Gold Prices In Bangalore On Mahavir Jayanti 2025: Super Jump In 24/100 Grams Gold By 29,400 On April 10

Gold Prices In Bangalore: On the auspicious occasion of Mahavir Jayanti, gold prices in India recorded a massive jump, nearing their record high. In the city of Bangalore, gold prices skyrocketed by as much as Rs 29,400 in 100 grams. The strong surge comes after international prices rallied in the previous session as demand for haven assets advanced due to US-China tensions.

Gold Prices In Bangalore:

24K gold price stood at Rs 9,33,800 on April 10 in 100 grams, rising by Rs 29,400 in a single day. Further, the price of 10 grams of gold stood at Rs 93,380, which soared by Rs 2,940. 8 grams of gold in 24K is up by Rs 2,352 to Rs 74,704, while 1 gram of gold edged higher by Rs 294 to Rs 9,338.

In the case of 22K gold, 100 grams is available at 8,56,000, which surged by Rs 27,000. Additionally, 10 grams of gold is higher by Rs 2,700 to Rs 85,600, while 8 grams of gold climbed by Rs 2,160 to Rs 68,480. The cheapest gold price is Rs 8,560 in 1 gram, which inched up by Rs 270.

Furthermore, 18K gold is at Rs 7,00,400, up by Rs 22,100 in 100 grams, while 10 grams gold rose by Rs 2,210 to Rs 70,040. Also, 8 grams of gold jumped by Rs 1,768 to Rs 56,032, and lastly, 1 gram of gold is up by Rs 221 to Rs 7,004.

Silver Prices In Bangalore:

A massive jump was witnessed in silver prices as well on Thursday. 1 silver price zoomed by Rs 2,000 to Rs 95,000, followed by a surge of Rs 200 in 100 grams of silver to Rs 9,500, and up by Rs 20 to Rs 950 in 10 grams. Finally, 8 grams of silver price edged up by Rs 16 to Rs 760, and 1 gram of silver is at Rs 95 up by Rs 2.

Spot Gold Price:

Gold rose toward $3,090 per ounce on Thursday, building on a more than 3% gain from the previous session, driven by safe-haven demand amid rising US-China tensions. President Trump raised tariffs on Chinese imports to 125%, effective immediately, just hours after China increased duties on US goods to 84%., as per Trading Economics data.

Moreover, the Trading Economics data added, this series of back-and-forth tariff hikes between the two major economies overshadowed a broader de-escalation in trade tensions, as the US lowered duties to 10% for a 90-day period to support trade talks with most countries. Meanwhile, markets continued to digest the latest FOMC minutes, which show near-unanimous concerns over higher inflation and slower growth. Investors are now awaiting US CPI and PPI data on Friday for insights into the Fed's interest rate outlook. Elsewhere the World Gold Council reported gold-backed ETFs saw inflows of 226.5 metric tons, worth $21.1 billion, in Q1.

How is Mahavir Jayanti celebrated? IndiaLends Explains:

How Mahavir Jayanti is being celebrated?

The festival is celebrated to bring peace and harmony by spreading the teachings of Lord Mahavira. A procession is carried out in the form of "Rath yatra" with Lord Mahavira's idol neatly placed on the top. The decoration of Jain temples is done with flags while the Jains offer food and clothes to the needy. Jainism vehemently opposes animal slaughter and hence donations are made to stop animal killings.

Other than charitable acts, prayers are also offered in the temples of Lord Mahavira. Some other devotes often engage in mediation-a practice championed by Mahavira. Old and famous Jain temples witness a huge surge in devotees on this day. Teachings of Mahavira and Jainism are recited by monks and nuns.

Mahavir Jayanti is predominantly a Jain festival and to get the true essence of it, you can visit any of the Jain temples.