Gold Rate Today: Gold is one of the most popular precious metals in India. Whether people purchase gold for weddings, festivals, jewellery, savings or long-term investment, checking the latest gold price is an important step before making a purchase.
On November 2, 2026, gold prices in India continue to attract attention from jewellery buyers and investors. Gold rates change regularly depending on international bullion prices, currency movements, demand and other market conditions.
People planning to purchase gold jewellery are particularly interested in the prices of 22-carat gold, while investors often monitor 24-carat gold rates to understand market movements.
In this article, we provide information about today’s gold rate in India, including 18K, 22K and 24K gold prices, Bengaluru gold rates, historical price movements, factors influencing gold prices and important points to consider before buying gold.
Gold Rate Today in India – November 2, 2026
Gold prices are different depending on purity, location and the jewellery retailer. The following table provides an indicative reference for gold prices in Bengaluru on November 2, 2026.
Today’s Gold Price in Bengaluru
| Gold Purity | Price Per Gram | Price Per 10 Grams |
|---|---|---|
| 24 Carat Gold | ₹13,902 | ₹1,39,020 |
| 22 Carat Gold | ₹12,744 | ₹1,27,440 |
| 18 Carat Gold | ₹10,426.50 | ₹1,04,265 |
| 14 Carat Gold | ₹8,109.50 | ₹81,095 |
Note: Prices are rounded from the reported Bengaluru rates. Retail prices may vary between jewellers and throughout the day.
According to the available Bengaluru market listing, the price of 24-carat gold was ₹1,39,020 per 10 grams, while 22-carat gold was ₹1,27,440 per 10 grams. The reported 18-carat price was ₹1,04,265 per 10 grams.
These figures are indicative reference prices and should not be treated as guaranteed jewellery shop quotations.
Gold Rate Today in Major Indian Cities
Gold prices may differ slightly between Indian cities because of local taxes, transportation costs, demand and other market-related factors.
Some of the major cities where buyers regularly monitor gold prices include:
- Bengaluru
- Chennai
- Hyderabad
- Mumbai
- Delhi
- Kolkata
- Pune
- Ahmedabad
- Kochi
- Jaipur
Customers should check their local jeweller’s daily rate before visiting a showroom.
What Is the Difference Between 24K, 22K and 18K Gold?
Gold is available in different purity levels. The carat measurement indicates how much pure gold is present in a particular jewellery item or gold product.
Understanding these differences can help customers choose the right type of gold according to their requirements.
24 Carat Gold
24-carat gold is considered nearly pure gold, containing approximately 99.9% gold.
It is commonly used for:
- Gold coins.
- Gold bars.
- Investment purposes.
- Certain gold-related financial products.
Because pure gold is relatively soft, it is generally not preferred for everyday jewellery manufacturing.
22 Carat Gold
22-carat gold contains approximately 91.67% pure gold, with the remaining percentage consisting of other metals used to improve strength and durability.
It is widely used for traditional Indian jewellery, including necklaces, bangles, earrings, chains and wedding ornaments.
Many Indian families prefer 22K gold because it offers a balance between gold purity and jewellery durability.
18 Carat Gold
18-carat gold contains 75% pure gold and 25% other metals.
It is frequently used in modern jewellery designs, diamond ornaments and gemstone jewellery.
Its comparatively higher strength makes it suitable for detailed jewellery designs and regular use.
Why Does the Gold Rate Change Every Day?
Gold prices do not remain constant. They fluctuate according to international economic conditions, investment activity and domestic market demand.
Several important factors influence the daily gold rate in India.
1. International Gold Prices
Gold is traded in international markets, and global bullion prices influence domestic gold rates.
When international gold prices increase, Indian gold prices may also move upward, depending on currency movements and other local factors.
Similarly, a fall in international prices can create downward pressure on domestic gold rates.
2. US Dollar and Indian Rupee Exchange Rate
The value of the Indian rupee against the US dollar plays an important role in determining gold prices in India.
India imports a significant amount of its gold requirements.
When the rupee weakens against the dollar, importing gold becomes more expensive. This can increase domestic gold prices.
When the rupee strengthens, import costs may become relatively lower.
3. Inflation and Economic Conditions
Gold is often considered a store of value during periods of economic uncertainty and inflation.
When investors become concerned about rising prices, financial instability or weakening purchasing power, some may increase their allocation to gold.
Higher investment demand can influence market prices.
4. Central Bank Gold Purchases
Central banks across the world hold gold as part of their foreign exchange reserves.
When central banks increase their gold purchases, global demand may rise and influence international prices.
Their buying and selling activities are therefore closely monitored by bullion market participants.
5. Interest Rates
Interest rate decisions by major central banks, particularly the US Federal Reserve, can influence gold prices.
Gold does not generate regular interest income like certain deposits or bonds.
When interest rates are high, some investors may prefer interest-bearing investments. When rates decline, gold may become comparatively attractive.
However, the relationship is not always direct because several market factors operate simultaneously.
6. Wedding and Festival Demand in India
India has a strong cultural connection with gold.
Demand generally increases during important occasions such as weddings, Akshaya Tritiya, Dhanteras, Diwali and other festivals.
Increased jewellery purchases can influence local demand and retail market activity.
Today’s Gold Price in Bengaluru
Bengaluru is one of the major jewellery markets in Karnataka.
Gold is purchased throughout the year for weddings, family celebrations, religious occasions and investment purposes.
On November 2, 2026, the reported gold rates in Bengaluru were:
- 24K gold: ₹1,39,020 per 10 grams.
- 22K gold: ₹1,27,440 per 10 grams.
- 18K gold: ₹1,04,265 per 10 grams.
- 14K gold: ₹81,095 per 10 grams.
The reported 24K price was ₹10 lower per 10 grams compared with November 1, according to one Bengaluru rate listing.
However, other market trackers reported different prices depending on their update time and calculation methodology.
Therefore, customers should confirm the applicable rate directly with their jewellery retailer before purchasing gold.
Recent Gold Price Movement in Bengaluru
Gold prices can experience significant movements within a short period.
The available historical data indicates that Bengaluru’s gold market experienced a noticeable correction during the last part of October 2026.
For example, the reported 24K gold price was ₹1,49,730 per 10 grams on October 1 and ₹1,39,030 on October 31.
On November 2, one market listing reported the price at ₹1,39,020 per 10 grams.
This demonstrates why buyers and investors should monitor daily price movements rather than relying on older quotations.
Historical prices do not guarantee future market performance.
How to Calculate the Price of Gold Jewellery?
The final amount paid for gold jewellery is usually higher than the basic gold value.
This is because the jewellery bill may include making charges, applicable wastage charges and GST.
Here is a simple example.
Suppose a customer wants to purchase 10 grams of 22K gold jewellery at an indicative rate of ₹12,744 per gram.
Step 1: Calculate the basic gold value
10 grams × ₹12,744 = ₹1,27,440.
Step 2: Add making charges
Assume the jeweller charges 10% making charges.
₹1,27,440 × 10% = ₹12,744.
Step 3: Calculate the taxable amount
₹1,27,440 + ₹12,744 = ₹1,40,184.
Step 4: Add GST
Assuming 3% GST on the taxable jewellery value:
₹1,40,184 × 3% = ₹4,205.52.
Final estimated amount: ₹1,44,389.52.
This is only an illustrative calculation. Actual jewellery bills may differ depending on the retailer’s pricing structure, additional charges and applicable tax treatment.
Is Today a Good Time to Buy Gold?
Whether today is the right time to purchase gold depends on the buyer’s purpose, budget and financial situation.
People purchasing jewellery for weddings or family occasions may focus more on their immediate requirements than short-term price movements.
On the other hand, investors may examine international prices, market trends and their investment time horizon before purchasing.
A few points worth considering include:
- Compare today’s gold price with recent market rates.
- Check whether the market has experienced a sudden increase or decrease.
- Avoid making investment decisions based only on short-term price movements.
- Consider your financial goals before purchasing gold.
- Compare jewellery making charges at different showrooms.
- Maintain sufficient emergency savings rather than investing all available money in gold.
Gold prices can move both upward and downward. There is no guarantee that purchasing gold today will produce a profit in the future.
Important Things to Check Before Buying Gold Jewellery
Buying gold requires careful attention because even a small difference in purity or weight can affect the final price.
Customers should remember the following points.
1. Check the BIS Hallmark
Always look for the appropriate BIS hallmark on gold jewellery.
Hallmarking provides information about the purity of the gold item and helps customers make more informed purchasing decisions.
2. Look for the HUID Number
Hallmarked gold jewellery carries a six-character Hallmark Unique Identification (HUID) code.
Customers can use the BIS Care application to verify relevant hallmark details.
3. Ask for a Detailed Bill
Request a proper invoice showing the following details:
- Gold purity.
- Net gold weight.
- Gold rate per gram.
- Making charges.
- Wastage charges, if applicable.
- GST.
- Total amount payable.
A detailed invoice helps avoid confusion during future exchanges or resale.
4. Compare Making Charges
Different jewellery shops may charge different making fees.
Some retailers calculate making charges as a percentage of the gold value, while others use a fixed amount per gram.
Comparing these charges can help customers manage their jewellery purchasing expenses.
5. Understand Buyback and Exchange Policies
Before purchasing expensive jewellery, ask the retailer about its exchange and buyback conditions.
Check whether deductions apply to making charges, stones or other components when the jewellery is exchanged or sold.
Is Gold a Good Long-Term Investment?
Gold has been used as a form of wealth preservation for generations.
Many Indian households purchase gold as part of their long-term savings and financial planning.
However, gold should not automatically be considered a risk-free investment.
Its market price can fluctuate because of international economic conditions, currency movements, interest rates and investor sentiment.
People interested in investing in gold can explore different options.
Physical Gold: Gold coins, bars and jewellery are traditional ways of owning gold. Storage, security and additional purchase costs should be considered.
Gold ETFs: Gold Exchange Traded Funds allow investors to gain exposure to gold prices through the stock market without physically storing gold.
Sovereign Gold Bonds: These government securities were historically issued as a gold-linked investment option. Their current availability for fresh investment should be checked through official announcements.
Digital Gold: Some platforms offer digital gold purchasing facilities. Customers should carefully examine the provider, storage arrangements, charges and regulatory protections before investing.
Each investment option has different costs, risks and conditions. Investors should select an option based on their financial objectives and risk tolerance.
Frequently Asked Questions About Gold Rate Today
1. What is today’s gold rate in India?
Gold rates vary according to purity, city and market updates. On November 2, 2026, the reported Bengaluru rate for 24K gold was ₹1,39,020 per 10 grams, while 22K gold was ₹1,27,440 per 10 grams.
2. What is the price of 22K gold today in Bengaluru?
The reported price of 22K gold in Bengaluru on November 2, 2026, was ₹1,27,440 per 10 grams.
3. What is the price of 24K gold today?
The reported Bengaluru price of 24K gold was ₹1,39,020 per 10 grams on November 2, 2026.
4. What is the price of 18K gold today?
The reported Bengaluru price of 18K gold was ₹1,04,265 per 10 grams on November 2, 2026.
5. Why is 22K gold more expensive than 18K gold?
22K gold contains approximately 91.67% pure gold, whereas 18K gold contains 75% pure gold. Because 22K gold has a higher gold content, its price is generally higher.
6. Why are gold prices different in different cities?
Gold prices can vary because of transportation expenses, local taxes, demand, supply conditions and retailer pricing policies.
7. Does the gold rate include GST?
The published gold rate generally represents the basic gold price. GST and other applicable charges may be added to the final jewellery bill.
8. How can I check the latest gold rate?
Customers can check current rates through reliable financial news websites, bullion market information services and jewellery company websites.
It is also advisable to confirm the final quotation directly with the jewellery shop.
9. Is 24K gold suitable for making jewellery?
24K gold is relatively soft and is generally used for coins and bars. Most traditional gold jewellery is made using 22K or other suitable gold alloys.
10. Will gold prices increase in the coming days?
Gold prices depend on several factors, including international bullion movements, currency exchange rates, inflation expectations and investor demand. No one can accurately guarantee future price movements.
Conclusion
Gold continues to play an important role in Indian households, jewellery purchases and investment planning. Whether someone is buying gold for a wedding, a festival or long-term savings, understanding the latest market rate can help them make a better purchasing decision.
On November 2, 2026, the reported Bengaluru gold price was ₹1,39,020 per 10 grams for 24K gold, ₹1,27,440 for 22K gold and ₹1,04,265 for 18K gold.
However, gold rates may change during the day and can differ between market information providers and jewellery retailers.
Before purchasing gold, customers should compare prices, check BIS hallmark details, understand making charges and obtain a detailed purchase invoice.
Investors should also remember that gold prices are subject to market fluctuations and that past performance does not guarantee future returns.
Disclaimer: This article is published for general information and educational purposes. Gold prices are indicative and may change without notice. Actual retail prices depend on the city, jeweller, purity, applicable taxes and additional charges. This article should not be considered financial or investment advice.
