Gold prices in Bangalore jumped on July 11th with 24K gold price rising by Rs 2,200 per 100 grams.

Silver prices also rose by Rs 1,000 per kilogram on July 11th.

 The price increase is attributed to a weakening dollar and anticipation of inflation data.

Investors are looking to the US CPI data to determine when the Federal Reserve will cut interest rates.

In Bangalore, 24K gold increased by Rs 2,200 per 100 grams to Rs 734,200.

The price of 10 grams of 24K gold in Bangalore is Rs 73,420.

 The price of 22K gold in Bangalore also increased by Rs 2,000 per 100 grams.

The price of 10 grams of 22K gold in Bangalore is Rs 67,300.

The price of 18K gold in Bangalore also increased by Rs 1,600 per 100 grams.

The price of 10 grams of 18K gold in Bangalore is Rs 55,060.