It's not a good deal to buy gold jewelry without checking its purity, and it always pays to check purity before parting with your hard-earned money. When a gold item is sold with the KDM label, for example, it simply means that this particular piece of gold was soldered with the use of KDM or Cadmium. Gold rates or prices are updated on a daily basis and can be obtained through many financial sites from those dealing in gold or online. Gold Rate Today in Pondicherry 22 & 24 Carat Gold Price updated on 07 Mar 2021. The precious metal has always been an attractive investment to safeguard and keep oneself secure in times of fear and uncertainty whenever there is an economic recession or a pandemic or any other reasons beyond one's control. Kerala tops the chart in gold consumption. But how can you know whether the price provided to you for your old Gold is right? This is because let us see what factors affect 916 gold prices in Pondicherry. Very useful information everbody should aware of it because generally jwellers took more charges for hallmark gold from customers. It doesn't corrode, has a great liquidity value providing sustainability. The demand for Gold is quite high in this city. When it comes to the Gold trade, Pondicherry stands at the forefront compared to all other metro cities and towns in India. Primarily, one can visit a jeweller and sell the old unused Gold. Download our Free Gold Silver Rate Mobile App Today. The rate of gold has increased when compared to yesterdays gold rate. According to the rest of the country, Pondicherry people buy gold primarily in the form of jewellery. Gold soldered with Cadmium during making) melts faster than normal 916 gold there by saving the jewellery manufacturers some making charges. Cadmium called 'Kadium' in some places and marked KDM was traditionally used in soldering of gold jewelry for its good properties of liquidity and melting at lower temperatures, which is not the case any more as Cadmium is known to create toxic fumes when … Alternatively, you can also go ahead with individual salesmen of gold but be very assured about the quality and purity of the gold before buying. In Pondicherry - the capital of South Indian State Tamilnadu, Gold is a hugely in-demand commodity. Apart from the demand that has risen for the gold in recent years, many other factors influence the Gold Rates. 91.6 grams of pure gold in 100-gram alloy. Some of the branded gold dealers in Pondicherry But it is always advisable to purchase gold directly from the showroom as it assures good quality and this is trusted as they provide proper gold certificates. From this page, Gold investors and buyers can immediately investigate according to their needs in all probability cases. Required fields are marked *, Starry Stories Copyright © 2020 | All Rights Reserved. Get Interesting Articles like this one in your inbox: Sign up for our emails and monthly magazine. You can exchange the old Gold for some new gold ornaments. If you continue to use this site we will assume that you are happy with it. 916 KDM is same as the standard 22K gold. Gold is shaped into jewellery form by soldering (joining two metals by melting and using a filler metal called solder in the joint) a myriad of intricate gold parts, as gold in itself is very soft. Before getting into the details about KDM Gold, let us learn a bit about the making of gold jewelry. Transportation expenses in and around Pondicherry. Gold rate Pondicherry fluctuates according to market conditions and availability. To know about KDM gold, we need to learn in brief about the gold jewellery making process. Gold rate in Pondicherry slightly varies from the current gold rate in other cities. The gold jeweller should be the reputed ones and most trustworthy to avoid cheating in any way while buying gold in Pondicherry. This process would leave the Gold Medal with tooth impressions on them indicating that the metal is pure and free from impurities such as copper or silver. If you wish to buy gold in Pondicherry, note down the following things which you must know before buying gold in Pondicherry. Gold Rate in Davanagere today (28 Feb 2021) is ₹4,270. The gold rates of Pondicherry today are provided in the table given below. Q6. Hallmark is known to protect the gold buyers in different countries. Government policies related to tariffs on gold and taxations are also important in determining the gold rate. There are several reasons for this variation in live gold rate including internal as well as external factors. Gold has a positive price elasticity during festival times as demand tends to rise, so is the price of the metal, which also tends to rise. The customer must check the Hallmark carefully before making the final purchase. Gold is permanent and will always have value in tough and good times. Vaishali. However, according to the analysis, the gold rate seems almost unchanged for the last 10 days. Since pure gold is very soft, the jewellery made up of pure gold is delicate and weak. First, you should check the gold rate in Pondicherry. If you consider a gold jewellery which has been made by forging or casting as a single piece then tinkered to form shapes and designs then you can do it using whatever purity of gold you have started with. 22 carat gold is called 916 KDM gold (In which Cadmium is soldered) It is 91.6% pure gold. Your email address will not be published. Indians do have a propensity to invest in gold whenever they have money available in their hands. Gold prices come down depending upon the investment trends in stock markets where the appetite for risk is more, and there is no more demand for the bullion by the investor or in a situation when a country sells its gold stock to sustain its economic status. That is nothing but gold purity. Its interest rates are one big factor. The country also uses the precious metal in the fabrication of items. In fact Gold is one of the most malleable metals know to man. The price of Gold is based on its purity to a large extent. KDM jewelry is not Hallmarked jewelry. This makes their investments worthy. Indeed, China's gold consumption at 1120 metric tons was nearly 10 percent higher than India. What is KDM in gold? The precious metal has seen a steady increase in Indian consumption, from 442 metric tons in 2009 to 974 tons by 2013. The customers should follow it and also remain updated with the fluctuations in the gold rates. The first is either you can give it to the jeweler and make new jewellery or you can sell the same thing. Gold rates in Pondicherry are increasing day by day as there is always an increase in the sale of gold in the form of jewellery more than bars or coins. The advantage of Gold ETFs is one can start investing with as low as 1unit or 1gm of Gold and is available in several denominations making it ideal for all types of investors big or small. The United States is the prized metal's third-largest consumer. Thirst and demand for gold is increasing each and every day in Pondicherry. Like the rest of its counterparts in the country, people of Pondicherry prefer to buy Gold in the form of Jewellery, especially during the festivity.