Gold Rate in Mangalore

Last Updated: 29th November 2022
  • 24 Carat Gold Rate (10 grams)
    ₹ 52,930 -100 (-0.19%)
  • 22 Carat Gold Rate (10 grams)
    ₹ 48,510 -100 (-0.19%)

Mangalore is a major commercial hub with a special interest in gold trade. The place observes long queues in gold shops during festivities and wedding seasons. As per experts, gold investment in this city usually goes on irrespective of the price hikes. Besides the cultural significance, many prefer to invest in gold as a hedge against inflation. Today Gold rate in Mangalore is ₹ 52,930 per 10 grams for 24 Carat and ₹ 48,510 for 22 Carat.

24 Carat Gold Rate in Mangalore Today

Digital Gold Price
Gram 24K Gold Price Daily Price Change
1 gram
₹ 5,293 - ₹ 10
8 grams
₹ 42,344 - ₹ 80
10 grams
₹ 52,930 - ₹ 100
100 grams
₹ 5,29,300 - ₹ 1,000

22 Carat Gold Rate in Mangalore Today

Gram 22K Gold Price Daily Price Change
1 gram
₹ 4,851 - ₹ 10
8 grams
₹ 38,808 - ₹ 80
10 grams
₹ 48,510 - ₹ 100
100 grams
₹ 4,85,100 - ₹ 1,000

Gold Rate Comparison (24K vs 22K) in Mangalore

Gold Rate in Mangalore for Last 15 Days

Date Pure Gold (24K) Standard Gold (22K) % Change
28 November 2022
₹ 53,030 ₹ 48,610 0%
27 November 2022
₹ 53,030 ₹ 48,610 +0.02%
26 November 2022
₹ 53,020 ₹ 48,600 0%
25 November 2022
₹ 53,020 ₹ 48,600 0%
24 November 2022
₹ 53,020 ₹ 48,600 +0.62%
23 November 2022
₹ 52,700 ₹ 48,300 -0.10%
22 November 2022
₹ 52,750 ₹ 48,350 -0.41%
21 November 2022
₹ 52,970 ₹ 48,550 -0.21%
20 November 2022
₹ 53,070 ₹ 48,650 0%
19 November 2022
₹ 53,070 ₹ 48,650 -0.31%
18 November 2022
₹ 53,230 ₹ 48,800 0%
17 November 2022
₹ 53,230 ₹ 48,800 +1.56%
16 November 2022
₹ 52,410 ₹ 48,050 +0.42%
15 November 2022
₹ 52,200 ₹ 47,850 -0.91%
14 November 2022
₹ 52,670 ₹ 48,290 0%

Historical Gold Rate in Mangalore

Gold Price Movement October 2022

Gold Rates 22 Carat 24 Carat
1st October rate ₹ 46,550 ₹ 50,780
31st October rate ₹ 46,650 ₹ 50,910
Highest rate in October ₹ 47,900 on 8th October 2022 ₹ 52,250 on 8th October 2022
Lowest rate in October ₹ 46,250 on 15th October 2022 ₹ 50,450 on 15th October 2022
Over all performance Rising Rising
% change +0.26% +0.26%

Gold Price Movement September 2022

Gold Rates 22 Carat 24 Carat
1st September rate ₹ 46,550 ₹ 50,780
30th September rate ₹ 46,700 ₹ 50,950
Highest rate in September ₹ 47,050 on 1st September 2022 ₹ 51,320 on 1st September 2022
Lowest rate in September ₹ 45,750 on 16th September 2022 ₹ 49,900 on 16th September 2022
Over all performance Rising Rising
% change +0.33% +0.33%

Gold Price Movement August 2022

Gold Rates 22 Carat 24 Carat
1st August rate ₹ 47,150 ₹ 51,430
31st August rate ₹ 47,050 ₹ 51,320
Highest rate in August ₹ 48,200 on 13th August 2022 ₹ 52,580 on 13th August 2022
Lowest rate in August ₹ 47,050 on 23rd August 2022 ₹ 51,320 on 31st August 2022
Over all performance Falling Falling
% change -0.21% -0.21%
* Gold rates are reflective of market trends and interest rates. They do not include GST, TCS and other levies. For the latest and exact prices contact your local jeweller. Making charges may apply.
Gold Rate Calculator
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About Gold Rate in Mangalore

The major demand for gold in this city stems from the rural areas, thriving on agriculture. Naturally, a good monsoon brings in a good season for gold trade as well. Besides the cultural significance, locals invest heartily in gold, considering it as a hedge against inflation.

However, the reducing gold purchase power of the rural fabric has been an area of concern over the past few years.

Gold rates in Mangalore depend on a variety of domestic as well as international factors. Among the domestic factors lie festivity schedule, state taxes, octroi, demand-supply equations, interest rates trend, making charges, purity of gold (24 carat, 22 carat, and so on) and weight. Similarly, international factors include the valuation of global currencies such as the US dollar, international gold prices, foreign trade policies, and fluctuations in the international gold market.

Although gold investment in Madurai has traditionally been in the form of gold jewellery, followed by bars, coins, and bullions, the city has started to show trust in digital investments too. Locals are also investing in digital gold, Exchange Trade Funds, gold sovereign bonds, and gold futures, more than ever. These not only offer a secure storage arrangement but also ensure investment in the purest form of this yellow metal.

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