Gold Price in Salem Today – 5 June 2025
As of June 5, 2025, the gold market in Salem has shown a modest increase from the previous day. Gold remains a favored investment due to its cultural value and role as a safe-haven asset. Today’s gold rates in Salem for different purities are listed below:
Why Gold is a Preferred Investment in Salem
Gold is a core part of investment strategies in Salem, appreciated for both its cultural relevance and financial stability. It offers protection against inflation, global tension, and currency risks. In 2025, investors—both seasoned and new—are showing strong interest in gold.
Latest Gold Rates in Salem (Per 8 Grams)
- 24K Gold: ₹79,680
- 22K Gold: ₹73,040
- 18K Gold: ₹60,080
Gold Prices in Salem (Per Gram)
- 24K Gold: ₹9,960
- 22K Gold: ₹9,130
- 18K Gold: ₹7,510
These prices reflect stable demand in Salem and align with broader market trends across India.
Also Read :- https://bytethenews.in/nifty-prediction-for-tomorrow-by-experts-5-june-2025/
Gold Rates in Major Indian Cities – 5 June 2025
| City | 24K Gold (₹/g) | 22K Gold (₹/g) | 18K Gold (₹/g) |
|---|---|---|---|
| Salem | ₹9,960 | ₹9,130 | ₹7,510 |
| Chennai | ₹9,960 | ₹9,130 | ₹7,510 |
| Delhi | ₹9,975 | ₹9,145 | ₹7,483 |
| Mumbai | ₹9,960 | ₹9,130 | ₹7,510 |
| Hyderabad | ₹9,960 | ₹9,130 | ₹7,510 |
| Kerala | ₹9,960 | ₹9,130 | ₹7,510 |
Smart Tips Before You Buy Gold
- Always verify BIS Hallmark: Ensures gold purity and authenticity.
- Compare making charges: Different jewellers may quote varying charges—compare before buying.
- Track daily gold rates: Use sources like GoodReturns or official government portals for up-to-date pricing.
Modern Ways to Invest in Gold
- Digital Gold: Buy gold online in fractional amounts; it’s securely stored and redeemable as jewellery.
- Gold ETFs: Traded on stock exchanges with high liquidity and transparency.
- Sovereign Gold Bonds (SGBs): Government-issued bonds that pay interest and are linked to gold prices.
Is It a Good Time to Invest in Gold ?
With global uncertainties still at play, gold continues to act as a reliable hedge. The current pricing environment makes it a viable investment, especially for long-term goals, festivals, and weddings. Experts suggest allocating 10–15% of your portfolio to gold.
1. What is the gold price today in Salem for 22K gold ?
As of June 5, 2025, the 22K gold rate in Salem is ₹9,130 per gram.
2. How to calculate 22K gold from 24K ?
Multiply the 24K rate by 0.916 (since 22K gold is 91.6% pure). For example: ₹9,960 × 0.916 = ₹9,130.
3. What taxes are applicable when buying gold ?
- 3% GST on the gold value
- 5% GST on making charges
4. Which city offers the lowest gold price ?
Kerala usually has competitive gold rates due to high consumer demand and strong jeweller competition. Internationally, UAE, Saudi Arabia, and Hong Kong offer low-tariff gold prices.
Personal View
The gold market in Salem is currently strong and favorable for buyers. Whether you’re looking to buy jewellery or invest digitally, June 2025 offers a solid window for entry. Just ensure you track prices, check for purity, and buy from reputable sellers for a smart investment.