Verified Kerala Board Rate

Kerala Gold Rate on Monday, 3 July 2023

Buy Zone

1.4% below monthly average

30-day range — 22K₹5,064₹5,259
LowToday ₹5,089High

22 Karat Gold

★ Popular916 Hallmark

₹5,089

(₹40,712 per Pavan)

per gram -7

Other Karat Rates Today

Per gram · Per pavan

24 Karat

999 Fine

₹5,552

/ g

-7

21 Karat

875 · Gulf imports

₹4,858

/ g

-6.682

18 Karat

750

₹4,164

/ g

-5

30-day trend — 22K

7-day high

₹5,098

7-day low

₹5,064

7-day avg

₹5,083

7-day net

-9

Market commentary

The Kerala board rate for 22 Karat gold fell by ₹7 (0.14%) to ₹5,089 per gram on this date, equivalent to ₹40,712 per sovereign (pavan). The 24 Karat rate stood at ₹5,552 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 1.4% below the 30-day average, a softer reading versus the recent trend. Wedding-bound buyers should note: a pavan of 22K is priced at ₹40,712 today.

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