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Gold Rate/Price in Mangalore Today

Gold Buying Price Today Mangalore - Find Mangalore Gold Selling and Buying Price Today include 1gm gold rate, 8gram gold rate, 22 carat gold and 24 carat gold at liccalculatorpremium.com.

Date
Standard Gold (22 K)
Pure Gold (24 K)
1 gram
8 grams
1 gram
8 grams
14 Apr 2018
₹ 2,915
₹ 23,320
₹ 3,061
₹ 24,488
13 Apr 2018
₹ 2,923
₹ 23,384
₹ 3,069
₹ 24,552
12 Apr 2018
₹ 2,895
₹ 23,160
₹ 3,040
₹ 24,320
11 Apr 2018
₹ 2,875
₹ 23,000
₹ 3,019
₹ 24,152
10 Apr 2018
₹ 2,870
₹ 22,960
₹ 3,014
₹ 24,112
09 Apr 2018
₹ 2,870
₹ 22,960
₹ 3,014
₹ 24,112
08 Apr 2018
₹ 2,875
₹ 23,000
₹ 3,019
₹ 24,152
07 Apr 2018
₹ 2,862
₹ 22,896
₹ 3,005
₹ 24,040
06 Apr 2018
₹ 2,865
₹ 22,920
₹ 3,008
₹ 24,064
05 Apr 2018
₹ 2,875
₹ 23,000
₹ 3,019
₹ 24,152

*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.

Gold rates in Mangalore depend on various national and global factors, including but not limited to, imports, tariffs, oil prices, demand and supply and strength of the dollar. The price of the yellow metal touched a 4-year low in India and to more than five-year low globally. According to experts, gold prices are unlikely to rise in the near future due to imminent hike in interest rates by the US Fed and Greece’s default crisis among others. Rural India drives most of the demand for gold at 60% with majority of the sales registered during weddings. A diminishing rural purchasing power, low crop prices and a bad monsoon could therefore, have an adverse impact on the sale of gold jewellery. However, according to World Gold Council reports, given that 50% of the Indian population is under 25 years, around 150 million weddings are likely to take place in the coming ten years.

Most consumers in Mangalore buy gold jewellery for auspicious occasions, festivals and weddings. Dhanteras and Akshaya Tritiya attract long queues in front of jewellery stores. In addition to its obvious ornamental uses, gold is used as a safe hedge against inflation and depreciation of other financial assets.