Gold Rate in Mangalore

Last Updated: 18th February 2024
  • 24 Carat Gold Rate (10 grams)
    ₹ 63,820 -270 (-0.42%)
  • 22 Carat Gold Rate (10 grams)
    ₹ 58,500 -270 (-0.42%)

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 ₹ 63,820 per 10 grams for 24 Carat and ₹ 58,500 for 22 Carat.

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24 Carat Gold Rate in Mangalore Today

Digital Gold Price
Gram 24K Gold Price Daily Price Change
1 gram
₹ 6,382 - ₹ 27
8 grams
₹ 51,056 - ₹ 216
10 grams
₹ 63,820 - ₹ 270
100 grams
₹ 6,38,200 - ₹ 2,700

22 Carat Gold Rate in Mangalore Today

Gram 22K Gold Price Daily Price Change
1 gram
₹ 5,850 - ₹ 25
8 grams
₹ 46,800 - ₹ 200
10 grams
₹ 58,500 - ₹ 250
100 grams
₹ 5,85,000 - ₹ 2,500

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

Gold Rate in Mangalore for Last 15 Days

Date Pure Gold (24K) Standard Gold (22K) % Change
03 January 2024
₹ 63,820 ₹ 58,500 -0.43%
02 January 2024
₹ 64,090 ₹ 58,750 +0.34%
01 January 2024
₹ 63,870 ₹ 58,550 0%
31 December 2023
₹ 63,870 ₹ 58,550 0%
30 December 2023
₹ 63,870 ₹ 58,550 0%
29 December 2023
₹ 63,870 ₹ 58,550 -0.59%
28 December 2023
₹ 64,250 ₹ 58,900 +0.68%
27 December 2023
₹ 63,820 ₹ 58,500 +0.17%
26 December 2023
₹ 63,710 ₹ 58,400 +0.34%
25 December 2023
₹ 63,490 ₹ 58,200 0%
24 December 2023
₹ 63,490 ₹ 58,200 0%
23 December 2023
₹ 63,490 ₹ 58,200 +0.34%
22 December 2023
₹ 63,230 ₹ 58,000 +0.43%
21 December 2023
₹ 63,000 ₹ 57,750 0%
20 December 2023
₹ 63,000 ₹ 57,750 0%

Historical Gold Rate in Mangalore

Gold Price Movement January 2024

Gold Rates 22 Carat 24 Carat
1st January rate ₹ 760
31st January rate ₹ 740
Highest rate in January ₹ 58,750 on 2nd January 2024 ₹ 64,090 on 2nd January 2024
Lowest rate in January ₹ 58,500 on 3rd January 2024 ₹ on 4th January 2024
Over all performance Falling Falling
% change -2.63% -2.63%

Gold Price Movement December 2023

Gold Rates 22 Carat 24 Carat
1st December rate ₹ 790
31st December rate ₹ 760
Highest rate in December ₹ 58,900 on 28th December 2023 ₹ 64,250 on 28th December 2023
Lowest rate in December ₹ 56,650 on 13th December 2023 ₹ on 9th December 2023
Over all performance Falling Falling
% change -3.80% -3.80%

Gold Price Movement November 2023

Gold Rates 22 Carat 24 Carat
1st November rate ₹ 740
30th November rate ₹ 780
Highest rate in November ₹ 58,110 on 30th November 2023 ₹ 63,390 on 30th November 2023
Lowest rate in November ₹ 55,450 on 13th November 2023 ₹ on 5th November 2023
Over all performance Rising Rising
% change +5.41% +5.41%
* 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.
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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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