Gold Rate Today in Kerala Last Updated : 04 Dec 2022

According to a Times of India article published in December, 2014,3 gold loan companies together hold around 200 tonnes of the yellow metal in the form of jewelry. This equation is higher than gold reserves of Sweden, Singapore and Australia.

This means the that Gold Rate today in Kerala hold very high importance in the global market for the metal and not just in India. Kerala is a state which is a great marketplace for gold investors and buyers alike. Also, jewelry made out of the precious metal is treated as wealth and a form of financial security at the same time.

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  • Today's Gold Rate in Kerala (04 Dec 2022)

    ₹ 4,945
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Kerala (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 4,945 ₹ 4,945 ₹ 0 ↑
    Standard Gold (22 K) (8 grams) ₹ 39,560 ₹ 39,560 ₹ 0 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,192 ₹ 5,192 ₹ 0 ↑
    Pure Gold (24 K) (8 grams) ₹ 41,536 ₹ 41,536 ₹ 0 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    04 Dec 2022 ₹ 4,945 ₹ 39,560 ₹ 5,192 ₹ 41,536
    03 Dec 2022 ₹ 4,945 ₹ 39,560 ₹ 5,192 ₹ 41,536
    02 Dec 2022 ₹ 4,925 ₹ 39,400 ₹ 5,171 ₹ 41,368
    01 Dec 2022 ₹ 4,875 ₹ 39,000 ₹ 5,119 ₹ 40,952
    30 Nov 2022 ₹ 4,855 ₹ 38,840 ₹ 5,098 ₹ 40,784
    29 Nov 2022 ₹ 4,845 ₹ 38,760 ₹ 5,087 ₹ 40,696
    28 Nov 2022 ₹ 4,855 ₹ 38,840 ₹ 5,098 ₹ 40,784
    27 Nov 2022 ₹ 4,855 ₹ 38,840 ₹ 5,098 ₹ 40,784
    26 Nov 2022 ₹ 4,855 ₹ 38,840 ₹ 5,098 ₹ 40,784
    25 Nov 2022 ₹ 4,855 ₹ 38,840 ₹ 5,098 ₹ 40,784

    Weekly & Monthly Graph of Gold Rate in Kerala (1 gram)

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months
    Gold Price in Major Cities in Kerala Price per 10 grams (22 karat/carat)
    Gold Rate in Trivandrum Rs.47,100
    Gold Rate in Kochi Rs.31,610
    Gold Rate in Thrissur Rs.31,610
    Gold Rate in Kozhikode Rs.31,610
    Gold Rate in Malappuram Rs.31,710
    Gold Rate in Kannur Rs.48,450
    Gold Rate in Kollam Rs.31,610

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Today's Gold Price in Kerala

    According to a business portal, Commodity Online, the state contributes for more than 20% of the gold in India’s annual consumption. It is also said that over 5000 jewelers and metal retailers thrive here with over 40,000 people involved as artisans for Gold rate Kerala. Gold Price Today, hence is very important for determining the future rates of gold in the country too as the demand is quite high established with the fact the business in gold thrives here.

    Historical Gold Price in Kerala

    Months Lowest Price 24 Karat Gold – ₹ Per 10 Grams Highest Price 24 Karat Gold – ₹ Per 10 Grams
    November 2022 50,220 51,870
    October 2022 50,120 51,970
    September 2022 50,320 52,870
    August 2022 50,200 52,960
    July 2022 50,290 52,860
    June 2022 50,790 52,860
    May 2022 50,290 52,790
    April 2022 48,400 54,380
    March 2022 50,950 54,330
    February 2022 48,980 51,550
    January 2022 46,730 48,200

    November 2022 Gold Rate in Kerala

    Parameter Gold price (24 karat)
    November 1 Rate Rs.4,883 per gram
    November 30 Rate Rs.5,098 per gram
    Highest Rate in November Rs.5,166 per gram on 17 November
    Lowest Rate in November Rs.4,883 per gram on 1 November
    Overall Performance Incline

    October 2022 Gold Rate in Kerala

    Parameter Gold price (24 karat)
    October 1 Rate Rs.4,898 per gram
    October 31 Rate Rs.4,893 per gram
    Highest Rate in October Rs.4,946 per gram on 27 and 28 October
    Lowest Rate in October Rs.4,893 per gram on 31 October
    Overall Performance Decline

    September 2022 Gold Rate in Kerala

    Parameter Gold price (24 karat)
    September 1 Rate Rs.4,893 per gram
    September 30 Rate Rs.4,883 per gram
    Highest Rate in September Rs.4,919 per gram on 6 September 2022
    Lowest Rate in September Rs.4,788 per gram on 27 September 2022
    Overall Performance Declined
    Percentage Change 0.02%

    August 2022 Gold Rate in Kerala

    Parameter Gold price (24 karat)
    August 1 Rate Rs.4,925 per gram
    August 31 Rate Rs.4,961 per gram
    Highest Rate in August Rs.5,056 per gram on 14 & 15 August 2022
    Lowest Rate in August Rs.4,925 per gram on 1 August 2022
    Overall Performance Inclined
    Percentage Change 0.72%

    Gold Investment Avenues in Kerala

    Gold is popularly sold as ingots, bullions, coins and most importantly as jewellery in Kerala. Regardless, the rise and fall of price gold elsewhere, this precious metal is always in demand especially in rural areas which forms a great percentage of people who buy and sell gold:

    Over-the-counter - Gold is available for retail in the form coins and jewelry. People wear are extremely traditional about the gold and the small and medium scale retailers are doing well, apart from the large retailers in the state. Gold bullions are generally sold in international rates and from private bullion dealers such as Muthoot, Pushpak and Pentagon, etc. However, it is gold jewelry that people in Kerala that make gold is very profitable business in the state. Kerala is also said to have the largest number of gold jewelers in India. Beside Kochi bening the gold capital of India, Thrissur in Kerala is said to be one of the hubs of jewellery manufacturing in Southern India accounting for for 3000 large and medium sized manufacturers. ‘Kundan’ and ‘Filigree’ are the types of jewelry sold here in maximum. Some of the well known jewelers include Joyalukkas, Tribhovandas bhimji Zaveri,Tanishq, Malabar Gold and Fashion Gold Mahal.

    Market trade - Trade in gold is possible through spot contracts, futures contracts and exchange-traded funds (ETF). Kozhikode and Kannur are well known destinations for gold traders. The gold ETFs are traded on the Mumbai stock exchange (BSE), apart from other international exchanges. These aim to track the price of gold.

    Factors That Determine the Price of Gold in Kerala

    These are a few factors that affect the price of gold in Kerala.

    • The value of the Indian Rupee as compared to gold is a major factor that affects the price of gold in Kerala. If the value of the U.S. dollar increases when compared to the Indian Ruppe, the price of gold in Kerala will increase.
    • Other than government policies, economic changes, and/or political movements can affect the price of gold in Kerala.
    • Any change in excise duty and also the import rates will change the price of gold.

    Gold Jewellery Stores in Kerala

    A few of the jewellery stores in Kerala are:

    • Tanishq Jewelers
    • Kalyan Jewelers
    • P Prem Jewelers
    • Malabar Gold and Diamonds
    • Mahalaxmi Jewelers

    Options of Gold in Kerala

    • Gold is a great investment, and you should understand that you have a lot of options when it comes to buying gold.
    • Other than gold ornaments, you can buy gold ETFs, gold bars.
    • When it comes to gold ETFs, you do not need to buy gold in a physical form. If you do not have high investment capital, you can buy 22-karat or 18-karat gold and this will be cheaper than 24-karat gold.

    Pointers to Look out for When Buying Gold in Kerala

    • Purchase hallmark gold

    You should only buy hallmarked. There are a lot of jewelers in Kerala who sell gold that is authentic and pure.

    • Market movement

    You should be aware of the market movement before you buy gold. If the market is down, you can buy gold. After the price of gold increases, you can sell the gold and get the profit.

    Why to Buy Gold in Kerala

    • Other than buying gold as an investment, it is considered auspicious to purchase gold. During a lot of events like weddings, festivals, people buy a lot of gold.
    • Gold is considered to be a safe haven. This means that when the markets are down, investors buy gold as it is low risk and less volatile as compared to oil or the U.S. dollar.
    • You can use gold as a hedge to secure your future if you face a financial crunch.

    FAQs on Gold Rate in Kerala

    1. What factors do I check before buying gold in Kerala?

      A few important things to keep in mind before buying gold in Kerala are: The price of gold per gram, The level of purity, Certification of the metal, Buy-back terms of the lender.

    2. Will gold prices decrease in Kerala?

      Given the volatility in the market, the price of gold may or may not fall as there are many factors which affect the price of the yellow metal in Kerala and in India.

    3. What international factors affect the gold rate in Kerala?

      Several factors affect the price of gold in Kerala such as crude oil prices, the value of international currencies, etc.

    4. Will the gold price in Kerala keep changing?

      Yes, the gold price in Kerala may keep fluctuating or changing due to various factors which affect the price of gold in the country. Some of these factors include the value of the rupee against the U.S. dollar, the price of crude oil, the trend of the equities market, etc.

    5. How many Paavan is 1 kg?

      1,000 grams or Paavan makes 1 kg of gold. 1,000 grams of gold is equal to 125 sovereigns.

    6. What is the best place to buy gold in Kerala?

      Kerala is famous for gold as people prefer wearing and gifting gold during festive seasons such as Onam and Vishu. So, there are many reputed gold dealers which sell genuine and certified gold jewelleries and ornaments.

    7. What to check while buying gold in Kerala?

      There are various things which you have to check while purchasing gold in Kerala such as purity level, making charges, certificate of purity, and the weight.

    8. What determines the gold prices in Kerala?

      Gold price keeps on fluctuating in Kerala depending on various factors such as inflation, government gold reserves, demand, jewellery market, interest rate trends, supply, and global movement.

    9. Is gold cheap in Kerala?

      The prices of the gold are cheaper in Kerala in terms of 24 karats and 22 karats gold because of the movement in the international market.

    News about Kerala Gold Rate

    • Gold rates went up today on 21 November in some of the major Indian cities

      Gold rates went up today, 21 November, for both 22-carat and 24-carat by Rs.60. Due to this increase in prices, the cost of the yellow metal has changed in some of the major Indian cities. The cost of 10 grams of 24-carat gold in Chennai and Delhi stands at Rs.52,285 and Rs.53,350. While in Mumbai, Kolkata, and Bhubaneswar, the price of 24-carat gold stands at Rs.53,180 per 10 grams.

      22 November 2022

    • Gold prices in Visakhapatnam, Kerala, Hyderabad and Bangalore today

      In Kerala, Hyderabad, Bangalore, and Visakhapatnam, the cost of 10 gram of 22 karat is Rs.46,800, 10 gram of 24 karat is Rs.51,050 and 1 kg of silver is Rs.66,700. The prices are down by Rs.100 for 22 karat gold in both Bangalore and Hyderabad. The 24 karat gold costs Rs.51,050 with a fall of Rs.110 (Hyderabad) and a fall of Rs.10 (Bangalore).

      10 November 2022

    • Price of Gold on 25 August 2022

      As the US dollar dropped a little on Thursday, 25 August 2022 ahead of the Jackson Hole summit, gold prices rose. On the MCX, the price of ten grams of gold was trading higher, up 0.32% or Rs.167 to Rs.51,606.

      26 August 2022

    • The price of gold increases by Rs.221 per 10 gram

      The price of gold is Rs.51,248 per 10 gram, after increasing by Rs.221 while the silver price has reduced by Rs.245 and is being traded at Rs.61,759 per kg. The gold contract for June delivery has increased by Rs.89 to trade at Rs.50,918 per 10 gram and the silver contract was sold at Rs.61,803 on MCX.

      25 May 2022

    • Gold prices edged lower on Monday

      Gold prices are down 0.1% at $1,928.08 per ounce on the spot market. Gold prices fell on Monday, hitting their lowest level in two weeks the day before, as demand for greenback-priced gold was limited by a strengthening US dollar.

      25 April 2022

    • Gold prices jump in India on 14 March 2022

      On 11 March 2022, gold prices in India jumped by 0.94% and were trading at Rs.53,239 for 10 grams. The depreciating rupee ensured that the prices of the yellow metal increased. Gold rates in the global markets increased as well due to the tensions between Ukraine and Russia.

      14 March 2022

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