Today Gold Rate in Salem is Rs. 47,320.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
When it comes to loyal gold customer, the southern part of India surely tops the list. Reports suggest that as much as 40% of gold consumption in India happens in the four-southern state of Tamil Nadu i.e., Kerala, Andhra Pradesh. Tamil Nadu and Karnataka. Salem, which is a district in Tamil Nadu, follows similar trends when it comes to consumption of gold in India.
The district of Salem offers great opportunity for local residents of the district as well as the neighbouring cities to buy and invest in various types of gold commodities like jewelleries, ornaments, gold coins and bullion. Due to rich heritage and cultural background, this city boasts high density of gold purchases and consumption throughout the year. People of Salem are not afraid of investing their money in gold since it is one of the safest and reliable avenues. Also, gold is not used only in festivals, religious ceremonies and parties but also in case of any financial unforeseen crises.