Kerala Gold Rate Today, September 28: Rate of 8 gram gold drops; CHECK details
In September, gold prices in Kerala experienced significant fluctuations, starting at Rs 53,560 on September 1. Over the month, the price rose and fell multiple times, with notable changes including a Rs 2160 increase between September 20 and 27.
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FollowThiruvananthapuram: After rise in prices for several days, gold price dropped in Kerala today (Sep 28). With a single-day drop of Rs 40, the price of one sovereign (8 grams) of gold now stands at Rs 56,760.
Gold prices had been rising between September 20 and 27, with a major increase of Rs 2160 during this period. The ongoing conflict in West Asia has led to a sharp increase in gold prices. As geopolitical tensions escalate, investors are flocking to gold, driving up demand and prices. In the absence of an imminent ceasefire, this upward trend in gold prices is likely to persist.
Currently, the price of 22-carat gold stands at Rs 7,095 per gram, while 24-carat gold rate is Rs 7,740 per gram and 18-carat gold is priced at Rs 5,805 per gram. The silver prices have also dropped, with a drop of Rs 1 per gram, making the price of ordinary silver Rs 101 per gram (Rs 102 on Sep 27).
Here is a summary of the gold price fluctuations from September 1 to September 27:
September 1-5: Prices remained stable at Rs 53,360 for 8-gram (one sovereign) gold
September 6: Gold price increased by Rs 400 for 1 gram of gold, reaching Rs 53,760 for 8-gram gold.
September 7: Price dropped by Rs 400 to Rs 53,440.
September 8-10: No changes, holding at Rs 53,440.
September 11: Price rose by Rs 280 to Rs 53,720.
September 12: A slight decrease of Rs 80 brought the price to Rs 53,640.
September 13: A significant rise of Rs 960 brought the price to Rs 54,600.
September 14: Another increase of Rs 320, making the price Rs 54,920.
September 15: No change, the price remained Rs 54,920.
September 16: Price rose by Rs 120 to Rs 55,040.
September 17: Price dropped by Rs 120 to Rs 54,920.
September 18: Price further decreased by Rs 120 to Rs 54,800.
September 19: A final drop of Rs 200 brings the price to Rs 54,600.
September 20: Price surged by a significant Rs 480 to Rs Rs 55,080.
September 21: Price increased further by Rs 600 to Rs 55, 680.
September 22: No change.
September 23: Price increased by Rs 160 to Rs 55, 840.
September 24: Another Rs 160 hike takes the price Rs 56,000.
September 25: With a Rs 60 surge per gram, the price of 8 gm gold is Rs 56,480
September 26: No change.
September 27: Gold prices surge by Rs 40 per gram, taking the price of 8 grams to Rs 56,800
September 28: Gold prices drop by Rs 5 per gram, with the price of 8 grams standing at Rs 56,760
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