Bangalore Gold Rate Today On Fire! 22K Above Rs 1 Lakh, 24K Jumps Rs 10,000 Beyond Historic Levels On Sept 9

Bangalore Gold Rate Today: Shattering all hopes and expectations of retail jewellery buyers, gold prices today in Bangalore surged to a record high mark. The price of gold and silver breached the historic levels of Rs 1 lakh after a record surge on Tuesday, September 9.

A range of factors, including weak Indian currency performance, rising geopolitical uncertainty, trade tensions, etc have fuelled the gold's safe haven rally. Expectations of US Fed rate cuts have further boosted the gold price rally over the past few days. Back in Bangalore, the unimaginable rally in gold price has come as a major dampener amid the ongoing festive season.

Bangalore Gold Rate Today

The price of 24 karat gold in Bangalore witnessed a sharp increase of Rs 136 to Rs 11,029 gram. With this, the price of 24 karat gold rate in Bangalore stood at Rs 1,10,290 per 10 gram. Likewise, the price of 22 karat gold in Bangalore surged by around Rs 1,250 per 10 gram to Rs 1,01,100. The price of 18 karat gold rate today increased by Rs 1,020 per 10 gram to Rs 82,720.

There has been a significant surge in the price of gold in Bangalore over the past few days. The yellow metal's price has increased by around 30% since the beginning of the year 2025.

Bangalore Silver Rate Today

The price of silver increased significantly over the past few months. Silver rate in Bangalore today also witnessed a sharp surge as it was sold for Rs 130 per gram and Rs 1,30,000 per kilogram.

The price of silver has increased significantly over the past few months as the precious metal emerges as an attractive bet among investors. Additionally, it is also an affordable option for retail jewellery buyers looking for an alternative to gold amid record rally.

Gold Price Outlook

Experts believe that the price of gold is likely to surge more in the coming months. However, there can be some decline in gold rates as investors will go for profit booking. But given's stable returns and heightened investors interest due to US Fed rate cut expectations, investors must continue with their 'Buy on Dips' strategy.

"We expect gold futures to rally further in the range of $3600 - $3680. In order to find opportunities to buy gold in dips, the upside range is expected to move beyond $3600, thus the dips also remains at elevated levels of $3450 - $3500," noted NS Ramaswamy Head -Commodity desk and CRM - Ventura earlier.

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