Gold Hits New Highs: Investors Eye Shimmering Opportunities

Gold Hits New Highs: Investors Eye Shimmering Opportunities

Kochi: Gold prices in Kerala and other major cities in India have recorded a slight rise today, continuing an upward trend over the past week. The increase comes amid global market fluctuations and growing investor interest in gold as a safe-haven asset.

In Kerala, the 24-carat gold rate is ₹11,052 per gram, 22-carat gold is ₹10,131 per gram, and 18-carat gold is ₹8,289 per gram. Major cities including Delhi, Mumbai, Chennai, and Kolkata are reflecting similar rates, showing a nationwide trend.

Over the past week, gold prices in Kerala have steadily climbed: on September 10, 24-carat gold was ₹11,030 per gram, on September 9 it was ₹10,947, and on September 8 it was ₹10,803. Analysts attribute this consistent rise to strong domestic demand and concerns over economic uncertainties.

On the global front, spot gold is trading at $3,633.97 per ounce, while gold futures for December 2025 are priced at $3,671.90 per ounce. Global gold prices have slightly declined today as investors await key U.S. economic data, but the overall trend remains high, supporting the domestic market surge.

Market experts advise investors to monitor gold rates closely as geopolitical tensions and inflation trends continue to influence both Indian and global markets.


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