18K Gold Price Trend in Salem This week

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Trend graph
Low: ₹13,039High: ₹13,400
₹13,454₹13,337₹13,220₹13,102₹12,98502 March 202605 March 2026
DatePrice / gChange / 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%)

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

Weight22K (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 Salem

Digital Gold vs Physical Gold
In Salem, 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 Salem.
3. Ensure the invoice includes the HUID code for buyback assurance.

This week Price Range and Volatility for 18K Gold in Salem

During this This week in Salem, 18K gold prices ranged between ₹13,039 and ₹13,400 per gram. This summary provides Salem residents a clear view of the market direction beyond daily noise.

Salem is one of Tamil Nadu's most important interior gold markets, with a dense jewellery cluster on Bazaar Road and Shevapet area. Salem serves as a wholesale hub for smaller towns across the Kongu Nadu region (Erode, Namakkal, Dharapuram). The steel industry and textile sector create a prosperous business class that invests heavily in gold. 22K is overwhelmingly preferred. Traditional Tamil mango mala (Manga Mala) and long necklace designs are popular. Gold rates in Salem follow the Chennai MCX benchmark.

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

Gold Rate in Other Cities

FAQ

How does the This week average compare to last month in Salem?

This This week has seen a 2.77% change compared to the previous cycle in Salem, reflecting current global market shifts.

When was the lowest price recorded in Salem this This week?

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

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

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