Bengaluru Gold Rate Today(11-06-2026): 22K Gold Falls Below 1.4 Lakhs; Is This The Right Time To Buy?

Gold prices in Bengaluru continued their second straight day of decline on Thursday, June 11, as the demand for gold fell across India.

The top reason behind this sell off is the impact of global bullion markets, easing geopolitical tensions, and growing expectations of tighter US monetary policy.

Gold rate

For buyers and investors in the city, the drop brings 22-karat gold to its most affordable level in several months.

Bengaluru Gold Rate Today

The 24K gold rate stood at Rs.14,886 per gram or Rs.1,48,860 per 10 grams, while 22K gold was priced at Rs.13,645 per gram or Rs.1,36,450 per 10 grams. The 18K gold rate was recorded at Rs.11,164 per gram or Rs.1,11,640 per 10 grams.

Gold has seen a massive decline over the past two days, with 24K gold falling by Rs.7,520 per 10 grams, 22K gold dropping by Rs.6,900, and 18K gold losing Rs.4,930.

This marks the second straight session of decline, with gold now trading more than 15% below its March 2026 peak levels - a significant correction by any measure.

Silver Prices In Bengaluru Steady

The 1 kilogram silver rate in Bengaluru observed no movement today after dropping by Rs. 10,000 yesterday and is currently standing at yesterday's pricing of 2,50,000. Similarly, the price for 100 grams of silver also remained steady at Rs. 25,000.

Gold And Silver Future Price On MCX

On the Multi Commodity Exchange (MCX), the gold futures for August 5th delivery are trading up higher by 0.01%, or Rs. 13, at Rs.1,48,030 per 10 grams. Likewise, the silver futures for the July 3rd expiry are also trading in green, up by 0.35%, trading at Rs.2,36,329 per Kg.

Why Is Gold Price Falling?

The drop in Bengaluru gold rates mirrors weakness in both Indian cities and global markets. Spot gold on international exchanges slipped to around $4,100 an ounce as traders booked profits, while a firmer dollar continued to pressure prices amid expectations around the US Federal Reserve's next policy move. CME FedWatch data showed market pricing in a high probability of a Fed decision later this month, which has weighed on gold sentiment.

Should Bengaluru Buyers Buy Gold Now?

The two-day correction has made gold noticeably cheaper for retail buyers particularly those planning purchases ahead of the festive and wedding season.

For long-term investors and jewellery buyers with near-term occasions, the current price dip may offer a reasonable entry point.

Brokerage firm Nirmal Bang expects gold prices to remain under pressure in the near term and has recommended a sell-on-rise strategy.
According to its latest report, traders can consider selling gold around the Rs.1,48,500 level with a stop loss at Rs.1,50,000.

The brokerage believes the recent weakness in bullion may continue, with gold prices potentially declining further towards the Rs.1,46,000-Rs.1,44,500 range.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.

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