Karnataka is not just home to one of the largest gold mines of India, the Kolar Gold Mines, but is also one of the most inclined towards buying and selling of this yellow metal. From centuries gold has been seen as a significant part of all auspicious occasions of the country. Be it festivals or weddings, exchange of gold forms an integral part of the Indian culture.
Gold Rate Trend in Karnataka for January 2018 to March 2018 (per gram of 24 karat gold)
| Factor | January | February | March |
| 1st day | Rs.2,953 per gram | Rs.2,998 per gram | Rs.3,014 per gram |
| Last day | Rs.2,998 per gram | Rs.3,014 per gram | Rs.3,019 per gram |
| Highest price | Rs.3,032 per gram on 25 January | Rs.3,031 per gram on 20 February | Rs.3,045 per gram on 25, 26, 28 and 29 March |
| Lowest price | Rs.2,947 per gram on 4 and 5 January | Rs.2,951 per gram on 8 February | Rs.2,977 per gram on 19 March |
| Trend | Incline | Incline | Incline |
| Change | 1.52% | 0.53% | 0.16% |
Gold Rate Trend in Karnataka for October 2017 to December 2017 (per gram of 24 karat gold)
| Factor | October | November | December |
| 1st day | Rs.2,985 per gram | Rs.2,942 per gram | Rs.2,932 per gram |
| Last day | Rs.2,942 per gram | Rs.2,947 per gram | Rs.2,941 per gram |
| Highest price | Rs.2,995 per gram on 16 October | Rs.2,981 per gram on 20 November | Rs.2,942 per gram from 2 to 4 December and 29 December |
| Lowest price | Rs.2,932 per gram on 27 October | Rs.2,907 per gram on 6 November | Rs.2,859 per gram on 13 December |
| Trend | Decline | Incline | Incline |
| Change | -1.90% | 0.16% | 0.30% |
Gold Rate Trend in Karnataka for October 2017: The final quarter of 2017 began in Karnataka with gold trading at Rs.2,985 per gram. Gold prices would see considerable decline this month owing to poor local cues which was affected by a strong dollar. There were considerable fluctuations to be witnessed during the initial half of the month, with demand remaining uncharacteristically low despite the onset of a major festive season.