Mysore is a South Indian city with one of the largest gold consumptions in the county. This ancient city has had attracted international attention because of the dazzling Golden Throne, the royal seat that belonged to the erstwhile kingdom of Mysore. From festivities and weddings to pujas- gold holds great significance. Like elsewhere, the gold price fluctuates here depending upon several domestic, as well as, global factors. Today Gold rate in Mysore is ₹ 76,800 per 10 grams for 24 Carat and ₹ 70,400 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 7,680 | - ₹ 103 |
8 grams
|
₹ 61,440 | - ₹ 824 |
10 grams
|
₹ 76,800 | - ₹ 1,030 |
100 grams
|
₹ 7,68,000 | - ₹ 10,300 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 7,040 | - ₹ 94 |
8 grams
|
₹ 56,320 | - ₹ 752 |
10 grams
|
₹ 70,400 | - ₹ 940 |
100 grams
|
₹ 7,04,000 | - ₹ 9,400 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
20 December 2024
|
₹ 76,800 | ₹ 70,400 | -1.32% |
19 December 2024
|
₹ 77,830 | ₹ 71,340 | -0.01% |
18 December 2024
|
₹ 77,840 | ₹ 71,350 | -0.21% |
17 December 2024
|
₹ 78,000 | ₹ 71,500 | +0.14% |
16 December 2024
|
₹ 77,890 | ₹ 71,400 | 0% |
13 December 2024
|
₹ 78,870 | ₹ 72,300 | -0.75% |
12 December 2024
|
₹ 79,470 | ₹ 72,850 | 0% |
11 December 2024
|
₹ 79,470 | ₹ 72,850 | +1.11% |
10 December 2024
|
₹ 78,600 | ₹ 72,050 | +1.05% |
09 December 2024
|
₹ 77,780 | ₹ 71,300 | 0% |
06 December 2024
|
₹ 77,620 | ₹ 71,150 | -0.35% |
05 December 2024
|
₹ 77,890 | ₹ 71,400 | +0.13% |
04 December 2024
|
₹ 77,790 | ₹ 71,310 | +0.01% |
03 December 2024
|
₹ 77,780 | ₹ 71,300 | -0.27% |
02 December 2024
|
₹ 77,990 | ₹ 71,490 | 0% |
It also has a rich legacy of popular Mysore paintings with gold foil work and gorgeous Zari sarees with gold borders.
Naturally, the city attributes a lot of cultural significance to this yellow metal. From festivities such as Mysuru Dussehra to weddings and puja, gold is lavishly bought, sold, and gifted here. Families also pass on gold jewellery and ornaments as an heirloom.
However, with a shift in the economy to the technological side, people have also started investing heartily in digital and electronic gold. From Exchange Trade Funds and sovereign gold bonds to gold mutual funds and gold futures, there is no stopping. Purity of invested gold, secured storage, and ease of investment remain the major motivating factors.
Like elsewhere, the gold price fluctuates here depending on several domestic as well as global factors. Some of these include interest rate trends, state taxes, octroi, local bullion associations’ policies, festive calendar, making charges, purity of gold, global geopolitical scenario, the strength of the US dollar, international gold prices, foreign trade policies, and fluctuations in the international gold market.