Today Gold Rate in Kerala is Rs. 50,486.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
The southernmost State of India– Kerala is not only famed due to its incredible landscape and tourist backdrop but also known for the fondness of its people towards Gold, specifically gold ornaments. As per a leading business journal-commodity online, Kerala is the top consumer of gold in the country.
Apart from being used as a wearable, Gold jewellery can also act as a tool to tide over financial emergencies. There are different ways one can own gold. One can go with a traditional approach which is to buy gold jewellery/ gold coins, but it won’t earn you interest. To earn from your gold investments you can choose gold mutual funds or ETFs, Sovereign gold funds and such tools. Gold is considered one of the most preferred investments not only in Kerala but across India, especially as a hedge against economic crises and inflation. Though there are phases when markets witness a fall in gold prices, it usually doesn’t last for long.
More about gold investment options available in India and how different factors affect current gold rate in Kerala are discussed below: