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  • Gold Rate In Tirunelveli

    Daily Gold Rates
    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    07 Dec 2016 ₹ 2,738 ₹ 21,904 ₹ 2,894 ₹ 23,152
    06 Dec 2016 ₹ 2,713 ₹ 21,704 ₹ 2,869 ₹ 22,952
    05 Dec 2016 ₹ 2,735 ₹ 21,880 ₹ 2,893 ₹ 23,144
    04 Dec 2016 ₹ 2,762 ₹ 22,096 ₹ 2,890 ₹ 23,120
    02 Dec 2016 ₹ 2,767 ₹ 22,136 ₹ 2,895 ₹ 23,160
    01 Dec 2016 ₹ 2,765 ₹ 22,120 ₹ 2,893 ₹ 23,144
    30 Nov 2016 ₹ 2,811 ₹ 22,488 ₹ 2,942 ₹ 23,536
    29 Nov 2016 ₹ 2,815 ₹ 22,520 ₹ 2,946 ₹ 23,568
    28 Nov 2016 ₹ 2,820 ₹ 22,560 ₹ 2,951 ₹ 23,608
    27 Nov 2016 ₹ 2,805 ₹ 22,440 ₹ 2,936 ₹ 23,488

    *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.

    Tirunelveli which is also known as Nellai is a city located in South Indian state, Tamil Nadu. Tirunelveli is the sixth largest municipal corporation in Tamil Nadu. It is situated on the west bank of Thamirabarani river.The city is known to be the education hub of Southern Tamil Nadu.The city boasts of a very rich culture and also has several tourist attractions. Agriculture, Tourism, Banking and education services are some of the most popular industries in Tirunelveli. When it comes to commodities that also act as an investment, Gold is the most preferred option in Tirunelveli. Gold jewelry and other gold investments are quite popular in Tirunelveli.

    Gold Rate Trend in Tirunelveli for July 2016 to September 2016 (per gram of 24 karat gold)

    Factor July August September
    1st day Rs.3,130 per gram Rs.3,201 per gram Rs.3,184 per gram
    Last day Rs.3,214 per gram Rs.3,142 per gram Rs.3,176 per gram
    Highest price Rs.3,214 per gram on 30th and 31st July Rs.3,210 per gram on 5th August Rs.3,197 per gram on 8th September
    Lowest price Rs.3,119 per gram on the 19th and 25th of July Rs.3,142 per gram on the 31st August Rs.3,120 per gram on 1st September
    Trend Incline Decline Decline
    Change +2.68% -1.84% -0.25%

    Gold Rate Trend of Tirunelveli in July 2016

    • Gold traded at Rs.3,130 per gram on the 1st of July and increased consistently until the 4th after which they began fluctuating.
    • Fluctuations continued over the course of the month and the lowest recorded rate in August was Rs.3,119 per gram on the 19th.
    • The precious metal closed the month of July trading at Rs.3,214 per gram.
    • The overall increase in prices between the first and last day of August was 2.68%.

    Gold Rate Trend of Tirunelveli in August 2016

    • The rate of gold per gram on the 1stt of August was recorded at Rs.3,201.
    • Prices fluctuated over the course of the month, with stability being achieved only on few days.
    • The highest recorded rate of gold in the month of August was on the 5th when they touched Rs.3,210 per gram.
    • The lowest recorded rate during the month was on the last day of trading, when they fell to Rs.3,142 per gram.
    • The overall decline in prices between the start and end of the month was 1.84%.

    Gold rate trend of Tirunelveli in September 2016

    • Gold traded at Rs.3,120 per gram on 1st September.
    • Prices continued to increase consistently until the 8th of the month when they hit Rs.3,195 per gram – the highest recorded rate in August.
    • Prices then fluctuated for a few days after which they began declining gradually until the 18th
    • A minor decline on the 15th then saw prices settle at Rs.3,135 until the 18th.
    • Consistent increases were recorded between the 20th and 25th of September after which prices decreased gradually until the 28th.
    • Gold closed the month trading at Rs.3,176.

    Gold Rate Trend in Tirunelveli for April 2016 to June 2016 (per gram of 24 karat gold)

    Factor April May June
    1st day Rs.2,890 per gram Rs.3,069 per gram Rs.2,934 per gram
    Last day Rs.3,069 per gram Rs.2,914 per gram on May 31st Rs.3,105 per gram
    Highest price Rs.3,069 per gram on April 30th Rs.3,076 per gram on May 2nd Rs.3,180 per gram on 27th June
    Lowest price Rs.2,869 per gram on April 4th Rs.2,899 per gram on May 30th Rs.2,916 per gram on 3rd June
    Trend Increase Decrease Rising
    Change +6.19% -5.05% +10.09%

    Gold Rate Trend of Tirunelveli in April 2016

    • Gold traded at Rs.2,890 per gram on April 1st.
    • Gold rates saw a incline through the month as the jewellers’ strike ended.
    • As the prices soared, the highest recorded rate was on Rs.3,069 per gram on the 30th of April.
    • The rising trend in April resulted in a 6.19% increase.

    Gold Rate Trend of Tirunelveli in May 2016

    • Gold traded at Rs.3,069 per gram and rose to Rs.3,076 on May 2nd.
    • As the dollar gained strength, the U.S. Federal Reserve announced that it might increase the interest rates in the near future.
    • As the appeal of gold dampened, the demand dropped leading to a fall in gold rates. Gold traded at Rs.2,914 on the 31st of May.

    Gold Rate Trend of Thirunelveli in June 2016

    • Gold prices were on the rise in June thanks to firming international trends.
    • Although there were days on which gold prices suffered marginal losses, they were overwritten by subsequent gains and the highest rate of gold in the month of June was recorded on the 27th when prices hit Rs.3,180.
    • Between the first and last day of the month, the overall increase in prices was Rs.264.

    Gold Rate Trend in Tirunelveli for January 2016 to March 2016 (per gram of 24 karat gold)

    Factor January February March
    1st day Rs.2,538 per gram Rs.2,720 per gram Rs.2,976 per gram
    Last day Rs.2,710 per gram Rs.2,984 per gram Rs.2,891 per gram
    Highest price Rs.2,719 per gram on January 28th Rs.2,984 per gram on February 25th and 29th Rs.2,991 per gram on March 8th to 10th
    Lowest price Rs.2,538 per gram on January 1st and 3rd Rs.2,720 per gram on February 1st Rs.2,874 per gram on March 28th
    Trend Increase Increase Decrease
    Change +6.77% +9.70% -2.85%

    Gold Rate Trend of Tirunelveli in January 2016

    • Gold traded at a steady rate at the beginning of January.
    • On January 1st, gold traded at Rs.2,538.
    • Demand was steadily on the rise from the domestic market as well as the global market.
    • Prices climbed through the month denoting a good increase of 6.77%.
    • The highest rate was recorded at Rs.2,719 per gram on 28th January.

    Gold Rate Trend of Tirunelveli in February 2016

    • February started well picking up the rising trend from January.
    • Gold traded at Rs.2,720 per gram on 1st February.
    • Though there were fluctuations, the steady demand ensured gold maintained its increasing trend.
    • Gold increased by 9.7% for the month of February.
    • The highest gold rate was on the 25th and 29th of the month at Rs.2,984.

    Gold Rate Trend of Tirunelveli in March 2016

    • Gold rates in March experienced a bit of turmoil in the domestic market as the jewellers called for a strike.
    • As majority of the demand was suspended in the domestic markets, the rates decreased through the month.
    • Global demand ensured rates did not drop drastically. Gold traded at Rs.2,976 per gram on 1st March and ended at Rs.2,891 per gram on 31st March.
    • Overall, March experienced a decline of 2.85%.

    Gold Rate In Tirunelveli

    Gold rate in Tirunelveli depends on the quality and quantity of gold. The purity of gold is measured in karat and the price differs for different qualities of gold. Given below is the gold rate for different quantities and quality of gold in Tirunelveli.

    Gold rate for 22 karat gold

    Weight of 22 karat gold

    Price for 22 karat gold

    1 gram

    Rs.2,782

    10 gram

    Rs. 27,820

    100 gram

    Rs. 2,78,200

    1 kg

    Rs. 27,82,000

    Gold rate for 24 karat gold

    Weight of 24 karat gold

    Price for 24 karat gold

    1 gram

    Rs. 2,979

    10 gram

    Rs. 29,790

    100 gram

    Rs. 2,97,900

    1 kg

    Rs. 29,79,000

    Gold investments in Tirunelveli

    There are several ways in which one can invest in gold. Listed below are some of the popular type of gold investments in Tirunelveli.

    • Physical gold- Physical gold is one of the most popular way of investing in gold. Physical gold can be purchased in the form of coins, bullion and jewelry. Bullion gold is the most sought after in terms of investment as a result of lower cost and higher liquidity.
    • Market trade- One can invest in gold ETFs, E-gold and gold futures. It offers a very convenient and easy way to get exposure to gold in India. Though this type of investment is not as popular yet, a lot of people have started investing in it owing to the advantages offered by the investment.

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