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Bangalore Gold Rate Today Sees Massive Jump; Not Just 24 & 22K, 18K Gold Eyes Rs 1 Lakh; Check 28 Nov Rates

Bangalore Gold Rate Today: The price of 24, 22 and 18 karat gold in Bangalore and other Indian cities saw a sharp jump on Friday, November 28. Likewise, the silver rates in the Karnataka capital also saw a sharp jump today amid rising expectations of a US Federal Reserve rate cut.

The recent surge in gold and silver prices today has come against the backdrop of rising international prices of the precious metals on Friday. The surge has emerged as a major setback for gold jewellery buyers amid the ongoing wedding season. Back in Bangalore, the gold and silver rates are closely tracked by retail jewellery buyers.

Bangalore Gold Rate Today Sees Massive Jump; 18K Gold Eyes Rs 1 Lakh; Check Rate

Bangalore Gold Rate Today

The price of 24 karat gold in Bangalore increased by Rs 71 per gram to Rs 12,846 per gram. Likewise, the rate of 22 karat gold in Bangalore jumped by Rs 65 per gram to Rs 11,775 per gram. Similarly, the price of 18 karat gold in Bangalore surged by Rs 53 per gram to Rs 9,634 per gram.

Bangalore Silver Rate Today

Silver prices in Bangalore also jumped significantly on Friday. Silver prices today increased to Rs 176 per gram and to Rs 1,76,000 per kilogram. Silver prices have surged significantly since the beginning of the year 2025 due to its strong industrial demand and supply side bottlenecks.

"Gold continues to be regarded as a safe and stable asset and will remain a viable long-term investment opportunity for those looking to hold onto their original purchase price over a longer period of time. Given the stability seen currently in the foreign exchange market, it appears that Gold is providing both stability, a sense of security, and therefore, gold would be a great choice for an investor interested in investing long-term instead of solely for immediate or short-term returns," stated Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.

"Silver has seen a small increase as a result of a combination of stable industrial demand combined with increases in investment interest as global markets react positively to positive macroeconomic expectations," Kamboj added.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.

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