🥇 Gold Rate Today in Bangalore
Live from MCX · Karnataka (KA) · Thursday, 13 August 2026
Also covers: Mysuru, Tumakuru, Hubballi, Mangaluru
Bangalore Gold Rate Today — All Karats
LIVE| Karat | Purity | Per Gram | Per 8g | Per 10g | Per 100g |
|---|---|---|---|---|---|
| 24K (999) | 99.9% | ₹14,964 | ₹1,19,713 | ₹1,49,641 | ₹14,96,410 |
| 22K (916) | 91.6% | ₹13,707 | ₹1,09,657 | ₹1,37,071 | ₹13,70,712 |
| 18K (750) | 75.0% | ₹11,223 | ₹89,785 | ₹1,12,231 | ₹11,22,308 |
* Rates exclude GST (3%) and making charges (7–15%). MCX base + Bangalore Jewellers Association (BJA) reference.
22K Gold Price by Weight — Bangalore
1 Gram
₹13,707
5 Gram
₹68,536
8 Gram
₹1,09,657
10 Gram
₹1,37,071
1 Tola (11.66g)
₹1,59,825
100 Gram
₹13,70,712
MCX National vs Bangalore Rate
MCX National (24K/g)
₹14,962
Bangalore Rate (24K/g)
₹14,964
+₹2 local premium/g
Gold Market in Bangalore
Bangalore (Bengaluru) is among the fastest-growing gold markets in India, driven by a unique combination of traditional Karnataka wedding demand and a massive base of salaried tech professionals investing in gold. The Bangalore Jewellers Association sets the city rate, which generally aligns within ₹10–30 of the IBJA Mumbai rate. The Karnataka government's emphasis on transparent invoicing and BIS hallmarking has made Bangalore one of the cleaner gold markets in the country.
The city's buyer profile is split: traditional Kannada and Tamil-speaking families prefer 22K (916) heavy temple jewellery, while the IT-corridor demographic (Whitefield, Electronic City, Koramangala) tends towards lightweight 22K/18K daily-wear and certified diamond pieces. This has pushed retailers like Bhima, Joyalukkas, Tanishq, and Caratlane to maintain dual-format showrooms — one heavy-jewellery floor and one contemporary collection.
Where to Buy Gold in Bangalore — Jewellery Hubs
Commercial Street
Bangalore's oldest and densest jewellery lane, parallel to MG Road. Excellent for comparing prices across 30+ stores in a 500m stretch — both family-run and branded.
Chickpet & Avenue Road
Wholesale gold and silver trading district. Lowest making charges in the city; best for bullion, coins, and traditional wedding jewellery. Cash-heavy culture — always insist on GST invoice.
Jayanagar
South Bangalore's family jewellery hub. Bhima, Tanishq, GRT, Joyalukkas, and Kalyan all maintain large showrooms here. Known for trustworthy pricing and clear wastage policies.
Indiranagar & Koramangala
Premium-segment showrooms (Tanishq Mia, Caratlane, Forevermark, Diamantina). Strong selection of certified diamond jewellery and modern 18K work.
Whitefield Mall corridor
IT-corridor showrooms for working professionals — Reliance Jewels, Caratlane, Senco Gold. EMI-friendly purchase plans.
BangaloreGold-Buying Customs & Festivals
- ▸Karnataka weddings (Hindu and Jain) feature distinctive jewellery sets — typically a vaddanam (waist belt), bombay haram, oddiyanam, and kasina-saru with several layers. Wedding gold purchases of 200–800g are common in middle-class and upper-middle-class families.
- ▸Akshaya Tritiya, Varamahalakshmi Vrata, and Ugadi are the strongest gold-buying days in Bangalore; many families buy 1–10g coins specifically as religious offerings.
- ▸The IT-corridor working population now drives a year-round demand for gifting jewellery — birthdays, baby showers, and anniversaries account for roughly 15% of city sales.
- ▸Bangalore is also a strong market for Sovereign Gold Bonds and gold ETFs — the salaried investor base actively rebalances physical and paper gold.
Bangalore Gold Market Trends
Bangalore has the most balanced physical-vs-paper gold split among Indian metros. SGB tranches consistently see strong subscription from Bengaluru pin codes, and gold ETF AUM from Karnataka residents is among the top three states. Wedding-season volumes (October–February) remain the largest single demand driver, but unlike Chennai or Hyderabad, Bangalore also sees substantial mid-year demand from corporate gifting and IT-employee bonuses converted to gold purchases.
BIS Hallmarking in Bangalore
BIS hallmarking and HUID compliance are uniformly enforced in Bangalore. The city has multiple BIS-recognised assaying centres in Chickpet, Jayanagar, and Whitefield. Reputable jewellers proactively show the HUID before billing — if a salesperson hesitates to do this, walk out and choose another store.
What to verify before paying in Bangalore
- ✓BIS logo + 916 mark + HUID on every piece (rings, bangles, chain clasps)
- ✓Today's BJA rate displayed prominently in the showroom
- ✓Making charges quoted as flat rupees per gram for plain chains, percentage for designer pieces
- ✓Wastage policy in writing — many Bangalore stores now offer 0% wastage on machine-made pieces
- ✓Diamond / stone certification (IGI or GIA) for any piece priced above ₹50,000 in stones
- ✓GST: 3% on gold value + 5% on making — both must appear as separate line items
Established Jewellers in Bangalore
The following retailers have a long-standing presence in Bangalore and operate under BIS-registered hallmarking. Always verify HUID and request a GST invoice regardless of where you buy.
FAQs — Gold in Bangalore
Is the gold rate same in Bangalore and Mysuru?
Effectively yes. Both cities follow the BJA rate plus a small local premium of ₹5–15 per 10g in Mysuru. The actual price difference between a Bangalore showroom and a Mysuru showroom for the same piece is more determined by making charges and wastage policy than by the gold rate itself.
Should I buy from Chickpet or a branded showroom?
It depends on the purchase. For bullion (coins, bars, biscuits), Chickpet wholesale dealers offer the best rates — but only deal with BIS-registered shops and demand a GST invoice. For wedding jewellery with intricate work and post-purchase service, a branded showroom (Tanishq, Bhima, GRT) is safer despite higher making charges. For lightweight daily-wear, both work.
What is the BJA rate and where can I see it?
The Bangalore Jewellers Association publishes a daily reference rate at market open (around 10:30 AM) and a closing rate (around 6:30 PM). All BJA-member showrooms display this on a board near the cashier. You can also find the rate on goldrate.app, BJA's own website, and major Kannada newspapers daily.
Are gold buyback rates fair in Bangalore?
Branded showrooms typically offer 95–98% of the current rate for hallmarked jewellery purchased from them, and 90–93% for jewellery from elsewhere (after re-assaying). Chickpet wholesale dealers can offer marginally better buyback rates for bullion. Always carry the original BIS-marked piece and the GST-paid invoice for the best buyback.