Business

Gold prices jump in Kerala as Iran conflict fuels war fears

March 1, 2026

R VishnuLast Updated: 01 Mar 2026, 08:53 am ISTShare Gold prices in Kerala surge by ₹5,240 per sovereign amid escalating West Asia war tensions. Representational imageKochi: As West Asia once again slips into the shadow of war, gold prices in the state have surged sharply. Following a joint attack by the United States and Israel on Iran, the price of gold rose by ₹5,240 per sovereign on Saturday, with trading taking place at ₹1,28,720.

Gold prices jump in Kerala as Iran conflict fuels war fears

Credit: Mathrubhumi

Key Highlights

The price per gram increased by ₹655 to ₹15,465.
The rise occurred in two phases in line with movements in the international gold market.
In the morning, after reports of the attack on Iran, the price per sovereign climbed by ₹2,820 to ₹1,20,800.
The per gram rate rose by ₹290 to ₹15,100.
Later, after Iran retaliated against US military bases in the Gulf region and against Israel, gold prices surged again.

Business

Sources

Gold prices jump in Kerala as Iran conflict fuels war fears

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Gold prices jump in Kerala as Iran conflict fuels war fears

Key Highlights

Sources

Related Stories

Royal Enfield sales up 11 pc at 1,00,905 units in Feb

Adani confirms Israel-based Haifa Port fully secure, operational

Govt to take consensual view before implementing new fuel emission norms...