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Culturally, gold is an integral part of Trivandrum’s traditional ceremonies and rituals, reflecting the wealth and status of its residents. Economically, gold contributes to the local economy through gold trade, jewellery businesses, and tourism. Observing gold rates in Trivandrum is vital for those considering investments or purchases.

Gold Price in Trivandrum

Here is all you need to know about the current gold rates in Trivandrum:

Weight

24 Karat Gold Rate Today

24 Karat Gold Rate Yesterday

Price Difference

1 g

₹5,750

₹5,750

₹0

10 g

₹57,500

₹57,500

₹0

100 g

₹5,75,000

₹5,75,000

₹0

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

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

The following table enables you to track the changes in the city’s gold prices over the last few 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

₹ 6,273.00

₹ 62,730.00

Feb 22, 2024

₹ 5,750.00

₹ 57,500.00

₹ 6,273.00

₹ 62,730.00

Feb 21, 2024

₹ 5,760.00

₹ 57,600.00

₹ 6,284.00

₹ 62,840.00

Feb 20, 2024

₹ 5,735.00

₹ 57,350.00

₹ 6,256.00

₹ 62,560.00

Feb 19, 2024

₹ 5,745.00

₹ 57,450.00

₹ 6,267.00

₹ 62,670.00

Feb 18, 2024

₹ 5,720.00

₹ 57,200.00

₹ 6,240.00

₹ 62,400.00

Feb 17, 2024

₹ 5,720.00

₹ 57,200.00

₹ 6,240.00

₹ 62,400.00

Feb 16, 2024

₹ 5,710.00

₹ 57,100.00

₹ 6,229.00

₹ 62,290.00

Feb 15, 2024

₹ 5,690.00

₹ 56,900.00

₹ 6,207.00

₹ 62,070.00

Feb 14, 2024

₹ 5,700.00

₹ 57,000.00

₹ 6,218.00

₹ 62,180.00

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

Points to Remember When Buying Gold in Trivandrum

Here are some things to keep in mind prior to purchasing gold in Trivandrum:

  • Research Current Rates: Stay up-to-date regarding the current gold rates in Trivandrum to make a well-informed purchase

  • Check Purity: Look for Bureau of Indian Standards (BIS) hallmarks and karat markings to verify the purity of the gold

  • Reputation of Seller: Choose reputable jewellers or dealers and verify their credentials to ensure authenticity

  • Understand Making Charges: Factor in making charges and other associated costs like GST when budgeting

  • Get a Receipt: Always ask for a physical receipt of the transaction, detailing the purchased gold’s specifications

  • Verify Weight: Ensure the gold is accurately weighed, and cross-verify with the purchase invoice

  • Keep Track of Prices: Stay informed of market trends and economic indicators influencing gold prices in Trivandrum

Gold Investment in Trivandrum

Make gold investments in Trivandrum through any of the following options:

  • Sovereign gold bonds

  • Gold derivatives like futures and options

  • Gold mutual funds

  • Gold ETFs

  • Gold jewellery, bars, and coins

FAQs

What factors contribute to changes in gold prices in Trivandrum?

Changes in government policies, revisions in import tax and duties, the rise of economic challenges, fluctuation in demand, etc. can lead to changes in gold rates.

How can I check the purity of the gold I purchase in Trivandrum?

To check the purity of gold, use the following methods:

  • Magnet Test: Gold is a non-ferrous metal, due to which you can check its purity with the help of a simple magnet. If it is not attracted to the magnet it is pure. However, this test is mostly applicable to 24K gold as it is the only one that is not mixed with any other metal alloy. 

  • BIS Hallmark Test: Hallmarking is the certification of gold and its purity by the Bureau of Indian Standards (BIS). If the gold that you’re purchasing has the BIS Hallmark symbol, you can rest assured of its purity.

  • Machine Test: Almost all major jewellery sellers possess a purity testing machine. This machine can quickly and easily find out if the gold is fake.

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