Gold prices across major Indian cities are steady on October 20, 2025, with 24K and 22K rates showing modest variations city-to-city. This snapshot covers Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata and other metro and regional centres, presenting per-10-gram and per-gram retail rates for buyers. Use these figures as a guide — remember local premiums, making charges and hallmarking affect the final invoice at jewellers.
City-wise Gold Prices (October 20, 2025)
City | 24K (per 10g) ₹ | 24K (per g) ₹ | 22K (per 10g) ₹ | 22K (per g) ₹ |
---|---|---|---|---|
New Delhi | 139,514.20 | 13,951.4 | 127,888.02 | 12,788.8 |
Mumbai | 131,879.20 | 13,187.9 | 120,889.27 | 12,088.9 |
Bengaluru | 137,065.70 | 13,706.6 | 125,643.56 | 12,564.4 |
Chennai | 136,138.30 | 13,613.8 | 124,793.44 | 12,479.3 |
Hyderabad | 136,138.30 | 13,613.8 | 124,793.44 | 12,479.3 |
Kolkata | 136,138.30 | 13,613.8 | 124,793.44 | 12,479.3 |
Ahmedabad | 136,030.10 | 13,603.0 | 124,694.26 | 12,469.4 |
Pune | 131,879.20 | 13,187.9 | 120,889.27 | 12,088.9 |
Surat | 136,030.10 | 13,603.0 | 124,694.26 | 12,469.4 |
Jaipur | 137,788.10 | 13,778.8 | 126,305.76 | 12,630.6 |
Nagpur | 131,879.20 | 13,187.9 | 120,889.27 | 12,088.9 |
Nashik | 131,879.20 | 13,187.9 | 120,889.27 | 12,088.9 |
Vadodara | 136,030.10 | 13,603.0 | 124,694.26 | 12,469.4 |
Coimbatore | 136,138.30 | 13,613.8 | 124,793.44 | 12,479.3 |
Visakhapatnam | 136,138.30 | 13,613.8 | 124,793.44 | 12,479.3 |
Vijayawada | 136,138.30 | 13,613.8 | 124,793.44 | 12,479.3 |
Mysore | 137,065.70 | 13,706.6 | 125,643.56 | 12,564.4 |
Quick Highlights
- Highest 24K (10g): New Delhi at ₹139,514.20; Lowest 24K (10g): Mumbai/Pune/Nagpur/Nashik at ₹131,879.20.
- Highest 22K (10g): New Delhi at ₹127,888.02; Lowest 22K (10g): Mumbai/Pune/Nagpur/Nashik at ₹120,889.27.
- City rates cluster tightly around ₹13,600–13,800 per gram for 24K and ₹12,400–12,650 per gram for 22K in many metros, indicating uniform national pricing with local premiums.
- Spread between top and bottom 24K city prices is roughly ₹7,635 per 10g, reflecting local taxes, logistics and jeweller margins.
City Notes
- New Delhi: Higher listed rates — expect modest urban premium and robust retail demand at markets such as Karol Bagh and Chandni Chowk.
- Mumbai: Competitive pricing in South Mumbai and suburbs; compare quotes across established jewellers.
- Bengaluru: Strong demand for both investment coins and bridal jewellery; check hallmarking and GST breakup.
- Chennai: Consistent regional premiums—verify seller invoices for making charges.
- Hyderabad: Good availability of 22K traditional jewellery; confirm buy-back policies.
- Kolkata: Historic market for gold — negotiate making charges on bespoke pieces.
- Ahmedabad: Active local trade; insist on BIS hallmark for resale value.
- Pune: Prices align with Mumbai; compare store offers and festive discounts carefully.
- Surat: Hub for manufacturing — may offer better making charge structures for bulk buys.
- Jaipur: High demand for gemstone-set gold; check combined pricing for stones and gold separately.
- Nagpur / Nashik: Cluster pricing with Maharashtra metros; confirm local taxes and GST components.
- Vadodara: Regional premiums similar to Gujarat markets; check certification for bridal purchases.
- Coimbatore / Mysore / Visakhapatnam / Vijayawada: Regional markets with steady demand—verify hallmark and buy-back terms when buying traditional designs.
What Drives Today’s Prices
- Global spot gold: International bullion rates set the base price for domestic retail, translated into INR.
- INR/USD moves: A weaker rupee raises local rupee price; even small forex swings affect retail rates.
- Import duty and taxes: Customs duty, IGST and local taxes add to landed cost and retail premiums.
- MCX and domestic futures: Exchange and forward market activity influences spot and retail pricing trends.
- Local demand & seasonality: Festivals, wedding season and jewellery buying windows push premiums up in specific cities.
Buyer Tips
- Prefer BIS hallmark: Always buy hallmarked pieces (BIS stamp) and verify karatage (e.g., 22K / 916 stamp).
- 24K vs 22K: 24K (999) is pure and softer — ideal for investment and bangles in some regions; 22K (916) is more durable for ornament wear.
- Making charges & wastage: These are separate from metal rate and vary widely — ask for a written breakup and compare fixed vs percentage-based making fees.
- Buy-back & invoice: Get a clear buy-back policy, original invoice and hallmark certificate to preserve resale value.
FAQs
- Q: Are these the prices jewellers will charge right now?
A: These are indicative retail rates per 10g; jewellers may add making charges, local premiums and offer discounts — confirm at point of sale. - Q: How can I verify gold purity?
A: Look for the BIS hallmark and karat/purity stamp (e.g., 22K or 916); request a certificate for higher-value items. - Q: What are making charges and why do they vary?
A: Making charges cover craftsmanship and vary by design complexity, store policy and region; they are often negotiable for plain jewellery or bulk purchases. - Q: When is the best time to buy gold?
A: Prices fluctuate daily—many buyers target periods of lower international spot prices or buy during discounts offered by retailers; for occasions, plan ahead rather than last-minute purchases to avoid premiums.
Rates vary by jeweller, locality, and time. Confirm locally before purchase.
I am G S Sachin, a gemologist with a Diploma in Polished Diamond Grading from KGK Academy, Jaipur. I love writing about jewelry, gems, and diamonds, and I share simple, honest reviews and easy buying tips on JewellersReviews.com to help you choose pieces you’ll love with confidence.