track the latest gold prices in Namakkal to make smart financial decisions
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Namakkal, known for its strong cultural roots and vibrant traditions, holds gold in high regard, whether for crafting exquisite jewellery or as a dependable investment option. In this town, gold plays a significant role during festivals, weddings, and other celebrations.
Gold rates vary across cities due to factors like local demand and global market trends. It’s therefore essential for you, as a resident of Namakkal, to stay updated on today's gold price in Namakkal. Knowing today’s gold rate in Namakkal can help you make timely and well-informed purchases, whether for personal adornment or as a secure financial asset.
Gold prices in Namakkal maintained their upward momentum in June 2025, showing a steady increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of June.
Gold Prices on 1st June 2025
- 22-Karat Gold: ₹9,860 per gram
- 24-Karat Gold: ₹10,720 per gram
Gold Prices on 30th June 2025
- 22-Karat Gold: ₹10,120 per gram
- 24-Karat Gold: ₹10,990 per gram
Highest Gold Price in June 2025
The highest recorded price of gold during the month was on 26th June 2025:
- 22-Karat Gold: ₹10,150 per gram
- 24-Karat Gold: ₹11,020 per gram
Lowest Gold Price in June 2025
The lowest recorded price of gold during the month was on 1st June 2025:
- 22-Karat Gold: ₹9,830 per gram
- 24-Karat Gold: ₹10,690 per gram
Overall Performance
Gold prices in Namakkal showed a +2.63% increase in June 2025.
Gold prices in Namakkal continued their upward trend in May 2025, showing a moderate increase 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 May.
Gold Prices on 1st May 2025
- 22-Karat Gold: ₹9,650 per gram
- 24-Karat Gold: ₹10,500 per gram
Gold Prices on 31st May2025
- 22-Karat Gold: ₹9,860 per gram
- 24-Karat Gold: ₹10,720 per gram
Highest Gold Price in May 2025
The highest recorded price of gold during the month was on 28th May 2025:
- 22-Karat Gold: ₹9,900 per gram
- 24-Karat Gold: ₹10,760 per gram
Lowest Gold Price in May 2025
The lowest recorded price of gold during the month was on 5th May 2025:
- 22-Karat Gold: ₹9,620 per gram
- 24-Karat Gold: ₹10,470 per gram
Overall Performance
Gold prices in Namakkal showed a +2.17% increase in May 2025.
Gold prices in Namakkal continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.
Gold Prices on 1st April 2025
- 22-Karat Gold: ₹9,210 per gram
- 24-Karat Gold: ₹9,990 per gram
Gold Prices on 30th April 2025
- 22-Karat Gold: ₹9,650 per gram
- 24-Karat Gold: ₹10,500 per gram
Highest Gold Price in April 2025
The highest recorded price of gold during the month was on 26th April 2025:
- 22-Karat Gold: ₹9,740 per gram
- 24-Karat Gold: ₹10,590 per gram
Lowest Gold Price in April 2025
The lowest recorded price of gold during the month was on 7th April 2025:
- 22-Karat Gold: ₹9,170 per gram
- 24-Karat Gold: ₹9,950 per gram
Overall Performance
Gold prices in Namakkal showed a +4.77% increase in April 2025.
Global trends, such as demand in international markets and geopolitical tensions
Local demand during festivals and wedding seasons in Namakkal
Inflation rates, which make gold an attractive hedge, driving prices higher
Currency exchange rates, especially the value of the Rupee against the Dollar
Government policies, including changes in import duties and gold reserves
GST on Purchases
A 3% GST is applied to the value of gold, which increases the overall cost.
GST on Making Charges
An additional 5% GST is levied on the making charges for jewellery, particularly for intricate designs.
Total Cost Impact
The combined GST on gold and making charges significantly affects the final price of gold jewellery in Namakkal.
Gold loans in Namakkal are directly influenced by prevailing gold rates. The loan amount you can borrow depends on the value of the gold pledged as collateral.
When gold rates are high, the value of your pledged gold increases, allowing you to secure a larger loan amount. Conversely, if gold rates drop, the loan amount you are eligible for decreases. The Reserve Bank of India caps the loan-to-value (LTV) ratio for gold loans at 75%, but fluctuations in gold rates may impact the repayment terms. It’s important to monitor gold rates in Namakkal to make well-informed borrowing decisions.
FAQs
What is the current gold rate in Namakkal?
The gold rate in Namakkal varies daily based on market trends, local demand, and global factors. Stay updated on today’s rate to make informed purchases.
What are the different purity levels of gold available in Namakkal?
Gold in Namakkal is typically available in 24-karat (99.9% pure) for investments and 22-karat (91.6% pure) for jewellery. Lower purities like 18-karat are also available for specific needs.
How can I invest in gold in Namakkal?
You can invest in Namakkal by purchasing physical gold, digital gold, gold ETFs, gold mutual funds, or Sovereign Gold Bonds. Choose the option that aligns with your goals, while being updated with the gold rate today in Namakkal.
What factors should I consider before buying gold in Namakkal?
Check the current gold rate, ensure BIS hallmark certification, evaluate making charges, choose the right purity level, and buy from a trusted jeweller.
How does GST affect gold prices in Namakkal?
A 3% GST is applied to the value of gold, and an additional 5% GST is charged on jewellery making charges. These taxes increase the total cost of purchasing gold.
