Kerala is known for its rich culture and strong economy. It plays a big role in India’s gold market. The gold rate in Kerala changes every day.
On December 3, 2024, 1 Pavan gold (8 grams, 22 Carat) costs Rs. 57,040. This is a bit lower than the highest price this month. But it’s still higher than the lowest price.
Gold is very important in Kerala. People there love gold because it shows wealth and tradition. It’s important for investors to know the gold rates in Kerala.
Key Takeaways
- The gold rate in Kerala changes every day.
- On December 3, 2024, 1 Pavan gold (8 grams, 22 Carat) costs Rs. 57,040.
- Gold is very important in Kerala.
- Investors should know the gold rates in Kerala.
- Kerala is a big part of India’s gold market.
Current Gold Price Trends in Kerala
Kerala is a big player in India’s gold market. It accounts for over 20% of the country’s gold use. The gold prices in Kerala have been changing a lot lately. This shows how the local and global gold markets are always moving.
Latest Price Updates and Market Movement
As of December 2, 2024, the 22-carat gold price in Kerala is ₹6,990 per gram. The 24-carat gold price is ₹7,630 per gram. These prices are down by ₹40 and ₹44 from the day before.
Daily Price Fluctuations and Analysis
In the last 10 days, Kerala’s gold prices have changed a lot. On November 29, 2024, the 22-carat gold was ₹7,029 per gram. The 24-carat gold was ₹7,674 per gram. This shows how the gold market kerala is always changing.
Factors Affecting Today’s Rates
The buy gold in kerala prices are affected by many things. Demand and supply, economic conditions, currency markets, and global trends all play a part. Kerala’s role as a major gold jewellery rates kerala center also affects local prices.
Things like import prices, trading volume, and cultural gold use during festivals matter a lot. Kerala’s gold artisan community and many jewelers and retailers also add to the lively buy gold in kerala scene.
Gold Rate in India Kerala – Live Market Updates
In Kerala, the gold market is watched closely by many. As of December 3, 2024, the gold investment kerala market is moving fast. The kerala gold hallmarking rates are changing a lot, showing the market’s ups and downs.
The price of 24 Carat gold in Kerala is now ₹77,340 per 10 grams. This is a small drop from yesterday. The 22 Carat gold rate is ₹70,890 per 10 grams, also down a bit.
Looking back, on December 2, 2024, 24 Carat gold was ₹7,735. This is a big drop of 0.83%. But, on November 20, 2024, 22 Carat gold was ₹7,762, up 0.71%.
The gold biscuits kerala market changes due to many things. Demand and supply, inflation, interest rates, and global trends all play a part. The current interest rates and the balance between demand and supply are key to the price changes.
| Purity | Today’s Rate | Price Change |
|---|---|---|
| 24 Carat | ₹77,340 | -0.01% |
| 22 Carat | ₹70,890 | -0.01% |
When buying gold in Kerala, many trusted jewelers are available. Bhima Jewellery, Malabar Gold and Diamonds, and Kalyan Jewellers are some. Remember, gold imports in Kerala have a 15% custom duty and an extra 3% GST, affecting the price.
“Gold is a popular choice in Kerala, and the kerala gold hallmarking system ensures purity. As the market changes, keeping up with the latest gold investment kerala news is key for smart buying.”
22 Carat vs 24 Carat Gold Prices
When you buy gold jewelry in Kerala, knowing the difference between 22 carat and 24 carat gold is important. The gold rate in india kerala for these two types can be very different. It’s key to choose wisely to get the best deal.
Understanding Purity Standards
22 carat gold is 91.6% pure. 24 carat gold is 99.9% pure. This means 24 carat gold is more expensive because it’s purer.
Price Comparison Between Carats
| Gold Quantity | 22 Carat Gold Price | 24 Carat Gold Price |
|---|---|---|
| 1 gram | ₹7,090 | ₹7,445 |
| 8 grams | ₹56,720 | ₹59,560 |
| 10 grams | ₹70,900 | ₹74,450 |
| 100 grams | ₹7,09,000 | ₹7,44,500 |
Making Informed Purchase Decisions
When looking for kerala gold ornaments, think about your budget and how you’ll use them. 24 carat gold is pricier but might not be the best for daily wear because it’s soft. 22 carat gold jewellery rates kerala are a good mix of purity and strength, great for both keeping and wearing.
“Understanding the differences between 22 carat and 24 carat gold is crucial for making informed purchase decisions in Kerala’s vibrant gold market.”
Historical Gold Price Analysis December 2024
In December 2024, Kerala’s gold market saw some big changes. The highest price recorded was ₹57,200 for 1 Pavan (8 grams) of 22 Carat gold on December 1st. Then, the price went down to ₹56,720 on December 2nd. But now, the price is going up, reaching ₹57,040 on December 3rd.
For gold investors in Kerala, knowing these prices is key. It helps them understand the market and make smart choices. By looking at the gold price today in Kerala and the gold market in Kerala, investors can spot good chances.
| Date | Gold Price (₹ per Pavan) |
|---|---|
| December 1, 2024 | 57,200 |
| December 2, 2024 | 56,720 |
| December 3, 2024 | 57,040 |
The ups and downs in the gold price in Kerala show how fast the gold market in Kerala can change. By watching these changes, investors can find good chances and make smart choices for their gold investment in Kerala.
“Understanding the historical gold price patterns is crucial for making strategic investment decisions in the Kerala gold market.”
Investment Opportunities in Kerala’s Gold Market
Kerala has many gold investment options. You can choose physical gold or digital trading. The state’s gold market is full of choices.
Physical Gold Investment Options
Physical gold is appealing to many. You can buy jewelry, coins, or bars. Kerala’s shops and dealers have a wide selection.
You can buy gold in small or big amounts. Keep an eye on gold rate changes to make smart buys.
Digital Gold Trading Platforms
Kerala also has digital gold trading. You can invest in gold online without physical gold. It’s easy and flexible.
Market Timing Strategies
Timing your gold investments is key. For example, gold prices in Kerala fell by ₹600 for 10 grams on December 2, 2024. Knowing daily price changes helps you make better choices.
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