Bangalore Gold Rate Today (05-05-2026): IBJA Rates Slips; Know 24K, 22K, 18K Gold Prices

Bangalore Gold Rate Today, May 5, 2026: Gold prices in Bengaluru on Tuesday (05-05-2026) edged lower, a day after the 2026 Assembly election results, even as international prices moved higher. The fall comes amid rising crude oil prices and a stronger dollar, which continue to weigh on domestic rates.

Spot gold rose 0.38 percent to $4,550.70 per ounce in early Comex trade, while silver gained 0.11 percent to $73.65 per ounce. Despite the positive global trend, domestic pricing remained under pressure. On the Multi Commodity Exchange (MCX), June 2026 gold futures opened marginally higher at ₹1,49,490 per 10 grams. Silver futures, however, declined 0.12 percent to ₹2,43,600 per kilogram.

Currency movements remained the key driver. The Indian rupee weakened to a record low of 95.39 against the dollar on May 5, pressured by rising oil prices following renewed tensions in the Gulf. The currency's 0.3 percent decline increased import costs, influencing local bullion pricing.

Bengaluru gold rates

On May 5, gold rates in Bengaluru fell across all purities, indicating a stable trend in the market. 24-carat gold is priced at ₹14,918 per gram and ₹1,49,180 for 10 grams, while 22-carat gold stands at ₹13,675 per gram and ₹1,36,750 for 10 grams, continuing to be the most preferred category for jewellery buyers. 18-carat gold is quoted at ₹11,189 per gram and ₹1,11,890 for 10 grams. The lack of movement across categories suggests prices are holding steady near peak levels.

The current pricing aligns with rates released by the India Bullion and Jewellers Association (IBJA), which serves as a benchmark for bullion markets across the country. According to IBJA data on May 5, 999 purity (24K) gold is at ₹14,810 per gram, while 995 purity is at ₹14,751. For jewellery buyers, 916 purity (22K) gold is at ₹13,566 per gram, continuing to be the most preferred category. Lower purity segments are also holding firm. 18K gold (750 purity) is priced near ₹11,108 per gram, while 14K gold (585 purity) stands at around ₹8,664 per gram. The trend across all purity levels points to sustained demand in the market.

Gold Rates Today: Jewellery Shop Prices on May 5

Gold prices across major jewellery brands remained elevated on May 5, reflecting firm market conditions and sustained demand across purity segments. Most jewellery stores are quoting 22 carat gold in a narrow range of ₹13,675 to ₹13,835 per gram, indicating limited variation across brands despite market volatility.

At Tanishq, 22 carat gold is priced at ₹14,005 per gram. The rate stands at ₹1,10,200 for 8 grams and ₹1,37,750 for 10 grams. 24 carat gold is at ₹15,027 per gram and ₹1,50,270 for 10 grams.

At Malabar Gold, 22 carat gold is quoted at ₹13,675 per gram, while 24 carat gold is priced higher at ₹15,235 per gram.

Kalyan Jewellers lists 22 carat gold at ₹13,715 per gram.

At Joyalukkas, 22 carat gold is priced at ₹13,675 per gram, with 10 grams costing ₹1,36,750.

GRT Gold quotes 24 carat gold at ₹14,929 per gram, 22 carat at ₹13,675, 18 carat at ₹11,197 and 14 carat at ₹8,709 per gram. Silver is priced at ₹265 per gram and platinum at ₹7,425 per gram.

At BHIMA, 22 carat gold is available at ₹13,399 per gram, while 24 carat is at ₹14,970 and 18 carat at ₹10,599. Silver stands at ₹229 per gram.

Abharan quotes 24 carat gold at ₹15,092 per gram, 22 carat at ₹13,835, 18 carat at ₹11,320 and 14 carat at ₹8,804. Silver is priced at ₹252.5 per gram.

At Jos Alukkas, 24 carat gold is priced at ₹14,924 per gram, 22 carat at ₹13,675 and 18 carat at ₹11,295 per gram.

Across cities, gold prices are largely moving within a narrow band. Chennai continues to quote slightly higher rates compared to other metros, while cities like Delhi and Kolkata remain marginally lower. However, the overall difference across locations is limited, indicating a stable nationwide pricing trend.

The broader trend suggests consolidation after a strong rally earlier this year. Supported by global uncertainty and safe-haven demand, gold continues to trade above key levels.

For Bengaluru buyers, prices have dipped slightly and are expected to remain stable within a range in the near term.