Before we go to know more about Erode gold rate today 16/05/2006, first of all, we need to know about the “k” it stands for Karat. Karat is nothing but a scale to measure the ratio of Gold. We know gold is the biggest trade market in the world, it swings metal in India nowadays. Here is the list of gold rate in Erode as follow
Today 24 Karat Gold rate in Erode
24 karat is the pure form of gold that is used for investment. It is usually used for making bars and coins to trade. It is naturally more expensive than 22 karats.
24 karat gold rate in Erode market today 16/05/2006 as follow
Today 22 Karat Gold rate in Erode
Today 1 sovereign Gold rate in Erode
Savaran (or) Pavan is a unit of gold rate in India. Both the names are used to denote Sovereign. 1 sovereign gold contains 8 grams of gold.
|22 Karat 1 Sovereign||₹7,632|
|24 Karat 1 Sovereign||₹8,240|