Gold Rate In Trivandrum Today

  • Today's Gold Rate in Trivandrum ( 26 May 2020 )

    ₹ 4,367
    Today's Gold Rate (22K) per gram

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

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,367 ₹ 4,388 ₹ -21 ↓
    Standard Gold (22 K) ( 8 grams ) ₹ 34,936 ₹ 35,104 ₹ -168 ↓
    Pure Gold (24 K) ( 1 gram ) ₹ 4,588 ₹ 4,607 ₹ -19 ↓
    Pure Gold (24 K) ( 8 grams ) ₹ 36,704 ₹ 36,856 ₹ -152 ↓

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    26 May 2020 ₹ 4,367 ₹ 34,936 ₹ 4,588 ₹ 36,704
    25 May 2020 ₹ 4,388 ₹ 35,104 ₹ 4,607 ₹ 36,856
    24 May 2020 ₹ 4,351 ₹ 34,808 ₹ 4,746 ₹ 37,968
    23 May 2020 ₹ 4,306 ₹ 34,448 ₹ 4,698 ₹ 37,584
    22 May 2020 ₹ 4,305 ₹ 34,440 ₹ 4,697 ₹ 37,576
    21 May 2020 ₹ 4,315 ₹ 34,520 ₹ 4,707 ₹ 37,656
    20 May 2020 ₹ 4,387 ₹ 35,096 ₹ 4,785 ₹ 38,280
    19 May 2020 ₹ 4,381 ₹ 35,048 ₹ 4,779 ₹ 38,232
    18 May 2020 ₹ 4,352 ₹ 34,816 ₹ 4,747 ₹ 37,976
    17 May 2020 ₹ 4,390 ₹ 35,120 ₹ 4,608 ₹ 36,864

    Weekly & Monthly Graph of Gold Rate in Trivandrum

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    *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.

    Gold Price In Trivandrum

    Trivandrum, the capital of Kerala, is among the largest markets for gold in the country. The city has been a large consumer of gold from ancient times, and is known for the riches in gold in the famed Padmanabhaswamy Temple. The rulers of Kerala had always had an affinity toward gold which was also seen in the large populace. Gold rate in Trivandrum is therefore a benchmark of the gold rate trends in whole of Kerala.

    Gold is primarily consumed in the form of jewellery and ornaments in Trivandrum. The city has a well-established gold market and also boasts of a large manufacturing industry that is intrinsic to Kerala. There are many dealers and jewellers based out of the city who have made a mark in both the national as well as global gold markets.

    Gold Rate Trend in Trivandrum for October 2019 to December 2019 (per gram of 24 karat gold)

    Factor October November December
    1st Day Rs.3,665 per gram Rs.3,749 per gram Rs.3,728 per gram
    Last Day Rs.3,773 per gram Rs.3,701 per gram Rs.3,806 per gram
    Highest Price Rs.3,764 per gram from 25 October to 30 October Rs.3,780 per gram on 3 November and 4 November Rs.3,806 per gram on 29, 30, and 31 December
    Lowest Price Rs.3,612 per gram on 2 October Rs.3,701 per gram on 13, 27, 28, 29 and 30 November Rs.3,675 per gram on 14 December
    Trend Incline Decline Incline
    Change 2.94% -1.28% 2.09%

    Gold Rate Trend in Trivandrum for July 2019 to September 2019 (per gram of 24 karat gold)

    Factor July August September
    1st Day Rs.3,302 per gram Rs.3,402 per gram Rs.3,738 per gram
    Last Day Rs.3,381 per gram Rs.3,749 per gram Rs.3,665 per gram
    Highest Price Rs.3,428 on 20 July Rs.3,770 per gram on 29 and 30 August Rs.3,822 per gram on 5 September
    Lowest Price Rs.3,302 per gram on 1 July Rs.3,371 per gram on 2 August Rs.3,633 per gram on 21 September
    Trend Incline Incline Decline
    Change 2.39% 10.19% -1.95%

    Gold Rate Trend in Trivandrum for April 2019 to June 2019 (per gram of 24 karat gold)

    Factor April May June
    1st day Rs.3,113 per gram Rs.3,119 per gram Rs.3,140 per gram
    Last day Rs.3,134 per gram Rs.3,140 per gram Rs.3,302 per gram
    Highest price Rs.3,140 per gram on 10 April Rs.3,176 per gram on 15 May Rs.3,371 per gram on 26 June
    Lowest price Rs.3,082 per gram on 4,5 and from 19-21 April Rs.3,082 per gram on 4 May Rs.3,140 per gram on 1 June
    Trend Incline Incline Incline
    Change 0.67% 0.67% 5.15%

    Gold Rate Trend in Trivandrum for January 2019 to March 2019 (per gram of 24 karat gold)

    Factor January February March
    1st day Rs.3,077 per gram Rs.3,417 per gram Rs.3,255 per gram
    Last day Rs.3,229 per gram Rs.3,447 per gram Rs.3,113 per gram
    Highest price Rs.3,229 per gram on 31 January Rs.3,484 per gram on 20 and 21 February Rs.3,255 per gram on 1 March
    Lowest price Rs.3,077 per gram on 1 and 2 January Rs.3,396 per gram from 13-15 February Rs.3,113 per gram on 31 March
    Trend Incline Incline Decline
    Change 4.93% 0.87% -4.36%

    Also Check Gold Price in Metro Cities

    Gold Rate Trend in Trivandrum for October 2018 to December 2018 (per gram of 24 karat gold)

    Factor October November December
    1st day Rs.2,987 per gram Rs.3,098 per gram Rs.2,966 per gram
    Last day Rs.3,108 per gram Rs.2,977 per gram Rs.3,092 per gram
    Highest price Rs.3,119 per gram on 25 October Rs.3,113 per gram on 5 November Rs.3,108 per gram on 12 December
    Lowest price Rs.2,987 per gram on 1 October Rs.2,977 per gram on 30 November Rs.2,966 per gram on 1 December
    Trend Incline Decline Incline
    Change 4.05% -3.90% 4.24%

    Gold Rate Trend in Trivandrum for October 2018:

    • A gradual increase in retail demand saw gold prices in Trivandrum rise in spite of a weak rupee, with the metal priced at Rs.2,987 per gram on 1 October.
    • Uncertainty over the economic impact of Brexit and ongoing geopolitical crises in the U.S. led to market volatility, boosting demand for gold from investors.
    • Prices fluctuated as local industrial demand fell on weak overseas cues but a rally in retail sales due to the festive season saw gold rise to Rs.3,119 per gram on 25 October.
    • The end of the month saw a marginal dip in rates with the precious metal priced at Rs.3,108 per gram on 31 October and recording a 4.05% rise in value over the course of the month.

    Gold Rate Trend in Trivandrum for November 2018:

    • Weak overseas cues and a steep drop in local demand severely impacted gold’s performance despite the metal starting strong at Rs.3,098 per gram on 1 November.
    • Festive demand saw gold rates in Trivandrum rise to Rs.3,113 per gram on 5 November but a strengthening dollar led to local retail and jeweller demand waning.
    • The possibility of further interest rate hikes bolstered the dollar as investor interest in bullion decline, with local demand also static.
    • Prices dipped to a low of Rs.2,977 per gram on 30 November on steadily declining demand brought about by a strong dollar as the metal lost 3.90% of its value during the month.

    Gold Rate Trend in Trivandrum for December 2018:

    • After a weak opening of Rs.2,966 per gram on 1 December, gold prices in Trivandrum rose on stable retail demand due to the festive and wedding season.
    • The rupee made gains against the dollar and further boosted local bullion sales as jewellers increased orders, though industrial demand remained muted due to weak global cues.
    • Increasing investor interest in bullion helped the metal trade at Rs.3,108 per gram on 12 December as global interest in the metal was high due to volatile equity markets.
    • The announcement of the partial government shutdown in the U.S. and fears over Brexit also kept bullion interest high, with the metal closing at Rs.3,092 per gram on 31 December.

    Gold Rate Trend in Trivandrum for April 2018 to June 2018 (per gram of 24 karat gold)

    Factor April May June
    1st day Rs.2,966 per gram Rs.3,050 per gram Rs.3,040 per gram
    Last day Rs.3,050 per gram Rs.3,040 per gram Rs.2,972 per gram
    Highest price Rs.3,056 per gram on 20-21 & 25-26 April Rs.3,071 per gram on 14 & 15 May Rs.3,040 per gram on 1 June
    Lowest price Rs.2,966 per gram from 1 – 3 April Rs.3,019 per gram on 17 & 18 May Rs.2,972 per gram on 30 June
    Trend Incline Decline Decline
    Change 2.83% -0.32% -2.23%

    Gold Rate Trend in Trivandrum for April 2018:

    • When trading commenced for the month, gold rate in Trivandrum was recorded holding at Rs.2,966 per gram on the 1st with domestic markets on the decline amid the weak trend overseas.
    • The month saw gold prices increasing considerably with the US dollar index losing against other apex currencies on account of the poor US employment data.
    • On the 20th, gold price in Trivandrum was recorded at a monthly high of Rs.3,056 per gram with investors banking on the bullion market amid the losing US dollar and equity markets.
    • With trade war tensions between the US and China on the rise, demand remained steady for much of the month and gold was priced at Rs.3,050 per gram on the last day.

    Gold Rate Trend in Trivandrum for May 2018:

    • Gold rate in Trivandrum opened at Rs.3,050 per gram on the 1st as the month began with steady local demand from jewellers and retailers amid firm overseas trends.
    • However, positive market sentiments ahead of the US-North Korean sentiments led to investors gravitating towards stocks. This led to gold price in Trivandrum plummeting to a monthly low of Rs.3,019 per gram on the 19th.
    • Demand picked up towards the end of the month with trade relations between the US and China worsening and gold was recorded trading at Rs.3,040 per gram on the 31st amid firm global cues.

    Gold Rate Trend in Trivandrum for June 2018:

    • The month began with gold trading at Rs.3,040 per gram on the 1st with subdued but steady domestic demand amid the recovering US dollar and equities. This was also the highest monthly figure recorded at the capital.
    • With the US dollar dominating against a basket of other currencies, demand for the safe-haven metal dropped over the next couple of weeks.
    • The dollar surged further after the successful US-North Korean summit pushed equity market higher.
    • The month concluded with gold price in Trivandrum holding at Rs.2,972 per gram on the 30th with poor local demand from industries, jewellers and retailers amid the weak market trend overseas.

    Gold Rate Trend in Trivandrum for January 2018 to March 2018 (per gram of 24 karat gold)

    Factor January February March
    1st day Rs.2,924 per gram Rs.2,961 per gram Rs.2,956 per gram
    Last day Rs.2,940 per gram Rs.2,956 per gram Rs.2,966 per gram
    Highest price Rs.3,015 per gram on 25 January Rs.2,993 per gram on 19 February Rs.3,008 per gram on 28 March
    Lowest price Rs.2,909 per gram on 5 January Rs.2,919 per gram on 8 to 12 February Rs.2,945 per gram from 16 to 19 March
    Trend Incline Decline Incline
    Change 0.54% -0.16% 0.33%

    Gold Rate Trend in Trivandrum for January 2018:

    • When trading commenced for the month in Trivandrum, the yellow metal was priced at Rs.2,924 per gram on the 1st.
    • Strong US dollar performances and good returns on equity market led to gold prices plunging to Rs.2,909 per gram on the 5th. This was also the lowest recorded monthly figure in the city.
    • However, the next couple of weeks saw the greenback losing against a basket of other emerging currencies with the employment data reporting a drop in the number of jobs supporting the US economy during December 2017.
    • Strong market trends coupled with steady domestic demand from local jewellers, retailers and industries led to gold rates surging to Rs.3,015 per gram - the highest recorded monthly figure - on the 25th.
    • The month concluded with the precious metal prices holding steady at Rs.2,940 per gram on the 31st.
    • Trivandrum recorded an incline of 0.54% in gold rates on account of the positive overseas trends that pushed demand at the domestic level during the course of the month.

    Gold Rate Trend in Trivandrum for February 2018:

    • The second month began with gold priced relatively higher at Rs.2,961 per gram on the 1st due to an increase in demand from the previous month’s session.
    • Prices plunged to Rs.2,919 per gram on the 8th with the bullion losing against the strengthening US dollar and rising equities.
    • Weak global cues coupled with poor domestic demand led to gold rates remain untouched at Rs.2,919 per gram until the 12th.
    • However, demand seemed to pick up amid the ongoing local wedding season and gold was priced at Rs.2,993 per gram on the 19th. This was also the highest recorded monthly figure in the city.
    • As the month came to an end, gold rates declined and consolidated at Rs.2,956 per gram on the 28th amid the recovering dollar and stock markets.
    • Trivandrum witnessed gold prices dropping by 0.16% owing to the poor market trends that pushed rates lower during the course of the month.

    Gold Rate Trend in Trivandrum for March 2018:

    • The final month of the quarter began in Trivandrum with gold prices holding firm at Rs.2,956 per gram on the 1st with steady domestic demand from local jewellers, retailers and industries.
    • The next couple of week saw gold rates greatly influenced by the unevenly performing US dollar rates and equities before plunging to a monthly low of Rs.2,945 per gram on the 16th.
    • Gold rates remained untouched at Rs.2,945 per gram until the 19th on account of poor domestic demand compounded with weak global cues.
    • With trade relations deteriorating between the US and China towards the end of the month, demand for safe haven assets such as gold and silver skyrocketed. This led to gold prices in Trivandrum surging to Rs.3,008 per gram on the 28th.
    • Demand, however, stabilised as the month came to an end and the precious metal was recorded trading at Rs.2,966 per gram on the 31st with steady domestic demand coupled with firm overseas trends.
    • Gold rates in Trivandrum surged by 0.33% on account of the strong global cues that pushed demand higher at the domestic level during the course of the month.

    Gold Rate Trend in Trivandrum for October 2017 to December 2017 (per gram of 24 karat gold)

    Factor October November December
    1st day Rs.2,954 per gram Rs.2,942 per gram Rs.2,921 per gram
    Last day Rs.2,942 per gram Rs.2,937 per gram Rs.2,909 per gram
    Highest price Rs.2,977 per gram from 12 to 16 October Rs.2,986 per gram 18 to 22 November Rs.2,931 per gram from 2 to 4 December
    Lowest price Rs.2,931 per gram on 27 October Rs.2,932 per gram on 5 November Rs.2,786 per gram on 12 and 13 December
    Trend Decline Decline Decline
    Change -0.40% -0.16% -0.41%

    Gold Rate Trend In Trivandrum For October 2017:

    • When trading opened in Trivandrum, gold was priced at Rs.2,954 per gram on the 1st of October.
    • Demand remained low despite the imminent arrival of festive season during the month. This led to gold rate in Trivandrum plummeting to Rs.2,942 per gram on the 2nd with poor domestic demand for the metal.
    • The rising tensions between the US and North Korea led to an increased demand for safe-haven assets such as gold. The precious metal was recorded trading at Rs.2,977 per gram on the 12th.
    • Local demand surged with jewellers and retailers ramping up purchases ahead of the festive season. This led to gold price in Trivandrum rising to Rs.2,989 per gram on the 17th.
    • The next few days witnessed gold rates plunging against the strengthening US dollar and rising equity markets. The bullion was recorded trading at Rs.2,952 per gram on the 28th amid the poor trend overseas.
    • The month concluded with gold trading at Rs.2,942 per gram on the 31st with reduced domestic demand brought about by the strong US dollar index.
    • Trivandrum saw gold rate in Trivandrum declining by 0.40% amid the uneven global cues and poor local demand during the course of the month.

    Gold Rate Trend In Trivandrum For November 2017:

    • The month began with the precious metal trading at Rs.2,942 per gram on the 1st with the US dollar recovering from the previous week’s losses.
    • Gold price in Trivandrum plunged to Rs.2,932 per gram on the 4th with local demand taking a hit amid the strengthened US dollar and firmer equities.
    • Gold rates, however, picked up with the political uncertainties in the Middle East pushing demand higher for safe-haven assets. The yellow metal was priced at Rs.2,941 per gram on the 7th.
    • Strong demand by local jewellers, industries and retailers amid the positive trends overseas led to gold rates rising to Rs.2,986 per gram on the 18th.
    • With the US economy recovering from the initial loss, the dollar gained against a basket of other emerging currencies. This led to gold price in Trivandrum plunging to Rs.2,955 per gram on the 23rd.
    • The month ended with the bullion trading at Rs.2,937 per gram on the 30th with low but steady demand for the metal.
    • Poor domestic demand brought about by the uneven global trends led to gold trade in Trivandrum decline by 0.16% during the course of the month.

    Gold Rate Trend In Trivandrum For December 2017:

    • The first week on December saw gold rate in Trivandrum greatly influenced by the ongoing sessions in the US Senate for approval of the landmark Republican tax bill.
    • Gold was priced at Rs.2,921 per gram on the 1st when the week began.
    • The US dollar spiked with the approval of the country’s biggest tax reform bill in thirty years. This led to gold rate in Trivandrum plunging to Rs.2,877 per gram on the 8th before dropping further to Rs.2,862 per gram on the 9th.
    • Reduced local demand brought about the poor trends overseas led to gold being priced at Rs.2,816 per gram – the lowest recorded monthly figure – on the 16th.
    • However, the US dollar lost its ground with investors and traders speculating over the final result of the landmark tax bill on the US economy. The metal was priced at Rs.2,858 per gram on the 24th.
    • The strong global trends coupled with an increased domestic demand from jewellers, industries and retailers led to gold rate in Trivandrum rising to Rs.2,909 per gram on the 29th.
    • When trading concluded for the month, the bullion was recorded trading at Rs.2,909 per gram on the 31st with steady demand for the precious metal.
    • Trivandrum recorded a loss of 0.41% due to the poor international trends that pushed local demand lower for the metal.

    Gold Rate Trend in Trivandrum for July 2017 to September 2017 (per gram of 24 karat gold)

    Factor July August September
    1st day Rs.2,950 per gram Rs.2,926 per gram Rs.2,995 per gram
    Last day Rs.2,925 per gram Rs.2,971 per gram Rs.3,040 per gram
    Highest price Rs.2,950 per gram on 1 & 2 July Rs.2,999 per gram on 29 August Rs.3,102 per gram from 8 September
    Lowest price Rs.2,796 per gram on 14 July Rs.2,899 per gram on 3 August Rs.2,995 per gram on 1 September
    Trend Decline Incline Incline
    Change -0.84% 1.51% 1.50%

    Gold rate trend in Trivandrum for July 2017

    • When trading commenced for the month, the yellow metal was recorded trading at Rs.2,930 per gram.
    • On the 3rd, gold price in Trivandrum surged to Rs.2,970 - marking the highest recorded monthly figure - which continued on to the 5th with steady and sustained demand from local jewellers and industries.
    • The newly approved 3% GST led to gold trade decline significantly. This led to gold rate in Trivandrum decline to touch the lowest monthly recorded figure of Rs.2,796 per gram on the 14th.
    • Demand, however, picked up as the month progressed owing to a low dollar value. This resulted in the precious metal trading at Rs.2,860 per gram on the 27th.
    • The US economy tanked with the dollar hitting a 13-month low on the 31st, pushing demand higher for the yellow metal.
    • The month concluded with the bullion priced at Rs.2,872 per gram on the 31st. Gold rate trends witnessed a decline of 1.97% as the introduction of GST in the country resulted in a reduced local demand for the metal.

    Gold rate trend in Trivandrum for August 2017

    • Gold was trading at Rs.2,882 per gram, when the month began in Trivandrum.
    • Safe-haven investments surged with the geopolitical tensions rising in the Korean peninsula and the United States, pushing demand higher for the precious metal. This resulted in gold prices rising to Rs.2,924 per gram on the 11th.
    • Gold rate in Trivandrum fluctuated for much of the month with the dollar recovering from the initial shock. and the metal was priced at Rs.2,913 per gram on the 28th.
    • However, global demand picked up with the continued aggression between the US and North Korea, and the precious metal was priced at Rs.2,958 per gram on the 30th.
    • Trading concluded in Trivandrum with gold trading at Rs.2,941 per gram following a decline in industrial demand.

    Gold rate trend in Trivandrum for September 2017

    • The bullion trade commenced with the precious metal trading firm at Rs.2,941 per gram in Trivandrum.
    • Global markets tanked soon after North Korea announced their most powerful nuclear weapon test to the world. This led an increased global demand, subsequently, pushing prices higher to Rs.3,038 per gram on the 9th.
    • However, firm equities market and a stronger dollar value resulted in the Asian demand declining. This led to gold rates recording at Rs.2,961 per gram on the 21st.
    • The imminent arrival Dussehra pushed demand higher for the precious metal with increased buying in the domestic bullion trade. This led to gold trading at Rs.2,975 per gram on the 27th.
    • The US dollar edged higher with the possibility of a new Fed rate hike by the Federal Reserve as the month came to an end, and the gold was recorded trading at Rs.2,954 per gram on the 30th.

    Gold Rate Trend in Trivandrum for April 2017 to June 2017 (per gram of 24 karat gold)

    Factor April May June
    1st day Rs.2,920 per gram Rs.2,935 per gram Rs.2,915 per gram
    Last day Rs.2,935 per gram Rs.2,915 per gram Rs.2,930 per gram
    Highest price Rs.3,000 per gram from April 22 to23 Rs.2,935 per gram from 1 to 2 May Rs.2,945 per gram from 7 to 12 June
    Lowest price Rs.2,920 from April 1 to 3 Rs.2,885 per gram from 4 to 9 May Rs.2,800 on 23 June
    Trend Incline Decline Incline
    Change 0.51% -0.68% 0.51%

    Gold Rate Trend in Trivandrum for April 2017

    • Gold rates in Trivandrum began the month of April on a high, thanks to a drop in US dollar’s exchange rate.
    • On the 1st of April, gold was trading at Rs.2,920 per gram.
    • As the US market performance was prevalent for much of April’s first week, gold prices saw a considerable increase - with the metal trading as high as Rs.2,950 per gram on the 7th.
    • Prices, however, declined to Rs.2,930 per gram on the 9th as the US dollar seemed to strengthen, thereby affecting the trading prices locally.
    • The fall in prices didn’t last long as major geopolitical issues involving the US, Syria, and North Korea took hold of the market.
    • Due to the aforementioned issue, prices went up to Rs.2,965 per gram on the 12th and went up by Rs.10 the next day to trade at Rs.2,975 per gram.
    • Rupee rose by almost 6%, while gold prices increased by 12% during the year, which led to a the metal trading at a cheaper rate in the city.
    • Gold prices reached their highest on the 22nd and the 23rd when it was trading at Rs.3,000, thanks to a steadily appreciating rupee.
    • Demand for the metal fell towards the last few days of the month, which led to gold ending at Rs.2,935 per gram.
    • Despite some falls during the latter half of April, gold prices increased by 0.51% for the month owing to some global and domestic factors.

    Gold Rate Trend in Trivandrum for May 2017

    • The first half of May was relatively sluggish with regards to gold trading prices as several markets flourished, while the US dollar also strengthened.
    • On the 1st of May, gold was priced at Rs.2,935 per gram and went further down to Rs.2,855 per gram on the 4th as a result of this.
    • Prices fell during the second and third week of May, meanwhile nearing 10-month lows in the international market.
    • By the end of the 17th, gold prices had gone down to Rs.2,875 per gram but thanks to a drop in Asian markets, gold prices increased to Rs.2,915 per gram on the 18th.
    • Rates remained in the sub-2,900 range and shuffled between Rs.2,915 per gram and 2,925 per gram during from the 23rd to the end of the month.
    • On the last days of the month, gold was trading at Rs.2,915 per gram.
    • Though there was consistent demand towards the end of May, gold price trends fell by 0.68% in Trivandrum.

    Gold Price Trend in Trivandrum for June 2017

    • Gold prices reached a monthly high in the international market at the beginning of the month. However, the same wasn’t reflected in local trading sessions.
    • The month began with gold trading at Rs.2,915 per gram but increased as geopolitical concerns regarding North Korea and Syria led to the US markets underperforming.
    • By the 8th of the month, gold prices had gone up to Rs.2,945 per gram buoyed by a weak dollar and a strong local demand.
    • Rates recorded from the 7th to the 12th, i.e., Rs.2,945 per gram was the highest for the month.
    • As the US dollar strengthened, gold prices consolidated towards the second half of the month.
    • When the month came to an end, gold was seen trading at Rs.2,930 per gram.
    • Gold price trends went up by 0.51% in Trivandrum during this month.

    Gold Rate Trend in Trivandrum for January 2017 to March 2017 (per gram of 24 karat gold)

    Factor January February March
    1st day Rs.2,815 per gram Rs.2,945 per gram Rs.2,960 per gram
    Last day Rs.2,945 per gram Rs.2,960 per gram Rs.2,920 per gram
    Highest price Rs.2,970 per gram from the 23rd to 26th of January Rs.2,960 per gram from the 18th of February to 28th of February Rs.2,960 per gram from 1st to 13th of March
    Lowest price Rs.2,815 per gram from the 1st to 3rd of January Rs.2,935 per gram on 14th and 15th of February Rs.2,860 on 15th of March
    Trend Incline Incline Decline
    Change 4.61% 0.50% -1.35%

    Gold Rate Trend for Trivandrum in January 2017

    • Owing to low local demand for this precious metal, gold traded at Rs.2,815 per gram on the 1st of January in Trivandrum. This rate was noted until the 3rd of January.
    • A slight improvement was noted in the price of gold thereafter with gold being priced at Rs.2,860 per gram from the 5th of January until the 9th of January after which it further rose to Rs.2,880 per gram.
    • The price of gold continued to increase as the month of January progressed. Between the 23rd of January and 26th of January, gold traded at Rs.2,970 per gram due to heavy and sustained demand for this metal. This was also the highest at which gold traded for the month of January.
    • On the last day of January, gold closed at Rs.2,945 per gram, recording a rise of 4.61% in the rate of gold in Trivandrum.

    Gold Rate Trend for Trivandrum in February 2017

    • Rate of gold was unusually stable during the month of February in Trivandrum due to steady demand for this metal from both domestic as well as international markets.
    • The rate of gold was stable at Rs.2,945 per gram from the 1st of February to the 13th of February.
    • The rate of this precious metal reduced by Rs.10 the next day to trade at Rs.2,935 per gram on the 14th and 15th of February after which it picked up. This was also the lowest at which gold traded for the month.
    • From the 18th to the 28th of February, gold traded steadily at Rs.2,960 per gram. This was also the highest at which gold traded in Trivandrum during the month of February.

    Gold Rate Trend for Trivandrum in March 2017

    • Gold was priced at Rs.2,960 per gram on the 1st of March in Trivandrum. Due to steady demand, this rate was noted until the 13th of March.
    • This demand however, could not be maintained and the rate of gold fell the next day to trade at Rs.2,890 per gram and reduced even further to trade at Rs.2,860 per gram on the 15th of March. This was also the lowest at which gold traded for the month.
    • The price of gold recovered slightly after that to trade at Rs.2,880 per gram and then rose to Rs.2,890 per gram the next day and continued at this rate until the 21st of March.
    • Towards the end of the month, gold traded steadily at Rs.2,920 per gram until the end of the week, with a few minor fluctuations, recording a decline of 1.35% in the price of gold.
    Factor October November December
    1st day Rs.3,115 per gram Rs.3,055 per gram Rs.2,905 per gram
    Last day Rs.3,055 per gram Rs.2,945 per gram Rs.2,815 per gram
    Highest price Rs.3,115 per gram from 1st to 4th Rs.3,135 per gram on 9th Rs.2,905 per gram on 1st and 2nd
    Lowest price Rs.3,020 per gram from 8th to 11th Rs.2,930 per gram on 25th Rs.2,745 per gram on 16th
    Trend Decline Decline Decline
    Change -1.92% -3.60% -3.09%

    Gold Rate Trend in Trivandrum for October 2016

    • On the 1st of October, gold was trading at Rs.3,115 per gram but fell down to as low as Rs.3,055 per gram by 5th due to lack of demand in the domestic market.
    • Prices kept going down for the next few days but posted a slight increase when gold rates went up to Rs.3,030 per gram by 12th.
    • After considerable fluctuations, gold prices again increased to reach Rs.3,040 per gram by 20th October.
    • The last two week of October didn’t see too much of a change in price trends.
    • At the end of the month, gold was seen trading at Rs.3,055 per gram.

    Gold Rate Trend in Trivandrum for November 2016

    • November was a month of two halves for gold with the first half seeing positive growth while the second playing host to massive decrease in prices.
    • The month began with gold trading at Rs.3,055 per gram which went up to .3,110 per gram by the 5th as the impending US election results brought about a frenzied activity in the world market.
    • Prices went down despite the fact Donald Trump’s appointment as US president brought markets crashing around the world.
    • By the end of the month, gold prices stabilized for the metal to trade at Rs.2,945 per gram.
    • All the global and domestic events brought a change of -3.60% in gold rates over the month.

    Gold Rate Trend in Trivandrum for December 2016

    • The last month of Q4 2016, started with gold selling at Rs.2,905 per gram.
    • As the effects of cash crunch was still reeling, prices seemed to go down for much of the month
    • By the 10th of the month, gold prices had gone down to Rs.2,810 per gram.
    • As demand seemed to see no improvement, gold prices further went down to Rs.2,745 per gram on the 16th.
    • Prices improved over the last few days owing to the imminent arrival of new year.
    • The month ended with gold trading at Rs.2,815 per gram, thereby clocking a decline of -3.09% for the month of December.
    Factor July August September
    1st day Rs.3,000 per gram Rs.3,092 per gram Rs.3,130 per gram
    Last day Rs.3,092 per gram Rs.3,130 per gram Rs.3,135 per gram
    Highest price Rs.3,167 per gram on the 18th and 19th of July Rs.3,140 per gram from 25th to 30th August Rs.3,160 per gram on 7th November and on 25th and 26th September
    Lowest price Rs.3,000 per gram on the 1st of July Rs.3,092 per gram on 1st August Rs.3,120 per gram on 2nd and 19th September
    Trend Incline Incline Incline
    Change +3.06% +1.23% +0.16%

    Gold Rate Trend of Trivandrum in July 2016

    • Gold traded at Rs.3,000 per gram on the 1st of July and increased by Rs.120 on the 2nd to hit Rs.3,150 per gram.
    • Prices fluctuated until the 17th when they soared to Rs.3,167 per gram – the highest recorded rate in July.
    • Despite fluctuations over the course of the month, stability was achieved on quite a few number of days.
    • Prices were stable at Rs.3,060 between the 23rd and 27th of July, and at Rs.3,092 per gram between the 28th and 31st.
    • The overall increase in prices between the start and end of August wasover 3%.

    Gold Rate Trend of Trivandrum in August 2016

    • The rate of gold per gram on the 1stt of August was recorded at Rs.3,092.
    • Prices rose to Rs.3,112 on the 2nd and stayed unchanged until the 5th.
    • The highest recorded rate of gold in the month of August was on the 5th when they touched Rs.3,210 per gram.
    • Stability was achieved for most parts of the month and the highest rate of gold in the August was recorded between the 25th and 30th when they touched Rs.3,140 per gram.
    • The precious metal closed the month trading at Rs.3,130 per gram, and the overall increase in prices between the first and last day of the month was 1.23%.

    Gold Rate Trend of Trivandrum in September 2016

    • Gold traded at Rs.3,130 per gram on 1st September.
    • Prices remained stable after every incline, and the highest rate in the month was recorded on the 7th and the 25th and 26th when they soared to Rs.3,160 per gram.
    • Gold closed the month trading at Rs.3,135 per gram and the overall increase in prices between the first and last day of the month was a mere 0.16%.
    Factor April May June
    1st Day Rs. 2,872 per gram Rs. 3,025 per gram Rs. 2,985
    Last Day Rs. 3,025 per gram Rs. 2,895 per gram Rs. 2,990
    Highest Price Rs. 3,025 per gram on April 30. Rs. 3,025 per gram May 1st to 3rd Rs. 3,050 per gram on 25th June
    Lowest Price Rs. 2,852 per gram on April 4. Rs. 2,885 per gram on May 30th Rs. 2,935 per gram on 9th June
    Trend Rising Decline Rise
    Change +5.32% -4.29% +0.16%
    Graph for Gold Rate In Trivandram for April 2016

    Gold Rate Trend of Trivandrum in April 2016

    • Gold traded at Rs. 2,872 per gram on April 1st but soon picked up after the jewellers’ strike was called off.
    • Fresh demand gave gold rates a boost after its stagnant state in March.
    • Gold rates rose to Rs. 3,025 per gram on April 30th.
    • By the end of the month, gold rates had increased by 5.32%.

    Gold Rate Trend of Trivandrum in May 2016

    • Gold rates for the month of May started well at Rs. 3,025 per gram.
    • The U.S. Federal Reserve released the minutes of its meeting which indicated a rate hike might soon be place in hopes of a stronger dollar and a growing U.S. economy.
    • The expectations of an interest rate hike did not bode well for gold investors and demand took a hit and prices slipped.
    • The month ended with a 4.29% decrease.

    Gold Rate Trend of Trivandrum in June 2016

    • The rate of gold was steady at Rs.2,985 per gram throughout the first week of June.
    • During the first half of the second week of June, price of gold continued to remain steady at Rs.2,985 per gram before reducing further.
    • On the 9th and 10th of June, gold rate decreased to Rs.2,935 per gram.
    • Price of gold rose to Rs.2,955 per gram on the 11th.
    • Gold rate stayed steady at Rs.2,955 per gram on the first three days of the week.
    • An increase of Rs.20 was noted in the price of gold and stayed steady at Rs.2,975 per gram until the end of the week.
    • Gold rate was steady at Rs.2,975 per gram until the 21st after which prices reduced by Rs.20 again.
    • On the last day of the week, gold rate increased to Rs.3,050 per gram.
    • Price of gold was steady at Rs.3,050 per gram until the 29th after which gold rate declined even further.
    • Price reduced by Rs.50 on the 29th and reduced even further to close at Rs. 2,990 per gram on the 30th.
    Factor January February March
    1st Day Rs. 2,507 per gram Rs. 2,685 per gram Rs. 2,872 per gram
    Last Day Rs. 2,685 per gram Rs. 2,872 per gram Rs. 2,872 per gram
    Highest Price Rs. 2,688 per gram on January 27th to 28th Rs. 2,872 per gram from February 26th to 29th Rs. 2,907 per gram on March 8th
    Lowest Price Rs. 2,507 on January 1st to 3rd Rs. 2685 per gram on February 1st Rs. 2,822 per gram on March 29th
    Trend Increase Increase Constant
    Change + 7.10 % +6.96% 0%

    Gold Rate Trend of Trivandrum in January 2016

    • January opened at Rs. 2,507 and experienced a rising trend through the month.
    • With an influx of demand in the domestic and international markets, prices rose by 7.10% by the end of January.
    • The highest rate recorded for the month was on January 27th at Rs. 2,688 per gram.

    Gold Rate Trend of Trivandrum in February 2016

    • Gold rates were at Rs. 2,685 per gram on February 1st.
    • Prices rose at the beginning of the month but stabilized to a more constant rate at the end.
    • Gold reached its peak for the month on 26th at Rs. 2,872 per gram.
    • Gold rates increased by 6.96% in Trivandrum by the end of February.

    Gold Rate Trend of Trivandrum in March 2016

    • Gold traded at Rs. 2,872 per gram on March 1st.
    • Prices remained constant due to a nationwide strike by the jewellers in India.
    • Global demand kept prices stable with no major falls or rises in the gold rates.
    • Gold traded at Rs. 2,824 March 24th, the highest rate for the month.
    • By the end of the month, rates dipped again to Rs. 2,872 per gram.

    Also Check Petrol Price and Diesel Price in Trivandrum

    Gold buying patterns in Trivandrum

    Gold is largely sold in its physical form in the city.

    Physical gold: Jewelleries and ornaments are quite popular in the city and some of the largest jewellers in the country have significant presence in the city. Apart from jewelleries, gold bullion can also be purchased in the city from reputed dealers, while coins can be purchased from dealers and banks.

    Traded gold: Gold is also traded through spot and futures contracts. These contracts are available online and prospective buyers can purchase gold at market rates which will be delivered to them as per the contract terms.

    Also Check Gold Price in NearBy Cities of Trivandrum

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    Also Know: Silver Rate in Trivandrum

    Read more on Gold

    News About Trivandrum Gold Rate

    • Investors book profits, fluctuates gold prices

      The gold June futures had consolidated in a pretty narrow range, and the fears of the economic fallout from coronavirus may bolster the bullion and give some support.

      The U.S. dollar had been holding steady against its rivals and had gained around 0.8% in the last trading rally as the traders and investors have been bracing for uncertainty and the governments had tightened all lockdowns. They had also launched fiscal and monetary measures for combatting the coronavirus.

      When it comes to the Multi Commodity Exchange (MCX), the gold June contracts had been trading low by 126 (0.2%) at Rs.43,255 per 10 grams. A few experts have said that the precious metal will be facing a selling pressure and the investors will have to make use of the buy on dips approach. The very next target for this yellow metal is to be in the range of Rs.43,500-Rs.44,000.

      3 April 2020

    • Price of gold falls over Rs.5,500 per 10 grams

      On the MCX, gold futures for April had dropped by 2%, (around Rs.800) to Rs.38,755 per 10 grams. In the previous five sessions, the yellow metal had shed approximately Rs.5,000 per 10 grams and had dipped from the Rs.44,500 levels. The white metal, silver had also witnessed its futures on the MCX dip by 5% to Rs.34,500 per kg. During the previous intense trading rally, the economy saw silver futures skid more than 10% or Rs.4,200 per kg.

      Gold has has been viewed by many as a safer harbour during trouble in the global markets. However, the sharp dip in the prices of gold has been associated with the sudden flight for liquid cash amidst an unstable market. This has been driven by the coronavirus scare.

      In the international markets, the prices of gold had fallen and extended loss as all investors had rushed and raised cash as panic heightened in the financial markets all over the world. The rates for spot gold rates had also dipped by 3% to $1,471 per ounce, after it had fallen by 5% during the previous trading session. Silver had seen a fall in its price by 4.7% to $12.29.

      18 March 2020

    • Prices of gold increase after falling for three consecutive days

      The prices of gold increased in India on 28 February 2020 after decreasing for three days in a row. Gold prices declined over the last three days because of a decline in global rates and some profit-taking.

      Gold futures prices for the month of April on MCX increased by 0.35% and touched Rs.42,534 for 10 grams. The main reason for the increase in prices was a rise in global rates. After hitting record highs of Rs.43,788 for 10 grams on 24 February 2020, the prices of gold have reduced by 1,250 per gram. According to a note given by SMC Global, gold futures prices for the month of April can recover around Rs.42,900 and take support near Rs.42,400. In the international markets, the prices of gold inched higher on 28 February 2020 due to the rapid spread of the coronavirus that has derailed economic growth. Spot gold prices increased by 0.2% and touched $1,645.79 for an ounce. Investors are looking away from riskier assets and looking towards gold due to the spread of the coronavirus. According to the Research Analyst at Anand Rathi Shares & Stock Brokers, Jigar Trivedi, due to the coronavirus spreading outside China, the demand for gold continued to increase. According to Moody Analytics, the increase in coronavirus cases could lead to a recession in the US and globally in the first half of 2020. Due to the spread of the coronavirus, Goldman Sachs has increased its forecast for gold to $1,800 for an ounce.

      28 February 2020

    • Gold and silver prices fall for two days in succession

      The price of gold declined for the second day in succession on February 5, marking a fall of Rs.396 per 10 grams to sell at Rs.40,210 in the bullion market in Mumbai. The reason for the decline was identified as a strengthening stock market and profit booking. The pressure on gold also increased following a report which suggested that there was a breakthrough in coronavirus’ treatment, thereby causing a decline in the appeal for gold. So far as 22-carat gold was concerned, the price of 10 grams in Mumbai was recorded at Rs.36,832 + 3% GST. 24-carat gold, on the other hand, was trading at Rs.40,210 + GST in Mumbai. 18-carat gold, meanwhile, was selling at Rs.30,158 + GST.

      Motilal Oswal’s Vice President, Navneet Damani, said that a further ease in gold prices was due to news regarding the outbreak of the coronavirus and the implementation of certain measures by the government of China in an effort to ensure that economic stability is maintained. Metal prices have also been affected due to increased pressure on China from the United States. The ratio of gold to silver is presently 88.35:1. The price of silver per kilogram fell by Rs.500 and settled at Rs.45,510 on February 5.

      5 February 2020

    • Prices of gold hit 2-month high as markets wait on the trade deal

      On 26 December 2019, the prices of gold touched its highest in over two months as there was uncertainty in Phase One of the trade deal between China and the US.

      According to the group head of trading at MKS, Bernard Sin, the trade tensions between China and the US are very intense. He further added that even though there have been suggestions that the trade deal would go through, until the trade deal is signed there would be uncertainty and gold prices could increase. He also expected the prices of gold to be hovering around the $1,525 levels for an ounce in the next quarter. On 26 December 2019, China’s Commerce Ministry said that Beijing and Washington were in the process of completing the required procedures to ensure that the trade deal is signed. The prices of gold have increased by 17% so far this year due to the trade tensions between China and the US. The tariff disputes between the two countries have had an impact on the global economy as well. The US election in November and January end’s Brexit could increase the prices of gold as well.

      27 December 2019

    • Gold prices decrease for the third consecutive day on 26 November 2019

      In the Mumbai bullion market, the prices of gold decreased by Rs.69 and hit Rs.37,954 for 10 grams. Gold prices have reduced for the third day in a row.

      The main reasons for the reduction in prices are because of the positive talks in the trade deal between China and the US and the strong rupee. Gold prices have decreased by 2.32% or Rs.902 so far in November. In Mumbai, the price of 22 carat gold is at Rs.34,766 (plus GST) and the price of 24 carat gold is at Rs.37,854 (plus GST). On MCX, gold futures prices for December reduced by Rs.41 and hit Rs.37,682 for 10 grams. Gold futures prices for February reduced by Rs.29 and hit Rs.37,763 for 10 grams. December and February contracts that have been traded so far are valued at Rs.2,023.72 crore and Rs.356.28 crore, respectively. December’s gold mini contracts decreased by Rs.17 and hit Rs.37,765 for 10 grams. According to Motilal Oswal, the trade of gold is expected to be negative with a good and intermediate resistance of Rs.37,950 and Rs.37,815, respectively. Spot gold prices in London increased slightly and was trading at $1,464.45 for an ounce.

      28 November 2019

    • Prices of gold increase after a massive drop

      Prices of gold increased on 6 November 2019 after a huge fall in the previous session. International markets have also seen a slight increase in gold prices. Gold prices of MCX increased by 0.54% and hit Rs.38,085 for 10 grams.

      In the previous session, prices of gold decreased by Rs.610 or 1.6%. Prices of silver increased by 0.07% and hit Rs.45,532 for a kg. In the previous session, prices of silver decreased by Rs.1,174 or 2.52%. According to a report from the Press Trust of India, prices of 24 carat gold were the same at Rs.38,870 for 10 grams. Gold prices increased slightly in the international market as well after a huge fall in the previous session. The risk sentiment was boosted due to the US economic data being solid and the hopes of a trade deal between China and the US. The value of the dollar also increased against other major currencies. In case the dollar is strong, the prices of gold increase in other currencies. According to several analysts, the prices of gold will remain choppy in the short-term. According to a report from Bloomberg, demand for gold has been the lowest in India this year when compared to the last three years. According to an official from the World Gold Council, the purchase of gold may fall below the 700 to 750-ton range. Various jewellers have said that customers are taking advantage of the increase in gold prices by selling scrap gold.

      7 November 2019

    • Fall in gold prices after new Brexit deal

      After the new Brexit deal between the UK and the European Union, gold prices fell sharply to Rs.38,030 for 10 grams, which is a fall of 0.50% on MCX. There was a fall of 0.26% for silver too on the MCX with prices of Rs.45,110 per kg. Globally also, gold prices fell after the Brexit deal was announced. It fell to $1,488 per ounce, a dip of 0.40%, even though parliament is yet to approve the deal. The world’s largest gold-backed ETF, SPDR Gold Trust GLD, saw a fall in holdings of 0.16% to 918.19 tonnes on Wednesday, when it was 919.66 tonnes on Tuesday.

      18 October 2019

    • Gold prices up by Rs.330; festive demand pushes silver prices up by Rs.730

      Gold prices in Delhi increased by Rs.320 per 10 gram to Rs.39,020 as the festive demand picked up in the national capital, according to HDFC Securities. Apart from gold prices, silver prices were also on the incline, rising by Rs.730 to Rs.48,720 per kg. The price of 24 karat gold closed at Rs.38,690 per 10 grams last early last week, and according to HDFC Securities’ Advisory Head, Devarsh Vakil, "Delhi spot gold price premium rose in expectation of better physical demand. Physical buying is likely to pick up once the pitrupaksh - shradh period will end on September 28.” So far as the international market was concerned, gold and silver prices were seen trading flat, with gold quoting at US $1,522.60 per ounce in New York while silver was trading at US $18.57 per ounce.

      27 September 2019

    • Gold Rises As Saudi Oil Attacks Spur Demand

      Gold prices rose by more than 1% in trading on Monday, 16th September 2019 after the weekend’s attacks on Saudi Arabian oil facilities. The resultant drop in global oil supply and Middle East instability increased bullion’s safe-haven appeal.

      Spot gold rose by 1% to $1,503.60 per ounce while U.S. gold futures climbed 0.8% to $1,511.80 per ounce. The uncertainty and tension in the Middle East following the oil attacks have raised gold’s profile, which is seen as a safe asset during financial and political turmoil.

      Though prices surged on fears of renewed economic instability, an easing in Sino-U.S. trade tensions could push prices lower. The surge in oil prices globally and weak economic data from China also reduced investor interest in risky assets like equities.

      16 September 2019

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