Bangalore Gold Rate Today Crash: 24K On Track To Dip Below Rs 1.4 Lakh | Final Rate After GST, Making Charges

The price of 24-karat gold in Bangalore is on track to dip below Rs 1.4 lakh per 10 grams due to geopolitical uncertainty, the US Federal Reserve's stance, and crude oil price volatility. Bangalore gold rate today reversed its trajectory and fell on Thursday after seeing minor recovery in the previous session. Meanwhile, situation in the West Asia remains tensed as the crude oil price remained close to $80 per barrel mark.

Bangalore Gold Rate Today

The price of 24 karat gold in Bangalore fell by Rs 28 per gram to Rs 14,329 per gram, as per Goodreturns data at 10:35 am on Thursday, July 16. The price of 22-karat gold in Bangalore declined by Rs 25 per gram to Rs 13,135 per gram. Likewise, the rate of 18-karat gold in Bangalore fell by Rs 20 per gram to Rs 10,747 per gram.

Bangalore Silver Rate Today

The price of silver in Bangalore remained unchanged on Thursday. The silver rate in Bangalore today stood at Rs 235 per gram and Rs 2,35,000 per kilogram on Thursday. Silver price in Bangalore saw range-bound movement over the past few months. However, the precious metal saw a sharp rally in January, followed by a steep correction in February.

Bangalore Gold Rate Today: How Much You Will Have To Pay After GST, Making Charges?

A 24-karat gold article is likely to cost around Rs 1,65,299 per 10 grams in Bangalore on Thursday after including making charges and Goods and Services Tax (GST). As per Goodreturns data, the base value of a 24 karat article (of 10 gram) would be Rs 1,43,290 on Thursday. Buyers would have to pay Rs 17,195 making charge and Rs 4,815 GST. Readers must note that the making charge may vary from article to article and for different jewellery sellers.

International Gold Rate Today

The price of international gold saw a marginal decline on Thursday. As per Trading Economics data, international gold rate today fell towards $4,000 per ounce. The recent dip in international gold prices came as US-Iran tensions intensified the situation in West Asia. The US carried out additional strikes against Iran on Wednesday, however, US President Donald Trump said that Iran has expressed willingness to resume negotiations.

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