Gold prices today in your city: Check cost in Ahmedabad, Pune, Jaipur, Nashik, Coimbatore, Vijayawada on October 18

Snapshot: Gold prices across major Indian cities are largely clustered today, with 24K retail rates ranging roughly between ₹131,620.60 and ₹139,230.80 per 10 grams. This report covers city-level retail quotations for 24K and 22K gold in key markets including Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada, along with other headline centres. Use these rates as a starting point — local jewellers’ premiums, making charges and hallmarking practices will affect the final price you pay.

City-wise Gold Prices

City	24K (per 10g)	24K (per g)	22K (per 10g)	22K (per g)
Delhi	₹139,230.80	₹13,923.1	₹127,628.23	₹12,762.8
Mumbai	₹131,620.60	₹13,162.1	₹120,652.22	₹12,065.2
Bangalore	₹136,782.30	₹13,678.2	₹125,383.78	₹12,538.4
Chennai	₹135,854.90	₹13,585.5	₹124,533.66	₹12,453.4
Hyderabad	₹135,854.90	₹13,585.5	₹124,533.66	₹12,453.4
Kolkata	₹135,854.90	₹13,585.5	₹124,533.66	₹12,453.4
Ahmedabad	₹135,746.70	₹13,574.7	₹124,434.48	₹12,443.4
Pune	₹131,620.60	₹13,162.1	₹120,652.22	₹12,065.2
Surat	₹135,746.70	₹13,574.7	₹124,434.48	₹12,443.4
Jaipur	₹137,504.70	₹13,750.5	₹126,045.97	₹12,604.6
Nagpur	₹131,620.60	₹13,162.1	₹120,652.22	₹12,065.2
Nashik	₹131,620.60	₹13,162.1	₹120,652.22	₹12,065.2
Vadodara	₹135,746.70	₹13,574.7	₹124,434.48	₹12,443.4
Coimbatore	₹135,854.90	₹13,585.5	₹124,533.66	₹12,453.4
Visakhapatnam	₹135,854.90	₹13,585.5	₹124,533.66	₹12,453.4
Vijayawada	₹135,854.90	₹13,585.5	₹124,533.66	₹12,453.4
Mysore	₹136,782.30	₹13,678.2	₹125,383.78	₹12,538.4

Quick Highlights

• Highest 24K: Delhi posts the top 24K retail rate at ₹139,230.80 (per 10g); several south and east Indian cities cluster near ₹135–137k.
• Lowest 24K: Mumbai, Pune, Nagpur and Nashik show the lowest quoted 24K today at ₹131,620.60 (per 10g).
• Tight banding: Most cities lie within a ₹7,600 range for 24K, indicating modest regional premium variation rather than sharp divergences.
• 22K spread: 22K quotes range from about ₹120,652.22 to ₹127,628.23 per 10g — buyers should watch local making charges which materially change final cost.

City Notes

• Delhi: Higher city premiums reflect strong retail demand and occasional festival seasonary markups; always insist on BIS hallmark.
• Mumbai: Competitive market with multiple large jewellers — bargain making charges but confirm buy-back policy.
• Bangalore: South market with steady demand for 22K jewellery; check local wastage rates on designs.
• Chennai: Traditional preference for 22K jewellery; compare certified weights and invoices carefully.
• Hyderabad: Strong gold jewellery demand — ask for BIS hallmark and GST invoice for claims.
• Kolkata: Established jewellers and hallmarking practices; compare making charges for similar designs.
• Ahmedabad: Jewellery hubs may offer negotiating room on making charges for bulk purchases.
• Pune: Prices often align with Mumbai; look for festival discounts but verify purity.
• Surat: Manufacturing centre — some local dealers may offer better rates but check assurance and hallmark.
• Jaipur: Known for gemstone settings; adding stones increases making charges significantly.
• Nagpur: Generally follows Mumbai/Pune pricing; confirm hallmark and invoice for resale/buy-back.
• Nashik: Regional variations small; shop around for competitive making charges.
• Vadodara: Jewellery variety is good — compare wastage and design-specific charges.
• Coimbatore: South-market norms; verify distributor or branded-store premiums before buying.
• Visakhapatnam: Local demand steady; insist on clear breakdown of gold, making and GST on the bill.
• Vijayawada: Regional retailers may have variable buy-back policies — check terms in writing.
• Mysore: Jewellery centres offer varied designs; check hallmarking and certified weight.

What Drives Today’s Prices

• Global spot gold: International bullion prices set the base; retail follows with a lag and local premiums.
• INR–USD moves: A weaker rupee raises domestic rupee prices for imported gold; a stronger rupee lowers them.
• Import duty & taxes: Customs duty and GST shape landed cost and retailer pricing strategies.
• MCX and domestic liquidity: Futures and local trading volumes influence short-term domestic price direction.
• Local demand & seasonal factors: Festivals, weddings and regional buying patterns push premiums and making charges higher.

Buyer Tips

• Prefer BIS hallmark: Always buy BIS-hallmarked items and ask for the Hallmark Center/ID on the invoice.
• Verify karatage: 24K is purer but softer; 22K is more durable for jewellery — choose by use case (investment vs everyday wear).
• Making charges & wastage: These are retailer-specific and can exceed metal cost for intricate designs; negotiate and get a written quote.
• Buy-back & invoice: Confirm buy-back terms, net weight and GST details on the invoice for future resale or exchange.

FAQs

• Q: Are these rates final retail prices?
  A: These are city-level base quotations for 10g; final retail price includes making charges, local premiums and taxes.
• Q: How do I verify purity?
  A: Look for the BIS hallmark (Hallmark centre mark, carat number, jeweller identification) and obtain a proper invoice.
• Q: Why do making charges vary so much?
  A: Making charges depend on design complexity, labour costs, brand and local competition; always compare itemized bills.
• Q: When is the best time to buy gold?
  A: Short-term timing is hard; consider lower premiums (non-festival periods), favourable rupee movement, and buying simple designs to limit making charges.

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