Today’s Gold Rate in Mysore

Like other parts of the country, the city of Mysore also presents Gold as a profitable investment option for the people of Mysore. Needless to say, people consider this yellow metal to be one of the most sought after wealth option for themselves. As such, Gold is bought in various forms for Investment purpose

Jewellery: Gold jewellery and ornaments form a major component of the overall demand of this yellow metal in the city of Mysore. Call it a culture or tradition, people from Mysore consider this as one of the safest and profitable investment option. The demand of jewellery and ornaments in Mysore triggers an overall demand of Gold in Karnataka

Coins: The demand of Gold coins has relatively fallen in lieu of robust stock market recently as per the latest reports. But the historic trend in Mysore has always seen huge demand for gold in the forms of Gold Coins and Gold Bars. It is important to note here that any purchase of gold coins or bars should only be done by recognized and genuine retailers.

Souvenirs: Many  people even consider buying expensive souvenirs made up of gold, silver or other precious metals. Most of these souvenirs are used to be presented to close friends and family members during festive and wedding seasons.

Although there are several retailers and jewellers available in the open market who are selling different varieties of gold, but it is important that one should buy gold from genuine and certified retailers. Only those retailers that are BIS certified should be considered while making a purchase decision. BIS certification is necessary to ensure the purest and genuine quality of gold. Alternatively, Hallmark gold is considered to be pure and genuine gold. Any retailer who is BIS certified and sells hallmark quality of gold becomes an obvious choice for purchase. Some of the well-known and famous jewellers in Mysore are:

• Shankara Chetty and sons
• Akshay Jewels
• Abhushan Gold Palace
• Arihant Jewels
• Salam and Sons
• Ashish Jewellers
• BKL Sons
• Bharat Jewellery halls

Various famous jewellers are located at Ashoka Road and K T Street among others