Kasu Gold Rate in India – Price Per Kasu (22K & 24K) Explained
Table of Contents
The Kasu gold rate reflects the value of gold calculated using a traditional South Indian unit of measurement. One kasu is generally equivalent to approximately 2.5 grams, and its value is derived from the prevailing per-gram gold rate.
Indicative pricing suggests that the kasu gold rate for 22K and 24K gold can be estimated by multiplying the current market rate per gram by the kasu weight. These values are subject to change based on market conditions such as global gold prices and currency movements. This article explains how kasu pricing works, calculation methods, and how it may relate to gold loan valuation.
What Is Kasu? Unit Definition and Gram Weight
The kasu is a traditional South Indian gold measurement, used widely in Andhra Pradesh and Tamil Nadu, most visibly in kasu malai coin necklaces. One kasu equals approximately 2.5 grams under the standard convention. Some regional jewellers work on 2.4 grams instead, a small difference that adds up across a ten-kasu necklace, so confirm the convention before agreeing a price. Shops in these markets may quote per kasu rather than per gram, which is purely a habit of trade, not a different market. Same gold, different ruler.
Gold Rate Per Kasu Today - 22K and 24K Price Table
The table below provides an illustrative conversion of per-gram gold rates into kasu-based pricing using the standard 2.5 grams assumption.
|
Kasu |
22K (INR) |
24K (INR) |
|
1 kasu (2.5 g) |
₹32,980 |
₹36,000 |
|
2 kasu (5 g) |
₹65,950 |
₹72,000 |
|
5 kasu (12.5 g) |
₹1,64,880 |
₹1,80,000 |
|
10 kasu (25 g) |
₹3,29,750 |
₹3,60,000 |
Note: Prices are indicative and may vary depending on market benchmarks, location and applicable charges.
The kasu gold rate refreshes daily. 22K remains the standard for jewellery, including traditional kasu pieces, while 24K belongs to coins and bars.
How to Calculate Gold Price Per Kasu
One line does it: gold price per kasu = per-gram rate x 2.5. At today's 22K rate of about ₹13,190, one kasu comes to roughly ₹32,980. A jeweller quoting meaningfully above that per kasu is folding making charges into the metal quote, which is worth asking about. The formula is your cross-check at any counter.
Kasu Gold Value and Your Gold Loan Eligibility
When kasu jewellery is pledged, lenders convert the kasu quantity into grams and assess its value based on purity and prevailing benchmark rates.
For example, a holding of 4 kasu (approximately 10 grams) may be valued using the current per-gram rate for 22K gold. Under the applicable regulatory framework, loan-to-value (LTV) limits are structured as follows:
- Up to ₹2.5 lakh – up to 85%
- ₹2.5 lakh to ₹5 lakh – up to 80%
- Above ₹5 lakh – up to 75%
Based on these limits, the eligible loan amount may be derived from the assessed value of the pledged gold. The final sanctioned amount depends on purity verification, net weight, valuation methodology and lender evaluation.
Valuation is typically based on benchmark prices derived from IBJA or recognised exchanges, using the lower of the previous day’s closing price or a trailing average as applicable under regulatory guidelines.
Factors That Affect the Gold Rate in India
- Global prices. The MCX and international spot markets set the base, and Indian rates follow them daily.
- Currency movement. A weaker rupee against the dollar lifts the rupee price of gold even on flat global days.
- Seasonal demand. Wedding and festival months concentrate buying, firming up rates and local premiums.
- Import duties. Central levies feed straight into the landed cost and, from there, into every quote.
- Making charges. Not part of the metal rate, but they decide the gap between the kasu table above and the final bill.
Conclusion
The kasu gold rate is derived by multiplying the per-gram gold price with the kasu weight, typically around 2.5 grams. Since gold prices fluctuate daily based on market conditions, kasu pricing also changes accordingly.
When used for valuation or lending purposes, kasu-based jewellery is assessed in grams and valued using standardised benchmark pricing methods. The final price or loan amount remains subject to purity assessment, applicable limits and lender evaluation.
Frequently Asked Questions
How many grams are 1 kasu of gold?
Approximately 2.5 grams under the standard South Indian convention, though some regional jewellers work on 2.4 grams. The difference sounds trivial until it compounds: across a ten-kasu necklace it is a full gram of gold, worth over ₹13,000 at current 22K rates. Ask the shop to state its convention in writing on the estimate and cross-check the total gram weight on the bill against the kasu count quoted.
Is the kasu gold rate different from the per-gram gold rate?
No, and this is the misconception worth killing. The kasu rate is simply the per-gram rate multiplied by the gram weight of one kasu (2.5 g standard). There is no separate kasu market and no kasu premium on the metal itself. If a per-kasu quote runs noticeably above multiplication, the excess is making charges or margin, not a different gold price, so ask for the components separately.
Can I use kasu jewellery as collateral for a gold loan?
Yes. Kasu jewellery may be used as collateral for a gold loan, subject to lender policy. The pledged asset is converted into grams, assessed for purity and valued using benchmark prices. The final loan amount depends on applicable LTV limits and lender evaluation.
How do I check the purity of kasu gold?
Look for the BIS hallmark first: 916 confirms 22K, alongside the BIS logo. Traditional kasu pieces are usually 22K, but older or handmade items may carry no stamp at all. A certified assayer, or the purity test done in front of you at a lender's branch before a loan, settles it definitively. For unstamped heirloom pieces, an assay before any sale is cheap insurance against being under-quoted on purity.
Does the kasu gold rate vary between cities in Andhra Pradesh?
Slightly. The base gold rate is set nationally each day, so the metal value of a kasu is effectively uniform, but local making charges, taxes and jeweller association margins nudge final quotes apart between, say, Vijayawada and Tirupati. The page's figures reflect the base metal rate before those additions. For a loan rather than a purchase, city differences vanish entirely, since lenders value against the published national benchmark.
Disclaimer : The information in this blog is for general purposes only and may change without notice. It does not constitute legal, tax, or financial advice. Readers should seek professional guidance and make decisions at their own discretion. IIFL Finance is not liable for any reliance on this content. Read more
