Gold rates in Kerala have witnessed a sharp uptick today, driven by rising global demand, fluctuations in currency, and increasing local purchase activity ahead of upcoming festivals and weddings. Buyers are watching closely as the precious metal continues to climb.

Current Rates: 24K, 22K & 18K Gold

• 24-carat gold is trading at approximately ₹12,317 per gram
• 22-carat gold is priced around ₹11,290 per gram
• 18-carat gold is hovering near ₹9,238 per gram

These rates reflect a significant day-on-day rise across purities, showcasing growing optimism among both consumers and investors.

What’s Fueling the Rise?

1. Strong Global Sentiment for Safe Havens
   With geopolitical uncertainty and volatile equity markets, many investors are turning to gold as a refuge. This increased international demand is pushing prices upward.
2. Weakening Rupee Against the Dollar
   A softer rupee makes gold imports costlier in domestic terms. Importers pass on the extra cost, which pushes up local rates.
3. Festival & Wedding Season Demand
   In Kerala, gold holds cultural significance — demand often spikes during festivals like Onam, Vishu, and in the build-up to marriage season. This seasonal demand adds upward pressure.
4. Import & Supply Constraints
   Rising import duties, logistical issues, and constrained supply channels are squeezing margins for suppliers and jewellers, who adjust retail prices accordingly.

Impact on Buyers & Investors

• Consumers: For those planning to purchase gold, timing becomes critical. While some may rush to buy before rates escalate further, others might wait, hoping for a short-term dip.
• Investors: Many see this sustained rally as a buying opportunity—especially in an uncertain economic climate. Gold continues to act as a portfolio hedge against inflation and stock market volatility.

Risks & What to Watch

• Volatility: Sharp corrections aren’t uncommon after aggressive rallies. Profit-taking or global policy moves could trigger pullbacks.
• Central Bank & Monetary Policies: Shifts in U.S. interest rates or actions by global central banks can directly impact gold’s direction.
• Local Market Moves: Any change in Indian import duties, taxes, or hallmarking rules may influence retail pricing.

Final Thoughts

Gold rates in Kerala have surged today, with 24K, 22K, and 18K varieties all seeing sharp increases. Powered by heightened demand, currency weakness, and supply-side pressures, the market remains bullish. For buyers and investors alike, staying updated on trends and monitoring global developments will be crucial in making informed decisions.