Gold Rate Today in Tamil Nadu

Ans: Today in Tamil Nadu bullion market, the price of 22 carat gold is ₹ 66,800 and 24 carat gold is ₹ 72,800 per 10 grams.

Ans: Looking at the market trend, minor fluctuations have been observed. You can see the live rates in the chart above.

Ans: For wedding jewellery, 22 carat gold (91.6% purity) is considered the best because it is durable.

Ans: 24 carat gold is 99.9% pure but soft. Copper or zinc is added to 22 carat gold so that the jewellery does not break.

Ans: No, these are standard market rates. At the jeweler, you will have to pay 3% GST and Making Charges separately.

Ans: While buying, always check the BIS Hallmark triangular mark and the 6-digit HUID code on the jewellery.

Ans: Generally 1 tola is considered approximately 10 or 11.66 grams. The rate for 10 grams is ₹ 66,800 (22K).

Ans: If you are buying for the long term (Investment), buying gold is always considered safe.

Ans: Every jeweler's making charge is different, which can usually range from 8% to 25% of the gold price, depending on the design of the jewellery.

Ans: On selling old gold, you will get money according to that day's rate, but the money for Making Charge and GST is not refunded.

Ans: This is an online way of buying gold where you do not bring gold home physically, but it remains safe in a digital locker.

Ans: Today the price of 1 kg silver in Tamil Nadu is running around ₹ 86,000.

Ans: Usually the market remains closed on Sunday, so Saturday's rates are valid, unless there is a big movement in the international market.

Ans: KDM is now obsolete and does not guarantee purity. Always buy Hallmark (BIS) gold which is a guarantee of purity.

Ans: When diamonds or precious stones are studded in jewellery, the gold needs to be hard to hold them, so 18K (75% purity) is used.

Ans: If you are buying for investment, coins are better because the making charge is very low on them.

Ans: The price of gold is decided by the international market, dollar value, and 'Indian Bullion Jewelers Association' (IBJA) in India.

Ans: Local jewelers have their own association, plus due to transport and other expenses added, there can be a difference of 100-200 rupees in prices from city to city.

Ans: This is a digital bond issued by the Government of India, on which you get an annual interest of 2.5% along with the appreciation of gold.

Ans: The base rate of gold is almost the same. You can save some money by bargaining on the Making Charge.