What the data shows
The gold rate today in Kerala is ₹14,002 for 22K gold per 10 grams and ₹14,596 for 24K gold per 10 grams. This reflects a notable decline in gold prices, which have dropped sharply by around 12% to 17% in March 2026 alone. The overall market sentiment remains weak, influenced by unfavorable macroeconomic factors.
As of now, silver rates in Kerala are also experiencing a downturn, priced at ₹2,300 for 10 grams, ₹23,000 for 100 grams, and ₹2,30,000 for 1 kg. The decline in gold prices is attributed to a broader trend seen in the global bullion markets, which have faced losses for four consecutive weeks.
Gold futures for April 2026 delivery have seen a significant drop, losing ₹7,115, or 5%, to settle at ₹1,37,377 per 10 grams. Similarly, silver futures on the MCX for May 2026 delivery declined by ₹13,606, or 6%, to ₹2,13,166 per kilogram. These figures highlight the current volatility in precious metal markets.
The recent decline in gold prices can be traced back to various economic indicators that suggest a weakening demand for gold as a safe-haven asset. Investors are closely monitoring these trends, as they could signal further fluctuations in the coming weeks.
Additionally, a 3% GST is applicable on the value of gold purchases in India, which adds to the overall cost for consumers. This tax, combined with the current market conditions, may deter potential buyers from investing in gold at this time.
Details remain unconfirmed regarding future price movements, but analysts suggest that the ongoing economic challenges could continue to impact gold and silver prices. As the market adjusts, investors are advised to stay informed about the latest developments.
In summary, the gold rate today in Kerala reflects a broader trend of declining prices in the precious metals market. With key economic factors at play, the outlook for gold remains uncertain, prompting both caution and strategic planning among investors.
