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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.. read more

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

I wanted to sell some gold jewellery to pay for the construction of my house – my contractor had cheated us. I saw the MGP advertisement on a government bus and decided to meet them as I was in great need. My earlier experience of selling the gold had not been good. But, the salesperson at MGP sat.. read more

Basvaraju

Shri Narayan Testimonials on Muthoot Gold Point

I can never forget Muthoot Gold Point. If I had not come to know about MGP at the right time, I could have lost everything. In family and business, money is tight, when you need it the most. At these times, if there is a provision to sell your gold, plot of land, house and silver, then you can mee.. read more

Srinarayan

I was looking to pay the last year’s fee for my eldest son’s engineering college, I did not have enough money. My wife asked me to sell all our gold jewellery and coins we had collected over the years. I went to some local jewellers and was shocked – they offered less than half of the value of the.. read more

Vijay Sharma

Amar Singh Testimonial on Muthoot Gold Point

When my father needed an emergency by-pass, I took all the jewellery and sold gold for cash, I had to MGP, straight away. I had dealt with them earlier also. The first time I took a loan was from them to set up my parlor four years ago. Luckily, i w.. read more

AMAR SINGH

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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    Muthoot Gold Point Branch Locations

    Visit Any of Our Branches to Sell Your Gold for Instant Cash

    • Bengaluru
    • Bengaluru (Jalahalli)
    • Chennai
    • Chennai (Ambattur)
    • Coimbatore
    • Delhi
    • Ernakulam
    • Gurgaon
    • Hyderabad (Kukatpally)
    • Hyderabad (Uppal)
    • Indore
    • Kolkata
    • Madurai
    • Mumbai
    • Mysore
    • Noida
    • Pune
    • Vijayawada
    • Vizag
    • Rajahmundry
    • Ghaziabad
    • Jaipur
    • Thane
    • Thiruvananthapuram
    • Salem
    • Hubballi
    • Pitampura - Delhi
    • Nagpur
    • Barasat
    • Tirunelveli

    Bengaluru

    Cash for Gold in Bengaluru at Muthoot Gold Point

    Muthoot Gold point, No 49, First Floor, St John's road, S C garden, Bangalore - 560042,
    Tel: 080-42351234 & 9072002249
    Email: jewellersstreet@muthootexim.com
    Email (Van): Bangaloremobilemgp@muthootexim.com

    Chennai

    Cash for Gold in Chennai at Muthoot Gold Point

    Muthoot Gold point | No :214/9 | First Floor | Madley Road | T-Nagar | Chennai - 600017
    Tel: 044–24366336 Email: tnagar@muthootexim.com

    Coimbatore

    Cash for Gold in Coimbatore at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, Door No. 323, NTR complex, Raja Street, Coimbatore - 641001
    Mobile: 7593801161 Tel: 0422-2381234
    Email: rajastreet@muthootexim.com

    Madurai

    Cash for Gold in Madurai at Muthoot Gold Point

    Door No.9, first Floor, Manjanakara Street, South Masi Street, Madurai Tamil Nadu 625001
    Phone: 0452-2350500 Email: madurai@muthootexim.com

    Mumbai

    Cash for Gold in Mumbai at Muthoot Gold Point

    To schedule a visit at your doorstep, please call us on given phone numbers -

    Phone: 7356534111 / 7034431122
    Email: mumbaimobilemgp@muthootexim.com

    Noida

    Cash for Gold in Noida at Muthoot Gold Point

    Muthoot Gold Point, Ground floor , PlotNo-21, Block F, sector 18, Gautam Budh Nagar, Nodia UP - 201301
    Phone: 0120-4296661 Email: noida@muthootexim.com

    Delhi

    Cash for Gold in Delhi at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, Shop No.5, Plot No. 2652/53,
    Stutee Building, Bank Street, Karol Bagh, Delhi-110005
    Tel: 011-45539686 Email: bankstreet@muthootexim.com

    Kolkata

    Cash for Gold in Kolkata at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, 43, Asutosh Mukherjee Road, Near Netaji Bhavan Metro Station, Bhowanipur, Kolkata-700025
    Tel: 033-24868222 E-mail: bhowanipur@muthootexim.com

    Vijayawada

    Cash for Gold in Vijayawada at Muthoot Gold Point

    Muthoot Gold Point, D.NO:-27-14-59, Rajagopalachari Street, Beside Buckingham Post Office, Governorpet, Vijayawada,AP-520002
    Phone : 0866-2973535 / 0866-3500683
    Email: vijayawada@muthootexim.com

    Ernakulam

    Cash for Gold in Ernakulam at Muthoot Gold Point

    Muthoot Gold Point, Near Metro Pillar No.662, First Floor, AVS Building, M.G. Road, Cochin-682035
    Phone: 0484-4862677 Email: ernakulam@muthootexim.com

    Gurgaon

    Cash for Gold in Gurgaon at Muthoot Gold Point

    Muthoot Gold Point, 1st Floor, Door No. - SCF-27, Sector-14, Near Haldiram Restaurant, Gurgaon, Haryana - 122001
    Mobile: 9072001693 & 0124 – 4386468 Email: gurgaon@muthootexim.com

    Pune

    Cash for Gold in Pune at Muthoot Gold Point

    Muthoot Gold Point 351 Narayan Peth, Near Vijay Talkies, Laxmi Road Pune 411030
    Contact Number : Mobile 9072001375 / Landline : 020-24480688
    Email: pune@muthootexim.com

    Hyderabad (Kukatpally)

    Cash for Gold in Hyderabad (Kukatpally) at Muthoot Gold Point

    Muthoot Gold Point, Door No. 5-1-64/7, 1st Floor, Near Metro Pillar no. A 825, Opp Kukatpally
    Police Station, Kukatpally - Hyderabad 500072, Telangana
    Contact Number : Mobile 9072001374 / Landline : 040-23060504
    Email: kukatpalli@muthootexim.com

    Hyderabad (Uppal)

    Cash for Gold in Hyderabad (Uppal) at Muthoot Gold Point

    Door No. 2-10-27, First floor, Uppal main road, Opposite to Oculus eye Hospital,
    Uppal Medchal-Malkajgiri District, Hyderabad, Telangana - 500039
    Contact Number : Mobile 9072002583 / Landline : 040-45008378
    Email: uppal@muthootexim.com

    Indore

    Cash for Gold in Indore at Muthoot Gold Point

    Muthoot Gold Point, UG – 4/15, Bansi Trade Centre, Roshan Singh Bhandari Marg, MG Road, Indore – 452001.
    Contact Number : Mobile 9072002088 / Landline : 0731-3500113
    Email: indore@muthootexim.com

    Vizag

    Cash for Gold in Vizag at Muthoot Gold Point

    Muthoot Gold Point, Door no. 47-15-4, Ground Floor, Gurbang Complex, OPP: Gupta Bro’s(Books), Diamond Park Road,
    Dwarkanagar, Visakhapatnam-530016.
    Contact Number : Mobile 9072002093 / Landline : 0891-2552093
    Email: vizag@muthootexim.com

    Rajahmundry

    Cash for Gold in Rajahmundry at Muthoot Gold Point

    Muthoot Gold Point, G.S. Rao Complex, D.No:6-6-10,
    Ground Floor, T.Nagar, Near Kotipalli Bus stand,
    Rajahmundry, Andhra Pradesh – 533101
    Contact Number : Mobile 9072002118 / Landline : 0883-3549881 Email: rajahmundry@muthootexim.com

    Jalahalli

    Cash for Gold in Jalahalli at Muthoot Gold Point

    Muthoot Gold Point,26A ,First Floor , T Dasarahalli,
    Jalahalli Cross ,metro Pillar # 459 Near Rockline Mall Bangalore,
    560057
    Contact Number : Mobile 9072001452 / Landline : 080-23341234
    Email: jalahallicross@muthootexim.com

    Ghaziabad

    Cash for Gold in Ghaziabad at Muthoot Gold Point

    Muthoot Gold Point,No.2, Upper Basement, Plot No. H-1,
    Opposite Bikaner Sweet, Ambedkar Road Ghaziabad,
    Uttar Pradesh- 201001
    Contact Number : Mobile 9072001752 / Landline : 0120-3584659
    Email: ghaziabad@muthootexim.com

    Ambattur

    Cash for Gold in Ambattur at Muthoot Gold Point

    Muthoot Gold Point,No 18, F2, First Floor,
    Mounasamy Madam St, Venkatapuram, Ambattur,
    Chennai, Tamil Nadu 600053
    Contact Number : Mobile 9072002386 / Landline : 044-26570020
    Email: ambattur@muthootexim.com

    Jaipur

    Cash for Gold in Jaipur at Muthoot Gold Point

    Muthoot Gold Point, No-G-22, ground floor, front side of Jagdamba tower,
    plot no-E3, Amrapali Circle, Vaishali Nagar, Jaipur, Rajasthan-302021.
    Contact Number : Mobile 9072002473 / Landline : 0141-3504839
    Email: jaipur@muthootexim.com

    Mysore

    Cash for Gold in Mysore at Muthoot Gold Point

    Muthoot Gold Point, No 95/A, First floor,
    D Devaraja Urs road,Mysore Karnataka 570001
    Contact Number : Mobile 9072001257 / Landline : 0821-2347234 Email: mysuru@muthootexim.com

    Thane

    Cash for Gold in Thane at Muthoot Gold Point

    Muthoot Gold Point, Shop No.01, 02, Ground Floor, Akash Chambers,
    Tembi Naka, Near Civil Hospital, Thane Village, Thane West – 400601
    Contact Number : Mobile 9072002495 / Landline : 022-20814441 Email: thane@muthootexim.com

    Cash for Gold in Thiruvananthapuram at Muthoot Gold Point

    Muthoot Goldpoint, KMS Building, No 72/2742 to 2745
    Near Ramchandran textiles, Attakulangara, Thiruvananthapuram, Kerela-695023.
    Contact Number : Mobile 9037931509 / Landline : 04712992822 Email: thiruvananthapuram@muthootexim.com

    Cash for Gold in Salem at Muthoot Gold Point

    Muthoot Gold Point, Door no.89, Shop no. 9 & 10, Ground Floor,
    Maruthi shopping plaza, AVR Nagar, Salem - 636004.
    Contact Number : Mobile 9037943779 / Landline : 0427 -4510763 Email: salem@muthootexim.com

    Cash for Gold in Hubballi at Muthoot Gold Point

    Survey no 2394 and 2395/2B, Municipal no 2364:1,
    Station Road, opposite Harsha Complex, Hubballi, Karnataka 580020.
    Contact Number : Mobile 9037943781 / Landline : 08364278374 Email: hubballi@muthootexim.com

    Cash for Gold in Pitampura - Delhi at Muthoot Gold Point

    Muthoot Gold Point, Ground floor, Property No. 1, Kapil Vihar,
    Near Kohat Enclave Metro Station, Pillar No. 346, Pitampura, Delhi 110034.
    Contact Number : Mobile 90379 43783 / Landline : 011-46016342 Email: pitampura@muthootexim.com

    Cash for Gold in Nagpur at Muthoot Gold Point

    Muthoot Gold Point, Shop No. 2, Lajwanti Complex,
    Central Avenue, Itwari, Near Chitaroli Square Metro Station, Nagpur, Maharashtra 440002
    Contact Number : Mobile 90379 43785 / Landline : 0712 450 8807 Email: nagpur@muthootexim.com

    Cash for Gold in Barasat at Muthoot Gold Point

    Muthoot Gold Point, 1st floor, Diamond Tower , 82/3 KNC Road,
    Above Kotak Mahindra Bank, Opposite Vidhan Cinema, Barasat, West Bengal - 700124
    Contact Number : Mobile 7356002296 / Landline : 033-2552-5001 Email: barasat@muthootexim.com

    Cash for Gold in Tirunelveli at Muthoot Gold Point

    Muthoot Gold Point, MPM Complex, D No. 25, First Floor, Swami Nellaiappar High Road,
    Sripuram, Above Indusind Bank, Tirunelveli, Tamil Nadu - 627001
    Contact Number : Mobile 73560 02281 / Landline : 0462-4050069 Email: tirunelveli@muthootexim.com