SG Gold Palace
SG Gold Palace in Chengalpattu is a trusted local jewellery institution, meticulously blending tradition with modern transparency. Founded in 1987 by Mr. S. Govindasamy, it has grown into a landmark establishment renowned for its honest pricing, hallmark authenticity, and customer-first policies. Their click & compare feature empowers customers to ensure fair deals, while offering factory‑price jewellery with no making charges and minimal wastage overheads. The flagship 11‑month savings scheme allows customers to methodically accumulate value in gold or rupees, offering flexibility and protection from fluctuating market rates. With live gold and silver rates updated daily, SG Gold Palace stands out as a dependable and transparent jewellery partner in South Chennai and Kanchipuram.
Established: 1987, under the leadership of Mr. S. Govindasamy
Business Type: Proprietorship, registered as a small MSME, primarily in retail jewellery
Transparent Pricing: Pioneers of the ‘click and compare’ initiative, empowering customers to easily check prices across showrooms
Hallmark Certification: Among the early adopters ensuring purity and trust
Manufacturing Prices: Jewellery sold at factory prices with zero making charges and lowest wastage charges in the region
Savings Scheme:
A 11‑month subscription plan where you pay monthly and can redeem gold/rupees without value-add/W.A. charges at the end
Choose either weight-based accumulation or rupee-based, making it safe against market volatility
Live Gold & Silver Rates (as of 20‑Jun‑2025):
22K Gold retail rate:₹9,210/g
SG’s internal rate: ₹9,185/g
Silver (99.9%): ₹119/g
Overview
- Condition: New
