Gold prices today in your city: Check cost in Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada on October 28

Snapshot for October 28: Retail gold rates across major Indian cities show modest variation today, with 24K prices ranging from around ₹123,923.90 to ₹130,099.80 per 10 grams. This report covers city-wise retail rates for Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, Pune, Surat, Jaipur, Nagpur, Nashik, Vadodara, Coimbatore, Visakhapatnam, Vijayawada and Mysore. Use these benchmarks when comparing quotes from local jewellers; remember final bill includes making charges, hallmarking and any local premiums.

City-wise Gold Prices

City	24K (per 10g)	24K (per g)	22K (per 10g)	22K (per g)
Delhi	₹130,099.80	₹13,010.0	₹119,258.15	₹11,925.8
Mumbai	₹123,923.90	₹12,392.4	₹113,596.91	₹11,359.7
Bangalore	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Chennai	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Hyderabad	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Kolkata	₹127,702.60	₹12,770.3	₹117,060.72	₹11,706.1
Ahmedabad	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Pune	₹123,923.90	₹12,392.4	₹113,596.91	₹11,359.7
Surat	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Jaipur	₹129,525.90	₹12,952.6	₹118,732.07	₹11,873.2
Nagpur	₹123,923.90	₹12,392.4	₹113,596.91	₹11,359.7
Nashik	₹123,923.90	₹12,392.4	₹113,596.91	₹11,359.7
Vadodara	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Coimbatore	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Visakhapatnam	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Vijayawada	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4
Mysore	₹127,651.20	₹12,765.1	₹117,013.60	₹11,701.4

Quick Highlights

• Highest 24K: Delhi at ₹130,099.80 per 10g; Lowest 24K: Mumbai/Pune/Nagpur/Nashik at ₹123,923.90 per 10g.
• 22K follows the same pattern: Delhi leads at ₹119,258.15 per 10g while the Mumbai group is lowest at ₹113,596.91 per 10g.
• Most cities cluster tightly around ₹127,650 per 10g for 24K and ~₹117,014 per 10g for 22K, reflecting similar local pricing and margins.
• The full-range spread between the highest and lowest 24K quoted here is about ₹6,175.90 per 10g (≈₹617.6 per gram), a meaningful difference for larger purchases.

City Notes

• Delhi: Expect slightly higher retail premiums in premium markets; compare hallmark and buy-back offers.
• Mumbai: Strong competition in jewellery markets can mean tighter pricing and negotiable making charges.
• Bangalore: Good mix of branded and local jewellers—verify hallmarking at point of sale.
• Chennai: Traditional designs dominate; check wastage/making charge norms before purchase.
• Hyderabad: Look for certified dealer outlets if buying antique or intricate jewellery.
• Kolkata: Ask for detailed invoices—city often has active gold-buyback practices.
• Ahmedabad: Competitive local markets; confirm BIS hallmark and net weight on bill.
• Pune: Compare quotes across chains and family jewellers for festival-season deals.
• Surat: Industrial jewellery hub—check workmanship and hallmark carefully for heavy pieces.
• Jaipur: Tourist demand can push premiums—locally sourced pieces may offer value if certified.
• Nagpur: Regional demand patterns can influence making charges; always ask for a breakdown.
• Nashik: Smaller markets may have higher margins on small-ticket items—negotiate on making charges.
• Vadodara: Trusted local dealers often provide transparent buy-back; get terms in writing.
• Coimbatore: Check hallmarked jewellery especially for bridal purchases where durability matters.
• Visakhapatnam: Coastal demand pockets; verify purity and net weight before paying.
• Vijayawada: Compare branded-store and local-store rates—making charges vary widely.
• Mysore: Boutique jewellers may charge a premium for designer pieces; prioritize hallmarking.

What Drives Today’s Prices

• Global spot gold: International bullion rates set the baseline; local prices track London/COMEX moves.
• INR/USD exchange: A weaker rupee raises import-costs, pushing retail rates higher; a stronger rupee eases pressure.
• Import duty & taxes: Customs duty and GST influence landed cost and final retail pricing.
• MCX futures and local liquidity: Domestic futures cues and dealer inventory positions affect daily retail quotes.
• Local demand/supply: Festivals, weddings and seasonal buying patterns can widen premiums and making charges.

Buyer Tips

• Prefer BIS hallmark: Buy hallmark-stamped items (BIS hallmark in India) and check the karat marking on the piece and invoice.
• 24K vs 22K: 24K is pure and softer—better for coins/bars; 22K balances purity with durability and is commonly used for jewellery.
• Making charges & wastage: These are added on top of metal value; they vary by design complexity and jeweller—get a written breakup.
• Check buy-back and exchange terms: If you plan to sell or upgrade, confirm buy-back rates, deductions and processing rules in writing.
• Verify net weight and invoice details: Ensure gross/net weights, hallmark, making charges and GST are clearly listed before payment.

FAQs

• Q: Do these rates include making charges?
  A: No. The quoted rates are metal prices per 10g; making charges, GST and local premiums are extra and vary by jeweller.
• Q: How often do retail rates change?
  A: Retail rates can change multiple times a day with international bullion moves and exchange-rate shifts; check live quotes at the time of purchase.
• Q: How can I confirm purity?
  A: Look for the BIS hallmark and karat stamp on the jewellery and ensure the dealer provides a detailed invoice with purity noted.
• Q: When is the best time to buy gold?
  A: Financially, buying during dips in spot prices and when the rupee is stable/strong is preferable; for emotional/ceremonial purchases, prioritize trusted jewellers and clear invoicing.

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