Gold Rate in Bangalore Surge After Trump's New Tariff Threat; 24 K/100 Gm Gold Up Rs 4,400, Silver Stable

Gold rate in Bangalore today: Gold prices in Bangalore, also called Bengaluru, advanced on Thursday as jewellers continued buying the precious metal ahead of the wedding season. Bangalore gold price rise mirrored the surge in its price across India amid heightened tensions after the recent tariff announcement by US President Donald Trump.

Donald Trump on Tuesday announced 25% tariffs on auto parts and car makers outside America. Though there is no direct impact of the US trade tariffs on gold prices, but the announcement is likely to boost gold's safe-haven rally as a ripple effect of the economic uncertainty due to Trump's policies.

Gold Price in Bangalore Today

The rate of gold in Bangalore witnessed a decent surge on Thursday, March 27. The price of 24 karat gold/per 100 gram surged nearly Rs 4400 to Rs 8,98,400. Whereas the 22-karat gold witnessed a price rise of Rs 4000 to Rs 823500 per 100 gram. Additionally, 18 karat gold, also known as 999 gold, was sold for Rs 673800 (per 100 gram). Silver rate in Bangalore remained stable at Rs 102 per gram and Rs ₹1,02,000 per kilogram.

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Gold demand in Bangalore surged over the past few days, especially because of heightened interest among people for buying. For those who are planning to buy gold jewellery in Bangalore today or any other day, it is always better to check its rate in the city. It is also better to buy gold jewellery or other ornaments from reliable shopkeepers who sell these items with the BIS Hallmark.

Gold price in India today

Gold price in India advanced on Thursday, March 27. The 24-karat gold rate in India surged by Rs. 440 per 10 grams to retail at Rs. 89,840. The 22-karat gold price was up Rs 400 to Rs. 82,350 per 10 grams. The 18-karat gold rate in India spiked by Rs. 330 per 10 grams to retail at Rs. 67,380.

The surge in bullion came against the backdrop of heightened geopolitical tensions and investors' apprehensions as Trump tariff deadline of 2 April approaches closer. The gold price witnessed a slight decline last week, however, its rates rebounded sharply driven by renewed bullish momentum.

Will gold rally sustain in FY26?

The international gold price has surged significantly since January. According to Trading Economics, international gold price advanced towards $3,030 per ounce on Thursday to create a fresh record.

"As we enter the fiscal year 2026 (FY26), we anticipate continued growth in gold prices on the back of several factors - the likelihood of further rate cuts by the US Fed, geopolitical tensions, and Trump's tariff threats. These factors combined will drive gold prices upwards. However, a few potential challenges like strengthening the U.S. dollar and shifting investor preferences towards other asset classes may deter gold's performance in FY26." said Colin Shah, MD, Kama Jewelry

According to Colin Shah, gold price rally is driven by falling interest rates, geopolitical tensions, and other decisions like interest rate cuts by the US Federal Reserve. In India, the Reserve Bank of India also expanded its gold reserves by purchasing 32.63 tonnes of gold in the first half of FY25. This increased its total reserves to 854.73 tonnes.