24K price performance
▼ Down ₹1,355.71 (-8.3%) over 31 days
Erode, Tamil Nadu, India
Gold Jewellery Price
24K per gram
₹15,055.00
22K per gram
₹13,800.00
18K per gram
₹11,550.00
Last rate update: Sat, Jun 13, 2026 4:34 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,055.00 |
| Weight in grams | 10.000 |
| Gold value | ₹1,50,550.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,516.50 |
| Total | ₹1,55,066.50 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 13, 2026 | ₹15,055.00 | Verified |
| Jun 12, 2026 | ₹14,985.43 | Verified |
| Jun 11, 2026 | ₹14,804.53 | Verified |
| Jun 10, 2026 | ₹15,154.72 | Verified |
| Jun 09, 2026 | ₹15,440.71 | Verified |
| Jun 08, 2026 | ₹15,403.38 | Verified |
| Jun 07, 2026 | ₹15,491.00 | Verified |
| Jun 06, 2026 | ₹15,592.67 | Verified |
| Jun 05, 2026 | ₹15,796.38 | Verified |
| Jun 04, 2026 | ₹15,804.88 | Verified |
In Erode, Tamil Nadu, as of 14 May 2026, gold prices for jewelry are influenced by current market trends and purity levels. The rates for 24-karat gold stand at approximately ₹16,418 per gram, with 22-karat at ₹15,050, and 18-karat at ₹12,570. These prices reflect recent fluctuations observed over the past month, with a notable upward trend beginning around early May. When buying or selling gold jewelry in Erode, it's essential to consider purity markings, current market rates, and the prevailing demand. Local jewelers often adjust their prices based on global gold movements, so staying informed about recent price changes can help you make better decisions. Whether you're purchasing for investment or personal adornment, understanding these factors ensures transparency and value for your transactions in Erode, Tamil Nadu.
Market
Market pulse
Gold prices in Erode have experienced a steady increase as of mid-May 2026, with recent data showing a rise from around ₹15,400 to over ₹16,300 per gram. This upward trend reflects global market influences and local demand dynamics. The current rates for 24-karat gold are approximately ₹16,418, indicating a favorable environment for sellers, while buyers should remain attentive to daily fluctuations. The market remains active, with prices closely tracking international gold movements, making it crucial for buyers and sellers in Erode to stay updated on current rates and market conditions to optimize their transactions.
Guide
Buyer playbook
For buyers in Erode looking to purchase gold jewelry, start by checking current market rates and purity markings on the jewelry. Compare prices from multiple local jewelers to ensure you're getting a fair deal, especially since rates can vary slightly between shops. Always verify the gold's purity and request certification if available. Consider the current market trend; as of 14 May 2026, gold prices are on the rise, which might influence your purchasing decision. If buying for investment, focus on high-purity gold and keep track of daily price movements to buy at favorable rates. For personal use, prioritize craftsmanship and design, but remain aware of the prevailing rates to avoid overpaying. Maintaining awareness of market conditions and verifying details ensures a transparent and satisfying purchase experience in Erode.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Compare prices from multiple jewelers.
- Request certification for purity.
- Inspect the jewelry for craftsmanship.
- Confirm the weight and calculate the total cost.
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FAQ
Frequently asked questions
What is the current gold rate in Erode as of 14 May 2026?
The current rate for 24-karat gold in Erode is approximately ₹16,418 per gram, with 22-karat at ₹15,050 and 18-karat at ₹12,570.
How often do gold prices change in Erode?
Gold prices in Erode can fluctuate daily, influenced by global markets and local demand, with recent trends showing an upward movement in May 2026.
What should I check before buying gold jewelry in Erode?
Verify current rates, check purity markings, compare prices, request certification, inspect craftsmanship, and confirm weight for an informed purchase.
Are the rates for gold in Erode consistent across different jewelers?
Rates may vary slightly between jewelers due to markup differences, but overall, they follow the prevailing market prices closely.
Is it better to buy gold jewelry now or wait?
Gold prices are currently rising as of mid-May 2026. Consider market trends and your personal needs before making a purchase decision.
How can I ensure the purity of gold in Erode?
Check for purity markings and request certification from reputable jewelers to confirm the gold's quality.