Big Cuts In Bangalore Gold Prices: 24K/100 Grams Gold Dip By Rs 4,900 In 2 Days; Buy Gold On Pohela Boishaksh?

Gold Rates In Bangalore: On the occasion of Pohela Boishakh, gold prices in India extended their fall on Tuesday, April 15. In metro city, Bangalore, 10 grams gold price corrected to Rs 95,180 in 24K. In the same carat, 100 grams gold price is down by Rs 4,900 in two consecutive drops. The performance in India slipped despite international gold price rising above $ 3,220 levels, due to uncertainty over President Trump's tariff.

Gold Prices In Bangalore:

100 grams gold price dropped by Rs 3,300 to Rs 9,51,000 on April 15th. However, the price of 100 grams of gold in 22K saw an even greater decline by Rs 3,500 to Rs 8,72,000. 18K gold, meanwhile, is down by Rs 2,900 to Rs 7,13,500. In the previous session, 100 grams of gold of 24K was down by Rs 1,600, pushing the decline to Rs 4,900 in two days, as of April 16.

Further, 10 grams gold price shed Rs 330 to Rs 95,180 in 24K, was down by Rs 350 to Rs 87,200, and 18K of 10 grams was lower by Rs 290 to Rs 71,350.

Moreover, 8 grams gold price slipped by Rs 264 to Rs 76,144 in 18K, while declined by Rs 280 to Rs 69,760 in 22K, and down by Rs 232 to Rs 57,080 in 18K. Lastly, the 1 gram gold price is down by Rs 33 to Rs 9,518 in 24K, lower by Rs 35 to Rs 8,720 in 22K, and lower by Rs 29 to Rs 7,135 in 18K.

Silver Prices In Bangalore:

Here, 1 kg silver price dipped by Rs 100 to Rs 99,800, followed by Rs 10 and Re 1 decline to Rs 9,980 and Rs 998 in 100 grams and 10 grams. 8 grams gold inched lower by Rs 0.80 to Rs 798.40. The cheapest silver is of Rs 99.80 in 1 gram.

Pohela Boishakh Significance On Gold:

According to Kalyan Jewellers' blog, Gold has always been a part of Bengali traditions - its warm glow symbolising prosperity, success, and spiritual well-being. Gifting or wearing gold on Pohela Boishakh is believed to invite blessings and abundance for the year ahead. Whether it's a simple pair of studs or an elaborate necklace, every piece carries emotion and significance.

"As the new year begins, make space for celebration, tradition, and the joy of adorning yourself in jewellery that tells your story. From heirloom-inspired designs to versatile modern classics, our curated Bengali collection offers something for every Pohela Boishakh look," it said.

What Is Pohela Boishakh?

As per Drig Panchang, Mesha Sankranti is celebrated as Naba Barsha (Noboborsho or Pohela Boishakh in West Bengal). Pohela Boishakh is the first day of the Bengali Calendar. Hence Pohela Boishakh is also known as Bengali New Year. Bengali New Year is celebrated in West Bengal and among Bengali communities in Assam and Tripura and in Bangladesh.

The history of Pohela Boishakh is decades old and likely to take root during the 594 Gregorian calendar.

King Shoshangko of ancient Bengal is credited with starting the Bengali era. The starting point of the Bengali era is estimated to be in 594 in the Gregorian calendar. Hence Bengali year is 594 less than the Gregorian calendar if it is before Pohela Boishakh or 593 less if it is after Pohela Boishakh, Drig Panchang report said.