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41· Steady
Economics2h 27m ago
Gold prices in Kerala fell by ₹1,560 per sovereign to ₹106,800 on Thursday, totaling a ₹5,520 per sovereign drop over two days.
Kerala
Who
All Kerala Gold and Silver Merchants Association (AKGSMA)
What
Gold prices in Kerala fell by ₹1,560 per sovereign to ₹106,800 on Thursday, totaling a ₹5,520 per sovereign drop over two days.
When
Thu, 11 Jun 2026 06:40:30 GMT · 2h 27m ago
Where
Kerala ·
Why
The decline is due to international gold price trends and growing expectations that the US Federal Reserve could maintain higher interest rates for longer.
The Frontline Impact
How this affects you
The significant drop in gold prices in Kerala, following a prolonged rally, offers relief to buyers in the region and reflects global economic pressures and monetary policy expectations.
Story chain
1 event in this threadNo related history yet - this is the origin event.
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