✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.74% p.m. ✓ Minimal Documentation Check Eligibility

Today's Gold Price in Erode for 22 Karat

Check out the Gold Price Today in Erode for different weights below

Gram

22 Karat Gold Rate Today

22 Karat Gold Rate Yesterday

Daily Price Change

1 Gram

₹14,300

₹14,300

     ₹0

10 Gram

₹143,000

₹143,000

     ₹0

Disclaimer: The rates are subject to change as per market conditions.

24 Karat Gold Rate in Erode for the Last 5 Days

Check out fluctuations in 24K gold price per gram and 10 gram in Erode for the last 5 days.

Date

STANDARD GOLD 24K

 

1 Gram

10 Gram

April 21, 2026

₹15,015

₹150,150

April 20, 2026

₹15,015

₹150,150

April 19, 2026

₹15,078

₹150,780

April 18, 2026

₹15,078

₹150,780

April 17, 2026

₹15,078

₹150,780

22 Karat Gold Rate in Erode for the Last 5 Days

Check out fluctuations in 22K gold price per gram and 10 gram in Erode for the last 5 days.

Date

STANDARD GOLD 22K

 

1 Gram

10 Gram

April 21, 2026

₹15,015

₹150,150

April 20, 2026

₹15,015

₹150,150

April 19, 2026

₹15,078

₹150,780

April 18, 2026

₹15,078

₹150,780

April 17, 2026

₹15,078

₹150,780

18 Karat Gold Rate in Erode for the Last 5 Days

Check out fluctuations in 18K gold price per gram and 10 gram in Erode for the last 5 days.

Date

STANDARD GOLD 18K

1 Gram

10 Gram

April 21, 2026

₹11,700

₹117,000

April 20, 2026

₹11,700

₹ 117,000

April 19, 2026

₹11,749

₹117,490

April 18, 2026

₹11,749

₹117,490

April 17, 2026

₹11,749

₹117,490

`

Gold Rate in Erode– March 2026

Gold prices in Erode showed a downward trend in March 2026, showing a moderate decrease over the month. Both 22 Karat and 24 Karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31st of March showed below.

 

Gold Prices on 1st March 2026

  • 22 Karat Gold: ₹15,550 per gram
  • 24 Karat Gold: ₹16,328 per gram
     

Gold Prices on 31st March 2026

  • 22 Karat Gold: ₹13,670 per gram
  • 24 Karat Gold: ₹14,354 per gram
     

Highest Gold Price in March 2026

The highest recorded price of gold during the month was on 2nd March 2026: 

  • 22 Karat Gold: ₹15,550 per gram
  • 24 Karat Gold: ₹16,328 per gram
     

Lowest Gold Price in March 2026

The lowest recorded price of gold during the month was on 23rd March 2026: 

  • 22 Karat Gold: ₹12,950 per gram
  • 24 Karat Gold: ₹13,598 per gram
     

Overall Performance

In March 2026, gold prices in Erode recorded a rise. During this period, both 22 Karat and 24 Karat gold prices saw a rise of around -12.09%

Gold Rate in Erode - february 2026

Gold rates in Erode during February 2026, witnessed a gradual rise with a moderate upward trend overall. Both 22K and 24K gold recorded noticeable fluctuations, and the highest as well as lowest rates were noted between February 1 and 28, as shown below.

 

Gold Prices on 1st february 2026

  • 22-Karat Gold: ₹14,900 per gram
  • 24-Karat Gold: ₹15,645 per gram

 

Gold Prices on 26th february 2026

  • 22-Karat Gold: ₹14,900 per gram
  • 24-Karat Gold: ₹15,645 per gram

 

Highest Gold Price in february 2026

The highest recorded price of gold during the month was on 26 th february 2026:

  • 22-Karat Gold: ₹14,920 per gram
  • 24-Karat Gold: ₹15,666 per gram

 

Lowest Gold Price in february 2026

The lowest recorded price of gold during the month was on 3st february 2026:

  • 22-Karat Gold: ₹13,950 per gram
  • 24-Karat Gold: ₹14,648 per gram

 

Overall Performance

Gold rates in Erode rose during February 2026, as prices for both 22K and 24K gold climbed by nearly 0.00% over the period.

Gold Rate in Erode - January 2026

Gold prices in Erode experienced a steady upward movement throughout January 2026, reflecting a moderate overall rise. Both 22 Karat and 24 Karat gold saw fluctuations during the month, with the highest and lowest prices recorded between January 1 and January 31, as shown below.

 

Gold Prices on 1st January 2026

  • 22-Karat Gold: ₹12,440 per gram
  • 24-Karat Gold: ₹13,062 per gram

 

Gold Prices on 31st January 2026

  • 22-Karat Gold: ₹14,900 per gram
  • 24-Karat Gold: ₹15,645 per gram

 

Highest Gold Price in January 2026

The highest recorded price of gold during the month was on 30th January 2026:

  • 22-Karat Gold: ₹16,200 per gram
  • 24-Karat Gold: ₹17,010 per gram

 

Lowest Gold Price in January 2026

The lowest recorded price of gold during the month was on 2nd January 2026:

  • 22-Karat Gold: ₹12,440 per gram
  • 24-Karat Gold: ₹13,062 per gram

 

Overall Performance

Gold rates in Erode rose during February 2026, as prices for both 22K and 24K gold climbed by nearly 19.77%  over the period.

How Gold Rate is Determined in Erode?

A multitude of factors determine gold prices in the country and Erode. At present, there is no accepted mechanism to regulate gold price formally, nor does an international body exist to control the rates. Here’s a look at some factors determining the gold rate in Erode:

  • The international spot price of gold: OTC markets such as the London Bullion Market fix the spot price of gold daily. Also, bullion traders and banks help to decide the spot price of gold. And the daily spot price of gold plays a key role in determining the international gold rates. As India exports most of its gold, international prices of gold have a direct bearing on the gold rates in the country.

  • The gold futures price: Gold trade also occurs across global exchanges such as COMEX, TOCOM, DGCX, and more. Speculation drives the gold futures price. The gold futures price also affects the international gold prices.

  • Demand and supply factors: After the international price of gold, the demand and supply factors primarily decide the gold price in Erode. For instance, in a fixed period, with the supply of gold remaining constant, high demand will cause the current gold rate in Erode to increase.

  • Consumer behaviour: Along with demand and supply factors, consumer behaviour is integral in shaping the gold rate at Erode. For example, during the festival season, consumers can buy more gold. High demand increases the gold rates. Economic factors such as inflation also shape consumer behaviour and create a huge demand for this precious metal.

Read More

Factors that Affect Gold Prices in Erode

Here’s a look at the crucial factors affecting the gold price in Erode:

  • Fluctuations in currency rates: US Dollar is the denomination for gold trading across global markets. So if the US Dollar strengthens against the Indian Rupee (INR), gold prices will increase in India, and in Erode.

  • Geopolitical crisis: The yellow metal is also a crisis commodity. People buy more gold during times of strife, risks and uncertainties to hedge themselves. So if there is a global upheaval such as a disaster, market collapse, war, and so on, the gold rate in India, and consequently Erode, will increase.

  • Repo rates: If the RBI announces a decision to slash the Repo rate, banks will start providing loans at a lower interest rate. This will provide people with opportunities to buy gold. The high demand then can increase the gold rate in Erode. Similarly, a hike in the Repo rate, resulting in higher interest on loans, can lower the current gold rate in Erode.

  • Local issues: Local variables such as a hike in fuel rate or increase in transportation costs can directly affect the gold price in Erode. To offset the increase in the overall costs, sellers and manufacturers will add the fresh costs to the actual selling price of gold items. This will increase the current gold rate in Erode.

  • The existing scenario in the Indian jewellery market: During times of seasonal festivities such as Diwali and Dhanteras, people start buying more gold. This high seasonal demand can hike the gold rate at Erode.

  • Inflation: Investments in gold can beat inflation. So if inflationary trends emerge in the country’s economy, people can purchase more gold. This will increase the current gold rate in Erode.

Read More

GST Impact on Gold Rate in Erode

Here’s a look at the GST impact on the gold rate in Erode today:

  • GST impact on gold value in Erode: GST increased the tax rate on the value of gold from the previous rate of 2% to an existing 3%. This is because a uniform rate of 3% on the value of gold replaced the previous rates of 1% VAT along with 1% sales tax. So, now for any gold purchase, you must pay a GST of 3% on the gold’s value.

 

  • GST impact on making charges of gold items: As GST taxed the service sector, jewellers and sellers providing services, including the making of gold ornaments, came within its ambit. The rules fixed the tax slab for GST on making charges for gold items at 5%. To offset the fresh charge, jewellers passed the costs to customers. So for any gold purchase now, you must pay the making charges along with the GST on it.
Read More

FAQs

Where can I buy gold in Erode?

You can buy gold from a trusted jeweller or a bullion trader. You can also approach banks selling gold coins and bars.

Can I buy gold having in-house marks of the jeweller instead of hallmarked gold?

No, you should always buy BIS-certified hallmarked gold.

Is hallmarking mandatory for gold ornaments?

Yes, the BIS has mandated hallmarking from June 16, 2021.

Is it compulsory to have a Demat account to buy Gold ETFs?

Yes, SEBI mandates having a Demat account for any gold ETF purchase.

Which gold investment is the best?

You can select from a range of gold investments - from physical gold to gold bonds and virtual gold - as per your investment objectives.

Is there a 48 carat gold too?

No, the purest gold is 24 carats. 

Home
active_tab
Loan Offer
active_tab
CIBIL Score
active_tab
Yara.AI
Yara.AI
active_tab