Gold prices in Kerala on May 14, 2026 stood at Rs 16,233 per gram for 24 carat gold, Rs 14,880 per gram for 22 carat gold and Rs 12,175 per gram for 18 carat gold, as domestic bullion rates continued to trade near elevated levels after the recent import duty-led price adjustment.
For Kerala consumers, 10 grams of 24 carat gold costs Rs 1,62,330 today, while 10 grams of 22 carat gold costs Rs 1,48,800. The rate for 10 grams of 18 carat gold stands at Rs 1,21,750.
Kerala’s rates are in line with the standard national pricing seen in several major markets including Bengaluru, Hyderabad and Pune. Vadodara and Ahmedabad are trading marginally higher at Rs 16,238 per gram for 24 carat gold.
The current price trend follows India’s decision to raise import duty on precious metals from 6% to 15%. Since India depends heavily on imported gold, the duty hike has pushed domestic bullion prices to a higher base, with retail rates adjusting to the new landed cost structure.
Kerala remains one of India’s most important gold consumption markets, with strong demand linked to weddings, festivals, family savings and long-term investment preferences. Gold buying in the state is closely watched because of the high cultural and financial importance attached to the metal.
After the sharp duty-led price movement, the market now appears to be consolidating around the new elevated range. Buyers in Kerala are likely to track international gold prices, rupee movement, crude oil trends and geopolitical developments for further cues.
Gold prices may remain volatile in the near term as global markets monitor the Trump-Xi meeting, Iran ceasefire developments, inflation trends and movement in the U.S. dollar. In India, rupee weakness and the higher import duty continue to support domestic prices.
Rates are indicative and may vary from jeweller to jeweller. The above prices exclude GST, making charges, TCS and other local levies. Buyers should check final rates with their local jeweller before making any purchase.