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Gold Rate in Mangalore (18th October 2017)

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
Today
22 Carat Gold
Yesterday
Daily Price Change
1 gram ₹ 2,770 ₹ 2,775 ₹ -5
8 gram ₹ 22,160 ₹ 22,200 ₹ -40
10 gram ₹ 27,700 ₹ 27,750 ₹ -50
100 gram ₹ 2,77,000 ₹ 2,77,500 ₹ -500

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

Gram 24 Carat Gold
Today
24 Carat Gold
Yesterday
Daily Price Change
1 gram ₹ 3,021.80 ₹ 3,027.20 ₹ -5.40
8 gram ₹ 24,174.40 ₹ 24,217.60 ₹ -43.20
10 gram ₹ 30,218 ₹ 30,272 ₹ -54
100 gram ₹ 3,02,180 ₹ 3,02,720 ₹ -540

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

Date 22 Carat 24 Carat
Oct 17, 2017 ₹ 27,700 ₹ 30,218
Oct 16, 2017 ₹ 27,750 ₹ 30,272
Oct 14, 2017 ₹ 27,830 ₹ 30,360
Oct 13, 2017 ₹ 27,810 ₹ 30,338
Oct 12, 2017 ₹ 27,800 ₹ 30,327
Oct 11, 2017 ₹ 27,750 ₹ 30,272
Oct 10, 2017 ₹ 27,720 ₹ 30,240
Oct 9, 2017 ₹ 27,700 ₹ 30,218
Oct 8, 2017 ₹ 27,500 ₹ 30,000
Oct 7, 2017 ₹ 27,600 ₹ 30,109

Weekly & Monthly Graph of Gold Price in Mangalore

Historical Price of Gold Rate in Mangalore

  • Gold Price Movement in Mangalore, September 2017
  • Gold Rates 22 Carat 24 Carat
    1 st September rate Rs.27,850 Rs.30,381
    30th September rate Rs.27,800 Rs.30,373
    Highest rate in September Rs.28,750 on September 1 Rs.31,636 on September 1
    Lowest rate in September Rs.27,500 on September 20 Rs.29,730 on September 20
    Over all performance Falling Falling
    % Change -0.18% -0.03%
  • Gold Price Movement in Mangalore, August 2017
  • Gold Price Movement in Mangalore, July 2017
  • Gold Price Movement in Mangalore, June 2017
  • Gold Price Movement in Mangalore, May 2017
  • Gold Price Movement in Mangalore, April 2017

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

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
Gold in Mangalore to trade firmly

Gold in Mangalore to trade firmly today. Gold price in Mangalore is on an uptrend from the past ten days. Fifteen days ago gold was trading at almost at Rs 26,000 mark which gradually increased and is trading now at Rs 26,700. This uptrend seems to continue due to the political uncertainties Internationally. Gold in the International Markets are trading at six months high and traded steadily today. Spot gold was nearly unmoved and is trading around $1,261 per ounce. The Fed's comments on the two-day policy meeting that the central bank held interest rates unchanged has some effect on the gold and Asian Markets, and there was a decline in the Dollar.

Investors who were waiting for the clues about the monetary policy and Fed interest rate are moving towards precious metal as the there is no change in the fiscal policies or the Interest rate. It seems until the political uncertainties about the Obamacare come to end most Investors may stick on to gold.

27 July 2017
Gold in Mangalore may trade above Rs 26,700

Gold price in Mangalore is likely to trade above Rs 27,700 today. As gold in the international markets trade at safe levels. Spot gold climbed by 0.1 per cent and traded around $1,255 per ounce. This up in the gold prices is due to the fall in the Dollar. The Dollar is falling from the past one week due to the various global uncertainties and also the political tensions in the US. Against the major currencies, Dollar price is to hit a thirteen month low. This fall has some impact on the Asian equity markets as well.

The metal prices are trading steady on MCX Gold price on MCX decreased by 0.09 per cent and is trading at Rs 28,515 and Silver fell by 0.11 per cent and is trading at Rs 38,107. Due to this, it becomes a little hard to expect the movement of the gold price in Mangalore. It is advised to the investors to stick on to the stocks.

24 July 2017
Steady gold rates in Mangalore

Gold rates in Mangalore are steady ahead of the Japan and European Central Banks meeting. In the International Markets, the gold price remained un changed and was trading around $1,240 per ounce. U.S. gold futures for August delivery dropped by 0.19 percent and was trading around $1,239 per ounce. Investors are waiting for some clues about the future movement and steps to be taken by the central Banks.

The Gold price in Mangalore was trading below Rs 27,000 mark from the starting of the month may trade above that point if the rates continue to rise. The decision by the central banks may play a role in the increase or decrease of the gold prices shortly. If the central banks take decisions as per the investor's expectations, then the gold price may trade flat if not then the prices may fluctuate. With the up in the gold price, today Gold rates in Mangalore may trade above Rs 26,500 mark.

20 July 2017
Gold price in Mangalore Down

Gold price in Mangalore is down due to gold price in the International market trade lower. Due to the unexpectedly high U.S. jobs data it strengthened hopes of another interest rate hike which strengthened the dollar even further. Spot gold had slipped 0.2 per cent and was last seen trading around $1,210 per ounce. 10 grams for 22 Karats gold was trading at Rs 27,750, and 24 karats were trading at Rs 29,500. There are chances that the firm dollar may push the prices of gold down even further. This may also be the right time for many investors waiting to buy gold on declines to go ahead and buy the precious metal.

The price at which the gold price in Mangalore is trading now is very low. The chances are less that it may trade below that price. Due to the fall in the metal price, there may be an increase in the buyings. It is advised to investors to buy and hold on to the gold as it is the best place to take refuge during some uncertainties in the international markets.

10 July 2017
Steady Gold Rates in Mangalore

Gold rates are stable in Mangalore, after seeing some fluctuation in the month of June. Gold rates in Mangalore are stable on the first Monday of July month. In the month of June, due to the Fed meet and expectations on the interest rate hike brought a lot of fluctuation the International market which showed it affects the gold price in Mangalore. In the month of June, 22 karats gold prices in Mangalore went as high as Rs 27,800 and also hit lowest of Rs 27,050 in the same month. Similarly, 24 karats gold prices in Mangalore went up and traded at Rs 30,327 and went lower and traded around Rs 29,000. Overall the trend was downwards.

The movement of gold prices in the International Markets was steady ahead of US Independence day. Spot gold was flat and was trading around $1,241 per ounce. Comparatively, in the month of June gold prices in the international markets fell by nearly by two percent.

3 July 2017
Mangalore prices stay flat

Gold prices in Mangalore, which generally track other Karnataka based cities like Bangalore saw gold prices stay absolutely flat. At Rs 27,220 per 10 grams there was hardly any movement in prices as compared to the previous days. This has been an ongoing trend of gold prices in Mangalore as investors have largely stayed away from big purchases in the city. Gold for 24 karats has also found very little movement and it is likely that we may not see any further momentum in the coming days. It is always very difficult to predict the direction and movement of gold rates in Mangalore, though people of the city are always fond of gold as much as most other south Indian cities. Gold is unlikely to see a big movement in the coming days and there is every possibility that gold prices may fall going ahead. At this time it maybe an opportune time to invest in gold for the more long term.

 

 

 

25 May 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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