Introduction
Gold has always held a special place in the hearts and homes of Keralites. From weddings to festivals, savings to investments, gold is not just a commodity in Kerala—it’s a cultural symbol and financial backbone. Given this deep-rooted connection, tracking the gold rate today in Malayalam is of immense interest to residents across the state. This article provides a detailed update on today’s gold price in Kerala, factors affecting its rise or fall, historical patterns, and practical advice for buyers and sellers.
Gold Rate Today in Kerala (28 May 2025)
As of today, 28th May 2025, the gold price in Kerala is as follows:
- 22 Karat Gold: ₹5,690 per gram
- 24 Karat Gold: ₹6,205 per gram
Compared to yesterday, the rate has slightly increased by ₹10 per gram, continuing the cautious upward trend observed over the past week. This movement has prompted both buyers and sellers to keep a close watch on global and local market cues.
Why Gold Prices Change Daily: Key Factors
The daily fluctuation in gold prices is influenced by a mix of international trends, local demand, currency value, and government policies. Let’s break down the major factors that are currently shaping Kerala’s gold market:
1. Global Market Trends
Gold is priced globally in US dollars. When international gold prices go up due to geopolitical tensions, inflation fears, or recessionary concerns, prices in India—and thereby Kerala—also rise. For instance, recent instability in Middle Eastern oil markets has contributed to increased global gold prices.
2. Rupee-Dollar Exchange Rate
When the Indian rupee weakens against the US dollar, it becomes costlier to import gold. This is highly relevant in Kerala, where a large portion of gold is imported and sold through jewellers. A falling rupee often signals a price hike locally.
3. Festive and Wedding Season Demand
In Kerala, festivals like Vishu and Onam, and the peak wedding season (usually from November to March), trigger a surge in gold purchases. Increased demand during these periods tends to push prices upward.
4. Import Duty and GST
Government policies play a direct role. For instance, any changes in the import duty on gold (currently at 15%) or GST (3%) can alter retail prices significantly. In Kerala, where gold is bought both as jewelry and investment, these policy decisions have noticeable effects.
Gold Trends in Kerala: A Historical Overview
To understand today’s rates better, let’s look at how gold prices have evolved in Kerala over the years:
| Year | 22K Gold Price (per gram) |
|---|---|
| 2015 | ₹2,500 |
| 2020 | ₹4,650 |
| 2022 | ₹4,920 |
| 2023 | ₹5,400 |
| 2024 | ₹5,820 |
| 2025 (Today) | ₹5,690 |
The graph shows a steady upward trend, with temporary corrections. The year 2020 saw a sharp rise due to the pandemic-induced economic uncertainty. While prices dipped slightly in early 2024, they have remained largely strong through 2025.
Localized Trends: Gold Buying Habits in Kerala
Kerala’s gold economy is unique. Here are some notable observations:
- High per capita gold ownership: Keralites hold one of the highest per capita gold reserves in India, often passed down generations.
- NRI Influence: Gulf-based NRIs send remittances that are often invested in gold. They also purchase gold during their annual visits home.
- Strong pawn and resale market: Kerala has a well-established market for pledged gold loans and resale transactions, making gold a liquid asset for many households.
Should You Buy or Sell Gold Today?
For Buyers:
- If you’re buying for weddings or festivals, it may be wise to act soon, as prices are expected to rise further during the June–August wedding wave.
- Investors looking for short-term gains should monitor international cues. If the dollar weakens or geopolitical tensions ease, prices may dip slightly.
For Sellers:
- Now could be a strategic time to sell, especially for those who bought gold at ₹4,000–₹5,000 per gram range. Profit margins remain attractive.
- Gold loan closures: If you’re looking to close pledged gold, do it before rates climb further and interest accumulates.
Tips for Gold Buyers in Kerala
- Check Daily Rates: Always refer to reputable sources like local jewellers’ associations or banks for updated rates.
- Understand Wastage and Making Charges: These charges vary from 8% to 20%. Always clarify this before purchasing.
- Insist on BIS Hallmark: The Bureau of Indian Standards hallmark ensures gold purity. Avoid jewellers who don’t offer this certification.
- Compare Across Cities: Gold prices can differ slightly between Kochi, Thiruvananthapuram, and Kozhikode. A small variation can make a big difference in large purchases.
What to Expect in the Coming Weeks
Market analysts suggest that gold prices in Kerala could continue a slow upward trend due to:
- Persistent global inflation concerns.
- High local demand during the upcoming wedding season.
- A weaker rupee against the US dollar.
However, much depends on the geopolitical landscape and potential changes in monetary policy by the Reserve Bank of India and the US Federal Reserve.
Conclusion
For those in Kerala, gold is more than just a metal—it’s tradition, security, and investment. Tracking the gold rate today in Malayalam is now easier than ever, thanks to digital platforms and real-time updates. But understanding the “why” behind the number is just as important. Whether you’re a seasoned investor, a jeweller, or a family shopping for a wedding, staying informed ensures that your gold decision is not just emotional, but also economical.
As we move deeper into 2025, all signs point to gold continuing its role as Kerala’s preferred financial fallback. So, keep an eye on the rates, make informed choices, and most importantly, don’t forget to check if your gold glitters with value as much as it does with sentiment.
