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  • Gold Rate In Karnataka

    Daily Gold Rates
    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    22 Sep 2017 ₹ 2,778 ₹ 22,224 ₹ 2,970 ₹ 23,760
    21 Sep 2017 ₹ 2,800 ₹ 22,400 ₹ 2,995 ₹ 23,960
    20 Sep 2017 ₹ 2,778 ₹ 22,224 ₹ 2,971 ₹ 23,768
    19 Sep 2017 ₹ 2,810 ₹ 22,480 ₹ 3,005 ₹ 24,040
    18 Sep 2017 ₹ 2,810 ₹ 22,480 ₹ 3,005 ₹ 24,040
    17 Sep 2017 ₹ 2,810 ₹ 22,480 ₹ 3,005 ₹ 24,040
    16 Sep 2017 ₹ 2,810 ₹ 22,480 ₹ 3,005 ₹ 24,040
    15 Sep 2017 ₹ 2,817 ₹ 22,536 ₹ 3,013 ₹ 24,104
    14 Sep 2017 ₹ 2,800 ₹ 22,400 ₹ 2,995 ₹ 23,960
    13 Sep 2017 ₹ 2,814 ₹ 22,512 ₹ 3,010 ₹ 24,080

    *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.

    Gold Rate in Karnataka

    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. Nowhere in the world is gold so highly revered as in the Indian sub-continent. Karnataka has a host of jewelers and gold traders who sell this metal to customers. These could be retail customers or wholesale customers.

    The demand for gold in the state of Karnataka, peaks during the time of weddings and festivals. Some of the most important festivals for buying gold are Diwali, Akshaya Tritya and Dusshera. People in Karnataka are fond of wearing and gifting gold jewelry. Various designs ranging from modern to traditional are being furnished by various jewelers in Karnataka in order to mold this precious metal according to the latest fashion trends. Gold coins and gold bars are considered ideal gifts for gifting to family members.

    Gold Rate Trend in Karnataka for April 2017 to June 2017 (per gram of 24 karat gold)

    Factor April May June
    1st day Rs.2,910 per gram Rs.2,945 per gram Rs.2,920 per gram
    Last day Rs.2,945 per gram Rs.2,918 per gram Rs,2,933 per gram
    Highest price Rs.2,990 per gram on 15 and 16 April Rs.2,945 per gram on 1 May Rs.2,965 per gram on 8 June
    Lowest price Rs.2,905 per gram per gram on 10 April Rs.2,840 per gram from 11-14 May Rs.2,895 per gram on 20 June
    Trend Incline Decline Incline
    Change 1.20% -0.91% 0.44%

    Gold Rate Trend in Karnataka for April 2017

    • In Karnataka, gold prices began at Rs.2,910 per gram when Q2 of 2017 started.
    • Prices fluctuated significantly during the first ten days hitting a high of Rs.2,935 per gram on the 5th, while maintaining a low of Rs.2,910 per gram from the 1st to the 3rd.
    • As demand changed constantly, gold price in Karnataka went up to as much as Rs.2,960 per gram on the 12th- a Rs.45 increase from 13th April’s closing rates.
    • Due to gold prices increasing on a national level, gold rates reached Rs.2,990 per gram on the 15th - which as it turned out - was the highest gold rate for the month.
    • Concerns over US President Donald Trump’s administration seemed to have some implications in the local market as well.
    • When the 19th came to an end, gold prices in Karnataka were recorded at Rs.2,985 per gram.
    • Over the last ten days of April, however, gold prices fell considerably - reaching a 14-day city low of Rs.2,920 per gram on the 26th as investors backed out of any purchases.
    • The last three days saw demand rise slightly, thereby helping gold rates rally to reach Rs.2,930 per gram on the 28th.
    • During the last two days of April, i.e., gold was seen trading at Rs.2,945 per gram, meanwhile recording a Rs.35 increase from the first day’s prices.
    • Overall, gold rate trend increased at a rate of 1.20% in Karnataka.

    Gold Rate Trend in Karnataka for May 2017

    • The month of May saw gold demand take a fall in Karnataka - a firm reflection of a nationwide trend.
    • When trading started on the 1st of May, gold was priced at Rs.2,945 per gram.
    • On 2nd, prices dropped to Rs.2,905 per gram and dropped again to Rs.2,875 per gram on the 5th as dollar value rallied in the US.
    • The next day gold rates fell by Rs.25 per gram to reach Rs.2,850 per gram as demand reached saturation levels given the market performance.
    • By the 11th, gold prices had gone down to Rs.2,840 per gram - the lowest for the month - and remained unchanged till the 14th of May.
    • Prices increased marginally to Rs.2,845 per gram on the 17th before increase by a massive Rs.60 per gram the next day as domestic investors flocked outlets to make purchases.
    • Rates fluctuated during the next 10 days before ending the month at Rs.2,918 per gram as demand dipped after Asian stock prices rose.
    • The month saw gold rate trends change by -0.91% for the month.

    Gold Rate Trend in Karnataka for June 2017

    • The month of June started with gold in Karnataka trading at Rs.2,933 per gram.
    • Trading this month was mostly affected by the performance of the US dollar which had a knock-on effect in India and most of its cities.
    • Prices prices fell mostly over the first few days of the month as the US dollar’s strong performance led to a decrease in domestic demand.
    • Gold rates were recorded at Rs.2,940 per gram on the 9th but gradually dropped down to Rs.2,905 per gram on the 19th.
    • The 20th saw gold rates reach their lowest for the month of Rs.2,895 per gram as demand didn’t pick up.
    • When the month came to an end, gold was trading at Rs.2,920 per gram - a Rs.13 less compared to the rates on the 1st of June.
    • Despite some late flourishes, gold rates fell by 0.44% for the month of June.

    Gold Rate Trend in Karnataka for January 2017 to March 2017 (per gram of 24 karat gold)

    Factor January February March
    1st day Rs.2,820 per gram Rs.2,945 per gram Rs.3,005 per gram
    Last day Rs.2,930 per gram Rs.3,005 per gram Rs.2,900 per gram
    Highest price Rs.2,970 per gram on the 23rd and 24th of January Rs.3,005 per gram on the 27th and 28th of February Rs.3,005 per gram on the 1st of March
    Lowest price Rs.2,820 per gram on the 1st and 2nd of January Rs.2,940 per gram on the 10th of February Rs.2,855 per gram on the 15th of March
    Trend Incline Incline Decline
    Change 3.90% 2.03% -3.49%

    Gold Rate Trend for Karnataka in January 2017

    • On the 1st of the month in Karnataka, the rate of gold was relatively low on account of reduced demand. The rate of gold was Rs.2,820 per gram. This rate was noted the next day as well and was also the lowest at which gold traded for the month in the city.
    • A slight increase in the rate was seen from the 3rd of the month due to heightened demand for this precious metal from jewellers. As a result, gold traded at Rs.2,890 per gram on the 10th of January.
    • From the 12th of the month, the rate of gold at Rs.2,920 per gram. This rate continued until the 15th and can be attributed to the harvest festival of Sankranti. The rate of gold continued to increase as the week progressed.
    • This precious metal traded at Rs.2,970 per gram on the 23rd and the 24th of January and this was the highest at which gold traded at for the entire month. However, this high rate was not sustained and gold rate reduced marginally on account of low demand.
    • On the last day of the month, gold was priced at Rs.2,930 per gram and recorded an incline of 3.90% in the price of gold.

    Gold Rate Trend for Karnataka in February 2017

    • Gold opened the month of February by trading at Rs.2,945 per gram and was also one of the lower rates of gold noted. This was due to reduced demand from investors and jewellers.
    • The rate of gold was steady at Rs.2,945 per gram until the 5th of the month post which the price of this metal increased by Rs.10.
    • Throughout the month of February, a number variations were noted in the rate of gold due to fluctuations in the demand for this metal along with other geopolitical factors.
    • On the 16th, gold traded at Rs.2,970 per gram and increased the next day to trade at Rs.2,980 per gram.
    • As the value of the U.S.Dollar fell, the rate of gold rose to Rs.2,995 per gram. Gold traded at this price from the 24th of February to 26th of February.
    • On the last two days of the month, the rate of gold increased to trade at Rs.3,005 per gram. This was also the highest at which gold traded for the month. A rise of 2.03% was noted in the price of gold in Karnataka.

    Gold Rate Trend for Karnataka in March 2017

    • The trend observed in Karnataka during the month of March was in opposition to the trend witnessed in January and February.
    • This precious metal traded at Rs.3,005 per gram on the 1st, which was a continuation of the rate noted during the end of February. This was also the highest rate at which gold traded at for the month.
    • However, demand from international and domestic markets fell, resulting in a decline in the rate of gold to Rs.2,990 per gram. The rate of gold continued to decline as the month progressed.
    • A number of variations were noted in the rate of gold in Karnataka in March.
    • On the 15th of March, gold traded at its lowest for the month due to U.S. Fed Reserve’s decision regarding the interest rates. The price of gold on this day was Rs.2,855 per gram. However, a marginal recovery was noted over the next few days.
    • On the last day of the month, gold traded at Rs.2,990 per gram recording a decline of 3.49% in the price of this metal in Karnataka.
    Factor October November December
    1st day Rs.3,160 per gram Rs.3,060 per gram Rs.2,905 per gram
    Last day Rs.3,060 per gram Rs.2,930 per gram Rs.2,820 per gram
    Highest price Rs.3,160 per gram on 1st October Rs.3,180 per gram on 9th November Rs.2,905 per gram on 1st December
    Lowest price Rs.3,023 per gram on 17th October Rs.2,905 per gram on 25th November Rs.2,765 per gram on 16th December, 22nd December and 23rd December
    Trend Decline Decline Decline
    Change -3.16% -4.24% -2.92%

    Gold Rate Trend in Karnataka for October 2016

    • Compared to all the other states in the country, Karnataka seemed to have a comparatively good quarter as far as gold prices were concerned.
    • The month of October began with gold trading at Rs.3,160 per gram, which fell to Rs.3,020 per gram by the time 7th approached.
    • On 10th, however, prices picked up to reach Rs.3,030 per gram - an increase of Rs.10 per gram, but again fell to Rs.3,016 per gram on 17th.
    • The last 10 days of October saw considerable fluctuations as prices dwindled quite a lot before ending the month at Rs.3,060 per gram.
    • Gold hit its highest and lowest rates on 1st and 17th respectively which stood at Rs.3,160 per gram and Rs.3,023 per gram.
    • The month saw a decline of 3.16% with regards to gold rates.

    Gold Rate Trend in Karnataka for November 2016

    • While the nation was ravaged by demonetisation, Karnataka seemed to perform slightly better under pressure.
    • November began with gold selling at Rs.3,060 per gram and rose to Rs.3,120 per gram by the time 6th approached.
    • Prices went up significantly to hit the highest rate for the month on 9th, as demonetisation brought about a sudden surge in demand.
    • However, as cash flow issues began gold sales was affected leading to a drop in prices.
    • In fact, gold rates went down by Rs.220 in little over a week to hit Rs.2,960 per gram on 18th.
    • As another week went by, gold prices reached the lowest point for the month at Rs.2,905 per gram on 25th.
    • As Donald Trump’s imminent arrival to the White House became clear, prices rose to Rs.2,930 per gram on 30th, due to volatility in the market.
    • November yet again bore witness to a negative gold rate trend, which stood at 4.24%.

    Gold Rate Trend in Karnataka for December 2016

    • Cash crunch was still a prevalent theme when December began as the amount of physical currency weren’t enough.
    • The month began with gold trading at Rs.2,905 per gram but kept dropping to hit Rs.2,840 per gram by 9th.
    • Prices further dropped to Rs.2,765 per gram as demand for gold seemed to continue on its downward path.
    • Gold rates dwindled despite the fact that Christmas was approaching but picked up during the last week of 2016.
    • At the end of the year, gold prices went up to finish at Rs.2,820 per gram.
    • December too followed to declining trend set by the previous two month of Q4.
    • Gold rate trends in Karnataka changed by -2.92% in December.
    Factor July August September
    1st day Rs.3,130 per gram Rs.3,190 per gram Rs.3,125 per gram
    Last day Rs.3,170 per gram Rs.3,140 per gram Rs.3,160 per gram
    Highest price Rs.3,205 per gram on 7th July Rs.3,225 per gram on 3rd August Rs.3,190 per gram from 25th-29th September
    Lowest price Rs.3,120 per gram on 21st July Rs.3,140 per gram on 31st August Rs.3,115 per gram on 1st September
    Trend Increase in price Decrease in price Increase in price
    Change +1.27% -1.56% +1.12%

    Gold Rate Trend in Karnataka for July 2016

    • The price of gold was Rs.3,130 per gram on 1st July which rose to Rs.3,150 per gram as domestic demand pushed prices higher.
    • Demand continued to be high as markets were recovering from the Brexit vote, with gold trading at Rs.3,205 per gram on 7th July.
    • Prices slowly dropped as domestic demand fell, with gold trading at Rs.3,170 per gram on 11th July.
    • Prices were consistent with minor fluctuations as international cues pointed to recovering markets.
    • Gold traded at Rs.3,120 per gram on 21st July, its lowest rate in July before recovering to close the month at Rs.3,170 per gram, an increase little over 1% from the price at the start of the month.

    Gold Rate Trend in Karnataka for August 2016

    • Gold prices were high at the start of the month, trading at Rs.3,190 per gram and reaching the monthly high of Rs.3,225 per gram on 3rd August due to high demand.
    • Prices slipped to Rs.3,165 per gram on 8th August as demand slowed due to declining orders from jewellers in the domestic market.
    • Gold traded at Rs.3,175 per gram on 15th August as demand picked up, with gold reaching Rs.3,200 per gram on 19th August.
    • Gold prices fell marginally as the last week began, trading at Rs.3,170 per gram on 25th August before falling to a low of Rs.3,140 per gram on 31st August, a decrease of over 1.5% from the rate at the start of the month.

    Gold Rate Trend in Karnataka for September 2016

    • The start of the month saw gold trade at Rs.3,125 per gram, with the price fluctuating to close the first week at Rs.3,140 per gram on 4th September.
    • Prices rose to Rs.3,185 per gram on 7th September as demand from jewellers spiked due to the upcoming festive season, with prices staying high for the rest of the week.
    • High demand on the international market led to prices remaining high, with gold trading at Rs.3,180 per gram on 12th September.
    • Prices stayed constant for the week before rising to Rs.3,190 per gram on 25th September, but dropped to Rs.3,160 per gram on 30th September.
    Factor April May June
    1st day Rs. 2,905 per gram Rs. 3,070 per gram Rs.2,915 per gram
    Last day Rs. 3,070 per gram Rs. 2,895 per gram Rs.3,130 per gram
    Highest price Rs.3,070 per gram on 30th of April Rs. 3,080 per gram on the 7th and 8th of May Rs.3,200 per gram on the 24th of June
    Lowest price Rs. 2,880 per gram on the 4th of April. Rs. 2,960 per gram from the 28th to the 31st of May Rs.2,915 per gram on the 1st of June
    Trend Rising Decline Rising
    Change +5.67% +6.04% +7.37%

    Gold Rate Trend in Karnataka in April 2016

    • Gold traded at Rs. 2,905 per gram on the 1st of April.
    • Gold rate fluctuated a lot in April but still managed to rise to Rs. 3,070 per gram by the end of the month.

    Gold Rate Trend in Karnataka in May 2016

    • Expectations of a rate hike by the U.S. Federal Reserve pushed down gold prices as gold stood at Rs. 3,052 on May 4th.
    • Rising dollar further led to the decline of gold in May as gold traded at Rs. 2,895 on the 31st of May.

    Gold Rate Trend In Karnataka in June 2016

    • Gold traded at Rs.2,915 per gram on the 1st of June.
    • The price of gold managed to increase steadily over the next couple of days as gold hit the highest for the month at Rs.3,200 per gram on the 24th of June.
    • Gold closed the month at Rs.3,130 per gram on the 30th of June.
    Factor January February March
    1st day Rs. 2,540 per gram Rs. 2,708 per gram Rs. 2,975 per gram
    Last day Rs. 2,710 per gram Rs. 2,960 per gram Rs. 2,900 per gram
    Highest price Rs. 2,715 per gram on January 27th and 28th. Rs. 2,975 per gram on February 26th and 27th. Rs. 2,975 per gram from March 1st to 6th.
    Lowest price Rs. 2,540 per gram on January 1st. Rs. 2,708 per gram on February 1st Rs. 2,870 per gram from March 28th.
    Trend Rising Rising Decline
    Change +6.69% +9.30% +2.52%

    Gold Rate Trend in Karnataka in January 2016

    • Gold traded at Rs. 2,540 per gram on the 1st of January.
    • Gold witnessed a steady rise in January and hit its highest for the month at Rs. 2,715 per gram on the 27th and 28th of January.
    • Gold closed the month at Rs. 2,710 per gram.

    Gold Rate Trend in Karnataka in February 2016

    • Gold stood at Rs. 2,708 per gram on the 1st of February.
    • Gold prices increased steadily in the first week of February and hit Rs. 2,815 per gram on the 6th of February.
    • Gold hit its highest for the month on 27th and 28th February at Rs.2,975 per gram.

    Gold Rate Trend in Karnataka in March 2016

    • Gold price increased by Rs.15 from February 29th and held steady at Rs.2,975 per gram.
    • Low demand led to a decline as gold was at its lowest for the month at Rs. 2,870 per gram on 28th of March.

    Details of Gold Price in Karnataka (22 Karat & 24 Karat) - Till August 2015

    Rate at which gold sells in the market changes every day with respect to the movement of the stock market. Also, gold rates differ for different purity of the metal. For example rates for 24 karat gold are different from those of 18 karat gold. Given below is a brief snapshot of the current gold prices in Karnataka.

    • 22 karat gold rate

      22 karat gold is widely used in making jewelry since it is more ductile and malleable as compared to the purest form 24 karat. Since 22 karat gold is just 92% gold and rest other metals, hence, the rate of 22 karat gold is lower than that of 24 karat. Currently 22 k gold in Karnataka costs Rs.2,361 per gram which equals Rs.23,610 per 10 grams and Rs,23,61,000 per Kilogram.

    • 24 karat gold rate

      Gold coins and gold bars are sold by retailers and wholesalers as the purest form of gold. These coins and bars are made up of 24 karat gold which is 99.99% pure. Banks are one of the chief sources of these coins and small bars. Banks offer their customers options to buy gold either online or by visiting any of the bank branches. Since making charges are levied on jewelry fashioned out of gold hence gold bars and coins are the standard form of saving via gold. As of August 2015, 24k gold in Karnataka cost Rs.2,522 per gram which translates to Rs.25,22,000 per kilogram.

    Gold investment avenues in Karnataka

    Gold is bought and sold in Karnataka as jewelry as well as an investment tool. Since gold prices have historically always been on the rise, the metal acts like a hedge for inflation in India. Gold is thus a favorite among households in Karnataka. Some of the most popular ways of obtaining gold are listed below.

    • Retail buying of gold

      Retail buying of gold in Karnataka can be done either via jewelry stores or via banks that offer pure gold coins. Both these methods are available both online as well as offline. Depending upon whether you are buying jewelry or gold coin or bar, the price may differ since the purity of gold may vary. Gold prices in India are in general so closely linked to market forces that they tend to fluctuate on a regular basis. Most customers are quick to buy it when the prices are low and a lot of these customers sell it when the prices soar and thus are able to make substantial profit.

    • Wholesale buying of gold

      Wholesale buying of gold is not permitted by the government except for smaller quantities. Gold trading markets are places where customers and retailers can buy gold in large quantities. Most gold merchants buy their gold for further processing, from these markets. Buying in bulk quantities offers these merchants better rates which they can utilize towards making profits when they sell their finished jewelry products.

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    News About Karnataka Gold Rate

    • Gold prices unchanged as investors look for better stimulus

      Gold rates didn’t see too much of a change based on early trading cues on the 22nd of August. This is because investors are looking towards geopolitical concerns and the upcoming Federal Reserve hearing to determine how they are going to invest.

      While spot gold prices surged by 0.1% to $1,286.01 per ounce, US gold futures set for December delivery remained flat at $1,291.70 per ounce.

      Analysts said that geopolitical concerning the US and Spain led to market fluctuations last week, but investors are cautious as they are expecting some changes in the coming days to find their step.

      22nd August 2017

    • Gold Prices At Four-Week High After Late July Rally

      The price of gold rose to $1,365.09 per ounce in trading on 2nd August, 2016 as the European markets and the Dollar suffered losses.

      Data projecting U.S. economic growth would be around 2% dampened hopes of an interest rate hike by the Federal Reserve, leading to markets slumping.

      U.S. gold futures also rose, trading at $1,372.60 for December delivery, a rise of 1%.

      The concern that a rate hike might not happen as well as that equities could overheat led to investors putting their money on gold, considered the fail-safe asset.

      With gold very susceptible to interest rate changes in the U.S., analysts are keenly watching to see what the outcome of the next few weeks could be.

      The Dollar sunk to the lowest rate in a month, sparking orders for gold as the value increased.

      Continuing the trend, the SPDR Gold Shares fund saw its biggest day of trading in months, with silver rates also rising.

      4th August 2016

    • Gold Prices In London Rise As Dollar Weakens

      The price of spot gold rose by 0.4% to $1,320.46 per ounce and the price of gold futures, to be delivered in August, came up by $1.40 per ounce to rest at $1,320.90. The value of the dollar came down by about 0.25% against a host of currencies. The investors are now waiting for the announcement by the US Federal Reserve about the interest rates. For the moment, the expectation is that the interest rates will remain unchanged. The fed will get into a 2 day meeting today, post which the announcement about the interest rates will be made. Speaking about the commodity markets, Mr. Daniel Smith, Oxford Economics’ director for commodity services said that he estimated that there was a 50% chance that the fed will increase the interest rate once before the end of the year.

      28th July 2016

    • Gold drifts further down to settle at Rs.30,850 / 10 grams

      On Friday, the bullion market recorded a further downward drift of Rs.50 on gold prices, and the price eventually settled down at Rs.30,850 per 10 grams of 99.9% purity gold in Delhi.

      The dip is being attributed to lower demand from jewellers at the spot market (domestic) and a weak trend being tracked overseas.

      Investors are focussed and waiting for the job report to be released containing US jobs data which may or may not raise the price of gold, but will definitely affect it.

      In the global market, Gold in Singapore is presently trading at $1,354.69 / ounce. This is after a drop of 0.4%.

      To summarize, as on 8th July 2016:

      10 grams of gold of 99.5% purity currently trades at Rs.30,700.

      10 grams of gold of 99.9% purity currently trades at Rs.30,850.

      Gold sovereign currently trades at Rs.23,400 (per 8 grams sovereign).

      One kilo of silver ready currently trades at Rs.45,500.

      100 pieces of silver coins currently trades at Rs.73,000 (buying) and Rs.74,000 (selling).

      8th July 2016

    • Easing Brexit Concerns Lead to Decline in Gold Prices

      Gold prices declined to a two-week low prior to the Brexit referendum which was expected to determine Britain’s membership in the European Union. The value of spot gold fell by 0.3% at US$1,261.90 per ounce, making it the lowest recorded price since June 9 when gold was valued at US$1,257.91 per ounce.

      US gold futures declined by 0.5% to us$1,263.10 an ounce. The director of metals trading for Chicago-based High Ridge Futures, David Meger, revealed that the market will remain on hold. Since gold is regarded as a hedge against financial and economic uncertainty, there is expected to be lower demand for safe-haven assets in the near future.

      27th June 2016

    • Gold Posts Highest Price Rise in Years, Records 6% Rise

      Friday (24th June, 2016) saw god jump over 6% to record the biggest price surge in over 3 years as market volatility and a weakening Rupee pushed prices up.

      The price of gold on the Multi Commodity Exchange posted August delivery at Rs. 31,708 for 10 grams. This is the highest price since September 2013.

      As news of the UK’s referendum vote trickled in, investors began to move their money into safe assets like gold. The possibility of the UK leaving the European Union would send markets tumbling across the world, causing instability and repercussions for the foreseeable future.

      24th June 2016

    • Gold to Trade in Range of 30165 to 30875

      According to Achiievers Equity, the range in which gold will trade for the day is 30165 to 30875. Gold prices have seen an increase and recovery from weaker dollar combined with a cautious remark regarding raise of interest rates by U.S Federal Reserve policy member.

      James Bullard, who is the President of St.Louis Fed said that the ‘dot plot’ of the Central Bank regarding projected rate of interest policy seems to be very steep. SPDR Gold Trust Holdings increased by 0.59 percent that amounts to 5.35 tonnes to a 907.88 tonnes from 902.53 tonnes.

      22nd June 2016

    • Gold And Silver Prices Rise For The 6th Day

      The prices of gold in India have been rising for the past 6 days to reach a high of Rs 29,800 for 10 grams. The prices of silver also came up to Rs 41, 260 per kilo, which is an increase of Rs 200. The prices of gold gained about Rs 140 and the prices gained about 0.82% in the global markets. The prices of the 99.9% pure and the 99.5% pure gold were the ones that saw the rise of Rs 140 but gold sovereigns lost about Rs 100 from their price and came down to Rs 23,000 per 8 gram piece. One of the reasons for this gain are international markets that are also climbing in anticipation of the US Federal Reserve interest rate hikes and the speculation over Britain continued participation in the European Union. Another reason for this rise is being named as increased purchases of gold by jewellers.

      16th June 2016

    • Gold Prices Soar to Two-Week Highs Following Delay in Fed Rate Increase

      Monday saw gold prices soar to their highest in almost two weeks. In the earlier session, gold prices recorded their highest one-day gain in almost three months. The value of spot gold hit $1248.40 on Friday last week, making it the highest since the 24th of May. Investors are expected to be on the lookout for signals from Janet Yellen, the chairperson of the Federal Reserve, regarding the US Central Bank’s next hike in rates. Given that the number of jobs in the US has failed to significantly affect the overall economic scenario, a rate hike is said to be imminent.

      7th June 2016

    • Gold Prices to Fall Back due to Low Demand from Asian Customers

      Gold prices are expected to fall back after a 13 month high in March owing to a decrease in demand in Asia. As purchase from key customers in China and India plummeted, the global gold demand fell by 24 per cent year - on - year to 781 tonnes. However, lower prices are expected to attract Asian customers and the demand for gold is expected to improve in the coming times. After this recovery in demand happens, gold prices will resume trading at around $1,300 an ounce towards the end of the year.

      27th April 2016

    • For more related news /update on gold price visit: Gold News

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    Gold Rate In Karnataka Reviews

  • Page 1 of 50 1 2 3 4 5
    • andhra Bank Education Loan
      "Good "
      ANDHRA BANK
      0.5 3.0/5 "Satisfactory"
      I have closed the educational loan with the Andhra bank and their interest rate was around 12.5% . The response is good one with them and their customer service is not really up to the mark. Settlement procedures went in the nominal way.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Kotak Personal Loan
      "Average"
      KOTAK MAHINDRA BANK
      0.5 2.0/5 "Expected more"
      I have already taken the personal loan with the Kotak Mahidnra and the interest rate was very huge like it was around 17%. I would like to say that the customer service is also a kind of okay for me and the response is good one.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Kotak Saving Account
      "Better"
      KOTAK MAHINDRA BANK
      0.5 4.0/5 "Great!"
      I am having the salary account with the Kotak Mahindra bank and am using it from the last five years of time. Response is okay with the Kotak Mahindra bank because their credit process is not really good one with them, also their interest rate is really huge. Net banking and the mobile banking application is working in good way.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Standard Chartered Bank Personal Loan
      "Wonderful"
      STANDARD CHARTERED BANK
      0.5 5.0/5 "Blown Away!"
      I am having the personal loan with the Standard chartered bank and the interest rate is around 11.99% and the loan amount got disbursed within three days of time. Customer service is very good and their response too.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • HDFC Bank Credit Card
      "Average"
      HDFC BANK
      0.5 4.0/5 "Great!"
      I am using HDFC bank credit card from the last four years of time. Response is good one with the HDFC bank credit card and their customer service is also working in good way. Online payment modes are not really quick one. EMI option and balance transfer is not available with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • American Express Credit Card
      "Not satisfied"
      AMERICAN EXPRESS BANKING CORPORATION
      0.5 2.0/5 "Expected more"
      I am having the Amex credit card and am not really satisfied because in most of the places they are not really accepting this credit card. American express credit card options are really lesser one with them to swipe.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • LIC Life Insurance
      "Old passion"
      LIFE INSURANCE CORPORATION OF INDIA
      0.5 2.0/5 "Expected more"
      I am having the life insurance policy with the LIC of India and I dont want to continue with them because the return values are very lesser one while compare with others. Its the quasi government one , so I cant expect much from them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • HDFC Life Life Insurance
      "Satisfied"
      HDFC LIFE
      0.5 4.0/5 "Great!"
      I am having the life insurance policy with the HDFC life and its the term plan. I would like to say that the coverage value is around 75 lakh Rupees and its okay as of now. Response is good one with the HDFC life insurance company.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Bank Bazaar Personal Loan
      "Awesome"
      CITIBANK
      0.5 5.0/5 "Blown Away!"
      Online portal of the Bankbazaar.com is easy to access and I am a very old customer of Bankbazaar.com. I would like to say that the response is always good one with the Bankbazaar.com.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Citibank Personal Loan
      "Very Good"
      CITIBANK
      0.5 5.0/5 "Blown Away!"
      My experience is very good with the CITI bank for the personal loan. The loan amount got disbrsed within five to six days of time. I would like to say that the customer service is okay one for me with the CITI bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Bank Bazaar Personal Loan
      "Nice website"
      ICICI BANK
      0.5 3.0/5 "Satisfactory"
      The service provided by bankbazaar is excellent . In bankbazaar there is many options to compare among other banks. We can choose the best offer with the best interest.The executives are very good and supportive. The website was really helpful and easy to navigate.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • ICICI Bank Personal Loan
      "Best financial service provider"
      ICICI BANK
      0.5 4.0/5 "Great!"
      Through ICICI BANK i have requested for a personal loan.When the executive called me regarding the verification i told him i am not staying in the location which i have provided with. So he told me If there is any change in the given address then they cant provide the loan and close the deal though I have not taken the loan I am still happy with the service as I hold an account with the same bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • HDFC Bank Credit Card
      "Satisfactory"
      HDFC BANK
      0.5 4.0/5 "Great!"
      HDFC Bank has also offered me a credit card and the offers on the card is perfect. When I use the card I get good deals and there are other basic offers. The bank always charges me correctly and nothing more than that. The online banking is good to make payments.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • HDFC Bank Saving Account
      "Very good services"
      HDFC BANK
      0.5 4.0/5 "Great!"
      HDFC Bank is good in the banking services as long as I used them. It is a savings account and the banking process is good. They are transparent in the details and there are no hidden charges taken. The online banking is good and the transactions are perfect.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • ICICI Bank Saving Account
      "Should be Transparent in details"
      ICICI BANK
      0.5 3.0/5 "Satisfactory"
      I am giving ICICI Bank a three stars for the savings account because they get the customer to sign documents at the time of the account opening for example for a demat account and the customer gets to know the same only when he is charged 500 to 600 that year as a fee. There are customers who do not know what is a demat account is. They need to be more transparent in the process.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Bank Bazaar Car Loan
      "Fantastic services"
      AXIS BANK
      0.5 5.0/5 "Blown Away!"
      The process is immediate at Bankbazaar and they immediately contacted me and they informed me about the documentation needed before the executive came over to collect it. The team also informed me which where the banks that suited my profile and they have followed up at every stage of the process. It was clear and a very smooth going. They followed up more than the bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Axis Bank Car Loan
      "High on ROI and charges"
      AXIS BANK
      0.5 3.0/5 "Satisfactory"
      The two major blocks in the process of Axis Bank for the car loan is they were sending the documents to the dealer and I had to follow up with them to send it to me again. The other thing is the interest rate was of 8.5% and after the documents was processed, I happened to check it and I found .25% more. I had to make them change it and it went back to 8.5% finally.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • ICICI Bank Saving Account
      "Good. Can do better"
      ICICI BANK
      0.5 4.0/5 "Great!"
      The savings account is with ICICI Bank and the banking services are good. But overall I would say they is still a scope of improvement. The net banking features are good, the mobile application is also good and user friendly. In all satisfactory.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Bank Bazaar Car Loan
      "Perfect place to take a loan through"
      CAPITAL FIRST
      0.5 5.0/5 "Blown Away!"
      I would give five stars for Bankbazaar as it is a kind of portal where everything is put place and it is pretty transparent. More over when we go through this online channel, the banks that are associated with Bankbazaar are more responsive than when we visit the bank in person.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Capital First Car Loan
      "Services are good and high on ROI"
      CAPITAL FIRST
      0.5 4.0/5 "Great!"
      Capital first is good and the overall experience was on time for the car loan. It was a good process and the documents was collected on time too. The interest rate was on the higher side. I got a rate of around 14% and the processing charges was also high. Else the after loan services was good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
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