Festival month: August/September · Updated 6 October 2026
Gold Price on Onam 2026 – Buying Guide
Complete guide to buying gold during Onam. Today's prices, city comparisons, and smart buying tips.
24K Gold · National Average
₹1,31,752
per 10 grams · 6 October 2026
About the festival
Onam & Gold
Why gold matters during Onam.
Onam is Kerala's biggest festival and one of the peak gold buying seasons in the state. Kerala has one of the highest per-capita gold consumption rates in India.
Gold buying during Onam is a deep-rooted tradition in Kerala. Families buy gold jewellery as part of Onam celebrations. Kerala jewellers like Kalyan, Malabar Gold, and Joy Alukkas offer major Onam collections.
City-wise rates
22K Gold Price in Top Cities
Compare 22K gold rates across major Indian cities for Onam shopping.
Buying tips
Gold Buying Tips for Onam
Smart strategies for buying gold during the festival season.
- ✓Kerala gold prices may include slightly higher making charges for intricate designs
- ✓Compare prices across major Kerala jewellers
- ✓Traditional Kerala gold designs (Manga Mala, Palakka) are popular during Onam
- ✓Check for Onam special discounts on making charges
- ✓Verify purity with BIS hallmark and HUID
FAQ
Frequently Asked Questions
Common questions about buying gold during Onam.
What is the best time to buy gold during Onam?+
It's best to track gold prices a few weeks before Onam and buy when prices dip. Many jewellers offer advance booking with price lock options. Avoid buying on the festival day itself as prices tend to be at their peak due to high demand.
Do gold prices increase during Onam?+
Gold prices are primarily driven by international markets and INR/USD exchange rates, not festivals. However, local premiums may increase by ₹100-500 per 10 grams during peak festival demand. Making charge discounts from jewellers can offset this.
Is it auspicious to buy gold on Onam?+
Yes, Onam is considered one of the most auspicious occasions to buy gold in India. Gold buying during Onam is a deep-rooted tradition in Kerala. Families buy gold jewellery as part of Onam celebrations. Kerala jewellers like Kalyan, Malabar Gold, and Joy Alukkas offer major Onam collections.
Should I buy gold jewellery or gold coins on Onam?+
If you want gold for investment, buy gold coins or bars (no making charges, only 3% GST). If you want wearable gold, buy jewellery but compare making charges across jewellers. Gold coins offer better value for pure investment purposes.
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