The India Budget 2025 has influenced the gold rate in Bangalore, leading to slight fluctuations in prices. As a key gold market, Bangalore experiences consistent demand for gold, and any change in import duties, GST rates, or global market trends directly affects gold prices. Here’s an in-depth analysis of Bangalore gold rates post-budget and what it means for investors and buyers.
Current Gold Rate in Bangalore (February 8, 2025)
- 22K Gold Rate (10 grams): ₹79,305 (-₹20)
- 24K Gold Rate (10 grams): ₹86,515 (-₹20)
The price of 22K gold per gram is ₹7,930.50, while 24K gold per gram is ₹8,651.50. These prices have experienced minor fluctuations after the India Budget 2025 announcement.
Gold Price Trends in Bangalore Over the Last 10 Days
| Date | 22K Gold (₹/gram) | Change (₹) | 24K Gold (₹/gram) | Change (₹) |
|---|---|---|---|---|
| 2025-02-07 | 7,932.50 | +25 | 8,653.50 | +27 |
| 2025-02-06 | 7,907.50 | +95 | 8,626.50 | +104 |
| 2025-02-05 | 7,812.50 | +107 | 8,522.50 | +117 |
| 2025-02-04 | 7,705.50 | -40 | 8,405.50 | -44 |
| 2025-02-03 | 7,745.50 | -1 | 8,449.50 | -1 |
| 2025-02-02 | 7,746.50 | +14 | 8,450.50 | +15 |
| 2025-02-01 | 7,732.50 | +120 | 8,435.50 | +131 |
| 2025-01-31 | 7,612.50 | +15 | 8,304.50 | +17 |
| 2025-01-30 | 7,597.50 | +87 | 8,287.50 | +94 |
| 2025-01-29 | 7,510.50 | -30 | 8,193.50 | -32 |
Impact of India Budget 2025 on Gold Prices in Bangalore
- Custom Duty Changes: Adjustments in gold import duties affect retail prices in Bangalore.
- GST Modifications: A change in GST on gold influences the final price for consumers.
- Rupee Value vs. US Dollar: If the Rupee weakens, imported gold becomes expensive.
- Global Market Influence: Fluctuations in international gold prices impact local rates.
Should You Buy Gold in Bangalore After Budget 2025?
If prices show stability or a downtrend, it could be a good time to invest. Monitoring daily price movements will help in making informed buying decisions.
Final Thoughts
The gold rate in Bangalore after Budget 2025 has seen minor fluctuations, reflecting global and domestic market changes. Buyers and investors should keep an eye on government policies and international trends before making a decision. Bookmark this page for daily gold price updates in Bangalore.
FAQs on Gold Rate in Bangalore After Budget 2025
The current 22K gold rate in Bangalore is ₹7,930.50 per gram, while 24K gold is ₹8,651.50 per gram (as of February 8, 2025).
In the past 7 days, gold prices in Bangalore have shown mixed trends, with some days experiencing an increase and others a slight dip.
Compared to February 7, 2025, today’s gold price for 22K gold decreased by ₹2 per gram, and 24K gold also dropped by ₹2 per gram.
Key factors include import duties, GST changes, Rupee fluctuations, and global gold market trends.
Gold prices fluctuate multiple times a day based on market demand, international rates, and policy changes.
Disclaimer: This article provides general information and analysis. It is not financial advice. Consult with a qualified financial advisor before making any investment decisions.
