Besides the turquoise backwaters, Kerala is known for its love for gold. This eco-paradise contributes to over 20% of India’s gold consumption. The domestic demand here increases especially during the festive season and special occasions like a naming ceremony, weddings, etc. The prices fluctuate here depending on domestic demand as well as global prices. Today Gold rate in Kerala is ₹ 63,820 per 10 grams for 24 Carat and ₹ 58,500 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,382 | - ₹ 27 |
8 grams
|
₹ 51,056 | - ₹ 216 |
10 grams
|
₹ 63,820 | - ₹ 270 |
100 grams
|
₹ 6,38,200 | - ₹ 2,700 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,850 | - ₹ 25 |
8 grams
|
₹ 46,800 | - ₹ 200 |
10 grams
|
₹ 58,500 | - ₹ 250 |
100 grams
|
₹ 5,85,000 | - ₹ 2,500 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
03 January 2024
|
₹ 63,820 | ₹ 58,500 | -0.43% |
02 January 2024
|
₹ 64,090 | ₹ 58,750 | +0.34% |
01 January 2024
|
₹ 63,870 | ₹ 58,550 | 0% |
31 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
30 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
29 December 2023
|
₹ 63,870 | ₹ 58,550 | -0.59% |
28 December 2023
|
₹ 64,250 | ₹ 58,900 | +0.68% |
27 December 2023
|
₹ 63,820 | ₹ 58,500 | +0.17% |
26 December 2023
|
₹ 63,710 | ₹ 58,400 | +0.34% |
25 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
24 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
23 December 2023
|
₹ 63,490 | ₹ 58,200 | +0.34% |
22 December 2023
|
₹ 63,230 | ₹ 58,000 | +0.43% |
21 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
20 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ | ₹ 762 |
31st March rate | ₹ | ₹ 810 |
Highest rate in March | ₹ on 1st January 1970 | ₹ 816 on 22nd March 2024 |
Lowest rate in March | ₹ on 1st January 1970 | ₹ 757 on 1st March 2024 |
Over all performance | Rising | Rising |
% change | +6.30% | +6.30% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st February rate | ₹ | ₹ 778 |
29th February rate | ₹ | ₹ 757 |
Highest rate in February | ₹ on 1st January 1970 | ₹ 780 on 1st February 2024 |
Lowest rate in February | ₹ on 1st January 1970 | ₹ on 4th February 2024 |
Over all performance | Falling | Falling |
% change | -2.70% | -2.70% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st January rate | ₹ | ₹ 800 |
31st January rate | ₹ | ₹ 780 |
Highest rate in January | ₹ 58,750 on 2nd January 2024 | ₹ 64,090 on 2nd January 2024 |
Lowest rate in January | ₹ 58,500 on 3rd January 2024 | ₹ on 4th January 2024 |
Over all performance | Falling | Falling |
% change | -2.50% | -2.50% |
Similarly, personal jewellery and ornaments from Kerala are also known to be intricately designed in attractive patterns. The city houses more than 40,000 gold artisans and over 5,000 jewellers and metal retailers.
This eco-paradise is known to contribute over 20% to India’s gold consumption, and is also an important destination for gold trade, globally.
Gold purchases hit an all-time high during festive seasons, auspicious ceremonies and special occasions like a naming ceremony, weddings, etc. Gold is also a popular wedding gift that often shares the role of an heirloom in many families.
Even though the city is bustling with gold trade all through the year, gold prices keep fluctuating regularly. It can either be due to the demand-supply equations or additional taxes and duties. Other factors include central bank reserves, interest rate trends, fluctuating currency valuation, domestic demand, and gold purity.
Although this state has been historically investing in gold as a commodity, digital gold investments have also carved a niche for themselves, here. They offer the convenience of investing in the precious metal of high purity, at the convenience of just a click. These can be easily converted into tangible forms and offer secure storage for the same.
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