Stories
Gold prices drop significantly in a single day
- •Gold prices registered a notable drop in Bengaluru on October 14, bringing relief to buyers
- •The price of 24-carat gold dropped to 14,826 rupees per gram and 22-carat gold to 13,590 rupees per gram
- •The price drop comes as a welcome relief with the festival and wedding seasons approaching
- •Gold prices fluctuate based on international markets, production costs, supply, and global economic conditions
- •Buyers are advised to check purity, hallmarks, and compare prices across trusted stores before making a purchase
Key Questions Answered
On October 14, 2026, gold prices in Bengaluru dropped significantly. The price for 24-carat gold is ₹14,826 per gram (₹1,48,260 for 10 grams), 22-carat gold is ₹13,590 per gram (₹1,35,900 for 10 grams), and 18-carat gold is ₹11,119 per gram (₹1,11,190 for 10 grams).
Gold prices are determined by several economic factors rather than arbitrary decisions. Key drivers include global supply and production levels, mining production costs, the international market, the value of the US dollar, the global economic situation, and domestic demand within India.
Buyers should verify gold purity, look for official hallmarks, and choose trusted or government-certified stores. It is recommended to compare prices across multiple shops, understand any applicable making charges, and consider that bars or coins may offer better profitability for investments than jewelry.
