North India Statesman
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News India Live, Digital Desk: Gold prices are fluctuating daily in Bengaluru. Impressed by factors such as global market figures and local demand, there was a slight decline in gold prices today. On 02 June 2025, the details of 24 carat and 22 carat gold prices in Bangalore are as follows.
Today’s gold price (10 grams per)
24 carat gold (99.9% purity): ₹ 97,315
Lack of tomorrow: ₹ 10 (-0.01%)
22 carat gold (91.6% purity): ₹ 89,205
Lack of tomorrow: ₹ 10 (-0.01%)
Gold price of last 10 days (1 gram per 1 gram)
In the last 10 days, the price of gold has fluctuated. During this period, the average price of 24 carat gold was ₹ 97,535, while the average price of 22 carat gold was ₹ 89,404. The following table shows the rates of the last few days:
| date | 22 carat (₹) | 24 carat (₹) |
|---|---|---|
| 1 June, 2025 | 8,937.30 | 9,748.30 |
| May 31, 2025 | 8,938.30 | 9,749.30 |
| May 30, 2025 | 8,911.30 | 9,720.30 |
| May 29, 2025 | 8,951.30 | 9,764.30 |
| May 28, 2025 | 8,951.30 | 9,764.30 |
On June 1, the price of 24 carat gold was ₹ 97,325, the highest price of this month. But on 2 June it declined to Rs 97,315. Similarly, the price of 22 carat gold has also come down from ₹ 89,215 to ₹ 89,205.
Causes of gold price fluctuations
The gold market of Bengaluru is affected by global economic figures, dollar value, import duty and local demand. There has been a slight decline in gold prices in recent times, which is possibly due to stability and low demand in the global market. Although a significant increase in gold prices has been observed in the last one year, the price of 24 carat gold has increased from ₹ 81,471.77 (a year ago) to ₹ 97,315.
Gold use
- 24 carat gold: It is often used for investment, as it contains 99.9% purity.
- 22 carat gold: It is popular for making jewelery, as it provides 91.6% purity as well as durability.
The gold market in Bangalore has been moving upwards in the long run, but in recent times it has seen a slight decline. It is important to monitor the market trends for gold investors and jewelery buyers. This decline in gold prices can be an opportunity to purchase, but it is best to make decisions keeping in mind the global and local market trends.
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