Gold Rate in Bangalore Today, July 16, 2026: Gold Slips After Brief Recovery 

Bangalore, July 16: Gold prices edged lower in Bangalore on Thursday, reversing a part of Wednesday’s recovery. After showing signs of stabilising in the previous session, the precious metal once again came under mild selling pressure, with prices slipping across all major purity categories. 

According to today’s retail rates, 24-karat gold is priced at ₹14,329 per gram, down ₹28 from Wednesday. 22-karat gold has eased by ₹25 to ₹13,135 per gram, while 18-karat gold is now selling at ₹10,747 per gram, lower by ₹20. 

While the decline is relatively small, it reflects the uncertainty that has characterised the gold market over the past week. Prices have been alternating between gains and losses without establishing a sustained trend. 

Bangalore Gold Rate Today 

Gold Market Remains Caught Between Buying and Profit Booking 

Gold has struggled to maintain momentum this week. 

Wednesday’s recovery had raised hopes that the recent correction was coming to an end, but today’s decline shows the market is still moving cautiously. Instead of a strong rebound, prices continue to fluctuate within a limited range as investors weigh global bullion prices, currency movements and economic developments. 

Even a fter today’s decline, 24K gold remains above the July 13 level of ₹14,291 per gram, but it’s still ₹197 below the monthly high of ₹14,526, giving buyers a better entry point than they had during the first week of July. 

For investors who want exposure to gold without purchasing physical jewellery, you can also check the list of Gold ETFs in India: https://hdfcsky.com/etf/gold-etf 

Gold Price in Bangalore Per Gram 

What Would 10 Grams of 22K Jewellery Cost Today? 

The quoted gold price reflects only the value of the metal. Making charges and GST are added separately when buying jewellery. 

Based on today’s rates, assuming 12% making charges and 3% GST, here’s an estimate: 

The final amount may vary depending on the jeweller, jewellery design, wastage charges and applicable making charges. 

10-Day Gold Price Trend 

• July 16: ₹14,329 (-₹28) 

• July 15: ₹14,357 (+₹77) 

• July 14: ₹14,280 (-₹11) 

• July 13: ₹14,291 (-₹142) 

• July 12: ₹14,433 (No change) 

• July 11: ₹14,433 (-₹49) 

• July 10: ₹14,482 (+₹38) 

• July 9: ₹14,444 (+₹131) 

• July 8: ₹14,313 (-₹213) 

• July 7: ₹14,526 (-₹136) 

The last ten trading sessions highlight how volatile the market has been. Sharp declines have been followed by quick rebounds, only for prices to soften again. Until stronger global cues emerge, gold is likely to continue trading within a relatively narrow range. 

July Performance So Far 

Gold is still trading marginally above its opening level for July, but remains well below the highs recorded during the first week of the month. That suggests much of the earlier rally has faded, even though prices haven’t entered a deeper correction. 

Why Do Gold Prices Change Every Day? 

Gold prices are influenced by several global and domestic factors, including international bullion prices, movements in the rupee against the US dollar, import duties, inflation expectations, central bank decisions and geopolitical developments. Since these variables change regularly, retail gold rates are revised daily across Indian cities. 

Conclusion 

Gold prices in Bangalore slipped on July 16, with 24K gold easing to ₹14,329 per gram and 22K gold falling to ₹13,135 per gram. The decline reversed part of the previous session’s gains, but prices remain comfortably below the highs seen earlier this month, offering buyers relatively better value. Going forward, global bullion trends and currency movements are likely to determine whether gold resumes its recovery or extends its recent consolidation. 

Source

•  Goodreturns | Gold prices updated for July 16, 2026.