Gold prices across India show modest variation on November 9, with today’s retail rates listed for 17 cities including Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada. This snapshot gives 24K and 22K prices per 10 grams (and per gram) to help retail buyers compare costs city by city. Use these figures as a reference — local jewellers may add making charges, taxes and buy-back terms that affect the final outlay.
City-wise Gold Prices
| City | 24K (per 10g) ₹ | 24K (per g) ₹ | 22K (per 10g) ₹ | 22K (per g) ₹ |
|---|---|---|---|---|
| Delhi | 130362.00 | 13036.2 | 119498.50 | 11949.9 |
| Mumbai | 123801.50 | 12380.2 | 113484.71 | 11348.5 |
| Bangalore | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Chennai | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Hyderabad | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Kolkata | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Ahmedabad | 127908.30 | 12790.8 | 117249.27 | 11724.9 |
| Pune | 123801.50 | 12380.2 | 113484.71 | 11348.5 |
| Surat | 127908.30 | 12790.8 | 117249.27 | 11724.9 |
| Jaipur | 129453.90 | 12945.4 | 118666.07 | 11866.6 |
| Nagpur | 123801.50 | 12380.2 | 113484.71 | 11348.5 |
| Nashik | 123801.50 | 12380.2 | 113484.71 | 11348.5 |
| Vadodara | 127908.30 | 12790.8 | 117249.27 | 11724.9 |
| Coimbatore | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Visakhapatnam | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Vijayawada | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
| Mysore | 127913.50 | 12791.4 | 117254.04 | 11725.4 |
Quick Highlights
- Highest 24K: Jaipur posts the highest 24K retail quote at ₹129,453.90 per 10g (₹12,945.4 per g).
- Lowest 24K: Cities such as Mumbai, Pune, Nagpur and Nashik quote the lowest 24K at ₹123,801.50 per 10g (₹12,380.2 per g).
- Tight cluster: Many South and East Indian cities (Bengaluru, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) cluster around ₹127,913.50 per 10g.
- Notable spread: The gap between the highest and lowest 24K rate is roughly ₹6,652.40 per 10g (Jaipur vs Mumbai), which can materially affect large purchases.
City Notes
- Delhi: Expect premium pricing in central markets; verify BIS hallmark and invoice details for buy-back.
- Mumbai: Competitive pricing in wholesale corridors; compare making charges across jewellers.
- Bangalore: Strong retail demand; ask for certified purity and shop-specific warranties.
- Chennai: Traditional designs command higher making charges during festival seasons.
- Hyderabad: Look for established stores offering transparent wastage and buy-back policies.
- Kolkata: Request BIS certificate and check weight tolerance on the invoice.
- Ahmedabad: Large jewellery clusters—negotiate making charges, especially for bespoke pieces.
- Pune: Regional competition keeps premiums moderate; confirm final tax treatment on bill.
- Surat: Centre for manufacturing—some retailers may offer lower making charges for ready designs.
- Jaipur: Slightly higher quoted rates—consider verified shops for gemstone-set jewellery.
- Nagpur: Compare local offers; hallmark and return policy are key.
- Nashik: Retailers sometimes bundle discounts on festivals—read the invoice for exact charges.
- Vadodara: Established jewellers with transparent hallmarking are preferable for big purchases.
- Coimbatore: Check for designer markups on intricate workmanship.
- Visakhapatnam: Coastal demand patterns may affect short-term premiums.
- Vijayawada: Verify the making charge basis (percentage vs fixed) before committing.
- Mysore: Trusted local jewellers can offer competitive buy-back options.
What Drives Today’s Prices
- Global spot gold: International bullion rates set the base for domestic quotes.
- INR/USD movement: A weaker rupee raises local rupee prices even if global rates are stable.
- Import duties and taxes: Customs duty and GST components directly influence retail pricing.
- MCX and futures cues: Domestic futures trading on MCX affects short-term retail rate adjustments by jewellers.
- Local demand and festivals: Regional buying during festive or wedding seasons can push up premiums and making charges.
Buyer Tips
- Prefer BIS hallmark; insist on the BIS hallmark and certificate to confirm purity and seller credibility.
- 24K vs 22K: 24K is purer but softer—22K offers better durability for daily-wear jewellery.
- Making charges and wastage: These are often a larger portion of the final price—clarify how they are calculated (fixed vs percentage).
- Check buy-back terms: Get buy-back, return and exchange terms in writing on the invoice.
- Invoice details: Ensure weight, gross/net, hallmark, making charges and GST are itemised.
FAQs
- Q: Why do rates differ between cities on the same day? A: Local premiums, making charges, and currency conversion spreads cause city-to-city differences despite a common global base.
- Q: How do I verify purity? A: Check for the BIS hallmark, karat stamp (22K/24K) and request a stamped invoice; avoid uncertified sellers.
- Q: Are making charges negotiable? A: Often yes—especially on crafted pieces or in markets with competition; always ask for a breakdown.
- Q: When is the best time to buy gold? A: For price-sensitive buyers, watch MCX and global spot trends; avoid peak festival surges when premiums rise.
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.

