Gold rate in the Indian
market is decided by International market. Ideally gold rates should remain
same across the country. However, gold rates in Indian cities differ from each
other. Gold price in Mumbai is different than Delhi or Chennai. Some cities
offer gold at lower rate compare to other. Reasons for why Gold Rate in Indian
cities is different are given below.
Transportation Cost –
Transportation
cost plays an important role in determining the gold price. Physical movement
of gold from one place to another place requires suitable security arrangement.
Spending on this will increase a price of gold…….Continue
Reading
