Said to be the largest-ever tax raid in Kerala, the investigation covered 74 buildings that included retail jewellery shops, wholesale outlets, ornament-making units, and residences of jewellery owners.

Gen Z's growing appetite for alternative jewellery is pushing Kerala's gold jewellers to adapt to shifting consumer trends.

MCX gold opens at ₹70,303 per 10 grams, quickly reaching ₹70,398 intraday. Meanwhile, Kerala gold prices experience a modest rise, with a slight increase noted today.