Thiruvalla is a key town within Pathanamthitta district which is popular for its pilgrim tourism. The city is also popular for the Kathakali dance, especially the one performed at the Sreevallabha temple annually. Gold rates in Thiruvalla is fetched directly from jewellers across the district.
Rates are presented in per gram, 8 grams (Sovereign), 10 grams (Tola) and 100 grams for both 22 and 24 Karat/Carat variants. Sify.com also shows rates in analytical formats such as last 7 days and last 30 days. Rates mentioned on this page are exclusive of making charges and taxes such as GST.
Gold Popularity Meter in Thiruvalla:
The investment community is quite active in Thiruvalla and Gold trading is not new for the locals. From investment banks to jewellers, a number of avenues for gold investment are available here. The working class is decent in Thiruvalla with many engaged in business. Both working class and businessmen realize the importance of Gold as an investment asset. Also, many housewives and farmers invest in the yellow metal. Investments are mostly in the form of jewellery or coins. Since farming is still a major occupation, gold rates may peak during harvest season.
24 and 22 Karat Gold Rate Movement in Thiruvalla
Gold rates in Thiruvalla are subject to international dollar-rupee fluctuations and the cost of the yellow metal in dollar terms. Prevailing 24-Karat gold rates are arrived at by association of leading jewellers. The costs on transportation, import duties and tariffs are also added to arrive at the final price of 24-karat gold. When it comes to pure or 24-karat gold, the preference is mostly for 999 and 995 coins.
Rates by the association are usually tallied twice a day except for weekends and state holidays. Some jewellers and a majority of goldsmiths may quote a uniform rate throughout business hours, unless a major price change occurs during the day. In Thiruvalla, much like the country, differences in the rate-card of neighboring jewellers is easy to spot. The variance, although confusing, is only owing to diverse business operations and cost of raw materials. Some of the factors that result in differences include cost of impurity (Platinum, Palladium, Silver, Nickel, Aluminium, Iron), transportation, logistics, expenses incurred on security, changes in business operations, and finally the margins.
Popular Gold Jewellers in Thiruvalla:
Popular jewellers in Thiruvalla include Joyalukkas, Malabar Gold and Diamonds, Bhima Jewels, Josco, and Kalyan Jewellers.
Why subscribe to authentic rates:
Investment in Gold or bullion can always safeguard your hard-earned money from inflation. It is advised that each individual keen of building a financial portfolio should allocate 10 to 15 percent of his or her savings in gold and gold-backed assets. However, in these days of market-competition and digitization, getting accurate rates has turned out as a cumbersome task. Even a 10 rupee change in gold rates can result in a huge saving in your financial portfolio.
The gold rates in Thiruvalla is a way to enable customers access the latest and authentic gold rates. Having the latest and authentic rates can help buyers plan and even negotiate when it comes to buying and selling of gold and jewellery. Knowing the latest rate also helps while seeking a gold loan. As a reader engagement, Sify talks to several industry veterans and market experts to offer readers latest insights on where gold rates could head to. We request readers to bookmark this page or download Sify Gold rates app to keep a track of the latest and most accurate gold trends across India.
Disclaimer: Sify.com showcases news, analysis and gold rates with the sole objective of financial prosperity for all. Rates mentioned on this page may vary within the same city and readers are hence advised to consult with a registered financial advisor. For any complaints, feedback, opinions or to share experiences write to firstname.lastname@example.org with the subject – Gold / Bullion.