Kochi: In a striking surge, gold prices in Kerala jumped by ₹840 per sovereign (8 grams) in a single day, setting a new benchmark of ₹74,280. The per gram rate now stands at ₹9,285, after a sharp ₹105 increase.
This upward trend comes after prices had dipped to a monthly low of ₹72,000 on July 9. Since then, gold has rebounded strongly, gaining nearly ₹1,400 in just two weeks.
India, the world’s largest gold consumer, remains highly sensitive to shifts in the international gold market. Even the slightest global price movements ripple through to domestic rates. Experts link the latest price hike to rising global demand, currency fluctuations, and market volatility, making gold both a glittering investment and a hot topic for buyers and traders alike.
