Gold Rates Today in Banaglore Crash After Rs. 20000 Surge But Gold Rate In Chennai Climbs; Check Feb 11 Prices

Gold rates today: This week has been largely volatile for gold & silver prices because of major upward & downward swings. The gold rate in Bangalore today fell after rallying for two days, starting where the yellow metal added Rs. 20,000 per kg. Meanwhile, the gold rate in Chennai today extended gains after yesterday's decline.

The 24-carat gold rates in India and other major cities are now very close to Rs. 1.6 lakh per 10 grams after today's rise in prices. Silver, on the other hand, is trading in a cautious way after the major 30% crash seen lately.

Gold Rate in Bangalore Today

On 11th February, 22-carat gold rates in Bangalore today declined by Rs. 250 to cost Rs. 1,45,300. Meanwhile, 24-carat gold now retails for Rs. 1,58,510 per 10 grams, which dropped by Rs. 250. Just like that, 18-carat gold rates in Bangalore also fell by Rs. 250 to retail at Rs. 1,18,890 per 10 grams.

Gold Prices in Chennai Today

In contrast to Bengaluru, the gold rate in Chennai today experienced a jump on Wednesday. The 24-carat gold rate in Chennai jumped by Rs. 220 per 10 grams to cost Rs. 159,280 per 10 grams, while the 22-carat gold rate in Chennai jumped by Rs. 200 and now retails at Rs. 1,46,000 per 10 grams.

Gold Future Price On MCX

On the Multi Commodity Exchange (MCX), the gold futures for April 4th, 2026, delivery are extending gains of 0.83%, at Rs. 1,58,100 per 10 grams. Similarly, the silver futures for the March 5th expiry are surging today by 2.68%, trading at Rs. 2,59,325 per kg.

Spot Gold And Silver Trends In The Market

"Gold rose above $5,070/oz, nearing a two-week high, as softer US data bolstered Fed rate-cut expectations, while sustained central-bank buying and persistent US-Iran tensions supported safe-haven demand. On the technical front, MCX Gold was negative in yesterday's session and is currently trading near its first immediate resistance zone. Yesterday, it formed an inverted hammer candlestick pattern. However, despite the negative price action, the broader trend remains positive," as per an analyst from Way to Wealth.

"We continue to hold a cautiously bullish outlook on MCX Gold, and buying is recommended near support levels to maintain a favourable risk-reward setup. Immediate support is placed at 154,200- 151,500, while resistance is seen at 160,755-163,200." the report further added.

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