916 Gold Rate Today in Bangalore

Buying gold is a tradition and a form of investment for many people in Bangalore and across India. The rate for 916 gold, also called 22-karat gold with 91.6% pure gold, is crucial for making informed jewellery purchases and investments. Understanding the 916 gold rate today in Bangalore helps buyers secure the best prices. Today, gold is valued for its cultural, religious, and financial significance. Knowing the latest 916 gold price today in Bangalore allows people to budget, plan, and invest wisely. This guide covers the factors affecting current rates, highlights the rates for June 2025, and answers key FAQs for gold buyers in Bangalore.

The present 916 gold rate in Bangalore is shaped by several factors, both international and domestic. Here are the main contributors influencing gold rates:

International Gold Prices

The global price of gold directly impacts rates in Bangalore. Gold is traded globally, and fluctuations in major markets like London and New York influence the current 916 gold rate in Bangalore. Since India is one of the world’s largest gold consumers, global price surges directly impact local prices. This makes international trends a key factor for buyers and investors in Bangalore.

Rupee vs. US Dollar

As gold is globally priced in US dollars, fluctuations in the Indian rupee's strength against the dollar have a direct impact on the 916 gold price in Bangalore. A weaker rupee raises local gold prices, while a stronger rupee tends to lower them.

Import Duties and Taxes

India imposes import duties and the (Goods and Services Tax) GST on gold to regulate imports and generate government revenue. The import duty on gold is around 12.5% (basic customs duty plus additional levies), combined with a 3% GST on jewellery making charges. Any increase or modification in these charges directly impacts the 916 gold rate in Bangalore today per gram, as these costs pass on to consumers.

Local Demand and Supply

India’s local gold demand is heavily influenced by cultural practices, festivals, and weddings which drive jewellery buying, especially for 916 gold. Periods like Diwali, Akshaya Tritiya, and marriage seasons see a surge in demand that often causes short-term price spikes in Bangalore and across India. Supply-side factors like availability of finished jewellery and bullion also affect rates. When demand peaks, jewellers may raise prices or reduce discounts, increasing the 916 gold rate per gram today in Bangalore. Conversely, off-season periods may see price corrections as demand moderates

Global Economic Trends

Global economic conditions, including political uncertainty, inflation levels, and crises, exert strong influence on gold’s status as a safe haven. During times of geopolitical tension or market volatility, gold prices tend to rise. This happens as investors seek stability, pushing up the 916 gold rate per gram today in Bangalore. For India, ongoing international conflicts, inflation concerns, and interest rate changes in developed countries affect investor sentiment and thus gold prices domestically.

Logistics and Local Levies

Price variations in 916 gold rate Bangalore also arise due to local logistical costs and taxes. Transporting gold across states involves handling charges, security costs, and sometimes local levies that increase the base price. These additional expenses differ city-wise and even between jewellers within Bangalore. Such differences explain why the 916 gold rate in Bangalore today for 1 gram may slightly vary at different shops. Moreover, making charges, hallmarking fees, and state-level taxes add to the final cost, underscoring the importance of comparing prices before purchase

June 2025 saw steady movement in gold rates in Bangalore. Here’s a look at the trend for 22-karat, or rate of 916 gold, during the month:

Disclaimer: The gold rates presented in the table are indicative and based on market data as of June 2025. Prices may vary daily due to fluctuations in international gold prices, currency exchange rates, local demand, taxes, and jeweller-specific charges. Readers should verify the latest rates with authorised dealers before making any purchase decisions. 

• The 916 gold rate in Bangalore June 2025 ranged from ₹8,915 to ₹9,320 per gram.
  

• The highest rate in June 2025 was ₹9,320 per gram on 14th and 15th June.
  

• The lowest was ₹8,915 per gram, recorded on 30th June 2025.
  
  

Today’s rate of 916 gold in Bangalore for 1 gram is largely in line with June’s trends but can change daily. For 8 grams, the rate of 916 gold is simply eight times the per gram rate. Always check with your local jeweller for the final price as actual rates may include making charges and GST.