Where This Rate Comes From
This page converts the live international gold and silver spot price into Indian Rupees per gram, using the current USD to INR exchange rate at the time of the update. It is meant as a quick, India-wide reference point for the underlying metal price on a given day, refreshed roughly every 45 minutes. It is not a shop-specific quote: it does not include a jeweller's making charges, wastage, GST, or local margin, all of which vary by city and by store.
22K vs 24K Gold, In Plain Terms
24K gold is nearly pure (about 99.9%) and is the form used for investment bars and coins because purity, not durability, is what matters there. 22K gold is about 91.6% pure gold alloyed with small amounts of other metals like copper or zinc, which makes it noticeably more durable for everyday jewellery. That's why almost all gold jewellery sold across India, including in Coimbatore, is priced and hallmarked at 22K rather than 24K.
How To Use This Page Before Buying
Treat the number above as your starting point, not your final price. When you visit a jeweller, ask for the day's rate they are quoting per gram, then compare it against this page's live figure from around the same time. A small gap is normal, since it reflects each store's own margin and making charges; a large, unexplained gap is worth a direct question before you commit to a purchase.
Frequently Asked Questions
How is the gold rate on this page calculated?
We convert the live international gold spot price (per troy ounce) to Indian Rupees per gram using the current USD to INR exchange rate, then compute both 22K and 24K per-gram and per-10-gram figures. When a live source is temporarily unavailable, we show a clearly labelled configured reference rate instead of an outdated number.
Is this the exact price a jeweller in Coimbatore will charge?
No. Jewellers add making charges, GST, and their own margin on top of the base metal rate, and rates can vary between shops on the same day. Use this page as a quick reference for the underlying metal price, then confirm the final quote with the jeweller before you buy.
What is the difference between 22K and 24K gold rate?
24K gold is close to 99.9% pure and is mainly used for investment-grade bars and coins. 22K gold is about 91.6% pure, alloyed with other metals for durability, and is the standard purity used for most gold jewellery sold in India.
How often does the rate on this page update?
The rate refreshes from our price sources roughly every 45 minutes during the day. The exact time of the last update is shown above the rate table.
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