Gold prices today cover major Indian cities including Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata for November 12. The citywise snapshot below shows retail rates for 24K and 22K gold per 10 grams (and per gram). Use these figures as a same-day reference for buying or selling; local jewellers add making charges, hallmark premiums and GST which affect the final invoice. Cities beyond the headline list are included in the “Other Major Cities” section.
City-wise Gold Prices (November 12, 2025)
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| New Delhi | ₹133,779.70 | ₹13,378.0 | ₹122,631.39 | ₹12,263.1 |
| Mumbai | ₹127,198.70 | ₹12,719.9 | ₹116,598.81 | ₹11,659.9 |
| Bengaluru | ₹131,331.20 | ₹13,133.1 | ₹120,386.93 | ₹12,038.7 |
| Chennai | ₹131,331.20 | ₹13,133.1 | ₹120,386.93 | ₹12,038.7 |
| Hyderabad | ₹131,331.20 | ₹13,133.1 | ₹120,386.93 | ₹12,038.7 |
| Kolkata | ₹131,331.20 | ₹13,133.1 | ₹120,386.93 | ₹12,038.7 |
Quick Highlights
- Highest 24K rate: New Delhi at ₹133,779.70 per 10g among the headline cities.
- Lowest 24K rate: Mumbai at ₹127,198.70 per 10g — a gap of roughly ₹6,581 versus New Delhi.
- Southern and eastern metros (Bengaluru, Chennai, Hyderabad, Kolkata) show tight clustering at ₹131,331.20 (24K) and ₹120,386.93 (22K) per 10g.
- The 24K–22K spread in headline cities is about ₹11,000–₹11,200 per 10g, reflecting the difference in purity (24K pure vs 22K alloyed).
City Notes
- New Delhi: Expect varied making charges in central markets; ask for BIS hallmark and detailed invoice before payment.
- Mumbai: Competitive retail pricing in suburban jewellery clusters — compare making charges across shops.
- Bengaluru: Popular for contemporary designs; insist on visible hallmark stamps on heavier pieces.
- Chennai: High demand for traditional temple jewellery; watch for higher making charges on intricate designs.
- Hyderabad: Strong market for 22K bridal jewellery; confirm buy-back and purity policies when buying heirloom pieces.
- Kolkata: Established jewellers with hallmarking standards; negotiate wastage and making for bulk purchases.
- Ahmedabad: Good availability of standard designs; verify GST and making charge breakdown.
- Pune: Suburban outlets may offer promotional discounts; cross-check Net Payable after making charges.
- Surat: Manufacturing hub — competitive for plain jewellery; hallmark and invoice remain essential.
- Jaipur: Premium for artisanal and gemstone-set pieces; higher making charges for handcrafted work.
- Nagpur: Standard retail practices; compare buy-back quotes if selling later.
- Nashik: Local demand steady; ensure karat marking (22K/24K) and BIS stamp are present.
- Vadodara: Jewellery fairs often provide offers; read the fine print on making-charge discounts.
- Coimbatore: Strong retail presence for bridal sets; ask for standardized certification for costly purchases.
- Visakhapatnam: Market variability — get multiple quotes, especially for larger pieces.
- Vijayawada: Local jewellery shops often run loyalty schemes; still insist on hallmarking and a clear invoice.
- Mysore: Traditional designs common; confirm net price after making charges and taxes.
What Drives Today’s Prices
- Global spot gold: International bullion prices set a base; physical retail in India follows London/COMEX moves adjusted for premiums.
- INR/USD movement: A weaker rupee raises the rupee price of imported gold; an appreciating rupee can soften local rates.
- Import duty and taxes: Customs duty and GST influence retail pricing and margins for jewellers.
- MCX and domestic futures: Domestic futures on MCX provide hedging signals and influence short-term retail sentiment.
- Local demand and supply: Festival/ wedding season spikes or supply bottlenecks can push local premiums and making charges up.
Buyer Tips
- Prefer BIS hallmark: Buy BIS-marked pieces (hallmark shows purity and assaying); ask for a physical certificate when available.
- 24K vs 22K: 24K (999) is pure and softer—ideal for investment coins/bars; 22K (916) is alloyed and more suitable for jewellery due to better durability.
- Making charges and wastage: These are added separately and vary by design and weight; get a written breakup and compare on a per-gram basis for similar designs.
- Check buy-back and invoice: Confirm jeweller’s buy-back policy, hallmarking on buy-back, and always take a detailed invoice showing weight, purity, making charges, GST.
FAQs
- Q: How often do rates change?
Prices typically update multiple times a day in retail shops to reflect global spot moves and rupee fluctuations; check the latest local quote before transacting.
- Q: How can I verify purity?
Look for the BIS hallmark (and karat stamp such as 22K/24K). For high-value purchases request an assay certificate or buy from certified jewellers.
- Q: Are making charges negotiable?
Yes—making charges and wastage fees are negotiable, especially for plain jewellery or bulk purchases; always compare final net payables.
- Q: When is the best time to buy?
Long-term buyers can stagger purchases to average price volatility; for immediate needs, consider buying when international spot prices and rupee weakness are both favorable.
Other Major Cities
| City | 24K (10g) / 22K (10g) |
|---|---|
| Ahmedabad | ₹131,326.00 / ₹120,382.17 |
| Pune | ₹127,198.70 / ₹116,598.81 |
| Surat | ₹131,326.00 / ₹120,382.17 |
| Jaipur | ₹132,858.20 / ₹121,786.68 |
| Nagpur | ₹127,198.70 / ₹116,598.81 |
| Nashik | ₹127,198.70 / ₹116,598.81 |
| Vadodara | ₹131,326.00 / ₹120,382.17 |
| Coimbatore | ₹131,331.20 / ₹120,386.93 |
| Visakhapatnam | ₹131,331.20 / ₹120,386.93 |
| Vijayawada | ₹131,331.20 / ₹120,386.93 |
| Mysore | ₹131,331.20 / ₹120,386.93 |
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.