Gold Rate in Trichy

Today Gold Rate per Gram in Trichy

Selling gold requires you to be aware of the current gold rate per gram in Trichy. Since the prices are dynamic, researching the rates on the day of the transaction is imperative

Please reach out to the customer care executive at our branch office to get the gold rate for today.

Historical Price of Gold Rate in Trichy

Customers in Trichy have invested in Gold for generations. Gold continues to be one of the most precious forms of investment and saving. The market conditions impacted the old gold rate in Trichy as they continue to do so, today.  Our representatives can help you calculate the price of 10 carat, 14 carat, 18 carat, 20 carat and 22 carat gold in Trichy.

Factors Affecting Gold Rate in Trichy ?

The price of gold in Trichy, whether 18k, 20k, 22k, or 24k gold, is subject to change every day. Multiple domestic and international factors such as taxes, economic conditions, crude oil prices affect the gold rate in Trichy.

Here are some of them:

1. Inflation: Market fluctuations are the primary factors that decide the gold price in Trichy. As the demand increases, the price of gold in Trichy, like the rest of India, rises according to the rate of inflation.
2. Gold Reserves: The Reserve Bank of India holds gold reserves in India. An influx in the reserves indicates a rise in cash flow in the domestic market. This affects the price of gold in Trichy significantly.
3. Gold market: People in India have traditionally been investing in gold through jewellery. The demand for gold shifts greatly during the year, especially during the wedding season. For example, when the demand for gold is high due to the approaching season, the price of gold rises proportionately.

How to Sell Old Gold Jewelry for Cash in Trichy ?

Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery with Muthoot Gold Point involves the following steps:

Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.

Step 2: The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.

Step 3: The value, weight and purity of gold are checked on XRF machines before the customer.

Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold in Trichy.

Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.