Today Gold Rate in Kerala

Today Gold Rate in Kerala It is the one of the good asset scheme for malayalees. In 1970 Kerala People so called Malayalees went to gulf countries without any proper document. These clients came back to Kerala with lots of Ornaments. This time onward  metal become the Favourite asset Scheme. During these years rate was too low. By years by years gold rate increased.

Here people do savings in the form of ornaments and Plain Metal. Gold Rate in Kerala changing on the basis of market. Rates changing daily upon market variation. Consumers ready to invest and continuing investment even when the marketing is not good.

Today Gold Rate in Kerala

Today gold rate Kerala increasing day by day so consumers are much interested to invest . They used to buy and sell when they need money. Malayalees used to pledge ornaments to meet their need. When buying gold ornaments jewellery charge the Today Gold Price Kerala  including GST and  making charge.

Nearly 1000 Jewellers are working all over here and they are charging different ornaments making charge so the today gold rate in Kerala also changing.  Rate fluctuating day by day so the total  value also decrease or increase.

This place is one of top consumers in India so big jewellery brands showrooms also working here.Most Kerala clients use this as asset like equity shares, bond and land property. Like other savings  price also varying upon different market factors.

State wise today gold rate kerala changing little bit every day. If we purchase today at 2800 Rupees per gram but price may change on next day like 2900 Rupees per gram. This rate variation encourage India people to purchase  as best asset scheme. This investment start from Child Birth Function to Marriage and Religious Function.

Type of Investment in Gold

  • Jewellery
  • Bars and Coin
  • ETF
  • Funds

Gold Jewellery 

This is oldest way of investing. This method choose purchasing  in the form of ornaments. Based on jewellery design they charge you making cost. This is traditional way of investment. Kerala customers choose this way form of savings.  When you purchase  as ornaments shop charge you making cost and Tax as GST. Cost charge you 3% GST of total purchase.

Gold ornamnets Value in Kerala today including Product Cost, GST and Making Charges. When You sell this same ornaments return to same jewellery shop today gold rate in Kerala  in return less of making charges and wastage. For Long term investment is good for asset but not for short term investing. People used to purchase ornaments more than bars and coins even when  Price is high.

Bars and Coins

Another way of  investing is to purchase bars and coins to save making charges. This way of savings become the best way of savings when compared to above scheme. Gold rate in return will be less when compared to above method. In Kerala Clients are not much interested to buy coins and bars even when the Rate is high. Kerala become the largest  consumers when compred to other state.

In Kerala Bar and Coins are available in standard weight of 5gm, 10gm and 50gm. Bank only sell the Bars and Coins. They are not purchasing the gold back so it is difficult to buy through bank so Consumers seek jewellery shop to sell the same. Rate changing everyday and even today so when selling  become loss or profit. Kerala Customers much active in purchasing gold.

ETF (Exchange Traded Funds)

Gold Jewellery and Bars are offline way of investment. ETF are like buying stocks in stock market. This type of scheme where you are investing money in gold market in commodity market. To start this you need to have demat account.

Brokerage and Demat account Charges are there to start with commodity market.  Exchange traded funds are putting money in commodity market to purchase when gold rate become high trader can sell this at best rate. In This state People are not much aware of this savings scheme. It is cost effective , easy, safe and it is regulated market.  Here the minimum quantity to buy is 1 gram gold. This is like per gram investment scheme.


These are mutual funds where you can invest money in ETF. Trader buy and sell upon rate variation. This type of scheme we can start with minimum of 1000 Rupees. No demat account is required, We can invest online, Monthly SIP is possible, There is no liquidity issue exit.

Investment During Special Day to Save Money in Today Gold Rate in Kerala.

Akshaya Tritiya to Buy at Good Rate

This is a Special Day for Hindus and Jains to buy a this precious metal. Huge number of believers used to buy this metal at nice today gold rate in Kerala. This is special day so customers much active to buy these days as part of their religious believe.

Ornaments shops become more active and placing or refilling  required stocks during these days to attract consumers. During These days customers get nice offers to buy  at best rate. In Kerala Gold Price is little High during but during these days customers get good offers.

Key Factors Impact Today Gold Price in Kerala

Two factors impact the Price

  • International demand
  • Weakening of Rupee against dollar

International Demand

International Demand for the precious metal become high so the price also become high. These factor impacting this metal and others demand. Gold price changes upon demand exit for precious metals like gold and silver. Price are calculating on per gram basis. Today gold rate per gram in Kerala are changing day by day upon demand in international Market.

Weakening of Rupee Against Dollar

Weakening of Indian rupees against dollar also another factor behind gold price become weak. Due to number of factors including politics making the  price down. During the time of writing this article October 2018 gold price become in stable state. Week before Indian rupee became weak against dollar so price also went down.

Where to Buy Gold ?

All over Kerala thousand of jewellery shops spread all over here from small shops to big showrooms. People used to buy all kind of  gold and silver ornaments from these showrooms even when the gold rate Kerala is high. Precious lovers never mind the price or rate. They are much like to purchase .

This Lovers used to visit famous jewellery like Bhima Jewellery, Joy Alukkas, Jos Alukkas, Malabar, Chungath and Kalyan Jewellery. These are the famous jewellery showrooms in kerala. Nearly 1000  showrooms are working all over here including famous and non famous.

About Kerala
It is the south Indian state of india. Formed on 1st November 1956and twenty second largest Indian state. This indan state bordedred by Karnataka to the north . Kerala bordered by tamilnadu to the east and south. By population it is thirteenth largest Indian state by population. Kerala having 14 district and well educated state.
Main revenue  comes from spices, it products and revenue from middleeast. Most of the keralites working in gulf countries since 1960 before gulf countries become rich.Kerala is the one of the most clean state in india and it has hospital, bank and schools in every village.
This is the one and only state in india having these facility. This is the state where least corruption state in india and people well educated when compared to other state. All people will have minimum education of 10th class.
Kerala state have 4 international airport and it is most famous by ayurveda and spices. This places also is rich in spice.
Kerala state holding the twelth largest economy in india and it has highest HDI Status in india. This state also rich in rubber and green pepper. This state exporting rubber and spcices to abroad. This is also the other revenue source of this state.
Gold is the other form of investment in kerala, They buy it as ornaments and they sell when they need liquid cash by selling or pleding to finace or jewellery.

Top Jewellery Shops in Kerala

Kerala is most familiar with Jewellery Shops leading companies having their outlet in this place. More over people are also using gold in large scale. So top companies branches also started in this state. Largest selling brands like bhima, malabar gold and diamonds, joy aukkas, jose alukkas, atlas, temple, josco, sunny diamonds, chungath, chiriyankandath and other famous brands having their outlet in kerala.

Bhima one of the best and top  sellers in india based in kerala. Joy and Jose Alukkas also another leading brands. Chungath jewellery based in thrissur having outlet in kochi and other part of kerala. Most people used to go bhima jewellery to buy gold items.

Malabar old and diamonds are also famous jewellery and it is having showrooms all over here due to largest enquiry from different part of this place. Malabar Gold and Diamonds are from malabar region started as small company and it become largest brand in india.

Taking Gold Loan in Kerala

As we said kerala poeple used to invest in gold for the last 50 years so these people used to pledge and sell the items when they need money. They sell their items to these jewelries and other finance companies.
These jewellery showroom accept these ornaments on the basis of bis hall mark and 916 trade mark to ensure the quality of the items. These are making by mixing strongs metals with pure gold so they ensure the quality of items by checking the mixing ratio.

Gold loan is easy to get for small amount but for amount it is not easy job as we undergo different verification process so it is not easy deal. While we sell  to jewellery showrooms like bhima they take only their own  ornaments by checking the bill during the purchase. So some time selling gold to jewelry is not an easy task.

Some small gold shop are so friendly to sell our property, They are willing to accept gold which purchased from other jewelries. Some time people exchange to buy new one. In gold exchange some jewelries are willing to accept other shops products.

When we take gold loan it is easy to get money from almost all the finance companies. Private finance company give good money to the customers as gold loan but they charge high interest rate. Due to this reason it may discourage people to take back their property after loan period so it is not good decision. When we go to the these private finance companies we must know about the interest rate before taking it. People like us will be in trouble when we go to take back our property back.

Private companies like chemmanur finance put huge interest on gold loan but they give descent amount as loan. Government companies like ksfe and local bank under state government used to give less amount as  loan but they put very low interest on our properties.

When we compare private and government companies both companies are good in different terms. Government company give less amount as gold loan and charging very low interest. Private companies give descent amount as loan but they charge huge interest rate on our property.

Gold Carat

Carat means the purity of gold, We can also find the purity  by checking the carat. This gives an idea about the purity of gold while we buy. It is also refer to as the ratio of gold and alloy mixed. Gold ornaments manufacturing by mixing the gold and alloy such as copper. This method can be used to know the purity of this metal. 24 Karat  is the pure gold where we have an idea about purity. 24K Gold means, it is 99% pure while 22K is 91% pure gold. 18K is 75 % pure. This way we can find the quality of this product.

What is 916 Gold

916 Gold is used to know the purity of gold there you will have an idea about  quality while we buy gold. When we sell the gold, buyer ensure the quality of item by checking whether it is 916 or not. It means 91.6 grams of gold mixed in 100 gram alloy. It is also same as to 22K.

Things to do when you buy gold

These things to be noted when buy gold
1. You must check the today gold rate through online or offline.
2. Find the best jewellery showroom nearby.
3. Check the purity
4. Ask to the sales person about making charges and gst.
5. After buying the item ask them about gst billed receipt to sell this in future without any issue.

How Much tax need to pay while buy gold

We have to pay 12.4 tax to buy  before implemented gst but now tax gone high. You have to pay 14 % tax to purchase ornaments.

What is the gold rate district wise

Kerala has 14 districts Trivandrum is the capital city then kollam, pathanamthitta, alapuzha, idukki, kottayam, kochi, thrissur, palakkad, malappuram, vayanad, calicut, kannur, and kasargode. Gold rate in kerala is same as to other districts. According to google gold rate keyword searches are coming from kochi, thrissur, trivandrum, calicut and kottayam. We can use this search chart to knwo the best cosnumers in this state. people from these districts may use it as an investment.

Last Updated on Mar 12, 2019

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