Thanjavur or Tanjore or the rice bowl of Tamil Nadu has a rich history and legacy. The legacy is amply visible in temples, royal palaces, paintings, statues, and forts. Many of these temples are certified as UNESCO heritage monuments. Gold, hence, is not just an investment product but has a rich connection with history of the land in Thanjavur.
The Today Gold rates in Thanjavur are sourced directly from jewellers and agencies such as gold associations from Thanjavur directly. Gold rates in Thanjavur are presented in 1 gram, 8 grams, 10 grams and 100 grams on this page to help readers save money on their investment. Sify.com also features analytical tools such as the highest, lowest, weekly and monthly trends besides analysis and news to help gold buyers from Thanjavur and nearby towns. Kumbakonam, Thiruvaiyaru, Papanasam, Perumandi and Thanjavur are the prominent cities in the district and the gold-rates mentioned on this page are valid for the entire district. Rates mentioned are exclusive of GST and making charges.
Gold popularity in Thanjavur?
For tourists, jewellery-arts and collectibles such as the regular Tanjore art collections are a great souvenir or collectible. This is natural given the legacy of Thanjavur - it was the land of dynasties such as Pandyas, Cholas, Nayaks, Thanjavur Marathas and British Empire. Also, Thanjavur remains one among the arts centre of Tamil Nadu for its contribution to Thanjavur style Bharathanatyam. The Brihadeeswarar Temple observes special programs every year commemorating this rich style. The Thanjavur paintings and Thyagaraja Aradhanai music festivals are also venerated in the district. Equally-popular in Thanjavur are the Thanjavur Bommais and the lush palaces. This art land, no wonder has a sacred place when it comes to jewellery and artwork. Filigree, temple motifs, figurines of deities such as Krishna, Shiva, Ambal, Devi, Pillaiyar (Ganapati), are a hit with the brides to be.
What works for tourists and visitors to Thanjavur may not essentially work with locals. For the residents in Thanjavur, gold investment schemes and jewellery is preferred. The intention to invest in gold bonds is high in Thanjavur.
24-Karat Gold rate change in Thanjavur:
Gold rates in Thanjavur can change at least twice in a day. The international standards have a major say in the rates. Gold needed for jewellery making has to be imported. As on date, gold mines in India do not yield any meaningful amount of gold ore. The international factors that decide the rates includes the rate of Gold in troy ounce (decided during international benchmark auction), rate of Gold in spot and futures markets, parity of currency such as US Dollar and Indian Rupee.
22-Karat Gold rate change in Thanjavur:
Across India, gold rates can change quite often, sometimes 2-3 times within a day. Add to this, several jewellers, including the leading ones, have ways and means to price their gold rates. While the base rate of Gold remains more or less constant, other factors such as making charge, wastage, melting charges, refiner margins etc can change at jeweller within the same locality. You will be surprised to know that jewelry shops adjacent to each other within Thanjavur or Kumbakonam can have a price difference of Rs 15 to 20 per gram.
The changes in impurities added (Platinum, Palladium, Silver, Nickel, Aluminium, Iron) along with changes in transportation, logistics, expenses incurred on security, changes in business operations, and finally the margins are responsible for the difference in jewellery rates in Thanjavur and adjacent cities.
Where can I find trustworthy and popular jewellers in Thanjavur?
Mostly jewellers and goldsmiths have their shops or Kadais adjacent to popular Agraharams or Kovils (temples) in and around the city. The South Rampart Road near the Brihadeeswara temple is flush with jewellers in Thanjavore. Among prominent names here, one can find Kalyan Jewellers, Tanishq, Joyalukkas, GRT Jewellers, Jos Alukkas, and Malabar Gold and Diamonds.
Jewellers can also be found at Anna Nagar in Kumbakonam. The Trichy headquartered Gopaldas & Co that established in 1929 has a branch in Kumbakonam. Local guides claim that the KG Sarangapani jewellery store at TSR Big Bazaar street near Valyapettai Agraharam locality in Kumbakonam has a legacy of several generations.
Why subscribe to authentic rates:
In these days of market-competition and digitization, investment in Gold or bullion can safeguard hard-earned money from inflation. It is advised that each individual building a financial portfolio can allocate 10 to 15 percent of his or her savings in gold and gold-backed assets. The gold rates in Thanjavur is a way to enable customers access the latest and authentic gold rates. Having the latest and authentic rates can help buyers plan and even negotiate when it comes to buying and selling of gold and jewellery. Knowing the latest rate also helps during a gold loan. Bookmark this page or download Sify Gold rates app to find out the latest and most accurate gold rates in prominent cities across India. Sify also tracks the gold rates minutely and features news and analysis from industry veterans to guide readers.
Disclaimer: Sify.com showcases news, analysis and gold rates with the sole objective of financial prosperity for all. The rates mentioned may vary within the same city and readers are hence advised to consult with a registered financial advisor. For any complaints, feedback, opinions or to share experiences write to firstname.lastname@example.org with the subject – Gold / Bullion.