Gold Rate in Mangalore

Last Updated: 21st November 2024

24 Carat Gold Rate (10 grams)

₹ 77,630 +550 (+0.71%)
22 Carat Gold Rate (10 grams)

₹ 71,160 +550 (+0.71%)

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 ₹ 77,630 per 10 grams for 24 Carat and ₹ 71,160 for 22 Carat.

24 Carat Gold Rate in Mangalore Today

Digital Gold Price

Gram	24K Gold Price	Daily Price Change
1 gram	₹ 7,763	+ ₹ 55
8 grams	₹ 62,104	+ ₹ 440
10 grams	₹ 77,630	+ ₹ 550
100 grams	₹ 7,76,300	+ ₹ 5,500

22 Carat Gold Rate in Mangalore Today

Gram	22K Gold Price	Daily Price Change
1 gram	₹ 7,116	+ ₹ 50
8 grams	₹ 56,928	+ ₹ 400
10 grams	₹ 71,160	+ ₹ 500
100 grams	₹ 7,11,600	+ ₹ 5,000

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

Gold Rate in Mangalore for Last 15 Days

Date	Pure Gold (24K)	Standard Gold (22K)	% Change
20 November 2024	₹ 77,080	₹ 70,660	+0.01%
19 November 2024	₹ 77,070	₹ 70,650	+1.89%
18 November 2024	₹ 75,640	₹ 69,340	0%
15 November 2024	₹ 75,760	₹ 69,450	+0.14%
14 November 2024	₹ 75,650	₹ 69,350	-1.56%
13 November 2024	₹ 76,850	₹ 70,450	-0.56%
12 November 2024	₹ 77,290	₹ 70,850	-1.87%
11 November 2024	₹ 78,760	₹ 72,200	0%
08 November 2024	₹ 79,470	₹ 72,850	+1.18%
07 November 2024	₹ 78,560	₹ 72,000	-2.24%
06 November 2024	₹ 80,350	₹ 73,650	+0.14%
05 November 2024	₹ 80,240	₹ 73,550	-0.20%
04 November 2024	₹ 80,400	₹ 73,700	0%
30 October 2024	₹ 81,160	₹ 74,400	+0.88%
29 October 2024	₹ 80,450	₹ 73,750	0%

* 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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24 Carat

22 Carat

Gold Rates Today in Major Indian Cities

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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