Today's Gold Rate in Tirupur

Gold holds a special place in Indian culture and remains a preferred investment option in Tirupur. Whether bought as jewellery, coins, bars, or through modern avenues like digital gold, it is a reliable way to preserve wealth. Tracking the gold rate today in Tirupur is essential for making informed decisions, especially during festivals, weddings, or investment planning. 

 

The gold price in Tirupur is shaped by factors like global trends, currency movements, and local demand. Staying updated with today’s gold rate in Tirupur ensures transparency and helps you maximise the value of your purchase.

Gold prices in Tirupur 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: ₹9,020 per gram
• 24-Karat Gold: ₹9,810 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹9,470 per gram
• 24-Karat Gold: ₹10,300 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: ₹9,560 per gram
• 24-Karat Gold: ₹10,390 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: ₹8,960 per gram
• 24-Karat Gold: ₹9,760 per gram

 

Overall Performance

Gold prices in Tirupur showed a +4.99% increase in April 2025.

Gold prices in Tirupur 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: ₹8,800 per gram
• 24-Karat Gold: ₹9,590 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹9,020 per gram
• 24-Karat Gold: ₹9,810 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 21st March 2025:

• 22-Karat Gold: ₹9,080 per gram
• 24-Karat Gold: ₹9,870 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: ₹8,760 per gram
• 24-Karat Gold: ₹9,540 per gram

 

Overall Performance

Gold prices in Tirupur showed a +2.50% increase in March 2025.

Gold prices in Tirupur 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: ₹8,570 per gram
• 24-Karat Gold: ₹9,340 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹8,800 per gram
• 24-Karat Gold: ₹9,590 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: ₹8,840 per gram
• 24-Karat Gold: ₹9,630 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 3rd February 2025:

• 22-Karat Gold: ₹8,520 per gram
• 24-Karat Gold: ₹9,300 per gram

 

Overall Performance

Gold prices in Tirupur showed a +2.68% increase in February 2025.

The gold rate in Tirupur is influenced by a combination of domestic and international factors. Understanding these can help buyers make informed decisions and track price fluctuations effectively.

Global Trends

International demand and supply play a key role in determining the gold price in Tirupur. When global demand rises or supply drops, gold prices tend to increase. Events like geopolitical tensions, inflation, and changes in global gold reserves also drive prices.

Currency Fluctuations

The exchange rate between the Indian Rupee and the U.S. Dollar plays a key role in determining gold prices. As India relies on imports for gold, a depreciating rupee increases import expenses, making gold more expensive. Keeping track of currency fluctuations is essential to gauge the current gold rate in Tirupur.

Local Demand

Festivals and weddings in India, including in Tirupur, cause a surge in gold demand. High demand during these periods often leads to a temporary rise in prices. Conversely, reduced demand during off-seasons may bring prices down.

Government Policies

Government-imposed import duties and regulations directly affect the gold rate in Tirupur. Higher import taxes lead to increased gold prices, while relaxed policies may lower costs. Such policies aim to manage trade deficits and control gold imports in India.

GST Impact

The Goods and Services Tax (GST) adds to the cost of purchasing gold in Tirupur. A 3% GST is applied to the value of gold, while 5% is charged on making charges for jewellery. These taxes increase the final price, impacting buyers’ budgets.

 

Understanding these factors ensures you make informed decisions when purchasing gold. Keeping track of these elements can help you identify favourable times to invest.

The Goods and Services Tax (GST) has a direct impact on the cost of buying gold in Tirupur. Introduced by the Indian government, GST applies to all goods, services, and high-value items, including gold. This tax increases the overall cost of purchasing gold, particularly for jewellery buyers, due to the additional charges applied on making charges.

• A 3% GST is levied on the value of gold, whether it is purchased in the form of jewellery, coins, or bars

• An additional 5% GST is applicable on the making charges for jewellery

Example Calculation

If you purchase gold jewellery worth ₹70,000 with ₹10,000 as making charges, the GST calculation would be as follows:

 

GST on Gold Price: ₹70,000 × 3% = ₹2,100

 

GST on Making Charges: ₹10,000 × 5% = ₹500

 

Total GST: ₹2,100 + ₹500 = ₹2,600

 

This means the final price of the jewellery will increase by ₹2,600, significantly affecting the overall cost.

Tips for Gold Buyers in Tirupur

Here are some effective tips for gold buyers in Tirupur to ensure a transparent and well-informed purchasing experience:

• Calculate the GST component based on the gold rate today in Tirupur and the applicable making charges

• Check for detailed bills from jewellers to ensure accurate GST calculations and transparency

• Be mindful that jewellery with intricate designs or higher making charges will have a greater GST impact

 

Being aware of GST rates and their impact can help buyers in Tirupur budget effectively for their gold purchases and ensure a smooth buying experience.

Gold loans in Tirupur are a popular financing option where the loan amount depends on the weight, purity, and gold rate today in Tirupur. Higher gold prices allow borrowers to secure larger loan amounts, while lower rates may require pledging more gold to meet financial needs. Lenders calculate the loan value based on the current market price of gold, making it crucial to track price trends before applying.

 

Monitoring today’s gold price in Tirupur helps borrowers maximise their loan value. Comparing offers, understanding the loan-to-value ratio, and reviewing charges like processing fees ensure a transparent and beneficial borrowing experience.