Gold Rate In Karur Today

Karur, located in Deccan India or South India, is a town in Tamil Nadu. This town is well known for its industries on textiles and shares a love for gold that is ubiquitous to India. Karur has a rich history in which it was ruled by the Chera, Madurai Nayaks, Hyder Ali and the British, making it quite a central location of trade and business, reaffirming its prominence in gold, be it in jewellery or commercial applications. Gold rates in this town are quite healthy owing to the flourishing industries in the area, but are also related to the rates prevalent in the international markets. As with many Indian towns and cities, gold investment through sale or otherwise gains the forefront in Karur during many festivities, especially during Deepawali and Dussehra.

  • Today's Gold Rate in Karur (27 Nov 2022)

    ₹ 4,925
    Today's Gold Rate (22K) per gram

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

    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 4,925 ₹ 4,925 ₹ 0 ↑
    Standard Gold (22 K) (8 grams) ₹ 39,400 ₹ 39,400 ₹ 0 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,171 ₹ 5,171 ₹ 0 ↑
    Pure Gold (24 K) (8 grams) ₹ 41,368 ₹ 41,368 ₹ 0 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    27 Nov 2022 ₹ 4,925 ₹ 39,400 ₹ 5,171 ₹ 41,368
    26 Nov 2022 ₹ 4,925 ₹ 39,400 ₹ 5,171 ₹ 41,368
    25 Nov 2022 ₹ 4,935 ₹ 39,480 ₹ 5,182 ₹ 41,456
    24 Nov 2022 ₹ 4,931 ₹ 39,448 ₹ 5,178 ₹ 41,424
    23 Nov 2022 ₹ 4,885 ₹ 39,080 ₹ 5,129 ₹ 41,032
    22 Nov 2022 ₹ 4,905 ₹ 39,240 ₹ 5,150 ₹ 41,200
    21 Nov 2022 ₹ 4,920 ₹ 39,360 ₹ 5,166 ₹ 41,328
    20 Nov 2022 ₹ 4,925 ₹ 39,400 ₹ 5,171 ₹ 41,368
    19 Nov 2022 ₹ 4,925 ₹ 39,400 ₹ 5,171 ₹ 41,368
    18 Nov 2022 ₹ 4,945 ₹ 39,560 ₹ 5,192 ₹ 41,536

    Weekly & Monthly Graph of Gold Rate in Karur (1 gram)

    • 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.

    Todays Gold Price in Karur

    There are two variants of gold which flood the market, the 24 karat and the lesser sibling 22 karat. Karur serves as the administrative centre of the district and being an industrial focal point, also attracts quite a lot of businessmen and traders and gold trade forms an important factor in the business. Though 24 karat and 22 karat are the widely used variants, lesser purities of 18 karat and 14 karat are also sold, either for jewellery or commercial uses. Demand and supply play an important role in the price of gold, along with market trends, duties pertaining to import rates and the cess applied by the government. Overall, the price of gold in Karur stays marginally the same to the international rates.

    Check - Gold Price in India

    Investment in Gold in Karur

    Sovereign gold bonds opening up in March and new gold schemes being offered by the government have opened up new avenues for people when it concerns investing in gold. Even if it is not going to be the more modern method, ornaments and jewellery made of gold are often passed down from generation to generation in Karur and that also counts as an investment that runs through the family. The options for investing in gold in Karur are mentioned below.

    Commercial and Personal Gold

    Ornaments and jewellery in Karur will never lose their yellowish lustre as people throng the shops of jewellers when it comes to buying gold for the personal and aesthetic reasons. Be it a wedding season or some major festivity around the corner, gold sales peak during such times and it is the next best thing to be considered auspicious after turmeric and the waters of the Ganges. Gold purchased from banks can be in form of coins and might be a bit cheaper than coins available at jewellers. In Karur, avenues for buying gold over the counter are a dime a dozen.

    Gold through Market Trade

    Sometimes one might have the funds but not the space to store gold that one invests in. Gold ETFs, future contracts and paper gold are a few of the options available with people in Karur to invest in gold. That basically allows them to own certificates that can be offered in return for the market value of gold. Even Karur Vysya Bank offers bonds in sovereign gold and that makes it all the more easier for an existing customer to invest in gold.

    FAQs on Gold Rate in Karur

    1. Is there a particular period during which gold can be purchased in Karur?

      No, gold can be purchased at any given time.

    2. How is 22 karat gold different from 24 karat gold in Karur?

      22 karats contain other metals apart from gold, while no additional metals are present in 24 karat gold.

    3. Do gold rates vary in Karur?

      Yes, gold prices will be different in every city across India.

    4. What factors affect gold rates in Karur?

      Some of the factors that determine gold rates in Karur are given as: Gold prices in the international markets, Value of the rupee against the dollar and Import costs.

    5. Will fixed deposit interest rates play a role in affecting the prices of gold in Karur?

      Yes, fixed deposit interest rates will play a role in affecting the prices of gold in Karur.

    Check Gold Price in NearBy Cities of Karur

    Read More on Gold

    Gold Rate In Metro Cities
    Gold Rate In Other Capitals
    Gold Rate In Other Major Cities
    Gold Rate In States
    Bank Gold Schemes

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