On Friday, Jan 23, gold prices in Kerala were quoted steady across key purities. 24 karat gold was priced at Rs 15,971 per gram, while 22 karat gold stood at Rs 14,640 per gram. 18 karat gold was at Rs 11,978 per gram, based on the latest state-level city rates.
Kerala gold rates today (January 23)
| Purity | Unit | Rate |
|---|---|---|
| 24K | 1 gram | Rs 15,971 |
| 22K | 1 gram | Rs 14,640 |
| 18K | 1 gram | Rs 11,978 |
Gold’s global momentum also remained strong. Gold advanced above $4,950 per ounce on Friday, setting a new record and staying on track for its strongest week since March 2020, supported by lingering geopolitical risks and a weaker dollar. President Trump said he secured permanent US access to Greenland in a deal with NATO, though details remain unclear and Denmark reaffirmed its sovereignty.
In trade-related updates, Trump also canceled planned tariffs on European imports, while the EU said it would suspend threatened countermeasures but is seeking clarity on his intentions. On the economic front, both headline and core US PCE rose as expected, indicating that disinflation continues even as activity remains firm. Markets are pricing in two interest-rate cuts by the Federal Reserve later this year, while investors are awaiting Trump’s choice for the next Fed chair after he completed candidate interviews, with a more dovish appointment likely to further boost expectations for additional rate cuts.
Note: The above gold rates are indicative and do not include GST, TCS and other levies. Exact rates may vary by jeweller and location.
