Live Gold Prices in Bangalore – August 9, 2025
| Purity | Price per Gram (INR) | Price per 10 Grams (INR) |
|---|---|---|
| 22K | ₹9,405 | ₹94,050 |
| 24K | ₹10,175 | ₹101,750 |
Gold Price Trend in Bangalore – Last 7 Days
| Date | 22K Price/g | 24K Price/g |
|---|---|---|
| Today | ₹9,405 | ₹9,875 |
| Yesterday | ₹9,265 | ₹9,728 |
| 2 Days Ago | ₹9,285 | ₹9,770 |
| 3 Days Ago | ₹9,240 | ₹9,716 |
| 4 Days Ago | ₹9,232 | ₹9,812 |
| 5 Days Ago | ₹9,176 | ₹9,776 |
| 6 Days Ago | ₹9,176 | ₹9,776 |
Introduction
Bangalore, known as India’s Silicon Valley, has a vibrant gold market influenced by a blend of traditional jewellery demand and investment purchases. Whether you’re buying wedding jewellery or investing in bullion, knowing the live gold rate for 22K and 24K per gram is essential for making informed decisions.
Factors Affecting Gold Prices in Bangalore
- Global market movements: Price shifts on LBMA and COMEX reflect on domestic rates.
- Currency rate fluctuations: A stronger USD often leads to higher imported gold costs.
- Local purchase spikes: Festivals like Ugadi, Navratri and wedding seasons amplify demand.
- Regional duty variance: Karnataka state taxes and transport logistics can slightly affect rates.
22K vs 24K Gold – Which to Choose?
22K gold (91.6% purity) is favored for jewellery in Bangalore thanks to its durability. Meanwhile, 24K (99.9% purity) is commonly preferred for investment or gifting during traditional ceremonies.
Best Time to Buy Gold in Bangalore
- Compare jewellers during festival offers but verify making charges and hallmarking.
- Track international price dips post‑global corrections or rupee strength.
- If buying jewellery, consider weekday buys when rates are sometimes lower.
Top Gold Markets in Bangalore
- Commercial Street & Chickpet: Famous for a wide range of affordable and traditional jewellery stores.
- Brigade Road & MG Road: Home to branded showrooms like Tanishq, GRT, and Malabar Gold.
- Jayanagar & Koramangala: Trusted neighbourhood jewellers with localized service.
Investment Alternatives Beyond Physical Gold
- Gold ETFs: Easily tradeable with high liquidity and low management fees.
- Sovereign Gold Bonds: Government-backed instruments offering periodic interest.
- Digital gold: Ideal for fractional ownership, stored securely, no physical handling needed.
Frequently Asked Questions (FAQ)
- Q: Is GST included in quoted rate?
A: No, 3% GST and making charges are added separately. - Q: Which areas offer best rates?
A: Markets like Commercial Street, Chickpet, and branded stores on MG Road and Brigade Road offer trusted deals. - Q: Is purity labelled as 916/999?
A: Yes, 916 denotes 22K and 999 denotes 24K; always insist on BIS hallmark.
Bangalore-Specific Buying Tips
- Check for 916 mark (for 22K) or 999 stamp (for 24K) on jewellery.
- Ask for detailed making charges, which can vary significantly.
- Compare rates across two or more jewellers before finalizing.
- Prefer certified stores and avoid vendors without proper documentation.
Understanding Gold Price Labels in Karnataka
Retail gold in Bangalore typically carries purity labels like “916” for 22K and “999” for 24K. These standards ensure quality and compliance under BIS regulations.
Conclusion
Gold rates in Bangalore are influenced by a mix of global economic conditions and local demand dynamics. Being aware of daily 22K and 24K updates, tracking trends, comparing jewellers, and paying attention to hallmark certification can help you buy smarter or invest more wisely. Bookmark this page and return daily for accurate rates and trusted advice.