Today's Gold Rate in Kozhikode

Gold continues to symbolise wealth and security in Kozhikode, holding cultural significance and serving as a reliable investment. Those interested in investing can choose from options such as traditional jewellery, coins, bars, gold ETFs, and sovereign gold bonds. 

Gold price varies due to factors like currency fluctuations and government regulations. As rates  of gold change daily, staying updated on the current gold rate in Kozhikode is essential. Understanding these factors can help optimise investment choices. Tracking prices according to purity ensures smarter and more profitable purchases.

Gold prices in Kozhikode 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: ₹9,230 per gram
• 24-Karat Gold: ₹10,010 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹9,670 per gram
• 24-Karat Gold: ₹10,520 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 26th April 2025:

• 22-Karat Gold: ₹9,760 per gram
• 24-Karat Gold: ₹10,610 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: ₹9,190 per gram
• 24-Karat Gold: ₹9,970 per gram

 

Overall Performance

Gold prices in Kozhikode showed a +4.76% increase in April 2025.

Gold prices in Kozhikode continued their upward trend in March 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 31th of March.

 

Gold Prices on 1st March 2025

• 22-Karat Gold: ₹8,990 per gram
• 24-Karat Gold: ₹9,760 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹9,230 per gram
• 24-Karat Gold: ₹10,010 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 28th March 2025:

• 22-Karat Gold: ₹9,260 per gram
• 24-Karat Gold: ₹10,040 per gram

 

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 5th March 2025:

• 22-Karat Gold: ₹8,970 per gram
• 24-Karat Gold: ₹9,740 per gram

 

Overall Performance

Gold prices in Kozhikode showed a +2.67% increase in March 2025.

Gold prices in Kozhikode continued their upward trend in February 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 28th of February.

 

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹8,860 per gram
• 24-Karat Gold: ₹9,620 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹8,990 per gram
• 24-Karat Gold: ₹9,760 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 23rd February 2025:

• 22-Karat Gold: ₹9,020 per gram
• 24-Karat Gold: ₹9,790 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 6th February 2025:

• 22-Karat Gold: ₹8,820 per gram
• 24-Karat Gold: ₹9,580 per gram

 

Overall Performance

Gold prices in Kozhikode showed a +1.46% increase in February 2025.

Factors like demand-supply, inflation, rupee-dollar dynamics, and interest rate changes influence the gold price in Kozhikode. Here’s more:

Festive and Wedding Seasons

Gold demand in India rises during festive and wedding seasons, impacting market dynamics. Increased demand leads to higher prices, while lower demand results in a price decrease.

Inflation Hedge

Gold acts as a hedge against inflation, maintaining its value even during economic slowdowns. As inflation rises, price of gold tend to increase while other investments may struggle.

Interest Rates

Gold prices are inversely related to interest rates. Higher interest rates prompt investors to sell gold for profit, while lower rates encourage gold purchases.

Government Policies

Government reserves, policies, and taxes influence gold prices. Decisions by the Indian government and RBI create price variations.

The Goods and Services Tax (GST) is a government-applied tax in India that covers various goods and services, including gold. Anyone planning to buy gold needs to be aware of the applicable GST rates to accurately determine the total cost of the investment.

 

As per current regulations, a 3% GST is charged on the purchase of gold items, whether it is 24K, 22K, or 18K gold. Additionally, a 5% GST applies to making charges for gold jewellery, while imported gold attracts a 12.5% import duty. 

 

Understanding these charges allows for better cost estimation and helps prevent unexpected expenses.

The amount that can be borrowed through a gold loan depends on its current market value, regardless of the purchase date. Higher gold prices increase the loan amount, while lower prices reduce the borrowing potential.

 

Lenders use the Loan-to-Value (LTV) ratio to determine the loan amount, which is capped at 75% as per RBI guidelines. Staying informed about gold prices and LTV ratio is crucial for making well-informed borrowing decisions.

Explore gold loan options from a wide range of lenders on Bajaj Markets, and apply online.