Gold rate in Bangalore today
The 24K gold rate in Bangalore today is ₹ 134,242 per 10 grams, ₹ 13,424 per gram and ₹ 156,577 per tola. Rates on this page are recalculated throughout the trading day, so the figure you see is the one in force right now.
For jewellery buyers the more relevant grade is 22 karat, currently ₹ 123,055 per 10 grams. Twenty-one karat, common in Gulf-style designs, is ₹ 117,462, and 18 karat — the standard for diamond and stone settings — is ₹ 100,681. Twenty karat, occasionally quoted for lighter pieces, works out at ₹ 111,868 per 10 grams.
Silver in Bangalore is trading at ₹ 205.75 per 10 grams for 999 fine, or ₹ 6,400 per troy ounce.
The Bangalore gold market
Bangalore's gold market skews further towards organised retail and lighter, contemporary designs than any other south Indian city. The traditional trade sits around Avenue Road and Chickpet, but the volume increasingly sits with national chains serving a salaried buyer base that shops on brand and certification rather than on the tola rate.
Where Bangalore sits against the rest of India
Of the 101 India markets we price, Bangalore is currently the 48th cheapest . It sits ₹ 241 per 10 grams above Mumbai, the national floor. Kottayam, the dearest market, is a further ₹ 174 above here.
That gap is not a markup anyone chose. The metal costs the same everywhere on earth at any given second — what differs is the cost of getting a physical bar onto a counter in Bangalore: freight from the point of import, insurance in transit, security and storage, and how many dealers compete locally. The live national ranking shows every market side by side.
Buying gold in Bangalore
This is one of the easiest Indian markets in which to buy on documentation — hallmarking, HUID and printed making charges are close to universal in the organised segment. The trade-off is price: making charges in the branded segment run materially above the traditional trade for comparable work.
Whatever else you do, get four figures separately before agreeing anything: the metal rate for the exact karat you are buying, the making charge, the wastage percentage, and the tax. With those four, two shops become directly comparable. With a single all-in price, they cannot be — and a shop unwilling to break it down has told you something about the price.
One more local reference point: at current Bangalore rates a gram of 24K gold costs about 65× a gram of 999 silver. Silver rates for Bangalore are published in full.
Before you buy or sell in Bangalore
These cost people more money than the rate itself does, and each is worth two minutes:
- Two words decide the price here. 916 is the hallmark for 22 carat, and a pavan is 8 grams — get both straight before comparing shops.
- Making charges, not the gold rate, are what differ between shops. How they are calculated, and why a low charge with high wastage can cost more than the reverse.
- Check the karat before you check the price. What the stamps guarantee and which tests actually prove anything — the magnet test only works in one direction.
- Understand where the number comes from. The full chain from dollar spot to the board outside your jeweller, with today's live figures at each step.