The fascination of Coimbatore for gold dates back to the pages of history. A fast-growing 2 tier city with a high standard of living, this South Indian city continues to have a soft corner for gold investment. Here, the gold rates are mainly based on market fluctuation and availability, among others. Today Gold rate in Coimbatore is ₹ 51,920 per 10 grams for 24 Carat and ₹ 47,600 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 5,192 | ₹ 0 |
8 grams | ₹ 41,536 | ₹ 0 |
10 grams | ₹ 51,920 | ₹ 0 |
100 grams | ₹ 5,19,200 | ₹ 0 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 4,760 | ₹ 0 |
8 grams | ₹ 38,080 | ₹ 0 |
10 grams | ₹ 47,600 | ₹ 0 |
100 grams | ₹ 4,76,000 | ₹ 0 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
26 June 2022 | ₹ 51,920 | ₹ 47,600 | 0% |
25 June 2022 | ₹ 51,920 | ₹ 47,600 | +0.15% |
24 June 2022 | ₹ 51,850 | ₹ 47,530 | -0.36% |
23 June 2022 | ₹ 52,040 | ₹ 47,700 | +0.32% |
22 June 2022 | ₹ 51,860 | ₹ 47,550 | -0.42% |
21 June 2022 | ₹ 52,090 | ₹ 47,750 | -0.21% |
20 June 2022 | ₹ 52,190 | ₹ 47,850 | +0.21% |
19 June 2022 | ₹ 52,090 | ₹ 47,750 | 0% |
18 June 2022 | ₹ 52,090 | ₹ 47,750 | -0.21% |
17 June 2022 | ₹ 52,180 | ₹ 47,850 | +0.42% |
16 June 2022 | ₹ 51,980 | ₹ 47,650 | +0.95% |
15 June 2022 | ₹ 51,500 | ₹ 47,200 | -0.74% |
14 June 2022 | ₹ 51,880 | ₹ 47,550 | -1.82% |
13 June 2022 | ₹ 52,830 | ₹ 48,430 | 0% |
12 June 2022 | ₹ 52,830 | ₹ 48,430 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ 49,020 | ₹ 53,480 |
31st May rate | ₹ 47,920 | ₹ 52,260 |
Highest rate in May | ₹ 49,030 on 1st May 2022 | ₹ 53,490 on 1st May 2022 |
Lowest rate in May | ₹ 47,280 on 17th May 2022 | ₹ 51,580 on 17th May 2022 |
Over all performance | Falling | Falling |
% change | -2.28% | -2.28% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ 48,340 | ₹ 52,730 |
30th April rate | ₹ 49,030 | ₹ 53,490 |
Highest rate in April | ₹ 50,480 on 19th April 2022 | ₹ 55,070 on 19th April 2022 |
Lowest rate in April | ₹ 47,930 on 1st April 2022 | ₹ 52,290 on 1st April 2022 |
Over all performance | Rising | Rising |
% change | +1.44% | +1.44% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ 47,880 | ₹ 52,230 |
31st March rate | ₹ 47,930 | ₹ 52,290 |
Highest rate in March | ₹ 51,050 on 9th March 2022 | ₹ 55,690 on 9th March 2022 |
Lowest rate in March | ₹ 47,800 on 24th March 2022 | ₹ 52,150 on 24th March 2022 |
Over all performance | Rising | Rising |
% change | +0.11% | +0.11% |
International factors also seem to play an important role in the same, particularly international currency fluctuations and global trade policies.
Pledging gold as collateral to meet financial needs has been a constant feature of the Indian gold market. Traditionally, households use gold loans to meet costs of health, education, and marriage. Small businesses use them for their working capital needs. Coimbatore treads on the same path.
With modernisation, the city hasn’t abandoned its favourite precious metal. Rather, Coimbatore has slowly adapted to the new ways of investing in gold digitally. The popularity of gold sovereign bonds, trade exchanges, and gold futures is rising with each passing day.
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