The below list shows the live gold rate in nagercoil as of today 19-03-2024

The provid rates is the exact price of
- 916 kdm Hallmark gold in 22carat
- 916 kdm Hallmark gold in 24carat

Rates have been displayed in
- Rate per gram.
- Rate per 8 grams.
- Difference in 916 kdm gold price. (Compared with previous day rate)

Today Gold Price in Nagercoil

Weight 22K Gold Rate 24K Gold Rate
10g ₹ 60900 ₹ 65600
8g ₹ 48720 ₹ 52480
4g ₹ 24360 ₹ 26240
2g ₹ 12180 ₹ 13120
1g ₹ 6090.00 ₹ 6560.00

Nagercoil Gold Price History

Date Pure Gold (24 k) Standard Gold (22 K)
1 grm 1 grm
18/Mar/2024 6560.00(-0.38) 6090.00(-0.41)
17/Mar/2024 6585.00(0.00) 6115.00(0.00)
16/Mar/2024 6585.00(-0.15) 6115.00(-0.16)
15/Mar/2024 6595.00(-0.15) 6125.00(-0.16)
14/Mar/2024 6605.00(0.38) 6135.00(0.41)
13/Mar/2024 6580.00(-0.60) 6110.00(-0.65)
12/Mar/2024 6620.00(0.00) 6150.00(0.00)
11/Mar/2024 6620.00(0.00) 6150.00(0.00)
10/Mar/2024 6620.00(0.00) 6150.00(0.00)
09/Mar/2024 6620.00(0.68) 6150.00(0.74)

Gold Investment

Gold is one of the precious metals where investors buy as an investment. Gold is slightly reddish yellow metal which gets sold in different forms gold coins, jewelries etc..

Gold is widely purchased for wedding, beauty shower, birthday parties and there are specials events like akshaya tritiya where we get offers, discount on gold rates.

Points to be remembered before buying gold

1) Purity of gold: Gold purity is measured in Karats

Below are the purity level of gold

  • 14 Karat (58.33% Pure)
  • 18 Karat (75% pure)
  • 22 Karat (92% Pure)
  • 24 Karat (99.9% Pure)

2. Labor Charges: It is the making charge involved is creating jewelry by the jewelry changes depends on the complexity and design.

3. Certification: Check the certification of gold before buying it.

4. Weight: Gold jewelry is sold based on its weight.

5. Time of purchase: Gold is on high demand during festival seasons as more people spend money on gold which is also an asset

What is today gold rate in Nagercoil?

You can find Today's Gold rate in Nagercoil for the below categories:

    Gold Rate 22K  
  • Per gram ₹ 6090.00
  • Per 10 grams ₹ 60900
  • Per Kg ₹ 6090000
    Gold Rate 24K  
  • Per gram ₹ 6560.00
  • Per 10 grams ₹ 65600
  • Per Kg ₹ 656000

What was the rate of gold yesterday in Nagercoil?

You can find Yesterday's Gold rate in Nagercoil for the below categories:

    Gold Rate 22K  
  • Per gram ₹ 6115.00
  • Per 10 grams ₹ 61150
  • Per Kg ₹ 6115000
    • Gold Rate 24K  
    • Per gram ₹ 6585.00
    • Per 10 grams ₹ 65850
    • Per Kg ₹ 658500
    • Why gold rate is increasing day by day?

      •  Most of the people in India will do investment in Gold which is considered as most popular and safe mode of investment.
      • World Gold council says

      if 1% income rises per capita, 1% demand for gold rises

      if 1% price increases, 0.5% demand for gold decreases

      Gold price depends on which factors?

      • Inflation
      • Global movement
      • Government gold reserves
      • Jewelry market
      • Interest rate trends
      • How to calculate making charges for gold?

        Suppose, you wish to buy a 22 karat gold chain of weight 10.5 grams and the price of 22 Karat Gold listed by the jeweler on that day is Rupees 45,000 per 10 grams and the jeweler’s making charges are 15%; then the final jewellery price will be calculated as below:

        • Price of 10 grams of 22 Karat Gold = Rs. 45,000
        • Price of 1 gram of 22 Karat Gold = Rs. 45,000/10 = Rs. 4,500
        • Price of 10.5 grams of 22 Karat Gold Chain = Rs. 4,500 * 10.5 = Rs. 47,250
        • Making charges = 15% of Rs. 47,250 = Rs. 7,087
        • So, the total value of gold chain excluding tax = Rs. 47,250 + Rs. 7,087 = Rs. 54,337
        • GST @ 3% on the total price = 3% of Rs. 54,337 = Rs. 1,630
        • And, finally the total price with tax becomes = Rs. 54,337 + Rs. 1,630 = Rs. 55,967
        • The final billing amount will be Price of (22 KT or 18 KT) gold X (Weight in grams) + Making charges + GST at 3% on (Price of jewellery + making charges)
        • What is 24 Karat gold?

          Purity or weight of gold is measured in Carat.The 24 carat gold = 100% pure gold (No other metal will be mixed)

          What is 22K gold?

          Purity or weight of gold is measured in carat.The 22 carat gold = 22 carat metal will be gold and two carat will be other metals which is used for making hard texture gold.Purity is 91.67%.

          Why we should invest in gold?

          • Gold will provide returns when compared with other investments
          • Gold is one of the effective diversifiers
          • Gold is a mainstream asset

          What is the benefits of gold investment?

          • Safe and popular mode of investment
          • Price stability
          • To avoid any loss, if we invest our money in gold is a add on
          • Prevent inflation risk
          • Easy to buy and easy to sell