Today’s Gold Rate in Kerala ( 23 Oct 2020 )

1 GRAM RATE OF GOLD TODAY IS ……………………………….. …………….₹ 4,706

8 GRAM RATE OF GOLD TODAY IS …………………………… ………………….₹ 37,648

1 GRAM RATE OF GOLD YESTERDAY WAS………………………………….. ₹ 4,671

8 GRAM RATE OF GOLD YESTERDAY WAS …………………………………. ₹ 37,368

1 ഗ്രാം സ്വര്ണത്തിന്റെ ഇന്നത്തെ വില ………………………………. ₹ 4,706

1 പവൻ സ്വര്ണത്തിന്റെ ഇന്നത്തെ വില ……………………………… ₹ 37,648

1 ഗ്രാം സ്വര്ണത്തിന്റെ ഇന്നലത്തെ വില ……………………………..₹ 4,671

1 പവൻ സ്വര്ണത്തിന്റെ ഇന്നലത്തെ വില …………………………..₹ 37,368

Gold, the purest type of wealth has always stayed as money during the history of humankind. In most of the civilisations, it has been viewed as a sign of wealth, prosperity, and power. The desire for this distrusted many civilizations while it had been a growth status for others! The Egyptians considered it as the sign of eternal life. Kings and people with religious importance were buried in caskets called sarcophagus made out of solid gold. Their bodies were covered with jewellery and bracelets that were sacred.
Gold was discovered in placer deposits. Placer is an accumulation of minerals formed by gravity disturbance during the breakdown of older rocks. The extremely compact character of gold makes it easier to carry and handle than any other metal or oil. The entire wealth of yours’ can be transformed into gold and will carry away in a bag. Similarly, gold doesn’t corrode. It never loses its value too. Savings in the shape of currency could not handover for several generations since character and value of denominations could be shifted at any movement. Imagine, how can you can test a foreign counterfeit note? Another reason is, the source of gold is obviously stable. The invention of the new mine takes centuries. But, you can print your currency and debase its value. Gold always has just one tier and so it’s single pricing, i.e. it is quite liquid. In the case of oil or diamond, you’ve got to take care of many quality and grades. Beyond all, gold has a universal appeal. It means that it has great flexibility and trust. No additional metal so far recognised across the world.
KERALA’S love FOR JEWELLERY
Keralite’s obsession for gold jewellery is quite famous. In the arrival of a child into a birthday, an engagement not to mention the biggest occasion- wedding reception, Malayalee desires this glittering metal.
History says Roman and Arab traders landed first in the afterward port city of Muziris in Kodungallur at Thrissur when international trading of spices began. Later the Cochin port became among the key ports visited by the foreign traders of spices. Keralite who possess today’s gold rate in kerala jewelleries in those days were bound to have had trade connections with all the foreigners. The prestige that came from owning the yellowish metal has since then remained and remains a sought-after kind of setting social standing and standing.
Let’s check the facts and figures! In the calendar year, 2011, when the global economy falls deeper into crisis, the gold business in Kerala was flourishing. It was a phenomenon for all. However, it was a reality as well! In 2011, near 250 tonnes of jewellery worth Rs 76,000 crore was sold in Kerala. This heavy jewellery buy by Keralites attracted a brand new title to India -world’s biggest gold rate kerala today consumer. Gold forms an essential component of virtually every Malayalee’s life and is sought after to the scope of being hoarded with great zeal equally as a form of investment or a series of prosperity and societal status.

While India’s love for gold is no secret, the people of Kerala seem to get an unparalleled affinity for the precious metal. Here are a few facts that show just how large a function gold plays in the lives of Keralites.
Gold and Worship
Kerala is really Gold’s very own country. Even God enjoys gold . Kerala’s famous Padmanabhaswamy Temple retains about Rs. 1.2 tn value of precious metals such as todays gold rate kerala. It’s thought that the Travancore royal family has been accumulating its gold wealth in the temple for thousands of years. A few of the items considered to have been maintained include a gold chain that’s 18 feet in length, a gold sheaf weighing 500 kgs, a 3.5 feet tall idol of Mahavishnu produced from Pure gold price in kerala today, and more. The temple includes six vaults termed A-F, and out of these, vault B remains a secret until date. This makes it the most popular place of worship ever.
After temples, festivals take the next spot on Keralites’ gold list. gold price today kerala sales spike throughout the festivals of Onam and Vishu at Kerala. Vishu- the brand new year of Keralites, which usually falls in April every year, is closely connected with today gold rate in kerala – by the gifting of gold and decorations, to the golden cucumber, a fruit popularly purchased during New Year season.
Gold and Cash
Given that the amount of todays gold rate in kerala Keralites purchase on festivals and otherwise, it shouldn’t come as a surprise that three of the most significant gold loan firms in Kerala collectively hold more gold — 250 tonnes as of September, 2016 – compared to individual gold reserves of nations like Belgium, Singapore, Sweden, and Australia.
The next time you’re vacationing South India, make sure that you visit Kerala- truly a gold lover’s delight.
Gold and Baths- gold rate kerala
Once it comes to jewellery, nothing surpasses the gold rate in kerala ornaments that adorn a Keralite bride. The typical weight of the gold jewellery worn by an upper middle class Keralite bride is 320 grams and is worth 9 lakhs, making Kerala’s bride India’s authentic golden woman!
Typically, brides wear gold necklaces of varying lengths and styles, giving a layered look. The shortest one is a choker, worn closely around the neck. There’s also a body chain that adorns the waist. The bride will then wear dangling earrings- like jhumkaas- and assorted types of gold bangles. The emphasis on sporting more gold is based on the belief that it reflects the financial condition of the bride’s family.