Gold Rate Today in Chamarajanagar, Karnataka — Complete Guide (7 August 2026)
Today's gold rate in Chamarajanagar is ₹14,994/gram (24K), ₹13,740/gram (22K), and ₹11,242/gram (18K). 1 Tola (11.6638 grams of 24K gold) costs ₹1,74,887.017 in Chamarajanagar today. 10 grams of 24K gold costs ₹1,49,940 and 10 grams of 22K gold costs ₹1,37,400 in Chamarajanagar. 22K gold price has increased by ₹15 compared to yesterday.
About Chamarajanagar: Chamarajanagar is the southernmost district of Karnataka, carved out of the erstwhile Mysore district on 15 August 1997 and named after Maharaja Chamaraja Wodeyar IX, who was born here. The district headquarters town sits on the southern edge of the Mysore plateau at roughly 720 m elevation, bordering both Tamil Nadu and Kerala. It is the terminus of the southernmost railway line in Karnataka and falls under the KA-10 RTO jurisdiction.
Chamarajanagar town lies on National Highway 948 (the Bengaluru–Coimbatore corridor), about 60 km south of Mysore and roughly 180 km from Bengaluru. It is a gateway to the BR Hills, MM Hills and Bandipur wildlife reserves. Because it is a smaller town, the nearest large showrooms of chains such as Malabar Gold, Kalyan Jewellers and Tanishq are in Mysore (~60 km); local demand is served by regional Karnataka jewellers and BIS-hallmarked town showrooms.
Gold Purity & Price Comparison in Chamarajanagar
| Purity | Karat | Gold % | Rate/gram | Best For |
|---|
| 999 | 24K | 99.9% | ₹14,994 | Investment, Coins |
| 916 | 22K | 91.6% | ₹13,740 | Jewellery |
| 750 | 18K | 75.0% | ₹11,242 | Diamond Jewellery |
| 585 | 14K | 58.5% | ₹8,771 | Fashion Jewellery |
Factors Affecting Gold Price in Chamarajanagar
- International Gold Prices: Chamarajanagar's gold rate follows global LBMA benchmarks converted to INR.
- USD/INR Exchange Rate: A weaker rupee makes imported gold more expensive in Chamarajanagar.
- Import Duty & GST: 15% import duty + 3% GST are included in the retail gold price.
- Local Demand: Wedding season and festivals drive up gold demand in Karnataka.
- Transportation & Dealer Margin: Minor ₹0–50/gram variation from the base indicative rate in Chamarajanagar.
Tax on Gold Purchase in Chamarajanagar
- GST: 3% on gold jewellery, coins, and bars purchased in Chamarajanagar
- Making Charges GST: 5% GST on making/labour charges at Chamarajanagar jewellers
- Capital Gains: Short-term (<3 years) — income slab rate. Long-term (3+ years) — 20% with indexation
- TDS: 1% TDS on gold purchases exceeding ₹10 lakh per year
Where to Buy Gold in Chamarajanagar?
You can buy BIS-hallmarked gold in Chamarajanagar from trusted national and regional jewellery chains. Always look for the HUID (Hallmark Unique Identification) stamp and compare making charges (3–25% depending on design) before buying.
🏬 Venugopal Gold Palace12-1-2-6 D, Deviation Road, opposite Mahesh Gas Agency, Galipur571313
🏬 Valummel Gold and DiamondsCar St, Galipur571313
🏬 Sri Nandakumar JewellersBig Bazaar St, Galipur571313
🏬 Sri Basaveshwara JewellersBig Bazaar St, Urban571313
🏬 Mayura JewellersBig Bazaar St, Urban571313
🏬 Ramdev Jewellers & Banker'sBig Bazaar St, Galipur571313
Other jewellers in Chamarajanagar:
- New Sahara Fancy Gold Covering - TBN Complex, Big Bazaar St (PIN: 571313)
- Shree Ganesh Jewellers - Chamarajanagar (PIN: 571313)
Popular gold markets & jewellery hubs near Chamarajanagar:
- Chamarajanagar town main market
- Kollegal jewellery & silk market
Gold Loan in Chamarajanagar
Banks and NBFCs in Chamarajanagaroffer gold loans at 7-12% interest per annum. With today's 22K rate at ₹13,740/gram, 10 grams of gold can fetch a loan of approximately ₹1,03,050 (75% LTV). Top gold loan providers in Chamarajanagar: Muthoot Finance, Manappuram Finance, Muthoot Fincorp, IIFL Finance, Shriram Finance, Canara Bank, Karnataka Bank, State Bank of India (SBI) (absorbed State Bank of Mysore), Indian Bank, Union Bank of India, HDFC Bank, ICICI Bank, Federal Bank, Axis Bank, Karnataka Gramin Bank, Karnataka Vikas Grameena Bank (KVGB), Karnataka State Co-operative Apex Bank, Local District Central Co-operative (DCC) Banks, Rupeek.
Verified gold loan branches in Chamarajanagar:
💰 Gold LoanIIFL Gold Loan1st Floor, No 8/1, 10/1525/20, Sampige Rd, opposite Axis Bank, Chamarajanagar571313
💰 Gold LoanMuthoot Finance Gold Loan1st Floor, Canara Bank, No. 108/1065, Double Road, Bramaramba Extension571313
💰 Gold LoanChola Gold LoanBTS Building, No. 731/687, Main Road, near KSRTC Bus Stand, Galipur571313
💰 Gold LoanManappuram Finance — Gold Loan1st Floor, Azeez Complex, No. 2547/2547, Sathy Road, Chamarajanagar571313
💰 Gold LoanMuthoot FinCorp Gold Loan26/21, Sampige Rd, opp. Axis Bank, Urban571313
💰 Gold LoanMuthoot Mcred (Muthoottu Mini) Gold LoanFirst Floor, Shree Ram Complex, No 34, Sampige Rd, nearby Sub Registrar Office, Urban571313
🏦 FinanceBajaj Finance Branch1st Flr, Girish Complex, Honda Showroom, Double Road, Siddhartha Nagar571313
🏦 FinanceShriram Finance Limited2nd Floor, Shri Lakshmi Venkateshwara Complex, Sbi Regional Office, Nanjangud Road, Urban571313
More gold loan branches in Chamarajanagar:
- Manappuram Finance — Gold Loan - No. B, 729/685, Satty Road, near Ksrtc Bus Stand, Galipur (PIN: 571313)
- Manappuram Finance — Gold Loan - 1st Floor, Sri Rama Complex, Sampige Rd, Urban (PIN: 571313)
- Manappuram Finance — Gold Loan - Aparna Complex, No. 4/3453, Car St, beside SBI ATM, Galipur (PIN: 571313)
- Muthoot FinCorp Gold Loan - Prestige Complex, No. 732/688, SH81, near KSRTC Bus Stand, Galipur (PIN: 571313)
- Shriram Finance Limited - 1st Floor, Angel Complex, 1st Cross, Attikane, Bramaramba Extension (PIN: 571313)
Compare gold-loan interest rates, LTV and schemes across major banks on our gold loan banks page, or estimate how much you can borrow with the gold loan LTV calculator.
Gold Tradition & Culture in Karnataka
Karnataka is a major gold mining state with Kolar Gold Fields (KGF) being historically famous. Bangalore is a major retail gold market. Udupi and Mangalore have strong gold trading traditions.
Best time to buy gold in Chamarajanagar: Ugadi (Mar–Apr), Varamahalakshmi Vrata (Aug), Dasara / Navaratri (Sep–Oct) — strong Mysore Dasara influence, Diwali & Dhanteras (Oct–Nov), Akshaya Tritiya (Apr–May).
Gold Investment Options in Chamarajanagar
- Physical Gold: Buy 22K/24K gold coins, bars, and jewellery from trusted Chamarajanagar jewellers.
- Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + tax-free maturity. Buy from any bank in Chamarajanagar.
- Gold ETFs: Trade on NSE/BSE like shares. No storage hassle. Top picks: Nippon Gold ETF, SBI Gold ETF.
- Digital Gold: Buy from ₹1 via Google Pay, PhonePe, Paytm. Gold stored in insured vaults.
- Gold Mutual Funds: Invest via SIP using our SIP Calculator.
📚 Essential Gold Investment Guides
Read our expert guides to understand gold pricing, tax rules, and smart investment strategies.
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What is 999 Gold? 24K Pure Gold Meaning & Price
999 gold means 24K — 99.9% pure gold. Learn the 999 hallmark meaning, why it is too soft for jewellery but ideal for coins, bars & SGB, and how to verify purity.
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What is 916 Gold? 22K Hallmark Meaning & Price
916 gold means 22K — 91.6% pure gold with 8.4% alloy. Learn the 916 hallmark meaning, how to verify it with BIS HUID, price vs 24K, and why it is the standard for jewellery in India.
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What is 18K Gold? 750 Hallmark Price & Use
18K gold means 75% pure gold + 25% alloy (BIS hallmark 750). Learn why 18K is the standard for diamond & studded jewellery, price vs 22K/24K, colour variants and how to verify it.
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22K (916) vs 24K Gold: Which One Should You Buy?
A complete guide on the difference between 22K and 24K gold. Learn which is better for jewellery and which is best for investment.
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How to Calculate Gold Jewellery Price (GST & Making Charges)
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Sovereign Gold Bonds (SGB) vs Physical Gold
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Gold Loan vs Personal Loan: Which is Better?
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What is HUID? How to Check BIS Hallmark Gold Purity
Always verify the purity of your gold. Learn how to use the BIS Care App and the 6-digit HUID code to check if your gold is truly 916 hallmarked.
Read full guide ➔❓ Frequently Asked Questions — Chamarajanagar
▸ What is today's gold rate in Chamarajanagar?
Today's gold rate in Chamarajanagar (Karnataka): 24K = ₹14,994/gram, 22K = ₹13,740/gram, 18K = ₹11,242/gram. 1 Tola (ತೋಲ) = ₹1,60,260.612.
▸ Why is Chamarajanagar also spelled Chamrajnagar or Chamarajanagara?
Chamarajanagar (officially Chamarajanagara in Kannada) is the southernmost district of Karnataka, named after Maharaja Chamaraja Wodeyar IX. In everyday usage and on the official government site (chamrajnagar.nic.in) it is frequently shortened to 'Chamrajnagar', and the full Kannada form 'Chamarajanagara' is also common. All three — Chamarajanagar, Chamrajnagar and Chamarajanagara — refer to the same place, and gold rates are identical regardless of spelling. The indicative daily 24K, 22K (916) and 18K (750) rates published here apply to the whole district including Kollegal, Yelandur, Gundlupet and Hanur.
▸ What is the difference between KDM and 916 gold in Chamarajanagar?
KDM (Kadmium / cadmium-soldered) gold was an older soldering method that used cadmium to join jewellery pieces; it is NOT a purity grade. 916 gold means 22 Karat gold with 91.6% purity — the current BIS hallmark standard for jewellery. Since 1 January 2021, the Bureau of Indian Standards made hallmarking mandatory and effectively phased out cadmium-based KDM soldering in favour of BIS-hallmarked 916 (22K) jewellery. So in Chamarajanagar today, you should buy BIS-hallmarked 916 gold, not 'KDM' gold.
▸ Is the gold rate in Chamarajanagar the same as in Mysore?
Yes, almost identical. Chamarajanagar is about 60 km from Mysore and both follow similar daily indicative gold rates, so 24K, 22K and 18K prices per gram are usually the same. Any difference is a negligible ₹0–50 per gram due to local transport and dealer margins. Many buyers from Chamarajanagar also compare rates with Mysore showrooms before purchasing.
▸ Which are the best jewellers in Chamarajanagar?
Chamarajanagar town is served by regional jewellery showrooms rather than national chains. Well-known local jewellers include Venugopal Gold Palace (Deviation Road, Galipur), Valummel Gold and Diamonds (Car St, Galipur), Sri Nandakumar Jewellers, Sri Basaveshwara Jewellers, Mayura Jewellers and Ramdev Jewellers & Banker's (all on or near Big Bazaar St), and New Sahara Fancy Gold Covering (TBN Complex). The nearest outlets of national chains such as Malabar Gold, Kalyan Jewellers and Tanishq are in Mysore (~60 km away). Always insist on the BIS hallmark and the 6-character HUID code, regardless of where you buy.
▸ Where can I get a gold loan in Chamarajanagar?▼
Chamarajanagar has multiple gold-loan branches along Big Bazaar St, Sampige Rd, Sathy Road and near the KSRTC bus stand. Major NBFCs operating here include Muthoot Finance (Canara Bank building, Double Road), Muthoot FinCorp (Sampige Rd / Prestige Complex near KSRTC), Manappuram Finance (Azeez Complex, Sathy Road, and three other branches), Chola (Cholamandalam) Gold Loan (BTS Building, Main Road), IIFL Gold Loan (Sampige Rd), and Muthoot Mcred / Muthoottu Mini. Among banks, Bajaj Finance (Girish Complex, Double Road) and Shriram Finance (Nanjangud Road / Bramaramba Extension) offer gold-backed loans. Compare LTV (typically 75%), interest rate (7–12% p.a.) and processing fees before pledging.
▸ Did gold price go up or down today in Chamarajanagar?▼
Gold price increased by ₹16 per gram today in Chamarajanagar. 24K is now ₹14,994/gram, 22K is ₹13,740/gram, 18K is ₹11,242/gram.
▸ Why did gold price rise today in Chamarajanagar?▼
Today gold rate increased by ₹15 per gram for 22K gold on 07 August 2026 (Friday). The rise in gold rate today was modest compared with Thursday's sharp move, but it came against a stronger global bullion backdrop.
Read full market analysis →▸ What is 22K gold rate in Chamarajanagar today?▼
22K (916 hallmark) gold rate in $Chamarajanagar today is $₹13,740 per gram. 10 grams costs $₹1,37,400. 22K is the standard purity for gold jewellery in India.
What is 916 gold? → Verify BIS hallmark →▸ How much does 1 Tola (ತೋಲ) gold cost in Chamarajanagar?▼
1 Tola (ತೋಲ) is equal to 11.6638 grams of 24K gold. Today's 1 Tola (ತೋಲ) price in Chamarajanagar is ₹1,74,887.017.
▸ What is 10 gram gold price in Chamarajanagar?▼
10 grams of 24K pure gold costs ₹1,49,940 in Chamarajanagar. 10 grams of 22K gold costs ₹1,37,400, and 10 grams of 18K gold costs ₹1,12,420.
▸ Is gold rate same in Chamarajanagar and other cities?▼
Largely yes. Gold rates across India broadly follow a single national benchmark (aligned with IBJA's daily published rate). However, minor variations (₹0-50/gram) exist in Chamarajanagar due to local taxes, transportation cost, octroi, and local jeweller associations' policies.
▸ Where to buy gold in Chamarajanagar?▼
You can buy gold in $Chamarajanagar from top showrooms like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas, and certified local retailers. Always look for the BIS Hallmark logo and HUID number.
Full HUID verification guide →▸ What is making charge in Chamarajanagar jewellers?▼
Making charges in $Chamarajanagar range from 3% to 25% of the gold price depending on style. Plain chains or bangles range from 3% to 8%, while intricate bridal ornaments or temple designs range from 15% to 25%. GST of 5% applies to making charges separately.
Full jewellery price calculator →▸ Can I get gold loan in Chamarajanagar?▼
Yes. Banks and NBFCs in Chamarajanagar offer gold loans up to 75% of the gold's value at 7-12% interest rates. 10g of 22K gold (₹1,37,400) can fetch a loan of ~₹1,03,050. Major providers include SBI, Muthoot Finance, and Manappuram.
Compare gold loan options → SBI Gold Loan →▸ What tax do I pay on gold in Chamarajanagar?▼
Buying gold jewellery attracts 3% GST on the gold value, plus 5% GST on the making charges. A 1% TDS applies if you purchase gold worth more than ₹10 lakh in cash.
▸ Is gold a good investment in Chamarajanagar?▼
Yes, gold has delivered a consistent 12-15% annual return over the last decade. If you want to avoid storage costs, consider investing in
Sovereign Gold Bonds (SGBs) or Gold ETFs instead of physical ornaments.
▸ What is 916 gold in Chamarajanagar?▼
▸ How to check gold purity in Chamarajanagar?▼
Look for the BIS Hallmark stamp (which includes the BIS triangular logo, 916/750 purity mark) and the unique 6-character HUID alphanumeric code. You can verify the HUID using the BIS Care app.
Step-by-step HUID check →▸ Is gold a good investment in 2026?▼
▸ Where can I find accurate gold rate in Chamarajanagar daily?▼
WealthMinty publishes indicative daily gold rates for Chamarajanagar, covering 24K, 22K, and 18K prices. Rates are manually curated by our editorial team from public bullion market data, updated daily, with 1-month price history, gold weight calculator, and nearby city comparison.
View all India gold rates →▸ What is the gold rate trend this month in Chamarajanagar?▼
Gold prices in Chamarajanagar broadly track national benchmark rates with minor local adjustments. View the 30-day gold rate history chart above for daily price movements in Chamarajanagar. Current 24K: ₹14,994/gram, 22K: ₹13,740/gram.
Read gold rate trend analysis →▸ How much gold can I buy for ₹1 lakh in Chamarajanagar?▼
At today's rate in Chamarajanagar, ₹1,00,000 can buy 6.67 grams of 24K gold or 7.28 grams of 22K gold. For ₹50,000, you get 3.33g (24K) or 3.64g (22K). Making charges (3-25%) and 3% GST are extra.
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