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 ₹ 1,20,490 per 10 grams for 24 Carat and ₹ 1,10,450 for 22 Carat.
| Gram | 24K Gold Price | Daily Price Change | 
|---|---|---|
| 
                                    1 gram                                 | ₹ 12,049 | - ₹ 109 | 
| 
                                    8 grams                                 | ₹ 96,392 | - ₹ 872 | 
| 
                                    10 grams                                 | ₹ 1,20,490 | - ₹ 1,090 | 
| 
                                    100 grams                                 | ₹ 12,04,900 | - ₹ 10,900 | 
| Gram | 22K Gold Price | Daily Price Change | 
|---|---|---|
| 
                                    1 gram                                 | ₹ 11,045 | - ₹ 100 | 
| 
                                    8 grams                                 | ₹ 88,360 | - ₹ 800 | 
| 
                                    10 grams                                 | ₹ 1,10,450 | - ₹ 1,000 | 
| 
                                    100 grams                                 | ₹ 11,04,500 | - ₹ 10,000 | 
| Date | Pure Gold (24K) | Standard Gold (22K) | % Change | 
|---|---|---|---|
| 
                                    29 October 2025                                 | ₹ 1,21,580 | ₹ 1,11,450 | -0.71% | 
| 
                                    28 October 2025                                 | ₹ 1,22,460 | ₹ 1,12,250 | -1.62% | 
| 
                                    27 October 2025                                 | ₹ 1,24,480 | ₹ 1,14,100 | 0% | 
| 
                                    24 October 2025                                 | ₹ 1,25,460 | ₹ 1,15,000 | +0.31% | 
| 
                                    23 October 2025                                 | ₹ 1,25,080 | ₹ 1,14,650 | -1.67% | 
| 
                                    22 October 2025                                 | ₹ 1,27,200 | ₹ 1,16,600 | -4.19% | 
| 
                                    21 October 2025                                 | ₹ 1,32,770 | ₹ 1,21,700 | 0% | 
| 
                                    17 October 2025                                 | ₹ 1,32,770 | ₹ 1,21,700 | +2.57% | 
| 
                                    16 October 2025                                 | ₹ 1,29,440 | ₹ 1,18,650 | +0.42% | 
| 
                                    15 October 2025                                 | ₹ 1,28,890 | ₹ 1,18,150 | +0.17% | 
| 
                                    14 October 2025                                 | ₹ 1,28,680 | ₹ 1,17,950 | +2.61% | 
| 
                                    13 October 2025                                 | ₹ 1,25,400 | ₹ 1,14,950 | 0% | 
| 
                                    10 October 2025                                 | ₹ 1,22,290 | ₹ 1,12,100 | -1.49% | 
| 
                                    09 October 2025                                 | ₹ 1,24,150 | ₹ 1,13,800 | +0.80% | 
| 
                                    08 October 2025                                 | ₹ 1,23,170 | ₹ 1,12,900 | 0% | 
| Gold Rates | 22 Carat | 24 Carat | 
|---|---|---|
| 1st September rate | ₹ 97,050 | ₹ 1,05,880 | 
| 30th September rate | ₹ 1,08,450 | ₹ 1,18,310 | 
| Highest rate in September | ₹ 1,08,450 on 30th September 2025 | ₹ 1,18,310 on 30th September 2025 | 
| Lowest rate in September | ₹ 97,050 on 1st September 2025 | ₹ 1,05,880 on 1st September 2025 | 
| Over all performance | Rising | Rising | 
| % change | +11.74% | +11.74% | 
| Gold Rates | 22 Carat | 24 Carat | 
|---|---|---|
| 1st July rate | ₹ 90,200 | ₹ 98,400 | 
| 31st July rate | ₹ 91,700 | ₹ 1,00,030 | 
| Highest rate in July | ₹ 93,800 on 23rd July 2025 | ₹ 1,02,330 on 23rd July 2025 | 
| Lowest rate in July | ₹ 89,990 on 10th July 2025 | ₹ 98,170 on 10th July 2025 | 
| Over all performance | Rising | Rising | 
| % change | +1.66% | +1.66% | 
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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