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Gold Rates in Kerala

Gold Rates in Kerala

Queen of Arabian Sea with 600kms of coastline. A lot of individual Malayalis loves gold and in marriages and other special occasions, gold is a most preferred gift for them. To those who invest and buy Gold we are providing everyday Updated Gold Rates in Kerala.

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22 Karats Gold Rates in Kerala Today (14 Nov 2018)

Gram 22 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 2,905.20 -₹ 4.90
8 gram ₹ 23,241.60 -₹ 39.20
10 gram ₹ 29,052.00 -₹ 49.00
100gram ₹ 290,520.00 -₹ 490.00

24 Karats Gold Rates in Kerala Today (14 Nov 2018)

Gram 24 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,106.30 -₹ 6.20
8 gram ₹ 24,850.40 -₹ 49.60
10 gram ₹ 31,063.00 -₹ 62.00
100gram ₹ 310,630.00 -₹ 620.00

 

22 Karats Gold Rates in Kerala Yesterday (13 Nov 2018)

Gram 22 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 2,900.30 ₹ 0.00
8 gram ₹ 23,202.40 ₹ 0.00
10 gram ₹ 29,003.00 ₹ 0.00
100gram ₹ 290,030.00 ₹ 0.00

 

24 Karats Gold Rates in Kerala Yesterday (13 Nov 2018)

Gram 24 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,100.10 ₹ 0.00
8 gram ₹ 24,800.80 ₹ 0.00
10 gram ₹ 31,001.00 ₹ 0.00
100gram ₹ 310,010.00 ₹ 0.00

Gold Rates in Kerala for last 7 days

Date 22 karats 24 karats
13 Nov 18 ₹ 29,003.00 ₹ 31,001.00
12 Nov 18 ₹ 29,003.00 ₹ 31,001.00
9 Nov 18 ₹ 29,302.00 ₹ 31,335.00
8 Nov 18 ₹ 29,201.00 ₹ 31,296.00
6 Nov 18 ₹ 29,236.00 ₹ 31,326.00
5 Nov 18 ₹ 29,501.00 ₹ 31,562.00
2 Nov 18 ₹ 29,602.00 ₹ 33,803.00

Garph of Gold Rates in Kerala

Why is it so Important to Check purity of gold in Kerala?

 
Not only in Kerala it is important to check the purity of gold before buying. If we see particularly in Kerala there are a number of BIS Hallmarking centers where one can assay their gold. Than going to an assaying center it is advisable to buy hallmarked gold while buying. 
 
Specifically, Hallmark means a triangular mark on the gold or gold jewelry. This mark contains few parameters which specify and guarantees the quality of gold you are buying. There will five important marks and they are:
 
Of them very important one which is BIS logo. This logo is given by Bureau of Indian standards and this standard specify that the gold you are buying is quality gold.
 
Fineness mark - Fineness marks represent how many karats the gold is. For example, if there is a 916 mark on the gold jewelry you are buying. It means the jewelry you buying is 22 karats.
 
Logo of Assaying Center - This logo represents where actually the gold jewelry is assayed. Every assaying center will be having a different logo. So this mark represents where the gold is assayed.
 
Year of Making - Year of making represents in which year the jewelry is manufactured.
 
 Logo of the jeweler - Top jewelers will have the logo of their own. Once a design is manufactured they will print their logo on the gold jewellery. The above two marks year of making and logo of the designer will help when we are planning to sell the gold jewelry in Kerala.

Why buying Gold ETF's is preferred in Kerala?

ETF's which means Exchange Traded Funds. It is better to understand what this means. ETF's Means buying gold not physically but electronically. you will be paying the same amount which you will b paying for 22 karats or 24 karats gold. But you will not have gold handy. It is like a share in the stock market. Even the trade will also happen similar to stock market. For example, you can buy 24 karats 100grams gold and that will be in your portfolio and can sell it anytime. The problem with this you need to buy and sell in market timing you cannot do that in timings such as when the market is closed or on a holiday.

The pro's for going for an ETF is it is a secured and easy method. Their will be no change your gold being theft or lost.
Selling and buying a gold ETF is simple all you need to do is make a call to your stock broker or manager and ask him to buy or sell.

The Con's in buying a gold ETF is you cannot avail a loan on an ETF whereas if you are having physical gold you can avail a loan for the gold you are having.
You cannot sell gold ETF anytime. You have to buy or sell a gold ETF only during Market Timings whereas you buy and sell physical gold whenever you want regardless to market timings.