Kochi or Cochin, one of the oldest port cities of India, has been a centre for trade and commerce for centuries now. Even today, the major portion of India’s gold trade is centred around it. This gorgeous haven offers plenty of opportunities for the common man as well as investors and retail gold buyers. Gold jewellery is an essential part of culture here and is bought to mark weddings and festivities year round. Today Gold rate in Kochi is ₹ 52,290 per 10 grams for 24 Carat and ₹ 47,932 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 5,229 | ₹ 0 |
8 grams | ₹ 41,832 | ₹ 0 |
10 grams | ₹ 52,290 | ₹ 0 |
100 grams | ₹ 5,22,900 | ₹ 0 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 4,793.25 | ₹ 0 |
8 grams | ₹ 38,346 | ₹ 0 |
10 grams | ₹ 47,932 | ₹ 0 |
100 grams | ₹ 4,79,325 | ₹ 0 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
18 May 2022 | ₹ 52,290 | ₹ 47,932 | 0% |
17 May 2022 | ₹ 52,290 | ₹ 47,932 | +0.80% |
16 May 2022 | ₹ 51,875 | ₹ 47,552 | -0.11% |
15 May 2022 | ₹ 51,930 | ₹ 47,602 | 0% |
14 May 2022 | ₹ 51,930 | ₹ 47,602 | -0.27% |
13 May 2022 | ₹ 52,070 | ₹ 47,730 | -1.35% |
12 May 2022 | ₹ 52,785 | ₹ 48,386 | -0.04% |
11 May 2022 | ₹ 52,805 | ₹ 48,404 | -0.19% |
10 May 2022 | ₹ 52,905 | ₹ 48,496 | -0.28% |
09 May 2022 | ₹ 53,055 | ₹ 48,633 | -0.75% |
08 May 2022 | ₹ 53,455 | ₹ 49,000 | 0% |
07 May 2022 | ₹ 53,455 | ₹ 49,000 | +0.39% |
06 May 2022 | ₹ 53,245 | ₹ 48,807 | -0.04% |
05 May 2022 | ₹ 53,265 | ₹ 48,826 | +1.10% |
04 May 2022 | ₹ 52,685 | ₹ 48,294 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ 48,991 | ₹ 53,445 |
30th April rate | ₹ 49,064 | ₹ 53,525 |
Highest rate in April | ₹ 50,714 on 18th April 2022 | ₹ 55,325 on 18th April 2022 |
Lowest rate in April | ₹ 48,477 on 28th April 2022 | ₹ 52,885 on 28th April 2022 |
Over all performance | Rising | Rising |
% change | +0.15% | +0.15% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ 48,010 | ₹ 52,375 |
31st March rate | ₹ 48,798 | ₹ 53,235 |
Highest rate in March | ₹ 51,475 on 9th March 2022 | ₹ 56,155 on 9th March 2022 |
Lowest rate in March | ₹ 48,010 on 1st March 2022 | ₹ 52,375 on 1st March 2022 |
Over all performance | Rising | Rising |
% change | +1.64% | +1.64% |
The entire city is dotted with many small and large dealers of gold, making the purchase quite convenient. Consequently, the city offers plenty of opportunities for the common man as well as investors and retail gold buyers.
Being a commerce hotspot, gold prices in Kochi closely reflect in line with the international prices and policies. Other factors include state taxes, octroi, purity of gold, cost per gram, and domestic demand.
Although bullions, bars, and coins are among the top choices of the locals, the fascination for gold jewellery is unparalleled. This is because the yellow metal holds a great cultural significance in this ancient city and invests in it lavishly on auspicious occasions, festivities, and weddings. Consequently, the demand also shoots up during the same.
Digital and electronic gold makes for another popular choice. It includes Exchange Traded Funds (ETFs), gold funds, gold futures, sovereign gold bonds among other options. The ease of investment, secured storage, and lack of making charges as opposed to jewellery, seem to be important factors for these comparatively newer forms of investment in gold.
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