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    Today Gold rate in Erode – 18/05/2022 – ₹ 4,736

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    Before we go to know more about Erode gold rate today 18/05/2022, 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 18/05/2022 as follow

    1Gram₹5,135
    8Gram₹41,080
    10Gram₹51,350

    Today 22 Karat Gold rate in Erode

    22 karat gold is commonly used as jewelry; it consists of 91.67% gold and the remaining 8.33% other metals like zinc, nickel, or another alloy. Gold of 22 karats is known as 916 KDM because it comprises 91.67% pure gold.

    22 Karat gold rate in Erode market today 18/05/2022 as follow

    1Gram ₹4,736
    8Gram ₹37,888
    10Gram ₹47,360

    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 ₹37,888
    24 Karat 1 Sovereign ₹41,080