Snapshot: On October 30, retail gold rates across major Indian cities show modest variation, with 24K and 22K bullion clustered within a narrow band. This report lists per-10g and per-gram rates for cities including Ahmedabad, Pune, Jaipur, Nashik, Coimbatore and Vijayawada, alongside Delhi, Mumbai, Bangalore, Chennai, Hyderabad and others. Use these city-specific figures to compare local premiums, check hallmarking norms and estimate purchase costs after making charges and taxes.
City-wise Gold Prices: City,22k_10gm,24k_10gm
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Delhi | ₹128,291.70 | ₹12,829.2 | ₹117,600.73 | ₹11,760.1 |
| Mumbai | ₹121,870.00 | ₹12,187.0 | ₹111,714.17 | ₹11,171.4 |
| Bangalore | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Chennai | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Hyderabad | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Kolkata | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Ahmedabad | ₹125,838.00 | ₹12,583.8 | ₹115,351.50 | ₹11,535.2 |
| Pune | ₹121,870.00 | ₹12,187.0 | ₹111,714.17 | ₹11,171.4 |
| Surat | ₹125,838.00 | ₹12,583.8 | ₹115,351.50 | ₹11,535.2 |
| Jaipur | ₹127,478.10 | ₹12,747.8 | ₹116,854.93 | ₹11,685.5 |
| Nagpur | ₹121,870.00 | ₹12,187.0 | ₹111,714.17 | ₹11,171.4 |
| Nashik | ₹121,870.00 | ₹12,187.0 | ₹111,714.17 | ₹11,171.4 |
| Vadodara | ₹125,838.00 | ₹12,583.8 | ₹115,351.50 | ₹11,535.2 |
| Coimbatore | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Visakhapatnam | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Vijayawada | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
| Mysore | ₹125,843.10 | ₹12,584.3 | ₹115,356.18 | ₹11,535.6 |
Quick Highlights
- Highest 24K per 10g: Delhi at ₹128,291.70; lowest 24K among listed cities: Mumbai/Pune/Nagpur/Nashik at ₹121,870.00.
- 22K rates are tightly clustered between ~₹111,714 and ~₹117,601 per 10g across cities shown.
- Regional spreads are modest — differences largely reflect local premiums and rounding rather than big market divergence.
City Notes
- Delhi: Expect slightly higher showroom premiums in central markets; verify BIS hallmark on purchase.
- Mumbai: Competitive pricing in bulk-buy hubs; ask for itemized making charges.
- Bangalore: Steady demand in festive season; compare quotes across mall and street jewellers.
- Chennai: Traditional designs may carry higher making charges; confirm weight on invoice.
- Hyderabad: Look for certified pieces in Banjara and Himayat areas; negotiate making charges.
- Kolkata: Local hallmarking centres are common — insist on BIS stamp and invoice.
- Ahmedabad: Major jewellery markets offer deal-based discounts for repeat customers.
- Pune: Transparent billing common in chain stores; check weekend markup policies.
- Surat: Good for customised jewellery; confirm wastage and labour components up front.
- Jaipur: Premiums can be higher in tourist areas; local shops may offer better bargains off-main roads.
- Nagpur: Standard retail practices — insist on hallmark and clear return policy.
- Nashik: Compare few neighbourhood jewellers for making charge differences.
- Vadodara: Regional collections sometimes include extra gemstone premiums; check certificate.
- Coimbatore: Strong retail competition; confirm net payable after GST and making charges.
- Visakhapatnam: Coastal demand pockets can lead to selective premiums for specific designs.
- Vijayawada: Popular wedding-buy city — enquire about bulk-purchase terms and buy-back options.
- Mysore: Royal-design demand may increase making charges for intricate work.
What Drives Today’s Prices
- Global spot gold: International bullion prices set the base for domestic rates.
- INR/USD movements: A weaker rupee raises local rupee prices even if international gold is stable.
- Import duty & taxes: Duties and GST influence the final retail outlay and retailer pricing policies.
- MCX and domestic futures: Local futures and intra-day trading can nudge retail quotes.
- Local demand and supply: Festival, wedding season and regional demand pockets affect premiums and making charges.
Buyer Tips
- Prefer BIS hallmark: Always buy BIS-hallmarked gold and verify karatage (22K, 24K) on the bill.
- 24K vs 22K: 24K is purer (yellow gold) but softer; 22K is common for jewellery due to better durability.
- Making charges & wastage: These are variable — ask for itemised making, wastage and GST before purchase.
- Compare buy-back & invoice terms: Check buy-back percentage, resale policies and retain the tax invoice for hallmarking proof.
FAQs
- Q: Are these rates per 10g or per gram? A: The table shows both per-10g and per-gram retail rates; per-gram is the per-10g value divided by 10 (rounded).
- Q: How do I confirm gold purity? A: Look for the BIS hallmark and the karatage (22K/24K) stamp; request a printed invoice with these details.
- Q: Why do making charges vary so much? A: Making charges depend on design complexity, labour, regional practice and the retailer’s pricing policy; they are independent of metal rate.
- Q: When is the best time to buy gold? A: For long-term investors, regular SIP-like purchases reduce timing risk. For jewellery buyers, non-festival weekdays sometimes have lower retailer premiums and better negotiation room.
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.