Gold Prices Plummet in Kollam as Market Volatility Takes Hold

The gold rate in Kollam has seen fluctuations throughout September 2026. At the start of the month, the price stood at ₹1,56,760 per 10 grams, but by the second day, it had fallen to ₹1,54,080.

This trend is not unique to September; gold prices have been volatile in Kollam throughout 2026. In August, the rate rose to ₹1,63,980 before settling at ₹1,58,230 by the end of the month. July saw a slight increase from ₹1,43,790 to ₹1,44,340.

In contrast, June experienced a decline in gold prices, with the opening and closing rates being ₹1,59,590 and ₹1,41,920 respectively. May, however, showed an upward trend from ₹1,50,670 to ₹1,57,040 by the end of the month.

For those considering investing in gold, it's essential to understand the different purities and their applications. 24K gold is considered the purest form but is too soft for jewellery, making it suitable for investment in coins and bars. On the other hand, 22K gold is standard for traditional Indian jewellery due to its durability.