Stay updated with today gold rate in Mysore with real-time price trends for 22K and 24K gold. Mysore’s gold prices fluctuate daily based on national and international market conditions, making it essential for buyers and investors to check the updated rates before making a purchase. Whether you’re planning to buy jewellery, gold coins, or invest in bullion, our accurate and reliable Mysore gold rate updates help you make informed decisions. Track today’s price, compare it with previous days, and stay ahead with smart gold buying insights.
Today (May 01, 2026) Gold Rate In Mysore, 24 Carat is ₹15,123 per gram, 22 Carat 999 gold price is ₹13,862 per gram and 18 Carat gold price is ₹11,342. Presently, gold prices in Mysore vary with global economic trends and local market demand.
Today Gold Rate in Mysore 24 Carat
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹15,123 | ₹15,059 | +₹64 |
| 8g | ₹120,980 | ₹120,469 | +₹511 |
| 10g | ₹151,225 | ₹150,586 | +₹639 |
| 100g | ₹1,512,250 | ₹1,505,860 | +₹6,390 |
Today Gold Rate in Mysore 22 Carat
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹13,862 | ₹13,804 | +₹59 |
| 8g | ₹110,898 | ₹110,430 | +₹469 |
| 10g | ₹138,623 | ₹138,037 | +₹586 |
| 100g | ₹1,386,229 | ₹1,380,372 | +₹5,857 |
Today Gold Rate in Mysore 18 Carat
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹11,342 | ₹11,294 | +₹48 |
| 8g | ₹90,735 | ₹90,352 | +₹383 |
| 10g | ₹113,419 | ₹112,940 | +₹479 |
| 100g | ₹1,134,188 | ₹1,129,395 | +₹4,793 |
Last 7 Days Gold Rate In - Mysore
| Date | 24k (1g) | 22k (1g) | Change 24k (1g) | Change 22k (1g) |
|---|---|---|---|---|
| 2026-05-01 | 15,122.50 | 13,862.29 | +63.90 | +58.57 |
| 2026-04-30 | 15,058.60 | 13,803.72 | +115.60 | +105.97 |
| 2026-04-29 | 14,943.00 | 13,697.75 | -137.00 | -125.58 |
| 2026-04-28 | 15,080.00 | 13,823.33 | -172.50 | -158.13 |
| 2026-04-27 | 15,252.50 | 13,981.46 | +130.00 | +119.17 |
| 2026-04-25 | 15,279.90 | 14,006.58 | +124.80 | +114.40 |
| 2026-04-24 | 15,155.10 | 13,892.18 | -77.30 | -70.86 |
FAQs – Today Gold Rate In Mysore
What factors influence the gold rate forecast in Mysore?
Gold prices in Mysore are influenced by international gold rates, currency fluctuations, local demand, inflation trends, and geopolitical conditions.
How accurate are daily gold rate forecasts?
Forecasts provide directional insights based on current market indicators, but actual prices may vary due to sudden economic or global events.
Why do gold prices in Mysore differ from other cities?
Gold Price in Mysore difference arise due to local taxes, transportation costs, making charges, and state-level market demand.
Are 22K and 24K gold price trends the same?
Both follow the same market direction, but 24K (pure gold) typically shows sharper price movements due to higher purity.
How often do gold rates change in Mysore?
Gold prices can change multiple times in a day depending on global market fluctuations.
Where can I check today’s live gold rate in Mysore?
Live gold rates can be checked through trusted jewellery stores, financial apps, commodity exchanges, and updated gold rate websites.
Check Today’s Silver Price
- Rates updated daily at 9 AM IST — reflecting MCX India spot price
- Best gold markets: Devaraja Market, Sayyaji Rao Road
- Best time to buy: Dasara (Mysore’s famous 10-day Dasara) & Akshaya Tritiya
- Always verify BIS hallmark (HUID) before purchase
- For investment: consider Sovereign Gold Bond (SGB) for 2.5% interest + tax benefits
- Mysore Dasara is one of India’s grandest festivals, driving significant gold sales; the city also hosts GIM (Gold International Meet) annually.
Gold Investment & Finance Guide for Mysore
Beyond buying jewellery, gold in Mysore is a powerful financial instrument. Here is a concise guide to the key money-related ways residents of Mysore, Karnataka use gold for wealth creation and financial security.
Gold Loans in Mysore: Banks and NBFCs such as SBI, Canara Bank, Muthoot Finance, Karnataka Bank offer instant gold loans against your existing gold ornaments or coins. With gold loan interest rates of 7–22% per annum and LTV up to 75%, this is one of the fastest liquidity options available in Mysore. The process takes under 60 minutes with just KYC documents.
Sovereign Gold Bonds (SGB) in Mysore: Issued by the Reserve Bank of India, SGBs are the most tax-efficient way to invest in gold. Available through SBI, HDFC, ICICI, and post offices across Mysore, they offer 2.5% annual interest plus gold price appreciation. Capital gains on redemption after 8 years are fully exempt from tax — making SGBs the best gold investment for long-term wealth builders in Mysore.
Digital Gold & Gold ETFs: Platforms such as PhonePe, Paytm, Google Pay, Groww, and Zerodha Coin offer digital gold starting at ₹1. Gold ETFs (like SBI Gold ETF, HDFC Gold ETF) are traded on NSE/BSE and can be bought from any broker in Mysore. Expense ratios are typically 0.4–0.6%. Both options eliminate making charges and storage costs.
Gold Coins & Bars in Mysore: Government mints (MMTC-PAMP, India Government Mint) and banks like SBI and PNB sell BIS-certified gold coins (2g, 5g, 10g, 20g, 50g) in Mysore. These carry no making charges but attract 3% GST. They can be used as loan collateral and are accepted by all jewellers for exchange.
Frequently Asked Questions — Gold Rate in Mysore
What is today’s gold rate in Mysore per gram?
Today’s 24K (999 purity) gold rate in Mysore is updated every morning at 9 AM IST on this page. The price reflects the MCX India spot price adjusted for local premiums in Karnataka. Check the live rate table above for the exact current price.
Why is the gold rate in Mysore slightly different from other cities?
Gold rates vary slightly between cities due to local state taxes, transportation costs, dealer premiums, and demand-supply dynamics. Mysore Dasara is one of India’s grandest festivals, driving significant gold sales; the city also hosts GIM (Gold International Meet) annually. These factors cause minor price differences across regions in India.
Where is the best place to buy gold in Mysore?
The most trusted gold markets in Mysore are: Devaraja Market, Sayyaji Rao Road, Ashoka Road. Sayyaji Rao Road is Mysore’s premier jewellery shopping street, with a mix of traditional and contemporary designs. For maximum safety, buy from BIS-hallmarked stores (HUID-certified) or well-known national chains such as Tanishq, Malabar Gold, Kalyan Jewellers, or Joyalukkas.
What is 916 gold (22K) and why does it matter in Mysore?
“916” denotes 91.6% gold purity — the standard for 22-karat gold. BIS hallmarking certifies this purity in India. When buying gold jewellery in Mysore, always insist on a BIS hallmark (look for the 6-digit HUID code) to ensure you pay a fair price and can resell easily.
What are the gold making charges in Mysore?
Gold jewellery making charges in Mysore typically range from 10–20% of the gold value, depending on design complexity. Hand-crafted and antique pieces attract higher charges. Branded showrooms tend to charge more than local jewellers in Devaraja Market. Making charges are non-refundable if you exchange jewellery.
Is it better to buy physical gold, Gold ETF, or Sovereign Gold Bond (SGB) in Mysore?
Each option suits different goals. Physical gold (jewellery/coins) is best for gifting and tradition but carries 10–30% making charges. Gold ETFs (available through any broker in Mysore) offer stock-market liquidity with low expense ratios (~0.5%). Sovereign Gold Bonds (SGBs) issued by RBI offer 2.5% annual interest + gold price appreciation with zero making charges and capital gains tax exemption on maturity — ideal for long-term investors in Mysore.
Can I get a gold loan in Mysore? What is the interest rate?
Yes, gold loans are widely available in Mysore through SBI, Canara Bank, Muthoot Finance, Karnataka Bank. Interest rates range from 7–22% per annum. The RBI mandates a maximum LTV (Loan-to-Value) of 75% of gold value. Gold loans in Mysore are processed within 30–60 minutes with minimal documentation.
What is the GST on gold jewellery in Mysore?
As per the Indian GST framework, gold jewellery attracts 3% GST on the gold value. Making charges are taxed separately at 5% GST. These GST rates are uniform across India, including Mysore. When buying gold coins or bars in Mysore, GST is 3% on the total value. Keep the purchase invoice for future resale or insurance claims.
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