Jhumka Gira Re! Gold Prices In Delhi Vs Kerala: Big Drop Of Rs 17,400 In Yellow Metal; Compare Rates

Gold prices in India's major cities have declined sharply from their peak levels on Friday, April 4. Still, their are set for weekly gains due to back-to-back breaking all-time highs. Gold witnessed its most decline in 24K of 100 grams by Rs 17,400, while least fall was by Rs 131 in 1 grams. However, in the leading gold market of north and south, namely Delhi and Kerala, gold prices differ from one another. Who offers better price?

Gold Prices In Delhi:

24K gold price dropped by Rs 17,400 to Rs 9,17,900 in 100 grams, while 10 grams gold is down by Rs 1,740 to Rs 91,790. Further, 8 grams and 1 gram gold is down by Rs 1,392 and Rs 174 to Rs 73432 and Rs 9,179 respectively.

In case of 22K, 100 grams of gold declined by Rs 16,000 to Rs 8,41,500. Further, 10 grams of gold is down by Rs 1,600 to Rs 84,150. Meanwhile, 8 grams and 1 gram of gold plunged by Rs 1,280 to Rs 67,320. Also, 1 gram gold is down by Rs 160 to Rs 8,415.

Meanwhile, 100 grams of gold in 18K dipped by Rs 13,100 to Rs 6,88,500, while 10 grams gold in the same, plunged by Rs 1,310 to Rs 68,850. 8 grams and 1 gram gold is down by Rs 1,048 and Rs 131 to Rs 55,080 and Rs 6,885.

In March month, gold prices in Delhi surged over 6.10%.

Gold rates in Delhi is always different from those of others. There are numerous reasons such as; 1) The octroi charges differ with Delhi and other cities which alters the gold prices; 2) Numerous state taxes can also change the gold rates in the city; 3) The transportation costs in the city also tend to alter the gold rates there; 4) Other costs like making charges may also differ.

External factors like international prices, inflation pressure, dollar movement and other economic developments impact gold prices.

Gold Prices In Kerala:

A similar decline was recorded in Kerala gold prices as well.

24K gold price was down by Rs 17,400 to Rs 9,16,400 in 100 grams, while price was down by Rs 1,740 to Rs 91,640 in 10 grams. Additionally, gold prices slipped by Rs 1,392 to Rs 73,312 per 8 grams. Lastly, 1 gram of gold is down by Rs 174 to Rs 9,164.

Furthermore, 100 grams and 10 grams of gold were down by Rs 16,000 and Rs 1,600 in a single day to Rs 8,40,000 and Rs 84,000 in 22K. Also, 8 grams of gold declined by Rs 1,280 to Rs 67,200, and 1 gram of gold was lower by Rs 160 to Rs 8,400.

Moreover, the 18K gold price is at Rs 6,87,300 in 100 grams, down by Rs 13,100. Additionally, 10 grams of gold slipped by Rs 1,310 to Rs 68,730. Also, 8 grams of gold is down by Rs 1,048 to Rs 54,984 and 1 gram of gold is lower by Rs 131 to Rs 6,873.

Gold prices in Kerala also surged by 6.1% in March 2025.

Kerala has always had a fascination for gold and gold jewellery. In fact, Malayalees, who traveled in large numbers in the 1970s, 1980s, 1990s and 2000s to the Gulf always came back with gold. Kerala has a number of jewellery shops spread across the length and breadth of the state. Every top city including Cochin, Thiruvananthapuram, and Calicut have plenty of jewellery shops. Apart from this, even the smaller towns have a number of jewellery shops.

Who offers better gold prices? Yellow metal in Delhi is more expensive than compared to gold sold in Kerala.

Overall, on Friday, the price of gems and jewellery slipped across the country. As the song says, 'Jhumka Gira Re'. Should you buy though?

5 Things To Know About Gold:

According to Barclay's website, here are 5 factors to know about gold before investing:

1. The value of gold doesn't tend to move in line with other assets such as shares or property, and often rallies when stock markets fall. This lack of correlation with other assets can make it a useful diversifier when held as a small proportion of a balanced portfolio.

2. Investors often see gold as a 'safe haven' during periods of uncertainty, but all sorts of factors can have an impact on its price. These include supply and demand, the state of the global economy, and political uncertainty, all of which mean gold can be a highly volatile investment. You should therefore seek professional financial advice if you're uncertain whether this is the right kind of investment for you.

3. If you're seeking an income from your investments, gold won't pay you any interest, nor will it provide you with any dividends. Instead the hope is that gold will provide you with long-term capital returns, although as with other forms of investment, there are no guarantees and you could get back less than you put in.

4. Taking a direct approach to owning gold, for example by buying bullion bars or coins is one way to gain exposure to the precious metal, but you'd need to consider storage and insurance costs which can be expensive.

5. One way to invest in gold without physically owning it is to opt for a specialist fund, investment trust or exchange-traded commodity (ETC). Like other Exchange-traded Funds, ETCs are stock market-listed passive investments. They either track the price of a resource, such as coffee, or a particular sector, like precious or industrial metals.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.