BIG Jump In Bangalore Gold Rate Today, 24K Skyrockets Above Rs 1.5 Lakh Mark, Silver Stable | April 3 Rates

Bangalore Gold Rate Today: The price of 24 karat, 22 karat, and 18 karat gold in Bangalore saw a sharp jump on Friday, April 4. Reversal in gold price in Karnataka capital helped the precious metal to reverse the previous day's losses. Meanwhile, the silver rate today in Bangalore remained stable. Friday morning's surge was in contrast with decline in international gold prices.

House to lakhs of techies, startup founders and company executives, Bangalore's gold rates are closely tracked by lakhs of people who carry interest in gold and silver investment and purchase of jewellery. Here are latest gold and silver rate in Bangalore.

Bangalore Gold Rate Today

The price of 24 karat gold in Bangalore increased by Rs 196 per gram to Rs 15,093 per gram on Friday, April 3. The rate of 22 karat gold in Bangalore jumped by Rs 180 per gram to Rs 13,835 per gram. Likewise, the rate of 18 karat gold rate in Bangalore rallied by Rs 147 per gram to Rs 11,320 per gram.

Bangalore Silver Rate Today

The price of silver in Bangalore remained stable on Friday, April 3. Silver rate today in Karnataka capital stood at Rs 250 per gram and Rs 2,50,000 per kilogram. Silver is often seen as a more affordable alternative to gold for jewellery buyers. However, the metal has a far more diverse role, it is not only a safe-haven asset but also a critical industrial commodity.

"The current volatility in the silver market is attracting physical buying in India, which is a positive sign. Investors should not invest in the silver market through lump-sum investments. Instead, they should adopt a staggered investment strategy. In the near term, this volatility may make consumers cautious, but it is also likely to encourage opportunistic buying at lower price levels," explained Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.

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