Understanding Kasu Gold: Weight,Price & Loan Value Explained

In Indian households, the relationship with gold runs deep. More than a metal, gold is considered a symbol of wealth, an heirloom passed down through generations and a guardian during times of financial uncertainties. Kasu gold holds a special charm among the many traditional gold ornaments, especially in traditional South Indian households.

Table of content

• What is Kasu Gold?
• Weight of Kasu Gold Explained
• Kasu Gold Rate and Factors That Influence It
• Loan Value of Kasu Gold
• Unlock the Value of Kasu Gold With Muthoot Finance

These coin-shaped gold pieces are considered both ornamental and an asset, often arranged in vintage South Indian jewellery pieces. Usually passed down as heirlooms or worn during special occasions like weddings or auspicious festivals, Kasu gold is treasured for its sentimental and monetary value. But beyond its aesthetic value lies a wealth of financial potential, which we have covered in the blog post ahead.

Let us walk you through what it is, help you understand its weight and Kasu gold rate and unlock the loan value when required.

What is Kasu Gold?

The word Kasu means coin in Tamil and Malayalam, and it is often used in crafting traditional South Indian jewellery. These pieces often feature dozens of kasu in small grams engraved with motifs of gods, goddesses or royal insignias. Kasu gold is typically crafted in 22-karat purity, making it a decorative and highly valuable asset.

These coins are generally lightweight, with each Kasu gold coin weighing less than a gram. However, the collective weight of the Kasu gold coins can be quite significant, depending on the size and length of the jewellery piece.

Weight of Kasu Gold Explained

Knowing the exact weight of the Kasu gold pieces is crucial for evaluating their worth. When assessing the value for resale or loan purposes, only the net gold weight of the piece is considered, excluding any additional embellishments, threadwork, or gemstones. To get a reading of Kasu in grams, the jewellery piece should be weighed at a BIS-certified facility or a reputed gold loan provider, like Muthoot Finance. This ensures transparency, especially when applying for a gold loan.

Also, Kasu in grams may vary from piece to piece, so weighing the entire ornament collectively and calculating the net weight accordingly is vital.

Kasu Gold Rate and Factors That Influence It

Just like any other gold jewellery, the gold rate of Kasu is also influenced by a number of factors, like:

Gold Purity

Most Kasu gold is made of 22K purity, which is commonly used for traditional gold jewellery making.

Gold Rate

Gold rate is one of the most important factors, as the price of Kasu gold in 1 gram fluctuates daily depending on global market trends, currency rates and economic indicators. Checking the ‘1 gram kasu gold price today’ will give you an accurate idea of your gold piece’s value.

Making Charges

While making charges are included in retail gold purchasing, they are not factored in when evaluating a gold loan or resale.

Physical Integrity

If your Kasu gold jewellery is in good shape and has no missing pieces, it will likely fetch a better value.

Hence, if you are looking for the price of 1 kasu gold in grams as of today, you will have to multiply the current gold rate per gram by the average weight of one kasu piece (around 0.5 to 1 gram) to get an estimated value.

Loan Value of Kasu Gold

One of the smartest ways to unlock the value of Kasu gold is by applying for a gold loan. During times of financial crisis or funding business expansion, a gold loan provides quick access to funds without parting with your beloved piece of jewellery. The loan amount is calculated based on the Kasu gold rate, purity and weight (excluding embellishments or other stones). Lenders typically offer a Loan-to-Value (LTV) ratio of up to 75%, as regulated by the Reserve Bank of India.

Reputed gold loan lenders, like Muthoot Finance, store gold securely and offer flexible repayment options for convenience and efficient fund management. And the best part is that the time taken from evaluation to disbursement is usually very little, which makes it an attractive option.

Suggested Read:Why Gold Loan is The Best Option During a Cash Crisis?

Unlock the Value of Kasu Gold With Muthoot Finance

As comprehended already, gold carries deep cultural value and significant financial potential, especially in Indian households. With a deep understanding of what Kasu is in the gold market and how the price of 1 Kasu gold today is determined, you can take measurable steps to make investments, resell, or secure funds through a gold loan. Its purity and weight make it an ideal asset for obtaining a gold loan per gram, allowing you to meet your urgent financial needs while retaining ownership of your precious jewellery.

For trusted, hassle-free services, Muthoot Finance is a leading name that offers competitive rates, secure storage, and transparent evaluation of your pledged gold. It helps you make the most of your Kasu gold when it matters most.