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 Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada on October 20

Gold rates across Indian cities on October 20 show modest regional variation, with retail 24K prices ranging from around ₹1,31,879 to ₹1,39,514 per 10 grams. This report covers rates in Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada and other headline cities, giving per‑10g and per‑gram figures for both 24K and 22K bars/jewellery. The table below helps retail buyers compare local premiums and make informed purchase or sale decisions amid steady international cues and typical festival‑season demand in parts of the country.

City-wise Gold Prices

City 24K (per 10g) 24K (per g) 22K (per 10g) 22K (per g)
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
Bangalore ₹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 retail 24K (per 10g) in this list: Delhi at ₹139,514.20; lowest 24K group is seen in Mumbai/Pune/Nagpur at ₹131,879.20.
  • 22K follows the same pattern: highest in Delhi (₹127,888.02) and lowest in Mumbai/Pune/Nagpur (₹120,889.27).
  • Many South and East cities (Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada) show tight clustering near ₹136,138 (24K) and ₹124,793 (22K), suggesting similar local premiums.
  • Spread between top and bottom 24K in the table is about ₹7,635 per 10g — meaningful for larger purchases or investment bars.

City Notes

  • Delhi: Higher base rates and premiums—check for certified BIS hallmark and compare shop-to-shop quotes.
  • Mumbai: Competitive market; good for negotiating making charges on jewellery.
  • Bangalore: Strong retail demand; expect standard regional premiums and branded-store markups.
  • Chennai: Consistent pricing; verify invoice details and hallmark for larger ornaments.
  • Hyderabad: Good array of private jewellers—compare buy‑back terms.
  • Kolkata: Shop around for better making charges, especially for traditional designs.
  • Ahmedabad: Large jewellery market; be mindful of design‑specific premiums on bridal pieces.
  • Pune: Similar to Mumbai—competitive pricing, especially in daytime trading hours.
  • Surat: Strong manufacturing hub—occasionally better pricing for plain gold and bulk buys.
  • Jaipur: Premiums can be higher on intricate kundan/jadau work—check purity documentation.
  • Nagpur: Competitive retail rates; confirm hallmark and buy-back clauses.
  • Nashik: Local demand mixed; compare offers from established chains.
  • Vadodara: Jewellery hubs nearby; look for festival discounts but verify hallmarking.
  • Coimbatore: Consistent with South Indian price brackets; check for design-related making charges.
  • Visakhapatnam: Modest premiums—confirm karat and net weight at purchase time.
  • Vijayawada: Local jewelers may offer competitive terms for repeat customers.
  • Mysore: Traditional demand for temple jewellery—expect higher making charges on ornate pieces.

What Drives Today’s Prices

  • Global spot gold: Moves on COMEX/London benchmarks affect domestic base rates.
  • INR/USD exchange: A weaker rupee raises import costs and retail gold prices; a stronger rupee eases them.
  • Import duties and taxes: Government levies, GST and local taxes embed into retail pricing and margins.
  • MCX futures: Domestic futures and short-term hedging by jewellers influence retail quote updates.
  • Local demand & festivals: Seasonal buying (weddings, festivals) pushes premiums and making charges higher in busy periods.

Buyer Tips

  • Prefer BIS hallmark: Always buy BIS‑hallmarked gold (hallmark number on invoice) to ensure purity and for easier resale or buy‑back.
  • 24K vs 22K: 24K (999) is pure but softer—better for coins/bars; 22K (916) is common for jewellery due to durability.
  • Making charges & wastage: These are added to the metal value and vary by design and store—get a written breakup before purchase.
  • Buy‑back terms: Confirm buy‑back rate and whether the jeweller pays metal value only or includes making charges.
  • Invoice details: Ensure karatage, gross/net weight, making charges, GST and hallmark details are on the bill.

FAQs

  • Q: Are these rates applicable to both jewellery and bars?
    A: These are base metal rates per 10g; jewellers add making charges/markups for jewellery—bars/coins may be closer to the quoted metal price.
  • Q: How often do retail rates change?
    A: Retail rates can change intraday with global spot moves and rupee fluctuations; most jewellers update prices at least once a day.
  • Q: What does the BIS hallmark guarantee?
    A: BIS hallmark certifies gold purity and typically includes carat, jeweller identification and year of marking—use it to verify authenticity.
  • Q: When is the best time to buy gold?
    A: Long-term investors follow dollar/spot trends; retail buyers often look for lower local premiums or festival/seasonal discounts—avoid impulse buying at peak festival markups.

Disclaimer

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

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