Today's Gold rate in GRT Chennai is ₹5,608 per gram. This esteemed value signifies the current price of 22 Carat gold at GRT Chennai, also commonly known as 916 KDM gold. In our pursuit of comprehensive knowledge, we shall explore the diverse varieties of gold available in the market, focusing on the three most alluring options: 24 carat gold, 22 carat gold, and 18 carat gold. Additionally, we will delve into their respective prices, demand dynamics, and the methodologies employed to calculate their rates.
If you're a gold enthusiast looking to buy gold jewellery,
staying informed about the current gold rates is essential. In this
blog post, we'll provide you with the most up-to-date information on
the "Today gold rate in GRT Jewellery." Knowing the current price
can help you make informed decisions and ensure you get the best
value for your investment. As of today, the gold rate at GRT
Jewellery stands at Rs. 5495 per gram.
Today Gold Rate in GRT Jewellers - Chennai, 22K:
| 22 Carat Gold Rate in GRT | 1gm Rate in GRT | 8gm Rate in GRT | 10 gm Rate in GRT |
|---|---|---|---|
| 22 Carat Gold Rate Today (6 Aug 2023) in GRT Chennai | ₹5623 | ₹44984 | ₹56230 |
| 22 Carat Gold Rate Yesterday (5 Aug 2023) in GRT Chennai | ₹5623 | ₹44984 | ₹56230 |
Today Gold Rate in GRT Jewellers - Chennai, 24K:
| 24 Carat Gold Rate in GRT | 1gm Rate in GRT | 8gm in GRT | 10 gm Rate in GRT |
|---|---|---|---|
| 24 Carat Gold Rate Today (6 Aug 2023) in GRT Chennai | ₹6134 | ₹49072 | ₹61340 |
| 24 Carat Gold Rate Yesterday (5 Aug 2023) in GRT Chennai | ₹6134 | ₹49072 | ₹61340 |
Today Gold Rate in GRT Jewellers - Chennai, 18K:
| 18 Carat Gold Rate in GRT | 1gm Rate in GRT | 8gm in GRT | 10 gm Rate in GRT |
|---|---|---|---|
| 18 Carat Gold Rate Today (6 Aug 2023) in GRT Chennai | ₹4601 | ₹36808 | ₹46010 |
| 18 Carat Gold Rate Yesterday (5 Aug 2023) in GRT Chennai | ₹4601 | ₹36808 | ₹46010 |
Today Gold Rate in GRT Jewellers - Chennai, 916KDM:
| 916 Hallmark Gold Rate in GRT | 1gm Rate in GRT | 8gm in GRT | 10 gm Rate in GRT |
|---|---|---|---|
| 916 Hallmark Gold Rate Today (6 Aug 2023) in GRT Chennai | ₹5,623 | ₹44,984 | ₹56,230 |
| 916 Hallmark Gold Rate Yesterday (5 Aug 2023) in GRT Chennai | ₹5,623 | ₹44,984 | ₹56,230 |
Please note that the above rate are subject to change. It is always
recommended to double-check the gold rate with the GRT website.
| Date | 1gm in 18K | 1gm in 22K | 1gm in 24K |
|---|---|---|---|
| 2023-08-05 | ₹ 4601 | ₹5623 | ₹6134 |
| 2023-08-04 | ₹4587 | ₹5607 |
₹6117 |
| 2023-08-03 | ₹4589 | ₹5608 |
₹6118 |
| 2023-08-02 | ₹4583 | ₹5602 |
₹6111 |
| 2023-08-01 | ₹4603 | ₹5626 |
₹6138 |
About GRT Jewellery:
GRT Jewellery, also known as GRT Thangamaligai, is a prominent and reputable jewelry brand based in India. With its headquarters in Chennai, Tamil Nadu, the company has established itself as a leading name in the gold and diamond jewelry industry. Since its inception in 1964, GRT Jewellery has flourished under the visionary leadership of its founder, G. Rajendran, and has grown to become a cherished household name.
The success of GRT Jewellery can be attributed to its unwavering commitment to craftsmanship, quality, and customer satisfaction. The brand prides itself on designing and creating jewelry pieces that exude elegance, beauty, and enduring charm. Each piece is a testament to the artistry and skill of the team of expert craftsmen who work diligently to transform precious metals and stones into exquisite ornaments.
One of the hallmarks of GRT Jewellery is its diverse and extensive collection. The brand caters to a wide range of tastes and preferences, offering a plethora of designs that blend tradition with contemporary trends. From intricately crafted traditional Indian jewelry to modern and chic pieces, GRT Jewellery ensures that customers can find the perfect accessory for every occasion, be it weddings, festivals, or casual wear.
Frequently Asked Questions (FAQ) - Gold Rate in GRT Chennai
1. What is the current gold rate in GRT Chennai?
A: The current gold rate at GRT Chennai stands at ₹5,608 per gram for 22 Carat gold, which is also commonly referred to as 916 KDM hallmark gold.
2. How much does 1 gram of gold cost in GRT Chennai?
A: The price of 1 gram of gold in GRT Chennai is ₹5,608.
3. What is the price of 8 grams of gold in GRT Chennai?
A: At present, the cost for 8 grams of gold at GRT Chennai is ₹44,864.
4. How is the 22-carat gold rate calculated in GRT Chennai?
A: To determine the 22-carat gold rate at GRT Chennai, it is essential to consider that jewelers often quote a higher price by the karat. Assuming the prevailing Gold Rate Today in India as ₹4000 per gram for 24 Karat gold, the price per gram for 22K gold would be ₹3,666. It's worth noting that jewelers typically charge a slight premium of around 5 to 8%, leveraging customer perception and lack of awareness in the calculation process.
5. What are the factors influencing the gold price hike in GRT Chennai?
A: The gold rate in GRT Chennai is subject to fluctuations due to various factors. The primary drivers for gold price hikes are the demand for gold jewelry and its allure as an investment asset. Furthermore, the trend is influenced by customer preferences, where gold purchases serve not just ornamental purposes but also as a means of investment, though the majority of demand remains centered around jewelry, with relatively fewer purchases of gold biscuits and coins.
6. What is the current price of one pawn of gold in GRT Chennai?
A: As of now, the current price for one pawn of gold at GRT Chennai is ₹44,864.
7. How is the 18-carat gold rate calculated in GRT Chennai?
A: Calculating the 18-carat gold rate at GRT Chennai involves understanding that 18 Karat gold consists of 75% pure gold and 25% alloy, equating to 18 out of 24 parts gold (18/24 * 1000 = 750, i.e., 75%). The alloy blend enhances the strength and value of 18K gold, making it a preferred choice for various jewelry items. However, individuals with nickel allergies should be cautious, as it may cause skin irritation for sensitive individuals.
8. What is the price of 18-carat gold per gram in GRT Chennai?
A: The price of 18-carat gold per gram at GRT Chennai is ₹4,589.
9. How is today's gold rate in GRT Chennai determined?
A: The gold rate in GRT Chennai is influenced by multiple factors, including Interest Rates, Demand, Local taxes, Transportation taxes, State taxes, Government policies, and other additional costs incurred by jewelry businesses in GRT Chennai.
For any further queries or detailed information on the gold rate, feel free to reach out to our experts at GRT Chennai.