What is the 24 carat gold rate in Kerala today?
The 24 carat gold rate in Kerala changes daily based on international gold prices, currency movements and market conditions. Check the latest rate in the table above to see the current price per gram and compare it with the previous day's rate.
You can calculate the base value of 24 carat gold using this formula:
Gold value = Weight in grams × Current 24 carat gold rate per gram
For example, a 10-gram gold coin's base value is calculated by multiplying 10 by the current rate per gram. The final purchase price may also include minting charges and applicable GST.
Check the updated rate before buying or selling gold, as the price may change daily.
How to check the purity of 24 carat gold in Kerala?
Check the purity mark and the hallmark details first. 24 carat gold is 99.9% pure, and its BIS mark is 999, which means 999 parts of pure gold in 1,000.
Check these marks and records:
- The BIS logo.
- The purity mark 999.
- The six-digit Hallmark Unique Identification (HUID) code on hallmarked jewellery.
- The purity certificate and invoice for coins and bars.
Verify the HUID with the BIS Care app. Colour, shine and magnet tests cannot confirm 24 carat purity, because other metals can copy them. For loose or unhallmarked gold, ask a BIS-recognised hallmarking centre or the lender's valuer for a test. An X-ray fluorescence (XRF) scan reads purity without damaging the piece.
Since hallmarked gold has a verified purity, check your gold loan eligibility today.
What factors affect the 24 carat gold rate in Kerala?
The 24 carat gold rate in Kerala follows global and local factors. The table shows how each factor moves the rate.
| Factor | Effect on the 24 carat rate in Kerala |
| International demand | Higher buying from large markets such as India and China lifts the international price |
| US dollar strength | A stronger dollar makes gold costlier for buyers in other currencies, because gold trades in dollars |
| Rupee exchange rate | A weaker rupee raises the cost of imported gold |
| Inflation | High inflation raises demand for gold as a store of value |
| Interest rates | Falling rates lower the cost of holding gold and support demand |
| Import duty | The duty rose from 6% to 15% on 13 May 2026, which raises the landed cost |
| GST | GST of 3% applies on the value of gold at purchase |
| Festivals and weddings | Demand during Onam, Vishu and the wedding season lifts local rates |
Last updated: October 2026
See why gold rates decrease for the drivers behind falls in the rate.
What should I consider before buying 24 carat gold in Kerala?
Check these five points before you buy 24 carat gold in Kerala:
- Purity: confirm the BIS mark 999 and the purity certificate or HUID code.
- Rate and charges: compare the day's rate and any making or minting charge at two or more sellers.
- Invoice: ask for an itemised bill that separates gold value, making or minting charge and GST.
- Buy-back policy: confirm the resale terms and storage options in writing.
- Purpose: 24 carat gold suits investment in coins and bars, but it is too soft for most daily-wear jewellery.
The trade-off is purity against usability. 24 carat gold holds the most gold per gram, but it scratches and bends easily, and it carries a higher price per gram.
How does GST affect 24 carat gold rates in Kerala?
GST adds 3% to the total value of gold, and it has applied since 1 July 2017. The Central Board of Indirect Taxes and Customs (CBIC) states that for jewellery the 3% covers the making charge, whether it appears separately or not.
Worked example. Assume a 10 gram 24 carat coin at Rs. 10,000 per gram, which is Rs. 1,00,000. An assumed minting charge of 2% adds Rs. 2,000. GST of 3% on Rs. 1,02,000 adds Rs. 3,060, so the total is Rs. 1,05,060. These figures are assumptions for illustration, and each seller sets its own charge.
Coins and bars are not free of making or minting charges, so ask the seller for the figure. Ask for an itemised invoice that separates the base rate, the charge and the tax, so you can budget the exact amount.
Can I get a gold loan against 24 carat gold in Kerala?
Yes, but only against 24 karat gold coins. Bajaj Finance accepts 24 karat gold coins and 18-22 karat jewellery and ornaments as collateral for a gold loan. It does not accept 24 carat jewellery or gold bars. The RBI Directions prohibit lending against primary gold such as bullion.
The lender values gold at the lower of two prices: the previous day's closing price or the 30-day average closing price for its purity. The India Bullion and Jewellers Association (IBJA) or a commodity exchange regulated by the Securities and Exchange Board of India (SEBI) publishes both. A fall in the rate lowers your valuation at once, while a rise lifts it more slowly.
LTV is the maximum share of your gold's value that the lender gives as a loan. The Reserve Bank of India (RBI) caps it by loan amount.
| Loan amount | Maximum LTV |
| Up to Rs. 2.5 lakh | 85% |
| More than Rs. 2.5 lakh to Rs. 5 lakh | 80% |
| More than Rs. 5 lakh to Rs. 2 crore | 75% |
Last updated: October 2026
Worked example. Anitha, 39, is a salaried professional in Kochi. Her 24 carat gold coins have an eligible value of Rs. 2,00,000 after valuation. At 85% LTV, her maximum loan is Rs. 2,00,000 x 85% = Rs. 1,70,000. Branch valuation and credit assessment decide the final amount, so this example is not an offer.
Regulatory Context: The RBI issued the Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025 on 6 June 2025. The Directions took effect on 1 April 2026 and cover LTV limits, valuation and collateral protection. Bajaj Finance applies them to every Bajaj Finance Gold Loan.
Bajaj Finance Gold Loan offers amounts from Rs. 5,000 to Rs. 2 crore, with interest from 9.50% p.a. and a tenure of 1 day to 12 months. You must be between 21 and 80 years old, and be a salaried or self-employed individual, or a pensioner.
RBI limits apply to what you pledge. Total coin weight across all loans cannot exceed 50 grams, total ornament weight cannot exceed 1 kilogram, and total loan exposure cannot exceed Rs. 2 crore. The LTV limit applies through the tenure, and bullet repayment loans count interest due at maturity.
Plan your repayment with the gold loan calculator. See gold loan interest rate and charges before applying.
How do I apply for a gold loan in Kerala online?
You apply online in five steps, and then visit your chosen branch with your gold.
- Click "APPLY NOW" on the page.
- Enter your 10-digit mobile number and click "Get OTP" to receive a one-time password (OTP).
- Submit the OTP to verify your identity.
- Fill in your personal details and select the nearest gold loan branch.
- Download your in-principle loan eligibility letter.
Keep one identity document ready: Aadhaar card, voter ID card, passport, driving licence, National Rural Employment Guarantee Act (NREGA) job card, or a letter issued by the National Population Register. A PAN card is mandatory for loans of Rs. 5 lakh or above.
Apply in minutes. Money in account instantly with a Bajaj Finance Gold Loan*
Know more about gold rates in Indian states and Union Territories
Know more about gold rates in other cities
