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Should i Buy Hallmarked 22 Karat 916 Gold in Chennai

Whether you are buying jewellery for yourself or to gift to someone, it is important to ensure that it is hallmarked. The Bureau of Indian Standards (BIS) hallmark guarantees the quality and purity of gold jewellery in India. Therefore, when shopping for gold jewellery in Chennai, it is important to look out for the BIS […]

Selling Old Gold Vs Gold Loan. Which is Better?

When it comes to choosing between selling old gold and taking a gold loan, the answer to which is better may depend on your personal financial situation. There are pros and cons to both options. Selling old gold is typically more advantageous to those who need to generate a lump sum of money for an […]

Is it good to Sell Old Gold?

If you have old unused gold in Chennai, you have a number of options to choose from. The first and foremost is to give it to the jeweller to make new jewellery or to sell it. We strongly suggest that selling your gold is more advantageous for various reasons. Primarily, selling your gold allows you […]

Rules and Regulations for Importing Gold in Chennai

Importing gold to Chennai requires careful consideration of certain rules and regulations. According to present guidelines, If you are planning to import gold to Chennai, then it is advisable to seek professional advice before taking any steps further. A professsional can help to ensure that all the necessary rules are being followed and you get […]

Influence of Local Factors in Gold Rate

When it comes to todays gold rate in Chennai, there are a number of factors to consider before making a purchase. Local government tariffs and duties can have an effect on the price, so it’s important to research and compare local prices to ensure that you get the best deal. Additionally, attempting to time the […]

Is Government Policies Affect Gold Prices?

The todays gold rate in Chennai has seen a drastic change due to the added Goods and Services Tax (GST). The GST has imposed a making charge of 5 per cent on gold, while also subjecting it to a 3 per cent tax. This alteration to the rate structure has made the gold rates in […]

Is High and Low Demand Affect Gold Rate?

Today’s gold rate in Chennai is based on the demand for the precious metal. If there is less demand for gold, prices tend to go down; conversely, when there is more demand for gold, prices tend to rise. This level of demand has been influenced by a number of factors, such as international political and […]

Is it Interest Rates affect Gold rate?

The todays gold rate in Chennai is affected by several factors, including global economic and political events as well as the ever-changing interest rates. When interest rates in developed countries rise, investors tend to sell gold to purchase fixed yielding instruments. This shift from investments in gold to other yield-bearing assets weakens the demand for […]

How is Today’s Gold rate in Chennai 22k 916 Fixed?

The todays gold rate in Chennai is determined by a variety of factors. The primary ones include the international demand for gold, changes in investor sentiment towards the metal and domestic inflation levels. Changes to the global supply and demand for gold will directly influence its price in Chennai. In addition to this, the Indian […]

How gold rate calculated?

The gold rate is calculated based on the spot price of gold, which is set by market forces such as supply and demand. The spot price reflects the current value of gold, and is constantly changing. To calculate the gold rate, the spot price is multiplied by a certain weight (e.g. 1 gram or 10 […]