Bangalore Gold Rate Today Takes Giant Leap! 24K Up Rs 15,800/100 Gm In Single Day Amid US-Venezuela Tensions

Bangalore Gold Rate Today: Gold and silver rate on Monday, January 5, saw a sharp surge amid the ongoing tensions due to the United States air strikes on Venezuela. The prices of gold in Bangalore, aka Bengaluru, and other Indian cities saw a sharp jump on Monday.

The massive jump in Bangalore gold rate today has come after the precious metal saw a sharp price correction in the past two to three days. The sharp revival of gold rate today, has come as a major setback for retail jewellery buyers who were hoping buy gold during the ongoing wedding season.

Bangalore Gold Rate Today

The prce of 24 karat gold in Bangalore jumped by Rs 158 per gram, ie Rs 15800/100 gram on Monday, January 5. With this, the 24 karat gold price in Bangalore surged to Rs 13,740 per gram. The rate of 22 karat gold in Bangalore increased by Rs 145 per gram to Rs 12,595 per gram. Likewise, the price of 18 karat gold in Bangalore soared by Rs 118 per gram to Rs 10,305 per gram.

"Gold is inching up as safe-haven demands increase despite constant uncertainties across global markets. This can be attributed to increased buying sentiments despite periods of consolidation as traders and investors monitor interest rate and currency trends. Although growth is gradual, gold remains supported at higher levels, which is an indication that the outlook for gold is positive in the short run," noted Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.

Bangalore Silver Rate Today

The price of silver in Bangalore also saw a sharp jump on Monday. Bangalore silver rate tody increased to Rs 247 per gram and to Rs 2,47,000 per kilogram. The prices of silver have surged nearly 180% in the year 2025.

"Silver is firming up in line with strength across precious metals and improving industrial demand expectations. The metal is making waves with investors as well as with potential industrial consumers and keeping the outlook positive. Even as it is likely to see some kind of volatility at higher levels, the ability of silver prices to hold on to gains is pointing towards strength," added Kamboj.

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