Gold Rate in Bangalore Today (Feb 17, 2023): Live Gold Price in Bangalore

Bangalore is a technology hub as we all know, but the city is filled with investors as well who seek for Live Gold Rate in Bangalore Today (Feb 17, 2023).

This article will give you the details of the Gold Price Today in Bangalore and also you can see the Gold Rate in Bangalore Live as the price is updated on a real-time basis on this site.

The article will have price information for both 22 Carat and 24 Carat gold for the city of Bangalore and along with that, you will see the graphical representation of the price of these gold categories.

Also, there will be details of the last fifteen days for both the gold.

In this article, you will also find the details of the last six months for both 24 carats and 22-carat gold.

From the price change to the performance for each month, everything is noted in this article to give you a complete insight into the commodity and its pricing.

Compare Live Gold Rate in Bangalore with other Cities in India

22 Carat Gold Rate in Bangalore Today (Feb 17, 2023)

Also, Check Out the Silver Rate in Bangalore Today

The 22 Carat Gold Rate in Bangalore is given in this section of the article. Per Gram Gold Price in Bangalore Today is given at the top of the table and then the price of the previous day.

Then the change in real terms is mentioned for a better understanding of the change in the price and then the % of change is given as well.

Finally, the table also shows you the performance of the 22 Carat gold at the current time over the last day’s price.

With this table, you can easily gauge the daily price change for the 22 Carat gold in the city of Bangalore.

If you are trying to trade the commodity, then this can turn out to be a great source of information for you.

Live 24 Carat Gold Price in Bangalore Today (Feb 17, 2023)

24 Carat Gold is known as the purest form of gold across the globe and this section of the article will provide you with the details of the 24 Carat Gold Rate in Bengaluru per gram.

As you see in the table above, Pure Gold Price in Bangalore varies every day and thus, the investor needs to understand the change happening daily.

This is why in the table above; we have mentioned the price of the present-day and also the price of the last trading day/session.

It also gives you the change in absolute terms and also in percentage. This helps you understand the performance of the commodity in the market over two days.

Tomorrow Gold Rate Prediction or Forecast in Bangalore

Check out Bangalore Gold Prediction for Tomorrow here –

Check out some amazing Gold Calculators

Gold Price in Bangalore for Last 15 Days

This section has the price of both the gold – 22 and 24 Carat in a chronological manner.

You can see the dates and the Gold Price in Bangalore for both types of gold. Here you will find the price of each of the 15 days.

This data is highly beneficial for the traders and also the short-term investors as they look and analyze data from the past but not of years.

The information is synchronized with present data and thus, everyday it changes with the new price or the present-day price of gold at the top.

Graph of Gold Rate Today in Bengaluru

Whether you are a gold trader or an investor for the long term, the graphical representation of the Gold Rate in Bangalore can surely be of great help to you.

Gold Rate in Bangalore changes every day like in any other cities and the easiest way to take a look at these changes is through a graph.

A graphical representation of the gold prices shows the different prices for different days (for some time) for both the gold – 22 and 24 Carat. You can use the graph for technical analysis as well.

Check out Gold Rates in Nearby Cities

Historical Gold Rate in Bangalore – Past 12 Month

Now, we will be talking about the Gold Rate in Bangalore for the past 12 months. For long-term investors, it is very important to analyze past data.

It gives them an understanding of how the prices are moving and also how they can react and perform in the future.

So, here is the price data for both 22 Carat and 24 Carat gold for the city of Bangalore.

January 2023, Gold Price in Bangalore

The Gold Price in Bangalore per gram for January this year was quite flat and there was hardly any huge spike or dip in the prices. The details are given below –

• As you can see in the table above, the performance of both 22 Ct. and 24 Ct. gold were around 3.75% and 3.76% respectively which suggests that they grew averagely.
• The difference between the highest and the lowest prices of the gold was not very dynamic in the entire month, the price remained nearly from the previous ones.
• The highest and the lowest price for the 22 Ct. gold was Rs. 5315 and Rs. 5050 with a volatility of about Rs. 315.
• For the 24 Carat gold, the highest and lowest price recorded were Rs. 5798 and Rs. 5510 which was more fluctuating then 22 ct.
• The price increased and decreased in the alternative weeks for both the gold types.

Gold Rate in Bangalore for December 2022

It is of no surprise that gold rates keep fluctuating with time and the city of Bengaluru is no exception in this case.

Having had it understood, the question of how to be kept enlightened about this particular clause strikes the mind of our consumers.

• Making it a feasible option, we have come up with differential sectioning of prices and days that makes it all the easier for them to sort and figure out the style of it.
• A table with different subsections containing the most prolific calculations regarding sudden price changes in gold for December in Bengaluru has been put up.
• Highest esteem has been recorded at Rs.5065 for the 22-carat gold category and Rs.5525 for the 24-carat gold category.
• The lowest price in this field has been Rs.4880 and Rs.5323 following one another.
• There’s also an immense percentage twist of 3.79% and 3.79% for both categories, subsequently.

Gold Rate in Bangalore for November 2022

Being a massive business for so many years, we believe in ensuring total resilience for our customers when it comes to collecting new data.

Speaking of that a detailed update has been put up here about the fluctuating price rates that can help you find the right information technology.

• We know what our client base looks out for and we, as a devoted company, know just the right trick to keep them intact.
• There’s a table that, as clearly as plausible, talks about the differing performances of the gold rates, marking a clear 4.29% and 4.31% percent change for both categories respectively.
• One thing to note over here is the fact that the plus sign depicts that the price of gold has gone up enormously.
• The highest price shift was penned down at Rs.4880 and Rs.5323 for gold of 22 and 24 carats, respectively.
• The lowest price shift was a gigantic Rs.4615 and Rs.5034 for the 22-carat gold category and the 24 one, respectively.

Gold Price in Bangalore for October 2022

Here is the data that you need to keep into account regarding the month, and you have this section that provides you with all the information you need.

Gold Price in Bengaluru per gram for the October month is provided in the table and the explanation follows.

• If you got a look at the table then you will find the 22 carat as well as 24 carat gold rate data, and other aspects such as highest lowest price, and more.
• We have figured out the commutation for you, and the percentage change for the month was 0.21% and 0.26%.
• The price change is an indication of how minute the change in the price level was noticed.
• The highest peak in the price level was as much as Rs.4790 and Rs.5225.
• Similarly, the lowest peak in the price level was as much as Rs.4625 and Rs.5045.

September 2022, Gold Price in Bangalore per gram

We further wish to convey to you, the Gold Rate in Bengaluru per gram which was recorded across September, from the year 2021.

All the data is required in case you want to conduct a strategy-oriented investment. The major price intervals have been laid down to you smoothly.

• For your convenience, you can see the 22 carat and 24 carat gold rates are provided individually.
• You need to check the price change to figure how the price of the metal turned out to be. The percentage change as we commuted was 0.32% and 0.33%
• This signifies that the metal has only gotten cheaper; this is because the price of the metal fell.
• We need to see the highest price intervals for both 22 and 24 carat gold categories, which were Rs.4695 and Rs.5120
• For the next thing, you must also check the lowest price intervals which were Rs.4585 and Rs.5002.

August 2022, Gold Rate in Bangalore per gram

We wish to take you through the Gold Rate in Bangalore data, which is from August. The changes have been according to the recent happenings of the month.

You can see the price from both the category gold, i.e. 22 carat and also 24 carat gold.

• 22 Ct Gold was priced at Rs.4715 per gram at the beginning of the month and Rs.4705 per gram by the month-end
• The opening and closing rates for a gram of 24 Ct Gold in Bihar was Rs.5143 and Rs.5132 respectively
• In August 2022, the highest value of 22 Ct Gold was recorded as Rs.4820  per gram and the lowest was Rs.4705 per gram
• The price of one gram of 24 Ct Gold ranged between Rs.5258 and Rs.5132
• This month saw an above-average change in the gold prices and the performance percentages for 22 Ct and 24 Ct Gold were -0.21% respectively.

July 2022, Gold Rate in Bengaluru

You can use the information on the Gold Rate in Bengaluru per gram from this section to sort out an investment strategy.

The data is rightfully the need you have and to help you make the most out of it, we have laid all the major movements in the table.

• You can use the table to know how high the price of the metal went or how low it fell across the entire month.
• Keep a check on the performance level of the commodity, where the percentage has been -1.25% for 22-carat gold and -1.26% for 24-carat gold.
• If you have seen the percentage, they sure represent that a major change happened during the month.
• Next, for the 22-carat gold, data shows the highest price attained was Rs.4810 and the lowest price attained was Rs.4607.
• Taking about the 24-carat gold category, the highest price recorded for this category was Rs.5247 and the lowest was Rs.5010.

June 2022, Gold Price in Bangalore per gram

Here is the data of Gold Price in Bengaluru for the latest month of June, to discover how the price of the metal varied.

Check out the most frequent fluctuations and the happening of the month to figure out how prices unfold on account of several events.

• To ensure the status of price levels, you can check the 22 as well as 24 carat gold rates from the table. It has the data from different frequencies of the month, so you can see the price variations.
• As illustrated in the table above, the highest price level of the metal was Rs.4836 and Rs.5276.
• In the same manner, the lowest price level of the metal was, however, Rs.4665 and 5089.
• The metal’s opening prices for the month were Rs.4750 and Rs.5182.
• Percentage change, on account of all the data provided, was -1.79% and -1.79%.

May 2022, Gold Price in Bangalore

When you are analyzing the Gold Rates in Bangalore for May 2022, you need to check these points which we have mentioned below.

We have tried to make it simpler for you and here are those points along with the table above –

• Gold Rate in Bangalore per Gram is given in the table above for both 22 Carat and 24 Carat of gold. The table shows the price of both the gold at a certain interval which is of one week.
• There is a huge drastic change noticed in both the gold prices during the second week and the fourth week.
• The highest price of 22 Ct. gold was Rs.4839 and the lowest was Rs.4610 and that depicts there was a huge fluctuation in the prices of the 22 Ct. gold for this month.
• The 24 Ct. gold portrayed the highest price of Rs.5279 and the lowest of Rs.5029 which depicts a huge difference in between and that indicates that there was high volatility in the price of this gold for this month.
• The overall performance of the 22 Ct. and 24 Ct. gold was negative at a percentage change of -1.32% and -1.31% respectively.

April 2022, Gold Rates in Bangalore

If you are tracking the Gold Rate Movement in Bangalore, you want to know how it moved in April 2022. Here are all the details for you.

Analysis of Gold Rate in Bengaluru in April 2022

• The Gold Rate in Bangalore per Gram of the commodity is given in the table above as you can see. The prices are given for each of the weeks in this month. You can refer to both the gold price from this table above. The price of both types of gold was pretty stable throughout the month, except the last week’s jump that is given in the table.
• The prices of both the gold falls by almost Rs. 90 and above per gram at the end of the month and that decreased the price of the gold.
• The highest price of 22 Ct. gold achieved in this month was Rs. 4985 while the lowest was Rs. 4780 and the difference between the two is quite huge and that shows the prices were volatile but during the month-end.
• Similarly, for the 24 Ct. gold the price become volatile towards the end of the month as the highest price recorded in this month was Rs.5438 and the lowest was Rs.5214 which is almost a difference of Rs. 224.
• Both the gold performed well owing to the increasing fear and in turn the demand for gold in the market. 24 Carat gold increased by 0.62% and the 22 Carat gold increased by 0.63% which is a huge improvement for both types of this commodity.

March 2022, Gold Rates in Bengaluru per gram

You are on the right page if you are looking for the data about the Gold Price Movement in Bangalore for March.

Here we have enlisted all the important prices that the commodity achieved in this month and also discussed various facts about these prices –

• Gold Price in Bangalore per Gram for the different intervals within March are given in this table. As you can see the prices of both the gold types fluctuated over the month.
• The overall performance of the gold in this month was highly fair as both decreased by around 2.03% and 2.02%.
• The highest and the lowest price for the 22 Ct. gold was recorded as Rs.4980 and Rs.4670 respectively and that suggests that there was quite a good amount of volatility in the gold market.
• It is the same for the 24 ct. gold as well and you can see in the table above that the price fluctuated for this gold as well as marking the highest and the lowest as Rs.5433 and Rs.5095.
• At the beginning of the month, you can notice the rise in the price of both the gold in 2nd week, and then both of them dipped further for the end of the month.

February 2022, Gold Price in Bangalore per gram

The 22 Carat Gold Rate in Bangalore and 24 Carat gold rate is given for February in this table and we have discussed and analyzed the performance in the section below –

• 22 Ct. and 24 ct. Gold Rate in Bangalore per gram is given in the table for each of the weeks starting in February 2022. The prices as given in the table suggest that there was a bit of volatility throughout the month.
• The highest and the lowest price recorded by the 24 Ct. gold was Rs. 5155 and Rs. 4898.
• Similarly, for the 22 Ct. gold the price recorded as the highest and lowest in this month was Rs. 4725 and Rs. 4490.
• The overall performance of the gold this month was a little better than the average and both increased to around 4.68% and 4.70% respectively.
• The price of both types of gold increased gradually for the entire month.

Gold Rate in Bangalore – Trend in 2020

Gold Rate Trend in Bangalore to date for the year 2020 is very much volatile.

As you saw above from January to May, the prices were volatile especially since March when this coronavirus thing started taking a toll on the people, and investors’ anxiousness and fear made the market of this commodity highly volatile.

There have been certain assumptions and anticipation that the price of the gold can rise beyond expectation due to the fear amongst the investors.

Since it is a crisis, gold is becoming the most demanded investment asset at this time and so the price is on the hike.

Gold Rate in Bangalore – Trend in 2019

If you look closely at the Gold Rate Trend 2019 in Bengaluru, you may find the prices flat especially in the starting phase of the year.

But with the changing RBI’s policies and the volatility in the international market, the prices started surging towards the end of the year.

The addition in the gold reserves of RBI also made the prices of the gold surge.

As the supply of the gold dropped, more gold was stocked in the reserve and that made the price of the gold increase in the market due to higher demand than the supply.

Factors Affecting Gold Price Today in Bangalore

Check the various factors affecting Gold Price Today in Bangalore here –

What makes Gold Rates in Bangalore increase?

There are different reasons for the increase in Gold Rate in Bangalore today –

• Inflation is one of the biggest causes of the price increase of gold as a commodity. As the general inflation increase, the price of all commodities in the market increases and so of gold.
• Second is the monetary policy of the government and RBI like in the year 2019. If they change the policies in the favor of the investors who invest in gold or decrease the interest rates, then the investor general gets attracted to invest in gold, and the price increase due to excessive demand.
• Then come the demand and supply of the commodity. Whenever the demand surpasses the supply of the commodity, the price of the commodity will increase.
• Times of uncertainty also add to the price of gold as this is one of the safest investment options during a crisis.

What makes Gold Price in Bangalore decrease?

There are various situations when the Gold Price in Bangalore dips and the reasons are –

• Interest rates increased by the government on financial products like FD, bonds, etc. The price of gold will fall drastically as people will divest in gold to invest in those assets whose interest rates are high.
• If the value of the currency increases or is appreciated against the other currency, the price of gold will fall eventually owing to the decrease in the price of the commodity.
• If the price of the other assets increases like stock market booms, the real estate market is booming, then investors will take interest in those financial assets and leave behind gold which will pull down the price of the gold.

Why do Central Bank Policies impacts Gold Rates in Bangalore?

The Central Bank or RBI’s policies have a great impact on Gold Rate in Bangalore because of various reasons and the most crucial one is the gold reserve.

If the gold reserves of the Central bank change, the price of gold is surely going to get affected.

Gold Rate in Bangalore Today depends on the currency valuation as well in which the monetary plays a huge role along with the gold reserves.

The Currency valuation and gold reserves of RBI are interconnected and so is the price of gold.

Why Gold Price in Bengaluru is different from other cities?

The Gold Price in Bengaluru differ from other cities because the –

• Transportation cost is different from other cities.
• Hauling cost varies from one city to another.
• The Making charges are another one reason which makes a great difference in the price of the gold in two cities.

What is Gold Rate in Bangalore 916 Hallmark gold?

The Gold Rate in Bangalore 916 gold which is the 22 Carat gold is given in the table in this article. The price of 916 Hallmark gold is nothing but the price of 22 Carat gold which is given in the table above.

It is known as 916 hallmark gold because the 22 Carat gold has 91.6% of pure gold in the alloy from which it is formed.

Gold, itself cannot take a shape or have tensile strength, like other metals it also needs a different combination of metal to make it strongest in the form so that it stays for lifelong.

Hallmark is the metric of purity for gold.

How much is the Tax Levy on Gold Rate in Bangalore?

Tax on Gold Rate in Bangalore is similar to the GST charges mentioned by the Central for gold and they are –

• You need to pay a 5% GST on the making charges of the gold.
• If you buy gold in raw form or as a commodity then you have to pay 3%.

Why do people in Bangalore buy and sell gold coins?

Possessing gold coins in Bangalore to buy and sell is a great exercise to make extra money. The reason behind this is that gold has always been a good investment until you invest wisely.

Once the currency value starts weakening, the gold price increases. Therefore, before buying gold coins, research their current price before selling and buying any gold coin.

There are many places in Bangalore where you can buy or sell gold coins; always trust the certified brands and stores; it will help you invest at the right place.

Problems of investing in gold in Bangalore?

Investing in gold in Bangalore can lead to some problems, and they are:

First, gold is treated as an asset and does not generate regular income. On the other hand, investing in mutual funds, stocks, and real estate can bring rent and dividends to your pockets.

The International market situation always influences Indian gold prices. So if there is any movement, it will seriously impact the Indian continent.

And the price of dollars here plays an important role in deciding the gold price.

22 carat or 24 carat: Which to buy in Bangalore?

If you are looking for investment, buying a 24k gold coin or bar is the best choice.

And the 22K gold coin or bar will never get you the same value as the 24K gold coin or bar because the latter is 99.99% gold.

On the other hand, if you are shopping for gold jewelry, 22K can be your ideal choice because it is more suitable for wear and tear and can be shaped as desired.

It will depend upon the kind of requirement one has. If he/she is looking for investment, then the option is 24K, and if they are looking for jewelry, they can go for 22K.

Gold schemes in Bangalore

All local stores offer their gold schemes in Bangalore city. The outcome for almost all of them is the same.

The schemes like Tanishq golden harvest, Prince jewel Plus, Bhim gold tree purchase plan, etc. allow the user to invest for a certain period, and then he/she can avail discount options at the end while purchasing ornaments from the same store.

The offer documents having the details of the gold scheme have to be read cautiously as missing any installments can have serious repercussions on the investment.

Importing Gold into Bangalore

Although the Indian continent is a significant market globally for gold business, to meet domestic demands, India has to look for gold imports as they can fulfill it via their production.

However, as per the numbers, India stands second in importing gold globally, just after China.

India imports gold and is governed by the RBI (Reserve Bank of India). Amid pandemic, India has been importing precious metals ranging from $35 Billion to $25 Billion.

Bangalore is one metropolitan city with high consumption of gold in the festival season. The metal is imported into the city as per the guidelines and import duties of the Indian government.

Where to buy gold in Bangalore?

Being a metro city, Bangalore hosts many gold jewelry stores. Some of them are listed below:

Vishwas Jewels: Founded in 1986, the company is known for its amazing client service. Their excellent designs and customer-centric approach have made them the best for everyone in the city.

Ganjam: The gold jewelry store is known for creating jewelry that can blend modernity and traditional essence. Ganjam showcases temple jewelry and modern gold jewelry for the people visiting the store.

Shubh Jewellers: One of the trusted and oldest names in Karnataka. They have been working in the jewelry sector for many decades and have served generations of many families in the state.

Gold Rate in Bangalore – Conclusion

Gold is one of the most appreciated metals for jewelry making across the world but in this country, it is regarded as a symbol of your wealth and prosperity.

When it comes to the city of south India, then gold is the most cherished asset they possess. So, you can check and invest after a thorough analysis of the commodity’s price in the city.

So, we hope after reading this article you have a clear idea of the Gold Rate in Bangalore.

You can check Today’s Gold Rate in Bangalore and come back to this site every day to get daily updates about the gold prices in the city of Bangalore.

The prices are updated on a real-time basis and you can get the latest updates that will help you in your investment and trading purpose.

FAQs on Live Gold Rate in Bangalore

Check out FAQs on Gold Price Today in Bangalore here –

How to check Today’s Gold Rate in Bangalore?

Providing live data is our priority, and to provide you with the same, we have dedicated the top sections for the present day’s price.

The first section is of 22 carat gold, while the second section is of 24 carat gold. They both have the present rates mentioned.

Where to Find Gold Rate in Bangalore?

This is the exact place you need to be if you wish t find the Gold Rate in Bangalore.

This article ensures to provide the end-to-end details on the Gold Rate, specific to the city Bangalore. You can check the various time intervals and the data about the same.

Is this Live Gold Price in Bangalore?

Yes, the stats you see in the top part of the article are the live prices of both the 22 as well as 24 carat gold.

We have deployed two different sections for both of them and update the prices regularly.

Can I find last month’s Gold Price here?

Yes, you can take the help of this article to locate the gold prices from the last month.

You can check the same most seamlessly, via the section of – Gold rate from the past 6 months.

You must find the section which has the details of the month you are looking for.

Where to find 22 Ct Gold Rate in Bangalore?

It is probably the most seamless manner to check the 22 carat gold rate information. If you see the tables and chart, you will see the special mention of this category gold.

Also, for the present rate, we have incorporated an individual table for the 22 carat category.

Is the Gold Rate in Bangalore Update?

Yes, the entire article is filled with a lot of data, and all the same is updated.

As far as the present-day prices are of concern, the article is updated daily and we include all the latest prices or figures into the article. Refer to the tables for the same.

Will I find Gold Rate Forecast here?

On the contrary, we provide you with the end to end data, which comes in handy while carrying the process of technical analysis.

If you want data in regards to the historical values of the metal, we have it all, and it is about both categories.

Can I use Gold Investment Calculator?

Of course, the gold investment calculator is for anyone who needs help regarding their gold investment plans.

With the city or state, Carat gold invested amount, and time of investment data, you can see how much wealth you created via the investment or how much of wealth you lost in the process.

Can I calculate Bangalore Gold Price in Tola?

Yes, there is an easy way out for the commutation, which is via our Gold Rate Calculator. You will find the link in this article that will redirect you to the destination page.

On the other note, Tola price commutation is not the only data it provides. There are a bunch of units you can check using the calculator.

What is 24 Carat Gold in Bangalore?

Price relating to the 24 carat gold has already been covered in this article. As you can see that 24 carat gold is generally expensive in context with comparison to 22 carat gold.

The reason for the variation is that 22 carat gold contains fillers, whereas the 24 carat gold is in its finest state.

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