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 14

Gold prices across Indian cities show a narrow band on November 14, with 24K rates ranging from around ₹1,29,654.70 to ₹1,36,255.30 per 10 grams. This report covers retail rates in Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada and other major centres, showing both 24K and 22K prices per 10 grams (and per gram). Retail buyers should compare local making charges, hallmarking and buy-back policies before purchasing as city-level premiums and service fees can shift the final outlay significantly.

City-wise Gold Prices

City 24K (per 10g) 24K (per g) 22K (per 10g) 22K (per g)
Delhi ₹136,255.30 ₹13,625.5 ₹124,900.69 ₹12,490.1
Mumbai ₹129,654.70 ₹12,965.5 ₹118,850.14 ₹11,885.0
Bangalore ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Chennai ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Hyderabad ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Kolkata ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Ahmedabad ₹133,801.60 ₹13,380.2 ₹122,651.47 ₹12,265.1
Pune ₹129,654.70 ₹12,965.5 ₹118,850.14 ₹11,885.0
Surat ₹133,801.60 ₹13,380.2 ₹122,651.47 ₹12,265.1
Jaipur ₹135,322.50 ₹13,532.3 ₹124,045.63 ₹12,404.6
Nagpur ₹129,654.70 ₹12,965.5 ₹118,850.14 ₹11,885.0
Nashik ₹129,654.70 ₹12,965.5 ₹118,850.14 ₹11,885.0
Vadodara ₹133,801.60 ₹13,380.2 ₹122,651.47 ₹12,265.1
Coimbatore ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Visakhapatnam ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Vijayawada ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6
Mysore ₹133,806.80 ₹13,380.7 ₹122,656.23 ₹12,265.6

Quick Highlights

  • Highest 24K rate: Delhi at ₹1,36,255.30 per 10g (₹13,625.5/g).
  • Lowest 24K rate: Mumbai, Pune, Nagpur and Nashik at ₹1,29,654.70 per 10g (₹12,965.5/g).
  • Most regional 24K quotes cluster between ~₹1,29,654.70 and ₹1,33,806.80 per 10g — a relatively tight band indicating modest city-level premium variation.
  • The 24K vs 22K spread is roughly ₹10,800–₹11,350 per 10g across cities, reflecting the pure-metal premium for 24K gold.

City Notes

  • Delhi: Expect slightly higher retail premiums and broad jeweller choice; confirm hallmark and buy-back terms.
  • Mumbai: Competitive pricing; compare making charges across neighbourhoods.
  • Bangalore: Mid-range rates; ask for BIS hallmark on both 22K and 24K pieces.
  • Chennai: Check design-specific making charges—complex patterns cost more.
  • Hyderabad: Traditional jewellery centres may add style premiums; verify invoice details.
  • Kolkata: Look for clarity on wastage and labour charges on the bill.
  • Ahmedabad: Strong local jewellery market—negotiate making charges on heavy pieces.
  • Pune: Prices mirror Mumbai; watch for festival-period surcharges.
  • Surat: Diamond and gold hubs may offer competitive buy-back; confirm purity marks.
  • Jaipur: Slightly higher 24K rates; artisan workmanship can increase final cost.
  • Nagpur: Prices in line with Mumbai; compare warranties and exchange policies.
  • Nashik: Competitive quotes—clarify if quoted price is inclusive of GST on making charges.
  • Vadodara: Check for local festivity premiums and hallmark stamps.
  • Coimbatore: Textile and jewellery trade influences demand; verify purity and invoice.
  • Visakhapatnam: Regional demand can affect premiums—ask about buy-back rates.
  • Vijayawada: Confirm BIS hallmark and karatage before purchase.
  • Mysore: Compare shop-to-shop making charges for traditional designs.

What Drives Today’s Prices

  • Global spot gold: International bullion moves set the baseline for domestic pricing; retailers adjust to global trends with a lag and add local premiums.
  • INR/USD exchange rate: A weaker rupee raises import costs for bullion, pushing retail prices higher; a stronger rupee eases pressure.
  • Import duty & taxes: Customs duties, GST on making charges and local taxes affect retail final price and spreads between buy/sell quotes.
  • MCX and domestic futures: Short-term cues from exchange trading influence retail quotes as jewellers hedge inventory costs.
  • Local demand and seasonality: Festivals, wedding season and jewellery demand in specific cities can widen premiums and making charges.

Buyer Tips

  • Prefer BIS hallmark: Ensure jewellery carries the BIS hallmark and the stated karatage (22K/24K) for verified purity.
  • 24K vs 22K: 24K is purest (softer, suited for coins/bars and plain jewellery); 22K is alloyed for durability—choose by use-case and wearability.
  • Making charges & wastage: These can exceed metal cost for intricate pieces; ask for a break-up on the invoice and whether charges are fixed or percentage-based.
  • Buy-back and resale: Confirm buy-back pricing policy and get a written invoice—resale often nets less due to cuts in making charges and local dealer margins.
  • Compare multiple quotes: Check at least two to three jewellers in your city for the same purity and similar designs before buying.

FAQs

  • Q: Are the daily rates shown the price I will pay at the shop?
    A: These are base metal rates; final shop price will add making charges, GST and any local premium—always confirm the final invoice amount.
  • Q: How do I verify purity?
    A: Look for the BIS hallmark and karat stamp (e.g., 22K, 24K) on the piece and ask for a stamped invoice specifying gram weight and purity.
  • Q: What are making charges and why do they vary?
    A: Making charges cover labour and design complexity; they vary by jeweller, design intricacy and local competition—negotiate or compare fixed-rate shops.
  • Q: When is the best time to buy gold?
    A: Short-term timing is uncertain; consider buying when you need it, compare local premiums, and watch for seasonal discounts or lower making charges rather than trying to time market tops/bottoms.

Disclaimer

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

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