Snapshot: Gold prices across major Indian cities on November 5, 2025 show a modest spread between top and lower regional rates as local premiums and currency movement influence retail quotes. This report covers Mumbai, Bengaluru (Bangalore), Chennai, Hyderabad, New Delhi (Delhi), Kolkata and other key urban markets, giving per‑10g and per‑gram rates for both 24K and 22K bars/jewellery to help retail buyers compare and plan purchases.
City-wise Gold Prices (November 5, 2025)
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Delhi | ₹129,543.40 | ₹12,954.3 | ₹118,748.12 | ₹11,874.8 |
| Mumbai | ₹123,382.90 | ₹12,338.3 | ₹113,100.99 | ₹11,310.1 |
| Bangalore | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Chennai | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Hyderabad | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Kolkata | ₹127,002.20 | ₹12,700.2 | ₹116,418.68 | ₹11,641.9 |
| Ahmedabad | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Pune | ₹123,382.90 | ₹12,338.3 | ₹113,100.99 | ₹11,310.1 |
| Surat | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Jaipur | ₹129,020.90 | ₹12,902.1 | ₹118,269.16 | ₹11,826.9 |
| Nagpur | ₹123,382.90 | ₹12,338.3 | ₹113,100.99 | ₹11,310.1 |
| Nashik | ₹123,382.90 | ₹12,338.3 | ₹113,100.99 | ₹11,310.1 |
| Vadodara | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Coimbatore | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Visakhapatnam | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Vijayawada | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
| Mysore | ₹127,094.80 | ₹12,709.5 | ₹116,503.57 | ₹11,650.4 |
Quick Highlights
- Highest 24K (10g): Delhi at ₹129,543.40; Lowest 24K (10g): Mumbai/Pune/Nagpur/Nashik at ₹123,382.90.
- 22K rates follow the same pattern — Delhi and Jaipur show top retail quotes while several southern and western centres cluster tightly around ₹116,503.57 per 10g (22K).
- Overall city‑to‑city spreads are modest, suggesting similar local premiums and relatively uniform retail pricing across urban markets today.
City Notes
- Delhi: Higher retail premiums in busy jewellery hubs; verify hallmark on purchase.
- Mumbai: Competitive pricing in main markets — shop around for lower making charges.
- Bangalore: Steady rates; branded stores may charge higher making fees for design pieces.
- Chennai: Strong demand for traditional 22K jewellery during local festivals; confirm wastage charges.
- Hyderabad: Look for certified pieces from reputed jewellers to avoid purity disputes.
- Kolkata: Slightly lower 22K per‑gram relative to Delhi; check buy‑back policies.
- Ahmedabad: Large local manufacturing base — good bargaining on custom pieces.
- Pune: City follows Mumbai pricing; smaller retailers may offer better negotiation on making charges.
- Surat: Jewellery manufacturing hub — competitive rates for plain gold and wedding pieces.
- Jaipur: Higher 24K quotes; popular for gemstone‑set jewellery — check net billing.
- Nagpur: Mirrors Mumbai pricing; ensure BIS hallmark on 22K items.
- Nashik: Similar to Nagpur — compare certified jewellers for honest wastage charges.
- Vadodara: Competitive manufacturing centre pricing; ask for detailed invoice breakdown.
- Coimbatore: Consistent with region; check for seasonal offers from local chains.
- Visakhapatnam: Regional demand can push making charges up for bridal designs.
- Vijayawada: Local jewellers often provide flexible buy‑back for regular customers.
- Mysore: Stable retail scene — prefer BIS‑stamped jewellery for resale value.
What Drives Today’s Prices
- Global spot gold: International bullion moves set base metal value that retail prices track.
- INR‑USD exchange rate: A weaker rupee raises local gold costs even if international prices are flat.
- Import duty & taxes: Customs duty and GST on jewellery influence final consumer prices and margins.
- MCX & domestic futures: Local exchange cues and hedging costs affect dealer inventory pricing.
- Local demand & festivals: Seasonal buying, weddings and stock availability shape premiums and making charges.
Buyer Tips
- Prefer BIS hallmark: Always buy BIS‑hallmarked gold and verify the karatage stamp (22K/24K).
- 24K vs 22K: 24K is pure but softer; 22K is alloyed, more durable for daily‑wear jewellery — choose by use case.
- Making charges & wastage: These are separate from metal value and vary widely — ask for a written breakup.
- Check buy‑back & invoice: Confirm buy‑back rates, hallmark details and obtain a proper invoice with GST details.
FAQs
- Q: Are these rates for jewellery or bullion?
A: The table shows retail quotes typically used for bullion and base metal pricing; jewellery invoices will add making charges and GST. - Q: How often do daily rates change?
A: Gold rates can move multiple times a day with global spot prices and currency swings; check rates just before purchase. - Q: What does BIS hallmark indicate?
A: BIS hallmark certifies purity (e.g., 22K, 24K) and helps ensure you are buying the declared karatage. - Q: Is it cheaper to buy 22K or 24K?
A: 22K jewellery is priced lower for the metal content and is more durable; final cost depends on making charges and local 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.