Tirunelveli or Nellai popular in South India for its Halwa is the sixth largest district of Tamil Nadu. The district has a growing number of gold-jewellery buyers and investors. The Today Gold rates in Tirunelveli are sourced directly from jewellers and agencies within the district. Gold rates for Tirunelveli are presented in 1 gram, 8 grams, 10 grams and 100 grams to help readers reap benefits on their investment. To help gold jewellers and prospective customers, Sify.com also features analytical tools such as weekly rates, monthly rates and highest and lowest rates. The rates mentioned on this page are valid across the district of Tirunelveli. Rates can be similar for towns and villags in Tenkasi district. These rates are exclusive of GST and making charges.
Gold rate Changes in Tirunelveli:
Gold rates in Tirunelveli can change at least twice in a day, although many jewellers are likely to quote a single rate through the day. Across India, gold-rate changes quite often. In Tirunelveli too, gold rates usually change by a margin of a few rupees per gram. Sify.com tracks gold rates for 22 and 24 Karat gold across India.
Gold rates for 24 Karat in Tirunelveli is usually fixed in accordance with standards such as international rate, USD-INR fluctuations, margins and logistics costs. Usually, the rates of 24 Karat gold are used to calculate rates for 916 or 22-karat gold. Other factors such as making charge, wastage, melting charges, refiner margins etc are also tallied to arrive at the final price by a jeweller. 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 Tirunelveli.
Popular Gold investment schemes in Tirunelveli
Investors in Tirunelveli are educated enough to understand the difference between various schemes, gold bonds and physical gold. While physical gold and ETFs are popular among experienced investors, the younger investors prefer Sovereign Gold Bonds. The practice of investing in regular monthly jewellery schemes is also practiced by many in the district. If you are looking to investing in bullion or any investment schemes, we would recommend you to follow Sify Gold rates to gain real-time insights on movement of Gold and latest gold investment updates.
Where can I find trustworthy and popular jewellers in Tirunelveli?
You will find several jewellers at Thirunagar, especially, Swami Nellaiappar high road. Adjacent to the Tenkasi-Tirunelveli road are popular showrooms of Joyalukkas, Khazana Jewellery, Malabar Gold, Kalyan Jewellers, and Jos Alukkas. Not very far is the West Car Street housing some of the local names such as Koteesvaran Jewellers, VS Jewellery, Ameer Diamonds, and Kasi Jewellers. Online reviews for the N Car Street based Sivagami Jewellery Shop is positive and should be on your list of shopping avenues in Tirunelveli town.
An equal number of jewellers can also be found in Tenkasi district. The nearly 20 jewellers in the Tenkasi are located near Sengottai road and Swamy Sannathi Street.
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 Tirunelveli 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 you
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.