Bangalore: Gold prices in Bangalore witnessed a minor decline today, with rates for different purities showing a marginal dip compared to the previous day. The price of 24K gold stands at ₹12,300 per gram, marking a decrease of ₹28, while 22K gold is priced at ₹11,275 per gram, down by ₹25. The rate of 18K gold has also dropped by ₹21, retailing at ₹9,225 per gram.

Daily price movement

According to market reports, the fall in prices comes after slight fluctuations in international markets and minor corrections in the domestic trading session. The 24K gold, considered the purest form of the metal, saw its rate drop from ₹12,328 per gram yesterday. Similarly, 22K gold fell from ₹11,300, and 18K gold slipped from ₹9,246. The variation, though small, reflects the volatility seen in precious metal markets at both global and local levels.

Gold trends in November 2025

Throughout November 2025, gold rates in Bangalore have remained stable, showing limited fluctuations. The highest and lowest prices for both 22K and 24K gold this month have hovered around the same mark of ₹11,275 and ₹12,300 respectively, indicating a largely steady performance. This stability is attributed to balanced global demand and a lack of major geopolitical or economic shocks influencing bullion prices.

Despite today’s dip, analysts note that such small movements are routine and often result from daily adjustments in international gold spot prices, foreign exchange rates, and import costs. In particular, the rupee’s mild appreciation against the US dollar has contributed to the marginal price correction observed across India.

Factors influencing today’s gold rates

Gold prices are influenced by a mix of global economic indicators, inflation trends, and investor sentiment. Experts point out that any changes in the US Federal Reserve’s interest rate policy, inflation data, or international tensions can immediately impact bullion prices worldwide.

Domestically, factors such as import duties, GST, and local festive demand also play a vital role in determining daily rates. With Diwali and wedding season purchases largely completed, demand in local markets like Bangalore has moderated slightly, leading to softer prices this week.

Price comparison across India

Bangalore’s gold rates today are broadly in line with national averages. In Chennai, Coimbatore, and Madurai, 24K gold is trading at around ₹12,338 per gram, slightly higher due to local making charges. In Delhi and Mumbai, the price stands close to ₹12,300 per gram, with a marginal ₹25–₹30 variation. Regional differences are common and usually arise from transport costs, local taxes, and jewellers’ margins.

Understanding purity and use

The 24K gold rate applies mainly to coins and bars, given its purity and softness. 22K gold, being more durable, remains the preferred choice for jewellery. On the other hand, 18K gold, alloyed with other metals for strength and shine, is popular in designer and studded ornaments. Investors often diversify across these categories depending on their needs—whether for adornment or investment purposes.

Gold as an investment option

While traditional jewellery continues to hold sentimental and cultural value, modern investors increasingly explore sovereign gold bonds (SGBs), gold ETFs, and digital gold as alternative avenues. These options track daily gold prices and provide a more secure and flexible method of investing in the metal without physical storage concerns.

Financial experts recommend monitoring gold prices closely, as even small daily movements can influence long-term investment returns. With global uncertainty still affecting commodity markets, gold remains a safe-haven asset, particularly attractive for hedging against inflation and currency fluctuations.

Outlook for November

Market analysts expect gold prices in Bangalore to remain range-bound through the first half of November, with minor daily variations. Any significant movement will likely depend on international market cues and currency fluctuations. The current stability in rates may encourage short-term buyers and investors looking to accumulate gold before the next potential upswing.

Residents are advised to track daily updates from reliable sources like the Times of India for real-time changes in gold, silver, and platinum rates. Regular monitoring helps buyers make more informed decisions, whether for jewellery purchases or investment planning.