Kerala Gold Rate & Bangalore Gold Rate Drops today, April 7: Check 24k,22k,18k Gold & Silver Prices

Gold rates today: This week so far has been bearish for gold & silver prices because of two major consecutive drops. The 24 karat gold rate in Bangalore today fell after rallying last week, where the yellow metal added Rs. 26,000 per kg and jumped 192%. Similarly, the gold rate in Kerala today followed the pattern.

"The recent movements in precious metals are largely influenced by rising crude oil prices, which surged 3.02% to $115.81 per barrel (Rs. 10,764), driven by geopolitical tensions, particularly in the Middle East. These factors have created a risk-off sentiment among investors, leading to cautious trading in gold and silver, even as they remain range-bound with a slight upward bias anticipated." said Gaurav Garg, Research Analyst at Lemonn Markets Desk.

Gold Rate in Bangalore Today

On 7th April, 24-carat gold rates in Bangalore today declined by Rs. 820 to cost Rs. 1,49,840. Meanwhile, 22-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 Kerala Today

Similar to Bengaluru, the Kerala Gold Rate today experienced a drop on Tuesday. The 24-carat gold rate in Kerala fell by Rs. 820 per 10 grams to cost Rs. 149,840 per 10 grams, while the 22-carat gold rate slipped by Rs. 750 and now retails at Rs. 1,37,350 per 10 grams.

Silver Prices Today In Bangalore & Kerala

Silver prices in Bangalore today stayed stable at Rs. 2,50.000 per kg for the fifth consecutive day in row. Meanwhile the Silver price in Kerala slipped by Rs. 5000 per kg to cost Rs. 2,55,000.

Gold Future Price On MCX

On the Multi Commodity Exchange (MCX), the gold futures for June 5th, 2026, delivery fell by 0.31%,to Rs. 1,49,510 per 10 grams. Similarly, the silver futures for the May 5th expiry are trading with losses today by 0.69%, at Rs. 2,31,764 per kg.

Spot Gold And Silver Trends

"Gold steadied near $4,650 as escalating Donald Trump threats against Iran outweighed ceasefire hopes, while wardriven inflation risks kept gold about 12% lower and reinforced expectations that the Federal Reserve will hold rates steady. On the technical front, MCX Gold is trading near the 20 DEMA and a falling trendline resistance zone. As long as the commodity trades below this resistance, supply pressure is expected to persist." As per Abhishek M Pelu Research Analyst, Way to Wealth.

"Currently, Intraday support is seen at 147,100-144,200, while resistance is placed at 152,490. The outlook for the day remains cautious. Sustained strength above 154,000 will warrant a review of the current view." the he further added.

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