Kerala Gold Silver Price On March 14: Is It Cheaper Or Costlier Today?

The precious metals market in Kerala showed a mixed performance on Saturday, March 14, 2026. While gold continues to trade at historically elevated levels, the market has seen a subtle cooling from the record-breaking highs witnessed earlier in the month.

Gold Rates Overview
As of the latest update at 12:40 PM on Bullions website, the price for 24-karat gold (99.9% purity) stands at ₹15,925 per gram. For those looking at standard investment or large-scale purchases, the cost for 10 grams is positioned at ₹1,59,250, while a full kilogram is valued at ₹1,59,25,000.

The 22-karat gold segment, which remains the primary choice for Kerala's bustling jewellery sector, is currently priced at ₹14,598 per gram. This brings the sovereign-equivalent (8 grams) and 10-gram rates to approximately ₹1,16,784 and ₹1,45,979 respectively.

Lower purity variants, often used for modern, lightweight, or stone-encrusted designs, are priced as follows:

18 Karat: ₹11,944 per gram

14 Karat: ₹9,290 per gram

12 Karat: ₹7,963 per gram

Silver Market Performance

Silver has experienced a sharper correction compared to gold. In Kerala, Silver 999 (Fine) is currently retailing at ₹260 per gram, bringing the price of one kilogram to ₹2,59,990. This represents a notable decline from the ₹2.80-₹3.15 lakh range seen at the start of March.

Other silver grades include:

925 Sterling Silver: ₹240 per gram

900 Coin Silver: ₹234 per gram

800 German Silver: ₹208 per gram

Market Drivers and Outlook

The current stabilization in prices is attributed to several global and domestic factors:

Macroeconomic Headwinds: A strengthening US Dollar Index and rising Treasury yields have put downward pressure on non-yielding assets like gold and silver.

Monetary Policy: Investors are closely watching the upcoming Federal Reserve meeting on March 18. Expectations of a "higher-for-longer" interest rate environment have tempered the aggressive rally seen in February.

Geopolitical Context: While tensions in the Middle East and concerns over the Strait of Hormuz continue to provide a "safe-haven" floor for prices, recent efforts to stabilize oil markets have reduced some of the immediate inflationary panic.

Local Demand: In Kerala, the wedding season remains a significant driver. While the high prices have led to some "wait-and-watch" behavior among retail buyers, cultural demand continues to support a regional premium compared to northern Indian markets.

Analysts suggest that gold may hold its support near the ₹1.55-₹1.60 lakh mark (per 10g) in the near term, with silver remaining range-bound as it balances its dual role as both an investment and an industrial commodity.