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Gold Rate in Mangalore (20th October 2019)

Oct 20, 2019
₹ 3,595 /Gram(22ct) ₹ -5

Mangaluru the coastal city of Karnataka not only has a great appetite for fish, but, also a solid desire for the finest gold ornaments. The gold profession is in fact as old as the city of Mangalore.

Today 22 Carat Gold Price Per Gram in Mangalore (INR)

Gram 22 Carat Gold
22 Carat Gold
Daily Price Change
1 gram ₹ 3,595 ₹ 3,600 ₹ -5
8 gram ₹ 28,760 ₹ 28,800 ₹ -40
10 gram ₹ 35,950 ₹ 36,000 ₹ -50
100 gram ₹ 3,59,500 ₹ 3,60,000 ₹ -500

Today 24 Carat Gold Rate Per Gram in Mangalore (INR)

Gram 24 Carat Gold
24 Carat Gold
Daily Price Change
1 gram ₹ 3,922 ₹ 3,927 ₹ -5
8 gram ₹ 31,376 ₹ 31,416 ₹ -40
10 gram ₹ 39,220 ₹ 39,270 ₹ -50
100 gram ₹ 3,92,200 ₹ 3,92,700 ₹ -500

Gold Rate in Mangalore for Last 10 Days (10 g)

Date 22 Carat 24 Carat
Oct 19, 2019 ₹ 35,950 -50 ₹ 39,220 -50
Oct 18, 2019 ₹ 36,000 0 ₹ 39,270 0
Oct 17, 2019 ₹ 36,000 -50 ₹ 39,270 -60
Oct 16, 2019 ₹ 36,050 0 ₹ 39,330 0
Oct 15, 2019 ₹ 36,050 350 ₹ 39,330 380
Oct 14, 2019 ₹ 35,700 -10 ₹ 38,950 -30
Oct 13, 2019 ₹ 35,710 10 ₹ 38,980 10
Oct 12, 2019 ₹ 35,700 0 ₹ 38,970 0
Oct 11, 2019 ₹ 35,700 -250 ₹ 38,970 -250
Oct 10, 2019 ₹ 35,950 0 ₹ 39,220 0

Weekly & Monthly Graph of Gold Price in Mangalore

Historical Price of Gold Rate in Mangalore

  • Gold Price Movement in Mangalore, September 2019
  • Gold Rates 22 Carat 24 Carat
    1 st September rate Rs.36,160 Rs.39,450
    30th September rate Rs.35,400 Rs.38,620
    Highest rate in September Rs.36,950 on September 4 Rs.40,300 on September 4
    Lowest rate in September Rs.35,150 on September 13 Rs.38,340 on September 13
    Over all performance Falling Falling
    % Change -2.10% -2.10%
  • Gold Price Movement in Mangalore, August 2019
  • Gold Price Movement in Mangalore, July 2019
  • Gold Price Movement in Mangalore, June 2019
  • Gold Price Movement in Mangalore, May 2019
  • Gold Price Movement in Mangalore, April 2019

Gold Rates in Mangalore 22 karats

Gold rates in Mangalore 22 karats largely depends on how gold prices in the international markets behave. If prices go higher in global markets all shops in Mangalore will hike gold rates. There are a number of shops in Managlore like Khazana Jewellery Mangalore, Malabar Gold Mangalore that provide you an opportunity to buy the best. Remember that Mangaloreans have a great appetite for the precious metal. They have a great taste for the finest patterns of gold and will buy only when they are satisfied. Other cities in and around Mangalore like Udupi also see a good demand for the precious metal.

Places to Buy Gold in Mangalore and Udupi

There are plenty of showrooms from where you can buy gold in Mangalore and Udupi. Some of these have several branches in and around the city. For example, Abharan has its showrooms in both these cities and has carved a niche for itself. Kahazana and Sultan Jewellery are the other places where you can purchase the precious metal. What is interesting is that you can also sell your gold in Mangalore at Attica, which has an outlet in the city.

Gold rates in Puttur

Puttur is not very far from Mangalore.

In fact, the gold rates in Puttur and Mangalore are almost the same. This is because the distance between the two cities is almost 52 kms. So, it does not matter whether you are buying gold in Mangalore or Puttur it is one and the same. However, at all times you should consider the fact that gold as a precious ornament will be slightly different as far as rate are concerned. So, be very careful when you are buying into gold. It is better to buy and hold goold in Puttur for the long term. We suggest that you make sure you buy gold for the long haul. Before buying gold in Mangalore, make sure that you check, compare and understand the various charges that are involved in the charges that are levied for the manufacture of gold. It is better to hold the precious metal for the more longer term, to make some money out of the same. 

Latest Updates on Mangalore Gold Rates

The gold rates in Mangalore gains

The gold rates in Mangalore gained today despite slipping in the bullion market amid a steadied dollar.

In the local market, the gold prices in Mangalore were spotted at Rs.35,650/- per 10 grams of 22-carat gold and Rs.38,850/- per 10 grams of 24-carats gold. Spot gold has fallen 0.1% at $1,529.62 per ounce and U.S gold futures have down 0.2% to $1,537.00 per ounce.

The dollar was trading stood in the international market against a basket of six major traded currencies. Trump's rhetoric on China took a new turn on Tuesday as he criticized Beijing's trade practices at the United Nations General Assembly, saying he would not accept a bad deal in trade talks U.S-China. The tone of Trump's speech contradicted some of China's recent moves to meet its demand to buy more U.S agricultural products. Both parties meet in October for interviews.

The yellow metal price in Mangalore depends on the international trade market and it is decided by some local jewellery shops associations.

25 September 2019
Gold prices in Mangalore unmoves

The yellow metal price in Mangalore stands flat despite its fall in the bullion market amidst geopolitical tensions and a Stronger dollar. The gold prices in Mangalore were trading flat today was seen at Rs.35,300/- per 10 grams of 22-carat gold and Rs.38,500/- per 10 grams of 24-carat gold. In the overseas market, spot gold has dipped 0.2% at $1,498.37 an ounce and U.S gold futures have declined 0.5% to $1,508 an ounce.

Traders have locked their profits and shifted focus on a speech by U.S. Federal Reserve Chairman Jerome Powell at Jackson Hole for clarity on the direction of monetary policy. Investors are also looking for the Group of Seven summit which is scheduled this weekend for clues on what additional steps policymakers may take to push economic growth.

The yellow metal prices in Mangalore depends on the International trade market, rupee exchange value against the dollar and logistics.

22 August 2019
Gold rate in Mysore climbs

The gold rate in Mangalore gained slightly despite slipped in the international market amidst a strong dollar, which hit one week high. The precious metal price in Mangalore was seen trading at Rs.32,500/- per 10 grams of 22-carat gold and Rs.35,440/- per 10 grams of 24-carat gold. In the overseas market, Spot gold was up by 0.1% at $1,404.75 per ounce and U.S gold futures declined by 0.3% to $1,407 an ounce. Yesterday the data showed a positive result from the United States retail sales whilch led to the fall of gold prices. The rising expectations on interest rate by the Federal Reserve has also impacted the prices of yellow metal. The United States and China are not close to any resolution at this point of time and central banks are continuing to buy gold especially China which is supportive for gold. The dollar index gained Tuesday after data showed that U.S. retail sales increased more than expected in June, adding to recent evidence that the economy is improving.

17 July 2019
Gold rates in Mangalore falls

The gold prices in Mangalore have slipped despite steadied in the bullion market amidst expectations for a U.S. rate cut. The gold rates in Mangalore were seen trading at Rs.30,550/- per 10 grams of 22-carat gold and at Rs.33,250/- per 10 grams of 24-carat gold. Spot gold was steady at $1,335.27 per ounce and U.S gold futures were down 0.2% to $1,339.60.

The United States and Mexico concluded their second day of talks on trade and migration on Thursday and markets rebounded on optimism a deal could be close. However, it remains unclear whether Mexican pledges to curb migration flows will be enough to persuade Washington to postpone tariffs.

U.S. President Donald Trump said he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world’s largest economies late this month.

7 June 2019
Gold rates in Mangalore declines

The gold rates in Mangalore dip slightly following global cues amidst equities rallied high despite the metal fall in the international market. The yellow price in Mangalore was seen trading at Rs.29,600/- per 10 grams for 22-carat gold and Rs.32,000/- per 10 grams for 24-carat gold. In the bullion market, Spot gold was down 0.1 per cent to $1,273.18 per ounce and U.S gold futures also dip 0.2 per cent to $1,275 an ounce. The precious metal is positively correlated to oil as the metal is often seen as a hedge against oil-led inflation. But, the oil price rise is not enough to change the general sentiment surrounding gold. It just seems to be marking time, before other factors like a stronger dollar or equities exert downward pressure on the market. Markets now watching the release of the United States GDP data later in the week, which will provide clear indications about the strength of the world’s largest economy.

23 April 2019
Gold rates in Mangalore Dip Slightly

Gold rates in Mangalore declined slightly following global cues despite rose in the bullion market as the dollar weakened against major currencies. The precious metal price in Mangalore was trading at Rs.30,000/- per 10 grams for 22-carat gold and Rs.32,100/- per 10 grams for 24-carat gold. Spot gold gained 0.6 percent to settle at $1,303.30 per ounce and U.S gold futures also rose by 0.6 percent to touch $1,302.90 per ounce. British lawmakers voted to seek a delay in Brexit deal, setting the stage for Prime Minister Teresa May to get her divorce deal accepted by the parliament next week. The United jobs data and Brexit deal are holding the gold price high. The yellow metal price in Mangalore depends on the global factors, demand, supply factor and strength of the dollar.

15 March 2019
Gold Rates in Mangalore Declines Despite Being Steady in Global Market

The prices of gold in Mangalore declined amid being steady in the global market. The gold prices in Mangalore stood at Rs 2,975 per gram for 22 karats and at Rs 3,156 per gram for 24 karats.

The stock markets across the globe have started to recover after the recent Wall Street rout which hurt the global economic growth by a great extent. Investors shifted their focus from scrips to the precious metal in the recent days. This move helped the yellow metal to gain in the global market after it dipped by more than 13 percent during this fiscal.

The heavy prices of the yellow metal in Mangalore has dampened the spirit of customers who has postponed its purchase and hence the gold rates have dipped.

2 November 2018
Gold prices in Mangalore to dip

It has been a firm trend for gold rates in the city, as investors look to buy the metal on declines. Gold for 22 karats and 24 karats have both been moving in tandem and that to higher.

While many investors have suggested to buy into gold on declines, there are many who feel that one should wait before buying into the metal. In the last 10 days, we have seen gold rates remaining almost flat or little changed. For example, on Feb 16, the rates of Gold in Mangalore were Rs 29,980 per 10 grams. Todays gold prices in Mangalore show a small gain of Rs 100 at Rs 30,100 grams.

It is unlikely that there will be a big surge in gold prices, given the way we have seen international prices subdued over a very long period of time. Those looking to invest may do at lower prices and not at these rates.

28 February 2018
Gold in Mangalore to decline

Gold rates in Mangalore to trade lower today due to the firm dollar. The US currency in the international markets stayed strong after touching a thirteen month low. The Dollar doesn't seem to continue to remain high as the euro is to bounce back shortly. Investors are expecting the Federal Reserve interest rate increase this year by the European central Bank. Due to the monetary policy uncertainty and the political risks in the US is pressurizing the dollar from past few weeks. Though the economic data has pushed the Dollar and let it stay firm, it dosesn't seem to continue.

The Strong Dollar has pushed the precious metal in the International markets low and Spot gold had drifted by 0.3 per cent and was trading around $1,262.40 per ounce. On MCX Gold and silver fell, Gold is down by 0.48 per cent and was trading at Rs 28,300. Silver went down by 1.26 per cent and was trading at Rs 37,636.

3 August 2017
Gold in Mangalore to see gains

Gold in Mangalore is set to rise due to the various geopolitical tensions such as the Missile test by North Korea and also the Obama health care bill. Not only gold all the other precious metals saw some uptick today. In the International markets spot gold advanced by 0.2 per cent and was trading around $1,271 per ounce. Silver prices increased by 0.2 per cent and were trading at $16.69 per ounce. This weekly rise in the price of the silver is the third weekly gain in a row. Platinum rose up by 0.4 per cent and was trading around $932 per ounce. Palladium moved up by 0.6 per cent and was trading around at $882.50 per ounce.

On MCX the gold and Silver both were trading flat. Gold with a little drop and the silver with slight gains. Gold saw some decline in the prices on MCX around 0.15 per cent and was trading at Rs 28,537. Silver prices on MCX were up by 0.04 per cent and were trading around 38,475.

31 July 2017

Disclaimer: The gold rates are sourced from local jewellers in the city. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell in precious gold. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on gold information provided.

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