Bangalore Gold Rate — All Weights
24K today · Excludes GST & making charges
| Weight | 24K Rate | Change |
|---|
Bangalore vs Other Cities
22K gold per 10 grams
| City | 22K / 10g | vs Bangalore |
|---|---|---|
| Chennai | ₹138,290 | ▲ ₹1,640 |
| Mumbai | ₹136,650 | — |
| Delhi | ₹136,650 | — |
| Bangalore You are here | ₹136,650 | — |
| Hyderabad | ₹136,710 | ▲ ₹60 |
| Kolkata | ₹136,650 | — |
| Kochi | ₹138,420 | ▲ ₹1,770 |
| Pune | ₹136,650 | — |
| Ahmedabad | ₹136,650 | — |
| Jaipur | ₹136,650 | — |
Frequently Asked Questions
Gold Rate in Bangalore Today — Everything You Need to Know
The gold rate in Bangalore today is updated twice daily from the IBJA (IBJA) benchmark. Bangalore, located in Karnataka, is one of India's most active gold markets with strong buying activity across all seasons. Whether you are buying gold jewellery, investing in gold coins, or simply tracking prices before a purchase, BullionRush.in gives you the most up-to-date Bangalore gold rate across all karats — 24K (99.9% pure), 22K (91.6% pure) and 18K (75% pure).
Why is Bangalore's Gold Rate What It Is?
Bangalore tracks the national IBJA rate closely. As India's tech capital with a large affluent population, gold demand in Bangalore is consistently high — particularly during the city's large number of IT-sector weddings. The Karnataka Jewellers Association monitors local rates. Gold in Bangalore is primarily sold at large organised retail chains, keeping pricing transparent.
How to Buy Gold in Bangalore — Tips & Advice
Commercial Street, Chickpet and Residency Road are Bangalore's primary gold jewellery hubs. Large chains like Tanishq, Malabar Gold, and Joyalukkas operate extensively in Bangalore with competitive making charges. Always verify BIS hallmarking (916 for 22K). Making charges in Bangalore typically range 10-14% for standard gold jewellery.
Bangalore Gold Market — Local Context
Bangalore's gold market has shifted significantly toward organised retail over the past decade, driven by the city's tech-savvy, brand-conscious consumer base. This has improved transparency — most large jewellers display making charges and metal value separately. The Karnataka Gold and Diamond Merchants Association oversees industry standards in the city.
Understanding the Bangalore Gold Rate
The gold price in Bangalore (like all Indian cities) is influenced by three primary factors:
- International spot price: The LBMA London gold fix sets the global benchmark in USD per troy ounce. This is the starting point for all Indian gold prices.
- USD/INR exchange rate: As India imports almost all its gold, the rupee-dollar rate directly impacts how much you pay. A weaker rupee means higher gold prices in India.
- Import duty + local levies: India charges 15% import duty and 5% AIDC on gold imports. Combined with state VAT and the IBJA association premium, this produces the Bangalore retail gold rate you see on this page.
22K vs 24K Gold — Which Should You Buy in Bangalore?
24K gold (99.9% pure) is the purest form and ideal for investment — gold coins, bars and ETFs. It is too soft for everyday jewellery. Most banks and mints sell 24K gold coins. The price shown per gram for 24K is the true "metal value" with no alloy discount.
22K gold (91.6% pure) is what most Indian jewellery is made from. The 8.4% alloy (usually silver and copper) makes it durable enough for daily wear. When you buy a necklace or bangles in Bangalore, it is almost certainly 22K. The 22K rate per 10 grams is the number most Bangalore jewellery buyers track.
18K gold (75% pure) is used primarily for diamond-set jewellery and other gem-set pieces. Its lower gold content makes it more affordable and the alloy base holds gemstones better.
Gold Calculator for Bangalore — How to Use It
The gold calculator on this page helps you estimate the total cost of buying gold jewellery in Bangalore. Here's how to use it:
- Enter the weight in grams (ask your jeweller for the piece weight before purchase)
- Select the purity — 22K for standard jewellery, 24K for coins/bars
- Enter making charges (typically 10–14% for Bangalore jewellers)
- The calculator adds 3% GST and shows the total estimated cost
Note: The actual price may vary slightly as jewellers may round differently and some charge wastage separately.
Sovereign Gold Bonds (SGB) — A Tax-Smart Alternative
If you are buying gold for investment purposes in Bangalore, Sovereign Gold Bonds issued by the RBI offer a compelling alternative to physical gold. SGBs pay 2.5% annual interest (which physical gold does not), and capital gains are completely tax-exempt if held to maturity (8 years). The issue price is typically set at a small discount to the IBJA rate. SGBs are available through banks, post offices, and online via NSE/BSE during RBI issue windows.