Karnataka
Gold Rate in Mysuru
Saturday, 25 April 2026
22K Gold
₹1,37,280
per 10 grams
₹13,728/ gram
₹1,09,824 / 8g • ₹13,72,800 / 100g
24K Gold
₹1,49,760
per 10 grams
₹14,976/ gram
₹1,19,808 / 8g • ₹14,97,600 / 100g
Mysuru Gold Rate — All Weights
Mysuru Gold Rate - Per Gram, 8g, 10g, 100g
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,728 | ₹14,976 |
| 8 grams | ₹1,09,824 | ₹1,19,808 |
| 10 grams | ₹1,37,280 | ₹1,49,760 |
| 100 grams | ₹13,72,800 | ₹14,97,600 |
Rate per gram - 22K: ₹13,728 | 24K: ₹14,976. Excludes GST & making charges.
Gold Rate in Mysuru with GST (3%)
Every gold purchase in India attracts 3% GST on the metal value. The prices below show what you actually pay at a Mysuru jeweller — base rate plus GST — before making charges.
GST is charged at 3% on gold value only. Making charges typically attract 5% GST separately and are not included above.
Gold Market in Mysuru
Mysuru — once the seat of the Wadiyar dynasty and the Kingdom of Mysore — is Karnataka's most culturally resonant city. Its gold market reflects the refined aesthetic of its royal heritage: Mysuru jewellers are particularly noted for temple jewellery, fine filigree, and traditional Kannada bridal sets that differ in character from Bangalore's more contemporary market. Gold rates in Mysuru closely mirror Bangalore given the cities' proximity and shared supply chains, making Mysuru one of Karnataka's most price-competitive markets for traditional jewellery.
Where to Buy Gold in Mysuru: Key Markets
Devaraja Market and Ashoka Road form the traditional jewellery core — a mix of long-established family jewellers and Mysuru's few branded outposts. Sayyaji Rao Road hosts additional mid-market showrooms. For branded retail, the malls along JLB Road and Nazarbad main road host Tanishq, Malabar Gold, Bhima Jewellers, and Kalyan Jewellers. Vijayanagar and Kuvempunagar in the newer residential extensions host neighbourhood jewellers serving the city's growing middle class. Mysuru's smaller city scale means most buyers have a preferred family jeweller relationship rather than shopping anonymously at large chains.
Mysuru Jewellery Styles & Local Preferences
Mysuru's signature jewellery style draws from the Wadiyar court heritage — intricate temple pieces featuring deity motifs, Nagabharana (serpent jewellery), and fine Kasina Sara (coin chain) necklaces. Classic Kannada bridal gold includes the Vanki armlet, Bugudi earrings, and Kasina Sara, almost exclusively in 22K. The city's proximity to the Chamrajnagar tribal belt also brings some demand for traditional tribal-motif gold pieces. Contemporary 18K and lightweight diamond jewellery are increasingly popular among the city's IT professionals and younger demographics.
Festive & Seasonal Gold Demand in Mysuru
Dasara in Mysuru is not merely a festival — it is a ten-day state spectacle centred on the city, and gold buying intensifies sharply in the run-up as families mark the occasion with new jewellery purchases. Ugadi in March–April and Akshaya Tritiya follow as significant buying days. Varamahalakshmi Vrata in August is observed across Kannada and Tamil households. The wedding season concentrates November–February. Mysuru's proximity to Coorg (Kodagu) also brings Kodava community buyers who traditionally wear distinctive gold jewellery for community ceremonies.
Buying Gold in Mysuru: Practical Tips
Mysuru's branded chains offer competitive making charges relative to Bangalore, with somewhat less price pressure — negotiating at family jewellers on Ashoka Road or Sayyaji Rao Road can yield better rates on traditional handcrafted pieces than going to a national chain. Always verify HUID codes on BIS-hallmarked pieces before payment. For temple jewellery commissions, ask for a certificate confirming that the piece is 22K (916) throughout, including any stone mounts or filigree components.
This is general guidance. Always verify prices, purity, and jeweller credentials independently before any purchase.
How the Mysuru Gold Rate Is Determined
The gold rate in Mysuru is not arbitrarily set. It is derived from a chain that begins with the international spot price, typically quoted in US dollars per troy ounce on the COMEX and LBMA. That dollar figure is converted into Indian rupees per 10 grams using the prevailing USD-INR exchange rate. Customs duty on gold imports and a 3% GST are then layered on top to arrive at a landed domestic price.
Local jewellers' associations in Karnataka — along with wholesale bullion dealers in Mysuru — announce daily rates that further reflect local transportation costs, dealer margins, and short-term demand conditions. When you shop at a jeweller in Mysuru, the sticker price you see per gram is this local-adjusted base rate. On top of that, the final invoice adds making charges (typically 8–25% of the gold value, depending on the design), any wastage charges, stone weight (if the piece has diamonds or gemstones), and 3% GST on the total.
Rates can move within the day in response to global price shifts and rupee movements, which is why Mysuru jewellers often update their sticker prices each morning. For purchases above a few grams, many buyers in Mysurucall or check online for the day's quoted rate before visiting the showroom.
Related Pages
Nearby Cities
Gold Rate by Karat
Frequently Asked Questions
What is the gold rate in Mysuru today?
Today's gold rate in Mysuru is ₹13,728 per gram for 22K (916 purity) gold and ₹14,976 per gram for 24K (999 purity) gold. These are indicative base rates excluding 3% GST, making charges, and any stone or wastage charges your jeweller may add.
Why does the gold rate in Mysuru differ from other cities?
Gold rates in Mysuru can vary slightly from the national average because of local jewellers' association quotes, state-specific levies, transportation costs from import ports, and the concentration of wholesale bullion dealers. The base gold price is set globally, but the landed cost to a Mysuru retail jeweller is also influenced by supply-chain distance to the nearest bullion hub.
Where can I buy BIS-hallmarked gold jewellery in Mysuru?
You can buy BIS-hallmarked gold jewellery from any registered jeweller in Mysuru — look for the BIS triangle logo, the purity stamp (916 for 22K or 999 for 24K), and the six-character HUID code etched onto the piece. Verify the HUID on the BIS Care mobile app before paying. Major branded chains and long-established family jewellers in the city typically maintain full BIS compliance.
What is the gold rate in Mysuru with GST today?
With 3% GST included, today's gold rate in Mysuru is approximately ₹14,140 per gram for 22K gold and ₹15,425 per gram for 24K gold. On a 10-gram 22K purchase you would pay around ₹1,41,398 inclusive of GST — the GST component alone on that 10 grams is about ₹4,118. Note that making charges, wastage, and stone-setting fees are additional and are also subject to GST (typically 5% on making charges). Always ask your Mysuru jeweller for a GST-compliant tax invoice that separately lists gold value, making charges, and the GST amount.
How much gold does a typical bridal set cost in Mysuru?
At today's Mysuru rate of ₹13,728 per gram for 22K gold, a 50-gram bridal jewellery set would have a base metal value of approximately ₹6,86,400, before making charges (typically 8–25%) and 3% GST. A full traditional bridal trousseau often involves 100 grams or more of 22K gold across multiple pieces, and the overall invoice can be significantly higher once making charges, wastage, and stone components are added.
Is the gold rate in Mysuru for 22K or 24K?
We publish both 22K (916 purity, used in almost all Indian jewellery) and 24K (999 purity, used in investment coins, bars, and digital gold products) rates for Mysuru. 22K is the right benchmark if you are shopping for jewellery at a Mysuru jeweller. 24K is the relevant benchmark if you are buying investment-grade gold coins, bars, Sovereign Gold Bonds, Gold ETFs, or digital gold.