Why Tanishq Gold Rate Is High

On top of this they put making charge and wastage.

Why tanishq gold rate is high. The rupee depreciated from 45 levels to the usd in 2011 to around 70 85 currently even as gold in dollars jumped by 100 an ounce in the past month to close to 1 500. The rate of gold per 10 grams is always high that other competitors. The business model of tanishq is predominantly around making charge levied over cost of gold.

The state of the art karatmeter present in every tanishq store is a very accurate way of measuring the purity of gold thus making our gold as pure as we say it is. Check latest gold rate in tanishq in indian rupees us dollars and more per gram. Gold rates per gram 24 22 18 14 10 6 carat.

How much they cheat you will know when you take the gold to them to sell. Jewelers are very clever and they only cheat the buyer in quality of gold in wastage charges in making charges and price. When i calculate the price difference it comes to 11 higher than the market price.

This has caused 99 5 purity gold to log in a closing rate of rs 37 196 per 10 gm ex gst according to india. I walked into a tanishq store in bangalore today i see the price of 1gm gold coin 24k is priced at rs 3080 72 while the market rate says rs 2775 for 1gm 24k gold coin. Never buy gold in any form jewelry gold coins gold bars.

Most important tanishq gold jewellery is not hallmarked. Other competitors like joy allukas waman hari pethe lagu bandhu which are recognised shops since last 2 decades offer much better rates. Gold price per ounce and gold price per tola.

Why have the prices risen though dollar rate is less than its all time high of 1918 an ounce of august 2011. When i asked the staff in tanishq to explain this price difference he gave following 2. 22k gold price in tanishq jewellery.