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Whether in the form of tangible assets like coins and ornaments or through demat accounts, gold remains a preferred choice for investors in Kochi. If you are planning to purchase this valuable asset, it is essential to be aware of the current gold prices in the city.

Gold Price in Kochi

The following table provides the latest price of gold in Kochi:

Weight

24 Karat Gold Rate Today

24 Karat Gold Rate Yesterday

Price Difference

1 g

₹ 6,338

₹ 6,338

 ₹ 0

10 g

₹ 63,380

₹ 63,380

 ₹ 0

100 g

₹ 6,33,800

₹ 6,33,800

 ₹ 0

*Disclaimer: The aforementioned rates are subject to change as per market conditions.

22 & 24 Karat Gold Rate in Kochi in the Last 10 Days

The following table shows fluctuations in gold prices in Kochi over the last 10 days:

Date

Standard 22 Karat Gold

Pure 24 Karat Gold

1 g

10 g

1 g

10 g

Feb 23, 2024

₹ 5,750.00

₹ 57,500.00

₹ 6,038.00

₹ 60,380.00

Feb 22, 2024

₹ 5,750.00

₹ 57,500.00

₹ 6,038.00

₹ 60,380.00

Feb 21, 2024

₹ 5,760.00

₹ 57,600.00

₹ 6,048.00

₹ 60,480.00

Feb 20, 2024

₹ 5,735.00

₹ 57,350.00

₹ 6,022.00

₹ 62,220.00

Feb 19, 2024

₹ 5,745.00

₹ 57,450.00

₹ 6,032.00

₹ 62,320.00

Feb 18, 2024

₹ 5,720.00

₹ 57,200.00

₹ 6,006.00

₹ 60,060.00

Feb 17, 2024

₹ 5,720.00

₹ 57,200.00

₹ 6,006.00

₹ 60,060.00

Feb 16, 2024

₹ 5,710.00

₹ 57,100.00

₹ 5,996.00

₹ 59,960.00

Feb 15, 2024

₹ 5,690.00

₹ 56,900.00

₹ 5,975.00

₹ 59,750.00

Feb 14, 2024

₹ 5,700.00

₹ 57,000.00

₹ 5,985.00

₹ 59,850.00

*Disclaimer: The rates are subject to change as per market conditions.

Points to Remember When Buying Gold in Kochi

Here are key considerations when purchasing gold in Kochi:

  • Stay up-to-date with the current gold rates

  • Consider making charges associated with the purchase

  • Verify BIS (Bureau of Indian Standards) hallmarks 

  • Buy gold from authorised stores only

  • Ask for a receipt and certificate of authenticity

  • Check the purchased gold’s weight

Gold Investment in Kochi

As an investor in Kochi, you can explore multiple avenues for gold investment like:

  • Physical gold, including coins, bars, and jewellery

  • Gold exchange-traded funds (ETFs)

  • Sovereign gold bonds (SGBs)

  • Gold mutual funds

 

Make sure that your investment choices align with your goals and risk tolerance. Also, carefully evaluate the advantages and considerations of each option before investing.

FAQs

How can I find out the gold rate in Kochi?

You can check the rates online with a quick web search or by approaching the nearest authorised gold store.

Does the price of gold change daily in Kochi?

The price of gold in Kochi can fluctuate daily as it is affected by multiple factors.

What factors contribute to changes in Kochi's gold rates?

Several factors influence gold prices in Kochi, like:

  • Macroeconomic conditions

  • Global gold prices

  • Changes in India Bullion and Jewellers Association Ltd.’s (IBJA) benchmark price

  • Demand and supply of gold in the region

  • Currency rate fluctuations

  • Interest rate changes that affect gold demand

  • Import duties imposed by the government

  • Gold reserves of the government

What is the meaning of 24-karat gold?

24 karats refers to the purity of the gold. It signifies that the gold is 99.9% pure and that no other metals are mixed with it.

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