Today’s gold snapshot covers 17 Indian cities including Ahmedabad, Pune, Jaipur, Nashik and Coimbatore, presenting retail rates for 24K and 22K per 10 grams. Prices show a modest range across metro and regional centres, with Delhi quoting the highest rates and Mumbai/Pune/Nagpur/Nashik at the lower end of the scale. Retail buyers should note differences reflect local premiums, making charges and hallmarks—check the exact invoice and buy-back terms before purchasing.
City-wise Gold Prices: City,22k_10gm,24k_10gm
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Delhi | ₹136,579.30 | ₹13,657.9 | ₹125,197.69 | ₹12,519.8 |
| Mumbai | ₹129,901.60 | ₹12,990.2 | ₹119,076.47 | ₹11,907.6 |
| Bangalore | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Chennai | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Hyderabad | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Kolkata | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Ahmedabad | ₹134,125.60 | ₹13,412.6 | ₹122,948.47 | ₹12,294.8 |
| Pune | ₹129,901.60 | ₹12,990.2 | ₹119,076.47 | ₹11,907.6 |
| Surat | ₹134,125.60 | ₹13,412.6 | ₹122,948.47 | ₹12,294.8 |
| Jaipur | ₹135,646.50 | ₹13,564.7 | ₹124,342.62 | ₹12,434.3 |
| Nagpur | ₹129,901.60 | ₹12,990.2 | ₹119,076.47 | ₹11,907.6 |
| Nashik | ₹129,901.60 | ₹12,990.2 | ₹119,076.47 | ₹11,907.6 |
| Vadodara | ₹134,125.60 | ₹13,412.6 | ₹122,948.47 | ₹12,294.8 |
| Coimbatore | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Visakhapatnam | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Vijayawada | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
| Mysore | ₹134,130.70 | ₹13,413.1 | ₹122,953.14 | ₹12,295.3 |
Quick Highlights
- Highest 24K rate: Delhi at ₹136,579.30 per 10g (₹13,657.9 per g).
- Lowest 24K rate: Mumbai/Pune/Nagpur/Nashik at ₹129,901.60 per 10g (₹12,990.2 per g).
- Many southern and eastern cities (Bangalore, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) share identical 24K/22K quotes, indicating similar local premiums.
- Spread between the city extremes is about ₹6,677.7 per 10g for 24K—roughly ₹667.8 per gram, material for retail buyers when choosing where to buy.
City Notes
- Delhi: Highest quotes—expect urban premium and strong buyback options in established jewellers.
- Mumbai: Competitive pricing; negotiate making charges at independent shops.
- Bangalore: Uniform pricing across outlets; check hallmarking before purchase.
- Chennai: Popular demand for 22K jewellery—ask for certified purity.
- Hyderabad: Look for regional designs; confirm net weight and wastage charges.
- Kolkata: Established market for antique and temple jewellery—verify hallmark and invoice details.
- Ahmedabad: Strong local demand—compare quotes from multiple retailers.
- Pune: Matches Mumbai rates—shop around for lower making charges.
- Surat: Large manufacturing hub—may offer competitive finished-goods pricing.
- Jaipur: Slightly higher than many peers—traditional craftsmanship often adds premium.
- Nagpur / Nashik: Similar to Mumbai/Pune—good for standardized pricing and chain jewellers.
- Vadodara: Regional demand can affect premiums—confirm hallmarking.
- Coimbatore / Visakhapatnam / Vijayawada / Mysore: Consistent pricing across these cities—check for festival-time surcharges.
What Drives Today’s Prices
- Global spot gold: International bullion prices are the base for domestic rates; import parity matters.
- INR/USD moves: A weaker rupee raises local rupee prices even if global gold is steady.
- Import duty and taxes: Customs duty, GST and other levies feed into retail quotes and making charges.
- MCX and local futures: Domestic exchange trends can influence retailer pricing and hedging behaviour.
- Local demand and inventory: Festival, wedding season or stock levels at jewellers alter premiums and discounts.
Buyer Tips
- Prefer BIS hallmark: Buy jewellery with the BIS hallmark (standard purity stamp) and keep the invoice.
- 24K vs 22K: 24K is pure gold (softer, better for coins/investment); 22K is alloyed (more durable for daily-wear jewellery).
- Making charges & wastage: These are additional and vary widely—compare net payable prices, not just metal rate.
- Verify buy-back terms: Confirm if jeweller offers buy-back, at what rate and with what documentation.
- Weigh & inspect: Check gross/net weight, detachable parts, and get a detailed bill showing purity and making charges.
FAQs
- Q: Do these rates change during the day? A: Yes. Retail rates can change intraday with international spot gold and rupee movements; always confirm at the time of purchase.
- Q: How do I verify purity? A: Look for BIS hallmark, karat stamp (e.g., 22K/24K) and demand a detailed invoice showing purity and gross/net weights.
- Q: What are making charges? A: Making charges are fees for craftsmanship and labour; they vary by design and jeweller and are usually non-refundable.
- Q: When is the best time to buy gold? A: Financially, buy when global spot prices and the rupee are favourable; practically, avoid high-demand festival or wedding periods to reduce premiums.
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.