Gold Rate In Hosur Today

  • Today's Gold Rate in Hosur( 26 Sep 2021 )

    ₹ 4,364
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Hosur (Today & Yesterday)

    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,364 ₹ 4,357 ₹ 7 ↑
    Standard Gold (22 K) ( 8 grams ) ₹ 34,912 ₹ 34,856 ₹ 56 ↑
    Pure Gold (24 K) ( 1 gram ) ₹ 4,582 ₹ 4,575 ₹ 7 ↑
    Pure Gold (24 K) ( 8 grams ) ₹ 36,656 ₹ 36,600 ₹ 56 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    25 Sep 2021 ₹ 4,364 ₹ 34,912 ₹ 4,582 ₹ 36,656
    24 Sep 2021 ₹ 4,357 ₹ 34,856 ₹ 4,575 ₹ 36,600
    23 Sep 2021 ₹ 4,388 ₹ 35,104 ₹ 4,607 ₹ 36,856
    22 Sep 2021 ₹ 4,410 ₹ 35,280 ₹ 4,631 ₹ 37,048
    21 Sep 2021 ₹ 4,374 ₹ 34,992 ₹ 4,593 ₹ 36,744
    20 Sep 2021 ₹ 4,355 ₹ 34,840 ₹ 4,573 ₹ 36,584
    19 Sep 2021 ₹ 4,369 ₹ 34,952 ₹ 4,587 ₹ 36,696
    18 Sep 2021 ₹ 4,369 ₹ 34,952 ₹ 4,587 ₹ 36,696
    17 Sep 2021 ₹ 4,365 ₹ 34,920 ₹ 4,583 ₹ 36,664
    16 Sep 2021 ₹ 4,430 ₹ 35,440 ₹ 4,652 ₹ 37,216

    Gold Rate Trend

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Gold Price in Hosur

    The modern day Hosur, located in Tamil Nadu is a satellite town of Bangalore, though it falls under the legalities and jurisdiction of Tamil Nadu. Hosur houses many industrial complexes and SEZs for industrial companies. Though from a birds-eye-view it might seem that Hosur is not a very prospering region, looks often belie the fact that the region is quite prosperous and residents invest in gold quite frequently. Industrial activity and a good pay scale in these areas has contributed to a healthy consumption of gold in Hosur while the rates of gold are more or less in tune with the international markets. Hosur being primarily an industrial town, festivities being observed are far and few between, so the gold that is actually invested in Hosur accounts mostly through investment. That in no way may signify that the consumption of gold in the form of jewellery is ignored.

    Trend of Gold Rate in Hosur for April 2020 to June 2020 (per gram of 24 karat gold)

    Factor April May June
    1st Day Rs.4,150 per gram Rs.4,670 per gram Rs.4,917 per gram
    Last Day Rs.4,720 per gram Rs.4,916 per gram Rs.5,067 per gram
    Highest Price Rs.4,720 per gram on 30 April 2020 Rs.4,916 per gram on 26, 27, and 31 May 2020 Rs.5,067 per gram on 30 June 2020
    Lowest Price Rs.4,150 per gram from 1 to 5 April 2020 Rs.4,621 per gram on 2 May 2020 Rs.4,483 per gram on 9 June 2020
    Trend Incline Incline Incline
    Change 13.73% 5.26% 3.05%

    Trend of Gold Rate in Hosur for January 2020 to March 2020 (per gram of 24 karat gold)

    Factor January February March
    1st Day Rs.3,922 per gram Rs.4,169 per gram Rs.4,274 per gram
    Last Day Rs.4,074 per gram Rs.4,368 per gram Rs.4,253 per gram
    Highest Price Rs.4,125 per gram on 8 January Rs.4,394 per gram on 25 February Rs.4,153 per gram on 18 March
    Lowest Price Rs.3,919 per gram on 2 January Rs.4,127 per gram on 6 February Rs.4,111 per gram on 20 March
    Trend Incline Incline Decline
    Change 3.87% 4.77% -0.49%

    The 24 karat variant of gold that is regarded as the purest variety is also the softest variant of the precious metal and in its own weight, isn’t worth for crafting jewellery. The primary reason being that it is too soft for daily use. 24 karat gold is normally used in conjunction with other metals such as copper, platinum, bronze and others to produce different shades of gold that have some amount of weight and durability required in jewellery. 22 karat gold is also a variant that is used for jewellery and for plating conducting metals used in electronics. 18 karat and 14 karat gold are lesser used variants, finding their applications in mostly commercial uses though usability in jewellery is not unheard of. International market trends, import duties and various government cess affect the rates of gold in Hosur, along with the economic law of supply and demand. The difference in the international rates and the local rates in Hosur stays more or less marginal though.

    Investment in Gold in Hosur

    Of late, a government introduced gold scheme has intentions of monetising gold and the same is available through major and minor banks alike across the nation. Even then, people have not stopped buying gold in Hosur. Popular options for investing in gold in Hosur can include the traditional method of buying jewellery and ornaments and also the more modern method of investing in paper gold. The frequent methods for doing so are mentioned below.

    Commercial and Personal Gold

    Commercial and personal gold can include coins, gold purchased for industrial purposes and jewellery. Herein, the value of physical gold is placed on a pedestal and this is the form of gold that is most accepted in India and, so to speak, in Hosur.

    Gold through Market Trade

    Gold in its physical form might not present a very feasible option for many people. For that specific reason, gold ETFs and bonds are available online with most banks in Hosur. Apart from that, people can also trade in gold on the National Stock Exchange, but that would require a considerable amount of funds.

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