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Gold Price in Salem Today – 23 June 2025 (Live Update)
The gold price in Salem today, 23 June 2025, has seen a slight dip compared to earlier this week. Gold remains a prime choice for both cultural purchases and investments. Whether you’re eyeing jewellery, coins, or digital assets, staying updated on live rates is key. Here’s the latest on 24K, 22K, and 18K gold rates in Salem, along with market insights, comparisons, and buying tips.
Gold Rate in Salem Today (23 June 2025)
- 24K Gold (1 gram): ₹10,069 (↓ ₹6)
- 22K Gold (1 gram): ₹9,230 (↓ ₹5)
- 18K Gold (1 gram): ₹7,600 (no change)
Today’s slight decline reflects softer international bullion prices and a steadier rupee.
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What’s Driving Today’s Price Change ?
- Global Bullion Update: A dip in international rates, partly due to easing investor jitters post-recent geopolitical tensions.
- Rupee Movement: The domestic currency has stabilised, reducing import premiums.
- Safe‑Haven Demand: Ongoing inflation concerns still support consistent gold interest.
- Local Demand: Buyers in Salem are waiting for a healthier dip to enter the market.
Gold Rate Comparison – Salem vs Other Cities (23 June 2025)
| City | 24K (₹) | 22K (₹) | 18K (₹) |
|---|---|---|---|
| Salem | 10,069 | 9,230 | 7,600 |
| Delhi | 10,084 | 9,245 | 7,564 |
| Chennai | 10,069 | 9,230 | 7,600 |
| Mumbai | 10,069 | 9,230 | 7,600 |
Recent Price Trend in Salem
- 21 June: ₹10,075 (24K), ₹9,235 (22K), ₹7,600 (18K)
- 22 June: ₹10,075 (24K), ₹9,235 (22K), ₹7,600 (18K)
- 23 June: ₹10,069 (24K), ₹9,230 (22K), ₹7,600 (18K)
Is Today a Good Time to Buy Gold in Salem ?
Yes, with prices easing from this week’s highs, now’s an attractive moment for both short‑term buyers and long‑term investors.
Top Tips for Buying Gold in Salem
- Always insist on **BIS‑hallmarked gold** to ensure purity.
- Compare **making charges** at multiple jewellers before locking in.
- Trust reputable brands like Tanishq, Malabar, and Kalyan Jewellers.
- Request a detailed invoice showing weight, purity, making charges, and GST.
- Use **real‑time gold tracking apps** before heading to the store.
Best Ways to Invest in Gold in 2025
- Digital Gold: Buy safely in small quantities via Paytm, PhonePe, or GPay.
- Gold ETFs: Trade easily through your stock broker.
- Sovereign Gold Bonds (SGBs): Offers interest and tax benefits—ideal for long-term holding.
- Physical Gold: Bars and coins remain popular for gifting and savings.
Frequently Asked Questions (FAQs)
1. What is the price of 10 grams of 22K gold in Salem today ?
₹92,300 (₹9,230 × 10 grams) as of 23 June 2025.
2. Why did gold prices dip today ?
Softening global bullion rates and a stable domestic currency led to a mild drop.
3. Is gold cheaper in Salem than in other metros ?
Rates in Salem are on par or slightly lower than metro cities like Delhi and Mumbai.
4. Should I buy gold today ?
If you’re looking for a stable entry for long-term holding, today presents a good opportunity.
5. Which method is best for gold investment in 2025 ?
For safety, liquidity, and tax efficiency, **Sovereign Gold Bonds** and **Gold ETFs** are top picks.
Disclaimer: Rates are sourced from GoodReturns and are indicative. Actual prices may vary depending on the jeweller, GST, and TCS. Confirm with your local store before purchasing.