Historical Archive
Gold Rates: October 2024
Avg Pavan Rate
₹56,400
Monthly Low
₹56,400
Monthly High
₹56,400
Frequently Asked Questions
What was the average gold price in Kerala during October 2024?
The average price for 1 Pavan (8 grams) of gold in Kerala during October 2024 was approximately ₹56,400.
What was the highest gold rate in October 2024?
The highest recorded gold rate for 1 Pavan in Kerala during this month was ₹56,400.
What was the lowest gold rate in October 2024?
The lowest recorded gold rate for 1 Pavan in Kerala during this month was ₹56,400.
Is 916 gold the same as 22K?
Yes, 916 gold refers to 22 Karat gold with 91.6% purity, the standard for most ornaments in Kerala.
Do these monthly rates include GST?
No, these are base market rates. A 3% GST is applicable at the time of purchase in showrooms.
How much gold is in 1 Pavan?
One Pavan is equal to 8 grams of gold, which is the standard unit used for pricing in Kerala.
Why do gold rates differ across Kerala districts?
While mostly uniform, minor variations occur due to local demand and transportation costs in different regions.
What are 'Making Charges' in jewelry?
Making charges cover the labor and design cost. They typically range from 5% to 25% of the gold value.
Is 24K gold used for making jewelry?
Rarely. 24K is too soft for jewelry; 22K is preferred as it is mixed with alloys for durability.
How often are these rates updated?
Rates on keralagold.org are updated daily at 10:30 AM based on the KBMF standards.
Market Archives
Today's Pavan Rate
₹117,760