Today Gold Rate in Erode is Rs. 50,950.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Erode is a very famous city located in the states of Tamil Nadu. The city is famous for its coconut market and is also the largest producer of turmeric in India. It is a land of lot of religious places and temples and thus attracts thousands of devotees and people throughout the country. It has a booming textile and agriculture industry that provides good employment opportunities to majority of the population of the town. Because of this, they have a good purchasing power even to buy precious metals like gold.
People of Erode have a special connection for gold. The consumption of gold in Erode is very high as compared to rest of the state. People willingly invest into gold as it is a very good investment option in India. Like many other cities of the country, gold has a promising demand in Erode as well. The city has a promising number of gold jewellers spread across as the demand of gold in Erode is really high.