Business
oi-Prakash KL
Gold prices across Tamil Nadu remained largely steady on Tuesday, reflecting a broader trend of stability in the bullion market even as minor variations were seen across leading jewellery chains. The uniformity in rates suggests a calm trading environment, with little movement in underlying global cues influencing domestic prices.
According to the latest bullion data, 24-carat gold in the state is priced at around ₹15,231 per gram, while 22-carat gold stands near ₹13,962 per gram. Silver, meanwhile, is trading at approximately ₹244 per gram for fine quality. Despite this benchmark, individual jewellers are quoting slightly varied rates depending on local demand, making charges, and inventory cycles.
Gold prices across Tamil Nadu remained largely steady on Tuesday, with 22-carat gold averaging around ₹13,962 per gram and silver near ₹244 per gram, though specific rates varied slightly among jewellers like GRT and Vummidi Bangaru.
At GRT Jewellers, one of the state’s most prominent chains, 22-carat gold is priced at ₹13,875 per gram, while 24-carat gold is being sold at ₹15,147. Interestingly, its 18-carat gold rate mirrors the 22-carat price at ₹13,875, while 14-carat gold is available at ₹8,836 per gram.
Similarly, Vummidi Bangaru Jewellers has priced 24-carat gold slightly higher at ₹15,202 per gram and 22-carat gold at ₹13,925. Its 18-carat offering stands at ₹11,401, while silver is quoted at ₹265 per gram, aligning with the broader retail trend.
At Lalitha Jewellery, 22-carat gold is being sold at ₹13,875 per gram, matching several competitors, while silver is also priced at ₹265 per gram. Saravana Stores Elite Jewellery has marginally lower rates for 22-carat gold at ₹13,870 per gram, with 18-carat gold priced at ₹11,357.
Meanwhile, Jeyachandran Gold House is quoting 24-carat gold at ₹15,218 per gram, one of the higher rates in the market today, while 22-carat gold is at ₹13,950. Its 18-carat gold rate stands at ₹11,413.64, and silver is again consistent at ₹265 per gram.
At Swarna Maligai, 22-carat gold is priced at ₹13,950, with 18-carat gold at ₹11,635, indicating a slightly premium positioning. Silver here too remains steady at ₹265 per gram.
| Jewellery Shop | 24K Gold (₹) | 22K Gold (₹) | 18K Gold (₹) | 14K Gold (₹) |
|---|---|---|---|---|
| GRT Jewellers | 15,147 | 13,875 | 13,875 | 8,836 |
| Vummidi Bangaru Jewellers | 15,202 | 13,925 | 11,401 | – |
| Lalitha Jewellery | – | 13,875 | – | – |
| Saravana Stores Elite Jewellery | – | 13,870 | 11,357 | – |
| Jeyachandran Gold House | 15,218 | 13,950 | 11,413.64 | – |
| Swarna Maligai | – | 13,950 | 11,635 | – |
| Kota Gold Jewellery (Coimbatore) | 15,137 | 13,875 | – | – |
| D.A.R Jewellery | – | 13,875 | 11,361 | – |
Regional variations are also visible in Coimbatore, where Kota Gold Jewellery lists 24-carat gold at ₹15,137 per gram and 22-carat gold at ₹13,875. Silver in the city is quoted slightly lower at around ₹260 per gram.
| Jewellery Shop | Silver Rate (₹) |
|---|---|
| Vummidi Bangaru Jewellers | 265 |
| Lalitha Jewellery | 265 |
| Jeyachandran Gold House | 265 |
| Swarna Maligai | 265 |
| Kota Gold Jewellery (Coimbatore) | 260 |
| D.A.R Jewellery | 221 – 246 (based on purity) |
At D.A.R Jewellery, 22-carat gold is available at ₹13,875, while 18-carat gold is priced at ₹11,361. Silver rates vary depending on purity, ranging from ₹221 to ₹246 per gram.
Overall, the gold market in Tamil Nadu today reflects stability with marginal differences across retailers. The consistency in pricing indicates subdued volatility, offering some predictability for buyers. However, the small fluctuations between jewellers underline the importance of comparing rates before making purchases, especially for bulk buying or investment purposes.
