Gold prices in key Indian cities on October 29: Retail gold was steady with modest differences across regional markets. This snapshot covers Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada (headline cities) and lists other major centres where local premiums and making charges can shift final retail bills. The table below shows 24K and 22K rates per 10 grams and per gram (rounded to 1 decimal for per-gram values) based strictly on the provided city quotes.
City-wise Gold Prices: City,22k_10gm,24k_10gm
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Ahmedabad | ₹126,957.00 | ₹12,695.7 | ₹116,377.25 | ₹11,637.7 |
| Pune | ₹122,948.90 | ₹12,294.9 | ₹112,703.16 | ₹11,270.3 |
| Jaipur | ₹128,592.00 | ₹12,859.2 | ₹117,876.00 | ₹11,787.6 |
| Nashik | ₹122,948.90 | ₹12,294.9 | ₹112,703.16 | ₹11,270.3 |
| Coimbatore | ₹126,962.10 | ₹12,696.2 | ₹116,381.92 | ₹11,638.2 |
| Vijayawada | ₹126,962.10 | ₹12,696.2 | ₹116,381.92 | ₹11,638.2 |
Quick Highlights
- Highest 24K (10g): Delhi (₹129,410.70) — not in headline table but the dataset’s top quote overall.
- Lowest 24K (10g) among headline cities: Pune and Nashik at ₹122,948.90.
- Across cities rates cluster in a relatively narrow band (roughly ₹122k–₹129k for 24K per 10g across dataset), indicating modest regional variation today.
- Typical spread between 24K and 22K in these quotes is about ₹9.5k–₹11k per 10g, reflecting the raw purity differential before local premiums.
City Notes
- Ahmedabad: Strong jewellery demand; confirm hallmarks and ask for detailed making-charge slabs on designs.
- Pune: Competitive retail market — compare making charges; some shops offer lower premiums on standard designs.
- Jaipur: Trade hub for gemstone jewellery — check hallmark and stone certification for bespoke pieces.
- Nashik: Local jewellers may offer festival-season schemes; verify buy-back and purity documentation.
- Coimbatore: Large jewellery cluster — negotiate making charges on heavier pieces; insist on BIS hallmark.
- Vijayawada: Jewellery demand varies with local festivals; confirm both karat mark and net weight on invoice.
What Drives Today’s Prices
- Global bullion spot prices: International spot gold (USD/oz) is the base; import parity guides domestic quotes.
- INR/USD exchange moves: A weaker rupee raises local INR prices even if global gold is flat; a firmer rupee can soften local retail rates.
- Import duty and taxes: Customs duty and GST on jewellery/making add to final retail cost and influence premiums charged by jewellers.
- MCX and futures cues: Domestic futures activity can shape near-term retailer pricing expectations and inventory re-pricing.
- Local demand and festival seasonality: Regional demand spikes, inventory positions and retailer competition can widen or tighten local premiums.
Buyer Tips
- Prefer BIS hallmark: Always buy hallmarked gold (BIS 711 standard) and check the karat mark (22K/24K) and jeweller’s identification.
- 24K vs 22K: 24K is pure and softer — better for coins/bars; 22K is alloyed for durability and is the common retail jewellery standard in India.
- Making charges & wastage: These are added on top of metal value and vary by design, weight and jeweller; ask for a rate-per-gram breakdown and total making cost in writing.
- Buy-back & invoice: Clarify buy-back/net resale terms, T&C, and ensure invoice lists gross weight, net gold weight, making charge and hallmark details.
FAQs
- Q: Are these rates final retail prices? A: These are metal-rate quotes per 10g; final retail bills will include making charges, GST and any local premiums — confirm with the jeweller.
- Q: How do I verify purity? A: Check for the BIS hallmark, karat stamp (22K/24K) and insist on a printed invoice showing these details.
- Q: What are making charges? A: Making charges cover workmanship and vary by design complexity and retailer policy — they can be fixed or slab-based per gram and are negotiable in many markets.
- Q: When is the best time to buy gold? A: From a price perspective, buy when global spot gold and the rupee are relatively stable or favourable; from a personal perspective, buy when you need it or during trusted retail offers where overall cost (including making) is favourable.
Other Major Cities
| City | 24K (10g) / 22K (10g) |
|---|---|
| Delhi | ₹129,410.70 / ₹118,626.47 |
| Mumbai | ₹122,948.90 / ₹112,703.16 |
| Bangalore | ₹126,962.10 / ₹116,381.92 |
| Chennai | ₹126,962.10 / ₹116,381.92 |
| Hyderabad | ₹126,962.10 / ₹116,381.92 |
| Kolkata | ₹126,962.10 / ₹116,381.92 |
| Surat | ₹126,957.00 / ₹116,377.25 |
| Nagpur | ₹122,948.90 / ₹112,703.16 |
| Vadodara | ₹126,957.00 / ₹116,377.25 |
| Visakhapatnam | ₹126,962.10 / ₹116,381.92 |
| Mysore | ₹126,962.10 / ₹116,381.92 |
Disclaimer: 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.

