Gold prices today in your city: Check cost in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata

Gold prices today in your city: Check cost in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata on October 18

Gold prices today across major Indian cities show modest regional variation as retail rates reflect local taxes, premiums and the day’s bullion-market cues. This snapshot covers Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata for October 18. Use the city-wise 24K and 22K per-10g rates below to compare base metal prices; remember final retail bills will include making charges, hallmark premiums and any local levies that affect the cost consumers pay at jewellers.

City-wise Gold Prices (October 18, 2025)

City 24K (per 10g) 24K (per g) 22K (per 10g) 22K (per g)
New Delhi ₹139,230.80 ₹13,923.1 ₹127,628.23 ₹12,762.8
Mumbai ₹131,620.60 ₹13,162.1 ₹120,652.22 ₹12,065.2
Bengaluru ₹136,782.30 ₹13,678.2 ₹125,383.78 ₹12,538.4
Chennai ₹135,854.90 ₹13,585.5 ₹124,533.66 ₹12,453.4
Hyderabad ₹135,854.90 ₹13,585.5 ₹124,533.66 ₹12,453.4
Kolkata ₹135,854.90 ₹13,585.5 ₹124,533.66 ₹12,453.4

Quick Highlights

  • Highest 24K (per 10g): New Delhi at ₹139,230.80; Lowest 24K (per 10g): Mumbai at ₹131,620.60 among the headline cities.
  • 22K prices mirror 24K spreads: Delhi shows the top 22K rate (₹127,628.23 per 10g) while Mumbai and some western cities sit near the lower end (₹120,652.22 per 10g).
  • Many metros (Chennai, Hyderabad, Kolkata) are tightly clustered around ₹135,854–₹135,855 for 24K per 10g, indicating similar local premiums in those regions.
  • The gap between Delhi and Mumbai 24K base rates is ~₹7,610 per 10g — a material difference for sizeable purchases.

City Notes

  • New Delhi: Higher base rates often reflect heavier local demand and larger retail margins — check hallmarking and invoice breakdown carefully.
  • Mumbai: One of the more competitive markets on base price; negotiate making charges and confirm buy-back policies.
  • Bengaluru: Mid-to-high range pricing; look for certified BIS-hallmarked pieces to ensure purity.
  • Chennai: Stable pricing across stores; many customers prefer local trusted jewellers — verify making charge slabs for designs.
  • Hyderabad: Similar to Chennai/Kolkata — demand pockets around festivals can push premiums up.
  • Kolkata: Prices align with southern metros; always ask for complete invoices and hallmark details before payment.

What Drives Today’s Prices

  • Global spot gold: International bullion benchmarks set the base; bullion market direction overnight affects local open rates.
  • INR/USD movement: A weaker rupee raises import costs for gold, lifting domestic prices; a stronger rupee typically eases upward pressure.
  • Import duty and taxes: India’s import duty structure and state-level taxes add to the landed cost and can create regional variations.
  • MCX and domestic futures: Indian commodity exchanges influence dealer hedging and short-term retail pricing through futures-based cues.
  • Local demand and seasonal trends: Festivals, wedding seasons and regional demand spikes drive premiums and making-charge adjustments at the store level.

Buyer Tips

  • Prefer BIS hallmark: Always buy BIS-hallmarked jewellery (hallmark shows purity and assay centre); ask for a proper hallmark certificate.
  • Verify karatage: Check whether the piece is 24K (999) or 22K (916); 24K is purer but softer, 22K is more durable for daily wear.
  • Understand making charges: Making charges or wastage are added on top of metal rates; these vary by design and jeweller and are negotiable for plain items.
  • Check buy-back & invoice: Request a detailed invoice showing metal rate per gram, making charges and hallmark; clarify buy-back terms and rates before purchase.

FAQs

  • Q: Do daily gold rates include making charges?
    A: No — the published base rates are for metal only (per 10g); making charges, taxes and other fees are added at the point of sale.
  • Q: How can I confirm purity?
    A: Look for the BIS hallmark and karat stamp (e.g., 22K or 24K) and ask for an assay or certificate when purchasing.
  • Q: Are making charges standardized?
    A: No — making charges vary widely by jeweller, design complexity and city; compare quotes and negotiate on plain items.
  • Q: When is the best time to buy gold?
    A: Short-term timing is hard to predict; long-term buyers should focus on purity, total cost and need. For lower premiums, avoid peak festival or wedding seasons when demand pushes prices up.

Other Major Cities

City 24K (10g) / 22K (10g)
Ahmedabad ₹135,746.70 / ₹124,434.48
Pune ₹131,620.60 / ₹120,652.22
Surat ₹135,746.70 / ₹124,434.48
Jaipur ₹137,504.70 / ₹126,045.97
Nagpur ₹131,620.60 / ₹120,652.22
Nashik ₹131,620.60 / ₹120,652.22
Vadodara ₹135,746.70 / ₹124,434.48
Coimbatore ₹135,854.90 / ₹124,533.66
Visakhapatnam ₹135,854.90 / ₹124,533.66
Vijayawada ₹135,854.90 / ₹124,533.66
Mysore ₹136,782.30 / ₹125,383.78

Disclaimer: Rates vary by jeweller, locality, and time. Confirm locally before purchase.

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