18K Gold Price Trend in Erode This month

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Last 10 days Last 20 days This week This month 2026

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Low: ₹13,039 • High: ₹13,500

Date	Price / g	Change / g
05 March 2026	₹13,039	-₹61 (-0.47%)
04 March 2026	₹13,100	-₹300 (-2.24%)
03 March 2026	₹13,400	₹0 (+0.00%)
02 March 2026	₹13,400	-₹100 (-0.74%)
01 March 2026	₹13,500	+₹200 (+1.50%)

Today’s prices

Updated: 06 Mar 2026, 01:37

22K Gold

₹0 (+0.00%)

₹15,120 / g

10g: ₹1,51,200

24K Gold

₹0 (+0.00%)

₹16,495 / g

10g: ₹1,64,950

18K Gold

₹0 (+0.00%)

₹13,039 / g

10g: ₹1,30,390

Today's Gold Price by Weight

Weight	22K (916)	24K (999)	18K (750)
1 gram	₹15,120	₹16,495	₹13,039
8 grams	₹1,20,960	₹1,31,960	₹1,04,312
10 grams	₹1,51,200	₹1,64,950	₹1,30,390
1 Tola (11.664g)	₹1,76,360	₹1,92,398	₹1,52,087
100 grams	₹15,12,000	₹16,49,500	₹13,03,900

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Gold Investment Guide for Erode

Digital Gold vs Physical Gold

In Erode, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.

Taxation on Gold

Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.

Checklist Before Buying

1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Erode.
3. Ensure the invoice includes the HUID code for buyback assurance.

This month Price Range and Volatility for 18K Gold in Erode

During this This month in Erode, 18K gold prices ranged between ₹13,039 and ₹13,500 per gram. This summary provides Erode residents a clear view of the market direction beyond daily noise.

Erode is Tamil Nadu's textile and turmeric trading hub, with its gold market active near the bus stand and Brough Road. Textile mill owners and commodity traders in Erode have strong gold investment habits. 22K is universally preferred for jewellery. The city's Bhavani Sangameshwarar Temple attracts pilgrims who purchase gold nearby. Gold rates track the Chennai MCX benchmark, with Erode prices often slightly below Chennai due to lower retail overhead.

Live analysis of 18K gold prices This month in Erode. Compare highest and lowest rates reached with daily volatility charts.

Gold Rate in Other Cities

Delhi₹14,945/g Mumbai₹14,930/g Bangalore₹14,930/g Chennai₹15,120/g Hyderabad₹14,930/g Kolkata₹14,930/g Pune₹14,930/g Ahmedabad₹14,935/g

FAQ

How does the This month average compare to last month in Erode?

This This month has seen a 3.54% change compared to the previous cycle in Erode, reflecting current global market shifts.

When was the lowest price recorded in Erode this This month?

The lowest 18K gold price in Erode during this This month was ₹13,039 per gram.

Is it better to buy gold weekly or monthly in Erode?

For small buyers in Erode, weekly SIPs (Systematic Investment Plans) help average out the cost during volatile periods.