Today’s gold snapshot covers prices in major retail markets including Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada among others. Rates shown are retail indicative quotations for 24K and 22K per 10 grams as of October 25; per-gram values are provided for quick comparison. Use these city-specific figures to gauge local premiums, compare hallmarking practices and help decide timing for purchases or exchanges. Always confirm with your chosen jeweller before transacting.
City-wise Gold Prices
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Delhi | ₹133,536.00 | ₹13,353.6 | ₹122,408.00 | ₹12,240.8 |
| Mumbai | ₹127,106.10 | ₹12,710.6 | ₹116,513.93 | ₹11,651.4 |
| Bangalore | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Chennai | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Hyderabad | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Kolkata | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Ahmedabad | ₹131,082.30 | ₹13,108.2 | ₹120,158.78 | ₹12,015.9 |
| Pune | ₹127,106.10 | ₹12,710.6 | ₹116,513.93 | ₹11,651.4 |
| Surat | ₹131,082.30 | ₹13,108.2 | ₹120,158.78 | ₹12,015.9 |
| Jaipur | ₹132,828.40 | ₹13,282.8 | ₹121,759.37 | ₹12,175.9 |
| Nagpur | ₹127,106.10 | ₹12,710.6 | ₹116,513.93 | ₹11,651.4 |
| Nashik | ₹127,106.10 | ₹12,710.6 | ₹116,513.93 | ₹11,651.4 |
| Vadodara | ₹131,082.30 | ₹13,108.2 | ₹120,158.78 | ₹12,015.9 |
| Coimbatore | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Visakhapatnam | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Vijayawada | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
| Mysore | ₹131,087.40 | ₹13,108.7 | ₹120,163.45 | ₹12,016.3 |
Quick Highlights
- Highest 24K (per 10g): Delhi at ₹133,536.00; Lowest 24K: Mumbai/Pune/Nagpur/Nashik at ₹127,106.10.
- Highest 22K (per 10g): Delhi at ₹122,408.00; Lowest 22K: Mumbai/Pune/Nagpur/Nashik at ₹116,513.93.
- Many southern and eastern markets (Bangalore, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) quote identical rates, indicating uniform retail pricing across those centres today.
- City-to-city variation is present but moderate — buyers can benefit by checking local premiums and hallmarking rather than relying solely on the base rate.
City Notes
- Delhi: Typically shows higher base rates and active hallmark checking — negotiate making charges separately.
- Mumbai: Among the lowest listed today — good option for price-sensitive buyers but confirm local taxes and hallmark.
- Bangalore: Uniform pricing with nearby southern cities; watch for festival demand premiums.
- Chennai: Stable retail quotes; inspect jewellery for BIS hallmark and invoice details.
- Hyderabad: Strong local gold demand; ensure clarity on wastage and making charges for bridal purchases.
- Kolkata: Consistent with regional rates — ask for session-wise buy-back policy if selling later.
- Ahmedabad: Ahmedabad and Surat often have close rates — good for traditional jewellery shopping.
- Pune: Lower base rate today; verify if discounts apply on plain gold vs studded pieces.
- Surat: Jewellery hub — check hallmark and make charges especially for custom pieces.
- Jaipur: Slightly higher 24K quotes; negotiate making charges on handcrafted designs.
- Nagpur: Matches lower-price cluster — check for local festival demand spikes.
- Nashik: Good for price-conscious buyers; confirm stock availability for specific designs.
- Vadodara: Close to Ahmedabad/Surat pricing — ask about certification on heavy pieces.
- Coimbatore: Uniform southern pricing — confirm hallmark and net weight details on the invoice.
- Visakhapatnam: Same southern cluster pricing — check buy-back and exchange policies before purchase.
- Vijayawada: Consistent regional rates — bargaining is usually on making charges, not base rate.
- Mysore: Southern pricing cluster; ensure BIS hallmark and clarity on stone/purity disclosures.
What Drives Today’s Prices
- Global spot gold: International bullion prices set the underlying trend for local retail quotations; traders refer to LBMA/COMEX/spot rates when pricing.
- INR–USD movement: A stronger rupee can moderate local rupee prices while a weaker rupee pushes them up — dealers adjust for currency swings.
- Import duty and taxes: Customs duties, GST on making charges and local levies affect retail pricing and premiums on jewellery.
- MCX and domestic futures cues: Domestic commodity market movements influence retail sentiment and dealer hedge positions.
- Local demand and festivals: Regional demand (weddings, festivals) and supply availability can create short-term premiums or discounts.
Buyer Tips
- Prefer BIS hallmark: Always buy BIS-hallmarked jewellery; hallmarks certify purity and give protection in resale or disputes.
- Verify karatage: Confirm 24K vs 22K stamping on invoice; 24K is purer (soft, used mainly for coins/bars/very plain jewellery), 22K is common for wearable traditional jewellery due to added strength.
- Understand making charges: Making charges and declared wastage materially affect the final bill — ask for a breakup and whether making is fixed or percentage-based.
- Check buy-back and exchange terms: Ask the jeweller about their buy-back rate (often lower than selling rate) and whether they charge for remelting or certification on resale.
- Compare net rates not just base price: Two shops with similar 24K/22K rates can end up very different on invoice depending on making, stone costs, certification and taxes.
- Keep evidence of purity: Preserve the invoice, hallmark certificate and any assay report — essential for resale and insurance claims.
FAQs
Q: Do these rates include making charges or taxes?
A: No. The listed figures are base retail quotations per 10g for 24K and 22K. Making charges, GST on making and any local levies are additional and vary by jeweller.
Q: How often do retail rates change?
A: Retail rates can change intraday based on international spot gold, INR–USD moves and local demand. Many jewellers update prices at least once daily; some change rates multiple times a day.
Q: What does BIS hallmark mean and why is it important?
A: BIS hallmark certifies the purity of gold jewellery in India and includes karat, fineness and jeweller’s mark. It helps ensure authenticity and supports resale value.
Q: Should I buy 24K or 22K jewellery?
A: 24K is pure gold and softer — suited for coins, bars and very plain bangles. 22K is alloyed for durability and is the common choice for wearable traditional jewellery; choose based on use, design and longevity.
Disclaimer: Rates vary by jeweller, locality, and time. Confirm locally before purchase.
I am G S Sachin, a gemologist with a Diploma in Polished Diamond Grading from KGK Academy, Jaipur. I love writing about jewelry, gems, and diamonds, and I share simple, honest reviews and easy buying tips on JewellersReviews.com to help you choose pieces you’ll love with confidence.