Gold & Silver Rates in Mandya Today (20 Feb 2026)

Gold Investing in Mandya: Navigating the Sugar City's Bullion Market

Mandya, famously known as the 'Sugar City' of Karnataka, boasts a gold market that is as robust as its agricultural heritage. In this region, gold isn't just an ornament; it is a vital pillar of financial security for the local farming community and urban professionals alike. Today, the 22K gold rate in Mandya is positioned at ₹14,319 per gram. For many families in Ashok Nagar and Subash Nagar, tracking these daily shifts is essential, especially given the weekly price movement between a high of ₹14,464 and a strategic support level of ₹14,139.

The market in 2026 has seen a significant rise in the popularity of 18K gold. Today, the 18K gold price in Mandya stands at ₹11,715 per gram. This 75% purity segment has become the go-to for the younger demographic and professionals working near V.V. Road, who prefer lightweight, contemporary designs over traditional heavy sets. Meanwhile, for those focused on pure investment, the 24K gold rate today is ₹15,619 per gram. Whether you are visiting the heritage shops in Pete Beedi or the modern showrooms near Mahaveer Circle, these rates provide the baseline for all bullion transactions in the district.

Commercial Landmarks: From Pete Beedi to M.C. Road Showrooms

The geography of Mandya's jewelry trade offers a blend of old-world charm and modern retail. Pete Beedi (Bazaar Street) remains the traditional heart of the trade, where legacy goldsmiths have served generations of residents from nearby Srirangapatna and Maddur. However, the commercial landscape has expanded significantly toward M.C. Road and B.M. Road, where national brands offer standardized pricing and hallmarking facilities. This shift ensures that even during the peak Suggi Habba festivities, buyers can access competitive rates that align with the monthly peak of ₹16,399.

As we look at the market today, transparency is the primary driver for consumers. The mandatory HUID (Hallmark Unique Identification) has empowered buyers near Cauvery Park to verify the authenticity of their purchases instantly. With the current annual floor price established at ₹7,752 per gram, the Mandya market remains a resilient environment for wealth creation. Whether you are looking for a bridal set or a simple gold coin, understanding the local price nuances across Mandya's bustling neighborhoods is the first step toward a smart investment.