Verified Kerala Board Rate

Kerala Gold Rate on Friday, 17 February 2023

Buy Zone

2.0% below monthly average

30-day range — 22K₹4,912₹5,119
LowToday ₹4,918High

22 Karat Gold

★ Popular916 Hallmark

₹4,918

(₹39,344 per Pavan)

per gram -7

Other Karat Rates Today

Per gram · Per pavan

24 Karat

999 Fine

₹5,365

/ g

-8

21 Karat

875 · Gulf imports

₹4,694

/ g

-6.682

18 Karat

750

₹4,024

/ g

-6

30-day trend — 22K

7-day high

₹4,969

7-day low

₹4,912

7-day avg

₹4,940

7-day net

-51

Market commentary

The Kerala board rate for 22 Karat gold fell by ₹7 (0.14%) to ₹4,918 per gram on this date, equivalent to ₹39,344 per sovereign (pavan). The 24 Karat rate stood at ₹5,365 per gram.

The market has lacked conviction this week, alternating between small gains and losses. Today's price is in the lower portion of where it's been this month, historically a buying window.

The current rate is 2.0% below the 30-day average, a softer reading versus the recent trend. Wedding-bound buyers should note: a pavan of 22K is priced at ₹39,344 today.

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