Gold Rate in Bangalore Jumps Before Raksha Bandhan; Check 24K, 22K,18K Gold Prices on July 30

Gold prices in Bangalore today, July 30 surged sharply with the 24 carat gold once again crossing the Rs.1 lakh mark per 10 grams. Although the current gold price is still slightly below the all-time high recorded last week, any further upward movement could set a new record in the bullion market.

Last week's dip of around Rs. 1,800 per 10 grams gave an opportunity to ritual and retail gold buyers, who rushed to make purchases. This rise in demand has majorly contributed to the rebound in gold prices in Bangalore and across India.

Looking ahead, the upcoming festive season in August, especially Raksha Bandhan, is expected to fuel the demand for gold jewellery, which could push gold prices higher in the coming weeks.

Meanwhile, spot gold also surged in the international market on Wednesday. Traders and investors are now eyeing the U.S. Federal Reserve meeting scheduled later today.

Gold rate in Bangalore today

On Wednesday, July 30, gold prices in Bangalore for 22-carat gold are priced at Rs. 92,100 per 10 grams after rising Rs. 600. 100 grams of the same is available at Rs. 9,21,000.

Whereas the 24-carat gold rates in Bangalore surged by Rs. 660 to cost Rs. 1,04,800 per 10 grams, while 100 grams of this premium variant are priced at Rs. 1,048,000.

The more affordable 18-carat gold also jumped by Rs. 490 per 10 grams and is currently priced at Rs. 75,360 per 10 grams, with 100 grams of the yellow metal available at Rs. 7,53,600.

MCX Gold and Silver Futures Update

At around 12 pm On July 30, Gold futures on the Multi Commodity Exchange (MCX), scheduled for delivery on August 5th, 2025, are trading at Rs. 98,375 per 10 grams, rising by 0.12%. Similarly, silver futures, maturing on September 5th, have edged lower by 0.09% to Rs. 1,13,650 per kg.

Spot Gold and Spot Silver Rates

As per the latest Reuters Gold Report, "Spot gold was up 0.1% at $3,328.65 per ounce as of 0422 GMT. U.S. gold futures rose 0.1% to $3,326.10. Spot silver held steady at $38.21 per ounce.

"Gold prices held a small advance ahead of the Federal Reserve's interest-rate decision later today, with officials set to provide crucial clues on the monetary policy outlook. Bullion traded near $3,330 an ounce, following a 0.4% gain on Tuesday sparked by falling Treasury yields from a solid auction of seven-year notes. US central bank policymakers are expected to hold rates steady, even as Fed Chair Jerome Powell remains under pressure from President Donald Trump to lower borrowing costs. Traders will also be watching a slate of key indicators this week, from jobs and inflation to economic activity, to gauge how Fed officials may position themselves ahead of their September meeting, where a rate cut looks likely." According to the India Bullion & Jewellers Association.

Silver Prices Today in Bangalore

The white metal rates in Bangalore stood at Rs. 1,17,000 per kg after rising Rs. 1000. Meanwhile, 100 grams of silver is currently priced at Rs 17,000, adding Rs 100.

Gold Rate Chart In other TOP cities in India

Cities	24 carat	22 carat
Delhi	Rs. 1,00,630	Rs. 91,250
Mumbai	Rs. 1,04,800	Rs. 92,100
Chennai	Rs. 1,04,800	Rs. 92,100
Kolkata	Rs. 1,04,800	Rs. 92,100
Hyderbad	Rs. 1,04,800	Rs. 92,100

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