Most people in Kannur consider gold to be one of the important parts of their traditions. It plays a significant role in religious ceremonies and is used extensively for daily adornment purposes. The precious metal is purchased in the city as an investment as well as for its sentimental value.

If you live in Kannur, staying up-to-date with the latest gold rates in the city empowers you to make informed financial decisions.

Gold Price in Kannur

The current price of gold in Kannur is as follows:

Gram

22 Carat Gold Rate Today

22 Carat Gold Rate Yesterday

Daily Price Change

1 Gram

₹7,200

₹7,170

     ₹30

10 Gram

₹72,000

₹71,700

     ₹300

100 Gram

₹720,000

₹717,000

     ₹3000

*Disclaimer: Rates are subject to change based on market conditions.

22 & 24 Karat Gold Rate in Kannur in the Last 5 Days

The following table illustrates the fluctuations in gold prices in Kannur over the last 5 days:

Date

STANDARD GOLD 22K

STANDARD GOLD 24K

1 Gram

10 Gram

1 Gram

10 Gram

December 26, 2024

₹7,200

₹72,000

₹7,560

₹75,600

December 25, 2024

₹7,170

₹71,700

₹7,529

₹75,290

December 24, 2024

₹7,170

₹71,700

₹7,529

₹75,290

December 23, 2024

₹7,150

₹71,500

₹7,508

₹75,080

December 22, 2024

₹7,150

₹71,500

₹7,508

₹75,080

*Disclaimer: Rates are subject to change based on market conditions.

18 Carat Gold Rate in Kannur for the Last 5 Days

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

Date

STANDARD GOLD 18K

1 Gram

10 Gram

December 26, 2024

₹5,891

₹58,910

December 25, 2024

₹5,866

₹ 58,660

December 24, 2024

₹5,866

₹58,660

December 23, 2024

₹5,850

₹58,500

December 22, 2024

₹5,850

₹58,500

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Points to Remember When Buying Gold in Kannur

Here are key considerations to keep in mind when purchasing gold in Kannur:

  • Check the current gold price in Kannur

  • Take the making charges into account when planning a purchase

  • Know more about the purity of the gold (the karats and fineness) 

  • Check for BIS (Bureau of Indian Standards) hallmarks 

  • Ensure you receive a physical receipt for the transaction

  • Confirm the accuracy of the purchased gold's weight

  • Make sure that you get a certificate of authenticity

Gold Investment in Kannur

In Kannur, people prefer to purchase gold due to its easy liquidity and potential for growth in value over the long term. You can opt for gold deposit schemes, ETFs, bonds, or simply purchase physical gold in Kannur to start investing in this advantageous asset. Take your monetary requirements and obligations into account before deciding on an avenue. 

FAQs

How do you find out the gold rate in Kannur?

With a simple web search, you can find the current gold rates in Kannur, online. You can also approach your nearest gold retailers and ask them about the price of gold as well as the associated making charges, if any.

Does the price of gold change daily in Kannur?

The gold price in Kannur can fluctuate daily, as it is influenced by various domestic and international economic factors.

How do you know about the purity of gold?

To decide on the authenticity of gold, you must see that gold articles are subjected to checks through digital machines. Ensure that the gold you purchase comes with a certificate of authenticity and the Bureau of Indian Standards (BIS) hallmark. These denote the purity of the gold you purchase.

What contributes to changes in Kannur’s gold rates?

Several factors influence gold prices in Kannur. Some of these are as follows:

  • Demand and supply of gold in the city

  • Hoarding practices 

  • Government policies, including taxes like GST

  • No capping on making charges can lead to varying rates 

  • Gold imports and the associated taxes

  • International gold trade in US dollars

  • Changes in currency value

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