Gold Rate in Karnataka

20th Nov 2018

31,450.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Karnataka is 31450 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold

Rs. 29570

24 Carat Gold

Rs. 31450

22 Carat & 24 Carat Gold Rate in Karnataka Per Gram (INR)

22-Carat	24-Carat	Change(%)
Yesterday	2957.00	3145.00	0 %
Today	2975.00	3163.00	0 %

Today 24 Carat Gold Price per gram in Karnataka (INR)

Gram	24 Carat Gold Yesterday	24 Carat Gold Today	Daily Price Change
1 Gram	Rs 3145.00	Rs 3163.00
8 Gram	Rs 25160	Rs 25304
10 Gram	Rs 31450	Rs 31630
100 Gram	Rs 314500	Rs 316300

Today 22 Carat Gold Price per gram in Karnataka (INR)

Gram	22 Carat Gold Yesterday	22 Carat Gold Today	Daily Price Change
1 Gram	Rs 2957.00	Rs 2975.00
8 Gram	Rs 23656	Rs 23800
10 Gram	Rs 29570	Rs 29750
100 Gram	Rs 295700	Rs 297500

Today Gold Rate in Karnataka

What is the Importance of Gold in Karnataka?

Home to the famous Kolar Gold Mines, Karnataka exhibits a unique reverence towards Gold. Considered to be a sacred metal all through the Indian subcontinent, it is especially in Karnataka that gold is viewed with utmost veneration and forms an integral part of all special occasions such as weddings and religious festivals. Exchange of gold is a must on occasions such as Diwali, Akshaya Tritiya and Dussehra.

How do People in Karnataka Buy Gold?

Karnataka is the host to several jewelers and gold traders who are renowned throughout the country. They are responsible for molding the yellow metal according to the latest trends into various designs ranging from traditional to modern. Gold coins and gold bars are also very commonly given gifts to friends and family members on special occasions and events.

What does the Price of Gold in Karnataka Depend on?

Today’s gold rate in Karnataka depends on the global factors such as the international price of gold and the dollar-rupee exchange rate as well as internal factors such as the central bank’s monetary policies and the import duties on gold. The gold rate in Karnataka fluctuates with changes in these factors and is quite volatile. Hence one has to be watchful of the prices of gold in Karnataka, accumulate at the dips and sell at the highs.

22 & 24 Carat Gold Rate in Karnataka for Last 10 Days

Year

STANDARD GOLD 22K
1 GRAM	10 GRAM

PURE GOLD 24K
1 GRAM	10 GRAM

20 November 2018

Rs. 2957.00

Rs. 29570

Rs. 3145.00

Rs. 31450

19 November 2018

Rs. 2975.00

Rs. 29750

Rs. 3163.00

Rs. 31630

18 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

17 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

16 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

15 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

14 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

13 November 2018

Rs. 2985.00

Rs. 29850

Rs. 3173.00

Rs. 31730

12 November 2018

Rs. 2985.00

Rs. 29850

Rs. 3173.00

Rs. 31730

Comparison of 22 K & 24 K Gold Rates in Karnataka

Historical Price of Gold Rate in Karnataka

Trend of Gold Rate in Karnataka for October 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Oct 1st Rate	Rs. 2924.00/- per gram	Rs. 3012.00/- per gram
Oct 31st Rate	Rs. 3038.00/- per gram	Rs. 3226.00/- per gram
Highest Oct Rate	Rs. 3058.00/- per gram	Rs. 3245.00/- per gram
Lowest Oct Rate	Rs. 2915.00/- per gram	Rs. 3003.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-3.90 %	-7.10 %

Trend of Gold Rate in Karnataka for September 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Sep 1st Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Sep 30th Rate	Rs. 2936.00/- per gram	Rs. 3024.00/- per gram
Highest Sep Rate	Rs. 2936.00/- per gram	Rs. 3024.00/- per gram
Lowest Sep Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-1.87 %	-1.82 %

Trend of Gold Rate in Karnataka for August 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Aug 1st Rate	Rs. 2854.00/- per gram	Rs. 2942.00/- per gram
Aug 31st Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Highest Aug Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Lowest Aug Rate	Rs. 2817.00/- per gram	Rs. 2905.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-0.98 %	-0.95 %

Trend of Gold Rate in Karnataka for July 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Jul 1st Rate	Rs. 2906.00/- per gram	Rs. 3094.00/- per gram
Jul 31st Rate	Rs. 2854.00/- per gram	Rs. 2942.00/- per gram
Highest Jul Rate	Rs. 2925.00/- per gram	Rs. 3094.00/- per gram
Lowest Jul Rate	Rs. 2846.00/- per gram	Rs. 2934.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	1.79 %	4.91 %

Trend of Gold Rate in Karnataka for June 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Jun 1st Rate	Rs. 2962.00/- per gram	Rs. 3150.00/- per gram
Jun 30th Rate	Rs. 2906.00/- per gram	Rs. 3094.00/- per gram
Highest Jun Rate	Rs. 2970.00/- per gram	Rs. 3158.00/- per gram
Lowest Jun Rate	Rs. 2906.00/- per gram	Rs. 3094.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	1.89 %	1.78 %

Trend of Gold Rate in Karnataka for May 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
May 2nd Rate	Rs. 2966.00/- per gram	Rs. 3154.00/- per gram
May 31st Rate	Rs. 2962.00/- per gram	Rs. 3150.00/- per gram
Highest May Rate	Rs. 3015.00/- per gram	Rs. 3200.00/- per gram
Lowest May Rate	Rs. 2956.00/- per gram	Rs. 3141.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	0.13 %	0.13 %

Gold Price in Karnataka

Karnataka is the parent state of India’s largest gold mines - the Kolar Gold Mines. Therefore, for obvious reasons, Karnataka is very involved in the buying and selling business of gold. Gold is an essential part of the festivities in Karnataka.

Storing and Importing of Gold in Karnataka

Today gold price in Karnataka affects the buying patterns of this precious metal here. From weddings to auspicious festivals, exchange and offering of gold is an important part of the rich culture of Karnataka. Karnataka is the home to several gold traders and jewelers.

The demand for gold in Karnataka is mainly during the wedding season and during important festivals like Diwali, Dussehra, Dhanteras, etc. People in this state are very fond of wearing gold jewelry, and hence, this precious yellow metal is molded and designed very intricately to suit the taste of the people here. Besides jewelry, gold coins and gold bullion are also considered as auspicious gifts in Karnataka.

Gold Price Movement in Karnataka

Gold is traded in Karnataka as not just jewelry but also as an investment. Since gold price in Karnataka has always been on the rise, gold is a safe asset to dodge inflation.

Gold as an Investment in Karnataka

The following are the two ways of buying gold in Karnataka:

Retail Buying of Gold

Retail buying of gold in Karnataka can be done either through jewelry stores or banks. You can do this both online and offline. Gold can be bought in the form of jewelry or gold bullion.