Gold Rate in Trichy Today

Known officially as Tiruchirappalli, this coastal city in Tamil Nadu has a traditionally been an industrial powerhouse in the state. With gold being used for both ornaments and for investment purposes, demand for the precious metal has always been high here. With the rise of globalisation, gold prices in Trichy today are governed by factors such as the U.S. dollar rate etc. Detailed information on price fluctuations and rates can be found below.
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  • Today's Gold Rate in Trichy ( 19 Oct 2021 )

    ₹ 4,465
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,465 ₹ 4,462 ₹ 3 ↑
    Standard Gold (22 K) ( 8 grams ) ₹ 35,720 ₹ 35,696 ₹ 24 ↑
    Pure Gold (24 K) ( 1 gram ) ₹ 4,688 ₹ 4,685 ₹ 3 ↑
    Pure Gold (24 K) ( 8 grams ) ₹ 37,504 ₹ 37,480 ₹ 24 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    19 Oct 2021 ₹ 4,465 ₹ 35,720 ₹ 4,688 ₹ 37,504
    18 Oct 2021 ₹ 4,462 ₹ 35,696 ₹ 4,685 ₹ 37,480
    17 Oct 2021 ₹ 4,465 ₹ 35,720 ₹ 4,688 ₹ 37,504
    16 Oct 2021 ₹ 4,465 ₹ 35,720 ₹ 4,688 ₹ 37,504
    15 Oct 2021 ₹ 4,515 ₹ 36,120 ₹ 4,741 ₹ 37,928
    14 Oct 2021 ₹ 4,505 ₹ 36,040 ₹ 4,730 ₹ 37,840
    13 Oct 2021 ₹ 4,444 ₹ 35,552 ₹ 4,666 ₹ 37,328
    12 Oct 2021 ₹ 4,443 ₹ 35,544 ₹ 4,665 ₹ 37,320
    11 Oct 2021 ₹ 4,419 ₹ 35,352 ₹ 4,640 ₹ 37,120
    10 Oct 2021 ₹ 4,438 ₹ 35,504 ₹ 4,660 ₹ 37,280

    Weekly & Monthly Graph of Gold Rate in Trichy (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.

    Gold Price in Trichy

    Gold is a sought-after precious metal in Trichy as people buy it in the form of intricate jewelry, gold coins and bars among others. It is a sign of prosperity in Trichy and consumers across the city, therefore, buy the precious metal both as a sign of status and traditional investment. Gold rates in Trichy are subject to various developments in India and across the world. Apart from weddings and other celebrations, buying gold here is considered auspicious on occasions such as Akshaya Tritiya when jewelers in the city offer attractive discounts.

    Gold rates in Trichy are also dependent on the state, local taxes and transportation charges in addition to various other additional costs charged by jewelry stores across Trichy. Intriguingly, several factors influence the buying patterns of consumers in the city of Trichy, including but not limited to, the monsoons and consequently harvest.

  • Trend of Gold Rate in Trichy for August 2021 (rates per gram of 24 karat gold)
    Parameter Gold price (24 karat)
    August 1 Rate Rs.4,775 per gram
    August 31 Rate Rs.4,689 per gram
    Highest Rate in August Rs.4,961 per gram on 2 August
    Lowest Rate in August Rs.4,592 per gram on 10 and 11 August
    Overall Performance Decline
    Percentage Change -1.80%

    Trend of Monthly Gold Rate in Trichy for August 2021:

    • In Trichy, the gold rate for the month of August opened at Rs.4,775 per gram. When compared to the closing rate of the previous month, there were no changes in the price of gold.
    • The highest price of the precious yellow metal recorded during the month was Rs.4,961 per gram and was recorded on 2nd August 2021. The lowest recorded price was on 10th and 11th of August when a gram of the 24-karat gold was being sold for Rs.4,592 per gram. Gold closed the month standing at the rate of Rs.4,689 per gram.
    • The overall performance of the precious yellow metal witnessed a fall of -1.80% during the month in Trichy.

    Trend of Gold Rate in Trichy for July 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    July 1 Rate Rs.4,665 per gram
    July 31 Rate Rs.4,775 per gram
    Highest Rate in July Rs.4,955 per gram on 17 July
    Lowest Rate in July Rs.4,665 per gram on 1 July
    Overall Performance Incline
    Percentage Change 2.36%

    Trend of Monthly Gold Rate in Trichy for July 2021:

    • In Trichy, the gold rate for the month of July opened at Rs.4,665 per gram. When compared to the closing rate of the previous month, the price of gold witnessed a hike of Rs.34 per kg.
    • The highest price of the precious yellow metal recorded during the month was Rs.4,955 per gram and was recorded on 17th July 2021. The lowest recorded price was on the 1st of July when a gram of the 24-karat gold was being sold for Rs.4,665 per gram. Gold closed the month standing at Rs.4,775 per gram.
    • The overall performance of the precious yellow metal witnessed an increase of 2.36% during the month in Trichy.

    Trend of Gold Rate in Trichy for June 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    June 1 Rate Rs.5,060 per gram
    June 30 Rate Rs.4,631 per gram
    Highest Rate in June Rs.5,079 per gram on 3 June
    Lowest Rate in June Rs.4,610 per gram on 21 June
    Overall Performance Decline
    Percentage Change -8.48%

    Trend of Monthly Gold Rate in Trichy for June 2021:

    • The rate of gold in Trichy, for the month of June opened at Rs.5,060 per gram. There was an overall declining trend in the price of the precious metal over the month.
    • The highest price of the precious yellow metal recorded during the month was Rs.5,079 per gram and was recorded on 3rd June 2021. The lowest price was recorded on 21st of June when a gram of the 24-karat gold was being sold for Rs.4,610 per gram. Gold closed the month standing at Rs.4,631 per gram.
    • The overall performance of the precious yellow metal witnessed a dip of –8.48% during the month in Trichy.

    Trend of Gold Rate in Trichy for May 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    May 1 Rate Rs.4,810 per gram
    May 31 Rate Rs.5,048 per gram
    Highest Rate in May Rs.5,070 per gram on 26 May
    Lowest Rate in May Rs.4,810 per gram on 1 and 3 May
    Overall Performance Incline
    Percentage Change 4.95%

    Trend of Monthly Gold Rate in Trichy for May 2021:

    • The gold rate in Trichy opened at the rate of Rs.4,810 per gram for the month of May 2021. The prices of the yellow metal fluctuated throughout the month.
    • The precious metal had recorded the lowest price during the month on 1 May 2021 and 3 May 2021 wherein it was being traded at the rate of Rs.4,810 per gram. The yellow metal closed the month standing at the rate of Rs.5,048 per gram. Gold recorded its highest on 26 May 2021 when it ended at Rs.5,070.
    • There was an overall increase of 4.95% in the performance of gold during the month in Trichy.

    Trend of Gold Rate in Trichy for April 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    April 1 Rate Rs.4,610 per gram
    April 30 Rate Rs.4,599 per gram
    Highest Rate in April Rs.4,917 per gram on 22 April
    Lowest Rate in April Rs.4,599 per gram on 30 April
    Overall Performance Decline
    Percentage Change -0.23%

    Trend of Monthly Gold Rate in Trichy for April 2021:

    • In April, the price of gold in Trichy opened at Rs.4,610 for a gram. However, by the end of the month, gold rates fell and closed at Rs.4,599 per gram.
    • Gold rates fell by 0.23% over the course of the month in Trichy.
    • The lowest and highest prices that the yellow metal hit for the month were on 30 April and 22 April and were at Rs.4,599 per gram and Rs.4,917 per gram, respectively.

    Trend of Gold Rate in Trichy for March 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    March 1 Rate Rs.4,725 per gram
    March 31 Rate Rs.4,572 per gram
    Highest Rate in March Rs.4,737 per gram on 2 March
    Lowest Rate in March Rs.4,559 per gram on 13 March
    Overall Performance Decline
    Percentage Change -3.23%

    Trend of Monthly Gold Rate in Trichy for March 2021:

    • In Trichy, the prices of gold opened and closed at Rs.4,725 per gram and Rs.4,572 per gram, respectively. Overall, gold rates fell by 3.23% in the city.
    • Gold rates fluctuated throughout the month in Trichy, hitting its lowest rate on 13 March at Rs.4,559 per gram.
    • The highest rate that the yellow metal hit for the month was on 2 March and was at Rs.4,737 per gram.

    Trend of Gold Rate in Trichy for February 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    February 1 Rate Rs.5.084 per gram
    February 28 Rate Rs.4,758 per gram
    Highest Rate in February Rs.5,084 per gram on 1 February
    Lowest Rate in February Rs.4,735 per gram on 19 February
    Overall Performance Decline
    Percentage Change -6.41%

    Trend of Monthly Gold Rate in Trichy for February 2021:

    • Gold rate in Trichy for the month of February 2021, opened at the rate of Rs.5,084 per gram. It closed the month standing at the rate of Rs.4,758 per gram.
    • The highest price of the precious metal was recorded on 1 February 2021 wherein it stood at the rate of Rs.5,084 per gram. The lowest recorded price during the month was Rs.4,735 per gram for 24 karat gold. This was recorded on 19th of February 2021.
    • The overall performance of the precious metal witnessed a decline of -6.41% during the month.

    Trend of Gold Rate in Trichy for January 2021 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    January 1 Rate Rs.4,965 per gram
    January 31 Rate Rs.5,078 per gram
    Highest Rate in January Rs.5,329 per gram on 7 January
    Lowest Rate in January Rs.4,838 per gram on 17 January
    Overall Performance Incline
    Percentage Change 2.27%

    Trend of Monthly Gold Rate in Trichy for January 2021:

    • Gold rates in Trichy for the month of January opened at Rs.4,965 per gram and closed at Rs.5,078 per gram, respectively. The prices of the yellow metal fluctuated throughout the month in the city.
    • The highest and lowest rates that the yellow metal recorded for the month were on 7 January and 17 January and were at Rs.5,329 for a gram and Rs.4,838 per gram, respectively.
    • Overall, gold rates jumped by 2.27% for the month of January in Trichy.

    Trend of Gold Rate in Trichy for December 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    December 1 Rate  Rs.4,759 per gram
    December 31 Rate Rs.4,960 per gram
    Highest Rate in December Rs.5,017 per gram on 21 December
    Lowest Rate in December Rs.4,759 per gram on 1 December
    Overall Performance Incline
    Percentage Change 4.22%

    Trend of Monthly Gold Rate in Trichy for December 2020:

    • A gram of the 24-karat gold was priced Rs.4,759 at the start of the month in Trichy. When compared to the closing price of the previous month, the gold rate in Trichy was down by Rs.176 for every gram.
    • Gold recorded its highest and lowest price for the month on 21st and 1st December when a gram was retailed for Rs.5,017 and Rs.4,759 respectively.
    • The yellow metal closed the month at Rs.4,960 per gram. The overall performance witnessed an inclining trend with the percentage change being 4.22%.

    Trend of Gold Rate in Trichy for November 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    November 1 Rate Rs.4,998 per gram
    November 30 Rate Rs.4,935 per gram
    Highest Rate in November Rs.5,128 per gram on 7, 8, and 9 November
    Lowest Rate in November Rs.4,803 per gram on 28 and 29 November
    Overall Performance Decline
    Percentage Change -1.26%

    Trend of Monthly Gold Rate in Trichy for November 2020:

    • The price of gold price in Trichy at the start of November was Rs.4,998 per gram. There was no change in the price of the yellow metal when the rate was compared to what was charged on the final day of the previous month.
    • Gold price climbed to its highest for the month on 7th November when a gram of the 24-karat gold was retailed for Rs.5,128 in the city. The price of the precious metal fluctuated following that due to variety of factors and was priced Rs.4,990 per gram on 23rd November.
    • Gold rate in Trichy slipped following that and recorded its lowest price for the month on 28th and 29th November when a gram cost Rs.4,803. The price of the yellow metal jumped on the final day of the month and closed at Rs.4,935 per gram. The overall performance witnessed a declining trend with the percentage change being -1.26%.

    Trend of Gold Rate in Trichy for October 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    October 1 Rate  Rs.5,066 per gram
    October 31 Rate  Rs.4,998 per gram
    Highest Rate in October Rs.5,131 per gram on 12 October
    Lowest Rate in October Rs.4,904 per gram on 20 October
    Overall Performance  Decline
    Percentage Change -1.34%

    Trend of Gold Rate in Trichy for September 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    September 1 Rate Rs.5,221 per gram
    September 30 Rate Rs.5,354 per gram
    Highest Rate in September Rs.5,408 per gram on 21 September
    Lowest Rate in September Rs.5,019 per gram on 26 September
    Overall Performance Incline
    Percentage Change 2.55%

    Trend of Monthly Gold Rate in Trichy in September 2020:

    • In the month of September, gold rate in Trichy opened at the rate of Rs.5,221 per gram on 1 September. The price of gold fluctuated throughout the month.
    • The yellow metal recorded the highest price on 21 September 2020 wherein it was being traded at the rate of Rs.5,408 per gram. The lowest price was recorded at the rate of Rs.5,019 per gram on 26 September 2020.
    • As the value of U.S. Dollar recovered, the prices of the yellow metal were affected due to increase in risk appetite among the investors.
    • Although the prices dipped to some extent, by the end of the month of September, the prices of the precious metal recovered marginally and closed at Rs.5,354 per gram on 31 September. The overall increase in its performance was 2.55%.

    Trend of Gold Rate in Trichy for August 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    August 1 Rate Rs.5,583 per gram
    August 31 Rate Rs.5,360 per gram
    Highest Rate in August Rs.5,914 per gram on 8 August
    Lowest Rate in August Rs.5,359 per gram on 30 August
    Overall Performance Decline
    Percentage Change -3.99%

    Trend of Monthly Gold Rate in Trichy for August 2020:

    • On 1 August 2020, gold prices in Trichy were at Rs.5,582 per gram. Over the first 8 days of the month, the prices of the yellow metal increased in the city. On 8 August 2020, gold hit its highest rate for the month and was at Rs.5,914 for a gram. Over the next two days, gold prices reduced slightly. The prices of gold saw a huge fall on 12 August and were at Rs.5,468 per gram.
    • From 13 August to 19 August the prices of gold increased in the city. From 20 August until the end of the month, gold rates fell in Trichy. Gold hit its lowest rate for the month on 30 August 2020 and was at Rs.5,359 per gram. Overall, gold saw its prices decline by 3.99% in Trichy for the month of August.

    Trend of Gold Rate in Trichy for July 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    July 1 Rate Rs.5,049 per gram
    July 31 Rate Rs.5,561 per gram
    Highest Rate in July Rs.5,561 per gram on 31 July
    Lowest Rate in July Rs.5,049 per gram on 1 July
    Overall Performance Incline
    Percentage Change 10.14%

    Trend of Monthly Gold Rate in Trichy for July 2020:

    • On 1 July, gold prices in Trichy were at Rs.5,049 per gram. After increasing the next day, gold rates reduced over the three days. From 6 July to 22 July, the prices of gold continuously fluctuated.
    • Gold prices in the city increased due to concerns about the economy because of the increase in the number of coronavirus cases and the tensions between China and the US.
    • On the last date of the month, the prices of the yellow metal were at Rs.5,561 per gram. This was also the highest rate that gold hit for the month. Overall, gold prices increased by 10.14% in Trichy in the month of July.

    Trend of Gold Rate in Trichy for June 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    June 1 Rate Rs.4,917 per gram
    June 30 Rate Rs.5,067 per gram
    Highest Rate in June Rs.5,067 per gram on 30 June
    Lowest Rate in June Rs.4,837 per gram on 8 June
    Overall Performance Incline
    Percentage Change 3.05%

    Trend of Monthly Gold Rate in Trichy for June 2020:

    • The prices of gold in Trichy for the month of June opened at Rs.4,917 for a gram and closed at Rs.5,067 per gram. Overall, gold rates in the city saw an incline of 3.05%. On 8 June 2020, gold hit its lowest rate for the month and was at Rs.4,837 for a gram. The main reason for the reduction in prices was investors shifting their focus towards riskier assets.
    • On 21 June 2020, the price of gold crossed the Rs.5,000 mark and was at Rs.5,028 per gram. The prices of the yellow metal increased over the course of the month because of the increase in the number of coronavirus cases and the fears that the economy would take longer to recover. Various stimulus measures were also introduced by central banks all over the world to help the economy. Gold hit its highest rate for the month on 30 June and was at Rs.5,067 per gram.

    Trend of Gold Rate in Trichy for May 2020 (rates per gram of 24 karat gold)

    Parameter Gold price (24 karat)
    May 1 Rate Rs.4,670 per gram
    May 31 Rate Rs.4,916 per gram
    Highest Rate in May Rs.4,916 per gram on 26, 27 and 31 May
    Lowest Rate in May Rs.4,621 per gram on 2 May
    Overall Performance Incline
    Percentage Change 5.26%

    Trend of Monthly Gold Rate in Trichy for May 2020:

    • In Trichy, gold opened at a good price of Rs.4,670 per gram for 24 karat as the appeal for safe-haven investments went up and risk sentiment soured with ricocheting US-China tensions and the threat of new trade tariffs being imposed on China by the US. However, as the week went by, the price of gold took a downturn, hitting the lowest price point in the month at Rs.4,621 per gram on 2 May. This was in response to risk sentiments rising after the easing of restrictions on the lockdown due to the coronavirus pandemic. With economic activities limping back to normal, the appeal of safe haven investments seemed to be dimming after a long time.
    • Gold continued to hold steady in the second week of May, opening at Rs.4,741 from the previous week. However, for the entire week, the price of gold rose steadily only to drop on 22 May at Rs. 4,868, and increasing by a point on the second day. The economic condition of countries continued to look bleak with the coronavirus pandemic raging around the world. The much-anticipated release of the US jobs data report helped to keep prices of gold steady as investors continued to remain pessimistic around equities. Fears of the resurgence of the virus in a second wave of infections continued to dampen risk appetite and increase the appeal of safe haven investments around the world.
    • The third week of May, the price of Gold rose and also saw the highest prices for gold at Rs.4,916 per gram on 26 and 27 May. This was in response to increasing tensions around US and China. However, this was dimmed soon enough with risk appetites soaring once again on the back of successful trials of an early-stage coronavirus vaccine. Fears of a global recession and a strong US dollar, however, continued to keep prices steady.
    • The fourth week of May saw prices going up and down again due to the various political and economic factors at play. It slipped to a price point of Rs.4,810 and remained that way for two days this week only to increase slightly to Rs.4,880. The price of gold however closed at what previously was its highest rate at Rs.4,916 on the last day of the month as the uncertainty surrounding the US response to China’s passing of a security law in Hong Kong led to an escalation in prices of precious metals. The investors also turned towards safe haven investments fearing volatility in the stock markets. However, there was also corresponding fears around the economy not recovering as fast as it needed to in spite of lifting of lockdown restrictions, followed by the coronavirus continuing to rage unabated around the world. All of these factors led to gold having a minimal incline of 5.26% in the price trends in the month of May in Trichy.

    Trend of Gold Rate in Trichy for April 2020 (rates per gram of 24 karat gold)

    Parameters Gold Price (24 karat)
    April 1 Rate Rs.4,150 per gram
    April 30 Rate Rs.4,720 per gram
    Highest Rate in April Rs.4,720 per gram on 30 April 2020
    Lowest Rate in April Rs.4,150 per gram from 1 April to 5 April
    Overall Monthly Performance Incline
    Percentage Change 13.73%

    Trend of Monthly Gold Rate in Trichy for April 2020:

    • The price of gold in Trichy on the first day of the month of April was at Rs.4,150 per gram. For the first five days of the month, no changes were made to the prices of gold. Gold prices were the lowest for the month in the first five days as well. After increasing slightly the next day, the price of gold increased significantly on 7 April 2020 and was at Rs.4,404 for a gram. The coronavirus outbreak across the world and its effect on the economy was the main reason for the price to increase. In Asia, the equities market was affected, this played a role in the increase of gold prices as well. The prices of gold were also helped by a weak dollar and the several measures that were introduced by Cental Banks to help the economy. On 11 April 2020, the price of gold in the city was at Rs.4,528 for a gram.
    • Over the next seven days, the prices of gold fluctuated continuously in Trichy. On 14 April 2020, the prices of gold decreased when compared to 11 April 2020 and were at Rs.4,451 for a gram. On the next day, the price of gold increased and was at Rs.4,566 for a gram. The prices of gold continued to increase on 16 April and 17 April and were at Rs.4,598 per gram on 17 April 2020. On 18 April 2020, the gold rates reduced and were at Rs.4,430 per gram. The prices of the yellow metal were kept in check as several measures were introduced by Central Banks across the world to help the economy. The precious metal was also considered as a safe haven during the period.
    • The prices of the yellow metal were unpredictable from 19 April 2020 to 25 April 2020. The fears of a global recession and an unpredictable market ensured that the prices of gold were high. However, individuals started investing in riskier products after the US President announced that the markets would reopen soon. The move made sure that the prices of gold fell. The prices of gold in these seven days did not see a huge jump because of a strong dollar as well.
    • The prices of gold jumped significantly in the last days of the month. Gold was at Rs.4,700 per gram on 27 April 2020. The measures introduced by Cental Banks to help the economy because of the coronavirus outbreak ensured that the prices increased. On the last day of the month, the price of gold was at Rs.4,720 for a gram. This was also the highest rate that gold hit for the month in Trichy. Overall, the city saw gold prices increase by 13.73% over the course of the month.

    Trend of Gold Rate in Trichy for March 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    March 1 Rate Rs.4,185 per gram
    March 31 Rate Rs.4,150 per gram
    Highest Rate in March Rs.4,443 per gram on 6 March
    Lowest Rate in March Rs.4,026 per gram on 19 March
    Overall Performance Decline
    Percentage Change -0.83%

    Gold Rate Trend in Trichy for March 2020:

    • In Trichy, gold opened the month of March at Rs.4,185 per gram. Over the opening week, the rates of the precious metal increased with investors hoping that the US Federal Reserve would cut down the rates in order to reduce the losses in the economy due to the coronavirus pandemic.
    • Having recorded the highest price for the month of 6th March, the rates slipped in the city. The drop in the prices was accounted to investors selling off the assets in order to hoard cash despite the measures taken by the global central banks to reduce the impact of coronavirus on the economy.
    • Gold recorded its lowest price for the month on 19th March when a gram of the 24-karat gold cost Rs.4,026 in the city. The prices increased following that and closed the penultimate week of the month at Rs.4,164 per gram.
    • With traders going back to selling the assets, the rates of the yellow metal slipped on 23rd and 24th March before staying constant till the end of the month. In Trichy, gold closed the month at Rs.4,150 per gram with the prices declining by 0.83%.

    Trend of Gold Rate in Trichy for February 2020 (rates per gram for 24 karat gold)

    Parameter Gold price (24 karat)
    February 1 Rate Rs.4,194 per gram
    February 29 Rate Rs.4,379 per gram
    Highest Rate in February Rs.4,425 per gram on 25 February
    Lowest Rate in February Rs.4,163 per gram on 6 and 7 February
    Overall Performance Incline
    Percentage Change 4.4%

    Gold Rate Trend in Trichy for February 2020:

    • A gram of gold in Trichy was priced at Rs.4,194 on 1 February 2020. By 4 February, the price of this precious metal had risen by Rs.23 to Rs.4,217 per gram. Gold witnessed this rise in price as investors rushed to safe havens, viewing this metal as a replacement for liquid cash. This move was driven by the spread of the Coronavirus. As the week closed, gold had been priced at Rs.4,204 per gram on 9 February.
    • Gold entered the second week of the month being priced at Rs.4,205 per gram. On 12 February, the market witnessed the price of gold taking a toll, owing to the increase in risk sentiment. An appetite boost for equities had been driven by hopes to combat and contain the epidemic. This, in turn, led to the drop in the price of the metal to Rs.4,205 per gram by 15 February. The second week of February closed with gold being priced at Rs. 4,229 per gram.
    • The rate of gold had remained steady for two days, and then the price skid to Rs.4,219 by 18 February. This was because the U.S. dollar reached a four-month high. Another catalyst for this fall in the price of gold was the impact of the Coronavirus on the global market. The epidemic had also weighed on Asian equities and eventually limited the bullion’s downside.
    • Gold prices had risen to Rs.4,425 per gram on 25 February. This rise was due to the global epidemic that had once again stirred safe haven buying among traders. Gold closed at a price of Rs.4,379 per gram by the end of the month.

    Trend of Gold Rate in Trichy for January 2020 (rates per gram for 24 karat gold)

    Parameters Silver Price (per kg)
    January 1 Rate Rs.3,922 per gram
    January 31 Rate Rs.4,074 per gram
    Highest Rate in January Rs.4,125 per kg on 8 January
    Lowest Rate in January Rs.3,919 per gram on 2 January
    Overall Monthly Performance Incline
    Percentage Change 3.87%

    Gold Rate Trend in Trichy for January 2020:

    • The price of the yellow metal was Rs.3,922 per gram on 1 January and showed an inclining trend throughout the month. With an incline of 3.87%, the yellow metal showed positive trends in the first week of the month with the growing tensions in the Middle East and the impeachment inquiry on the President of the United States of America, Donald Trump. The highest price of the month was Rs.4,125 per gram on 8 January.
    • In the middle of the month, as China and the United States of America signed the Phase-1 trade deal, risk appetite amongst investors increased and the value of the metal dipped. On 14 January, the price of the metal was Rs.3,952 per gram. The metal, however, remained steady in the third week of the month.
    • As investors speculated the effect of the deadly Coronavirus on the market, they also awaited the decision of the United States Federal Reserve on further rate cuts. Due to this, gold saw minor fluctuations in its prices in the third week of January. The price of the metal on 23 January was Rs.4,006 per gram.
    • With the virus affecting more people around the globe and taking more lives, investors shifted to the bullion due to increased safe-haven appeal. The price of the metal fluctuated and closed the month at Rs.4,074 per gram with a percentage incline of 3.87.

    FAQs About Gold Rate in Trichy

    1. Will gold prices decrease in Trichy?

      Gold prices may or may not fall as there are many factors which affect the price of the yellow metal in Trichy and in India. These factors include the trend of the international bullion market, the global equities market, crude oil prices and the value of the U.S. dollar.

    2. What factors do I check before buying gold in Trichy?

      A few important things to keep in mind before buying gold in Trichy are:

      • The level of purity.
      • The price of gold per gram.
      • Buy-back terms of the lender.
      • Certification of the metal.
    3. Will the gold price in Trichy keep changing?

      The gold price in Trichy may keep fluctuating or changing due to various factors which affect the price of gold in the country.

    4. What are the three types of gold?

      In the current jewellery market, there are mainly three types of gold which are – rose gold, white gold and yellow gold. The colour of these metals depends on the mixture of alloys. However, yellow gold is considered as the purest form of the metal and is mostly used.

    5. What international factors affect the gold rate in Trichy?

      Many factors affect the price of gold in Trichy such as crude oil prices, the value of international currencies, etc.

    Also Check Gold Price in Metro Cities

    Also Check Petrol Price and Diesel Price in Trichy

    Gold as an Investment in Trichy

    Jewelry: Most prefer buying gold jewelry as a safe and long term investment for generations. Experts believe an analysis of the history of gold over the years clearly indicate that the precious yellow metal has beaten inflation on a consistent basis. Experts, therefore, suggest that consumers should not get bogged down by short-term price corrections.

    Coins: Apart from private jewelers across Trichy, reputed banks such as SBI sell gold coins which minimizes the risk of fraud. Gold coins are available in different sizes - 2, 4, 5, 8, 10, 20 and 50 grams. Banks guarantee the purity of the coins but won’t buy back the gold coins, which is often cited as one of the reasons urging customers to buy coins from jewelers instead. Also, there is a premium to be paid for buying gold from banks.

    ETFs: Since it is traded like stocks on an exchange, ETF is eligible for long-term capital gains after one year (physical gold is eligible for long-term capital gains after three years). There is no risk of theft and no hassles in terms of storage costs. Some of the advantages are no sales tax, wealth tax or VAT are applicable on gold ETFs.

    Where to Buy Gold in Trichy?

    Trichy boasts of several jewelry showrooms such as Mangal & Mangal Thanga Maligai, Lalithaa Jewellery, New Lakshmi Jewellery GRT Jewellers, L K S Jewel House and Maalyaa Designer jewellery among others.

    Also Check Gold Price in NearBy Cities of Trichy

    Read more on Gold

  • News About Trichy Gold Rate

    • Gold price trade marginally lower on Thursday

      On Thursday, gold futures on the Multi Commodity Exchange (MCX) were marginally down. 10 grams of the precious metal cost Rs.47,058 after the rate recorded a drop of 0.02 percent or Rs.10. In the spot market, highest purity gold was sold for Rs.47,279 per 10 gram. It needs to be mentioned here that spot price of the yellow metal has remained flat in the last two weeks. In the global market, spot gold price remained steady at $1,811.66 per ounce while futures of US gold were trading at $1,814.30 per ounce. The futures of silver also declined on Friday. The rate was down by Rs.16 and was trading at Rs.63,824 per kg. In the spot market, the white metal was priced at Rs.63,072 per kg while in the international market, an ounce cost $24.10.

      2 September 2021

    • MCX Gold and Silver Prices on 30 July 2021

      On Friday, 30 July 2021 India Gold MCX August Futures were flat, following the moderate trend in worldwide spot prices, but they were on track for their greatest weekly rise in over two months. August gold contracts were trading 0.06% lower at Rs.48,254 for 10 grams on the Multi-Commodity Exchange (MCX). Silver futures for September were down by 0.27% and were priced at Rs.68,017 per kilogram. Following the US Federal Reserve's monetary policy meeting and the dollar index's weakness on Thursday, 29 July 2021 gold and silver prices rose. In international markets, both precious metals ended on a strong note.

      30 July 2021

    • Gold rates fall marginally in the national capital on 7 July 2021

      Gold rates in the national capital fell by Rs.29 on 7 July 2021 and were at Rs.46,903 for 10 grams. In the previous session, the prices of the yellow metal closed at Rs.46,932 for 10 grams. In the international markets, gold rates jumped higher and were at $1,805 for an ounce. According to HDFC Securities, a weak dollar ensured that the prices of the yellow metal jumped. Gold rates in the global markets are near a three-week high due to a volatile dollar.

      9 July 2021

    • Gold prices fall for the fourth consecutive day on 16 June 2021

      Gold prices in India continued to fall in India, following the trend in the global markets. The prices of the yellow metal have fallen for the fourth day in a row in the country. Gold futures prices on MCX dipped moderately and were at Rs.48,367 for 10 grams. In the last session, gold prices fell by 0.2% in the country. In the international markets, gold prices fell because of a strong dollar. Spot gold prices fell by 0.2% and were at $1,855.12 for an ounce.

      17 June 2021

    • Gold and silver rates see continuous inclines due to positive international trends

      Gold prices in the international market showed a continuing inclining trend on the COMEX, rising by 1.20% to $1,904 per ounce. Gold prices on the Multi Commodity Exchange increased by 0.29% to Rs.48,542 per 10 grams as the value of the rupee appreciated in the market.

      Silver prices also increased at COMEX by 1.34% to $27.94 per ounce and by 0.79% on the Multi Commodity Exchange to Rs.71,611 per kg.

      Gold ETF holdings were holding steady were the SPDR Gold Shares were at 1,043 tonnes for the week.

      31 May 2021

    • Yellow metal trades higher, may face resistance at Rs 47,300

      Price of gold rose in the Indian market on 5 May due to mixed economic data and contrasting comments from Fed officials and US treasury secretary. Silver rose by Rs.235 a kg.

      On the Multi-Commodity Exchange (MCX), gold prices grew 0.16%, or Rs.74, to Rs.46,945 per 10 grams.

      Silver July futures rose Rs.235 or 0.34% at Rs.69,884 a kg, while in the international market, it grew 0.21% to $26.61 per troy ounce.

      Both metals were traded on a weaker note in the domestic markets. Gold June futures contract traded at Rs.46,871 per 10 grams falling 0.95% and silver July futures contract traded at Rs.69,649 per one kilogram dropping 1.76%.

      Silver July futures at the MCX, grew Rs.235 or 0.34% at Rs 69,884 per kg, while in the international markets, the precious metal rose 0.21% to $26.61 per troy ounce.

      6 May 2021

    • Gold prices in Delhi jump by Rs.411 on 19 April 2021

      Gold rates in the national capital jumped by Rs.411 on 19 April and were at Rs.47,291 for 10 grams. The main reason for the jump in prices was the depreciation in the rupee. In the last session, the prices of the yellow metal closed at Rs.46,880 for 10 grams. On 19 April, the value of the rupee fell by 52 paise against the dollar and was at Rs.74.87. In the global markets, gold prices jumped and were at $1,787 for an ounce. Like gold, silver rates also jumped in the national capital and were at Rs.68,335 for a kg. In the last session, the prices of the white metal were at Rs.67,997 per kg.

      20 April 2021

    • Gold rates fall in the Indian markets on 31 March 2021

      Due to a muted trend in the global markets, gold prices fell in India on 31 March 2021. Gold futures prices for the month of June on MCX fell by 0.27% and were at Rs.44,304 for 10 grams. Gold rates fell on 30 March as well because of the strength of the dollar. Gold futures prices for the month of June in the international markets were at $1,686 for an ounce. Even though the value of the rupee was weak, the prices of the yellow tumbled in the international markets. Like gold, silver rates also fell in India on 31 March 2021. Silver futures prices for the month of May fell by 0.84% and were at Rs.62,595 for a kg.

      1 April 2021

    • Rise in gold prices seen in the domestic market

      On 15 March, gold prices recorded an incline in the domestic market after a positive trend was seen in the international price of the metal. As the United States Congress passed the $1.9 trillion stimulus bill, tensions surrounding inflation risks increased.

      On the Multi Commodity Exchange, gold prices for April delivery were trading higher by 0.41% to RS.44,932 per 10 grams and silver futures for May increased by 0.68% to Rs.67,296 per kg.

      In the previous week, gold and silver prices saw pressure in the market after the U.S. Treasury yields showed a positive sign in the market. Gold futures for April had settled at Rs.44,750 per 10 grans and silver contracts for May were Rs.66,844 per kg.

      17 March 2021

    • Gold trades lower and support is around Rs.46,330

      On the Multi-Commodity Exchange (MCX), the gold contracts for April was trading lower by 0.15% and reached Rs.46,451 for 10 grams. The silver futures for March had been trading 0.57% higher at Rs.69,940 per kilogram. The April futures had settled at Rs.46,522 per 10 gram.

      25 February 2021

    • Gold prices above the Rs.48,000 per 10 grams mark; silver prices surge

      he value of gold and silver increased yet again recording consecutive gains with the possibility of another stimulus package being released from the U.S. government. Along with this, the value of the U.S. dollar also fell in the international market.

      Gold futures on the Multi Commodity Exchange had increased by 0.23% or Rs.112 to Rs.48,060 per 10 grams. Silver futures also rose by 0.25% to Rs.69,867 per kg. According to sources, gold prices would continue to get support in the market with the increased expectations of the stimulus package.

      In the spot market, gold prices had increased by Rs.495 and silver had decreased by Rs.99 to settle at Rs.47,559 per 10 grams and Rs.68,391 per kg respectively.

      10 February 2021

    • Gold might trade with a pretty bullish bias over the week

      Gold had traded high and this was for the fifth week in a row with spot gold rates at the COMEX up by 0.79% and reaching $1898 per ounce. Gold rates had gains of 25% reporting the best annual run in a decade. Gold rates at the MCX had risen by 0.34% and reached Rs.50,244 per 10 grams. The spot Rupee had appreciated by over half a percent against the U.S. dollar. Silver rates had traded higher and spot silver prices at the COMEX had been more than 2% and reached $26.40 per ounce.

      6 January 2021

    • Gold prices fall below Rs.50,000 per 10 grams

      Gold prices fell below the Rs.50,000 per 10-gram mark on 9 December due to a mute trend in the international market along with increased risk appetite due to positive news surrounding the COVID-19 vaccines.

      On the Multi Commodity Exchange, gold contracts for February were trading lower by 0.63% at Rs.49,495 per 10 grams. Silver rates for March was also trading lower by 1.63% at Rs.64,326 per kg.

      According to sources, the price of the metal may be volatile and may see support in the Rs.49,800 – Rs.49,660 levels. In the international market, gold futures for February contract were at $1,874.90 per ounce and silver was trading at $24.74 per ounce.

      10 December 2020

    • Gold rates retreat from highs and silver prices fall more than 1%

      Gold had been trading lower and had tracked the muted trend in the global spot prices as the U.S. dollar had strengthened. This had been after results had shown a close competition between Democratic challenger Joe Biden and President Donald Trump. On the Multi-Commodity Exchange (MCX), the gold contracts for the month of December had been trading lower and reached Rs.51,402 per 10 gram (0.38%). The silver futures for December had been trading lower by 1.2 % and stood at Rs.61,920 per kg.

      4 November 2020

    • Gold prices fall for the second day in a row on 19 October 2020

      Due to a muted demand in the international markets, gold prices fell in India on 19 October 2020. Gold futures prices for the month of December on MCX fell by 0.22% and were at Rs.50,437 for 10 grams. In the previous session, the prices of gold fell by 0.3%. After hitting record highs in the month of August, the prices of gold have been reduced in the country. In the international markets, the prices of gold remained steady and were at $1,900.21 for an ounce. A strong dollar has put pressure on the yellow metal. So far in 2020, the prices of gold have increased by 25%.

      20 October 2020

    • Gold prices fall by Rs.450 in India on 5 October 2020

      Gold prices in India fell on 5 October 2020 after the markets opened post three days. Gold futures prices on MCX fell by 0.89% or Rs.450 and were at Rs.50,120 for 10 grams. Gold prices in the spot market (Delhi) on 1 October 2020 increased by Rs.37 and were at Rs.51,389 for 10 grams. In the international markets, the prices of gold remained steady and were at $1,900 for an ounce. Spot gold prices saw a 0.1% gain and were at $1,900.28 for an ounce. Gold futures prices in the US fell by 0.1% and were at $1,906.30 for an ounce.

      7 October 2020

    • Gold prices fall and metal trades lower

      The Indian gold futures for October is trading lower after it had closed positive last week. A few of the analysts are saying that the metal will be volatile and we will see crucial support placed at Rs.51,300 to Rs.51,500. When it comes to the Multi-Commodity Exchange the October gold contracts had been trading lower by 0.20% and stood at Rs.51,611 per 10 gram. The silver futures for September had been trading by 0.19% lower and stood at Rs 67,750 per kg.

      The gold futures had closed at a gain of 2.05% and reached at Rs.51,715 and the silver futures contract had closed at a gain of 0.91% and reached Rs.67,877.

      These two metals have just recovered from the low prices and had finally settled on a good trend. The international gold had closed with an increase in its price by 1.21% and stood at $1957.75 per troy ounce. Silver closed at $26.96 per troy ounce (0.94%).

      22 September 2020

    • Gold futures prices increase in India on 4 September 2020

      Following losses in the previous session, gold futures prices for the month of October increased in India on 4 September 2020. The main reason for the increase in prices was a weak dollar. According to a report from Reuters, the reduction in demand for equities helped the prices of gold to increase. Gold futures prices on MCX for the month of October increased by 0.38% and were at Rs.50,937 for 10 grams. The prices of gold in the international markets fell by 0.35% and were at $1,937.80 for an ounce. In the previous session, the prices of gold were reduced in India.

      9 September 2020

    • Gold rates fall to Rs.55,310 per 10 kg and silver prices reduce to Rs.66,700

      Gold rates had fallen from Rs.55,610 to Rs.55,310 per 10 gram, and silver prices had reduced to Rs.66,700 from Rs.67,110 per kg. In New Delhi, the price of 22-carat gold had fallen to Rs.50,700 per 10 gram, and in Chennai, the prices had reduced to Rs.50,030. In Mumbai, the rate had been Rs.50,710. The price of 24-carat gold price in Chennai had been Rs.54,580 per 10 gm.

      On the MCX, gold October futures had fallen by 1.44% to Rs.51,269 per 10 gram. September silver futures had been at Rs.65,569 per kg.

      The spot gold prices for 24 carat in Delhi had traded volatile with rupee fluctuation as rates pared early gains with rupee appreciation.

      26 August 2020

    • Gold rate in India trades near-record high ahead of trade meeting

      The price of gold traded near the record high ahead of the talks between China and the United States of America. This was due to the weaker trends of metal in the international market. Apart from this, investors booked profits with payroll data in the United States of America showing a positive trend and the U.S. dollar recovering in the market.

      Gold futures on the Multi Commodity Exchange was trading at Rs.54,999 per 10 grams, lower by Rs.210 against the previous closing price. August futures for gold also touched an intraday high of Rs.55,080 per 10 grams.

      The silver futures for September was trading at Rs.960 at Rs.75,120 per kg after hitting the all-time high of Rs.77,949 per kg in the previous week. The price of 24-karat gold in New Delhi increased to Rs.55,620 per 10 grams and in Chennai, 24-karat gold was priced at Rs.58,710 per 10 grams.

      11 August 2020

    • Gold rates fall on Thursday

      Amid mix global cues, gold prices edged lower in the country today. On the Multi Commodity Exchange (MCX), August futures slipped by 0.3 percent to cost Rs.49,008 for every 10 grams. It must be noted here that gold prices in India have remained range bound since hitting a record high of Rs.49,348 per 10-gram last week.

      In the global market, gold rates moved higher because of concerns over increasing number of coronavirus cases around the around and simmering US-China tensions. The rates of spot gold were up by 0.2 percent to cost $1,811.41 per ounce while US gold futures settled at $1,813.80. The holdings of the SPDR Gold Trust exchange-traded fund, the world's biggest gold ETF were near their highest level since April 2013. Gold prices have shot up by 19 percent in the international market after benefiting from lower interest rates, coronavirus crisis and US-China tensions.

      16 July 2020

    • Gold futures are Positive and expected to cross Rs.46,450

      The domestic yellow metal futures had recovered the losses and traded over Rs.46,450 and the equity markets had fallen over 1% in the last hour of the session. On the MCX, gold futures had increased to Rs.46,491 and had gained by Rs.390 (0.8%) from the previous session, and had then reduced to Rs.45,950. The gold futures contract had been up by 0.77% at Rs.46,458 per 10 grams as compared to the previous session close of Rs.46,101.

      10 June 2020

    • Gold dips on buoyant equities

      The gold futures had dipped today and tracked a very weak trend which was seen in the international spot prices due to the equities gaining on hopes for a recovery from the economic slump.

      The Asian shares had been poised to open much higher after the global equities and also the crude prices had rallied on the hopes of an economic recovery.

      When it comes to the Multi Commodity Exchange (MCX), the June gold contracts had traded lower by 0.44% at Rs.46,925 per 10 gram. The silver futures had also traded 1.5% lower at Rs.48,300 per kg.

      Gold had then settled higher in the international market and the gold future had settled over $1,750 per troy ounce. Silver had reached more than $18 per troy ounce.

      On the MCX, gold had settled more than the 47,100 levels and silver also settled above 49,000. Analysts have said that gold and silver will be volatile.

      Manoj Jain, Director (Head - Commodity & Currency Research) at Prithvi Finmart Pvt Ltd had said that the EIA weekly crude oil inventory data and also the European consumer confidence data have suggested that the risk appetite of investors are now on track and they have sold dollars and also returned to the riskier assets.

      He had also added that if gold future will sustain more than $1,755 per troy ounce then this rally may extend towards $1,764-1,772 per troy ounce and it will also test the support level of $1,745-1,733 per troy ounce.

      22 May 2020

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