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 16

Snapshot: Gold prices across major Indian cities are steady on November 16, with 24K rates ranging from around ₹126,557 to ₹132,133 per 10 grams and 22K quotes between roughly ₹116,011 and ₹121,947 per 10 grams. This report covers prominent retail markets including Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada, giving city-level 10g and per‑gram figures to help buyers compare purity and local pricing before purchase.

City-wise Gold Prices

City 24K (per 10g) 24K (per g) 22K (per 10g) 22K (per g)
Delhi ₹133,032.80 ₹13,303.3 ₹121,946.73 ₹12,194.7
Mumbai ₹126,557.10 ₹12,655.7 ₹116,010.67 ₹11,601.1
Bangalore ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Chennai ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Hyderabad ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Kolkata ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Ahmedabad ₹130,579.00 ₹13,057.9 ₹119,697.42 ₹11,969.7
Pune ₹126,557.10 ₹12,655.7 ₹116,010.67 ₹11,601.1
Surat ₹130,579.00 ₹13,057.9 ₹119,697.42 ₹11,969.7
Jaipur ₹132,132.50 ₹13,213.3 ₹121,121.46 ₹12,112.1
Nagpur ₹126,557.10 ₹12,655.7 ₹116,010.67 ₹11,601.1
Nashik ₹126,557.10 ₹12,655.7 ₹116,010.67 ₹11,601.1
Vadodara ₹130,579.00 ₹13,057.9 ₹119,697.42 ₹11,969.7
Coimbatore ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Visakhapatnam ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Vijayawada ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2
Mysore ₹130,584.10 ₹13,058.4 ₹119,702.09 ₹11,970.2

Quick Highlights

  • Highest 24K: Jaipur at ₹132,132.50 per 10g; Lowest 24K: Mumbai/Pune/Nagpur/Nashik at ₹126,557.10 per 10g.
  • Highest 22K: Delhi at ₹121,946.73 per 10g; Lowest 22K: Mumbai/Pune/Nagpur/Nashik at ₹116,010.67 per 10g.
  • Most cities cluster tightly around ₹130,579–130,584 per 10g for 24K and ~₹119,697–119,702 per 10g for 22K, reflecting narrow regional retail spreads today.
  • Typical 24K–22K gap is roughly ₹10,500–₹11,100 per 10g, driven by purity difference and local pricing conventions.

City Notes

  • Delhi: Large jewellery hubs; compare shop-to-shop and insist on BIS hallmark for resale value.
  • Mumbai: Competitive pricing; Mumbai often shows lower retail premiums.
  • Bangalore: Strong demand for lightweight and designer 22K pieces; check making charges.
  • Chennai: High demand for traditional 22K jewellery; negotiate making charges on heavier designs.
  • Hyderabad: Popular for both 22K bridal jewellery and 24K coins — confirm purity certificates.
  • Kolkata: Established hallmarking acceptance; ask for BIS stamp and invoice with karat detail.
  • Ahmedabad: Active local markets; verify buy-back policy before large purchases.
  • Pune: Tight pricing with Mumbai; compare making charges across neighbourhoods.
  • Surat: Centre for manufacturing — favourable designs and sometimes lower labour premiums.
  • Jaipur: Premium on certain handcrafted pieces; confirm wastage charges for bespoke orders.
  • Nagpur: Prices aligned with major western markets; insist on clear billing.
  • Nashik: Competitive retail scene; festival demand can push premiums up.
  • Vadodara: Regional demand steady; verify discounts for bulk/coin purchases.
  • Coimbatore: Jewellery consumption is steady; shop for verified hallmark sellers.
  • Visakhapatnam: Local jewellers follow national rates closely; check for seasonal offers.
  • Vijayawada: Bridal demand drives 22K sales — factor in higher making charges for heavy work.
  • Mysore: Trusted retail shops available; seek written purity/making-charge details.

What Drives Today’s Prices

  • Global spot gold: International bullion prices set the base for domestic quotes.
  • INR–USD moves: A stronger rupee can soften domestic gold rates; weakness tends to lift them.
  • Import duties & taxes: Duties, GST and local levies form part of retail pricing and affect spreads.
  • MCX futures & domestic cues: Indian futures influence short-term retail sentiment and shop-level price adjustments.
  • Local demand & seasonality: Festivals, weddings and liquidity needs of sellers/jewellers change premiums and buy-back offers.

Buyer Tips

  • Prefer BIS hallmark: Always ask for the BIS hallmark and the karat/purity stamp on the invoice.
  • 24K vs 22K: 24K is pure and softer — better for coins/temple gold; 22K (91.6%) is more durable for daily-wear jewellery.
  • Making charges & wastage: These are shop-specific and may exceed metal cost for intricate work — seek a written breakup.
  • Compare buy-back terms: Check if the store offers buy-back, the valuation method, and deductions for making charges.
  • Invoice & certification: Insist on a detailed invoice showing gross weight, net/gross, stone value (if any), and hallmark details.

FAQs

  • Q: Are these daily retail rates fixed across all jewellers?
    A: No. These are indicative city-level rates; individual jewellers may add varying premiums and making charges.
  • Q: How do I confirm gold purity?
    A: Look for the BIS hallmark and karat mark (e.g., 22K, 24K) on the piece and cross-check the invoice.
  • Q: What are making charges and how are they applied?
    A: Making charges are labour/design fees charged per gram or as a fixed amount; they differ by shop, design complexity and negotiation.
  • Q: When is the best time to buy gold?
    A: Prices can be marginally lower on weekdays and outside peak festival/wedding seasons; monitor global spot and local premiums and compare shops.

Rates vary by jeweller, locality, and time. Confirm locally before purchase.

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