BIG Fall In Bangalore Gold Rate Today; 24K Falls Rs 12,000 In Single Day; Silver Shines | 12 Feb Rates

Bangalore Gold Rate Today: In a major relief for retail jewellery buyers and investors, the price of 24-karat gold in Bangalore witnessed a sharp decline on Thursday, February 12, while silver rates in the city edged slightly higher. The drop in gold prices mirrors a broader pullback in both domestic and international markets, driven by stronger-than-expected US jobs data that weighed on the precious metal.

Back in Bangalore, aka Bengaluru, the decline in gold rate today is likely to offer a buying opportunity for retail jewellery buyers as well as investors. Here are all the details about the Bangalore gold and silver rates today.

Bangalore Gold Rate Today

The price of 24 karat gold in Bangalore declined by Rs 120 per gram to Rs 15,840 per gram on Thursday, February 12. Hence, the rate of 24 karat gold in Bangalore fell by Rs 12,000 per 100 gram to Rs 1,58,4000 on Thursday. Whereas, the rate of 22 karat gold in Bangalore fell by Rs 110 per gram to Rs 14,520 per gram. The rate of 18 karat gold in Bangalore fell by Rs 90 per gram to Rs 11,880 per gram.

Bangalore Silver Rate Today

The price of silver in Bangalore saw a mild uptick on Thursday. Bangalore silver rate today increased to Rs 295 per gram and to Rs 2,95,000 per kilogram. Silver rate has surged nearl 160% in the year 2026 and has delivered decent returns in January 2026.

"Silver is up from the previous session, ruling in a mildly positive trend after the recent consolidation. The rally indicates fresh buying interest after profit-booking, while the industrial demand outlook continues to support prices. While volatility could persist in the short term, the rebound of silver suggests that underlying strength remains intact. Traders should remain selective and closely watch global cues before initiating fresh positions," noted Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.

The reversal in the gold and silver price trend came as part of a wider sentiment prevailing across the international commodities market. International gold and silver rates saw a strong pullback on Thursday on account of strong US economic data and reduced expectations of a US Federal Reserve rate cut.

International gold rate today fell to around $5,050 per ounce on Thursday, trimming gains from the previous sessions, according to Trading Economics.

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