Take a look at today's gold price of 18 karat, 22 karat and 24 karat. Stay informed about the latest gold rate in Theni today to make smarter decisions when buying or investing in gold.
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Gold has always been a symbol of wealth and a reliable investment option. Keeping track of the gold rates in Theni ensures you make informed choices, whether you are purchasing gold jewellery, coins, or bars. By understanding daily price trends, you can optimise your gold investments effectively.
Gold prices in Theni 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: ₹9,060 per gram
- 24-Karat Gold: ₹9,850 per gram
Gold Prices on 30th April 2025
- 22-Karat Gold: ₹9,510 per gram
- 24-Karat Gold: ₹10,350 per gram
Highest Gold Price in April 2025
The highest recorded price of gold during the month was on 24th April 2025:
- 22-Karat Gold: ₹9,600 per gram
- 24-Karat Gold: ₹10,440 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: ₹9,000 per gram
- 24-Karat Gold: ₹9,800 per gram
Overall Performance
Gold prices in Theni showed a +4.95% increase in April 2025.
Gold prices in Theni continued their upward trend in March 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 31th of March.
Gold Prices on 1st March 2025
- 22-Karat Gold: ₹8,840 per gram
- 24-Karat Gold: ₹9,630 per gram
Gold Prices on 31st March 2025
- 22-Karat Gold: ₹9,060 per gram
- 24-Karat Gold: ₹9,850 per gram
Highest Gold Price in March 2025
The highest recorded price of gold during the month was on 22nd March 2025:
- 22-Karat Gold: ₹9,120 per gram
- 24-Karat Gold: ₹9,910 per gram
Lowest Gold Price in March 2025
The lowest recorded price of gold during the month was on 5th March 2025:
- 22-Karat Gold: ₹8,800 per gram
- 24-Karat Gold: ₹9,580 per gram
Overall Performance
Gold prices in Theni showed a +2.48% increase in March 2025.
Gold prices in Theni continued their upward trend in February 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 28th of February.
Gold Prices on 1st February 2025
- 22-Karat Gold: ₹8,610 per gram
- 24-Karat Gold: ₹9,380 per gram
Gold Prices on 28 th February 2025
- 22-Karat Gold: ₹8,840 per gram
- 24-Karat Gold: ₹9,630 per gram
Highest Gold Price in February 2025
The highest recorded price of gold during the month was on 15th February 2025:
- 22-Karat Gold: ₹8,880 per gram
- 24-Karat Gold: ₹9,670 per gram
Lowest Gold Price in February 2025
The lowest recorded price of gold during the month was on 4th February 2025:
- 22-Karat Gold: ₹8,560 per gram
- 24-Karat Gold: ₹9,330 per gram
Overall Performance
Gold prices in Theni showed a +2.66% increase in February 2025.
Gold remains one of the most popular investment options in Theni due to its stability and enduring value. Here are the main ways to invest in gold:
Physical Gold
Physical gold in the form of jewellery, coins, and bars is a traditional investment option. Always buy from reputable jewellers in Theni to ensure authenticity and purity.
Digital Gold
Digital gold offers a modern way to invest without the hassle of storage. Starting from just ₹1, this form of gold investment ensures your gold is securely stored in insured vaults.
Gold ETFs
Gold Exchange-traded Funds (ETFs) allow you to invest in gold without physically owning it. Backed by actual gold reserves, gold ETFs are traded on stock exchanges, making them a convenient option.
Additional Read: SGB vs Gold ETF
Gold Mutual Funds
Gold mutual funds are financial instruments where the fund managers invest in assets like gold mining companies or physical gold. They are ideal for investors looking for low entry barriers and diversification.
Sovereign Gold Bonds (SGB)
Sovereign Gold Bonds, issued by the Reserve Bank of India (RBI), are one of the safest gold investment options. They offer periodic interest along with capital appreciation.
When buying gold in Theni, consider these important factors:
Current Gold Prices
Gold prices change daily based on local and international market conditions. Staying updated on the latest rates in Theni ensures you get the best value.
Gold’s Purity
Gold is available in various purity levels, such as 18 karats, 22 karats, and 24 karats. Verify the karat level to ensure it matches your needs.
Trusted Sellers
Always purchase gold from well-known jewellers in Theni to guarantee quality and avoid counterfeit products.
Hallmark Certification
Look for the BIS hallmark on gold items to confirm their purity and authenticity. This certification ensures your investment meets quality standards.
Extra Charges
Understand the impact of making charges, GST, and other fees on the final cost of gold.
Several factors influence gold prices in Theni, including:
Currency Fluctuations
The value of the Indian Rupee against the US Dollar directly impacts gold rates. A weaker rupee typically results in higher gold prices.
Global Events
Geopolitical tensions, economic instability, and policy changes can significantly affect gold prices. During uncertain times, gold prices often increase.
Seasonal Demand
Festivals and weddings in India drive gold demand, pushing prices higher during these seasons. Conversely, demand dips in the off-season, leading to lower prices.
Government Policies
Changes in import duties, restrictions, or other government regulations can impact gold prices in Theni.
Tax Policy
Taxes like GST also play a role in determining the final price of gold. Higher taxes increase the cost of gold purchases.
Hallmark Certification
The BIS hallmark certifies the purity of gold and includes important details like the BIS logo, karat level, and a unique identification number.
Visual Inspection
Inspect for discolouration or tarnishing. Pure gold does not tarnish, so any such signs indicate potential impurities.
X-Ray Fluorescence Testing
This advanced method uses X-rays to analyse the gold’s composition. Many jewellers in Theni offer this service, which is precise and non-invasive.
Density Test
Gold has a standard density of 19.3 g/cm³. By comparing an item’s weight and volume with this value, you can detect impurities.
Nitric Acid Test
Scratching the gold and applying nitric acid can reveal impurities. Pure gold remains unaffected, while impure gold reacts or changes colour. Conduct this test with professional assistance.
Magnet Test
Gold is non-magnetic. If your gold item is attracted to a magnet, it likely contains other metals, indicating it is not pure.
The Goods and Services Tax (GST) significantly impacts the cost of gold. A 3% GST is applied to the value of gold, while an additional 5% GST is levied on making charges for jewellery. These taxes increase the total cost, so consider them when budgeting for your purchase.
Gold is frequently used as collateral for loans. The loan amount depends on the prevailing gold rate. When gold prices rise, the loan amount also increases. You can compare and apply for gold loans online with ease through Bajaj Markets.
Frequently Asked Questions
What does 22-karat gold mean?
22-karat gold contains 91.67% pure gold, with the rest being other metals like copper or silver to enhance its strength and durability.
Is 24-karat gold suitable for making jewellery?
24-karat gold is 99.9% pure but too soft for crafting durable jewellery. It is better suited for investment purposes, while 22-karat gold is ideal for ornaments.
What taxes are applicable to gold purchases in Theni?
A 3% GST is charged on the value of gold, and a 5% GST is applied to making charges for jewellery items.
Why is hallmarking important for gold purchases?
Hallmarking ensures the purity and authenticity of gold, protecting buyers from fraud and substandard products.
Where can I buy authentic gold in Theni?
Theni is home to several trusted jewellers known for offering certified gold. Choose a reputable seller to ensure a genuine purchase.
