Gold Rate Today on April 20 in Bangalore: IBJA Rates Trend Higher as 22k Bengaluru Gold Prices See Mild Dip

On the auspicious day of Akshaya Tritiya, Gold prices in Bangalore edged lower on April 20. 24K carat gold price is now priced at Rs 15,529 per gram, down by Rs 49, while 10 grams costs Rs 1,55,290, a drop of Rs 490. Meanwhile, 22K carat gold is at Rs 14,235 per gram, lower by Rs 45, and Rs 1,42,350 per 10 grams, down by Rs 450, according to data available. The dip is attributed to short-term global cues such as a firmer US dollar and mild profit booking after recent highs, while domestic demand has turned slightly cautious due to elevated price levels.

On April 20, 2026, according to the India Bullion and Jewellers Association (IBJA) rates, 24K gold (999 purity) is priced at ₹15,166 per gram, marking a notable uptick. Similarly, 995 purity gold stands at ₹15,105 per gram. The most commonly used jewellery grade, 22K gold (916 purity), is currently at ₹13,892 per gram, while 18K gold (750 purity) is priced at ₹11,374 per gram. Lower purity gold, such as 14K (585 purity), is available at ₹8,872 per gram.

Gold Rate Today Bangalore (20 April 2026): Check 22K & 24K Gold Prices

Gold prices in Bangalore on April 20, continue to remain strong, with 24K gold (99.9% purity) priced at ₹15,529 per gram and 22K gold (91.6% purity) at ₹14,235 per gram. Meanwhile, 18K gold (75.0% purity) is retailing at ₹11,647 per gram. Silver prices are currently at ₹275 per gram. These rates were last updated on April 20, 2026, based on data verified by IBJA, reflecting the latest market trends in the city.

Today's Gold & Silver Rates in Bangalore

Gold 24K (99.9% purity)
₹15,528 per gram
₹₹1,24,232 per 8 grams
₹₹1,55,290 per 10 grams

Gold 22K (91.6% purity)
₹14,235 per gram
₹1,13,880 per 8 grams
₹1,42,350 per 10 grams

Gold 18K (75.0% purity)
₹11,647 per gram
₹93,176 per 8 grams
₹1,16,470 per 10 grams

Silver (99.9% purity)
₹275 per gram
₹2,200 per 8 grams
₹2,75,000 per 1000 grams

What's Driving Gold Prices in India today?

Gold prices in India on April 20 are being influenced by clear global triggers that directly impact domestic rates.

1. Middle East Tensions Driving Oil Prices
Ongoing tensions involving the US and Iran are keeping crude oil prices volatile. Since India is a major oil importer, higher oil prices increase inflation and weaken the rupee - both of which push gold prices higher locally.

2. Weak Indian Rupee
The rupee has shown pressure against the US dollar. As gold is imported, a weaker rupee makes gold costlier in India, even if international prices don't rise sharply.

3. High Global Gold Prices
International gold prices are trading near elevated levels. Indian gold rates closely follow global trends, which is why domestic prices remain high.

4. US Interest Rate Uncertainty
There is still no clear signal on when global interest rates, especially in the US, will ease. This uncertainty is keeping investors inclined toward gold as a safe asset.

5. Post-Festival & Wedding Demand Still Active
Even after Akshaya Tritiya, baseline demand continues due to the ongoing wedding season. However, buyers are becoming selective due to high prices, with more focus on investment buying rather than heavy jewellery.

Considered an auspicious day for wealth and prosperity, Akshaya Tritiya typically boosts gold buying, with lower prices encouraging higher jewellery demand across the city.