14-Jul-2020
Muthoot FinCorp NCD bonds June 2020 – Invest 1 Lakh and get 1.6 Lakhs in 5 years – What about risks?Gold is no more only an article of luxury in India. People are now using gold as a financial instrument. Not to forget, gold is also used by lending institutions to offer secured loans. People often check the 1 gram gold rate in Thanjavur on the internet. Anyone interested in acquiring a gold loan in Thanjavur should know the current rate in the market. Read on to learn more about the current gold rate in Thanjavur.
Consumers should know the types of gold before knowing the gold rate in Thanjavur. A bar/piece of gold can be offered in 24 karats (Ct) of quality or 22Ct. Many providers offer gold in 18Ct or 14Ct to buyers. Ct represents the quality of gold in Thanjavur and also impacts its price. Ct is the relative amount of gold when compared to other metals.
The price of 24Ct gold will always be higher than 22Ct gold in Thanjavur. The higher the Ct of gold, the higher will be its value. The gold price in Thanjavur depends on the quality of gold. The gold price in Thanjavur can also change according to the date. For example, there can be a difference in gold price today and yesterGold price trends in Thanjavur show that the price fluctuates often.
Therefore, before acquiring a gold loan in Thanjavur, one should check the real-time gold price in the market. Besides 22Ct and 24Ct, rates are assigned to other types of gold in Thanjavur. If needed, one can check today gold rate in Thanjavur 916 KDM on the internet. 916 KDM is a type of 22Ct gold that contains 91.6 grams of gold in 100 grams. Apart from gold, cadmium alloy is mixed in 916 KDM gold.
Last 12 Months |
Highest Gold price (24 karat) |
Lowest Gold price (24 karat) |
June 2022 |
5348₹ Per gram |
4223₹ Per gram |
May 2022 |
5290₹ Per gram |
5191₹ Per gram |
April 2022 |
5543₹ Per gram |
5325₹ Per gram |
March 2022 |
5531₹ Per gram |
5250₹ Per gram |
February 2022 |
5391₹ Per gram |
4963₹ Per gram |
January 2022 |
5050₹ Per gram |
4912₹ Per gram |
December 2021 |
5022₹ Per gram |
4909₹ Per gram |
November 2021 |
5114₹ Per gram |
4907₹ Per gram |
October 2021 |
4978₹ Per gram |
4786₹ Per gram |
September 2021 |
4924₹ Per gram |
4743₹ Per gram |
August 2021 |
4986₹ Per gram |
4779₹ Per gram |
July 2021 |
4996₹ Per gram |
4910₹ Per gram |
There has been a long-standing tradition of investing in Gold in Thanjavur. The market price has been affected by several domestic and international factors over the years.
Last 10 Years |
Highest Gold price (24 karat) |
Lowest Gold price (24 karat) |
Gold Rate in 2021 |
5197₹ Per gram |
4634₹ Per gram |
Gold Rate in 2020 |
5766₹ Per gram |
4239₹ Per gram |
Gold Rate in 2019 |
4000₹ Per gram |
3180₹ Per gram |
Gold Rate in 2018 |
3198₹ Per gram |
2962₹ Per gram |
Gold Rate in 2017 |
3096₹ Per gram |
2819₹ Per gram |
Gold Rate in 2016 |
3215₹ Per gram |
2566₹ Per gram |
Gold Rate in 2015 |
2678₹ Per gram |
2523₹ Per gram |
Gold Rate in 2014 |
2819₹ Per gram |
2755₹ Per gram |
Gold Rate in 2013 |
2920₹ Per gram |
2853₹ Per gram |
Gold Rate in 2012 |
2702₹ Per gram |
2598₹ Per gram |
People opting for a gold loan in Thanjavur should be aware of its working. A gold loan is similar to any other type of secured loan in India. A loan seeker has to pledge gold as collateral to the provider to secure a loan. The loan amount is determined by the amount of gold pledged to the lender as per the gold rates in Thanjavur.
The current gold price in Thanjavur will be taken into account for deciding the loan amount. If the city for seeking a gold loan is changed, the price of gold in the new city will be taken into account. Similar to any other loan, the debtor has to return the gold loan amount to the respective lender. With Muthoot FinCorp, people can get easy gold loans in Thanjavur.
Reasons for choosing Muthoot FinCorp for gold loans in Thanjavur are as follows:
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