Kottayam, Kerala – August 21, 2025: The gold market in Kottayam saw a minor dip today as rates declined slightly compared to yesterday. The price of 24K gold stands at ₹10,014 per gram, while 22K gold is priced at ₹9,179 per gram. Both purities recorded a marginal decrease of ₹1 per gram.
📊 Gold Rate Trends in Kerala (Last 10 Days)
Gold prices in Kerala have remained relatively stable over the past ten days, with small fluctuations.
- 24K Gold: Ranged between ₹10,014 and ₹10,140 per gram
- 22K Gold: Ranged between ₹9,179 and ₹9,295 per gram
- 10-Day Average:
- 24K Gold: ₹10,172.40 per gram
- 22K Gold: ₹9,324.50 per gram
When compared to the yearly average, gold is trading at a significantly higher level:
- 1-Year Average (24K): ₹8,724.44 per gram
- 1-Year Average (22K): ₹7,997.30 per gram
This reflects a strong upward trend in gold prices over the past year.
🌍 Factors Influencing Gold Prices in India
Gold prices in India, including Kerala, are influenced by multiple global and domestic factors:
- Global Market Trends: Economic performance in the US, China, and EU; inflation and interest rates.
- Geopolitical Uncertainty: Investors often prefer gold as a safe-haven asset during crises.
- Currency Fluctuations: A stronger US dollar increases gold prices in India, while a weaker dollar brings relief.
- Domestic Demand: Festivals like Diwali, Akshaya Tritiya, and the wedding season drive up demand.
- Government Policies: Import duties, GST, and other regulations impact local pricing.
💡 Best Time to Buy Gold in Kerala
- Festive Seasons: Buying during Akshaya Tritiya, Dhanteras, and Diwali is considered auspicious.
- Seasonal Lows: Prices often soften in January–February and during the monsoon season (July–September).
- Market Strategy: Tracking price dips and buying in parts can help investors average out costs effectively.
⚠️ Local Variations in Rates
It is important to note that gold prices can vary slightly between different towns and jewelers. For example, rates in Koovappally may differ from Kottayam city due to local market conditions, purity considerations, and reporting times. Buyers are always advised to check the latest gold rate with trusted local jewelers before making a purchase.
📌 Conclusion
On August 21, 2025, the gold rate in Kottayam stands at ₹10,014 per gram for 24K gold and ₹9,179 per gram for 22K gold, marking a minor decline from yesterday. With global and domestic factors at play, gold continues to be a reliable investment and a culturally significant asset in Kerala.
