BIG Fall In Bangalore Gold Rate Today On Gudi Padwa, Ugadi, Chaitra Navratri; Silver Down Too | March 19 Rates

Bangalore Gold Rate Today: The prices of 24 karat, 22 karat, and 18 karat gold in Bengaluru (aka Bangalore) declined sharply on Thursday, March 19. The sharp decline mirrored weaker sentiment prevailing across the domestic and global bullion markets. Bangalore silver rate today also declined on Thursday on the occasion of Ugadi, Gudi Padwa and Navratri.

The sharp decline in gold and silver rates today in Bangalore is likely to bring some relief to the retail jewellery buyers. For those who frequently track Bangalore gold and silver rate, here are latest details about the same.

Bangalore Gold Rate Today

The price of 24 karat gold in Bangalore fell by Rs 278 per gram to Rs 15,464 per gram on Thursday, March 19. The rate of 22 karat gold in Bangalore declined by Rs 255 per gram to Rs 14,175 per gram. Likewise, the rate of 18 karat gold in Bangalore crashed by Rs 209 per gram to Rs 11,598 per gram.

Bangalore Silver Rate Today

The price of silver in Bangalore also declined on Thursday. Silver rate today in Bangalore fell by Rs 5 per gram to Rs 260 per gram. The price of silver per kilogram in Bangalore declined by Rs 5,000 to Rs 2,60,000.

International Gold Rate Today

Gold prices slipped to about $4,750 per ounce on Thursday, marking a seventh straight daily fall and the lowest level in nearly six weeks. The drop came as investors reacted to a hawkish Federal Reserve stance, which reduced the appeal of non-interest-bearing assets.

The Fed left benchmark interest rates unchanged, in line with market forecasts. Officials warned that the economic fallout from the conflict involving Iran remains unclear and repeated that inflation risks are still tilted to the upside, limiting room for near-term monetary easing.

Gold Price Fall Amid Iran-US War in West Asia

The sharp declinein gold and silver rate in Bangalore and across India has come as part of a wider weaker sentiment prevailing across the precious metals market. Unlike the general case where global crises boost gold's safe haven demand, this time crude oil price rall and strengthening of US Dollar has curbed the precious metal's rally.

Additionally, the massive 60% surge in gold prices in the year 2025, and mega rally in January has also limited the scope of another rally in the yellow metal. " The drop in precious metals is largely attributed to rising crude oil prices, which surged to $100.15 per barrel, raising inflation fears and dampening expectations of a rate cut by the U.S. Federal Reserve. Ongoing geopolitical tensions in the Middle East, particularly the conflict involving the U.S. and Iran, have further complicated market sentiments, leading investors to reassess their positions in safe-haven assets," explained Gaurav Garg, Research Analyst at Lemonn Markets Desk