Bangalore Gold Price Today Rises Again! What’s the Rate for 24K, 22K & 18K Gold in Karnataka Capital?

Bangalore Gold Price Today: Cheer among gold buyers over declining gold prices was short-lived as the rate of 24, 22, 18 karat gold in Bangalore rose again on Monday, May 5. With this, the yellow metal price has rebounded to May 1 levels.

Bangalore Gold price today, May5, increased in synchronisation with the rise of gold rates in India. The price of gold in India today increased after a major selloff in the commodity due to decline in its price over the past 4-5 days.

Bangalore Gold Price Today

Bangalore gold price today increased amid the ongoing wedding season, when there has been a massive increase in demand for gold jewellery and other items. 24 karat gold rate in Bangalore increased by Rs 220 per 10 gram to Rs 95730 per 10 gram. Likewise, 22 karat gold price in Bangalore increased by Rs 200 to Rs 87750 per 10 grae. 18 karat gold rate today in Karnataka capital surged over Rs 160 to Rs 71800.

Gold price reached its record mark of Rs 1 lakh per 10 gram on April 22. However, a day after Akshaya Tritiya, gold rates declined over Rs 2,000 per 10 gram on May 1.

Bangalore Silver Rate Today Defies Trend!

While there was a nominal increase in gold price in Bangalore, silver defied the trend as its price fell marginally on Monday. Bangalore silver rate today declined marginally and stood at Rs 97,000 per kilogram and Rs 97 per gram. The price of gold and silver has increased significantly over the past few months.

Gold Price in India Today

Gold price in India today has increased significantly. The price of 24 karat gold in India stood at Rs 9573 per gram, whereas the price of 22 karat gold stood at Rs 8,775 per gram, and the price of 18 karat gold increased to Rs 7180 per gram. There has been a significant increase in gold price in India over the past few months.

Gold prices mentioned here are indicative and doesn't include additional charges like GST or making charges. Hence, buyers are advised to always check the gold price from a reliable jewellery shop owner before buying jewellery or ornament.

Since the beginning of the year 2025, the gold price in India has increased by more than 25%. Silver price in India has also increased significantly over the past few months. Rising gold price in India has come in the backdrop of increased geopolitical uncertainty and stock market volatility over the past few months since the massive shift in US trade policies after Donald Trump's return as US President.

Amid speculation about tariff conflict post US tariffs announcements by Donald Trump in April, global stock markets went haywire including Indian stock markets like BSE and NSE. US-China trade conflict added fuel to the fire and raised concerns about global economy and sparked fear of economic slowdown and recession. During such situation, gold emerges as a safe haven for market investors. Additionally it acts as a hedge against inflation and is relatively stable compared to equities.