Today's Gold Rate in Bangalore Last Updated : 07 Dec 2022

Bangalore is the capital of Indian state of Karnataka. It is the third populous city of India and a major IT hub. The city is famous for the pleasant climate that stays throughout the year. The people of Bangalore invest in gold by purchasing gold jewelry and gold bars.

  • Today's Gold Rate in Bangalore (07 Dec 2022)

    ₹ 5,045
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Bangalore (Today & Yesterday)

    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,045 ₹ 5,075 ₹ -30 ↓
    Standard Gold (22 K) (8 grams) ₹ 40,360 ₹ 40,600 ₹ -240 ↓
    Pure Gold (24 K) (1 gram) ₹ 5,297 ₹ 5,329 ₹ -32 ↓
    Pure Gold (24 K) (8 grams) ₹ 42,376 ₹ 42,632 ₹ -256 ↓

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    06 Dec 2022 ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    05 Dec 2022 ₹ 5,075 ₹ 40,600 ₹ 5,329 ₹ 42,632
    04 Dec 2022 ₹ 5,060 ₹ 40,480 ₹ 5,313 ₹ 42,504
    03 Dec 2022 ₹ 5,060 ₹ 40,480 ₹ 5,313 ₹ 42,504
    02 Dec 2022 ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    01 Dec 2022 ₹ 4,990 ₹ 39,920 ₹ 5,240 ₹ 41,920
    30 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    29 Nov 2022 ₹ 4,960 ₹ 39,680 ₹ 5,208 ₹ 41,664
    28 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752
    27 Nov 2022 ₹ 4,970 ₹ 39,760 ₹ 5,219 ₹ 41,752

    Weekly & Monthly Graph of Gold Rate in Bangalore (1 gram)

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    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Today's Gold Price in Bangalore

    Gold is also traded as a commodity in exchanges such as Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange (NCDEX) and National Spot Exchange (NSEL). The contracts are available both as spot contracts where gold can be bought and delivered right away, and futures contracts wherein gold is bought and sold at a later date.

    Indians have a longer history of banking on gold than banks. As a result, gold serves as an investment portfolio for Bangalore residents seeking reliable and long-term returns from the metal. In Bangalore, there are numerous large and small gold dealers who specialise in precious metals and constitute the backbone of the local gold sector. And also check for Gold rate today

    Historical Gold Price in Bangalore

    Months Lowest Price 24 Carat Gold – ₹ Per 10 Grams Highest Price 24 Carat Gold – ₹ Per 10 Grams
    November 2022 50,210 51,860
    October 2022 50,205 51,960
    September 2022 50,315 52,860
    August 2022 50,200 52,700
    July 2022 50,220 52,860
    June 2022 50,720 52,960
    May 2022 50,290 52,790
    April 2022 47,800 52,140
    March 2022 50,950 54,330
    February 2022 48,980 51,550
    January 2022 48,350 49,820

    November 2022 Gold Rate in Bangalore

    Parameter Gold price (24 karat)
    November 1 Rate Rs.5,003 per gram
    November 30 Rate Rs.5,219 per gram
    Highest Rate in November Rs.5,287 per gram on 17 November
    Lowest Rate in November Rs.5,003 per gram on 1 November
    Overall Performance Incline

    October 2022 Gold Rate in Bangalore

    Parameter Gold price (24 karat)
    October 1 Rate Rs.4,998 per gram
    October 31 Rate Rs.5,014 per gram
    Highest Rate in October Rs.5,066 per gram on 27 and 28 October
    Lowest Rate in October Rs.5,014 per gram on 31 October
    Overall Performance Decline

    September 2022 Gold Rate in Bangalore

    Parameter Gold price (24 karat)
    September 1 Rate Rs.4,993 per gram
    September 30 Rate Rs.4,940 per gram
    Highest Rate in September Rs.4,993 per gram on 23 September
    Lowest Rate in September Rs.4,925 per gram on 21 September
    Overall Performance Incline

    August 2022 Gold Rate in Bangalore

    Parameter Gold price (24 karat)
    August 1 Rate Rs.5,056 per gram
    August 31 Rate Rs.5,160 per gram
    Highest Rate in August Rs.5,124 per gram on 5 August
    Lowest Rate in August Rs.5,056 per gram on 1 August
    Overall Performance Incline

    Investing in Gold in Bangalore

    Gold investments can be done in various forms, from buying jewelry from the local store, to investing in the gold markets without actually holding any physical gold. Major avenues for investment in gold are:

    Jewelry and ornaments - Gold jewelries are purchased during occasions such as marriages, festivals such as Diwali and a few other points of time in the year. However, the market gold rate in Bangalore is meant for pure metal and not works done on it. As such gold jewelries cost include both gold rate and workmanship. When reselling the ornaments, the consumers may not get the same value as he paid to buy them.

    Gold bullions - These represent bulk gold that can be purchased as ingots or bars. Gold bars are generally available at the market Gold rate today in Bangalore. These bars can be purchased from any bullion dealer in the city and represent good value on the investment as returns are close to actual investment. Gold bullions are available in larger quantities like kilograms.

    Gold coins - Gold coins are available in various purities in the city. The coins can be purchased from private dealers or banks. The coins are usually marked by the selling entity and are sold at slightly higher prices than the actual gold rate today in Bangalore.

    Where to buy Gold in Bangalore from?

    There are many gold dealers in the city including jewelers, bullion dealers, banks, private sellers and others. Some of the major gold dealers in the city include Bhima Jewellers, Shubh Jewellers, Malabar Gold, Jos Alukkas, GRT Jewellers, P.C. Chandra Jewellers, Khazana Jewellers, Abharan Jewellers, Tanishq and lots more. These dealers sell a variety of gold items including jewelry, coins and custom products, among others. Jewelers and private retailer also accept buy backs from individual customers. Banks will sell coins, bars and other items but buy back option is generally not available.

    Also Check Gold Price in Metro Cities

    FAQs on Gold Rate in Bangalore

    1. Where can I get the best quality gold in Bangalore?

      You can purchase the best quality gold in the top retail gold stores in the city. Apart from this, you can also purchase gold at almost all jewellery stores in Bangalore.

    2. Will the gold price in Bangalore keep changing?

      Yes, the gold price keeps changing due to various factors which include the value of the rupee against the U.S. dollar, the price of crude oil, the trend of the equities market, etc.

    3. What international factors affect the gold rate today in Bangalore?

      Many international factors affect the gold rate in Bangalore since the domestic market of the metal is directly affected by the international bullion market. Crude oil prices, the value of international currencies, etc. Play a major role in the silver prices in India and Bangalore.

    4. Which composition of gold is more durable, 22 karat or 24 karat Gold in Bangalore?

      As 22 karat gold has other metals blended, it is considered more durable than 24 karat gold.

    5. Will the gold price decrease in 2022 in Bangalore?

      Given the volatility in the market, the price of gold may or may not decrease in 2021 as there are many factors which affect the price of the yellow metal in Bangalore and in India.

    News About Bangalore Gold Rate

    • Gold rates increased in 6 December 2022

      In 6 December 2022, the prices of the precious yellow metal have increased in various metro cities. In Delhi, the price of 22 karat gold is Rs. 49,750 per ten grams. In Chennai, 22 karat gold is traded at a price of Rs.50,450 per ten grams. Gold prices in Mumbai and Kolkata is Rs.49,600 per ten grams.

      7 December 2022

    • The price of gold dipped by Rs.100 on 30 November

      Gold rates reduced by Rs.100 in Delhi. Currently, in Delhi the price of ten grams of 22 karat gold is Rs.48,610, whereas ten grams of 24 karat gold is traded at Rs.53,040. In Kolkata and Delhi, ten grams of 22 karat gold is priced at Rs. 48,610 and Rs.48460, respectively.

      1 December 2022

    • Gold prices on 29 November

      On Tuesday, the price of gold increased by Rs.174 and the precious yellow metal is selling at Rs.52,347 per 10 gram.

      30 November 2022

    • Gold prices rebounds after a month

      Following a trigger for profit-taking in the US dollar, gold prices sharply recovered after hitting one-month lows on Thursday. The spot gold price closed Friday at $1,680 per ounce, while the gold future contract for the month of December 2022 on the MCX ended at Rs.50,880 per ten-gram levels. As the dollar index fell from about 113 levels to below the 111 mark, gold prices have recovered.

      09 November 2022

    • Gold Prices on 3 November 2022

      On 3 November 2022, gold prices increased dramatically in Hyderabad, Bangalore, Kerala, and Visakhapatnam. In Bangalore, 10 grams of 22-carat gold now cost Rs.46,850 after a Rs.300 price rise, whilst 10 grams of 24-carat gold now cost Rs.51,110 after a Rs.330 price increase. The cost of 10 grams of 22-carat gold in Hyderabad has climbed by Rs.300 to Rs.46,850, and the cost of 10 grams of 24-carat gold has grown by Rs.310 to Rs.51,110.

      04 November 2022

    • Gold price sells at Rs.51,000

      The cost of gold in India remained unchanged, with 10 grams of 24-karat gold retailing for Rs. 51,000 in cities like Mumbai and Kolkata, Rs. 51,160 in New Delhi, and Rs. 51,330 in Chennai.

      01 November 2022

    • Gold rates show no change in prices today on 28 October

      The gold rates record no change in prices today, 28 October. In Delhi and Chennai, 24-carat gold prices remain stable after a jump of Rs.100 and Rs.200, respectively. The cost of 10 grams of 24-carat gold in Chennai and Delhi is Rs.51,780 and Rs.51,530, respectively. In Kolkata and Mumbai, the price of 24-carat gold for the same quantity is Rs.51,280.

      29 October 2022

    • Gold prices remain steady on 24 October

      The price of 24 karat gold remains steady at Rs.51,290 per 10 gram on 24 October. The precious yellow metal is being sold at Rs.47,010 per 10 gram of 22 karat gold in Kolkata and Mumbai. In Chennai, 10 gram of 22 karat gold is sold at Rs.47,410. Gold is priced at Rs.47,150 per 10 gram of 22 karat gold in Delhi, Lucknow, and Jaipur.

      25 October 2022

    • Gold is priced at Rs.50,640 for 10 grams (24-carat) in Bangalore

      In Bangalore, the prices of 22 carat gold on 19 October 2022 are Rs.46,420 and the prices of 22 carat gold is Rs.50,640. When compared to the previous session, gold prices have slashed by Rs.40 in Bangalore. The price of 10 grams of 22-carat gold in Hyderabad are Rs.46,420 with a reduction of Rs.40 as compared to previous rates while the price of 24-carat gold in Hyderabad is Rs.50,640 with a reduction of Rs.40 as compared to the previous rates.

      20 September 2022

    • Prices of gold dropped by over Rs.500 today on 10 October

      Gold rates dropped by Rs.500 today on 10 October, as the price of precious metal went down in the international market. The MCX gold rate for December futures was Rs.51,418 per 10 grams, which dropped by 1.00% in the current financial year. The spot gold rate went down by 0.1% and stands at $1,693.19 per ounce.

      11 October 2022

    • Price of Gold on 4 October 2022

      The cost of 10 grams of 24-carat gold has increased by Rs.380 in Bangalore. Hyderabad's gold rates have increased by 380 rupees to Rs.51,110 for 10 kilos of 24-carat gold. The cost of gold in Kerala is Rs.51,110 for 10 grams of 24-carat gold. The cost of 10 grams of 24-karat gold has increased by Rs.390 in Delhi. For 10 grams of 24 carat gold, the going rate in Chennai is Rs.51,330 (up Rs.170).

      5 October 2022

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