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Today’s Gold Rate in Mangalore

Gold Price in Mangalore

Last Updated 03rd Mar 2021

The gold price in Mangalore for 22-carat gold is ₹ 42,450 and for 24-carat gold is ₹ 46,300.

Gold Price 24 Carat Gold – ₹ per 10 grams 22 Carat Gold – ₹ per 10 grams
Today 46,300 42,450
Gold Rate Mangalore Mar 2021
Highest Rate 46,970 43,050
Lowest Rate 45,930 42,100
Average Rate 46,400 42,533

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Today Gold Price Mangalore

₹ 42,450

Gold Price Today in Mangalore

Gold holds a special place in Indian households due to the fact that it is both auspicious when it comes to cultural connotations but also holds a great investment portfolio. Thereby it is largely consumed across the country, including Mangalore. No matter what the situation of the economy is, gold consumption never stops and thereby is important to be informed of the changing gold rates in Mangalore. The gold rates in Mangalore are dependent on various factors such as inflation, demand and supply of gold, international relations or rupee-dollar equation. The gold price in Mangalore today is ₹ 42,450 for 22-carat gold, whereas for 24-carat gold it is ₹ 46,300.

Historical Price of Gold Rate in Mangalore

24 Carat Gold Price in Mangalore 2021

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
March 2021
45,930 46,970
February 2021
46,570 49,640
January 2021
49,640 52,360

24 Carat Gold Price in Mangalore 2020

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
December 2020
48,980 51,380
November 2020
48,764 52,820
October 2020
51,150 52,530
September 2020
51,160 53,650
August 2020
52,390 57,600
July 2020
49,450 55,000
June 2020
47,220 49,900
May 2020
45,860 48,990
April 2020
42,850 47,300
March 2020
41,150 45,270
February 2020
41,180 43,880
January 2020
39,000 42,100

22 Carat Gold Price in Mangalore 2021

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
March 2021 42,100 43,050
February 2021 42,690 45,500
January 2021 45,500 48,000

22 Carat Gold Price in Mangalore 2020

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
December 2020 44,900 47,100
November 2020 44,700 48,420
October 2020 46,700 48,150
September 2020 46,900 49,180
August 2020 48,500 52,800
July 2020 45,350 50,500
June 2020 43,250 45,750
May 2020 42,900 44,910
April 2020 38,775 44,740
March 2020 37,650 41,500
February 2020 37,750 40,300
January 2020 36,650 38,600

From where to buy gold jewellery in Mangalore

When buying gold in Mangalore, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Mangalore for buying gold jewellery are Abharan Jewellers, ORRA Jewellery and Lakshmi Gold Palace. Other large Stores that sell certified and hallmark jewellery in Mangalore are Apoorva Jewellers, Kalyan Jewellers and Bhima Jewellers.

List of banks providing gold loan in Mangalore

Customers who own gold jewellery can always approach a bank or a gold loan company to get a loan against jewellery to meet any urgent personal or business expense. Some of the large banks and gold loan NBFCs in Mangalore that provide loan against gold jewellery are:

About Mangalore

The city, Mangalore is a major commercial center in the Indian state of Karnataka. It is popularly known for its bronze statues, and the famous Mangaladevi temple. Mangalore accounts for a major part of the gold transactions in India. People in Mangalore buys gold jewellery in festivals, weddings and auspicious occasions like akshaya tritiya and dhanteras which makes demand for the gold in the state to rise. Traditional designs and forms of jewellery are more preferred during weddings in Mangalore. Many reputed jewellers in Mangalore offers gold articles with wide range and variety suitable for different occasions which are made up of quality gold referred to as "hallmarked".

FAQs

What is the gold price in Mangalore for 916 hallmark gold?

The gold price in Mangalore for 916 hallmark gold is ₹ 42,450. The 916 KDM gold price is same as 22-carat hallmark gold.

What is the price of 1 gram gold in Mangalore today?

The price of 1 gm gold in Mangalore today is ₹ 4,630 for 24 carats of gold and ₹ 42,450 for 22 carats gold. 

What is the rate of 23-carat gold in Mangalore?

The rate of hallmark gold of 23-carat in Mangalore is ₹ 46,300.

How is today’s gold rate in Mangalore 916 determined?

The gold rates in Mangalore is determined based on various factors such as the interest rates in the developed countries, demand for gold wherein a lower demand for gold leads to low prices and higher demand leads to high prices. Further, the gold price in Mangalore is also affected by Government policies related to tariffs on gold, and the tariffs charged by the Local Governments.

What is the important checklist for buying gold in Mangalore?

Checklist for buying gold in Mangalore involves being mindful of the following things:

  • Check the gold price per gram: Checking out the gold price per gram is important, as you won’t end up paying more than the actual price. However, check the price from an authentic and reliable source.
  • Know about different purity levels: Before buying gold, it is important that the gold buyer is aware of different purity levels in gold, such as 24 carats or 100% gold, and 22 carats or 91.6% gold. Research about the purity level and pre deicide the level you wish to for based on factors like price and usage of gold.
  • Ensure certification: Ensuring the certification of gold is the most important aspect to check the quality and purity of gold. Ensure that you buy hallmark gold or the gold with the BIS mark.
  • Be aware of the buy-back terms: Lastly, be aware of the lender’s buy-back policy that is the terms on the exchange of gold years later. Know whether the seller will obtain the gold at the same price or whether any cost-cutting is involved.
  • Collect bill: Most importantly, after buying the gold, do not forget to collect a bill form the seller. Collecting the bill will allow you to take actions if the gold is impure or lacks in quality as promised by the seller.

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