Gold prices in Kerala have registered a sharp decline, tracking volatile global trends triggered by US inflation worries and signals of potential interest rate hikes by the US Federal Reserve.
Today’s Kerala Gold & Silver Rates (November 11, 2026)
- 22-Carat Gold (1 gram – 916): ₹13,015
- 18-Carat Gold (1 gram – 750): ₹10,650
- Silver (1 gram): ₹200
Market Overview: Why Are Gold Prices Falling?
The downward trend in the domestic market follows a significant correction from yesterday (November 10, 2026). As reported by Manorama Online, international gold prices slumped down to $4,071 per ounce.
The tumble was heavily influenced by comments from US Federal Reserve Governor Christopher Waller, indicating that persistent inflation could necessitate higher interest rates. This pushed the US dollar and bond yields higher, dampening the safe-haven appeal of gold and resulting in a corresponding price drop across Kerala markets. Financial analysts note that further inflation updates from the US could dictate whether prices will extend their downward momentum or stabilize.
