Coimbatore Gold Rate Today

கோவை தங்கம் விலை இன்று

இன்றைய 22 கேரட் (916) தங்கம் விலை: கிராமுக்கு ₹13,688, பவுனுக்கு (8 கிராம்) ₹1,09,502. இது இந்திய புல்லியன் மற்றும் நகை வியாபாரிகள் சங்கம் (IBJA) 9 அக்டோபர் 2026 அன்று வெளியிட்ட மாலை (PM) விலை. இதில் 3% GST-யும் செய்கூலியும் சேர்க்கப்படவில்லை.

IBJA வேலை நாட்களில் காலை, மாலை என இரண்டு முறை விலை வெளியிடுகிறது. சனி, ஞாயிறு மற்றும் மத்திய அரசு விடுமுறை நாட்களில் விலை வெளியிடப்படுவதில்லை; அந்த நாட்களில் கடைசியாக வெளியான விலை தேதியுடன் இங்கே காட்டப்படும்.

கோவையில் உள்ள ஒவ்வொரு நகைக்கடையும் அன்றைய கிராம் விலையைத் தானே நிர்ணயிக்கிறது. வாங்கும் முன் கடையின் கிராம் விலை, செய்கூலி (சதவீதமா, கிராமுக்கா என்பதையும்), GST ஆகியவற்றை மதிப்பீட்டுச் சீட்டில் எழுதித் தரச் சொல்லுங்கள்.

Understanding Gold Rates in Coimbatore

Gold has a special significance in Coimbatore's cultural and economic life. As a major textile and manufacturing hub, Coimbatore has a large middle-class population with strong traditions of gold ownership — for weddings, festivals, and investments. The city is home to hundreds of jewelers ranging from large national chains to family-run goldsmith shops that have served generations of families.

Where the rate on this page comes from

The rates above are the ones published by the India Bullion and Jewellers Association (IBJA) on ibjarates.com. IBJA publishes an opening (AM) and a closing (PM) rate on working days for gold of 999, 995, 916, 750 and 585 purity, per 10 grams, and for 999 silver per kilogram. Its own note says the rates are "without 3% GST and Making Charges". IBJA's site also lists RBI notifications that use IBJA rates as the benchmark for lending against gold jewellery.

We record each published rate when we fetch it, with the time we fetched it, and this page shows the most recent one. We do not estimate a rate from international prices, and we do not fill in days we did not record. The day-on-day change appears only when we have recorded two trading days.

From the IBJA rate to a Coimbatore showroom price

A Coimbatore jewellery showroom sets its own rate per gram for the day, and the bill is built from three parts:

1. Gold value: the showroom's rate per gram for the purity (22K = 916, 18K = 750) × the weight.
2. Making charges: set by each jeweller, quoted as a percentage of the gold value or as a rate per gram. They vary by design, so ask for the figure before you buy.
3. GST: 3%, which IBJA's published rates exclude.

The calculator above follows these three steps. Enter the making charge your jeweller quotes. For a rate per gram quote, work out the percentage first or ask the jeweller to write it on the estimate.

Understanding Gold Purity: 22K, 24K, and 18K Gold

What Does 22K (916) Gold Mean?

22 Karat gold, also stamped as 916 or 916 KDM, is the most popular choice for jewellery in India. "22K" means 22 parts out of 24 parts are pure gold — or 91.67% gold purity. The remaining 8.33% consists of alloy metals (typically silver, copper, and zinc) that are added to improve durability and hardness.

Pure gold (24K) is too soft for everyday jewellery — rings would bend, chains would break, and fine details would lose shape. The addition of alloy metals makes 22K gold significantly harder and more durable while maintaining a rich golden color. This is why 22K is the standard for wedding jewellery, bangles, chains, and earrings in Tamil Nadu.

The hallmark "916" stamped on jewellery means 916 grams out of 1000 grams is pure gold — equivalent to 22K. Under BIS hallmarking rules mandatory since June 2021, all gold jewellery sold in India must carry this certification.

What Does 916 KDM Mean in Coimbatore Gold Markets?

Originally, KDM stood for a cadmium-based alloy used as a soldering material for joining gold pieces during jewellery manufacturing. Cadmium was popular because it had a low melting point (318°C) that allowed jewelers to solder without damaging the gold.

However, cadmium is carcinogenic — it poses health risks to workers and potentially to wearers. The Bureau of Indian Standards (BIS) banned cadmium-based soldering for gold jewellery in 2012. Modern jewellery now uses BIS-certified silver-zinc alloys for soldering.

Despite the ban, the "KDM" label persisted in marketing as shorthand for high-purity 22K gold. When you see "916 KDM" in Coimbatore shops today, it simply means 22K gold certified by BIS — the soldering material is no longer cadmium. The hallmark to look for is the 6-digit HUID (Hallmark Unique Identification) number, the BIS logo, and the purity mark (916).

24K Gold (999) — Investment Grade

24 Karat gold represents 99.9% pure gold — virtually no alloy content. Because of its softness, 24K gold is not suitable for fine jewellery that needs to hold shape. However, it's the preferred form for investment — gold coins, gold bars, and biscuits are typically 24K (999 purity).

In Coimbatore, 24K gold is available as coins (5g, 10g, 20g denominations) and small bars from reputed jewelers and banks. The State Bank of India (SBI), MMTC, and PAMP Suisse-partnered outlets sell certified 24K gold coins. The price per gram for 24K is higher than 22K since it's purer, but the overall investment value is similar when comparing equal weight.

18K Gold (750) — Diamond Jewellery Grade

18 Karat gold (stamped 750) contains 75% pure gold and 25% alloy metals. This higher alloy content makes 18K gold even harder than 22K, making it ideal for intricate diamond-studded jewellery, white gold, and rose gold pieces.

When you buy diamond jewellery in Coimbatore, it's almost always set in 18K gold. The higher hardness of 18K gold ensures that diamond prongs and settings don't bend or break easily. 18K white gold is created by alloying gold with silver, palladium, or nickel to give it a silver-white appearance, then typically plated with rhodium for extra brilliance.

Best Areas to Buy Gold in Coimbatore

RS Puram Gold Market

RS Puram (Race Course Road area) is home to some of Coimbatore's most prestigious jewellery shops. GRT (G.R. Thanga Maligai), Lalitha Jewellery, and several Joyalukkas branches operate here. The area attracts upper-middle-class buyers and focuses on high-quality craftsmanship. Making charges tend to be competitive for branded designs.

Big Bazaar Street and Oppanakara Street

The traditional gold market of Coimbatore is concentrated on Big Bazaar Street and Oppanakara Street in the heart of the city near Sakthi Theatre. This area has numerous family-run gold shops that have operated for generations. Prices here can be slightly more negotiable than branded stores, especially for older designs and recycled gold.

Gandhipuram and Town Hall Road

Gandhipuram features multiple chain jeweller showrooms — Kalyan Jewellers, Malabar Gold & Diamonds, Tanishq, and PC Chandra Jewellers have prominent showrooms in this area. These brands offer standardized making charges, transparent billing, and certified BIS hallmarking on all pieces.

Saibaba Colony and Peelamedu

These middle-class residential areas have numerous local jewelers catering to everyday buying needs. Gold coins, small ear studs, chains, and lighter bangles are commonly purchased here. Prices are comparable to other areas as all follow IBJA rates, but making charges and quality of craftsmanship vary significantly between shops.

Making Charges Explained — Why Jewellery Costs More Than Raw Gold

Making charges are the fee for the skilled labor and craftsmanship involved in converting raw gold into wearable jewellery. In Coimbatore, making charges are expressed as either a flat rate per gram (₹100–₹600/gram) or as a percentage of the gold value (8–30%).

• Machine-made chains and simple bangles: ₹100–₹200/gram or 6–10%
• Standard casting jewellery: ₹200–₹350/gram or 10–15%
• Handcrafted traditional designs: ₹350–₹600/gram or 15–25%
• Antique/temple jewellery: ₹500–₹1,000/gram or 25–35%
• Diamond-studded 18K jewellery: Making charge + diamond cost + setting charges (complex pricing)

Always ask for the making charge per gram BEFORE purchasing and verify the total calculation.

BIS Hallmark Guide — How to Verify Your Gold

BIS hallmarking became mandatory for gold jewellery in India from June 2021. Here's how to read a BIS hallmark:

• BIS logo: A triangular mark with "BIS" inside — mandatory on all certified pieces
• Purity mark: 999 (24K), 916 (22K), 875 (21K), 750 (18K), 585 (14K), or 375 (9K)
• Jeweler's mark: A unique code identifying the specific jeweler
• HUID (Hallmark Unique Identification): A 6-character alphanumeric code unique to each jewellery piece — can be verified on the BIS Care app or BIS website

If you're buying gold in Coimbatore and the jeweler cannot provide BIS hallmarked jewellery, it is illegal under the current regulations. Always insist on hallmarked jewellery and verify the HUID using the BIS Care app (available on Android and iOS).

Gold Investment Options in Coimbatore

Physical Gold — Coins and Bars

Available at all reputed Coimbatore jewelers and some banks. 24K gold coins (5g, 10g, 20g) are popular gifts and investments. No making charges — you pay only the gold price + 3% GST. Resale is straightforward but you'll receive IBJA rate (slightly lower than retail price) when selling back.

Sovereign Gold Bond (SGB)

Sovereign Gold Bonds are issued by the Government of India through the Reserve Bank of India. RBI publishes notices for each issue and for premature redemption; check rbi.org.in for the current terms before deciding anything. This page does not give investment advice.

Gold ETF (Exchange Traded Fund)

Gold ETFs track 24K gold price and are listed on NSE/BSE. They offer: no storage concern, digital ownership, can be bought/sold during market hours like stocks, and no GST on purchase (but STT applies). Minimum purchase is 1 unit ≈ 1 gram. Popular options: Nippon Gold ETF, HDFC Gold ETF, SBI Gold ETF.

Digital Gold Platforms

Platforms like Paytm Gold, PhonePe Gold, and MMTC-PAMP allow purchases from ₹1. 24K gold is stored in certified vaults. You can withdraw as physical gold (minimum 0.5g or 1g). Good for regular small purchases (like ₹100–500 per week). However, storage charges may apply after a free period.

Factors Affecting Gold Price in Coimbatore Today

• International Gold Price: Gold is a globally priced commodity. Events in the US, Middle East, China, and global financial markets drive spot price up or down.
• USD/INR Exchange Rate: Since gold is priced in USD internationally, a weaker rupee makes gold more expensive in India even if the international price stays flat.
• RBI Interest Rate Policy: Higher interest rates typically reduce gold demand (investors prefer interest-bearing assets). Lower rates boost gold demand as a store of value.
• Seasonal Indian Demand: Gold demand in India spikes during Diwali, Akshaya Tritiya (April–May), wedding season (November–February), and harvest festivals (Pongal, Onam). This seasonal demand can push Indian prices slightly above international norms.
• Government Import Policy: India imports 80% of its gold needs. Changes in customs duty directly affect prices; check the current rate in the latest Union Budget notification. Budget announcements often impact gold rates.
• Global Uncertainty: Gold is a "safe haven" asset. During wars, pandemics, or financial crises, investors globally buy gold, driving up prices.

Tax on Gold in India — What You Need to Know

• GST: 3% on jewellery purchase price. This is paid by the buyer at the point of sale and shown in the invoice.
• TDS: If you sell gold jewellery/coins worth ₹1 lakh or more to a jeweler, 1% TDS (Tax Deducted at Source) is applicable.
• Capital Gains Tax: Gains on selling gold are taxed under the Income-tax Act, and the holding-period rules and rates have changed in recent budgets. Check the current rules on incometaxindia.gov.in or with a tax professional.
• Wealth Tax: Abolished in India in 2015. You are not taxed for holding gold jewellery.
• Income Tax on Gifted Gold: Gold received as a gift from specified relatives (parents, siblings, spouse, etc.) is fully exempt from income tax regardless of value. Gifts from non-relatives above ₹50,000 in value in a financial year are taxable as income.
• CBDT Gold Holding Limits: The CBDT (Central Board of Direct Taxes) allows tax-free holding of gold jewellery within limits: 500g per married woman, 250g per unmarried woman, 100g per male member. Holdings beyond these limits may be questioned if not explained through inheritance or income sources.

Frequently Asked Questions / அடிக்கடி கேட்கப்படும் கேள்விகள்