Gold Price Rate In Kerala Today - Updated Daily

Gold had been considered to one of the most valuable metal which had been used for different purposes much before recorded history. It's estimated that among the produced gold about 50% is used in jewelry, 40% in investments, and 10% in industry. Gold has been used around the world as a medium of exchange.
After 2005 the price of gold had gone up enormously as the year 2011 has seen the most golden period of this metal. The main reason for the rise in price of gold is so because many people buy gold in huge quantity as they think this would serve a future investment.

India is the largest consumer of gold as Indians buys around 25% of the world's gold. It's estimated that around 800 tonnes of gold is bought by Indians every year.

Gold is one of the most wanted metals as it's a connected with various rituals in Kerala. Unlike any other metal available people are fascinated to this yellow metal which makes gold, the most wanted metal in the world. As we know gold is being used for various ceremonies in Kerala. During wedding, almost all families do give prime importance to buy gold.

Gold Price in Kerala – September 2011