Today's Gold Rate in Kollam

In a city like Kollam, where gold plays a central role in family traditions and investment planning, keeping track of its price is crucial. Whether purchased for weddings, festive celebrations, or as a long-term hedge against inflation, gold holds significant value for residents.

 

Gold prices, however, are not constant. They fluctuate daily due to factors such as global market trends, currency exchange rates, and local demand. These variations cause gold rates to differ across cities.

 

If you reside in Kollam and are considering buying gold, staying informed about the current gold rate in your city is essential. Whether purchasing gold for a special event or as a financial safeguard, tracking today’s gold price in Kollam helps you make well-timed decisions.

Check out the gold price today in Kollam for different weights below.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,174	₹9,174	₹0
10 Gram	₹91,740	₹91,740	₹0
100 Gram	₹917,400	₹917,400	₹0

Gold price in Kollam with fluctuations in the last few days, is shown below:

Gold price in Kollam with fluctuations in the last few days, is shown below:

Gold prices in Kollam maintained their upward momentum in June 2025, showing a steady increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of June.

 

Gold Prices on 1st June 2025

• 22-Karat Gold: ₹8,920 per gram
• 24-Karat Gold: ₹9,732 per gram

 

Gold Prices on 30th June 2025

• 22-Karat Gold: ₹8,915 per gram
• 24-Karat Gold: ₹9,726 per gram

 

Highest Gold Price in June 2025

The highest recorded price of gold during the month was on 14th June 2025:

• 22-Karat Gold: ₹9,320 per gram
• 24-Karat Gold: ₹10,168 per gram

 

Lowest Gold Price in June 2025

The lowest recorded price of gold during the month was on 30th June 2025:

• 22-Karat Gold: ₹8,915 per gram
• 24-Karat Gold: ₹9,726 per gram

 

Overall Performance

Gold prices in Kollam declined slightly in June 2025, with both 22‑K and 24‑K showing a minor downward trend.

Gold prices in Kollam continued their upward trend in May 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31st of May.

 

Gold Prices on 1st May 2025

• 22-Karat Gold: ₹8,775 per gram
• 24-Karat Gold: ₹9,573 per gram

 

Gold Prices on 31st May2025

• 22-Karat Gold: ₹8,920 per gram
• 24-Karat Gold: ₹9,732 per gram

 

Highest Gold Price in May 2025

The highest recorded price of gold during the month was on 8th May 2025:

• 22-Karat Gold: ₹9,130 per gram
• 24-Karat Gold: ₹9,960 per gram

 

Lowest Gold Price in May 2025

The lowest recorded price of gold during the month was on 15th May 2025:

• 22-Karat Gold: ₹8,610 per gram
• 24-Karat Gold: ₹9,393 per gram

 

Overall Performance

Gold prices experienced a mild decline of about 0.33% for both purities in May 2025.

Gold prices in Kollam continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.

 

Gold Prices on 1st April 2025

• 22-Karat Gold: ₹9,040 per gram
• 24-Karat Gold: ₹9,830 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹9,490 per gram
• 24-Karat Gold: ₹10,320 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 24th April 2025:

• 22-Karat Gold: ₹9,580 per gram
• 24-Karat Gold: ₹10,410 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 7th April 2025:

• 22-Karat Gold: ₹8,980 per gram
• 24-Karat Gold: ₹9,780 per gram

 

Overall Performance

Gold prices in Kollam showed a +4.99% increase in April 2025.

Gold prices in Kollam fluctuate due to several key factors. Here’s what influences them:

• Global Market Trends

International demand, supply levels, and geopolitical events play a significant role in determining gold prices

• Inflation

Rising inflation increases gold’s appeal as a hedge, leading to higher demand and prices

• Currency Exchange Rates

Gold is globally traded in US Dollars, so fluctuations in the Rupee-to-Dollar exchange rate directly impact local gold prices

• Local Demand

Festivals, weddings, and cultural preferences in Kollam can influence demand, causing price fluctuations

• Government Policies

Import duties, taxes, and policies set by the Reserve Bank of India (RBI) play a crucial role in shaping gold prices

The Goods and Services Tax (GST) plays a key role in determining the overall cost of gold in Kollam.

 

Here’s how it affects pricing:

GST on Gold Purchases

A 3% GST is levied on the value of gold at the time of purchase. This additional cost increases the overall price of gold.

GST on Making Charges

A 5% GST is applied to making charges for gold jewellery. This is especially important for intricate designs where craftsmanship costs are higher.

Overall Cost Implication

The combined effect of GST on both gold value and making charges significantly increases the final price of gold jewellery. Buyers in Kollam should factor in these costs while planning their purchases to avoid unexpected expenses.

Gold rates directly influence the loan amount you can secure when applying for a gold loan in Kollam. The loan value is determined based on the current gold price, with lenders offering a percentage of the gold’s market value as the loan amount. 

 

When gold prices rise, the value of the pledged gold increases, allowing borrowers to access higher loan amounts. Conversely, when gold prices fall, the loan amount you can get decreases. Keeping an eye on gold rate fluctuations helps borrowers make informed decisions about when to apply for a gold loan for maximum benefit.