Gold Rate in Mangalore

Last Updated: 27th June 2022
  • 24 Carat Gold Rate (10 grams)
    ₹ 51,870
  • 22 Carat Gold Rate (10 grams)
    ₹ 47,550

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 ₹ 51,870 per 10 grams for 24 Carat and ₹ 47,550 for 22 Carat.

24 Carat Gold Rate in Mangalore Today

Digital Gold Price
Gram 24K Gold Price Daily Price Change
1 gram
₹ 5,187 ₹ 0
8 grams
₹ 41,496 ₹ 0
10 grams
₹ 51,870 ₹ 0
100 grams
₹ 5,18,700 ₹ 0

22 Carat Gold Rate in Mangalore Today

Gram 22K Gold Price Daily Price Change
1 gram
₹ 4,755 ₹ 0
8 grams
₹ 38,040 ₹ 0
10 grams
₹ 47,550 ₹ 0
100 grams
₹ 4,75,500 ₹ 0

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

Gold Rate in Mangalore for Last 15 Days

Date Pure Gold (24K) Standard Gold (22K) % Change
26 June 2022
₹ 51,870 ₹ 47,550 0%
25 June 2022
₹ 51,870 ₹ 47,550 +0.11%
24 June 2022
₹ 51,820 ₹ 47,500 -0.42%
23 June 2022
₹ 52,040 ₹ 47,700 +0.42%
22 June 2022
₹ 51,800 ₹ 47,500 -0.38%
21 June 2022
₹ 52,010 ₹ 47,680 -0.21%
20 June 2022
₹ 52,110 ₹ 47,780 +0.21%
19 June 2022
₹ 52,010 ₹ 47,680 +0.06%
18 June 2022
₹ 51,980 ₹ 47,650 -0.27%
17 June 2022
₹ 52,120 ₹ 47,780 +0.42%
16 June 2022
₹ 51,900 ₹ 47,580 +0.87%
15 June 2022
₹ 51,440 ₹ 47,170 -0.49%
14 June 2022
₹ 51,710 ₹ 47,400 -1.99%
13 June 2022
₹ 52,760 ₹ 48,360 0%
12 June 2022
₹ 52,760 ₹ 48,360 0%

Historical Gold Rate in Mangalore

Gold Price Movement May 2022

Gold Rates 22 Carat 24 Carat
1st May rate ₹ 48,390 ₹ 52,790
31st May rate ₹ 47,750 ₹ 52,100
Highest rate in May ₹ 48,400 on 1st May 2022 ₹ 52,800 on 1st May 2022
Lowest rate in May ₹ 46,100 on 18th May 2022 ₹ 50,290 on 18th May 2022
Over all performance Falling Falling
% change -1.31% -1.31%

Gold Price Movement April 2022

Gold Rates 22 Carat 24 Carat
1st April rate ₹ 48,100 ₹ 52,470
30th April rate ₹ 48,400 ₹ 52,800
Highest rate in April ₹ 49,860 on 19th April 2022 ₹ 54,390 on 19th April 2022
Lowest rate in April ₹ 47,650 on 1st April 2022 ₹ 51,980 on 1st April 2022
Over all performance Rising Rising
% change +0.63% +0.63%

Gold Price Movement March 2022

Gold Rates 22 Carat 24 Carat
1st March rate ₹ 46,700 ₹ 50,950
31st March rate ₹ 47,650 ₹ 51,980
Highest rate in March ₹ 50,700 on 9th March 2022 ₹ 55,310 on 9th March 2022
Lowest rate in March ₹ 46,700 on 1st March 2022 ₹ 50,950 on 1st March 2022
Over all performance Rising Rising
% change +2.02% +2.02%
* 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
City
Quantity (gram)
Purity

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.

Select Location
 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2022. All rights reserved.