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 October 22

Gold prices today — This snapshot covers retail rates across 17 Indian cities for October 22. The table below lists 24‑carat and 22‑carat gold rates per 10 grams (and per gram) for major markets including Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada. Use these city-wise quotes as a guide: retail bills will include making charges, hallmark premiums and may differ by jeweller and locality.

City-wise Gold Prices

City 24K (per 10g) 24K (per g) 22K (per 10g) 22K (per g)
Delhi ₹139,631.90 ₹13,963.2 ₹127,995.91 ₹12,799.6
Mumbai ₹133,039.50 ₹13,304.0 ₹121,952.88 ₹12,195.3
Bangalore ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Chennai ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Hyderabad ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Kolkata ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Ahmedabad ₹136,149.70 ₹13,615.0 ₹124,803.89 ₹12,480.4
Pune ₹133,039.50 ₹13,304.0 ₹121,952.88 ₹12,195.3
Surat ₹136,149.70 ₹13,615.0 ₹124,803.89 ₹12,480.4
Jaipur ₹137,910.20 ₹13,791.0 ₹126,417.68 ₹12,641.8
Nagpur ₹133,039.50 ₹13,304.0 ₹121,952.88 ₹12,195.3
Nashik ₹133,039.50 ₹13,304.0 ₹121,952.88 ₹12,195.3
Vadodara ₹136,149.70 ₹13,615.0 ₹124,803.89 ₹12,480.4
Coimbatore ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Visakhapatnam ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Vijayawada ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1
Mysore ₹137,183.30 ₹13,718.3 ₹125,751.36 ₹12,575.1

Quick Highlights

  • Highest retail quote: Delhi shows the top 24K rate at ₹139,631.90 per 10g and 22K at ₹127,995.91 per 10g.
  • Lowest retail cluster: Mumbai, Pune, Nagpur and Nashik share the lowest listed rates (24K at ₹133,039.50 per 10g).
  • Many southern and eastern cities (Bangalore, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) display identical quoted rates, indicating uniform pricing bands in those markets.
  • Across cities the 24K–22K spread per 10g ranges about ₹6,000–6,600, reflecting the fixed purity differential.

City Notes

  • Delhi: Expect higher premiums and a wide choice of branded jewellers; verify hallmark and ask for invoice.
  • Mumbai: Competitive pricing in major markets; compare making charges across stores.
  • Bangalore: Standardised rates across the city; look for BIS hallmarked pieces for peace of mind.
  • Chennai: Strong demand for traditional designs — expect higher making charges for intricate work.
  • Hyderabad: Popular for gold jewellery craftsmanship; confirm wastage/making percentage up front.
  • Kolkata: Jewellery hubs offer variety; check for certifications on gems and stones.
  • Ahmedabad: Competitive local market — bargaining on making charges possible at independent shops.
  • Pune: Rates align with Mumbai; certified jewellers provide clearer buy-back policies.
  • Surat: Large manufacturing base — retailers may offer lower premiums on plain jewellery.
  • Jaipur: Handcrafted and gemstone work is common — expect higher markups on bespoke pieces.
  • Nagpur: Regional pricing follows Maharashtra bands; compare branded vs local stores.
  • Nashik: Similar to Pune/Mumbai; check festival-season demand which can raise premiums.
  • Vadodara: Active jewellery market; insist on BIS hallmark and clear invoices for GST claims.
  • Coimbatore: South Indian design preferences; verify net weight and making charges before purchase.
  • Visakhapatnam: Rates mirror major southern markets; look for transparent buy-back terms.
  • Vijayawada: Local shops often competitive; check hallmarking and return policies.
  • Mysore: Tourist and local demand mix; prefer jewellers with clear certification and receipts.

What Drives Today’s Prices

  • Global spot gold: International bullion benchmarks set the base for domestic quotes.
  • INR/USD moves: A weaker rupee raises import cost and retail prices; a stronger rupee eases them.
  • MCX futures and local liquidity: Domestic futures prices influence retail premiums and dealer hedging.
  • Import duty & taxes: Customs duty and GST affect landed cost and final consumer prices.
  • Local demand/supply: Festivals, weddings and local buying patterns can push premiums higher in specific cities.
  • Making charges & design complexity: Jewellery type, craftsmanship and branded premiums add to retail price.

Buyer Tips

  • Prefer BIS hallmark: Always buy BIS‑hallmarked gold and check the stamp for karatage (24K/22K) and jeweller ID.
  • 24K vs 22K: 24K (999) is pure but soft — best for investment; 22K (916) is more durable for daily‑wear jewellery.
  • Making charges matter: These are labour/wastage costs and are usually non‑negotiable per gram rates; check if charged per gram or as fixed rupee value.
  • Wastage & GST: Ask how wastage is calculated and ensure GST is shown separately on the bill.
  • Buy‑back & exchange policy: Confirm buy‑back rates, deductions and whether the jeweller accepts returns or exchanges.

FAQs

  • Q: Are these rates final for purchase? A: These are listed retail quotes per city; final invoice includes making charges, possible hallmark premiums and GST — confirm at the shop.
  • Q: How do I verify gold purity? A: Look for BIS hallmark stamps and ask for a detailed bill showing karatage (24K/22K) and net weight.
  • Q: What are making charges? A: Making charges cover labour and design; they vary by design complexity and jeweller and can be a larger component than metal cost for intricate pieces.
  • Q: When is the best time to buy gold? A: Lower international prices and a stronger rupee usually give better domestic rates; off‑peak demand periods (outside festivals/wedding season) may yield more competitive making charges.

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

Leave a Comment

Your email address will not be published. Required fields are marked *