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24K Gold ₹15,488 — 0.00% |
22K Gold ₹14,187 — 0.00% |
18K Gold ₹11,628 — 0.00% |
Silver ₹235 — 0.00% |
Platinum ₹5,532 — 0.00% |
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Gold Rate in Ottappalam Today

Ottappalam, Palakkad, Kerala

Updated Today

Ottappalam Gold Rates

Today's prices · 05 Sep 2026

22K Gold (916) ↑ ₹86.4
₹14,198.05
per gram
10 grams ₹141,981
100 grams ₹1,419,805
Yesterday ₹14,111.65
24K Gold (999)
₹15,500.01
per gram
10 grams ₹155,000
100 grams ₹1,550,001
Yesterday ₹15,405.71
18K Gold (750)
₹11,636.66
per gram
10 grams ₹116,367
Silver (999)
₹235.46
per gram
100 grams ₹23,546

Gold Rate by Weight in Ottappalam

Today · 05 Sep 2026

Weight 24K (999) 22K ★ (916) 18K (750)
1 gram ₹15,500 ₹14,198 ₹11,637
2 grams ₹31,000 ₹28,396 ₹23,273
4 grams ₹62,000 ₹56,792 ₹46,547
5 grams ₹77,500 ₹70,990 ₹58,183
8 grams ₹124,000 ₹113,584 ₹93,093
10 grams ₹155,000 ₹141,981 ₹116,367
1 Tola (11.664 g) ₹180,789 ₹165,603 ₹135,728
20 grams ₹310,000 ₹283,961 ₹232,733
50 grams ₹775,001 ₹709,903 ₹581,833
1 Troy oz (31.1 g) ₹482,105 ₹441,609 ₹361,941
100 grams ₹1,550,001 ₹1,419,805 ₹1,163,666
1 kg ₹15,500,010 ₹14,198,050 ₹11,636,660
★ 22K (916 Hallmark) is the standard for jewellery in India. Prices are metal value only — making charges, GST (3%), and hallmarking fee are additional.

Gold Price Calculator — Ottappalam

Calculate gold value by weight at today's local rate

Estimated Gold Value

* Metal value only. Add making charges (₹200–₹800/g), 3% GST, and hallmarking fee for total purchase cost.

10-Day Gold Rate History — Ottappalam

22K & 24K daily rates

Date 24K / gram 22K / gram 22K / 10g
05 Sep 2026 Today ₹15,500.01 ₹14,198.05 ₹141,981
04 Sep 2026 ₹15,405.71 ₹14,111.65 ₹141,117
03 Sep 2026 ₹15,130.01 ₹13,859.15 ₹138,592
02 Sep 2026 ₹15,329.91 ₹14,042.25 ₹140,423
01 Sep 2026 ₹15,595.11 ₹14,285.15 ₹142,852
31 Aug 2026 ₹15,969.41 ₹14,627.95 ₹146,280
30 Aug 2026 ₹15,969.41 ₹14,627.95 ₹146,280
29 Aug 2026 ₹15,969.41 ₹14,627.95 ₹146,280

Monthly Gold Rate Summary — Ottappalam

22K highest and lowest price each month

Sep 2026
High
₹14,285
Low
₹13,859
Aug 2026
High
₹14,628
Low
₹14,628

30-Day Gold Price Trend

22K gold rate movement in Ottappalam

About Gold Rate in Ottappalam

Gold rate in Ottappalam, Palakkad, Kerala today is ₹14,198.05 per gram for 22K (916 Hallmark) gold and ₹15,500.01 per gram for 24K (999) gold. These rates are updated daily based on the official IBJA (India Bullion and Jewellers Association) rate, adjusted for local market conditions in Ottappalam.

The price of gold in Ottappalam may vary slightly from the national IBJA rate due to transportation costs from the nearest wholesale gold hub, local taxes, and jeweller margins. The actual price you pay at a jewellery store will be higher — jewellers add making charges (typically ₹200–₹800 per gram), 3% GST on the total, and a hallmarking fee of ₹45 per piece.

22K gold (916 hallmark) is the most popular choice for jewellery purchases in India including Ottappalam because it is durable and affordable. 24K gold (999 purity) is preferred for investment in coins and bars as it has no alloy content. 18K gold is used for lightweight, modern jewellery designs.

There are currently 4 jewellers listed in Ottappalam on JewellersInCity. Use the listings above to compare prices, read reviews, and find the best jeweller near you.

Frequently Asked Questions

Gold rate in Ottappalam — common queries answered

Today's gold rate in Ottappalam, Palakkad is ₹14,198.05/gram for 22K (916 Hallmark) and ₹15,500.01/gram for 24K (999 purity). These rates are as of 05 Sep 2026.
10 grams of 22K gold in Ottappalam costs ₹141,981 today. 10 grams of 24K gold costs ₹155,000. Note: actual purchase price will include making charges and 3% GST.
1 Tola equals 11.664 grams. At today's rate, 1 Tola of 22K gold in Ottappalam costs ₹165,603 and 1 Tola of 24K gold costs ₹180,789.
1 Sovereign equals 8 grams. Today's price for 1 sovereign of 22K gold in Ottappalam is ₹113,584.
The IBJA (India Bullion and Jewellers Association) publishes a national benchmark rate. Local rates in Ottappalam vary by ₹1–₹15 per gram due to transportation costs from the nearest wholesale gold market, local demand, and supply chain logistics. Cities near wholesale hubs like Mumbai, Delhi, or Ahmedabad tend to have rates closer to the national benchmark.
22K gold (916 hallmark) is ideal for jewellery as it is more durable due to alloy content, and is the most common purity in Indian jewellery stores. 24K gold (999) is best for investment — coins and bars — because it has no alloy and retains value better. For daily-wear jewellery, 22K is the practical choice.
100 grams of 22K gold in Ottappalam costs ₹1,419,805 today. 100 grams of 24K gold costs ₹1,550,001. These are metal values only; buying cost will be higher.
The gold rate across Palakkad district follows the same base IBJA rate with minor tehsil-level adjustments. For the exact Palakkad district rate, visit the Palakkad gold rate page. Ottappalam is one of the tehsils within Palakkad district.

Ottappalam Stats

Today vs Yesterday

22K Today ₹14,198.05
22K Yesterday ₹14,111.65
Change +₹86.40
Disclaimer

Rates shown are indicative. Actual prices include making charges, GST and vary by jeweller.

Ottappalam vs National Gold Rate Today

How the local rate is built up from the IBJA benchmark

Ottappalam
₹14,198
per gram · 22K
Adjusted
Palakkad Dist.
per gram · 22K
Kerala
per gram · 22K
India (IBJA)
₹14,187
per gram · 22K
Ottappalam: +₹11
Nearest gold hub: Chennai (495 km)
Location premium: +₹10.65/g vs IBJA
▲ ₹86/g vs yesterday

Gold Rate FAQ — Ottappalam

Common questions about gold pricing in Ottappalam

What is today's gold rate in Ottappalam?
Today's 22K (916 hallmark) gold rate in Ottappalam is ₹14,198 per gram. The 24K (999 purity) rate is ₹15,500/gram and 18K (750) is ₹11,637/gram. This rate is computed from the IBJA national benchmark adjusted for Ottappalam's distance from Chennai (495 km). Rates rose ₹86/g compared to yesterday.
Why does gold cost more in Ottappalam than the national rate?
Gold is physically transported from major bullion hubs (Mumbai, Delhi, Chennai, Kolkata, Ahmedabad, Hyderabad, Jaipur, Surat) to retail outlets across India. Ottappalam is 495 km from the nearest hub (Chennai), so jewellers add a small location premium to cover transport, insurance, and local handling. The current location premium for Ottappalam is +₹10.65 per gram over the IBJA benchmark. State-level taxes and association-set retail prices also create small variations between cities.
When is the best time to buy gold in Ottappalam?
Two strategies — astrological and economic — guide gold buying in India. Astrologically, the next auspicious muhurat for Ottappalam is Akshaya Tritiya on Sunday, 9 May 2027 (245 days away), with the local window between 05:49 – 13:10. Economically, IBJA publishes rates twice daily (AM and PM) — afternoon rates often differ from morning by ₹20–₹100/g. Avoid buying during festival peaks (Akshaya Tritiya, Dhanteras) when rates spike from demand. Gold tends to soften in March-April after wedding season ends and again in September before Navratri starts.
What are the GST and other taxes on gold in Ottappalam?
Two GST components apply to every gold jewellery purchase across India, including Ottappalam: 3% GST on the gold value (weight × today's rate) and 5% GST on the making charges. A typical 10-gram 22K piece at today's rate of ₹14,198/g works out to: gold ₹141,981 + making charges (typically 8–13% in Kerala) + 3% GST on gold + 5% GST on making. Since June 2021, hallmarking adds no extra cost — every BIS-certified piece must include the HUID stamp at no charge. Always insist on a GST-compliant tax invoice; without one, the purchase isn't legally protected and resale value drops.
How often do gold rates change in Ottappalam?
The India Bullion and Jewellers Association (IBJA) publishes official benchmark rates twice every working day — once in the morning and once in the afternoon. Most jewellers in Ottappalam update their counter rates with the AM IBJA rate and hold it through the day. International gold prices in London or Comex can shift the IBJA AM-vs-PM by ₹50–₹200 per gram on volatile days. On weekends and bank holidays no fresh rate is published, so Friday's evening rate carries through to Monday morning. For Ottappalam, the local rate also includes the location premium of +₹10.65/g — this stays stable for weeks unless the nearest hub's transport costs change.

Rate Tools — Ottappalam

Calculate, verify and convert gold values

Today's All-In Price (per 10g)

Final out-of-pocket price for 10 grams in Ottappalam including local making charges and GST:

Gold (22K, 10g) ₹141,981
Making @ 12% ₹17,038
GST (3% gold + 5% making) ₹5,111
Final price ₹164,129

Estimate only — your jeweller's actual making rate may differ. Always ask for an itemised bill.

Old Gold Exchange Rate

Today's likely buy-back rate per gram at Ottappalam jewellers (before wastage and assay deductions):

22K (916) hallmarked ~₹13,630/g
18K (750) hallmarked ~₹11,163/g
14K (585) hallmarked ~₹8,710/g

Formula: today's 22K × purity factor × (1 − wastage). Most Ottappalam jewellers deduct 2–8% as wastage. Non-hallmarked gold gets assayed first, often reducing the rate further.

HUID Verification

Every gold piece sold in Ottappalam after June 2021 must carry a six-digit HUID. To verify any bill or piece:

  1. Download BIS Care app (Play Store / App Store, free)
  2. Tap "Verify HUID" inside the app
  3. Enter the six-digit code stamped on your jewellery
  4. Match jeweller name + purity + hallmarking date with your bill

If the BIS Care result differs from the jeweller you bought from, refuse the piece and report to BIS at 1800-11-4000.

About Ottappalam

Palakkad, Kerala

Ottappalam is a tehsil in Palakkad district, Kerala. The nearest major gold trading hub is Chennai, approximately 495 km away, which results in local gold rates running about ₹10.65/g above the IBJA national benchmark. Ottappalam uses STD code 05647.

STD Code
05647
Nearest Gold Hub
Chennai · 495 km
Coordinates
10.7767°N, 76.3759°E
Gold Price Adjustment
+₹10.65/gram vs national

Upcoming Gold-Buying Muhurats — Ottappalam

Auspicious dates with local timing (-24 min vs IST)

Akshaya Tritiya

245 days away

Sunday, 9 May 2027

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Ottappalam window
05:49 – 13:10
IST: 06:14 – 13:35 IST

Akshaya Tritiya

599 days away

Thursday, 27 April 2028

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Ottappalam window
05:29 – 11:59
IST: 05:54 – 12:24 IST

Dhanteras

63 days away

Saturday, 7 November 2026

The first day of Diwali — when buying gold, silver and utensils invokes Goddess Lakshmi's blessings. Largest single-day gold buying event in India.

Ottappalam window
17:04 – 18:59
IST: 17:29 – 19:24 IST
Why timings differ from IST: Vedic muhurats are computed from local sunrise — so Ottappalam's longitude shifts the auspicious window by roughly 24 minutes from the standard IST muhurat. Ottappalam jewellers traditionally honour these local windows during festival sales.

Kerala Jewellery Market

State-level buying context for Ottappalam shoppers

Tradition & Style

Kerala has the highest per-capita gold consumption in India. Cherabhumi (waist belt) and Kasumala necklaces are iconic bridal pieces. Thrissur is the state's gold trade capital.

Typical Making Charges

8–13%

of gold value in Kerala

Preferred Purity

22K hallmark; 24K coins popular for investment

Peak Buying Seasons

Onam (Aug–Sep), Vishu (Apr), Christmas, wedding season (Dec–Feb)

Major Gold Markets in Kerala

Thrissur Kochi Kozhikode Thiruvananthapuram

BIS adoption: Very high — Kerala's organized retail jewellery sector is among the most BIS-compliant in India.

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