Take a look at today's gold price of 18 Carat, 22 Carat, and 24 Carat. Stay informed about the latest gold rate in Theni today to make smarter decisions when buying or investing in gold.
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.
The highest recorded price of gold during the month was on 24th April 2025:
The lowest recorded price of gold during the month was on 7th April 2025:
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.
The highest recorded price of gold during the month was on 22nd March 2025:
The lowest recorded price of gold during the month was on 5th March 2025:
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.
The highest recorded price of gold during the month was on 15th February 2025:
The lowest recorded price of gold during the month was on 4th February 2025:
Gold prices in Theni showed a +2.66% increase in February 2025.
Several factors influence gold prices in Theni, including:
The value of the Indian Rupee against the US Dollar directly impacts gold rates. A weaker rupee typically results in higher gold prices.
Geopolitical tensions, economic instability, and policy changes can significantly affect gold prices. During uncertain times, gold prices often increase.
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.
Changes in import duties, restrictions, or other government regulations can impact gold prices in Theni.
Taxes like GST also play a role in determining the final price of gold. Higher taxes increase the cost of gold purchases.
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.
22-karat gold contains 91.67% pure gold, with the rest being other metals like copper or silver to enhance its strength and durability.
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.
A 3% GST is charged on the value of gold, and a 5% GST is applied to making charges for jewellery items.
Hallmarking ensures the purity and authenticity of gold, protecting buyers from fraud and substandard products.
Theni is home to several trusted jewellers known for offering certified gold. Choose a reputable seller to ensure a genuine purchase.