
Today Gold Rate in Vellore is Rs. 50,344.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Today Gold Rate in Vellore is Rs. 50,344.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Vellore is the administrative headquarter of the Vellore district and located in the southern state of Tamil Nadu. Over the period of time, Vellore had been ruled by several dynasties as well as by British, enriching and diversifying its cultural heritage. The city is a home to several tourist attractions like Vellore fort, museum, temples, and cathedrals. It is the prominent destination for education in India and home of two top educational institutions, The Christian Medical College and Hospital and VIT University. Apart from that, several other pioneering institutions of medicine and technology are established in Vellore. The economy revolves around educational institutions, Christian Medical College and other health institutions, leather export, tourism and several small industries and agriculture.
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Being culturally rich, people here has more inclination towards gold. Gold being the essence of South India, Vellore is no exception and has a major demand for gold as commodity. Different celebrities are engaged as brand ambassadors and several national and local jewellers dominate the gold market in Vellore. With advancement of e-commerce, people also buy gold from online shops which give very competitive rates and beautiful designs.
Gold price varies from one city to another as well as from one day to the next. But, the most important factor that determines the gold price on a particular day is the quality standard, the percentage purity of the yellow metal. Gold is valued tremendously over other pricy metals and the imbalance between demand and supply of gold. These factors keep the rate always higher in India as compared to other countries in the world.
24 carat gold is the purest form of gold with no adulteration. It is 100% gold. Generally the gold that is used for jewellery purpose is 22 carat, 18 carat, 14 carat and so on. Pricing is based on the carat value.
BIS Hallmark is the certification on your gold purchase that indicates the purity and the standard of your gold jewellery. The Indian Government recognises this certification of gold authenticity. Bureau of Indian Standards (BIS) checks every jewellery for verification of the declared standard. Any deviation leads to loss of business license of the jeweller. The fineness is defined by BIS corresponds to carat value of the gold. For example, BIS Fineness 916 relates to 22 carat gold.
Gold Price Trend in December 2020 | |
Trend | 24 Karat Gold (Rs/10gm) |
Rate on 01-December-2020 | 48,188.00 |
Rate on 31-December-2020 | 50,007.00 |
Highest Rate | 50,391.00 |
Lowest Rate | 48,179.00 |
Month Performance | Decline |
% Change | -3.77 % |
Gold Price Trend in November 2020 | |
Trend | 24 Karat Gold (Rs/10gm) |
Rate on 01-November-2020 | 50,857.00 |
Rate on 30-November-2020 | 48,796.00 |
Highest Rate | 51,970.00 |
Lowest Rate | 48,796.00 |
Month Performance | Rising |
% Change | 4.05 % |
Gold Price Trend in October 2020 | |
Trend | 24 Karat Gold (Rs/10gm) |
Rate on 01-October-2020 | 50,509.00 |
Rate on 31-October-2020 | 50,672.00 |
Highest Rate | 51,387.00 |
Lowest Rate | 50,272.00 |
Month Performance | Decline |
% Change | -0.32 % |
Gold Price Trend in September 2020 | |
Trend | 24 Karat Gold (Rs/10gm) |
Rate on 18-September-2020 | 51,726.00 |
Rate on 30-September-2020 | 50,268.00 |
Highest Rate | 51,924.00 |
Lowest Rate | 49,747.00 |
Month Performance | Rising |
% Change | 2.82 % |