24K Gold Rate
₹15,851
(Per Gram)
22K Gold Rate
₹14,530
(Per Gram)
18K Gold Rate
₹11,889
(Per Gram)
Kannur Gold Rate – 22 Carat Price Today
Kannur Gold Rate for 22 Carat gold is more than just a daily figure. It is a symbol of the long-term association of Kannur with gold as an investment tool and an element of cultural identity. In the region, gold is an essential commodity during weddings, religious activities and significant milestones in lives of people. Most countries use gold in their industrial purposes, but in Kannur, it is a reliable way of long term financial assurance.
Gold has always been more than just a metal. It brings a sense of safety and comfort when times get tough. People trust it in uncertain moments, knowing its shine and value will never fade. When things are stable, the gold rate in Kannur stays steady too, mirroring the quiet confidence of those who invest in it. Nevertheless, when inflation is high or when there is some uncertainty, the rates are more likely to change.
Gold Rate in Kannur – 22 Carat
Gram Today Yesterday
1 ₹ 14,530 ₹ 14,560
8 ₹ 1,16,240 ₹ 1,16,480
10 ₹ 1,45,300 ₹ 1,45,600
100 ₹ 14,53.000 ₹ 14,56.000
Gold Rate in Kannur – 24 Carat
Today 24 Carat Compare Gold Rate In Kerala (Today & Yesterday)
Gram Today Yesterday
1 ₹ 15,851 ₹ 15,884
8 ₹ 1,26,808 ₹ 1,27,072
10 ₹ 1,58,510 ₹ 1,58,840
100 ₹ 15,85,100 ₹ 15,88,400
Gold Rate in Kannur – 18 Carat
Gram Today Yesterday
1 ₹ 11,889 ₹ 11,913
8 ₹ 95,112 ₹ 95,304
10 ₹ 1,18,890 ₹ 1,19,130
100 ₹ 11,88,900 ₹ 11,91,300
Compare Gold Prices in Kerala
Live gold rates in other nearby Kerala cities:
How to Invest in Gold in Kannur
Gold has remained one of the most reliable investment opportunities in Kannur. The steady rise of the Kannur gold rate has made gold an integral part of many households’ financial plans. In spite of the increasing popularity of real estate and equities, gold remains a security and a liquidity preference.
Popular Investment Methods of Gold
1. Gold Jewellery
Jewellery buying is very much embedded in the traditions of Kannur. During festivals and weddings, people usually purchase ornaments made out of gold. Even though jewellery is in the realm of aestheticism and emotionalism, it involves charging and might not offer total returns at the resale point because of the depreciation of designs.
2. Gold Coins and Bars
The advantage of coins and bars is that it is a convenient and low cost investment method. These do not require much assessment, come in various weights and can be bought at reputable jewellers or banks. Resale is however, normally made via jewellers as the banks do not normally repurchase coins.
3. Gold ETFs (Exchange Traded Funds)
Kannur is witnessing the growth of digital gold investing in ETFs. These investments are gold tracked funds traded in the stock markets. They are kept in demat accounts, which are safe and easy to deal with and do not require any physical storage.
Benefits:
Convenient purchases and sales on the internet
No storage or theft concerns
Perfect to be invested in the long run
Worst tax benefits after one year of ownership
4. Gold Mutual Funds and Stocks
The other new strategy is investing in mutual funds or gold-linked shares. The funds can invest in international gold mining firms or gold-related assets and have an exposure to the gold market without possession of the gold.
5. Gold Derivatives
Mature investors can look at gold derivatives such as futures contracts. These need a commodity trading account and are also riskier. Due to its intricacy of it, they can only fit experienced market participants.
Factors Affecting Kannur Gold Rate
The gold price in Kannur is influenced by various local and international factors that shape daily market trends:
Global Gold Market: The world trends in supply and demand have a direct effect on the local prices.
US Dollar Value: When the US dollar is weak, prices of gold tend to go up, and when it is strong, they become low.
Import Costs: Since India is a major importer of gold, the duties and logistic costs are factors.
Local Demand: Wedding and festival seasons normally lead to high prices as a result of buying.
Inflation: Gold is also a hedge against inflation, which will make it more attractive to investors in these situations.
Interest Rates: In case of reduced rates of the fixed deposits, people move to gold because of high returns.
Geopolitical Events: The demand for gold can rise due to reasons such as wars or economic disasters, when people turn to more reliable resources.
Check Today’s Kannur Gold Rate and Invest Smartly
Gold is not just money in Kannur. It is an aspect of life and culture. Knowing the Kannur gold rate helps you buy or invest at the right time. The prices vary depending on the world market, the local market and the rupee value. It is a good idea to keep up to date so that you can make better decisions regarding your savings and future. You can live the day in gold jewellery or digital gold, but you have to be on time. For the latest and most trusted updates on the gold rate in Kannur, visit Gold Rate Kerala.