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 ₹ 69,980 per 10 grams for 24 Carat and ₹ 64,150 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,998 | - ₹ 17 |
8 grams
|
₹ 55,984 | - ₹ 136 |
10 grams
|
₹ 69,980 | - ₹ 170 |
100 grams
|
₹ 6,99,800 | - ₹ 1,700 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,415 | - ₹ 15 |
8 grams
|
₹ 51,320 | - ₹ 120 |
10 grams
|
₹ 64,150 | - ₹ 150 |
100 grams
|
₹ 6,41,500 | - ₹ 1,500 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
26 July 2024
|
₹ 69,980 | ₹ 64,150 | -0.23% |
25 July 2024
|
₹ 70,150 | ₹ 64,300 | -0.92% |
24 July 2024
|
₹ 70,800 | ₹ 64,900 | -4.70% |
23 July 2024
|
₹ 74,290 | ₹ 68,100 | -0.22% |
22 July 2024
|
₹ 74,450 | ₹ 68,250 | -0.15% |
21 July 2024
|
₹ 74,570 | ₹ 68,350 | 0% |
19 July 2024
|
₹ 75,000 | ₹ 68,750 | -0.43% |
18 July 2024
|
₹ 75,330 | ₹ 69,050 | -0.22% |
17 July 2024
|
₹ 75,490 | ₹ 69,200 | +1.91% |
16 July 2024
|
₹ 74,070 | ₹ 67,900 | +0.07% |
15 July 2024
|
₹ 74,020 | ₹ 67,850 | 0% |
13 July 2024
|
₹ 74,240 | ₹ 68,050 | -0.29% |
12 July 2024
|
₹ 74,460 | ₹ 68,250 | +0.59% |
11 July 2024
|
₹ 74,020 | ₹ 67,850 | +0.37% |
10 July 2024
|
₹ 73,750 | ₹ 67,600 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st June rate | ₹ | ₹ |
30th June rate | ₹ 66,850 | ₹ 72,930 |
Highest rate in June | ₹ 67,800 on 21st June 2024 | ₹ 73,970 on 21st June 2024 |
Lowest rate in June | ₹ 66,250 on 27th June 2024 | ₹ on 1st June 2024 |
Over all performance | Falling | Falling |
% change | % | % |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ | ₹ 865 |
31st May rate | ₹ | ₹ |
Highest rate in May | ₹ on 1st January 1970 | ₹ ₹ 965 on 18th May 2024 |
Lowest rate in May | ₹ on 1st January 1970 | ₹ on 10th May 2024 |
Over all performance | Falling | Falling |
% change | -100.00% | -100.00% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ | ₹ 816 |
30th April rate | ₹ | ₹ 870 |
Highest rate in April | ₹ on 1st January 1970 | ₹ 906 on 17th April 2024 |
Lowest rate in April | ₹ on 1st January 1970 | ₹ on 7th April 2024 |
Over all performance | Rising | Rising |
% change | +6.62% | +6.62% |
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.