Today’s Gold and Silver Rates in Tamil Nadu: Latest Updates and 10-Day Price History
Gold and silver are integral parts of Indian culture, particularly in Tamil Nadu, where they are prized for investment, gifting, and adornment. If you’re looking for today’s gold and silver rates in Tamil Nadu, including the 10-day price trend, you’ve come to the right place!
Gold Rates in Tamil Nadu (Per Gram)
- 22 Karat Gold: ₹7,260
- 24 Karat Gold: ₹7,920
Silver Rates in Tamil Nadu (Per Gram)
- Silver: ₹100
- 1 Kilogram Silver Bar: ₹1,00,000
Note: Prices are subject to market changes. Always verify with local jewelers or traders before purchase.
Gold Rate Trend in Tamil Nadu for the Last 10 Days
| Date | 22K Gold (₹/g) | 24K Gold (₹/g) |
|---|---|---|
| Jan 9, 2025 | 7,260 | 7,920 |
| Jan 8, 2025 | 7,225 | 7,882 |
| Jan 7, 2025 | 7,215 | 7,871 |
| Jan 6, 2025 | 7,215 | 7,871 |
| Jan 5, 2025 | 7,215 | 7,871 |
| Jan 4, 2025 | 7,215 | 7,871 |
| Jan 3, 2025 | 7,260 | 7,920 |
| Jan 2, 2025 | 7,180 | 7,833 |
| Jan 1, 2025 | 7,150 | 7,800 |
| Dec 31, 2024 | 7,110 | 7,756 |
Silver Rate Trend in Tamil Nadu for the Last 10 Days
| Date | Silver Rate (₹/gram) |
|---|---|
| Jan 9, 2025 | 100 |
| Jan 8, 2025 | 98 |
| Jan 7, 2025 | 99 |
| Jan 6, 2025 | 100 |
| Jan 5, 2025 | 101 |
| Jan 4, 2025 | 102 |
| Jan 3, 2025 | 101 |
| Jan 2, 2025 | 99 |
| Jan 1, 2025 | 98 |
| Dec 31, 2024 | 97 |
Key Factors Affecting Gold and Silver Prices
- International Market Trends: Global economic stability, inflation, and geopolitical tensions significantly impact gold and silver rates.
- Local Demand and Supply: Festivals, weddings, and cultural events in Tamil Nadu often lead to price surges due to higher demand.
- Currency Exchange Rates: Fluctuations in the Indian Rupee against the US Dollar also affect the cost of imported gold and silver.
- Government Policies and Taxes: Changes in import duties, GST, and other regulations can alter pricing trends.
Gold vs. Silver: Which is Better for Investment?
Both gold and silver have their advantages when it comes to investments. Here’s a comparison:
- Gold Investment Advantages:
- Stable value during economic downturns.
- High liquidity and global demand.
- Long-term appreciation in value.
- Silver Investment Advantages:
- Affordable compared to gold, allowing smaller investments.
- High industrial demand, especially in electronics and renewable energy sectors.
- Potential for rapid value appreciation during economic recovery phases.
Tips for Buying Gold and Silver in Tamil Nadu
- Check for Hallmarking: Ensure gold has a BIS hallmark and silver has certified purity levels (99.9% for investment-grade silver).
- Compare Prices: Visit multiple jewelers or check online platforms to find the best rates.
- Invest Smartly: For investment purposes, opt for gold coins, bars, or silver bars rather than ornaments to minimize making charges.
- Monitor Market Trends: Keep an eye on daily price changes to buy when rates are favorable.
FAQs About Gold and Silver Rates in Tamil Nadu
- Why do gold and silver rates vary across cities in Tamil Nadu?
- Is investing in silver better than gold?
- How is the purity of gold and silver verified?
- What is the best time to buy gold or silver in Tamil Nadu?
- Where can I get the most accurate gold and silver rates?
