With the beginning of the new year, gold prices in Bangalore are once again on the rise, marking their third consecutive day of gains this week. The surge in gold rates is being driven by escalating geopolitical tensions, particularly the ongoing conflicts in Israel and the Russia-Ukraine war, which have heightened demand for safe-haven assets. As of January 3, 2025, the 22-carat gold price in Bangalore surged by Rs.800 per 10 grams, bringing the rate to Rs. 72,600. Meanwhile, the 24-carat gold price increased by Rs.870 per 10 grams, now retailing at Rs.79,200. Similarly, 18-carat gold prices in Bangalore today rose by Rs.650 per 10 grams, with the new rate standing at Rs. 59,400.
