Gold Rate Today in Gundlupet, Karnataka โ Complete Guide (23 August 2026)
Today's gold rate in Gundlupet is โน16,315/gram (24K), โน14,950/gram (22K), and โน12,232/gram (18K). 1 Tola (11.6638 grams of 24K gold) costs โน1,90,294.897 in Gundlupet today. 10 grams of 24K gold costs โน1,63,150 and 10 grams of 22K gold costs โน1,49,500 in Gundlupet.
About Gundlupet: Gundlupet is the southernmost town of Chamarajanagar district, lying about 35 km south-west of Chamarajanagar town on the way to Ooty and Kerala. It is popularly called the 'gateway to Bandipur' because the Bandipur Tiger Reserve and National Park begins just beyond the town. Gundlupet falls on the KarnatakaโKeralaโTamil Nadu tri-junction and sees a steady flow of travellers, which supports a small local gold market.
Gold Purity & Price Comparison in Gundlupet
| Purity | Karat | Gold % | Rate/gram | Best For |
|---|
| 999 | 24K | 99.9% | โน16,315 | Investment, Coins |
| 916 | 22K | 91.6% | โน14,950 | Jewellery |
| 750 | 18K | 75.0% | โน12,232 | Diamond Jewellery |
| 585 | 14K | 58.5% | โน9,544 | Fashion Jewellery |
Factors Affecting Gold Price in Gundlupet
- International Gold Prices: Gundlupet's gold rate follows global LBMA benchmarks converted to INR.
- USD/INR Exchange Rate: A weaker rupee makes imported gold more expensive in Gundlupet.
- 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 โน0โ50/gram variation from the base indicative rate in Gundlupet.
Tax on Gold Purchase in Gundlupet
- GST: 3% on gold jewellery, coins, and bars purchased in Gundlupet
- Making Charges GST: 5% GST on making/labour charges at Gundlupet jewellers
- Capital Gains: Short-term (<3 years) โ income slab rate. Long-term (3+ years) โ 20% with indexation
- TDS: 1% TDS on gold purchases exceeding โน10 lakh per year
Where to Buy Gold in Gundlupet?
You can buy BIS-hallmarked gold in Gundlupet from trusted national and regional jewellery chains. Always look for the HUID (Hallmark Unique Identification) stamp and compare making charges (3โ25% depending on design) before buying.
๐ฌ M Suresh JewellersNear Ganapathi Temple, KRC Main Road, Gundlupet571111
๐ฌ Valummel Gold and DiamondsKRC Road, Near Old Bus Stand, Gundlupet571111
Popular gold markets & jewellery hubs near Gundlupet:
- KRC Road / KRC Main Road (main commercial and jewellery stretch)
- MysuruโOoty Road near SBI / KSRTC Bus Stand
Gold Loan in Gundlupet
Banks and NBFCs in Gundlupetoffer gold loans at 7-12% interest per annum. With today's 22K rate at โน14,950/gram, 10 grams of gold can fetch a loan of approximately โน1,12,125 (75% LTV). Top gold loan providers in Gundlupet: 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 Gundlupet:
๐ฐ Gold LoanMuthoot Finance Gold Loan1st Floor, No. 474/418, MysuruโOoty Road, near KSRTC Bus Stand, Gundlupet571111
๐ฐ Gold LoanMuthoot FinCorp Gold LoanNo. 33/33/3, Siddalingeshwara Complex, MysuruโOoty Road, near SBI, Gundlupet571111
๐ฐ Gold LoanManappuram Finance โ Gold Loan1st Floor, Siddalingeshwara Complex, B.N. Road, Gundlupet571111
๐ฐ Gold LoanIIFL Gold Loan1st Floor, No. 533/506A, VMN Road, above Brundavana Clinic, Gundlupet571111
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 Gundlupet, Karnataka: Ugadi (Mar-Apr), Dasara (Oct), Akshaya Tritiya, Varamahalakshmi Festival (Aug).
Gold Investment Options in Gundlupet
- Physical Gold: Buy 22K/24K gold coins, bars, and jewellery from trusted Gundlupet jewellers.
- Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + tax-free maturity. Buy from any bank in Gundlupet.
- Gold ETFs: Trade on NSE/BSE like shares. No storage hassle. Top picks: Nippon Gold ETF, SBI Gold ETF.
- Digital Gold: Buy from โน1 via Google Pay, PhonePe, Paytm. Gold stored in insured vaults.
- Gold Mutual Funds: Invest via SIP using our SIP Calculator.
๐ Essential Gold Investment Guides
Read our expert guides to understand gold pricing, tax rules, and smart investment strategies.
๐ฅ
What is 999 Gold? 24K Pure Gold Meaning & Price
999 gold means 24K โ 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.
Read full guide โ๐ฅ
What is 916 Gold? 22K Hallmark Meaning & Price
916 gold means 22K โ 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.
Read full guide โ๐
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.
Read full guide โ๐
Gold Price Forecast 2026: Will Prices Increase or Decrease?
Expert analysis and predictions for gold prices in India. Understand global factors, inflation, and if it is the right time to invest.
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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.
Read full guide โ๐งฎ
How to Calculate Gold Jewellery Price (GST & Making Charges)
Do not get cheated at the jewellery store. Learn exactly how to calculate the final price of gold jewellery including making charges and 3% GST.
Read full guide โ๐๏ธ
Sovereign Gold Bonds (SGB) vs Physical Gold
Why buying digital gold or SGBs might be a better investment than physical gold. Compare returns, safety, and tax benefits.
Read full guide โ๐ธ
Gold Loan vs Personal Loan: Which is Better?
Need cash urgently? Discover why taking a gold loan is faster, cheaper, and has lower interest rates compared to a standard personal loan.
Read full guide โ๐
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 โ1๏ธโฃ
What is 1 Gram Gold Rate Today? Live Price per Gram
Understand how the 1-gram gold rate is fixed each morning, the live 24K/22K/18K per-gram price, and why the gram is the base unit for every other gold weight.
Read full guide โ๐
10 Gram Gold Price Today (1 Tola) โ Exact Rate & Charges
10 grams equals 1 tola. See the exact 10g price for 24K/22K/18K, plus how making charges and GST push the final jeweller bill higher.
Read full guide โ๐ช
1 Pavan (8 Gram) Gold Rate Explained
1 Pavan (Sovereign) = 8 grams โ the traditional jewellery weight unit used in Kerala and Tamil Nadu. See todayโs 1 Pavan gold value and how it is priced.
Read full guide โ๐
Gold Price History โ Last 30 Days Trend
Track the daily 30-day gold rate movement for 24K and 22K, including the biggest single-day jumps, drops and the reasons behind them.
Read full guide โ๐
Gold Rate Last 1 Year Trend โ Returns & Milestones
The full 12-month gold price movement, annual returns, record highs and what drove gold across the past one year in India.
Read full guide โ๐
10-Year Gold Price History (2016โ2026) โ CAGR & Milestones
A decade of gold prices in India: the 10-year CAGR, every major milestone, and why gold has been one of the best-performing assets of the period.
Read full guide โ๐
Why Gold Price Changes Daily โ 7 Key Factors Explained
The exact mechanism behind daily gold rate changes: international spot price, USD/INR, import duty, GST, RBI moves, demand and geopolitics.
Read full guide โโฐ
Best Time to Buy Gold in India โ Months, Festivals & SIP
When is gold genuinely cheaper? Learn the off-season dip months, festival timing, and why SIP beats trying to time the market.
Read full guide โ๐งพ
Gold Price GST Breakup Explained โ Import Duty + 3% GST
See the layer-by-layer breakup of the gold price: international price, ~15% import duty, 3% GST and making charges โ and where jewellers hide cost.
Read full guide โ๐๏ธ
MCX Gold Price vs Retail Price โ Whatโs the Difference?
Why the rate your jeweller quotes is higher than the MCX commodity price. Understand the IBJA benchmark, premiums and the retail vs exchange gap.
Read full guide โ๐
Gold Rate Morning vs Evening โ Is It the Same?
Indian gold rate is fixed once a day, in the morning. Learn why the evening rate is the same, how the morning fix works, and the rare same-day revisions.
Read full guide โโ Frequently Asked Questions โ Gundlupet
โธ What is today's gold rate in Gundlupet?
Today's gold rate in Gundlupet (Karnataka): 24K = โน16,315/gram, 22K = โน14,950/gram, 18K = โน12,232/gram. 1 Tola (เฒคเณเฒฒ) = โน1,74,373.81.
โธ Is the gold rate in Gundlupet the same as Chamarajanagar?
Yes. Gundlupet is a taluk of Chamarajanagar district, about 35 km from the district headquarters, and both follow the same Karnataka indicative gold rate. So 24K, 22K (916) and 18K gold prices per gram are identical in Gundlupet and Chamarajanagar. Travellers buying gold jewellery on the way to Bandipur or Ooty should still insist on the BIS hallmark and HUID code.
โธ Which are the best jewellers in Gundlupet?
Gundlupet's gold market is concentrated along KRC Road / KRC Main Road and near the Old Bus Stand. Verified local showrooms include M Suresh Jewellers (near Ganapathi Temple, KRC Main Road) and Valummel Gold and Diamonds (KRC Road, near Old Bus Stand). The nearest outlets of national chains such as Kalyan Jewellers, Malabar Gold and Tanishq are in Kollegal (~55 km) and Mysore (~65 km). Always insist on the BIS hallmark and 6-character HUID code.
โธ Where can I get a gold loan in Gundlupet?
Gundlupet has a good cluster of gold-loan branches along the MysuruโOoty Road, B.N. Road and near the KSRTC bus stand. Verified NBFC branches include Muthoot Finance (MysuruโOoty Road, near KSRTC Bus Stand), Muthoot FinCorp (Siddalingeshwara Complex, near SBI), Manappuram Finance (Siddalingeshwara Complex, B.N. Road) and IIFL Gold Loan (VMN Road, above Brundavana Clinic). Compare LTV (typically 75%), interest rate (7โ12% p.a.) and processing fees before pledging.
โธ Did gold price go up or down today in Gundlupet?
Gold price remained unchanged today in Gundlupet. 24K is โน16,315/gram, 22K is โน14,950/gram, 18K is โน12,232/gram.
โธ Why did gold price rise today in Gundlupet?โผ
Today gold rate remained unchanged on 23 August 2026 (Sunday), with the 22K gold price holding at Saturday's level. The main reason gold rate today has not changed is the weekend closure of major international bullion markets, which means there is no fresh global gold price discovery on Sunday.
Read full market analysis โโธ What is 22K gold rate in Gundlupet today?โผ
โธ How much does 1 Tola (เฒคเณเฒฒ) gold cost in Gundlupet?โผ
1 Tola (เฒคเณเฒฒ) is equal to 11.6638 grams of 24K gold. Today's 1 Tola (เฒคเณเฒฒ) price in Gundlupet is โน1,90,294.897.
โธ What is 10 gram gold price in Gundlupet?โผ
โธ Is gold rate same in Gundlupet and other cities?โผ
Largely yes. Gold rates across India broadly follow a single national benchmark (aligned with IBJA's daily published rate). However, minor variations (โน0-50/gram) exist in Gundlupet due to local taxes, transportation cost, octroi, and local jeweller associations' policies.
โธ Where to buy gold in Gundlupet?โผ
You can buy gold in $Gundlupet 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 โโธ What is making charge in Gundlupet jewellers?โผ
Making charges in $Gundlupet 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 โโธ Can I get gold loan in Gundlupet?โผ
Yes. Banks and NBFCs in Gundlupet offer gold loans up to 75% of the gold's value at 7-12% interest rates. 10g of 22K gold (โน1,49,500) can fetch a loan of ~โน1,12,125. Major providers include SBI, Muthoot Finance, and Manappuram.
Compare gold loan options โ SBI Gold Loan โโธ What tax do I pay on gold in Gundlupet?โผ
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 โน10 lakh in cash.
Full gold price GST breakup โโธ Is gold a good investment in Gundlupet?โผ
โธ What is 916 gold in Gundlupet?โผ
โธ How to check gold purity in Gundlupet?โผ
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 โโธ Is gold a good investment in 2026?โผ
โธ Where can I find accurate gold rate in Gundlupet daily?โผ
WealthMinty publishes indicative daily gold rates for Gundlupet, 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 โโธ What is the gold rate trend this month in Gundlupet?โผ
โธ How much gold can I buy for โน1 lakh in Gundlupet?โผ
At today's rate in Gundlupet, โน1,00,000 can buy 6.13 grams of 24K gold or 6.69 grams of 22K gold. For โน50,000, you get 3.06g (24K) or 3.34g (22K). Making charges (3-25%) and 3% GST are extra.
โธ What is the gold rate for 1 gram, 1 pavan (8g) and 10 grams today in Gundlupet?โผ
Today's 22K (916) gold rate in Gundlupet is โน14,950 per gram. So 1 pavan / 1 Tola (เฒคเณเฒฒ, 11.6638g) = โน1,90,294.897 and 10 grams (1 tola) = โน1,49,500. See the weight-by-weight maths in our
1 gram,
1 pavan (8 gram) and
10 gram gold rate guides.
โธ Is the gold rate the same in the morning and evening in Gundlupet?โผ
For the retail rate a jeweller in Gundlupet will quote, yes โ jewellers fix their daily rate once in the morning (around 10:00 AM IST, after IBJA publishes its benchmark) and keep it all day. The MCX futures price ticks through the day, but that only feeds into the next morning's fix. See our
morning vs evening gold rate explainer and
why gold price changes daily.
โธ What is the difference between MCX gold price and the retail rate in Gundlupet?โผ
MCX is the futures price (per 10 grams, ex-duty/ex-GST) at which gold contracts trade on the exchange โ it moves continuously. The retail rate a Gundlupet jeweller charges per gram already bundles in import duty (~15%) + 3% GST + the jeweller's margin, so it is always higher. Read our full
MCX vs retail gold price comparison.
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