Striking Deal for Buyers! Gold Rate in Kerala Today Drops Below Rs 95,500; Check 24K, 22K, 18K Price Here

Gold Rate in Kerala today: Gold prices declined signifcantly on Tuesday creating a favourable opportunity for buyers during the ongoing wedding season. The decline in gold price today has come in the backdrop of continued market volatility, trade tensions, and geopolitical uncertainty.

Declining gold price in Kerala today coincided with a sharp drop in gold rate in India today and falling global prices of the yellow metal. There has been a significant surge in the prices of the yellow metal over the past few weeks, as investors continued to pump their money into the bullion which is considered a safe haven.

Gold Price in Kerala Today

The price of gold in Kerala declined on Tuesday. The cost of 24 karat gold per 10 gram in Kerala stood at Rs 95,180, after declining by Rs 330. Likewise, the price 22 karat gold per 10 gram in Kerala declined to Rs 87,200 per 10 gram today. 18 karat gold, which is also known as 999 gold will be sold for Rs 71350 per 10 gram today.

The price of the yellow metal witnessed sharp increase on April 10, when 24 karat gold per 10 gram was sold for Rs 8560 after a price hike of Rs 270. Similarly, there was a significant surge in price of 22 karat and 18 karat gold in Kerala.

Gold Rate in India Today

Gold rate in India today declined significantly on Tuesday. According to Goodreturns, the price of 24-karat gold in India fell by Rs. 350 per 10 grams to cost Rs. 95,180. While the 22-karat gold will be sold for cost Rs. 87,200. In the 18-karat gold rates slipped by Rs. 290 to retail at Rs. 71,350 per 10 grams., 100 grams of 24-karat gold rate will be sold for Rs 9,51,800, and the 22-karat gold rate is currently at Rs 8,72,000 per 100 grams of gold.

Gold prices mentioned here are indicative and doesn't include other charges, which might be added at the time of purchase including GST, making charges and other levies. Hence, it gets very important for customers to confirm the gold price with jewellers as well before making the purchase.

International Gold Price Could Reach Record High Mark Amid US-China Trade War Fears

The international gold price today stood above $3220 per ounce on Tuesday, according to Trading Economics. The gold price is rising as stock market is witnessing extreme volatility over United States President Donald Trump's tariffs, even when he has announced a 90-day pause on his tariff policy.

The US has announced relaxation from tariff hikes for all nations except China, which has also retaliated to Trump tariffs with 125% additional tariffs on US goods. According to a recent Goldman Sachs report, the prices of gold can reach as high as $4,500 per ounce in an extreme risk by the end of 2025 amid fears of US-China trade war and fears of global recession.

Goldman Sachs increased gold price target to $3,700 an ounce by the end of 2025. In March, Goldman Sachs had heightened gold price target to $3,300 per ounce. Amid trade tariff uncertainty, several major investment banks including Goldman Sachs, Citi Bank, etc have also raised the possibility of a US-led global recession in the coming months.