Last updated on: 8th Mar 2023 06:30 AM
The third largest city in Kerala, Thrissur, is the Cultural Capital. It is filled with beautiful temples, like the Vadakkunnathan Temple, the Thiruvambadi Sri Krishna Temple, and the Paramekkavu Temple. The city is also home to the largest church in India — Our Lady of Dolours Syro-Malabar Catholic Basilica, and the oldest mosque in India — Cheraman Juma Masjid.
Given Thrissur's rich religious backdrop, it is no surprise that the city attracts thousands of domestic and international tourists. Consequently, the markets for gold and silk are ever-booming in the town.
Thrissur also plays host to numerous festivals every year. Thrissur Pooram is celebrated in April-May, and Puli Kali is celebrated in August-September. During both these periods and numerous smaller festivals around the year, Thrissur observes a large influx of tourists and, thus, sees an increase in the purchase of gold articles.
Gram | Yesterday | Today |
---|---|---|
1 gram | ₹542.30 -1.10 (-0.20%) | ₹542.30 0.00 (0.00%) |
8 grams | ₹4,338.40 -8.80 (-0.20%) | ₹4,338.40 0.00 (0.00%) |
10 grams | ₹5,423.00 -11.00 (-0.20%) | ₹5,423.00 0.00 (0.00%) |
100 grams | ₹54,230.00 -110.00 (-0.20%) | ₹54,230.00 0.00 (0.00%) |
Both gold and fixed deposits are popular investment instruments. However, both share some differences, too. To begin with, returns from FD are guaranteed and fixed. Market fluctuations or economic conditions don’t affect your interest income.
On the other hand, gold rates can fluctuate. This is because gold rates get decided daily. They could go up or down based on economic conditions. But per historical trends, gold rates have always gone up in the longer term.
Day | 24K Gold | 22K Gold |
---|---|---|
09 Mar 2023 | ₹5,423.00 0.00 (0.00%) | ₹4,971.26 0.00 (0.00%) |
08 Mar 2023 | ₹5,423.00 -11.00 (-0.20%) | ₹4,971.26 -10.08 (-0.17%) |
07 Mar 2023 | ₹5,434.00 0.00 (0.00%) | ₹4,981.35 0.00 (0.00%) |
06 Mar 2023 | ₹5,434.00 0.00 (0.00%) | ₹4,981.35 0.00 (0.00%) |
05 Mar 2023 | ₹5,434.00 0.00 (0.00%) | ₹4,981.35 0.00 (0.00%) |
04 Mar 2023 | ₹5,434.00 0.00 (0.00%) | ₹4,981.35 0.00 (0.00%) |
03 Mar 2023 | ₹5,434.00 16.00 (0.29%) | ₹4,981.35 14.67 (0.25%) |
02 Mar 2023 | ₹5,418.00 16.00 (0.30%) | ₹4,966.68 14.67 (0.25%) |
01 Mar 2023 | ₹5,402.00 10.00 (0.19%) | ₹4,952.01 9.17 (0.16%) |
28 Feb 2023 | ₹5,392.00 -16.00 (-0.30%) | ₹4,942.85 -14.67 (-0.25%) |
Gold is valuable only when it is pure. There are instances where customers are duped with impure gold. Hence, confirming the purity of gold is crucial.
The Bureau of Indian Standards (BIS) is a government authority that certifies the purity of gold. According to BIS, the following factors are to be kept in mind when buying gold.
Jewellery hallmarked by BIS will have a BIS logo on it. Remember that since BIS is the only authorized laboratory in India for gold certification.
Karat is a scale to gauge gold's purity. While 24 karat gold is the purest, it is too soft for use. Hence, other metals are added and the gold available in the market is often 22 Karat.
The gold you buy should also carry an identification mark by an authorized jeweller. This helps ensure the gold is from a credible source. The mark can also be helpful in the case of disputes.
Why is Thrissur called the "Gold Capital of India?"
Thrissur is called the Gold Capital of India because of its highly voluminous gold market. More than ₹700 crores are transacted daily in the city, and about 70% of the total gold in Kerala is mined in Thrissur.
Where should I buy gold in Thrissur?
Where can I get gold loans in Thrissur?
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