Bengaluru GOLD rate on October 16, 2024: Latest prices of 22k, 24k gold updated here

Gold prices hit new all-time highs, with international rates soaring from $1,800 in November to $2,622. In India, the cost per gram has surpassed the previous May record of Rs 6,895, reaching Rs 7,000.

Gold rates dipped in the domestic futures market on Thursday morning, influenced by weak global trends. This decline occurred despite the US Federal Reserve reducing benchmark rates by 50 basis points and hinting at the possibility of two additional cuts later this year.

Bengaluru, the capital of Karnataka, is India's third most populous city and a key IT hub. Known for its year-round pleasant climate, its residents often invest in gold through jewellery and bars.

Check out the 22k and 24k gold rates Today, October 16, 2024.

22k - Rs 7,210/gm
24k - Rs 7,571/gm

For 8gm - Rs 57,680(22k)
                  Rs 60,568(24k)

For 10gm - Rs 72,100(22k)
                   Rs 75,710(24k)

Check out the 22k and 24k gold rates Today, October 15, 2024.

22k - Rs 7,145/gm
24k - Rs 7,502/gm

For 8gm - Rs 57,160(22k)
                  Rs 60,016(24k)

For 10gm - Rs 71,450(22k)
                   Rs 75,020(24k)

Check out the 22k and 24k gold rates Today, October 14, 2024.

22k - Rs 7,145/gm
24k - Rs 7,502/gm

For 8gm - Rs 57,160(22k)
                  Rs 60,016(24k)

For 10gm - Rs 71,450(22k)
                   Rs 75,020(24k)

The gold rate in Bengaluru has significantly risen over the past 10 days. The price of 10gm gold has reached a record-high, Rs 70,000. Take a look at Gold rates over the past 5 days here.

October 13, 2024: Rs 7,215 for 22k
                                    Rs 7,576 for 24k

October 12, 2024: Rs 7,215 for 22k
                                    Rs 7,576 for 24k

October 11, 2024: Rs 7,210 for 22k
                                    Rs 7,571 for 24k