Today Gold Rate per Gram in Coimbatore

Gold sellers must ensure that they know and understand the correct gold rate per gram in Coimbatore before selling their gold. The prices are dynamic and change every day, so it is imperative to research the rates on the day of the sale.

Historical Price of Gold Rate in Coimbatore

The tradition of investing in gold has been passed on to generations in Coimbatore. Hence, due to the varying demand, the price keeps increasing and decreasing with time.

24 Carat Gold Price in Coimbatore 2022

Customers in Coimbatore can sell their gold at attractive gold prices in 2022.

24 Carat Gold Price in Coimbatore 2022

Due to COVID-19, the market rate of gold in Coimbatore has seen an interesting trend.

22 Carat Gold Price in Coimbatore 2022

The 22 carat gold rate in Coimbatore enables customers to get an attractive amount in return of sale.

22 Carat Gold Price in Coimbatore 2022

The price of 22 carat gold in Coimbatore went through several ups and downs in 2022.

Factors Affecting Gold Rate in Coimbatore?

Gold price in Coimbatore is decided every day by a committee that weighs the domestic and international factors involved. Some of the factors that are considered are:

  1. Inflation: The market is always volatile and its effect becomes an important factor in deciding the price of gold in Coimbatore. With the rise in demand, the price rises due to lack of supply and government regulations.
  2. Gold Reserves: The RBI regulates the gold reserves in India. An influx in gold reserves is an indicator of an increased inflow of cash in the domestic market. This affects the price of gold in Coimbatore significantly.
  3. Gold Market: Indians have a history and tradition of investing in gold jewellery, coins, etc. This causes heavy shifts in the demand and supply of gold, affecting its price. For example, during the wedding season, the demand for gold is high, so the price increases if the supply is short.

Various Gold Investment Options Available in Coimbatore

There are several ways of investing in gold in Coimbatore. They are:

  1. Investing in Gold Jewellery: Gold jewellery has worked as the primary investment form for the poor and rich families in Coimbatore for years. These pieces of jewellery are gifts passed on to the next generations. Due to its comfortable prices, stability against inflation and minimal maintenance, gold jewellery is the most common investment type in Coimbatore.
  2. Investing in Gold Coins or Gold Bars: Individuals in Coimbatore, like the rest of India, predominantly invest in gold through jewellery. But those who only look for investment and not for gifting, invest in gold through purchase of bars and coins. Bars and coins are sold by banks and reputed jewellers, and no making charges are levied.
  3. Investing in Gold ETF: Gold ETF or Exchange Traded Funds are mutual fund which offer the freedom to invest in gold in small quantities, without making gold purchases. Gold ETFs can be sold all over India with complete transparency.

How to Calculate Gold Rate in Coimbatore?

A committee, comprising of top gold jewellers and traders of Coimbatore, decide the prevailing gold rate for the day. The gold price is decided by weighing several factors such as local tariffs, duties, etc. If the government raises the duties and tariffs, to curb excessive consumption, the price of gold in Coimbatore rises and vice versa.

How to Sell Old Gold Jewelry for Cash in Coimbatore?

Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery involves the following steps:

Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.

Step 2: The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.

Step 3: The value, weight and purity of gold is checked on XRF machines before the customer.

Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold in Coimbatore.

Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.

owse Gold Rate in Other Locations: Gold Rate in Vijayawada, Gold Rate in Trichy, Gold Rate in Indore, Gold Rate in Bangalore, Gold Rate in Andhra Pradesh, Gold Rate in Madhya Pradesh, Gold Rate in Vizag

Vidya Balan with Muthoot Gold Point
Muthoot Gold Point Logo

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

More then 4,200 Branches across India

Over 4,200 Branches across India

132 + years of Legacy

133+ years of legacy

Over 24,000 Employees Serving Millions of Customer

Over 24,000 employees serving millions of customer

Walk in of over 1,00,000 Customers Per Day

Walk in of over 1,00,000 customers per day

Sachi Jonega Testimonials on Muthoot Gold Point

My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impress.. আরও পড়ুন


Vijay Sharma Testimonial on Muthoot Gold Point

আমি আমার বাড়ি নির্মাণের জন্য কিছু গহনা বিক্রি করতে চেয়েছিলাম - আমার ঠিকাদার আমাদের প্রতারণা করেছিল। আমি একটি সরকারী বাসে এমজিপি বিজ্ঞাপনটি দেখলাম এবং আমার খুব প্রয়োজন হওয়ায় তাদের সাথে দেখা করার সিদ্ধান্ত নিই। আমার এর আগে সোনা বিক্রি করার অভিজ্ঞতা ভাল ছিল না। তবে, এমজিপি-র বিক্রয়কর্মীরা বসে ত.. আরও পড়ুন


Shri Narayan Testimonials on Muthoot Gold Point

আমি কখনই মুথুট গোল্ড পয়েন্টকে ভুলতে পারিনা। আমি যদি সঠিক সময়ে এমজিপি সম্পর্কে জানতে না পারতাম তবে আমাকে হয়ত সবকিছু হারাতে হতে পারত। পরিবার এবং ব্যবসার ক্ষেত্রে, যখন আপনার সবচেয়ে বেশি প্রয়োজন হয় তখনই আপনার কাছে অর্থ কম থাকে। এইসময়ে, যদি আপনার জমি, বাড়ি বা রুপো ও সোনা বিক্রি করার সুযোগ থাকে ত.. আরও পড়ুন


আমি আমার বড় ছেলের ইঞ্জিনিয়ারিং কলেজের জন্য গত বছরের ফি দিতে চেয়েছিলাম, কিন্তু আমার কাছে পর্যাপ্ত টাকা ছিল না। আমার স্ত্রী আমাকে বছরের পর বছর ধরে যেসমস্ত রৌপ্যমুদ্রা এবং সোনার গহনা সংগ্রহ করেছিলেন তা বিক্রি করতে বলেছিলেন। আমরা স্থানীয় কয়েকটি দোকানে যাই আর অত্যন্ত হতবাক হয়ে যাই- ওরা সোনার মূল্যের.. আরও পড়ুন

বিজয় শর্মা

Amar Singh Testimonial on Muthoot Gold Point

আমার বাবার যখন জরুরি বাই-পাসের দরকার হয়েছিল তখন আমি আমার সমস্ত গহনাগুলি সরাসরি এমজিপিতে নিয়ে গিয়েছিলাম। আমি এর আগেও তাদের সাথে ডিল করেছি। চার বছর আগে আমার পার্লার স্থাপনের জন্য তাদের কাছ থেকে আমি প্রথমবার ঋণ নিয়েছিলাম। ভাগ্যক্রমে, আমি টাকাটি শোধ করতে এবং আমার সোনাও ফিরে পেয়েছিলাম। ডাক্তার আমাক.. আরও পড়ুন

অমর সিং

Frequently Asked Questions

What is the Price of Gold Today in Coimbatore?

Gold rate in Coimbatore is dynamic and changes every day.

2. What is the Gold Price in Coimbatore for 916 Hallmark Gold?

A 916 Hallmarked gold jewellery means that the gold has a 91.6 percent purity. This is the highest level of purity available for gold at 22k since it is required to be mixed with alloy. You can check the rate of KDM 916 gold in Coimbatore by visiting Muthoot Gold Point.

3. What is the Price of 1 Gram Gold in Coimbatore Today?

The rate of 1 gram gold in Coimbatore is subject to change every day.

4. What is the Rate of 24-Carat Gold in Coimbatore?

The rate of 24k gold in Coimbatore today can be found out by contacting Muthoot Gold Point.

5. How do You Calculate the 22k Gold Price in Coimbatore?

The price of 22k gold is calculated based on the evaluation of gold made by Muthoot Gold Point. After cleaning and purity check, our representatives let you know the amount you receive in return of the gold, based on the day’s 22k gold price per gram.

6. What is the Important Thing to Consider Before Selling Gold in Coimbatore?

Before selling gold, the first thing you need to know is the day’s 1 gram gold price in Coimbatore. You should also ensure that the seller is registered and reputed, like Muthoot Gold Point. All the cleaning and purity checks of the gold at the time of selling should be done before your eyes. Ask for the charges and fee, and get the amount in hand or disbursed in your account instantly.

7. How to Invest in Gold in Coimbatore ?

There are several ways of investing in gold in Coimbatore. They are:

  1. Investing in gold jewellery
  2. Investing in Gold Coins or Gold Bars
  3. Investing in Gold ETF

H3: 8. How to Check the Purity of Gold in Coimbatore?

Here are the things you must do to check the purity of Gold in Coimbatore:

  1. Check if it has a BIS hallmark: If it is hallmarked, it means that its purity is checked by one of the licensed BIS labs.
  2. Check the purity in Carat or fineness: Check whether the gold has a purity mark (24k,22k,18k).
  3. Check the jeweller’s identification mark: A BIS certified jeweller will have their mark on the gold.

9. Will Gold Prices Drop in Coimbatore in 2021?

One cannot say that the 1 gram gold price in Coimbatore will go down in 2021. Since it depends on several domestic and international factors, the gold rate keeps fluctuating. Therefore, you must check the gold rate of the day by visiting Muthoot Gold Point when selling gold.

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