Gold Prices in Bangalore Surge Again On Feb 25! 22K/100g Gold Up Rs.2,000, Silver Holds Steady

Gold prices in Bangalore have surged for the second time this week, continuing their strong bullish momentum. So far in 2025, gold rates in Bangalore have risen by over 6%, mainly due to strong investor demand, a weakening U.S. dollar, and persistent concerns surrounding the trade war in the US. Market analysts anticipate that if current trends persist, gold prices in Bangalore and across India could witness further gains.

On 25th February, gold prices in Bangalore for 22-carat gold jumped slightly by Rs. 200 per 10 grams to cost Rs. 80,750. While the 24-carat gold rates spiked by Rs. 220 to retail at Rs. 88,090 per 10 grams. In a similar way, 18-carat gold rates currently cost Rs. 66,070, which spiked by Rs. 160 per 10 grams.

100 grams of 24-carat gold rates in Bangalore are now at Rs. 8,80,900 after witnessing the rise of Rs. 2,200, while the 22-carat gold in Bangalore also spiked by Rs. 2,000 to cost Rs. 8,07,500

Silver Prices in Bangalore Today

Silver prices in Bangalore today per kilogram currently cost Rs. 1,01,000 per kg and have shown no momentum today. The price of 100 grams of silver is currently at Rs. 10,010.

Gold and Silver Future Price on MCX

Gold on the Multi Commodity Exchange (MCX) is shining bright on Tuesday morning. Gold futures, expected to mature on April 4, 2025, jumped by 0.05% to trade at Rs. 86,230. Meanwhile, silver futures, with an expiry date of March 5, 2025, also jumped this morning by 0.35%, trading at Rs. 96,426

As per the Commodity Research report from ICICI Direct, "MCX Gold April is expected to hold the support of ₹85,600 and move towards the ₹86,500 level. A move above ₹86,500 would open the doors towards ₹87,000. While . MCX Silver March is expected to rise towards ₹96,500, as long as it holds above ₹94,500."

Spot Gold and Silver Prices Surge

According to the latest market report, spot gold climbed 0.4% to $2,947.48 per ounce as of 1:55 p.m. ET (1854 GMT), after briefly touching $2,956.15-marking its eleventh record high in 2025. Meanwhile, U.S. gold futures closed 0.3% higher at $2,963.20. In contrast, spot silver declined by 0.7% to $32.32 per ounce.

The report Further stated, "Gold prices soared to an all-time high on Monday, fueled by safe-haven demand amid concerns over U.S. President Donald Trump's tariff policies. The U.S. dollar index dropped to its lowest level since December 10 earlier in the session, making gold more affordable for investors holding other currencies."

Market Analysis and Gold Price Outlook

As per the Commodity Research report from ICICI Direct, gold is expected to hold the support near $2925 and move higher towards $2975 amid tariff concerns. In a latest measure the Trump administration launched new trade and investment measures against China, which could increase safe haven demand. Further, increasing ETF holdings indicates a rise in investor interest, which could support prices to trade higher. Meanwhile, focus will remain on key economic numbers from the US, which could bring further volatility in price. Gold price is likely to hold the key support of the 10-day EMA at $2925 and move towards $2975. Unwinding of OI at ATM calls indicates an upward movement."