Find the most up-to-date prices for gold in Mysore. The latest gold rates for both 22K and 24K gold are regularly updated here. Read on to find out the current price of Gold in Mysore.
₹ 24.99▲
Gram | Today | Yesterday | Price Change |
1 gram | ₹ 9,999.99 | ₹ 9,975 | ₹ 24.99▲ |
8 grams | ₹ 79,999.92 | ₹ 79,800 | ₹ 199.92▲ |
10 grams | ₹ 99,999.9 | ₹ 99,750 | ₹ 249.9▲ |
Gram | Today | Yesterday | Price Change |
1 gram | ₹ 10,500 | ₹ 10,474 | ₹ 26▲ |
8 grams | ₹ 84,000 | ₹ 83,792 | ₹ 208▲ |
10 grams | ₹ 1,05,000 | ₹ 1,04,740 | ₹ 260▲ |
Date | Standard Gold (22K) (8 grams) | Pure Gold (24K) (8 grams) |
06 Sep 2025 | ₹ 79,999.92 | ₹ 84,000 |
05 Sep 2025 | ₹ 79,800 | ₹ 83,792 |
04 Sep 2025 | ₹ 79,240 | ₹ 83,200 |
03 Sep 2025 | ₹ 79,320 | ₹ 83,288 |
02 Sep 2025 | ₹ 78,680 | ₹ 82,616 |
01 Sep 2025 | ₹ 78,520 | ₹ 82,448 |
31 Aug 2025 | ₹ 77,840(0) | ₹ 81,736(0) |
30 Aug 2025 | ₹ 77,840 | ₹ 81,736 |
29 Aug 2025 | ₹ 76,640 | ₹ 80,472 |
28 Aug 2025 | ₹ 76,120 | ₹ 79,928 |
*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
The Gold rate in Mysore is influenced by the supply and demand in the city. However, it is also influenced by various market trends that happen on a global scale. The dollar - rupee relationship too plays an important part in determining the price of gold.
Gold rate in Mysore reflect the overall demand for the yellow metal across India, which in all probability, will remain the world's biggest consumer of gold this year, racing past China. Consumer demand in India increased by 15% to 192 tonnes this year affecting gold rate in Mysore and across the country.
South India has traditionally been the largest consumer of gold in the country with several major jewelry chains spread across the region for expansion and consolidation. According to market experts, all the southern states including Karnataka account for over 40% of India's demand for the yellow metal.
Mysore has a rich history and culture with widespread use of gold, most famously, the Golden Throne, the royal seat of the rulers of the erstwhile Kingdom of Mysore. Like the rest of India, Gold in Mysore is available in varying weights such as grams and carat. Gold rate in Mysore differ depending on whether it is 24 carat gold or 22 carat.
Jewelry - Jewelry in Mysore forms the major component of the overall demand for gold in the city owing to the tradition of buying the yellow metal during festive occasions in addition to it being considered a relatively safe investment. The World Gold Council pegged the current jewelry demand in India at 151 tonnes, a rise of about 22% compared to the same period, last year. Demand for jewelry and investment stood at 842.7 tonnes last year.
Coins - According to the latest report of the World Gold Council, demand for gold bars and coins across the country fell 10% compared to last year as investors diverted their funds into equities owing to robust stock market performance. Experts maintain gold coins should ideally be bought from a well-known jeweler since there is no risk of impurity. While banks sell gold, they don't buy back coins.
Gold ETFs - One unit of ETF is equivalent to 1 gram of gold. Exchange Traded Funds (ETF) have gradually been gaining prominence across the country due to several factors such as high liquidity, ease of investing (ETFs are traded on the stock exchange) among many others. What's more, there is no wealth tax involved which makes it an attractive investment option.
There are many well-known gold showrooms which supply pure BIS Hallmarked gold offering a wide range of designs and patterns. Some of the top showrooms which offer the yellow metal are Salam and Sons, Shankara Chetty and sons, Abhushan Gold Palace, Akshay Jewels, Arihant Jewels, Ashish Jewelers, BKL Sons and Bharat Jewelery halls among many others. Several jewelry stores are located on Ashoka Road, K T Street and Mysore Trade Center among others.
The below-mentioned are a few points one should note when buying gold jewellery in Mysore: Check the purity of gold used while making the jewellery, i.e. 22 karat or 24 karat, Check if the ornament is hallmarked and Check the making charges applied.
The price of gold depends on various factors such as rate of interest, government policy, demand for gold, etc. Externally, the change in currency rates especially of Indian rupee with respect to US dollars, price of oil, and even political factors may determine the price of gold in the country.
Yes, 24 karat gold in Mysore is more expensive than 22 karat gold.
The 24-karat gold is of the highest purity while the 22-karat gold is slightly less pure. It is difficult to make and use jewellery made of 24-karat gold as it would be soft and mushy. That is why 22-karat gold is used to make jewellery.
Yes, fixed deposit interest rates will play a role in affecting the prices of gold in Mysore.
One of the easiest ways to check the authenticity of your gold is to conduct the float test. Take your gold ornament and put it in a bowl of cold water. If the gold item sinks to the bottom of the bowl, then it is real gold since the precious metal's density is high, otherwise it fake or a plated gold ornament. The other way to check is by taking your gold ornament and bringing it close to a magnet. If it sticks to the magnet then it is fake gold. Real gold will not stick to the magnet.
Before investing in gold make sure you keep certain factors in mind such as the rate of interest, government policy with regards to purchasing of gold, cost of 10 grams of 24-karat and 22-karat, performance of both domestic and global market performance etc.
Some of the factors that determine gold rates in Mysore are given as: Gold prices in the international markets, Value of the rupee against the dollar and Import costs.
Nishit Kunal, currently working as an Editor has been with BankBazaar for over 5 years with expertise in writing on loan, credit cards, etc. When not working, Nishit dabbles between being a cinephile, writing, and playing with his dogs.
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