Today's Gold Price in Mangalore

Gold price in Mangalore depends on various global and national factors, like import duty, tariffs, oil prices, as well as the demand and supply from consumers. The demand for gold in India is driven by sales during weddings. Most consumers in Mangalore buy gold jewellery and ornaments for auspicious occasions, festivals and weddings. Dhanteras and Akshaya Tritiya are some of the popular festivals where people purchase gold. Apart from ornamental uses, gold is also used as a safe hedge against inflation and depreciation of other financial assets. Several reputed jewellers offer BIS hallmarked jewellery, gold coins, and bullion which adhere to international standards of purity. A wide range of gold articles is available for various occasions. Trading in digital gold has also witnessed an increase.