Gold Rate in Bangalore

Bangalore, or Bengaluru as it is now known, has seen an unprecedented surge in Gold Price today. In reality, during the course of the year, there has been a strong demand for gold in Bangalore. Check Today gold rate in Karnataka, including the current gold price in Bangalore, if you're buying the precious metal.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹8,610	₹8,610	₹0
10 Gram	₹86,100	₹86,100	₹0
100 Gram	₹861,000	₹861,000	₹0

18 carat gold price in Bangalore with fluctuations in the last few days, is shown below:

Gold prices in Bangalore continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 24th of February.

 

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹7,745 per gram
• 24-Karat Gold: ₹8,449 per gram

 

Gold Prices on 24th February 2025

• 22-Karat Gold: ₹8,055 per gram
• 24-Karat Gold: ₹8,787 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 20th February 2025:

• 22-Karat Gold: ₹8,070 per gram
• 24-Karat Gold: ₹8,804 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 3rd February 2025:

• 22-Karat Gold: ₹7,705 per gram
• 24-Karat Gold: ₹8,405 per gram

 

Overall Performance

Gold prices in Bangalore saw a gradual increase in February, with a percentage change of 0.69% for both 22-karat and 24-karat gold.

Gold Prices on 1st January 2025

• 22-Karat Gold: ₹7,150 per gram
• 24-Karat Gold: ₹7,800 per gram

 

Gold Prices on 31st January 2025

• 22-Karat Gold: ₹7,730 per gram
• 24-Karat Gold: ₹8,433 per gram

 

Highest Gold Price in January 2025

The highest recorded price of gold during the month was on 31st January 2025:

• 22-Karat Gold: ₹7,730 per gram
• 24-Karat Gold: ₹8,433 per gram

 

Lowest Gold Price in January 2025

The lowest recorded price of gold during the month was on 1st January 2025:

• 22-Karat Gold: ₹7,150 per gram
• 24-Karat Gold: ₹7,800 per gram

 

Overall Performance

The gold prices showed a positive trend throughout the month, with a percentage increase of 2.92% for both 22-karat and 24-karat gold.

Months	Lowest Price 24 Karat Gold - Rs/10 Grams	Highest Price 24 Karat Gold - Rs/10 Grams
January 2025	₹78,000	₹84,430
December 2024	₹77,350	₹78,000
November 2024	₹75,650	₹80,560
October 2024	₹76,910	₹81,330
September 2024	₹72,750	₹ 77,450
August 2024	₹68,780	₹73,680
July 2024	₹ 67,850	₹ 73,880
June 2024	₹ 67,450	₹ 73,580
May 2024	₹ 67,255	₹ 73,330
April 2024	₹ 67,775	₹ 75,400
March 2024	₹ 63,160	₹ 66,270
February 2024	₹ 62,010	₹ 64,120
January 2024	₹ 62,690	₹ 64,090

• This is a frequently asked issue and determining it is quite difficult. For example, you must first research international trends, which have a significant impact on 916 gold rates in Bangalore. Interest rate changes and currency fluctuations of the US dollar against other currencies are two of these international factors.

• 916 gold rates are also known as 22 karat gold in India. They are frequently decided by a variety of criteria, including import tariff rates, among others. When import duties are raised, gold rates rise, and vice versa. As a result, when the government lowers import tariffs, gold prices in Bangalore tend to drop. Apart from local taxes, we'd like to point out that gold rates are influenced by a variety of other factors. It's probable that I won't be able to mention all of them. In general, it is important for investors to remember that when gold prices fall, it is a good time to purchase, and when they rise, it is a good time to sell.

• However, it is easier said than done, and one must first monitor gold prices in Bangalore before purchasing. Gold rates in the city have been extremely erratic, and it's probable that we'll see even more volatility if global policies continue volatile. The only way to profit from the precious metal is to buy on falls. In short, today's 916 gold rates in Bangalore are influenced by a variety of factors, and no single element has a significant impact on pricing. If you still lack knowledge, you can seek professional advice before purchasing the valuable metal.

• Due to a rebound in gold prices in the international market, gold prices in Bangalore have risen dramatically this year. In Bangalore, you may buy gold in a variety of locations. There's the MG Road, which has a variety of jewellery stores.

• Apart from that, Bhima Jewellers and R R Gold Palace are located in Jayanagar. There are several gold shops in the area, notably Jos Alukkas on Dickenson Road. In fact, there are a lot of Tanishq franchises throughout the city.

• You can also purchase gold jewellery online, which may be less expensive than visiting a gold shop. However, you must ensure that the item you are purchasing is of the utmost purity possible to avoid being scammed. Unless you buy hallmarked gold from a reputable jeweller, there is no way to inspect it online.

If you want to invest in gold or even buy it in the city, Bangalore has a plethora of options. Several shops on Dickenson Road are among them. Unlike Mumbai, where the Charni Road has a dense concentration of shops, the shops in Bangalore are more dispersed. If you want to buy gold, there are shops in Jayanagar, Chickpet, and most other parts of the city.

 

The greatest spot to buy the precious metal, on the other hand, would be anywhere you can obtain the best prices. In truth, gold rates will not change; rather, the making costs will alter. If you've been a regular customer with your jeweller, your chances of receiving a reduction on the making expenses are very good. If you want better prices, you must bargain and only bargain.

• It is preferable to have prior understanding of an item before investing money in it. It is preferable to have a very clear understanding while dealing with valuable items such as gold. Because you will be spending a significant amount of money on it. Before buying gold in Bangalore, there are a few things you should look at.

• The purity is the first thing that comes to mind. 22 carat gold jewellery is the most often sold jewellery in Bangalore. So the first thing you should consider is what the gold rate is in Bangalore on that particular day. Because gold rates in Bangalore change every day, it's best to trust on a website like Bajaj Markets, which provides reliable gold rates in Bangalore.

• It's critical to look for the BIS hallmark on any jewellery you buy. If you're buying gold jewellery for the first time, you should be aware that the government of India issues the BIS hallmark, which certifies that the gold is as pure as the karats stated on it.

• For the gold jewellery, there would be something called manufacture and wastage costs. Every jeweller will charge you for this. It is preferable to inquire of the jeweller, albeit you can check it on the bill. The charges for creating or wastage will be the same for any jewellery. Please make sure you know how much the jeweller has charged you before making the payment.

• Because you are making an expensive purchase, you should make certain that the gold jewellery you are purchasing is one-of-a-kind and timeless!

You should consider the quality of gold before purchasing it in Bangalore. While it was possible to be duped into buying gold a few decades ago, this is no longer the case. Before acquiring gold, you may now check for quality.

 

In fact, today's gold is almost entirely hallmarked. One of the benefits of purchasing gold in Bangalore is the availability of well-established businesses. As a result, you don't have to be concerned about quality. You can, however, do your own inspection before purchasing gold. You can do it yourself if you know how to check the purity of gold. An acid test is a type of examination that you can perform.

You should consider making charges in addition to checking gold rates in Bangalore. A making charge is a fee that is added to the price of the jewellery before the final sale price is calculated. The cost of producing an ornament varies based on the sort of jewellery a buyer purchases. It also relies on the level of fine detail required during the jewelry's production. In Bangalore, the costs of creating jewellery vary from one jeweller to the next. It's referred to as "making charges" by certain jewellers in Bangalore, and "wastage charges" by others. If a piece of jewellery is finished by hand, the cost of production will be more than if the piece is finished by machine.

 

The prices of the goods vary from one store to the next, as well as from one city to the next. Tanishq, for example, in Bengaluru, is already imposing levies on jewellery pieces that begin at 8%. Under the Kalyan Priority Plan, Kalyan Jewellers does not charge any making charges. Members of the scheme can take advantage of additional incentives throughout the year, such as zero percent making charges or no wastage charges for gold, uncut, precious, polki, and diamond jewellery. You can alos check the Gold Loan Eligibility to knowmore.

• To begin, examine and compare gold rates in Bangalore. Following that, we recommend that you check for purity and quality. The first step is to seek for the Bureau of Indian Standards' triangular stamp. This is a guarantee that the gold you are purchasing is of high grade.

• Aside from that, if you look closely, you can see the year stamped on the item. This is not a straightforward year, but rather a code established by the Bureau of Indian Standards.

• You will almost certainly be duped if you do not purchase trademarked gold in Bangalore. If you want to buy gold currency, it is recommended that you do so via one of the banks. Some of them have Swiss-made gold coins that are well-sealed.

When buying gold in Bangalore, it is critical to acquire only hallmarked gold. This is because the chances of being misled when purchasing gold are nearly none. The Bureau of Indian Standards, or BIS as it is more often known, is in charge of hallmarking gold in India. So, before you buy hallmarked gold in Bangalore, keep an eye out for a few items, including the BIS insignia. Aside from the BIS mark, the jeweler's name or logo would be displayed. You would also have the gold's manufacturing date. Another crucial point to keep in mind is that you should keep the receipt for the gold you acquire. This can come in handy if you ever want to sell gold jewellery. Actually, selling jewellery is a waste of money because you lose money on making charges. The most common set of gold that you would buy is hallmarked gold with a purity of 916. Gold that has been hallmarked is pure gold with a purity of 22 karats. You can also purchase 22 and 24 carat gold, which is commonly seen as gold bars and gold biscuits.

We recommend investing in tiny amounts of gold if you are wanting to buy gold in Bangalore. This is because it would aid in the averaging of gold prices. Let's look at an example. Let's say you want to buy 2 lakhs worth of gold. Buying in modest amounts makes sense since you can save money if the price drops. Naturally, if gold prices rise, you will lose money. Purchasing 10 grammes of gold at a time would be great. If you're wanting to invest, Gold ETFs are a good choice because they're more liquid and can be traded quickly. Consult your stock broker for advice on how to purchase the gold etd. In fact, the technique is identical to that of purchasing stock. What we recommend is that the current gold prices are quite high. As a result, purchase gold on dips as a strategy.

• You can invest in gold in a variety of ways, including actual gold, ETFs, and gold bonds. If you genuinely want to acquire gold, we strongly advise you to buy gold ETFs, which are traded on Indian stock exchanges. Why do you need to acquire and deal with storage and other issues?

• Apart from storage concerns, there are a lot of reasons why you should invest in Gold ETFs. Because gold ETFs are held in demat form, you don't have to worry about your gold being stolen. In fact, gold ETFs are now the most popular way to invest in gold.

• Another feature of this gold instrument is that it is extremely liquid. So, if you want to sell, you won't have a lot of trouble. There is only one rate, so you don't have to go looking for the best goldsmith to get the best gold prices. Meanwhile you can also check Gold Loan Interest Rates to apply for it.

• Another benefit is that you can give away the gold as per wish and in any location, which is a huge win for you. So, if you're in Bangalore, buy gold ETFs.

The ETF approach is also one of the many ways to buy gold in Bangalore. ETFs that invest in gold are commonly referred to as gold ETFs. They keep watch of gold prices and tend to move in lockstep with them as gold prices rise or fall. A Gold ETF has been launched by the majority of India's largest mutual firms. Because they track gold prices, the majority of these gold ETFs tend to deliver investors similar returns. In reality, buying gold ETFs may be significantly less expensive than buying gold in its physical form, where the buying and selling margins are vastly different. So, if you're looking for a way to buy gold, gold ETFs are one of the greatest possibilities. This is a great option for people looking to make long-term investments in India. However, before investing in this metal, you may require some guidance and knowledge.

If you want to diversify your investments, there is no better way to do it than by purchasing gold. This is arguably the most effective technique you could have, and it should be a long-term plan. Consider what would happen if all of your eggs were placed in one basket. It could result in significant losses in a crisis, so it's a good idea to invest in gold as well. The best approach, in our opinion, is to invest in gold exchange-traded funds (ETFs), of which there are many in Bangalore.

 

Now, one of the reasons we keep harping on the need of buying gold in Bangalore is that gold ETFs are readily available and easy to sell. If you want to purchase ETFs in Bengaluru, you should first speak with your broker, who will guide you through the process. Simply follow the same steps as when you acquire stock. These Gold ETFs would be kept in an electronic format by you. Take them since you can easily sell them when the time comes. It's simple to buy and hold. Remember that gold loans are significantly more expensive than most other types of loans, such as home and vehicle loans, so proceed with caution if you wish to invest in one. Opt for a buy-on-declines strategy. So, for gold fans in Bangalore, buying at a reduced price is a wonderful option.