Bangalore Gold Rates Continue Rally On April 1st By Surging Rs.63,500/100g in 5 Sessions; Silver Spikes Too

Gold rate today in Bangalore and other cities across India have sustained the rally for the 5th session today amid escalating geopolitical tensions in the Middle East and growing expectations around the US Federal Reserve's interest rate decisions. The market is now hooked to the upcoming address by Donald Trump later today regarding potential de-escalation of the conflict, which has caused major volatility across global markets.

The bullion market, in particular, has seen sharp swings. Spot gold had earlier fallen more than 10% in March alone, while silver fell even more sharply by over 20%, wiping out a major portion of investor wealth during the correction phase.

Gold Rate Today In Bangalore, April 1st

As of today, the 22-carat gold price in Bangalore has risen sharply by Rs.1800 to cost Rs. 1,38,850. While the 24-carat gold rate spiked by Rs.1970 per 10 grams to retail at Rs. 1,51,480. In a similar line, the lower-value variant of gold, 18-carat gold rates in Bangalore jumped by Rs. 1480 to cost Rs.1,13,610.

Just like that, the bulkier quantity of gold, 100 g of 24-carat gold, is priced at Rs., rising by Rs. 8,700, and the 22-carat gold per 100 grams now retails at Rs. 7,28,500 after jumping Rs. 8,000. Similarly, 100 grams of 18-carat gold costs Rs. 59,61,000, which spiked Rs. 6,100.

Day 5 of Gold Price Rally

Gold prices in Bangalore have continued their upward trend for the 5th consecutive session, with the yellow metal surging by Rs. 63,500 per 100 grams of 24-carat gold. This newfound rally is fueled by domestic demand and the escalating geopolitical tensions in the Middle East. The U.S. Dollar Index, on the other hand, has declined 0.25% to 99.71, giving a big boost to the gold rate today.

"Gold prices in the international market saw a notable uptick today, trading at $4713.80 per ounce (approximately Rs. 1,42,042 per 10 grams), reflecting a 1.42% increase, as investors sought refuge amid rising geopolitical tensions, particularly related to the ongoing US-Iran conflict. Silver, on the other hand, experienced a slight dip, currently priced at $74.66 per ounce (around Rs. 2,24,960 per kg), down 0.05%, as market sentiment remained cautious following its significant decline in March. Crude oil prices also climbed, with WTI crude at $102.37 per barrel (approximately Rs. 9,595 per barrel), up 0.98%, driven by ongoing supply concerns and geopolitical uncertainties. The recent volatility in the stock market, coupled with a rebound in gold prices after the worst monthly fall since 2008, has prompted investors to reassess their positions," said Gaurav Garg, research analyst at Lemonn markets desk.

Silver Prices in Bangalore Today

Silver prices in Bangalore today have registered a surge for the third consecutive time. Currently, 1 kg of silver costs around Rs. 2,55,000 after rising by Rs. 5000 per kilogram. Similarly, the price for 100 grams of silver is up by Rs. 500 to cost Rs. 25,500 on Wednesday, April 1st.

Gold And Silver Future Prices On MCX

On the commodities front, gold prices are moving higher while silver is registering a slight decline on the Multi-Commodity Exchange (MCX). Gold futures for June 5, 2026, rose by Rs 1,250, or 0.83%, to trade at Rs 1,52,011 at the time of writing. In contrast, silver futures for May 5, 2026, slipped by Rs 319, or 0.13%, to Rs 2,40,573,due to mild profit booking.

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