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GOLD/SILVER RATES IN Vellore (28/May/2024)

Gold rate in Vellore : Live Chennai present to you today gold rate in Vellore. Here, we provide you Gold Rate in Vellore today (28/May/2024) the exact today prices of 916 kdm hallmark gold in 22 Carat as well as 24 carat gold rate Vellore. These rates are legitimate and up-to-the-minute. We have the rates in different forms including Rate per gram, Rate per 8 grams. Also, the difference in 916 kdm gold rate Vellore as compared to the previous day is clearly put up. Check today Gold rate in Vellore.

Date 1 Gm (22 K) Silver 1 Gm
27/May/2024 6,720 (65 ) 97.50 (1.50 )
gold rate in Vellore  Vellore Gold Rate
Last Update Time: 9:52:43 AM
Date Pure Gold (24 k) Standard Gold (22 K)
1 Gm 8 Gm 1 Gm 8 Gm
27/May/2024 7,190 57,520 6,720 53,760
26/May/2024 7,125 57,000 6,655 53,240
25/May/2024 7,125 57,000 6,655 53,240
24/May/2024 7,120 56,960 6,650 53,200
23/May/2024 7,220 57,760 6,750 54,000
22/May/2024 7,330 58,640 6,860 54,880
21/May/2024 7,330 58,640 6,860 54,880
20/May/2024 7,370 58,960 6,900 55,200
19/May/2024 7,320 58,560 6,850 54,800
18/May/2024 7,320 58,560 6,850 54,800
gold rate in Vellore  Vellore Silver Rate
Last Update Time: 9:52:43 AM
Date Silver 1 Gm Ready Silver (1 Kg)
27/May/2024 97.50 97,500.00
26/May/2024 96.00 96,000.00
25/May/2024 96.00 96,000.00
24/May/2024 96.50 96,500.00
23/May/2024 97.00 97,000.00
22/May/2024 100.30 100,300.00
21/May/2024 99.00 99,000.00
20/May/2024 101.00 100,100.00
19/May/2024 97.50 97,500.00
18/May/2024 97.50 97,500.00

Monthly Graph of Gold Rate in Vellore -

Gold Rate in Vellore

There is no denying to the fact that gold is a much sought-after metal in Vellore. The yellow metal gets sold in different forms: gold coins, jewelries, bullion, etc. Often times, the idea of buying gold in Vellore is to signify one's status and wealth and to follow traditional system of investment.

In India, gold trade and Gold Rate in Vellore has a huge impact on the whole. Gold in Vellore is widely purchased not just for personal celebrations like wedding or birthday parties, but also for events like Akshaya Tritiya when there are a lots of discounts, slashed rates, exciting offers and more to entice the customers.

Coming on to the elements that determine the Today Gold rate in Vellore, there are many:

  • State taxes
  • Local taxes
  • Transportation taxes
  • Additional costs incurred by jewelries in Vellore

There are a lot of factors that impact gold purchase. This includes monsoon, harvest season, etc.

Gold investment in Vellore

There are a lot of people who love to buy gold in Vellore as a form of investment. Gold rate in Vellore has consistently been breaking the inflation for years, say experts. Hence, they suggest, customers should not get too much involved in buying gold in Vellore as short term.

Buying gold coins in Vellore

There are a lot of private gold sellers in Vellore and banks including SBI that sells gold coins in Vellore. This largely reduces the likeliness of fraudulence in gold purchase in Vellore. These coins are available in different sizes ranging from 2 to 50 grams. As far as buying gold coins is concerned, the purity of gold is assured, but there is no guarantee in buying back the coins though. This is one of the most important reasons for buyers to opt for gold jewelries than coins. Furthermore, buyers will have to pay out extra sum towards premium for buying gold coins from banks.

Exchange Traded Fund

ETF is Exchange Traded Fund. This extends gaining in long term after 1 year. After 3 years time, one can make long term gains out of physical gold. This will not have any risk of getting stolen and has no hassles to store. It is also not subject to taxes like wealth tax or VAT.

FAQs on Gold Rate in Vellore