Bangalore Gold Rate Today Skyrockets To New High! Check Latest 22, 24, 18K Gold Price in Karnataka Capital

Bangalore Gold Rate Today: The gold rate for Bangalore surged to an all-time high mark on Monday, April 21. The sudden surge in price of gold in Karnataka's capital aligns with the massive jump in gold price in India today.

The price of the yellow metal has surged more than 25% since the beginning of 2025 amid persistent geopolitical uncertainty, concerns about wider trade conflicts and stock market volatility. If experts are to be believed, the gold price rally is unlikely to cool down in the coming months.

Gold Price in Bangalore Today

The price of gold in Bangalore increased to an all-time high mark on Monday. 22 Karat gold price in Bangalore increased Rs 700 to Rs 90,150 per 10 gram. Likewise, rate of 24 karat gold in Karnata's capital surged Rs 770 to Rs 98350 per 10 gram on Monday. The price of 18 karat gold in the city rose Rs 570 to Rs 73760 per 10 gram.

Bangalore gold price mentioned above are indicative and don't include additional charges added in jewellery and other items like GST making charges, etc. Hence, gold buyers must always calibrate the gold prices after checking with a reliable gold jeweller to make an informed decision at the time of purchase.

Silver Price in Bangalore Today

Silver rate in Bangalore today increased to Rs 101 per gram and to Rs 101000 per kilogram. The price of both the precious metals has increased significantly over the past few months.

Gold Price in India Today

The gold price in India today surged to Rs 9835 per gram for 24 karat gold. Whereas, the price of 22 karat gold stood at Rs 9015 per gram on Monday. 18 karat gold (which is also known as 999 gold) surged to Rs 7376 per gram.

The sharp increase in gold price in India and other cities is likely to dampen the sentiments of gold buyers ahead of Akshaya Tritiya festival, which will fall on April 30. The auspicious festival is associated with the tradition of buying gold and silver items to bring wealth and prosperity. Ahead of the upcoming festival and ongoing wedding season, gold price rally is likely to affect the demand for gold among Indian buyers.

What's Driving Gold Rally?

The gold price rally has come in the backdrop of a decline in the dollar value amid trade war concerns.

"Gold touched a record high as the dollar sank to a three-year low and trade war concerns between the United States and key trading partners stirred recession fears, making investors lean towards the safe-haven asset. The dollar index hit a three-year low, hovering below 99 mark supporting bullion, while US 10Y yield stays firm at 4.3%," said Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd in his daily stock market commentary.

"The demand for physical gold was tepid in India last week as a blistering price rally curbed purchases, while premiums held firm in top consumer China. Focus this week will be on preliminary manufacturing and Services PMI from major economies, IMF meeting, comments from Fed officials and US durables goods orders data," he added.