Gold prices today in your city: Check cost in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata

Gold prices today in your city: Check cost in Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada on November 11

The following snapshot shows retail gold rates across major Indian cities for November 11. Prices are quoted per 10 grams for 24K and 22K gold (with per‑gram figures calculated). Cities covered include metro centres such as Delhi and Mumbai, tech and regional hubs like Bangalore, Pune and Ahmedabad, and other demand pockets including Jaipur, Nashik, Coimbatore and Vijayawada. Use these as a reference — final transaction prices can vary by jeweller, making charges and hallmarking.

City-wise Gold Prices

City 24K (per 10g) 24K (per g) 22K (per 10g) 22K (per g)
Delhi ₹134,821.60 ₹13,482.2 ₹123,586.47 ₹12,358.6
Mumbai ₹128,157.20 ₹12,815.7 ₹117,477.43 ₹11,747.7
Bangalore ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Chennai ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Hyderabad ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Kolkata ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Ahmedabad ₹132,367.90 ₹13,236.8 ₹121,337.24 ₹12,133.7
Pune ₹128,157.20 ₹12,815.7 ₹117,477.43 ₹11,747.7
Surat ₹132,367.90 ₹13,236.8 ₹121,337.24 ₹12,133.7
Jaipur ₹133,894.90 ₹13,389.5 ₹122,736.99 ₹12,273.7
Nagpur ₹128,157.20 ₹12,815.7 ₹117,477.43 ₹11,747.7
Nashik ₹128,157.20 ₹12,815.7 ₹117,477.43 ₹11,747.7
Vadodara ₹132,367.90 ₹13,236.8 ₹121,337.24 ₹12,133.7
Coimbatore ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Visakhapatnam ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Vijayawada ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2
Mysore ₹132,373.00 ₹13,237.3 ₹121,341.92 ₹12,134.2

Quick Highlights

  • Highest 24K (per 10g): Delhi at ₹134,821.60; Lowest 24K: Mumbai/Nagpur/Pune/Nashik at ₹128,157.20 (city clustering noted).
  • Tight regional band: Many southern and eastern cities (Bangalore, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) share identical quoted rates, indicating common price feeds or similar retail premiums.
  • 22K spread vs 24K: Typical gap between 24K and 22K per 10g is ~₹11,000–12,000 across cities, reflecting the karat difference and market quoting conventions.

City Notes

  • Delhi: Large retail network—compare hallmark premiums and festive offers across established jewellers.
  • Mumbai: Competitive pricing but variable making charges in different local markets (e.g., Zaveri Bazar vs suburban stores).
  • Bangalore: Steady demand from urban buyers and IT professionals; look for standard BIS hallmarks.
  • Chennai: Traditional patterns sell well; check for additional design premiums on temple jewellery.
  • Hyderabad: Strong demand for 22K bridal jewellery; negotiate making charges where possible.
  • Kolkata: Established gold market; verify buy-back and exchange policies before purchase.
  • Ahmedabad: Large local manufacturing base—occasionally tighter gross premiums at wholesale-linked outlets.
  • Pune: Suburban shops may levy different making charges; compare per-gram offers.
  • Surat: Jewellery manufacturing hub—shop for plain gold rates if prioritising low premiums.
  • Jaipur: Bridal and gemstone-set pieces carry design premiums; confirm net payable price.
  • Nagpur: Local demand can push premiums during festivals—check hallmarking documentation.
  • Nashik: Regional jewellers often follow Pune/Mumbai price signals; inspect invoices closely.
  • Vadodara: Competitive city with regular promotions; verify GST and making charges separately.
  • Coimbatore: Consistent with southern pricing; enquire about certified purity and BIS hallmark.
  • Visakhapatnam: Regional demand pockets may add small locality premiums during peak seasons.
  • Vijayawada: Check for local jeweller reputation and after-sales buy-back terms.
  • Mysore: Market follows Bangalore rates closely; look for transparent making charge slabs.

What Drives Today’s Prices

  • Global spot gold: International bullion prices (COMEX/LBMA) set the base; retail rates track these after currency conversion and local premiums.
  • INR/USD movement: A weaker rupee raises rupee gold rates; intraday currency swings directly impact retail quotes.
  • Import duties & GST: Import duty, customs and GST rates affect landed cost and hence retail pricing and premiums.
  • MCX and futures cues: Domestic futures trading provides near-term direction; sharp MCX moves often precede retail adjustments.
  • Local demand and festivals: Weddings, festivals and local buying sentiment can widen retailer premiums or reduce discounts.

Buyer Tips

  • Prefer BIS hallmark: Buy pieces with a BIS hallmark stamp (k-gram and jeweller’s mark) and ask for the hallmarked invoice.
  • 24K vs 22K: 24K is pure but softer; 22K (approx. 91.6% gold) is more durable for jewellery and often preferred for daily wear.
  • Making charges & wastage: These can exceed metal cost for intricate designs—confirm if making charges are fixed or percentage-based and if GST applies.
  • Net billing and buy-back: Ask for a detailed bill showing gold rate, making charges, GST and any discounts; check the jeweller’s buy-back rate and policy.
  • When comparing offers, adjust for net outflow—two shops with the same 10g rate can differ significantly in the final price due to making charges and taxes.

FAQs

  • Q: Are these rates final transaction prices? A: These are retail reference rates per 10g; the final price can differ by jeweller due to making charges, local premiums and GST—confirm at the shop.
  • Q: How do I verify purity? A: Look for the BIS hallmark indicating karat/purity and the jeweller’s mark; insist on an itemised invoice showing karatage and weight.
  • Q: What are making charges? A: Making charges cover manufacturing, labour and design; they vary by design complexity and jeweller and are usually charged separately from gold rate.
  • Q: When is the best time to buy gold? A: For long-term investment buy when rates dip after sharp rallies; for purchases tied to weddings/festivals, plan early and compare net prices rather than headline rates.

Disclaimer

Rates vary by jeweller, locality, and time. Confirm the current price and terms with the retailer before purchase.

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