The city’s strong affinity for gold remains unchanged even as prices continue to fluctuate in line with global indicators and local demand. With a tech-driven population that invests actively in bullion and jewellery, Bengaluru’s gold market has seen steady movement this week across 18 carat, 22 carat and 24 carat segments.
Current gold prices for 18K, 22K and 24K
As per the latest rate sheet, 24K gold, the purest form used mainly for investment, is priced at ₹1,23,760 for 10 grams.
22K gold, preferred for jewellery due to its 91.6% purity, stands at ₹1,13,450 for 10 grams.
Prices for both categories remained unchanged from the previous day, reflecting a stable trend.
Detailed rate comparison for 22K gold
The prevailing 22K rate per gram is ₹11,345, with no change since yesterday. The price remains consistent across quantities, with 100 grams costing ₹11,34,500.
The overall stability indicates a pause after small fluctuations seen earlier in the month.
24K gold price movement
The 24K rate is ₹12,376 per gram, also unchanged from the previous day. For 100 grams, the cost stands at ₹12,37,600.
This segment continues to be favoured by investors tracking global gold performance, especially amid geopolitical and economic developments.
Recent trends and averages
A 10-day comparison shows the 22K average at ₹1,15,253, while 24K averages ₹1,25,725.
Over longer periods, prices have shown a rising trajectory:
– 2-year average: 22K at ₹77,180; 24K at ₹84,193
– 1-year average: 22K at ₹89,385; 24K at ₹97,512
The data reflects a steady upward movement driven by global uncertainty and increased retail demand.
Last 10 days: fluctuation patterns
Gold prices saw notable swings between 10–19 November, with several days witnessing declines of more than ₹1,000 for both 22K and 24K per 10 grams.
The biggest dip was recorded on 16 November, while 14 November saw the highest rates of the month.
Monthly trend analysis
Across major months of 2025, the movement has remained largely upward except May:
- November 2025:
– 22K ranged between ₹1,11,460 and ₹1,18,020
– 24K ranged between ₹1,21,590 and ₹1,28,740
– Overall trend: Rising (0.30%) - October 2025:
– Strong month with over 3.5% rise in both 22K and 24K - September 2025:
– 10.93% jump, one of the sharpest increases of the year - August & July 2025:
– Moderate rises at 4.9% and 3.3% respectively - May 2025:
– Only month showing a fall (-0.59%), influenced by global corrections - April to January 2025:
– Continuous monthly growth showing strong investor appetite
Why Bengaluru gold prices move this way
Experts attribute the city’s price behaviour to:
– International gold futures and USD trends
– Festive and wedding-season demand
– Investments by the city’s tech workforce
– Import duties and rupee-dollar fluctuations
Conclusion
With rates currently stable, Bengaluru buyers may find this a favourable time to plan jewellery purchases or monitor investment opportunities. However, given the broader rising trend visible throughout 2025, further price increases cannot be ruled out.