Gold Rate Today Jumps In Bangalore, Hyderabad: 24K Up Rs 44/Gm, Silver Stable: Will Platinum Steal The Show?

Gold Rate Today: After two days of price correction, gold prices staged a sharp rebound on Friday, September 26, across major Indian cities including Bangalore and Hyderabad. The yellow metal regained momentum amid ongoing Navratri celebration. Meanwhile, silver prices held steady, while platinum, often called the "king of precious metals", also saw a significant jump.

Even with Friday's jump in gold rate in Bangalore and Hyderabad, price drops from the past few days can help buyers in finding discounts on jewellery. For those who are planning to buy the precious metal during the ongoing Navratri celebrations, here are complete details about prices of gold, silver, platinum on September 26.

Banglore Gold Rate Today

The price of 24 karat gold in Bangalore surged by Rs 44 per gram to Rs 11,488 per gram on Friday. Likewise, the price of 22 karat gold in Bangalore jumped by Rs 40 per gram to Rs 10,530. Bangalore gold rate today (18 karat) surged by Rs 33 per gram to Rs 8,616.

Highlighting the strengthening festive demand for gold, Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures, mentioned, "Demand in India stemming from the festive and wedding seasons continues to provide an underlying sentiment of demand at high premiums consistent with last week. Additional reports call out increased retail demand ahead of Navratri and Diwali, which continues to bolster sentiment for price development. The near term outlook should create value volatility driven by uncertainty in the rupee and global inflation dynamics."

Bangalore Silver Rate Today

The price of silver in Bangalore remained stable at Rs 142.6 per gram and Rs 1,42,600 per kilogram on Friday. Silver rates, despite being stable, continued to hover near their all-time highmark.

"Silver prices have been fairly stable, consolidating after strong gains, with both industrial demand and regulatory influences shaping the price trend. Currently, silver is trading at ₹137,040 per kg, and has shown to be on stable footing with only some minor fluctuations in the last couple of hours. On the demand front, strong consumption from electronics, solar, and green technology is also strengthening sentiment," Kamboj stated.

Bangalore Platinum Rate Today

Leaving gold and silver behind, platinum rate today witnessed a sharp surge. The price of platinum in Bangalore increased by Rs 193 per gram to Rs 4,389 per gram. Ten grams of platinum in Bangalore has become costlier by Rs 1,930 to Rs 43,890.

Hyderabad Gold Rate Today

The price of 24 karat gold in Hyderabad increased by Rs 44 per gram to Rs 11,488 per gram. Likewise, the price of 22 karat gold in Hyderabad surged by Rs 40 per gram to Rs 10,530 per gram. The price of 18 karat gold in Hyderabad increased by Rs 33 per gram to Rs 8,616 per gram.

Hyderabad Silver, Platinum Rate Today

The price of silver in Hyderabad increased by Rs 3 to Rs 153 per gam, and by Rs 3,000 per kilogram to Rs 1,53,000. Platinum rates in Hyderabad increased by Rs 193 per gram to Rs 4,389 per gram. Likewise, platinum prices in Hyderabad surged by Rs 1,930 per 10 gram to Rs 43,890.