Before venturing out to sell your gold, you must know and understand today’s gold rate per gram in Bangalore. Since the prices are dynamic, researching the rates on the day of the transaction is imperative.
|Last 12 Months||Highest Gold price (24 karat)||Lowest Gold price (24 karat)|
|March 2022||Rs.5,140 Per gram||Rs.5,380 per gram|
|February 2022||Rs.5,145 per gram||Rs.4,877 per gram|
|January 2022||Rs.4,982 per gram||Rs.4,835 per gram|
|December 2021||Rs.4,961 per gram||Rs.4,830 per gram|
|November 2021||Rs.4,998 per gram||Rs.4,830 per gram|
|October 2021||Rs.4,856 per gram||Rs.4,709 per gram|
|September 2021||Rs.4,814 per gram||Rs.4,673 per gram|
|August 2021||Rs.4,909 per gram||Rs.4,725 per gram|
|July 2021||Rs.4,901 per gram||Rs.4,615 per gram|
|June 2021||Rs.5,040 per gram||Rs.4,610 per gram|
|May 2021||Rs.5,030 per gram||Rs.4,777 per gram|
|April 2021||Rs.4,920 per gram||Rs.4,544 per gram|
There has been a long-standing tradition of investing in Gold in Bangalore. The market price has been affected by several domestic and international factors over the years.
|Last 10 Years||Highest Gold price (24 karat)||Lowest Gold price (24 karat)|
|Gold Rate in 2021||Rs.5,236 Per gram||Rs.4,484 per gram|
|Gold Rate in 2020||Rs.5,756 Per gram||Rs.4,125 Per gram|
|Gold Rate in 2019||Rs.3,232 Per gram||Rs.3,029 Per gram|
|Gold Rate in 2018||Rs.3,208 Per gram||Rs.2,649 Per gram|
|Gold Rate in 2017||Rs.2,766 Per gram||Rs.2,500 Per gram|
|Gold Rate in 2016||Rs.2,964 Per gram||Rs.2,254 Per gram|
|Gold Rate in 2015||Rs.2,569 Per gram||Rs.2,223 Per gram|
|Gold Rate in 2014||Rs.2,723 Per gram||Rs.2,261 Per gram|
|Gold Rate in 2013||Rs.3,109 Per gram||Rs.2,277 Per gram|
|Gold Rate in 2012||Rs.2,742 Per gram||Rs.2,613 Per gram|
Gold rate in Bangalore is affected by several domestic and international factors including crude oil prices and economic conditions. Here are some of them in detail:
A committee or an association in Bangalore decides the prevailing gold rate for the day. The members of such a committee are the top jewellers and traders of gold in Bangalore. The gold price is decided upon several factors such as local tariffs, duties, etc. If the government raises the duties and tariffs, the price of gold in Bangalore rises and vice versa. The government levies such duties to curb excessive consumption and maintain an equilibrium in the demand and supply of gold in the market.
Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery with Muthoot Gold Point involves the following steps:
Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.Step 2:The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.
Step 3: The value, weight and purity of gold is checked on XRF machines before the customer.
Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold in Bangalore.
Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.
The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.
Over 4,200 Branches across India
133+ years of legacy
Over 24,000 employees serving millions of customer
Walk in of over 1,00,000 customers per day
My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impress.. read more
I wanted to sell some gold jewellery to pay for the construction of my house – my contractor had cheated us. I saw the MGP advertisement on a government bus and decided to meet them as I was in great need. My earlier experience of selling the gold had not been good. But, the salesperson at MGP sat.. read more
I can never forget Muthoot Gold Point. If I had not come to know about MGP at the right time, I could have lost everything. In family and business, money is tight, when you need it the most. At these times, if there is a provision to sell your gold, plot of land, house and silver, then you can mee.. read more
I was looking to pay the last year’s fee for my eldest son’s engineering college, I did not have enough money. My wife asked me to sell all our gold jewellery and coins we had collected over the years. I went to some local jewellers and was shocked – they offered less than half of the value of the.. read more
Gold rate in Bangalore is dynamic and changes every day. You can reach out to our representative to know the rate for 22carat gold in Bangalore.
916 Hallmarked gold jewellery means that the gold has a 91.6 percent purity. This is the highest level of purity available for gold since it is required to be mixed with alloy. You can check the rate of KDM 916 gold in Bangalore above.
The rate of 1 gram gold in Bangalore is subject to change every day. Our representative can help you know the gold price per gram in Bangalore.
It is important to check the day’s prevailing gold price per gram in Bangalore before selling jewellery.
Yes, investing in gold is a wise option. Gold is a historically preferred investment option in Bangalore. It is easy to invest and liquidate. Gold owners can easy walk up to a gold trader and exchange it for cash without any hassles. It has strong sustenance against inflation and is a great investment option for wealth creation.
Please reach out to our customer care representative to know the gold rate in Bangalore for the last 10 days.
Here are the things you must do to check the purity of Gold in Bangalore:
There is no guarantee that the gold price per gram in Bangalore will either increase or decrease in 2021. Since it depends on several domestic and international factors, the gold rate keeps fluctuating. Therefore, you must check the gold rate of the day before buying or selling gold.
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