In Bangalore, gold rate are decided by International trends. Gold prices is a wide range of factors ,highly dynamic and it is purchased for ornaments and jewelry. Gold is a traded in exchange of commodity like Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange (NCDEX) and National Spot Exchange (NSEL). Gold is an investment for consumers in Bangalore. They are more small and large dealers in Bangalore, it is exclusive for precious metals and form local gold industry.
Gold Rate in Bangalore Today (per gram)
|Date||22 Carat Gold Rate/Gram||24 Carat Gold Rate/Gram|
|₹ 4710/Gram()||₹ 5138/Gram()|
How Gold is Formed:-
In Earth, all the gold is formed in supernovae and neutron star collision before solar system formed. During the formation of planets, gold sank into the Earth. By the process of fission, fusion or radioactive decay it is possible to form gold.
Gold cannot synthesized by the sun during the nuclear fusion. Many gold are found in rock ores and it occurs as flakes and silver alloy electron. It is not simple by adding or removing protons from other elements, to form gold. The most common method is add neutrons to another element.