Gold prices today in your city: Check cost in Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada on November 12

Snapshot for November 12: Today’s gold rates for retail buyers across major Indian cities show modest variation, with 24K prices ranging from about ₹1.27 lakh to ₹1.3378 lakh per 10 grams and 22K quotes clustered more tightly between roughly ₹1.16599 lakh and ₹1.22631 lakh per 10 grams. This report covers Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada and other headline cities, giving per-10g and per-gram figures, quick highlights, practical city notes for buyers, factors behind price moves, actionable buyer tips and FAQs to help you decide.

City-wise Gold Prices

City	24K (per 10g)	24K (per g)	22K (per 10g)	22K (per g)
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
Bangalore	₹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
Ahmedabad	₹131,326.00	₹13,132.6	₹120,382.17	₹12,038.2
Pune	₹127,198.70	₹12,719.9	₹116,598.81	₹11,659.9
Surat	₹131,326.00	₹13,132.6	₹120,382.17	₹12,038.2
Jaipur	₹132,858.20	₹13,285.8	₹121,786.68	₹12,178.7
Nagpur	₹127,198.70	₹12,719.9	₹116,598.81	₹11,659.9
Nashik	₹127,198.70	₹12,719.9	₹116,598.81	₹11,659.9
Vadodara	₹131,326.00	₹13,132.6	₹120,382.17	₹12,038.2
Coimbatore	₹131,331.20	₹13,133.1	₹120,386.93	₹12,038.7
Visakhapatnam	₹131,331.20	₹13,133.1	₹120,386.93	₹12,038.7
Vijayawada	₹131,331.20	₹13,133.1	₹120,386.93	₹12,038.7
Mysore	₹131,331.20	₹13,133.1	₹120,386.93	₹12,038.7

Quick Highlights

• Highest 24K: Delhi at ₹133,779.70 per 10g; Lowest 24K: Mumbai, Pune, Nagpur, Nashik at ₹127,198.70 per 10g.
• 22K prices are tightly clustered around ₹1.16–1.22 lakh per 10g, reflecting narrow retail premium differences across cities.
• Most southern and eastern metros (Bengaluru, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) share identical listed rates, suggesting unified regional pricing.
• City-level spreads between 24K and 22K average roughly ₹11,000–12,000 per 10g, consistent with the difference in gold purity.

City Notes

• Delhi: Expect slightly higher retail premiums; check certified hallmarking and GST-compliant invoices.
• Mumbai: Competitive market — shop around for lower making charges in well-known jewellery hubs.
• Bangalore: Standardised rates across stores; compare designs where making charges vary widely.
• Chennai: Traditional gold demand can push premiums on festival days; verify weight and purity.
• Hyderabad: Look for trusted brands offering transparent buy-back terms.
• Kolkata: Strong market for traditional jewellery — insist on BIS hallmark and invoice details.
• Ahmedabad: Local jewellers may quote festival premiums; negotiate making charges on custom pieces.
• Pune: Multiple retail chains; compare store offers and loyalty discounts.
• Surat: Jewellery manufacturing hub — you may find competitive rates on plain designs.
• Jaipur: Premiums on gemstone-studded items may be higher; check net weight vs gross weight.
• Nagpur: Smaller market — verify hallmarking and buy-back policies carefully.
• Nashik: Local festivals influence demand spikes; confirm final payable amount including making charges.
• Vadodara: Regional pricing similar to Ahmedabad/Surat — check for seasonal offers.
• Coimbatore: Consistent metro pricing; compare designs and workmanship-based making charges.
• Visakhapatnam: Limited large chains — insist on BIS and proper invoicing for resale ease.
• Vijayawada: Verify hallmark and collector’s receipts when buying heavier jewellery.
• Mysore: Stable pricing; good chance to negotiate making charges for bespoke pieces.

What Drives Today’s Prices

• Global spot gold: International bullion benchmarks (LBMA/COMEX) set the baseline for local prices.
• INR/USD currency moves: A weaker rupee raises local gold rupee prices even if global gold is unchanged.
• Import duty & taxes: India’s import duty and GST structure affects retail pricing and spreads.
• MCX futures cues: Domestic futures trading provides intraday signals that retailers sometimes track.
• Local demand & seasonality: Festival and wedding seasons, regional buying patterns and store inventories influence premiums and making charges.

Buyer Tips

• Prefer BIS hallmark: Always buy BIS-hallmarked gold; the hallmark certifies purity and simplifies future resale/assaying.
• Verify karatage: 24K = 99.9% (soft, higher purity); 22K = 91.6% (more durable, common for jewellery). Choose based on wearability and purpose.
• Understand making charges & wastage: These are labour/design-based and non-negotiable components that vary widely; ask for itemised breakup.
• Compare net payable price: Focus on the total invoice amount (metal value + making charges + GST) not only on per gram rate.
• Check buy-back & exchange policy: A transparent buy-back at prevailing rates with documented weight and purity helps long-term value retention.
• Invoice & certification: Take a detailed invoice listing gross weight, net weight, hallmark, making charges and GST for future claims.

FAQs

• Q: Are these retail rates final?
  A: These are indicative city rates per 10g; final payable may include variable making charges and small local premiums—confirm with the jeweller.
• Q: How do I identify 22K vs 24K?
  A: Look for the BIS hallmark (e.g., 916 for 22K, 999 for 24K) and a certified assay stamp on the jewellery or certificate.
• Q: What are making charges and why do they matter?
  A: Making charges cover design and labour; they can exceed metal cost for intricate work and are non-refundable on resale in many cases.
• Q: When is the best time to buy gold?
  A: For lowest premiums, avoid peak festival and wedding seasons and compare rates across multiple reputable jewellers; for investment, consider staggered purchases or ETFs to average cost.

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