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Gold Price in Salem Today: 20 June 2025 (Live Update)
As of today, 20 June 2025, the gold price in Salem remains steady, reflecting a stable trend in both domestic and international markets. The current rates are:
- 24 Carat Gold: ₹10,048 per gram
- 22 Carat Gold: ₹9,210 per gram
- 18 Carat Gold: ₹7,580 per gram
Gold continues to be one of the most trusted forms of investment in India. Especially in cities like Salem, where cultural traditions often drive gold purchases, tracking the daily price is crucial for making well-informed buying decisions. Whether it’s for weddings, festivals, or long-term savings, gold plays a vital role in Tamil households.
Also Read –https://bytethenews.in/stock-market-predictions-for-tomorrow-india-20-june-2025/
Salem Gold Price Trend – Recent Market Analysis
The 22K gold rate in Salem has been ranging between ₹91,000 and ₹91,300 per 10 grams over the last few days. This minor fluctuation indicates a relatively calm phase in the bullion market, especially when compared to the volatility seen earlier in the year due to global inflation concerns and geopolitical tensions.
International gold prices have also remained range-bound this week. The Federal Reserve’s policy stance and crude oil prices are influencing global metal markets, but gold remains resilient. Domestic factors such as the rupee-dollar exchange rate and import duties are also playing a part in determining today’s prices.
Today’s Gold Price (per 8 gram) in Salem – 20 June 2025
- 24K Gold: ₹80,384
- 22K Gold: ₹73,680
- 18K Gold: ₹60,640
Gold Price Today in Major Indian Cities (per gram)
| City | 22K Gold | 24K Gold | 18K Gold |
|---|---|---|---|
| Salem | ₹9,210 | ₹10,048 | ₹7,536 |
| Chennai | ₹9,210 | ₹10,048 | ₹7,536 |
| Delhi | ₹9,225 | ₹10,063 | ₹7,548 |
| Mumbai | ₹9,210 | ₹10,048 | ₹7,536 |
| Hyderabad | ₹9,254 | ₹10,095 | — |
| Coimbatore | ₹9,210 | ₹10,048 | ₹7,536 |
| Jaipur | ₹9,225 | ₹10,063 | ₹7,548 |
| Kerala | ₹9,210 | ₹10,048 | ₹7,536 |
| Lucknow | ₹9,225 | ₹10,063 | ₹7,548 |
Should You Buy Gold Today in Salem ?
If you’re planning to invest in physical gold or jewellery, today’s price levels provide a relatively good entry point. Although global uncertainties exist, gold’s reputation as a hedge against inflation keeps its long-term outlook strong. For those targeting festive or wedding purchases, it’s wise to buy in staggered amounts to average out any short-term price fluctuations.
Additionally, digital gold, sovereign gold bonds (SGBs), and gold ETFs offer alternative ways to invest without handling physical metal. These options are ideal for younger investors or those seeking safe long-term gains with added liquidity and fewer storage concerns.
Taxes & Charges on Gold in India
- 3% GST on the gold value
- 5% GST on jewellery making charges
- Hallmarking cost may also apply
Frequently Asked Questions (FAQs)
1. What is the 22K gold price in Salem today ?
The 22K gold price in Salem on 20 June 2025 is ₹9,210 per gram. This rate reflects a stable market and is especially relevant for buyers looking to purchase gold jewellery, which is commonly made with 22K gold due to its durability and cultural preference in India.
2. What is the price of 24K gold today ?
As of today, the 24K gold rate in Salem is ₹10,048 per gram. This is the purest form of gold (99.9%) and is mainly used for investment in the form of coins, bars, or digital gold. It is not typically used in jewellery because it is too soft for daily wear.
3. How to calculate 22K gold from 24K price ?
To convert 24K to 22K gold price, multiply the 24K rate by 0.916 (which represents 91.6% purity). For instance, if 24K gold is ₹10,000 per gram, the 22K price would be ₹10,000 × 0.916 = ₹9,160. Remember, this does not include making charges or GST.
4. Why does gold price differ from city to city ?
Gold rates vary across Indian cities due to factors like regional demand, transport and insurance costs, dealer commissions, and state-level taxes. For example, you may find slightly cheaper rates in Kerala or Coimbatore compared to cities like Delhi or Mumbai due to local market dynamics.
5. Is now a good time to invest in gold ?
Yes, current gold prices are relatively stable, making it a good opportunity for long-term investment or festive season purchases. Gold remains a trusted hedge against inflation and is ideal for both physical investment and newer formats like digital gold or sovereign gold bonds.