Gold Rate in Mysore (19th January 2021)

Jan 19, 2021

4,565 /Gram(22ct) 15

Mysuru the royal city has a great affinity with gold. In fact, gold prices in Mysore have been on an increase in the last several decades as in investors constantly seek to buy into the precious metal.

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

Gram	22 Carat Gold Today	22 Carat Gold Yesterday	Daily Price Change
1 gram	4,565	4,550	15
8 gram	36,520	36,400	120
10 gram	45,650	45,500	150
100 gram	4,56,500	4,55,000	1,500

Check silver rate in Mysore

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

Gram	24 Carat Gold Today	24 Carat Gold Yesterday	Daily Price Change
1 gram	4,980	4,964	16
8 gram	39,840	39,712	128
10 gram	49,800	49,640	160
100 gram	4,98,000	4,96,400	1,600

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

Date	22 Carat	24 Carat
Jan 19, 2021	45,650 ( 150 )	49,800 ( 160 )
Jan 18, 2021	45,500 ( 10 )	49,640 ( 10 )
Jan 17, 2021	45,490 ( -10 )	49,630 ( -10 )
Jan 16, 2021	45,500 ( -500 )	49,640 ( -540 )
Jan 15, 2021	46,000 ( 250 )	50,180 ( 280 )
Jan 14, 2021	45,750 ( -450 )	49,900 ( -500 )
Jan 13, 2021	46,200 ( 0 )	50,400 ( 0 )
Jan 12, 2021	46,200 ( 300 )	50,400 ( 330 )
Jan 11, 2021	45,900 ( -410 )	50,070 ( -440 )
Jan 10, 2021	46,310 ( 10 )	50,510 ( 10 )

Weekly & Monthly Graph of Gold Price in Mysore

Historical Price of Gold Rate in Mysore

Gold Price Movement in Mysore, December 2020

Gold Rates	22 Carat	24 Carat
1 ^st December rate	Rs.44,900	Rs.48,980
31^st December rate	Rs.46,700	Rs.50,950
Highest rate in December	Rs.47,100 on December 21	Rs.51,380 on December 21
Lowest rate in December	Rs.44,900 on December 1	Rs.48,980 on December 1
Over all performance	Rising	Rising
% Change	+4.01%	+4.02%

Gold Price Movement in Mysore, November 2020

Gold Price Movement in Mysore, October 2020

Gold Price Movement in Mysore, September 2020

Gold Price Movement in Mysore, August 2020

Gold Price Movement in Mysore, July 2020

Gold Price Movement in Mysore, June 2020

Gold Rates	22 Carat	24 Carat
1 ^st November rate	Rs.47,610	Rs.51,940
30^th November rate	Rs.44,700	Rs.48,764
Highest rate in November	Rs.48,420 on November 9	Rs.52,820 on November 9
Lowest rate in November	Rs.44,700 on November 30	Rs.48,764 on November 30
Over all performance	Falling	Falling
% Change	-6.11%	-6.11%

Gold Rates	22 Carat	24 Carat
1 ^st October rate	Rs.47,550	Rs.51,880
31^st October rate	Rs.47,600	Rs.51,930
Highest rate in October	Rs.48,150 on October 12	Rs.52,530 on October 12
Lowest rate in October	Rs.46,700 on October 16	Rs.51,150 on October 16
Over all performance	Rising	Rising
% Change	+0.11%	+0.10%

Gold Rates	22 Carat	24 Carat
1 ^st September rate	Rs.49,180	Rs.53,650
30^th September rate	Rs.47,680	Rs.52,010
Highest rate in September	Rs.49,180 on September 1	Rs.53,650 on September 1
Lowest rate in September	Rs.46,900 on September 28	Rs.51,160 on September 28
Over all performance	Falling	Falling
% Change	-3.05%	-3.06%

Gold Rates	22 Carat	24 Carat
1 ^st August rate	Rs.50,650	Rs.55,250
31^st August rate	Rs.48,800	Rs.53,240
Highest rate in August	Rs.52,800 on August 7	Rs.57,600 on August 7
Lowest rate in August	Rs.48,500 on August 28	Rs.52,390 on August 28
Over all performance	Falling	Falling
% Change	-3.65%	-3.64%

Gold Rates	22 Carat	24 Carat
1 ^st July rate	Rs.46,050	Rs.50,200
31^st July rate	Rs.50,500	Rs.55,000
Highest rate in July	Rs.50,500 on July 31	Rs.55,000 on July 31
Lowest rate in July	Rs.45,350 on July 6	Rs.49,450 on July 6
Over all performance	Rising	Rising
% Change	+9.66%	+9.56%

Gold Rates	22 Carat	24 Carat
1 ^st June rate	Rs.44,250	Rs.48,270
30^th June rate	Rs.45,680	Rs.49,830
Highest rate in June	Rs.45,750 on June 29	Rs.49,900 on June 29
Lowest rate in June	Rs.43,250 on June 6	Rs.47,220 on June 6
Over all performance	Rising	Rising
% Change	+3.23%	+3.23%

Where to Buy Gold in Mysore?

Mysore being very close to Bangalore has a number of gold shops, which are popular in Bangalore. For example, we have the famous Kalyan Jewellers which has number of branches in Bangalore and throughout India. Apart from this you can also check the gold prices in Malabar Gold and Jewellery at Mysore. We strongly recommend that you check gold rates in Mysore at a number of shops before you even think of buying gold.

If you feel that prices are likely to dip, stay away and use a strategy of buying gold on declines. Most people in Mysore look to buy gold in the form of jewellery. There is very little demand for gold coins and bars. In fact, this is the trend that has been througout India and Mysore is no different.

Some other forms of investment like Gold ETFs has yet to catch on among gold jewelers. You can also look at the options of buying gold through the various online routes, but, there is no guarantee that you would get genuine gold.

Latest Updates on Mysore Gold Rates

Gold rates in Mysore remains stable

Gold rates in Mysore remained unchanged today despite its slight decline in the gold market amid a stronger dollar.

In the domestic market, prices for precious metals in Mysore have been estimated at Rs.47,500 /- for 10 grams of 22 karats gold and Rs.51,800/- for 10 grams of 24 karats.

In the bullion market, spot gold was $1,911.32 per ounce and US gold futures were $ 1,912.30 per ounce.

Gold edged up today as US dollar and Treasuries yields strengthened, although hopes of further stimulus in the world's largest economy kept bullion on track for a second gain consecutive weekly.

The dollar has traded at a high level against a basket of six major traded currencies. While higher bond yields increase the opportunity cost of holding unpaid gold.

The Democrats' grip on the United States Senate fueled hopes for major stimulus measures and boosted inflation expectations, bolstering gold's appeal as a hedge against inflation. Investors are now waiting for U.S. non-farm payroll data to be released later today to assess the health of the labor market.

8 January 2021

The gold rates in Mysore increase

The gold rates in Mysore increased slightly following cues in the world market amid a weaker dollar. In the Indian market, the yellow metal prices in Mysore were seen trading at Rs.47,400/- per 10 grams of 22-carat gold and Rs.51,700/- per 10 grams of 24-carat gold.

In the bullion market, the spot gold has seen at $1,880.11 per ounce and U.S gold futures have risen 0.4% to $1,889.50 per ounce.

While a weaker dollar and continued monetary stimulus could propel gold back above $ 1,900, its ability to test new highs this year will depend on political and economic developments in the United States and whether this triggers a refugee claim.

The dollar was down 0.2% against a basket of other major currencies before the 90-minute televised debate between President Donald Trump and his Democratic rival Joe Biden. Investors are also closely watching the prospect of a coronavirus tax package with Democratic lawmakers in the United States.

29 September 2020

The gold rates in Mysore edges high

The gold rates in Mysore edged high following cues in the international market amid a stronger dollar.

In the local market, the precious metal prices in Mysore were seen trading high at Rs.50,760/- per 10 grams of 22-carat gold and Rs.55,370/- per 10 grams of 24-carat gold. In the international market, the spot gold has eased 0.2% to $1,971.52 per ounce and U.S gold futures have 0.1% higher at $1,988 an ounce.

Gold hit a record high in the global market as fears about the economic fallout from rising coronavirus cases strengthened its appeal as a safe haven, before gradually falling as a rising dollar fueled some profit-taking. Rising COVID-19 cases and simmering US-China tensions have shaken hopes for a rapid economic recovery, leading to inflows to safe-haven assets such as gold, which has soared by around 30% to present this year.

The yellow metal prices in Mysore decided by some local jewellery shops association based on the international market.

3 August 2020

The gold rates in Mysore inches down

The gold rates in Mysore inched down slightly today despite its rise in the international market amid a spike in coronavirus cases. In the local market, the yellow metal prices in Mysore were seen trading at Rs.45,680/- per 10 grams of 22-carat gold and Rs.49,830/- per 10 grams of 24-carat gold.

In the international market, the spot gold has risen 0.6% to $1,782.96 per ounce and U.S gold futures have risen 1% to $1,799.20 per ounce. The dollar index which measures the dollar gained against a basket of six major traded currencies.

Gold prices surged today in the bullion market as the bullion was set for its biggest quarterly gain in more than four years as an outbreak of coronavirus cases cast doubt on a rapid global economic recovery. The increase in coronavirus cases in the United States as well as the ongoing U.S-China conflict all point really to the purchase of safe-haven gold.

30 June 2020

The gold rates in Mysore declines

The gold rates in Mysore declined today following cues in the overseas market amid rallied in the equities. In the local market, The yellow metal prices in Mysore were seen trading at Rs.44,300/- per 10 grams of 22-carat gold and Rs.48,320/- per 10 grams of 24-carat gold. In the International market, spot gold has down 0.3% at $1,724.74 per ounce and U.S gold futures have fallen 0.6% to $1,725.10 per ounce.

The precious metal prices fell slightly today in the bullion market as hopes of an economic recovery lifted equity markets, with many countries easing blockages caused by coronaviruses, although Sino-U.S tensions over Hong Kong have limited bullion losses. European stocks hovered near an 11-week high, while U.S equity futures rose 2% and crossed a major graphic barrier as companies around the world gradually reopened after a lockout of several months. In India, many jewellery shops are reopened after a long gap due to coronavirus lockdown with some conditions.

26 May 2020

The gold rates in Mysore climbs

The gold rates in Mysore gained today despite its fell in the international market amid a stronger dollar. In the national market, the yellow metal prices in Mysore were seen trading high at Rs.40,410/- per 10 grams of 22-carat gold and Rs.44,083/- per 10 grams of 24-carat gold.

In the international market, the spot gold has eased 0.2% to $1,683.08 per ounce and U.S gold futures have risen 1% to $1,704.60 an ounce.

Gold prices fell today in the global market due to a stronger dollar and a race for cash following a historic rout in U..S crude oil futures, which dampened demand for the active refuge. Gold may experience longer-term pressures as it is used as a hedge against inflation and falling crude prices tend to increase deflationary pressures in the market.

However, massive monetary and fiscal stimulus from global central banks, particularly the US Federal Reserve, and governments will continue to support gold.

22 April 2020

The gold rates in Mysore declines

The gold rates in Mysore edged lower today following cues in the international market amid the impact of coronavirus. In the domestic market, the yellow metal prices in Mysore were seen trading at Rs.37,900/- per 10 grams of 22-carat gold and Rs.41,430/- per 10 grams of 24-carat gold.

In the international market, spot gold has fallen 1.4% to $1,492.81 per ounce and U.S gold futures gained 0.2% to $1,490.00.

Gold prices fell nearly 1.5% today in the overseas market, prolonging losses from the collapse of the previous session, as investors continued to sell assets to keep their money in cash due to heightened concerns about the economic results of the coronavirus epidemic.

Asian stocks fell in an upside-down session after one of Wall Street's biggest one-day routs in history as stocks soaring and its global economic impact wrecked the investor sentiment. The virus has infected more than 174,100 people worldwide.

17 March 2020

The gold rates in Mysore unmoves

The gold rates in Mysore remained unchanged today despite its fall in the bullion market amid a firm dollar. In the local market, the yellow metal prices were seen trading unchanged at Rs.38,200/- per 10 grams of 22-carat gold and Rs.41,650/- per 10 grams of 24-carat gold. In the bullion market, the spot has low 0.1% at $1,574.69 per ounce and U.S gold futures have slipped 0.1% to $1,577.80 an ounce. The U.S dollar has trading constant against a basket of six major traded currencies and also pulling the yellow metal prices in the international market. Investors were now looking for US retail sales and the consumer confidence figures expected later today. The US consumer is the biggest chunk of global growth at this point, China being hit by the trade war and the virus. Expectations that the virus could harm the global economy and easy monetary policy by central banks keep gold attractive in the market.

14 February 2020

The Gold Rates in Mysore increases

The gold rates in Mysore increased a little bit today despite dipped in the global market amid a stronger dollar. The precious metal prices in Mysore were seen trading at Rs.37,300/- per 10 grams of 22-carat gold and Rs.40,690/- per 10 grams of 24-carat gold. In the global market, spot gold has inched down 0.4% to $1,556.40 per ounce and U.S gold futures have down 0.2% to $1,557.10.

The dollar strengthened before the signing of the trade agreement, making gold more expensive for buyers using other currencies.

U.S Treasury Secretary Steven Mnuchin said Sunday that China's commitments in the phase 1 trade agreement with the United States have not been changed in a long translation process and will be released this week.

Gold prices rose nearly 0.7% last week in volatile trade amid heightened tensions between the United States and Iran after the U.S killing of a top commander Iranian government in Baghdad and slower than expected U.S job growth in December.

13 January 2020

The Gold Rates in Mysore lowers

The gold rates in Mysore declined slightly despite steadied in the bullion market amid the trade war between the United States and China.

The yellow metal prices in Mysore were seen trading at Rs.35,350/- per 10 grams of 22-carat gold and Rs.38,600/- per 10 grams of 24-carat gold. In the international market, spot gold has constant at $1,460 per ounce and U.S gold futures have flat at $1,464.50 an ounce.

A strong U.S jobs data last week renewed bets that the Federal Reserve would hold interest rates high. Lower interest rates reduce the opportunity cost of holding unproductive ingots.

Meanwhile, the December 15 deadline is still in place for a new round of US tariffs on about $ 156 billion of Chinese imports. Gold has gained more than 13% so far this year after the Fed lowered rates three times this year in the context of the US-China trade war and its impact on the economy.

9 December 2019

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.