Gold Rate in Tamilnadu

21st May 2019

32,280.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Tamilnadu is 32280 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 30500
24 Carat Gold
Rs. 32280

22 Carat & 24 Carat Gold Rate in Tamilnadu Per Gram (INR)

  22-Carat 24-Carat Change(%)
Yesterday 3050.00 3228.00 0 %
Today 3070.00 3248.00 0 %

Today 24 Carat Gold Price per gram in Tamilnadu (INR)

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3228.00Rs 3248.00
8 Gram Rs 25824Rs 25984
10 Gram Rs 32280Rs 32480
100 Gram Rs 322800Rs 324800

Today 22 Carat Gold Price per gram in Tamilnadu (INR)

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 3050.00Rs 3070.00
8 Gram Rs 24400Rs 24560
10 Gram Rs 30500Rs 30700
100 Gram Rs 305000Rs 307000

Today Gold Rate in Tamilnadu

How Important is Gold in Tamil Nadu?

South India is one of the largest consumers of gold in the Indian subcontinent, making up for 30% of the total demand for gold in the country. Amongst the south Indian states, Tamil Nadu is the largest consumer and trader of Gold.

Tamil Nadu also has maximum number of gold traders and jewelers in the country which have now spread out all over the country. The local gold craftsman of Tamil Nadu is famous for their special gold jeweler design and ornamentation which is famous throughout the world.

Why is Gold Considered so Important in Tamil Nadu?

Gold in Tamil Nadu is purchased and worn in the form of jeweler on several auspicious occasions, festivities and weddings. Besides being culturally significant, Gold is considered to be the safest investment option because it acts as a guard against inflation and depreciation and also because it’s considered culturally significant and affordable.

How is the Demand for Gold in Tamil Nadu?

Most of the people of buy gold regardless of the rate of gold in Tamil Nadu because they have sentimental value attached to gold. The demand for Gold in the cities of Tamil Nadu has been increasing which in turn is pushing up the gold rate in Tamil Nadu. This escalation in the gold rates in Tamil Nadu occurs mainly on the holy days of Dussera, Akshaya Tritaya and Diwali. However, today the gold rate in Tamilnadu is moderately lower when compared to that of the other cities.

22 & 24 Carat Gold Rate in Tamilnadu for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
21 May 2019 Rs. 3050.00 Rs. 30500 Rs. 3228.00 Rs. 32280
20 May 2019 Rs. 3070.00 Rs. 30700 Rs. 3248.00 Rs. 32480
19 May 2019 Rs. 3070.00 Rs. 30700 Rs. 3248.00 Rs. 32480
18 May 2019 Rs. 3070.00 Rs. 30700 Rs. 3248.00 Rs. 32480
17 May 2019 Rs. 3070.00 Rs. 30700 Rs. 3248.00 Rs. 32480
16 May 2019 Rs. 3054.00 Rs. 30540 Rs. 3232.00 Rs. 32320
15 May 2019 Rs. 3054.00 Rs. 30540 Rs. 3232.00 Rs. 32320
14 May 2019 Rs. 3054.00 Rs. 30540 Rs. 3232.00 Rs. 32320
13 May 2019 Rs. 3040.00 Rs. 30400 Rs. 3218.00 Rs. 32180
12 May 2019 Rs. 3040.00 Rs. 30400 Rs. 3218.00 Rs. 32180

Comparison of 22 K & 24 K Gold Rates in Tamilnadu

Historical Price of Gold Rate in Tamilnadu

Gold Price in Tamilnadu

Tamil Nadu is the most thriving state in South India. The people of Tamil Nadu have a reputation for being gold lovers when it comes to jewelry and ornaments.

Storing of Gold in Tamil Nadu

The primary reason for this is that the people here can afford it. Chennai, the capital of Tamil Nadu, ranks above all other Indian cities in terms of gold trade. Tamil Nadu has very high sales and purchases of gold.

Gold Price Movement in Tamil Nadu

The gold price in Tamil Nadu plays a very crucial role in the lives of the citizens here because Tamilian designs and ornaments are famous worldwide. Today gold price in Tamil Nadu plays an important role in gold trade.

Gold as an Investment in Tamil Nadu

The following are the avenues for gold investment in Tamil Nadu:

Purchasing Physical Gold: Just like the rest of India, the people of Tamil Nadu invest in gold mainly through jewelry. To meet the demand for gold in Tamil Nadu, there are several jewelry establishments all over the state. Gold prices in Tamil Nadu are updated on a daily basis.

Market Avenue: In Tamil Nadu, you can buy gold directly through the markets. Gold is traded on the National Commodity and Derivatives Exchange, National Multi Commodity Exchange and the Multi Commodity Exchange.  It is a good choice for people who are looking to buy gold in bulk. You have to be well informed about the gold market for this.