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Gold Price in Salem Today: 23 May 2025
As of today, the gold rate in Salem stands at ₹9,792 per gram for 24 carat gold, ₹8,976 per gram for 22 carat, and around ₹7,396 per gram for 18 carat gold. These current prices are considered attractive for those looking to invest in gold, especially during market dips.
In recent weeks, 22 carat gold prices in Salem have been fluctuating between ₹89,000 to ₹90,000 per 10 grams, a trend that’s consistent across most cities in Tamil Nadu. This suggests a relatively stable gold market, with no significant upward or downward spikes.
On the global front, international gold rates have remained range-bound without a clear direction, which is helping maintain price stability across Indian cities. For buyers in Salem, this could be a smart time to watch the market and make strategic purchases, particularly for long-term investment or upcoming events like weddings and festivals.
| Gold Purity | Weight | Price (INR) |
|---|---|---|
| 22 Carat | 8 grams | ₹71,808 |
| 24 Carat | 8 grams | ₹78,336 |
| 18 Carat | 8 grams | ₹59,168 |
Gold Rate Today (per gram) in Salem – 23 May 2025
- 22K Gold /g: ₹8,976
- 24K Gold /g: ₹9,792
- 18K Gold /g: ₹7,396
| City | 22K Gold (₹/gram) | 24K Gold (₹/gram) | 18K Gold (₹/gram) |
|---|---|---|---|
| Chennai | ₹8,976 | ₹9,792 | ₹7,396 |
| Mumbai | ₹8,976 | ₹9,792 | ₹7,345 |
| Delhi | ₹8,991 | ₹9,807 | ₹7,357 |
| Kolkata | ₹8,976 | ₹9,792 | ₹7,345 |
| Bangalore | ₹8,976 | ₹9,792 | ₹7,345 |
| Hyderabad | ₹8,976 | ₹9,792 | ₹7,345 |
| Kerala | ₹8,976 | ₹9,792 | ₹7,345 |
| Pune | ₹8,976 | ₹9,792 | ₹7,345 |
| Vadodara | ₹8,981 | ₹9,797 | ₹7,349 |
| Ahmedabad | ₹8,981 | ₹9,797 | ₹7,349 |
| Jaipur | ₹8,991 | ₹9,807 | ₹7,357 |
| Lucknow | ₹8,991 | ₹9,807 | ₹7,357 |
| Coimbatore | ₹8,976 | ₹9,792 | ₹7,396 |
| Madurai | ₹8,976 | ₹9,792 | ₹7,396 |
| Vijayawada | ₹8,976 | ₹9,792 | ₹7,345 |
| Patna | ₹8,981 | ₹9,797 | ₹7,349 |
| Nagpur | ₹8,976 | ₹9,792 | ₹7,345 |
| Chandigarh | ₹8,991 | ₹9,807 | ₹7,357 |
| Surat | ₹8,981 | ₹9,797 | ₹7,349 |
| Bhubaneswar | ₹8,976 | ₹9,792 | ₹7,345 |
1. What is the price of 22-carat gold in Ghaziabad today ?
As of May 23, 2025, the price of 22-carat gold in Ghaziabad is ₹8,991 per gram. This reflects an increase of ₹1 from the previous day’s rate.
2. What is the price of 22K gold today in Delhi ?
On May 23, 2025, the price of 22K gold in Delhi stands at ₹8,991 per gram, marking a rise of ₹1 compared to the previous day.
3. How to calculate the price of 22-carat gold ?
To calculate the price of 22-carat gold:
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Determine the current market rate for pure 24-carat gold per gram.
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Calculate the 22-carat equivalent by multiplying the 24-carat rate by 0.916 (since 22K gold is 91.6% pure).
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Add applicable charges, such as making charges and taxes (e.g., GST).
For example, if the 24K gold rate is ₹10,000 per gram:
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22K gold price = ₹10,000 × 0.916 = ₹9,160
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Add making charges and GST as applicable.
4. What is the GST on gold ?
In India, the Goods and Services Tax (GST) on gold is structured as follows:
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3% GST is levied on the value of gold.
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5% GST is applied to the making charges of gold jewellery.
These rates are applicable to both physical and digital gold purchases.
5. Where is gold the cheapest ?
Gold prices can vary across different regions due to factors like local taxes, demand, and market dynamics. In India, Kerala is often noted for offering comparatively lower gold prices, attributed to its high consumption and competitive market. Internationally, countries like Switzerland, Saudi Arabia, and Hong Kong.