Snapshot: Gold rates for retail buyers across major Indian cities show modest variation on November 9, 2025. This update covers Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata, with additional city-level figures listed below. Prices are presented per 10 grams for 24K and 22K gold (with per‑gram conversions). Retail premiums, local demand and making charges can shift the cash price you pay at a jeweller, so use these reference rates when comparing offers.
City-wise Gold Prices (November 9, 2025)
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Mumbai | ₹123,801.50 | ₹12,380.2 | ₹113,484.71 | ₹11,348.5 |
| Bengaluru | ₹127,913.50 | ₹12,791.4 | ₹117,254.04 | ₹11,725.4 |
| Chennai | ₹127,913.50 | ₹12,791.4 | ₹117,254.04 | ₹11,725.4 |
| Hyderabad | ₹127,913.50 | ₹12,791.4 | ₹117,254.04 | ₹11,725.4 |
| New Delhi | ₹130,362.00 | ₹13,036.2 | ₹119,498.50 | ₹11,949.9 |
| Kolkata | ₹127,913.50 | ₹12,791.4 | ₹117,254.04 | ₹11,725.4 |
Quick Highlights
- Highest 24K (per 10g): New Delhi at ₹130,362.00; Lowest: Mumbai/Pune/Nagpur/Nashik at ₹123,801.50.
- 22K rates range narrowly from about ₹113,484.71 (Mumbai/Pune/Nagpur/Nashik) to ₹119,498.50 (New Delhi), showing modest city spreads.
- South and east metros (Bengaluru, Chennai, Hyderabad, Kolkata) share identical listed rates, indicating uniform pricing among several regional hubs.
City Notes
- Mumbai: Large jewellery market — expect competitive making charges but verify hallmarking and buy‑back policies.
- Bengaluru: Strong retail demand for 22K bridal pieces; ask for net weight and hallmark stamp on invoice.
- Chennai: Traditional designs common; check for state‑level VAT or local surcharges on top of listed rate.
- Hyderabad: Popular for bespoke jewellery — get a written estimate of making charges and delivery time.
- New Delhi: Highest quoted 24K — expect slightly higher premiums in central markets and for certified pieces.
- Kolkata: Consistent regional pricing; confirm the exact BIS hallmark and GST breakup on invoices.
What Drives Today’s Prices
- Global spot gold: International bullion rates set the base on which local prices are built.
- INR/USD moves: Dollar strength or weakness versus the rupee alters import cost and local rupee pricing.
- Import duty & taxes: Customs duty, GST and local levies add to the landed retail price in India.
- MCX futures and local trading: Domestic exchange cues influence short‑term retail quotes and jewellers’ hedging costs.
- Local demand & festivals: Seasonal buying (weddings, festivals) often raises jewellery premiums and making charges.
Buyer Tips
- Prefer BIS hallmark: Always buy hallmark‑stamped jewellery and verify the karat mark (22K/24K) on the piece and invoice.
- 24K vs 22K: 24K is pure but softer; 22K is alloyed for durability — choose based on use (ornamental vs daily wear).
- Making charges & wastage: These are separate from metal price; insist on a written breakup (labour, wastage, stone costs).
- Buy‑back & resale: Check the jeweller’s buy‑back policy and whether they quote gross or net weight for repurchase.
- Compare invoices: Confirm GST, hallmark details, net weight and signature before payment.
FAQs
- Q: Are these rates per 10g final shop prices?
A: These are base metal rates per 10g; actual shop prices include making charges, hallmark premiums and taxes. - Q: How to confirm purity?
A: Look for the BIS hallmark (karat and hallmarked logo) and ask for a detailed invoice with net gold weight. - Q: What are making charges?
A: Labour and design costs charged by the jeweller; they vary by design complexity and shop policy and are usually non‑negotiable. - Q: When is the best time to buy?
A: Short‑term timing is hard to predict; consider buying during lower international spot prices, or when local premiums fall — compare multiple jewellers.
Other Major Cities
| City | 24K (10g) / 22K (10g) |
|---|---|
| Ahmedabad | ₹127,908.30 / ₹117,249.27 |
| Pune | ₹123,801.50 / ₹113,484.71 |
| Surat | ₹127,908.30 / ₹117,249.27 |
| Jaipur | ₹129,453.90 / ₹118,666.07 |
| Nagpur | ₹123,801.50 / ₹113,484.71 |
| Nashik | ₹123,801.50 / ₹113,484.71 |
| Vadodara | ₹127,908.30 / ₹117,249.27 |
| Coimbatore | ₹127,913.50 / ₹117,254.04 |
| Visakhapatnam | ₹127,913.50 / ₹117,254.04 |
| Vijayawada | ₹127,913.50 / ₹117,254.04 |
| Mysore | ₹127,913.50 / ₹117,254.04 |
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.

