Gold Price/Rate in Rajapalayam Today

FAQs on Gold Rates in Rajapalayam

• What happens if someone breaks the rules of gold imports?

  If you do not follow the rules, it can lead to seizure, persecution, or even incarceration. This is until the paperwork and documentation has been completed.

• Do I have to declare the gold that I am carrying?

  Yes, you have to declare the gold you are carrying with you.

• Which factors affect the gold price in Rajapalayam?

  The gold prices in Rajapalayam are affected by various external factors such as the rate of Indian currency with respect to US dollar, price of oil, important political events, etc. The internal factors such as the policies introduced by the government, interest rate, the demand for gold, etc., also have an impact on gold prices in India.

• What is the difference between 22 karat gold and 24 karat gold?

  The difference between 22 karat gold and 24 karat gold is the amount of pure gold that is present in it. 24 karat gold is 100% pure gold, that is, it is composed of 100% pure gold. 22 karat gold, on the other hand, is composed of 91.67% pure gold. The 22 karat gold has impurities mixed with it in the form of alloy of metals like silver and copper.

• What is the significance of gold in Indian weddings?

  As gold is considered as the symbol of Goddess Lakshmi and signifies fortune, prosperity and wealth, it features prominently in Indian marriages.