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 ₹ 51,760 per 10 grams for 24 Carat and ₹ 47,450 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 5,176 | - ₹ 23 |
8 grams | ₹ 41,408 | - ₹ 184 |
10 grams | ₹ 51,760 | - ₹ 230 |
100 grams | ₹ 5,17,600 | - ₹ 2,300 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 4,745 | - ₹ 20 |
8 grams | ₹ 37,960 | - ₹ 160 |
10 grams | ₹ 47,450 | - ₹ 200 |
100 grams | ₹ 4,74,500 | - ₹ 2,000 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
24 June 2022 | ₹ 51,760 | ₹ 47,450 | -0.42% |
23 June 2022 | ₹ 51,990 | ₹ 47,650 | +0.42% |
22 June 2022 | ₹ 51,760 | ₹ 47,450 | -0.48% |
21 June 2022 | ₹ 51,980 | ₹ 47,680 | -0.15% |
20 June 2022 | ₹ 52,080 | ₹ 47,750 | +0.21% |
19 June 2022 | ₹ 51,980 | ₹ 47,650 | 0% |
18 June 2022 | ₹ 51,980 | ₹ 47,650 | -0.21% |
17 June 2022 | ₹ 52,100 | ₹ 47,750 | +0.42% |
16 June 2022 | ₹ 51,870 | ₹ 47,550 | +0.85% |
15 June 2022 | ₹ 51,440 | ₹ 47,150 | -0.53% |
14 June 2022 | ₹ 51,710 | ₹ 47,400 | -1.99% |
13 June 2022 | ₹ 52,760 | ₹ 48,360 | 0% |
12 June 2022 | ₹ 52,760 | ₹ 48,360 | +0.02% |
11 June 2022 | ₹ 52,750 | ₹ 48,350 | +1.26% |
10 June 2022 | ₹ 52,100 | ₹ 47,750 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ 48,390 | ₹ 52,790 |
31st May rate | ₹ 47,750 | ₹ 52,100 |
Highest rate in May | ₹ 48,400 on 1st May 2022 | ₹ 52,800 on 1st May 2022 |
Lowest rate in May | ₹ 46,100 on 18th May 2022 | ₹ 50,290 on 18th May 2022 |
Over all performance | Falling | Falling |
% change | -1.31% | -1.31% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ 48,100 | ₹ 52,470 |
30th April rate | ₹ 48,400 | ₹ 52,800 |
Highest rate in April | ₹ 49,860 on 19th April 2022 | ₹ 54,390 on 19th April 2022 |
Lowest rate in April | ₹ 47,650 on 1st April 2022 | ₹ 51,980 on 1st April 2022 |
Over all performance | Rising | Rising |
% change | +0.63% | +0.63% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ 46,700 | ₹ 50,950 |
31st March rate | ₹ 47,650 | ₹ 51,980 |
Highest rate in March | ₹ 50,700 on 9th March 2022 | ₹ 55,310 on 9th March 2022 |
Lowest rate in March | ₹ 46,700 on 1st March 2022 | ₹ 50,950 on 1st March 2022 |
Over all performance | Rising | Rising |
% change | +2.02% | +2.02% |
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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