Verified Kerala Board Rate

Kerala Gold Rate on Friday, 31 May 2024

Buy Zone

1.1% below monthly average

30-day range — 22K₹6,183₹6,553
LowToday ₹6,255High

22 Karat Gold

★ Popular916 Hallmark

₹6,255

(₹50,040 per Pavan)

per gram -54

Other Karat Rates Today

Per gram · Per pavan

24 Karat

999 Fine

₹6,824

/ g

-59

21 Karat

875 · Gulf imports

₹5,971

/ g

-51.545

18 Karat

750

₹5,118

/ g

-44

30-day trend — 22K

7-day high

₹6,333

7-day low

₹6,255

7-day avg

₹6,289

7-day net

-23

Market commentary

The Kerala board rate for 22 Karat gold fell by ₹54 (0.86%) to ₹6,255 per gram on this date, equivalent to ₹50,040 per sovereign (pavan). The 24 Karat rate stood at ₹6,824 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 1.1% below the 30-day average, a softer reading versus the recent trend. Wedding-bound buyers should note: a pavan of 22K is priced at ₹50,040 today.

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