Gold Rate in Mangalore

Last Updated: 6th June 2023

24 Carat Gold Rate (10 grams)

₹ 60,700 +320 (+0.53%)
22 Carat Gold Rate (10 grams)

₹ 55,650 +320 (+0.53%)

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 ₹ 60,700 per 10 grams for 24 Carat and ₹ 55,650 for 22 Carat.

24 Carat Gold Rate in Mangalore Today

Digital Gold Price

Gram	24K Gold Price	Daily Price Change
1 gram	₹ 6,070	+ ₹ 32
8 grams	₹ 48,560	+ ₹ 256
10 grams	₹ 60,700	+ ₹ 320
100 grams	₹ 6,07,000	+ ₹ 3,200

22 Carat Gold Rate in Mangalore Today

Gram	22K Gold Price	Daily Price Change
1 gram	₹ 5,565	+ ₹ 30
8 grams	₹ 44,520	+ ₹ 240
10 grams	₹ 55,650	+ ₹ 300
100 grams	₹ 5,56,500	+ ₹ 3,000

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

Gold Rate in Mangalore for Last 15 Days

Date	Pure Gold (24K)	Standard Gold (22K)	% Change
05 June 2023	₹ 60,380	₹ 55,350	0%
04 June 2023	₹ 60,380	₹ 55,350	0%
03 June 2023	₹ 60,380	₹ 55,350	-1.25%
02 June 2023	₹ 61,150	₹ 56,050	+0.54%
01 June 2023	₹ 60,810	₹ 55,750	-0.27%
31 May 2023	₹ 60,980	₹ 55,900	+0.72%
30 May 2023	₹ 60,530	₹ 55,500	-0.18%
29 May 2023	₹ 60,650	₹ 55,600	0%
28 May 2023	₹ 60,650	₹ 55,600	0%
27 May 2023	₹ 60,650	₹ 55,600	-0.18%
26 May 2023	₹ 60,760	₹ 55,700	-0.27%
25 May 2023	₹ 60,920	₹ 55,850	-0.80%
24 May 2023	₹ 61,410	₹ 56,300	+0.45%
23 May 2023	₹ 61,150	₹ 56,050	-0.51%
22 May 2023	₹ 61,460	₹ 56,340	0%

Historical Gold Rate in Mangalore

Gold Price Movement May 2023

Gold Rates	22 Carat	24 Carat
1^st May rate	₹	₹ 802
31^st May rate	₹	₹
Highest rate in May	₹ 57,260 on 6th May 2023	₹ 62,460 on 6th May 2023
Lowest rate in May	₹ 55,500 on 30th May 2023	₹ on 5th May 2023
Over all performance	Falling	Falling
% change	-100.00%	-100.00%

Gold Price Movement April 2023

Gold Rates	22 Carat	24 Carat
1^st April rate	₹	₹ 777
30^th April rate	₹	₹ 804
Highest rate in April	₹ 56,710 on 15th April 2023	₹ 61,860 on 15th April 2023
Lowest rate in April	₹ 54,750 on 3rd April 2023	₹ on 3rd April 2023
Over all performance	Rising	Rising
% change	+3.47%	+3.47%

Gold Price Movement March 2023

Gold Rates	22 Carat	24 Carat
1^st March rate	₹	₹ 702
31^st March rate	₹	₹ 775
Highest rate in March	₹ 55,350 on 18th March 2023	₹ 60,370 on 18th March 2023
Lowest rate in March	₹ 50,950 on 9th March 2023	₹ on 2nd March 2023
Over all performance	Rising	Rising
% change	+10.40%	+10.40%

* 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

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.

Select Location