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 ₹ 64,530 per 10 grams for 24 Carat and ₹ 59,150 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,453 | - ₹ 5 |
8 grams
|
₹ 51,624 | - ₹ 40 |
10 grams
|
₹ 64,530 | - ₹ 50 |
100 grams
|
₹ 6,45,300 | - ₹ 500 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,915 | - ₹ 5 |
8 grams
|
₹ 47,320 | - ₹ 40 |
10 grams
|
₹ 59,150 | - ₹ 50 |
100 grams
|
₹ 5,91,500 | - ₹ 500 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
03 January 2024
|
₹ 64,530 | ₹ 59,150 | -0.08% |
02 January 2024
|
₹ 64,580 | ₹ 59,200 | +0.17% |
01 January 2024
|
₹ 64,470 | ₹ 59,100 | 0% |
31 December 2023
|
₹ 64,470 | ₹ 59,100 | 0% |
30 December 2023
|
₹ 64,470 | ₹ 59,100 | 0% |
29 December 2023
|
₹ 64,470 | ₹ 59,100 | -0.59% |
28 December 2023
|
₹ 64,850 | ₹ 59,450 | +0.76% |
27 December 2023
|
₹ 64,360 | ₹ 59,000 | +0.08% |
26 December 2023
|
₹ 64,310 | ₹ 58,950 | +0.26% |
25 December 2023
|
₹ 64,150 | ₹ 58,800 | +0.09% |
24 December 2023
|
₹ 64,090 | ₹ 58,750 | 0% |
23 December 2023
|
₹ 64,090 | ₹ 58,750 | +0.26% |
22 December 2023
|
₹ 63,550 | ₹ 58,600 | +0.60% |
21 December 2023
|
₹ 63,550 | ₹ 58,250 | -0.17% |
20 December 2023
|
₹ 63,650 | ₹ 58,350 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ | ₹ 762 |
31st March rate | ₹ | ₹ 810 |
Highest rate in March | ₹ on 1st January 1970 | ₹ 816 on 22nd March 2024 |
Lowest rate in March | ₹ on 1st January 1970 | ₹ 757 on 1st March 2024 |
Over all performance | Rising | Rising |
% change | +6.30% | +6.30% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st February rate | ₹ | ₹ 778 |
29th February rate | ₹ | ₹ 757 |
Highest rate in February | ₹ on 1st January 1970 | ₹ 780 on 1st February 2024 |
Lowest rate in February | ₹ on 1st January 1970 | ₹ on 4th February 2024 |
Over all performance | Falling | Falling |
% change | -2.70% | -2.70% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st January rate | ₹ | ₹ 800 |
31st January rate | ₹ | ₹ 780 |
Highest rate in January | ₹ 59,200 on 2nd January 2024 | ₹ 64,580 on 2nd January 2024 |
Lowest rate in January | ₹ 59,100 on 1st January 2024 | ₹ on 4th January 2024 |
Over all performance | Falling | Falling |
% change | -2.50% | -2.50% |
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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