Gold prices in Bangalore show subtle movements today, June 08, 2026, with 24K gold at ₹15,019 per gram and 22K gold at ₹14,975 per gram. These rates reflect strong investor and jewellery demand, particularly for 22K jewellery, which is popular in the city.
| Purity | Price per Gram (₹) | Price per 8 Grams (₹) | Price per 10 Grams (₹) | Change from Yesterday (₹) |
|---|---|---|---|---|
| 24K Gold (99.9% Pure) | 15,019 | 120,152 | 150,190 | -171 |
| 22K Gold (91.6% Pure) | 14,975 | 119,800 | 149,750 | -215 |
| 24K Gold (Alternate Quote) | 15,169 | 121,352 | 151,690 | -104 |
| 22K Gold (Alternate Quote) | 13,905 | 111,240 | 139,050 | -95 |
| 18K Gold (75% Pure) | 11,377 | 91,016 | 113,770 | -78 |
| 24K Digital Gold (Excl. GST) | 14,816 | 118,528 | 148,160 | N/A |
| 22K Gold Jewellery (Excl. Making Charges & GST) | 14,110 | 112,880 | 141,100 | N/A |
| 22K Gold (Market Rate) | 14,024 | 112,192 | 140,245 | N/A |
| 24K Gold (Market Rate) | 15,310.6 | 122,484.8 | 153,106 | N/A |
As of June 08, 2026, 24K gold prices have decreased by ₹171 per gram from yesterday, while 22K gold saw a decrease of ₹215 per gram. Gold prices in Bangalore have increased by 100% from last year.
Daily Gold Price Trends in Bangalore: Last 10 Days
Bangalore’s gold prices show daily fluctuations, with 24K gold at ₹15,019 per gram and 22K gold at ₹14,975 per gram as of June 08, 2026. These rates reflect strong investor and jewellery demand, particularly for 22K purity in the city.
| Date | 24K Price/Gram (₹) | 22K Price/Gram (₹) | Daily Change (₹) | Trend |
|---|---|---|---|---|
| 08 June 2026 | 15019 | 14975 | -171 | Decrease |
| 08 June 2026 | 15169 | 13905 | -104 | Decrease |
| 08 June 2026 | 15022.4 | 14024.5 | N/A | N/A |
| 08 June 2026 | 14816 | 14110 | N/A | N/A |
| 05 June 2026 | 15633 | 14319.8 | 0 | No Change |
| 04 June 2026 | 15621 | 14319 | N/A | N/A |
| 15 May 2026 | 15912 | N/A | N/A | Up |
| 13 May 2026 | 15625 | 14324 | N/A | Steady |
| 29 Jan 2026 | 17330 | N/A | N/A | Highest Level |
Over the last 10 days, Bangalore’s gold market has seen both upward and downward price movements, reflecting global precious metal trends and local demand dynamics.
Gold Rate Comparison: Bangalore vs Other Major Indian Cities
Gold rates vary across major Indian cities due to local demand, state taxes, and transportation costs. As of June 8, 2026, Bangalore’s 24K gold price per 10 grams is ₹1,51,690, which is lower than in cities like Chennai and Delhi.
| City | 24K Price/10g (₹) | 22K Price/10g (₹) | Difference from Bangalore (24K) (₹) |
|---|---|---|---|
| Bangalore | 151690 | 139050 | 0 |
| Chennai | 153490 | 140700 | 1800 |
| Mumbai | 152720 | 139990 | 1030 |
| Delhi | 155910 | 140150 | 4220 |
| Hyderabad | 156210 | 143190 | 4520 |
| Kolkata | 156210 | 140250 | 4520 |
| Indore | 156260 | 140250 | 4570 |
| Ahmedabad | 156210 | 140250 | 4520 |
The data shows that Bangalore’s gold rates are generally more competitive compared to northern and eastern Indian cities. Buyers should always verify current prices before making a purchase, as rates fluctuate daily.
Factors Influencing Bangalore Gold Prices
Bangalore’s gold prices are shaped by a mix of global and local economic forces. As of June 2026, international crude oil prices at $97.25 USD per barrel and a USD to INR exchange rate of ₹95.30 directly impact the cost of importing gold into India.
Several key factors contribute to the daily fluctuations in Bangalore’s gold rates:
- Global Market Trends: International gold prices, influenced by geopolitical events and central bank policies, directly affect Bangalore’s rates. For instance, global gold was trading at $4,468.810 per ounce during the June 4, 2026 session.
- Indian Rupee vs. US Dollar: A weaker Indian Rupee makes gold imports more expensive, pushing up local prices. The USD to INR exchange rate was ₹95.30 on June 8, 2026.
- Interest Rates: Higher interest rates, like the RBI’s unchanged repo rate of 5.25% as of June 5, 2026, can make non-yielding assets like gold less attractive, potentially lowering demand.
- Inflation: Gold often a hedge against inflation. Rising inflation expectations, partly due to crude oil prices at $108 per barrel in June 2026, can increase gold demand and prices.
- Local Demand: Bangalore has strong investor and jewellery demand, especially for 22K gold, which influences local pricing. This demand can lead to subtle swings in daily rates.
- Government Policies: Changes in import duties or tax regulations, such as the removal of LTCG tax on FII investments in government securities effective April 1, 2026, can indirectly impact gold’s appeal as an investment.
- Festival Season: During festivals like Akshaya Tritiya, demand for gold typically surges, leading to higher prices in Bangalore and across India.
- Crude Oil Prices: Elevated crude oil prices, at $97.25 USD per barrel on June 8, 2026, contribute to inflation and can support gold prices as investors seek safe-haven assets.
These factors collectively determine the daily gold rate, making IT for buyers and investors to monitor market movements closely.
Understanding Gold Purity: 24K, 22K, and 18K
Gold purity significantly impacts its price and usage, with 24K gold being 99.9% pure and primarily for investment. In Bangalore, 22K gold, with 91.6% purity, is preferred for jewellery due to its durability. 18K gold, containing 75% pure gold, is often used for studded and diamond jewellery.
| Purity | Carats | Gold Content (%) | Common Usage | Price Implication |
|---|---|---|---|---|
| 24K | 24 | 99.9 | Investment (coins, bars, digital gold), decoration | Most expensive, highest value |
| 22K | 22 | 91.6 | Jewellery (especially in India for wedding and cultural ornaments), daily wear | Less expensive than 24K, good resale value |
| 18K | 18 | 75 | Studded and diamond jewellery, luxury jewellery, engagement rings, modern designs | Less expensive than 24K and 22K |
Understanding these purity levels helps buyers in Bangalore make informed decisions, whether for investment in 24K gold or for purchasing durable 22K and 18K jewellery.
Buying Gold in Bangalore: Jewellery vs Digital Gold
Buying gold in Bangalore involves choosing between physical forms like jewellery and coins, or digital gold. Physical gold, especially 22K jewellery, is popular for consumption and gifting, while digital gold offers convenience for investment from as little as ₹10.
| Feature | Physical Gold (Jewellery/Coins) | Digital Gold |
|---|---|---|
| Purity | Jewellery is typically 22K (91.6% pure), blended with other metals for durability. Coins and bars are 24K. | 24K (99.9% pure gold) stored in professional vaults. |
| Minimum Investment | Coins and bars start at roughly 1 gram (₹8,000-₹9,000 as of 2026). Meaningful jewellery pieces start at much higher prices. | Starts from ₹10. |
| Storage and Safety | Requires physical possession, comes with risks like theft or damage, and potential storage costs (e.g., bank lockers). Provides psychological security. | Gold is safely insured and deposited into bank-grade vaults, eliminating physical risks. Security is structural, not brand-dependent. |
| Liquidity | Less liquid compared to digital options, with potential ‘buy-back’ deductions (2-3% of value) from jewellers. | More liquid and has an easier trading process. |
| Regulatory Oversight | Traditional asset, well-understood. | Regulatory is evolving, with SEBI and RBI providing guidance to protect investors (as of 2026). Most digital gold products are not regulated by SEBI and do not fall under recognized investment categories. |
| Purpose | Apt for consumption, generational legacy, and provides tangible asset value and emotional reassurance. | Convenient for investment, especially for first-time or beginner-level investors, allowing easy buying, selling, and tracking. |
| Making Charges | 5% to 25% of the total gold value (as of 2026) for jewellery. | Not applicable. |
| GST | 3% on the total value of gold and making charges. | 3% on the purchase price. |
While physical gold offers tangible value and emotional appeal, digital gold provides a more accessible and secure investment option for those focused on price appreciation.
Gold Investment Outlook for 2026 in India
Gold prices in India have shown significant growth, increasing by 100% from last year as of June 2026. This trend gold’s continued role as a stable investment amidst fluctuating global markets.
Several factors influence gold’s performance, including central bank policies, currency exchange rates, and geopolitical events.
- Interest Rate Environment: The RBI MPC kept the repo rate unchanged at 5.25% on June 5, 2026. Markets are pricing in no rate cuts through 2026, which could pose a headwind for non-yielding bullion.
- Global Economic Stability: Crude oil prices reached $108 per barrel in June 2026 following OPEC+ decisions. Elevated oil prices contribute to inflation expectations, influencing gold’s appeal as a hedge.
- Currency Fluctuations: The Indian Rupee saw a jump of 56 paise against the US Dollar, trading at ₹95.18. A stronger rupee can impact the landed cost of imported gold.
- Investor Demand: Bangalore’s gold prices on June 8, 2026, reflect strong investor and jewellery demand. The city shows a particular preference for 22K jewellery.
- Taxation Changes: The government removed LTCG tax and withholding tax on FII investments in government securities, effective April 1, 2026. This could redirect some investment flows, indirectly affecting gold.
Investors should monitor these economic indicators and market trends to make informed decisions regarding gold investments in 2026.
Calculating Gold Price: GST and Making Charges
The final price of gold jewellery in Bangalore includes the base gold rate, making charges, and a 3% Goods and Services Tax (GST). Making charges typically range from 5% to 25% of the gold’s total value, varying by design complexity and jeweller. For example, 10 grams of 24K gold at a base rate of ₹1,51,690 (as of June 8, 2026) would incur additional costs. As of June 2026, the 3% GST applies to both the gold’s value and the making charges. This means a buyer pays GST on the total of the gold’s current market price and the labour involved. For 10 grams of 24K gold, making charges could add ₹18,203, with an additional GST of ₹5,097. Jewellers like Tanishq, Malabar, and Kalyan Jewellers clearly itemise these charges on their bills.
Key Takeaways
- Gold jewellery purchases in Bangalore include a 3% GST on the total value, which covers both the gold price and making charges.
- Making charges for gold jewellery in Bangalore range from 5% to 25% of the gold’s value, depending on the design.
- For 10 grams of 24K gold, making charges can add approximately ₹18,203, with an additional ₹5,097 in GST (as of June 2026).
Always request a detailed bill from your jeweller to understand the breakdown of gold price, making charges, and GST before making a purchase.
Frequently Asked Questions (FAQs)
What is the gold rate today in Bangalore for 24K gold?
As of June 8, 2026, the 24K gold rate in Bangalore is approximately ₹15,019 per gram. This reflects a decrease of ₹171 per gram compared to June 7, 2026. For 10 grams, the price stands at about ₹1,50,224.
What is the gold rate today in Bangalore for 22K gold?
On June 8, 2026, the 22K gold rate in Bangalore is around ₹14,975 per gram. This represents a decrease of ₹215 per gram from the previous day’s rate. Most jewellery purchases in Bangalore use 22K gold.
How do gold rates in Bangalore compare to last year?
Gold prices in Bangalore as of June 8, 2026, are 100% higher than rates recorded last year. The yellow metal reached its highest level on January 29, 2026, at ₹17,330 per gram.
What factors influence gold prices in Bangalore?
Gold prices in Bangalore are influenced by global market trends, local demand, and currency fluctuations. Daily rates can fluctuate based on these factors, affecting both investment and jewellery purchases. National chains and local jewellers update their rates daily.
What is the difference between 24K, 22K, and 18K gold?
24K gold is 99.9% pure and typically used for coins and bars due to its softness. 22K gold contains 91.6% gold and is preferred for jewellery in Bangalore because of its durability. 18K gold has 75% gold content, often used for lightweight or designer pieces.
Where can I check the live gold rate in Bangalore?
You can check live gold rates in Bangalore on financial news websites like Moneycontrol, Goodreturns, and BankBazaar. Many national and regional jewellers also display daily rates at their showrooms. Always verify the current rate with the specific seller.
Are gold rates in Bangalore inclusive of GST?
Gold rates quoted in Bangalore typically do not include the Goods and Services Tax (GST) in the per-gram price. A 3% GST is applied to the value of gold, and an additional 5% GST is applied to making charges. Always confirm the final price including all taxes with your jeweller.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI) before deciding.