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