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Gold Price in Salem Today: 31 May 2025
As of today, the gold rate in Salem is trading at ₹9,732 per gram for 24 carat gold, ₹8,921 per gram for 22 carat gold, and ₹7,346 per gram for 18 carat gold. These prices reflect the latest trends influenced by both domestic and global economic indicators. As gold continues to serve as a hedge against inflation and currency volatility, many investors and buyers in Salem are keenly monitoring gold prices on a daily basis. Compared to yesterday’s rates, the prices have seen a slight upward movement due to fluctuations in the international gold market and the dollar-rupee exchange rate.
Gold Rate Today (per gram) in Salem – 31 May 2025
- 22K Gold /g: ₹8,921
- 24K Gold /g: ₹9,732
- 18K Gold /g: ₹7,346
Gold Rate Today (per 8 gram) in Salem – 31 May 2025
- 22K Gold /8g: ₹71,368
- 24K Gold /8g: ₹77,856
- 18K Gold /8g: ₹58,768
Also Read :-https://bytethenews.in/stock-market-predictions-for-tomorrow-india-by-experts-2-june-2025/
Gold prices in India are typically determined by a combination of international market trends and domestic factors such as demand, import duty, and currency exchange rates. In Salem, local market variations and regional demand can also impact the retail price of gold. Notably, gold is not just a precious metal used for ornaments but also an essential investment instrument for millions of households and investors across the country.
If you’re planning to buy gold jewellery or invest in gold, it’s important to compare rates across different cities. Here’s a snapshot of gold prices across major Indian cities for 31 May 2025:
| City | 22K Gold (₹/gram) | 24K Gold (₹/gram) | 18K Gold (₹/gram) |
|---|---|---|---|
| Salem | ₹8,921 | ₹9,732 | ₹7,346 |
| Chennai | ₹8,920 | ₹9,731 | ₹7,345 |
| Delhi | ₹8,935 | ₹9,746 | ₹7,311 |
| Mumbai | ₹8,920 | ₹9,731 | ₹7,299 |
| Kolkata | ₹8,920 | ₹9,731 | ₹7,299 |
| Bangalore | ₹8,920 | ₹9,731 | ₹7,299 |
| Hyderabad | ₹8,920 | ₹9,731 | ₹7,299 |
| Kerala | ₹8,920 | ₹9,732 | ₹7,298 |
| Pune | ₹8,920 | ₹9,731 | ₹7,299 |
| Ahmedabad | ₹8,920 | ₹9,731 | ₹7,299 |
| Jaipur | ₹8,935 | ₹9,746 | ₹7,311 |
| Lucknow | ₹8,935 | ₹9,746 | ₹7,311 |
| Coimbatore | ₹8,921 | ₹9,732 | ₹7,346 |
| Madurai | ₹8,921 | ₹9,732 | ₹7,346 |
| Vijayawada | ₹8,920 | ₹9,731 | ₹7,299 |
| Patna | ₹8,920 | ₹9,731 | ₹7,299 |
| Chandigarh | ₹8,935 | ₹9,746 | ₹7,311 |
| Surat | ₹8,920 | ₹9,731 | ₹7,299 |
1. What is the price of 22-carat gold in Ghaziabad today ?
As of May 31, 2025, the price of 22-carat gold in Ghaziabad is ₹8,935 per gram.
2. What is the price of 22K gold today in Delhi ?
On May 31, 2025, the price of 22K gold in Delhi stands at ₹8,935 per gram.
3. How to calculate the price of 22-carat gold ?
To calculate the price of 22-carat gold, follow these steps:
- Check the current market rate for 24-carat gold per gram.
- Multiply that rate by 0.916 (as 22K is 91.6% pure gold).
- Add applicable making charges and GST.
For example, if the 24K rate is ₹10,000/g, then 22K = ₹10,000 × 0.916 = ₹9,160 (+ charges).
4. What is the GST on gold?
- 3% GST is levied on the gold value.
- 5% GST is applicable on the making charges of gold jewellery.
5. Where is gold the cheapest?
Gold tends to be cheapest in regions with lower taxes and high competition. In India, Kerala often has slightly lower gold prices due to strong competition among jewellers. Internationally, countries like Dubai, Saudi Arabia, and Singapore are known for affordable gold rates thanks to low import duties and tax benefits.