Gold rate in Kozhikode today
The 24K gold rate in Kozhikode today is ₹ 134,179 per 10 grams, ₹ 13,418 per gram and ₹ 156,504 per tola. Rates on this page are recalculated throughout the trading day, so the figure you see is the one in force right now.
For jewellery buyers the more relevant grade is 22 karat, currently ₹ 122,998 per 10 grams. Twenty-one karat, common in Gulf-style designs, is ₹ 117,407, and 18 karat — the standard for diamond and stone settings — is ₹ 100,635. Twenty karat, occasionally quoted for lighter pieces, works out at ₹ 111,816 per 10 grams.
Silver in Kozhikode is trading at ₹ 201.78 per 10 grams for 999 fine, or ₹ 6,276 per troy ounce.
The Kozhikode gold market
Kozhikode serves northern Kerala and has one of the strongest Gulf migration links in India. That shapes demand directly — buying concentrates around returns and remittance flows, and many buyers are actively comparing local prices against Dubai and Sharjah.
Where Kozhikode sits against the rest of India
Of the 101 India markets we price, Kozhikode is currently the 100th cheapest . It sits ₹ 415 per 10 grams above Mumbai, the national floor.
That gap is not a markup anyone chose. The metal costs the same everywhere on earth at any given second — what differs is the cost of getting a physical bar onto a counter in Kozhikode: freight from the point of import, insurance in transit, security and storage, and how many dealers compete locally. The live national ranking shows every market side by side.
Buying gold in Kozhikode
The Gulf comparison is worth doing properly rather than assuming. Gulf making charges on plain work are often genuinely lower, but Indian hallmarking and HUID give you verification and resale documentation that a souk purchase may not. Compare the total, and compare the paperwork.
Whatever else you do, get four figures separately before agreeing anything: the metal rate for the exact karat you are buying, the making charge, the wastage percentage, and the tax. With those four, two shops become directly comparable. With a single all-in price, they cannot be — and a shop unwilling to break it down has told you something about the price.
One more local reference point: at current Kozhikode rates a gram of 24K gold costs about 66× a gram of 999 silver. Silver rates for Kozhikode are published in full.
Before you buy or sell in Kozhikode
These cost people more money than the rate itself does, and each is worth two minutes:
- Two words decide the price here. 916 is the hallmark for 22 carat, and a pavan is 8 grams — get both straight before comparing shops.
- Making charges, not the gold rate, are what differ between shops. How they are calculated, and why a low charge with high wastage can cost more than the reverse.
- Check the karat before you check the price. What the stamps guarantee and which tests actually prove anything — the magnet test only works in one direction.
- Understand where the number comes from. The full chain from dollar spot to the board outside your jeweller, with today's live figures at each step.