Mysore is a South Indian city with one of the largest gold consumptions in the county. This ancient city has had attracted international attention because of the dazzling Golden Throne, the royal seat that belonged to the erstwhile kingdom of Mysore. From festivities and weddings to pujas- gold holds great significance. Like elsewhere, the gold price fluctuates here depending upon several domestic, as well as, global factors. Today Gold rate in Mysore is ₹ 63,820 per 10 grams for 24 Carat and ₹ 58,500 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,382 | - ₹ 27 |
8 grams
|
₹ 51,056 | - ₹ 216 |
10 grams
|
₹ 63,820 | - ₹ 270 |
100 grams
|
₹ 6,38,200 | - ₹ 2,700 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,850 | - ₹ 25 |
8 grams
|
₹ 46,800 | - ₹ 200 |
10 grams
|
₹ 58,500 | - ₹ 250 |
100 grams
|
₹ 5,85,000 | - ₹ 2,500 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
03 January 2024
|
₹ 63,820 | ₹ 58,500 | -0.43% |
02 January 2024
|
₹ 64,090 | ₹ 58,750 | +0.34% |
01 January 2024
|
₹ 63,870 | ₹ 58,550 | 0% |
31 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
30 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
29 December 2023
|
₹ 63,870 | ₹ 58,550 | -0.59% |
28 December 2023
|
₹ 64,250 | ₹ 58,900 | +0.68% |
27 December 2023
|
₹ 63,820 | ₹ 58,500 | +0.17% |
26 December 2023
|
₹ 63,710 | ₹ 58,400 | +0.34% |
25 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
24 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
23 December 2023
|
₹ 63,490 | ₹ 58,200 | +0.34% |
22 December 2023
|
₹ 63,230 | ₹ 58,000 | +0.43% |
21 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
20 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st February rate | ₹ | ₹ 740 |
29th February rate | ₹ | ₹ 717.50 |
Highest rate in February | ₹ on 1st January 1970 | ₹ 755 on 4th February 2024 |
Lowest rate in February | ₹ on 1st January 1970 | ₹ on 4th February 2024 |
Over all performance | Falling | Falling |
% change | -3.04% | -3.04% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st January rate | ₹ | ₹ 760 |
31st January rate | ₹ | ₹ 740 |
Highest rate in January | ₹ 58,750 on 2nd January 2024 | ₹ 64,090 on 2nd January 2024 |
Lowest rate in January | ₹ 58,500 on 3rd January 2024 | ₹ on 4th January 2024 |
Over all performance | Falling | Falling |
% change | -2.63% | -2.63% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st December rate | ₹ | ₹ 790 |
31st December rate | ₹ | ₹ 760 |
Highest rate in December | ₹ 58,900 on 28th December 2023 | ₹ 64,250 on 28th December 2023 |
Lowest rate in December | ₹ 56,650 on 13th December 2023 | ₹ on 9th December 2023 |
Over all performance | Falling | Falling |
% change | -3.80% | -3.80% |
It also has a rich legacy of popular Mysore paintings with gold foil work and gorgeous Zari sarees with gold borders.
Naturally, the city attributes a lot of cultural significance to this yellow metal. From festivities such as Mysuru Dussehra to weddings and puja, gold is lavishly bought, sold, and gifted here. Families also pass on gold jewellery and ornaments as an heirloom.
However, with a shift in the economy to the technological side, people have also started investing heartily in digital and electronic gold. From Exchange Trade Funds and sovereign gold bonds to gold mutual funds and gold futures, there is no stopping. Purity of invested gold, secured storage, and ease of investment remain the major motivating factors.
Like elsewhere, the gold price fluctuates here depending on several domestic as well as global factors. Some of these include interest rate trends, state taxes, octroi, local bullion associations’ policies, festive calendar, making charges, purity of gold, global geopolitical scenario, the strength of the US dollar, international gold prices, foreign trade policies, and fluctuations in the international gold market.
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