Kerala gold rate today: Gold price nears Rs 45,000; Check details
By Aishwarya Nair | First Published Oct 19, 2023, 11:31 AM ISTAs the Israel-Hamas conflict escalates, gold prices are rising in the international market. As gold is seen as a safe deposit, the demand for gold will rise in war situations. On Saturday (Oct 14) alone, price of one sovereign of gold increased by Rs 1120.
Thiruvananthapuram: The gold prices have been surging in the last two days significantly. On Wednesday (Oct 18), the price of one sovereign (pavan) of gold rose by Rs 400. Today, it rose by Rs 200. The market rate of one sovereign of gold in the market is now Rs 44,560.
As the Israel-Hamas conflict escalates, gold prices are rising in the international market. As gold is seen as a safe deposit, the demand for gold will rise in war situations. On Saturday (Oct 14) alone, price of one sovereign of gold increased by Rs 1120. This indicates that gold is jumping towards a record price. The highest price of gold was Rs 45,760 before May 5 this year.
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Today's market price of 22 carat gold rose by Rs 25 to Rs 5570 per gram. A gram of 18 carat gold costs Rs 4623. Meanwhile, the price of silver is unchanged today. The price of one gram of common silver is Rs 78. The market price of hallmark silver is Rs 103 per gram.
October gold price at a glance:
October 1 - Gold prices remained unchanged. The market price was Rs 42,680.
October 2 - One sovereign of gold price fell by Rs.120. Market price- Rs 42,560.
October 3 - A sovereign of gold price fell by Rs 480. Market price- Rs 42,080.
October 4 - Gold prices remained unchanged. The market price is Rs 42,080.
October 5- A sovereign of gold price fell by Rs 160. The market price is Rs 41,960.
October 6 - Gold price rose by Rs 80 per sovereign (pavan). The market price is Rs.42,000
October 7- Over sovereign (pavan) gold price rose by Rs 200. The market price was Rs 42,200.
October 7 (afternoon)- Gold price rose by Rs 320 per sovereign. The market price was Rs 42,520.
October 8- Gold prices remained unchanged. Market price - Rs 42,520
October 9- A sovereign of gold rose by Rs 160. The market price was Rs 42,680.
October 10- Gold price rose by Rs 240 per sovereign. The market price was Rs 42,920.
October 11- Gold price remains unchanged. The market price continued at Rs 42,920 for one sovereign.
October 12- The gold prices rose by Rs 280 for one sovereign. The market price was Rs 43,200.
October 13 - The gold price remains unchanged. The market price is Rs 43,200
October 14- Rs 1120 per sovereign of gold. Market price Rs 44,320.
October 15- Gold prices remained unchanged. Market price Rs 44,320
October 16- One sovereign of gold fell by Rs 240. Market price Rs 44,080.
October 17- One sovereign of gold fell by Rs 120. The market price was Rs 43,960.
October 18- Gold price rose by Rs 400 per sovereign (pavan). The market price was Rs 44,360.
October 19- Gold prices rose by Rs 200 per sovereign. The market price is Rs 44,560.
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