoin which is more easily liquidatable

Bitcoin: Accessibility and Digital Transactions

Bitcoin’s accessibility is unique in that it can be traded 24/7 on numerous cryptocurrency exchanges worldwide. Acquiring and storing Bitcoin is relatively straightforward through digital wallets. The ability to make digital transactions provides convenience and reduces the need for intermediaries.

However, Bitcoin’s accessibility also raises regulatory and security concerns. The evolving nature of cryptocurrency regulations can impact the legality and taxation of Bitcoin investments. Investors need to stay informed and compliant with changing regulations.

Regulation and Taxation

Gold: Established Regulations

Gold investments are subject to established regulations in most jurisdictions. These regulations primarily concern the purity and quality of gold products and the taxation of gains from gold sales. The stability of the regulatory environment surrounding gold investments is generally well-established.

Investors can typically rely on a transparent and predictable framework when investing in physical gold or gold-related financial products like ETFs.

Bitcoin: Evolving Regulatory Landscape

The regulatory landscape for cryptocurrencies like Bitcoin is still evolving. Different countries have varying approaches to cryptocurrency regulation, ranging from embracing it to imposing strict restrictions. Changes in regulations can impact the legality and taxation of Bitcoin transactions.

Investors in Bitcoin should be aware of and compliant with the regulatory requirements in their respective jurisdictions. Staying informed about developments in cryptocurrency regulations is essential to avoid legal issues and tax liabilities.

Portfolio Diversification

Gold: Traditional Portfolio Hedge

Gold has a long history as a diversification tool in investment portfolios. It has shown a tendency to perform well when traditional assets like stocks and bonds face challenges. Adding gold to a portfolio can help reduce overall risk and increase diversification.

Investors often allocate a portion of their portfolios to gold to mitigate the impact of market volatility and economic uncertainty.

Bitcoin: Modern Portfolio Diversification

Bitcoin’s potential as a portfolio diversifier has gained recognition in recent years. It operates independently of traditional markets and can exhibit non-correlated price movements. Including Bitcoin in a diversified investment strategy can help offset risks associated with traditional assets.

However, it’s important to note that Bitcoin’s high volatility makes it a more speculative addition to a portfolio. Investors should carefully consider their risk tolerance and investment goals before incorporating Bitcoin.

Conclusion

In the quest for alternative stores of value, both gold and cryptocurrencies like Bitcoin offer unique investment potential and risks. Gold’s historical significance and stability make it a time-tested choice, while Bitcoin’s digital scarcity and decentralization appeal to a new generation of investors. To make an informed decision, it’s crucial to weigh the attributes and risks of each asset class carefully. Whether you opt for the tangible allure of gold or the digital revolution of Bitcoin, a diversified approach to wealth preservation and growth remains a prudent strategy in today’s dynamic financial landscape.

Precio Del Oro en EE.UU.

Last updated on June 16th, 2024

Bienvenido a thegoldlive.com. Aquí usted puede comprobar el precio del oro en los EE.UU. hoy. La tasa de oro cambia diariamente. Todos los precios se muestran en 24K, 22K, 21K, 20K, 18K, 14K a 1K precios del oro en los EE.UU. hoy. Usted puede comprobar el gramo, onza, y los precios Tola de oro aquí.

Precio Del Oro en EE.UU. Por Gramo

Esta tabla muestra cuánto cuesta 1 gramo de oro en los Estados Unidos. Hoy,s Alto y bajo los precios del oro también se muestran.

Showing GOLD Price of US in Gram
Ounce $2,332.78
Gram $75.00
Kilo $75,000.53
Tola $874.79
Baht $1,103.29
Grain $4.86
Ratti $13.65

GOLD Rate of US in Gram
The Price Right Now $75.00
Price on Yesterday $75.00
Price Change Today-$0.000 (-0%)
Today's High Price $75.13
Today's Low Price $73.99
Today's Price Fluctuation $1.14
Market Volatility Status Very High

Precio De La Onza De Oro de 24 Quilates en EE.UU.

Compruebe el precio del oro de 24 quilates por onza hoy en los EE.UU..

Showing GOLD Price of US in Ounce
The Price Right Now $2,332.78
Price on Yesterday $2,332.78
Price Change Today-$0.000 (-0%)
Today's High Price $2,336.89
Today's Low Price $2,301.43
Today's Price Fluctuation $35.50
Market Volatility Status Very High

GOLD Rate of US in Ounce
24K $2,332.78
23K $2,235.58
22K $2,138.38
21K $2,041.18
18K $1,749.59
14K $1,360.79
10K $971.99
9K $874.79
8K $777.59
6K $583.20

Cuánto Cuesta 1 Tola De Oro en EE.UU.?

Showing GOLD Price of US in Tola
The Price Right Now $874.79
Price on Yesterday $874.79
Price Change Today-$0.000 (-0%)
Today's High Price $876.33
Today's Low Price $863.04
Today's Price Fluctuation $13.30
Market Volatility Status Very High

GOLD Rate of US in Tola
24K $874.79
23K $838.34
22K $801.89
21K $765.44
18K $656.09
14K $510.30
10K $364.50
9K $328.05
8K $291.60
6K $218.70

La cotización del oro en EE. UU. se desglosa según su pureza en tolas de 24, 22, 20, 18 y 14 quilates, ofreciendo una gama completa de opciones para los interesados. Esta fuente también presenta los valores máximos y mínimos del oro en el día actual, proporcionando una referencia conveniente para los observadores del mercado.

Con una presencia geográfica que abarca 50 estados, Estados Unidos emerge como una potencia económica y global sin igual. Su influencia financiera es innegable, respaldada por una población cercana a los 329,5 millones de individuos. Como epicentro administrativo, Washington D.C. se alza como la capital de la nación conocida como Estados Unidos de América.

El dólar estadounidense, sin duda, ostenta el título de divisa oficial de los Estados Unidos. Su renombre trasciende fronteras, ejerciendo como protagonista en transacciones internacionales a nivel mundial. De hecho, funge como la moneda predominante en las reservas monetarias de prácticamente todas las naciones.

Concept of Zakat on Gold in Islam

Zakat on Gold in Islam

In Islam, Zakat is one of the five pillars and an essential religious obligation for all Muslims. It is an act of charity and a way to purify one’s wealth. In this article, we will discuss the importance of Zakat on gold and how to calculate it according to Islamic guidelines.

Gold holds a significant position in Islamic culture and tradition. It has been used as a currency for the trade and exchange of goods for centuries. Therefore, Zakat on gold is one of the most important aspects of Zakat in Islam. It is a way to distribute wealth among the poor and needy and promote social justice.

In this article, we will provide an overview of Zakat on gold and its importance in Islam. We will also discuss the calculation of Zakat on gold, the Nisab of Zakat, and how to pay Zakat on gold.

Zakat on Gold in Islam

Zakat on gold is a religious obligation for Muslims who possess gold for one complete lunar year. It is considered one of the most important acts of worship in Islam. Fulfilling this obligation is essential, as it purifies one’s wealth and promotes social justice. By giving a portion of their wealth to the poor and needy, Muslims show gratitude to Allah for His blessings.

Nisab of Zakat on Gold in Tola and Grams

The Nisab is the minimum wealth a Muslim must possess before they are obligated to pay Zakat. The Nisab for Zakat on gold is based on the market value of gold and varies in different regions. The Nisab for Zakat on gold in Tola in Pakistan for the year 2023 is 7.5 Tola, while the Nisab for Zakat on gold per gram is 87.48 grams.

Check the gold rates in these Islamic countries: Saudi Arabia, Kuwait, Qatar, UAE, Oman, Bangladesh, and Dubai,

To determine the Nisab amount, Muslims need to calculate the current market value of gold in their region and multiply it by the applicable Nisab rate. If the total value of their gold exceeds the Nisab amount, then they are obligated to pay Zakat for it.

Zakat on Gold Jewellery in Islam

Zakat obligation also applies to gold jewelry owned by Muslims. To calculate the Zakat on gold jewelry, one needs to determine the gold content of the jewelry and calculate the Zakat based on the weight or value of the gold content.

How to Calculate Zakat on Gold

How to calculate zakat on gold

There are various methods of calculating Zakat on gold. The most common method is to calculate it based on the weight of gold one possesses. The rate of Zakat on gold is 2.5%, which means that 2.5% of the total weight of gold owned must be given in Zakat. It can also be calculated based on the value of gold or both.

For example, if someone owns 10 Tola of gold, they need to calculate the current market value of the gold and multiply it by 2.5%. This will give them the Zakat amount that they are obligated to pay.

Zakat on 1 Tola Gold in Pakistan 2023

In Pakistan, the Zakat rate on 1 Tola of gold for the year 2023 is 0.1316 Tola. To calculate the Zakat on 1 Tola of gold, one needs to multiply the current market value of 1 Tola of gold by 0.1316.

Zakat on Gold per Tola and per Gram

Zakat rates for gold per Tola and per gram differ, and it is essential to understand the difference in calculation between Zakat on gold per Tola and per gram. The Zakat rate for gold per gram is higher than the rate per Tola. Therefore, it is necessary to calculate the Zakat rate based on the measurement unit used.

How to Pay Zakat on Gold

Zakat can be paid to the needy and deserving people directly or through an Islamic charity organization. It is essential to ensure that the recipients of Zakat are eligible according to Islamic guidelines. Zakat must be paid on time, and it is important to understand the proper distribution of Zakat funds.

Zakat on Gold in Urdu

Agar aap ke paas 85 gram son se ziyada ki miqdaar hai, to aap ko is par Zakat dene ka farz hota hai jis ki sharah total qeemat ki 2.5% hai. Yad rahey ke Zakat son ki zevarat par lagoo nahi hoti jo rozana pehnayi jati hain ya shakhsi zevarat ki shakal mein istemaal ki jati hain.

Lihaza, agar aap ke paas son hai jo sarmaya kaari ya karobaar ke maqasad ke liye hai, to aap ko Zakat ka hisaab lagaana aur is ki adaigi karna zaroori hai. Is farz ko ada karna ek musalman ki aik aham zimmedaari hai.

Conclusion

Zakat on gold is an essential religious obligation for Muslims. Fulfilling this obligation purifies one’s wealth and promotes social justice by helping the poor and needy. Muslims must understand the calculation and payment of Zakat on gold to fulfill this obligation correctly. This article has provided a comprehensive guide on Zakat on gold in Islam, from its religious obligation to its calculation, payment, and importance in Pakistan. It is crucial to encourage further education and awareness of Zakat in Islam to continue fulfilling this act of worship properly.

FAQ’s

Here are some of the most frequently asked questions listed below:

What is the importance of Zakat on Gold in Islam?

Zakat on Gold is an essential obligation in Islam as it purifies one’s wealth and promotes social justice by helping the poor and needy.

How is Zakat on Gold calculated?

Zakat on Gold can be calculated based on weight, value, or both. The rate of Zakat on Gold is 2.5%, which means that 2.5% of the total weight of gold owned must be given in Zakat.

What is the Nisab of Zakat on Gold in Tola and Grams?

The Nisab is the minimum wealth a Muslim must possess before they are obligated to pay Zakat. The Nisab for Zakat on Gold in Tola and Grams varies in different regions and is based on the current market value of gold.

Do I have to pay Zakat on Gold Jewelry?

Yes, the Zakat obligation also applies to gold jewelry owned by Muslims. To calculate the Zakat on gold jewelry, one needs to determine the gold content of the jewelry and calculate the Zakat based on the weight or value of the gold content.

How do I pay Zakat on Gold?

Zakat can be paid directly to the needy and deserving people or through an Islamic charity organization. It is crucial to ensure that the recipients of Zakat are eligible according to Islamic guidelines. It is also important to pay Zakat on time and understand the proper distribution of Zakat funds.

What is the Zakat rate on 1 Tola of Gold in Pakistan in 2023?

In Pakistan, the Zakat rate on 1 Tola of Gold for the year 2023 is 0.1316 Tola.

How can I determine the current market value of gold in my region?

You can determine the current market value of gold in your region by checking with your local jewelers or using online gold rate calculators.

Is it necessary to pay Zakat on Gold every year?

Yes, Zakat on Gold is a yearly obligation for Muslims who possess gold for one complete lunar year.

Can I pay Zakat on Gold in installments?

Yes, you can pay Zakat on Gold in installments if it is difficult for you to pay the full amount at once.

What is the penalty for not paying Zakat on Gold?

Not fulfilling the Zakat obligation is considered a sin in Islam. Muslims who do not pay Zakat on Gold may face spiritual and worldly consequences according to Islamic teachings.

Disadvantages of Investing in Gold

Disadvantages of Investing in Gold

Investing in gold has been a time-honored strategy for securing wealth for centuries. Gold is considered a safe haven asset that can shield investors from economic uncertainty. However, it’s also important to acknowledge that investing in gold has its fair share of disadvantages that should be taken into account before making any investment decisions.

In this article, we’ll explore some of the major drawbacks of investing in gold as a financial asset. We’ll take a look at the limited income potential, volatile market, gold price fluctuation, and storage and insurance costs associated with investing in gold.

Major Drawbacks of Investing in Gold

Drawbacks of Investing in Gold

While gold has its advantages, it also has several disadvantages as a financial asset. Here are some of the main drawbacks of investing in gold:

Limited Income Potential

Gold is often considered a safe haven asset that can protect investors from economic uncertainty. However, compared to other investment assets, gold has limited income potential. Unlike stocks and bonds, gold doesn’t generate any income in the form of dividends or interest payments. This means that investing in gold can be less attractive for investors who are looking for regular income from their investments.

Lack of Cash Flows

One of the major reasons for gold’s limited income potential is its lack of cash flow. Unlike other assets, such as stocks, which generate income through dividends, or bonds, which generate income through interest payments, gold doesn’t generate any income. As a result, investors who are looking for regular income from their investments may prefer other assets that offer better income potential.

Opportunity Cost

Another factor that can impact gold’s income potential is the opportunity cost of investing in gold. When an investor puts money into gold, that money isn’t available for investing in other assets that may have better income potential. For example, if an investor puts money into gold instead of stocks, they may miss out on the potential dividends that stocks offer. This is known as the opportunity cost of investing in gold.

Volatile Market

Another major disadvantage of investing in gold is its volatile market. Gold prices can be unpredictable and subject to rapid swings, which can lead to potential losses for investors. Several macroeconomic factors, including inflation, interest rates, and currency fluctuations, can impact the value of gold.

For example, when interest rates rise, the value of gold tends to decline. This is because higher interest rates can increase the opportunity cost of holding gold, as other assets may offer better returns. Additionally, currency fluctuations can impact the value of gold, as gold is priced in US dollars. If the US dollar weakens, gold prices may rise, and if the US dollar strengthens, gold prices may fall.

Related Content: Gold vs. Crypto which is better?

Speculation and Manipulation

Speculation and manipulation in the gold market

Speculation and manipulation in the gold market can also exacerbate price swings. For example, rumors about central bank actions or large trades in the gold market can lead to speculation and cause prices to fluctuate rapidly. In some cases, market manipulation can also impact gold prices.

Storage and Insurance Costs

Investing in physical gold requires storage and insurance costs, which can add up over time. The cost of secure storage and insurance can reduce potential returns and increase the overall cost of investing in gold.

Risk of Fraud

Gold investments can also be subject to fraud, especially when dealing with unscrupulous dealers or brokers. Investors need to be careful to only buy gold from reputable sources and to verify the purity and authenticity of the gold they purchase.

Conclusion

Investing in gold has several advantages, including diversification benefits and protection against economic uncertainty. However, investors also need to consider the drawbacks of investing in gold, including its limited income potential and volatile market.

Additionally, the costs associated with storing and insuring physical gold can add to the overall cost of investing in gold. Therefore, investors need to carefully consider the pros and cons of investing in gold and weigh them against their investment goals and risk tolerance. For investors who still want to invest in gold, investing in gold ETFs or other gold-related financial products can be a more cost-effective option.

FAQ’s

Here below are some of the frequently asked questions:

What are some disadvantages of investing in gold?

Investing in gold has its drawbacks. Despite being a popular choice among investors, it comes with its share of risks. Some of the disadvantages of investing in gold include a lack of cash flow, high transaction costs, and storage issues. Additionally, gold’s value can fluctuate wildly, which can result in significant losses for investors.

Is investing in gold a risky investment?

Like any investment, investing in gold carries risk. Gold is a commodity that experiences significant fluctuations in value based on a variety of factors, such as supply and demand, political and economic conditions, and market sentiment. These fluctuations can lead to significant losses for investors, especially those who don’t have a diversified portfolio.

Can investing in gold lead to a lack of diversification?

Investing solely in gold can lead to a lack of diversification, which can be risky for investors. Diversification is important in investing because it spreads out your investment across different asset classes, sectors, and regions, reducing your overall risk. By investing only in gold, you are limiting your exposure to other asset classes and sectors, which can be a disadvantage in terms of risk management.

Are storage issues a concern when investing in gold?

Yes, storage is a major concern when investing in physical gold. Unlike other investments like stocks or bonds, gold cannot be stored digitally or in a bank account. Investors must physically store their gold, which can be expensive and risky. Investors may have to pay for a secure storage facility, which can be costly, and there is always a risk of theft or loss.

Is transaction costs a significant disadvantage of investing in gold?

Yes, transaction costs are a significant disadvantage of investing in gold. Buying and selling gold often involves high transaction costs, such as commission fees and taxes. These costs can add up over time and eat into an investor’s returns. Additionally, the bid-ask spread for gold can be wide, which means investors may not get the best price when buying or selling.

Jackson Heights Jewelry Stores

Jackson Heights Jewelry Stores

If you’re in the market for exquisite jewelry pieces that are both stunning and timeless, you’ll want to check them out. We gathered a list of all the premier jewelry stores located in the heart of Jackson Heights.

Jackson Heights Jewelry Stores

They have all you need from classic engagement rings to unique and fashionable earrings, these jewelers create beautiful, high-quality pieces that are sure to make a statement. With a dedication to exceptional customer service, they strive to make every shopping experience a memorable one.

In this blog post, we’ll take a closer look at what makes them one of the top jewelry stores in Jackson Heights, exploring products, and services, and what sets them apart from the competition. Whether you’re shopping for yourself or searching for the perfect gift, we’re confident you’ll find something you love at these Indian jewelry stores situated in Jackson Heights.

Jackson Heights Gold Prices

Check the Jackson Heights Gold Prices in Gram, Ounce, and Tola quantities. These gold rates are available in 24Carat, 22Carat, 21Carat, 20Carat, 18Carat, and 14Carat purities.

Gram Gold Prices Jackson Heights

Showing GOLD Price of US in Gram
Ounce $2,332.78
Gram $75.00
Kilo $75,000.53
Tola $874.79
Baht $1,103.29
Grain $4.86
Ratti $13.65

GOLD Rate of US in Gram
The Price Right Now $75.00
Price on Yesterday $75.00
Price Change Today-$0.000 (-0%)
Today's High Price $75.13
Today's Low Price $73.99
Today's Price Fluctuation $1.14
Market Volatility Status Very High

Ounce Gold Rate Jackson Heights

Showing GOLD Price of US in Ounce
The Price Right Now $2,332.78
Price on Yesterday $2,332.78
Price Change Today-$0.000 (-0%)
Today's High Price $2,336.89
Today's Low Price $2,301.43
Today's Price Fluctuation $35.50
Market Volatility Status Very High

GOLD Rate of US in Ounce
24K $2,332.78
23K $2,235.58
22K $2,138.38
21K $2,041.18
18K $1,749.59
14K $1,360.79
10K $971.99
9K $874.79
8K $777.59
6K $583.20

Per Tola Gold Price Jackson Heights

Showing GOLD Price of US in Tola
The Price Right Now $874.79
Price on Yesterday $874.79
Price Change Today-$0.000 (-0%)
Today's High Price $876.33
Today's Low Price $863.04
Today's Price Fluctuation $13.30
Market Volatility Status Very High

GOLD Rate of US in Tola
24K $874.79
23K $838.34
22K $801.89
21K $765.44
18K $656.09
14K $510.30
10K $364.50
9K $328.05
8K $291.60
6K $218.70

Also, Check Gold Prices in the USA Today

Top Five Jackson Heights Jewelry Stores

Here is the list of the top five Jackson Heights Jewelry Stores where you can buy gold jewelry:

Kunal Jewelers

Address: 37-08 74th Street, Jackson Heights, NY 11372

Phone: (718) 478-7200

Jewelers Emporium

Address: 37-06 82nd St, Jackson Heights, NY 11372

Phone: (718) 426-0088

Omar Jewelers

Address: 73, 11 A 37th Rd, Jackson Heights, NY 11372

Phone: (718) 505-1162

Alankar Jewelers

Address: 37-45 74th Street, Jackson Heights, NY 11372

Phone: (718) 205-6500

Devisons Jewelers

Address: 3765 82nd St, Jackson Heights, NY 11372

Phone: (718) 457-5365

Guide For How To Buy Gold Jewelry

Looking to buy gold jewelry? Whether it’s a special occasion piece or a timeless addition to your collection, it’s important to follow proper buying procedures to ensure you’re getting high-quality jewelry at a fair price. Here’s a more detailed look at the essential steps to help you buy gold jewelry with confidence, but first you must check the gold price.

How to buy gold jewelry

Research

Take some time to learn about the 4 Cs of gold and the purity levels of gold. Understanding hallmarking systems and current gold prices can also help you make an informed purchase. Additionally, it’s important to research the purity levels of gold as different countries have varying standards.

Determine Your Budget

After conducting research, decide on your budget and the type of jewelry you want. Keep in mind that while gold is a valuable commodity, the price can vary depending on factors such as design, weight, and quality. Researching the costs of similar pieces and considering the practicality of the jewelry can also help you make a smart buying decision.

Also Read: Gold Testing Methods

Find a Reputable Jeweler

Reading reviews, checking certifications, and verifying the authenticity of the seller are all essential steps to finding a reputable jeweler. Inquiring about warranties and return policies can also give you peace of mind.

Choose the Right Design

Guide on how to buy gold jewelry

Consider the purpose of the jewelry, such as if it’s for a formal event or everyday wear, and choose a design that suits your style. Think about the occasion and frequency of use.

Inspect the Jewelry

Before making a purchase, inspect the jewelry for any damages or defects. Verify the purity of the gold and hallmark and examine the clasp and closures. It’s also important to inspect the stone if the jewelry piece includes one.

Negotiate the Price

When buying gold jewelry, it’s important to understand the current market rates and be prepared to negotiate. While gold is a valuable commodity, the price can vary depending on factors such as the current market rates and the quality of the jewelry. Don’t hesitate to walk away if the price is too high or if you’re not getting the quality you’re expecting.

Finalize the Purchase

Once you’ve found a reputable jeweler, chosen a design, and inspected the jewelry, it’s time to finalize the purchase. Ensure that you get a receipt and understand the warranty and return policy. Store the jewelry in a safe place, and clean it regularly to maintain its quality and shine.

FAQ’s

Here are some of the most frequently asked questions:

What should I consider when buying gold jewelry?

When buying gold jewelry, you should consider the 4 Cs of gold (cut, clarity, color, and carat weight), the purity levels of gold, the design and style of the jewelry, and your budget.

How do I know if the gold jewelry is authentic?

To ensure that the gold jewelry is authentic, verify the seller’s certifications and read reviews. You should also check the purity of the gold and hallmark, and inspect the jewelry for any damages or defects.

How much should I expect to pay for gold jewelry?

The cost of gold jewelry can vary depending on factors such as the design, weight, and quality of the piece. It’s important to research the costs of similar pieces to ensure that you’re paying a fair price.

What should I do if the jewelry doesn’t meet my expectations?

If the jewelry doesn’t meet your expectations, check the warranty and return policy to see if you’re eligible for a return or exchange. Contact the seller and explain the issue to see if they can offer a solution.

How do I take care of my gold jewelry?

To maintain the quality of your gold jewelry, store it in a safe place, clean it regularly with a soft cloth and mild soap, and avoid exposing it to harsh chemicals or extreme temperatures.

Can I negotiate the price of gold jewelry?

Yes, you can negotiate the price of gold jewelry. Understanding the current market rates and being prepared to negotiate can help you get the best value for your investment.

What should I do if I’m not sure about a jewelry purchase?

If you’re not sure about a jewelry purchase, take some time to think about it and do more research. Don’t feel pressured to make a decision on the spot, and ask the seller any questions you may have to clarify any concerns.