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Today Gold Rate In Kerala

21 May 2022

gold rate today

22-carat gold Rate

₹4837

(Per Gram)

gold price today

24-carat gold Rate

₹5173

(Per Gram)

22 Carat & 24 Carat Compare Gold Rates In Kerala (Today & Yesterday)

Gold Rate TodayGold Rate YesterdayGold Rate Change(%)
22 Carat483748010.74%
24 Carat517351340.75%

Today 24 Carat Compare Gold Rate In Kerala (Today & Yesterday)

Gram24 Carat Gold Price Yesterday24 Carat Gold Price TodayDaily Price
1 GRAM513451730.75%
8 GRAM41072413840.75%
10 GRAM51340517300.75%
100 GRAM513400051730000.75%

Today 916 KDM Gold Rate In Kerala (Today & Yesterday)

Gram916 KDM Gold Rate Yesterday916 KDM Gold Rate TodayDaily Price
1 GRAM513451730.75%
8 GRAM41072413840.75%
10 GRAM51340517300.75%
100 GRAM513400051730000.75%

Today 22 Carat Compare Gold Price In Kerala (Today & Yesterday)

Gram22 Carat Gold Price Yesterday22 Carat Gold Price TodayDaily Price
1 GRAM480148370.74%
8 GRAM38408386960.74%
10 GRAM48010483700.74%
100 GRAM480100048370000.74%

22 & 24 Carat Gold Rates In Kerala for Last 30 Days

DateStandard Gold - 22 KPure Gold - 24 K
1 gram8 grams1 gram8 grams
2022-05-21₹ 4,837₹ 38,696₹ 5,173₹ 41,384
2022-05-20₹ 4,801₹ 38,408₹ 5,134₹ 41,072
2022-05-19₹ 4,755₹ 38,040₹ 5,085₹ 40,680
2022-05-18₹ 4,726₹ 37,808₹ 5,055₹ 40,440
2022-05-17₹ 4,783₹ 38,264₹ 5,116₹ 40,928
2022-05-16₹ 4,729₹ 37,832₹ 5,058₹ 40,464
2022-05-15₹ 4,724₹ 37,792₹ 5,052₹ 40,416
2022-05-14₹ 4,724₹ 37,792₹ 5,052₹ 40,416
2022-05-13₹ 4,745₹ 37,960₹ 5,075₹ 40,600
2022-05-12₹ 4,828₹ 38,624₹ 5,164₹ 41,312
2022-05-11₹ 4,781₹ 38,248₹ 5,114₹ 40,912
2022-05-10₹ 4,830₹ 38,640₹ 5,166₹ 41,328
2022-05-09₹ 4,874₹ 38,992₹ 5,213₹ 41,704
2022-05-08₹ 4,879₹ 39,032₹ 5,219₹ 41,752
2022-05-07₹ 4,879₹ 39,032₹ 5,219₹ 41,752
2022-05-06₹ 4,830₹ 38,640₹ 5,166₹ 41,328
2022-05-05₹ 4,845₹ 38,760₹ 5,182₹ 41,456
2022-05-04₹ 4,809₹ 38,472₹ 5,143₹ 41,144
2022-05-03₹ 4,809₹ 38,472₹ 5,143₹ 41,144
2022-05-02₹ 4,873₹ 38,984₹ 5,211₹ 41,688
2022-05-01₹ 4,886₹ 39,088₹ 5,226₹ 41,808
2022-04-30₹ 4,886₹ 39,088₹ 5,226₹ 41,808
2022-04-29₹ 4,887₹ 39,096₹ 5,226₹ 41,808
2022-04-28₹ 4,850₹ 38,800₹ 5,188₹ 41,504
2022-04-27₹ 4,900₹ 39,200₹ 5,241₹ 41,928
2022-04-26₹ 4,893₹ 39,144₹ 5,233₹ 41,864
2022-04-25₹ 4,975₹ 39,800₹ 5,321₹ 42,568
2022-04-24₹ 4,972₹ 39,776₹ 5,318₹ 42,544
2022-04-23₹ 4,972₹ 39,776₹ 5,318₹ 42,544
2022-04-22₹ 4,979₹ 39,832₹ 5,325₹ 42,600
2022-04-21₹ 5,022₹ 40,176₹ 5,371₹ 42,968

Historical Price of Gold Rates In Kerala

The trend of Gold Rate in Kerala for May 2022 (rates per gram for 22/24 carat gold)

Gold Rates22 Carat24 Carat
May 1st RateRs. 4,837 /- per gramRs. 5,173 /- per gram
May 21th RateRs. 4,886 /- per gramRs. 5,226 /- per gram
Highest May RateRs. 4,886 /- per gramRs. 5,226 /- per gram
Lowest May RateRs. 4,724 /- per gramRs. 5,052 /- per gram

The trend of Gold Rate in Kerala for April 2022 (rates per gram for 22/24 carat gold)

Gold Rates22 Carat24 Carat
April 1st RateRs. 4,886 /- per gramRs. 5,226 /- per gram
April 30th RateRs. 4,943 /- per gramRs. 5,286 /- per gram
Highest April RateRs. 5,105 /- per gramRs. 5,460 /- per gram
Lowest April RateRs. 4,850 /- per gramRs. 5,188 /- per gram

The trend of Gold Rate in Kerala for March 2022 (rates per gram for 22/24 carat gold)

Gold Rates22 Carat24 Carat
March 1st RateRs. 4,930 /- per gramRs. 5,272 /- per gram
March 31th RateRs. 4,841 /- per gramRs. 5,177 /- per gram
Highest March RateRs. 5,292 /- per gramRs. 5,660 /- per gram
Lowest March RateRs. 4,841 /- per gramRs. 5,177 /- per gram

The trend of Gold Rate in Kerala for February 2022 (rates per gram for 22/24 carat gold)

Gold Rates22 Carat24 Carat
February 1st RateRs. 4,826 /- per gramRs. 5,161 /- per gram
February 28th RateRs. 4,513 /- per gramRs. 4,827 /- per gram
Highest February RateRs. 4,862 /- per gramRs. 5,200 /- per gram
Lowest February RateRs. 4,513 /- per gramRs. 4,827 /- per gram

The trend of Gold Rate in Kerala for January 2022 (rates per gram for 22/24 carat gold)

Gold Rates22 Carat24 Carat
January 1st RateRs. 4,511 /- per gramRs. 4,824 /- per gram
January 31th RateRs. 4,585 /- per gramRs. 4,903 /- per gram
Highest January RateRs. 4,653 /- per gramRs. 4,976 /- per gram
Lowest January RateRs. 4,481 /- per gramRs. 4,792 /- per gram

Kerala, known for its natural beauty and humble people has always witnessed substantial consumption of gold in various forms and patterns. The state sees a heavy demand for gold especially during festive seasons and during marriages or naming ceremonies. Malayalees or the people of Kerala would travel frequently to the Gulf to bring back substantial quantities of gold.

We all know that gold is a precious commodity and it makes for a good investment option especially for those looking at long term returns from their investment. Gold prices keep fluctuating based on a range of factors including seasonal demand, the strength of the US Dollar etc.

How to invest in gold in Kerala?

Here are some of the ways of investing in gold in Kerala:

  • Jewellery - The traditional form of investing in gold is by buying jewellery or gold ornaments. However, these days people prefer other options like bars, gold coins or even digital forms like Gold Sovereign Bonds or Gold ETFs. The latter is especially preferred when trying to save on making charges of gold.
  • Gold coins or bars - Gold coins and bars are always better investment formats as compared to jewellery since one can save on making charges. It is advisable to buy gold bars and coins from reputed jewellers or banks.
  • Gold ETF: Gold Exchange Traded Funds or ETFs are a form of mutual fund that invests in gold. The units of such mutual fund schemes are listed on stock exchanges.

Additional read – Best gold loans in Cochin

How to sell gold in Kerala?

Since gold offers sufficient liquidity, it can be easily and instantly turned into cash when needed. Often, people prefer to sell gold at the same shop from which it is bought to ensure a smooth transaction and avoid any fraudulent deals.

What are the factors affecting gold prices in Kerala?

Gold prices are affected by many factors. Mentioned here are some of the important factors to note:

  • Inflation: Gold can have a significant value while offsetting inflation in case of market fluctuations. To offset inflation, people invest in gold. This increases the price in domestic and international markets.
  • Government gold reserves: RBI, the central bank of India, holds currency and gold reserves since every unit of currency must be backed up by gold reserves. In case of an increase in gold reserves, there is an increased inflow of cash in the market. This affects gold prices.
  • Jewellery: Gold jewellery and ornaments are part of most Indian households. These contribute significantly to increasing demand and supply of gold, especially in festive seasons as well as wedding seasons.

Recommended read – Silver rates in Kerala

How do gold rates in Kerala differ?

Kerala is known to have one of the lowest gold rates in the country. People from across the country often visit the state to buy gold jewellery from Kerala. Experts often advise buyers to buy the precious metal from the state. While buying gold from Kerala, there are several factors to be considered. Listed here are some of them:

  • It is important to note that gold rates differ across cities and states. Therefore, one must ensure to check the ongoing prices of gold in the specific state before buying it.
  • Many jewellery stores in Kerala may apply different gold rates at different times. Therefore, always enquire before making a purchase. It is a good idea to always call and check.
  • Seeing and determining whether the gold is hallmarked is another important factor. This helps in being sure about the quality of gold.

All these points can help investors in making the right purchase and also timing the purchase of gold appropriately.

Conclusion

Kerala has numerous jewellery shops across many cities, including Cochin, Thiruvanthapuram, Calicut, etc. Even smaller towns across the state have many jewellery shops. People in the state can buy gold from some of the popular shops include Malabar Gold, Joy Alukkas, Jos Alukkas, etc. Investors can also trade in gold through the state’s stock exchanges.

Gold Rate Kerala FAQs

1. What is the rate of one Pavan gold?

One Pavan gold may cost approximately Rs. 35,080 as per ongoing rates.

2. Why is gold cheap in Kerala?

The gold rate in Kerala is relatively cheap due to the high demand in local markets. The state sees very few fluctuations in the demand for the precious metal, hence, prices are often stagnant.

3. Will the gold price increase in Kerala?

The gold rate in Kerala has seen a marginal rise since May this year. Owing to a fall in the dollar value, gold prices have risen and are expected to rise further in Kerala.

4. Which country has the cheapest gold?

Hong Kong is currently known to be the cheapest place to buy gold across the globe.

5. Is it the right time to buy gold?

Investors who are looking to hold the investment for at least medium to long term can invest in gold currently.

6. Which form of gold investment is best?

Investment experts often advise investment in gold ETFs since this form of investment is price efficient and maximises returns for investors.

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