Gold Rate/Price in Trichy Today
Gold Buying Price Today Trichy - Find Trichy Gold Selling and Buying Price Today include 1gm gold rate, 8gram gold rate, 22 carat gold and 24 carat gold at liccalculatorpremium.com.
| Date | Standard Gold (22 K) |
Pure Gold (24 K) |
||
1 gram |
8 grams |
1 gram |
8 grams |
|
| 13 Apr 2018 | ₹ 2,958 |
₹ 23,664 |
₹ 3,106 |
₹ 24,848 |
| 12 Apr 2018 | ₹ 2,980 |
₹ 23,840 |
₹ 3,129 |
₹ 25,032 |
| 11 Apr 2018 | ₹ 2,951 |
₹ 23,608 |
₹ 3,099 |
₹ 24,792 |
| 10 Apr 2018 | ₹ 2,927 |
₹ 23,416 |
₹ 3,073 |
₹ 24,584 |
| 09 Apr 2018 | ₹ 2,926 |
₹ 23,408 |
₹ 3,072 |
₹ 24,576 |
| 08 Apr 2018 | ₹ 2,929 |
₹ 23,432 |
₹ 3,075 |
₹ 24,600 |
| 07 Apr 2018 | ₹ 2,929 |
₹ 23,432 |
₹ 3,075 |
₹ 24,600 |
| 06 Apr 2018 | ₹ 2,918 |
₹ 23,344 |
₹ 3,064 |
₹ 24,512 |
| 05 Apr 2018 | ₹ 2,920 |
₹ 23,360 |
₹ 3,066 |
₹ 24,528 |
| 04 Apr 2018 | ₹ 2,930 |
₹ 23,440 |
₹ 3,077 |
₹ 24,616 |
*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 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.
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.
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