Kochi: Gold prices in Kerala are on a relentless upward march, shattering records yet again. In a sharp single-day jump, the price of a sovereign rose by ₹800, taking the cost of 8 grams of gold to an all-time high of ₹1,05,320. The price per gram also climbed by ₹100, reaching ₹13,165.
The surge has been particularly dramatic over the past two days, with prices rising by more than ₹1,000 per sovereign. Gold had first crossed the ₹1 lakh mark on December 23, and the upward momentum has shown no signs of slowing since.
Industry sources say international market movements are driving the surge in Kerala’s gold prices. Rising global uncertainties, including geopolitical developments such as US military actions in Venezuela, have added to market volatility.
With investors increasingly viewing gold as a safe and secure investment amid global tensions, demand continues to rise—keeping prices firmly on an upward trajectory. As the glittering metal scales new highs, both buyers and jewellers are closely watching the markets for what comes next.
