Bangalore Gold Price Today Falls Again After Hitting Rs 1 Lakh Mark; Check How Much 24, 22, 18K Gold Costs?

Bangalore Gold Price Today: The price of gold in Bangalore fell for the second consecutive day after touching the record high mark of Rs 1 lakh. The second consecutive fall in gold rates today in Karnataka capital was in synchronisation with dip in gold rates in India on Thursday, April 24.

The decline in Bangalore gold rates today has served as an opportunity for buyers to purchase jewellery, and other ornaments at a comparitively lower rates. There is likely to be a surge in gold buying in the coming weeks due to the celebration of Akshay Tritiya festival.

Bangalore Gold Rate Today

The 24 Karat gold in Bangalore declined by Rs 110 to Rs 98240 per 10 gram, whereas 22 Karat gold in Bangalore is priced at Rs 90050 per 10 gram, which is Rs 100 less than yesterday's gold rates. The price of 18 karat gold, which is also known as 999 gold, has been reduced to Rs 73,680 per 10 grams.

Bangalore Silver Price Today

The price of silver in Bangalore stood at Rs 100.90 per gram and Rs 1,00,900 per kilogram. Demand for silver generally increases whenever there has been a surge in the price of gold. This happens because many gold buyers see silver as an affordable alternative to the yellow metal, especially in terms of ornaments and jewellery.

Bangalore gold and silver prices mentioned here are indicative and doesn't include the additional costs like GST and making charges, hence buyers must always confirm with reliable jewellery shop owners to make an informed decision at the time of purchasing gold.

Gold Rate in India Today

Gold rates in India today cooled down after significantly increasing since the beginning of this week. Gold price in India today stood at Rs 9,824 per gram for 24 karat gold, Rs 9,005 per gram for 22 karat gold and Rs 7,368 per gram for 18 karat gold (also called 999 gold). Gold rally has come in the wake of geopolitical uncertainty and stock market volatility. Many investors in such situation prefer to divert their investment in the yellow metal as it serves as a perfect hedge against inflation.

Gold price has increased by more than 25% since the beginning of 2025. Experts believe that the price of the gold can increase further in the coming months on the backdrop of fears of recession, global economic slowdown and trade conflict.

Gold price in India declined after United States President Donald Trump backed off threats to fire the Federal Reserve chair and US Treasury Secretary Scott Bessent hinted at easing trade tensions, noted Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd on Wednesday highlighting the decline in gold prices after hitting all time high of $3500 on Comex.

"US president also expressed optimism that a trade deal with China could "substantially" reduce tariffs. Meanwhile, Scott Bessent said he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog". President Putin also offered to halt Ukraine invasion as a part of efforts to reach a peace deal with US President Trump. After such a stretch of rally, there is a possibility of some profit booking as well, weighing on prices," he added.