Gold & Silver Rates in Coimbatore Today (03 Mar 2026)

Gold Rate in Coimbatore Today: Market Insights for the Textile City

As of 12 February 2026, the gold market in Coimbatore reflects the broader volatility seen across Tamil Nadu. The current rate for 24K (Pure) Gold is ₹1,61,360 per 10 grams, while the jeweler-standard 22K Gold is trading at ₹1,47,910. After hitting a monthly peak earlier in February due to global tensions, prices have stabilized slightly, though they remain significantly higher than late 2025 levels.

For those looking at lightweight or diamond-set pieces, particularly in the designer boutiques of RS Puram, the 18K gold rate is currently ₹1,27,010 per 10 grams. With Coimbatore being a major manufacturing hub for gold chains and casting jewelry, local buyers benefit from a vast variety of ready-to-wear designs that cater to both traditional and modern tastes.

Shopping Hubs: Cross Cut Road and Big Bazaar Street

Coimbatore offers distinct shopping experiences. Cross Cut Road (Gandhipuram) is the modern face of the industry, housing massive showrooms like GRT, Malabar, and Bhima. For a more traditional and wholesale-oriented experience, Big Bazaar Street and Raja Street in the Town Hall area are legendary. Here, you can find the "Chain Shops" and heritage artisans who have been the backbone of Coimbatore's gold trade for decades.

Artistry: The Pride of Coimbatore Jewellery

The city is world-renowned for its Temple Jewellery and Nakashi work. These pieces often feature divine motifs of Goddess Lakshmi or Lord Ganesha, embossed with incredible precision. Coimbatore is also a leader in Mullai Mottu Haram (Jasmine bud necklaces) and antique casting work. While the 22K rate is the standard for these ornaments, the labor-intensive nature of Nakashi work can lead to higher making charges compared to machine-made chains.

Buyer's Guide: Hallmarking and Making Charges

When buying gold in the city, the HUID (Hallmark Unique Identification) is non-negotiable. Coimbatore’s major showrooms are highly compliant, but it's always worth checking the 6-digit code on the BIS Care App. Making charges in Coimbatore typically range from 5% to 25%. If you are buying heavy traditional sets in Town Hall, you might find more competitive "wastage" (V.A.) rates compared to the premium designer stores in RS Puram.