Chennai is a metropolitan city in Tamilnadu with highly demand for gold. Gold is a investment option and cultural importance for the state. It is purchase in the form of coin, ornaments and bullion. Gold price in Chennai is decided by gold dealers, based on online and financial websites.
Gold Rate in Chennai Today (per gram)
|Date||22 Carat Gold Rate/Gram||24 Carat Gold Rate/Gram|
|February 18 2020||₹ 3915/Gram(↓)||₹ 4264/Gram(↓)|
History of Gold
In Earth, all the gold is formed in supernovae and neutron star collision before solar system formed. During the formation of planets, gold sank into the Earth. By the process of fission, fusion or radioactive decay it is possible to form gold.
Gold cannot synthesized by the sun during the nuclear fusion. Many gold are found in rock ores and it occurs as flakes and silver alloy electron. It is not simple by adding or removing protons from other elements, to form gold. The most common method is add neutrons to another element.
Frequently Asked Questions for Gold Rates
Will gold rate decrease in coming days 2020?
No, Probably it will be keep on increasing or decreasing as per the demand
Why Gold Rate is Increasing?
Gold price is increasing because of Consumption demand, Protection against volatility, Gold and inflation, Gold and interest rates, Good monsoon, Impact of rupee-dollar equation, Weakening dollar, Future gold demand etc.,
Is this a right time to buy gold?
Buy gold in the month of March, As per historical report gold rates are decreased or falls down in the month of march.