Gold Rate in Kozhikode

0
Today’s Gold Rate in India
22 Karat
46,210Per 10g of 22k Gold

Today 24 Carat Gold Price in Kozhikode Updated

Gram 24 Carat Gold Yesterday 24 Carat Gold Today
Daily Price Change
1 GRAM Rs 4860.00 Rs 4881.00 0.43 %↑
8 GRAM Rs 38880 Rs 39048 0.43 %↑
10 GRAM Rs 48600 Rs 48810 0.43 %↑
100 GRAM Rs 486000 Rs 488100 0.43 %↑

Today 22 Carat Gold Price in Kozhikode – Updated

Gram 22 Carat Gold Yesterday 22 Carat Gold Today Daily Price Change
1 GRAM Rs 4455.00 Rs 4475.00 0.447%↑
8 GRAM Rs 35640 Rs 35800 0.447%↑
10 GRAM Rs 44550 Rs 44750 0.447%↑
100 GRAM Rs 445500 Rs 447500 0.447%↑

Today Gold Rate In Kozhikode : Gold Rate in Kozhikode

The Gold Rate in Kozhikode is changing a lot these days. And today, Gold Rate in Kozhikode is based on various factors. These factors include demand and supply. And the Gold Rates are based on the Purity of the Gold.

The Purity of the Gold may range from 20-24 karat Golds. The Gold Rates are based on various factors, and Purity is also one factor in the Gold Rates. And Gold has a lot of different rates based on Purity. For 22 karat Gold, the Purity is 92%.

Compare 22k & 24k Gold Rate in Kozhikode. 

Gold Today Yesterday Rate Change
Standard Gold (22 K) ( 1 gram ) ₹ 4,610 ₹ 4,560 ₹ 50 ↑
Standard Gold (22 K) ( 8 grams ) ₹ 36,880 ₹ 36,480 ₹ 400 ↑
Pure Gold (24 K) ( 1 gram ) ₹ 5,030 ₹ 4,976 ₹ 54 ↑
Pure Gold (24 K) ( 8 grams ) ₹ 40,240 ₹ 39,808 ₹ 432 ↑

Last 10 Days Gold Rates

Date
STANDARD GOLD 22K PURE GOLD 24K
1 GRAM 10 GRAM 1 GRAM 10 GRAM
May 26, 2021 Rs. 4710.00 Rs. 47100 Rs. 5100.00 Rs. 51000
May 25, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 24, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 23, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 22, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 21, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 20, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 19, 2021 Rs. 4682.00 Rs. 46820 Rs. 5072.00 Rs. 50720
May 18, 2021 Rs. 4681.00 Rs. 46810 Rs. 5071.00 Rs. 50710
May 17, 2021 Rs. 4650.00 Rs. 46500 Rs. 5050.00 Rs. 50500

Gold Rate in Kozhikode 

Gold Rate in Kozhikode is fluctuating a lot these days. The Gold Rates are based on various factors like Gold Purity, Gold Price. When coming to the Purity of the Gold, the Gold Rates may increase based on the Purity. If the Gold is 22 karat Gold, then the Rate of the Gold changes from 20 karats to 22 karats. 

List of banks providing gold loan in Kozhikode 

Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min – Max Loan Amount
₹ 3,506 to ₹ 4,621 0.099 3 to 24 months ₹ 10 thousand to 5 crore
ICICI Gold Loan ₹ 3,506 to ₹ 4,621 0.1 6 to 12 months ₹ 10 thousand to 5 crore
₹ 3,506 to ₹ 4,621 0.12 7 days to 36 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1225 12 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1025 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1 3 to 36 months ₹ 10 thousand to 5 crore
SBI Gold Loan ₹ 3,506 to ₹ 4,621 0.0975 12 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.075 3 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 10 thousand to 5 crore
IIFL Gold Loan ₹ 3,506 to ₹ 4,621 0.12 11 months ₹ 3 thousand to 50 lakh

How are Gold Rates Decided?

Market Value decides the Gold Rate in Kozhikode. Based on them, the Gold Rate in Kozhikode is determined. In this, you can use the Gold Rate in Kozhikode. These Gold Rates are based on factors like Purity too. The Purity of the Gold may range from 20-24 karat Gold. The Gold Rates are changing these days. So before buying Gold, you need to know the Gold Rates.

How do Gold Traders Determine Future Gold Prices in Kozhikode?

 These Gold Prices are based on various factors like Market Value. The Market Value is an essential factor in determining the Gold Prices. Purity also plays a role in determining the Gold Prices. The Gold Traders choose the Gold Prices by using the Market Value. The Rupee Value also plays a significant role in the Gold Prices. These Gold Prices are based on various factors.

What Leads to the Increment of Gold Rates When the Stock Market Falls?

Gold is one of the safest options to invest in. As the Stock Market Falls, the Increment of Gold Rate in Kozhikode is based on Investment. When compared with the stock market, Gold is one of the safest options to invest in. Apart from these, People also invest in Fixed deposit. The Fixed deposit and Stock Market are used for the Gold Rates. But apart from these, the Gold Rate in Kozhikode is used for the Investment. Gold is useful for investing. And people are choosing the Gold Rates these days.

Impact of GST on Gold Rate in Kozhikode 

The impact of GST on Gold Rates are around 2%. The Gold Rates are based on various factors. With the increase of the Gold Rates, the GST is also increasing. So in this way, the Gold Rates are growing these days. And in the Gold Rates, there are many other fees like the Processing fee and the customs duty. The Customs duty fee is 10%, and the processing fee is also around 5%. These are some of the costs apart from the Gold Rates in GST. 

Impact of Central Bank Policies on Kozhikode Gold Rate?

The buying and selling of Gold Rate in Kozhikode are based on the Central Bank Policies. These Central Bank Policies has a lot of things related to the Gold Rate in Kozhikode.

These are some of the Central Bank policies in Gold Rates. Apart from these, there are many other things associated with Gold Rates. These are based on the Central Bank Policies.

Gold Rate in Kozhikode

Gold as an Investment in Kozhikode 

When coming to Gold Investments, this is one of the best options of the Investments. People invest in Stock Markets and Fixed deposits. But that is not the safest options. As Stock Markets falls, support gold Gold is one of the best options. You can invest in Gold Coins, Gold Bullions, Gold Jewelry and Ornaments. These are the some of the Investments in Gold.

How Can You Make Gold Investments in Kozhikode 

You can make investments in Gold By Gold Coins. These Gold Coins are based on Purity. It has high Purity when compared to other  Gold. In Gold Coins, you can avail yourself of the 22Goldt Gold to 24 karat Gold. The Gold Rates in these Gold Coins is high. Gold Bullions are also one of essential for Gold. The Gold Bullions are huge. Apart from these Gold Coins and Gold Bullions, there are many other forms of Gold Coins. Gold Ornaments and Other Jewelry is also used for Gold Investments. In Gold Ornaments, you can avail the highest Purity of Gold.

Gold Schemes To Invest in Kozhikode 

When coming to Gold Schemes, you can avail yourself of a lot of them. These are also based on the Gold Rate in Kozhikode. There are many Gold Schemes to invest in. These include the Discounts too. When you are availing of the Gold Schemes, then you can help with the discounts. The Gold Rates are also essential to know before availing the Gold Rates. These Gold Rates are based on the Purity of the Gold and many other things.

Some Interesting Facts on Gold

Some of the exciting facts on Gold are:

  • It is softer than other metals.
  • It is ductile.
  • It is tough.
  • Gold may break 1g of valuable metal.

Things to Consider Before Buying Gold Jewelry in Kozhikode 

You should know many things before availing of Gold Jewelry. The Purity of the Gold is one of the most important things you should know. The Purity of the Gold may range from 20-24 Gold Gold. Based on the Purity, the Gold rates are decided. So it is essential to know the Gold Purity before availing the Gold Jewelry. Then the weight Gold is also one of the most important things. Based on the weight of Gold you can help lots of things. There are many expenses which you need to know. These expenses are based on various factors, and these have multiple certifications too. Purity plays a significant role apart from the other things to consider before buying Gold Jewelry.

Factors that Influence Gold Prices in Kozhikode 

The Gold Rate in Kozhikode is also based on various other factors. The Purity of Gold plays a significant role in Gold Prices. Because the price of Gold is high, then the Gold Rates are also increasing. In this way, you can use these Gold Rates that influences.

KDM and Hallmarked Gold in Kozhikode 

KDM is an Alloy of Gold and various other types of Gold. Gold is 92% in the KDM, and the remaining percentage is of different metals. Based on the mixing of metals, you can use this KDM. Hall Marked Jewelry is another critical thing of the Gold. It has Purity of the gold and many other certifications related to Gold.

Understanding 916 Gold Price Today in Kozhikode 

916 Gold is known as 22 Karat Gold. This isn’t easy in understanding the Gold Price of 916. These 916 Gold are based on the Purity of the Gold. The Purity of the Gold may range from 20-24 Karat Gold. And the 916 Gold is of the highest Purity. For the 916 Gold, the Purity rate is 92%, and for the other 24 karat Gold, the Gold Rates is 99%. In this way, the 916 Gold is used. This 916 Gold is mainly on the Purity. Based on that, only the Rates are decided.

Best Place to Buy Gold in Kozhikode 

The best place to buy Gold is the Gold Jewel Shops. These Shops includes various things related to  Gold. But before  Gold, make sure to know the Gold Rate in Kozhikode. Gold Rate in Kozhikode is changing a lot these days. So you need to know the Gold Rates daily through news and online. You need to be updated related to the Gold Rates.

Buying a Gold Loan in Kozhikode 

You can also take Gold Loans in Banks. For this, you need to use Gold as security. As the name itself, suggest Gold needs to be the security of the Gold. For  Gold loans, there are many repayment systems. The Repayment systems are also flexible, and based on the repayment systems, you can repay the Gold Loan. In this way, the Gold loans are used.

What are the Advantages and Disadvantages of Sovereign Gold Bond Scheme

Advantages of Sovereign Gold Bond Scheme:

The Advantages of the Sovereign Gold Bond Scheme are:

  • Demat and Paper Form are available
  • There are a lot of benefits to the Bond Scheme.
  • There are a lot of securities in Bond Scheme.
  • You can use it in paper and Electric form.

DisAdvantages of Sovereign Gold Bond Scheme:

  • There is no loss in this.
  • Investing in bonds might not work in these.

Gold Vs. Mutual Funds

MUTUAL FUNDS GOLD
Complicated
Less complicated
Greater market risk Involved
Based on global and few other factors it is easier to get a rough idea of the gold rates
Options to invest in Equity linked saving scheme (ELSS), Equity mutual funds, debt fund, liquid funds, etc.
Gold Funds and Gold ETFs
More opportunity cost
Less opportunity cost

Latest News on Gold Rate in Kozhikode 

Gold Price in Kozhikode Declines by 0.35%. The Gold Prices in Kozhikode are fluctuating a lot. These Gold Prices are based on various factors, and these factors include the Purity of the Gold and the Price of the Gold. The Gold rates are decreased by 0.35%.

FAQs

 What is the Gold Rates for 1 Gram in Kozhikode?

The Gold Rate in Kozhikode for 1 Gram is 4935 rupees.

 What is the rate of 1 tola Gram Gold?

The rate of 1 tola Gram is 1567.

 What is the Gold Price for 24 Carat Golds?

For 24 carat Gold, the Gold Price is 4424.

 What is the Gold Rates for the 22 carat Golds?

The Gold Rate in Kozhikode for the 22 carat Gold is 3214.

About Kozhikode

Kozhikode is located in Kerala. It is known as costal city. It is also known as Spice trade center. The Portugals was landed in the year 1498. And there was a light house in the Kozhikode.

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