Snapshot: Retail gold rates across major Indian cities show modest variation on November 11, 2025. This update lists 24-karat and 22-karat prices per 10 grams (and per gram) in 17 cities including New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata. Use these city-level quotes as a directional guide — actual transaction rates can differ by jeweller due to making charges, local taxes and buy-back policies. All figures below are in ₹ (INR) and reflect the supplied retail quotes for the day.
City-wise Gold Prices (November 11, 2025)
| City | 24K (per 10g) ₹ | 24K (per g) ₹ | 22K (per 10g) ₹ | 22K (per g) ₹ |
|---|---|---|---|---|
| New Delhi | 134,821.60 | 13,482.2 | 123,586.47 | 12,358.6 |
| Mumbai | 128,157.20 | 12,815.7 | 117,477.43 | 11,747.7 |
| Bengaluru | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Chennai | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Hyderabad | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Kolkata | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Ahmedabad | 132,367.90 | 13,236.8 | 121,337.24 | 12,133.7 |
| Pune | 128,157.20 | 12,815.7 | 117,477.43 | 11,747.7 |
| Surat | 132,367.90 | 13,236.8 | 121,337.24 | 12,133.7 |
| Jaipur | 133,894.90 | 13,389.5 | 122,736.99 | 12,273.7 |
| Nagpur | 128,157.20 | 12,815.7 | 117,477.43 | 11,747.7 |
| Nashik | 128,157.20 | 12,815.7 | 117,477.43 | 11,747.7 |
| Vadodara | 132,367.90 | 13,236.8 | 121,337.24 | 12,133.7 |
| Coimbatore | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Visakhapatnam | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Vijayawada | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
| Mysore | 132,373.00 | 13,237.3 | 121,341.92 | 12,134.2 |
Quick Highlights
- Highest 24K: New Delhi at ₹134,821.60 per 10g; Highest 22K: New Delhi at ₹123,586.47 per 10g.
- Lowest rates: Mumbai, Pune, Nagpur and Nashik report the day’s lowest 24K (₹128,157.20/10g) and 22K (₹117,477.43/10g).
- Many southern and eastern cities (Bengaluru, Chennai, Hyderabad, Kolkata, Coimbatore, Visakhapatnam, Vijayawada, Mysore) share identical posted rates, indicating a tight regional pricing band.
- The spread between the highest and lowest 24K quoted here is modest (~₹6,664.40 per 10g), reflecting relatively narrow retail variance across listed cities today.
City Notes
- New Delhi: Expect city premiums and stronger demand for investment-grade 24K; verify hallmarking at purchase.
- Mumbai: Competitive market with many jewellers — shop around for lower making charges.
- Bengaluru: South Indian designs (temple, antique) can carry higher wastage; ask for itemised charges.
- Chennai: Demand for traditional jewellery is steady; confirm BIS hallmark and invoice details.
- Hyderabad: Popular for custom pieces; negotiate making charges for large orders.
- Kolkata: Jewellery festivals can push premiums up — check seasonal offers.
- Ahmedabad: Local trade hubs may offer competitive buy-back; insist on a clear buy-back clause.
- Pune: Strong retail competition — compare hallmark and returns policies.
- Surat: Large manufacturing base; bespoke work may be cost-effective but verify purity.
- Jaipur: Gem-set jewellery common; making charges and stone costs can dominate final price.
- Nagpur: Regional pricing mirrors Maharashtra hubs; check jeweller reputation for buy-back.
- Nashik: Smaller market; fewer bargains — clarify wastage and labour fees.
- Vadodara: Traditional markets with fixed premiums; insist on hallmark proof.
- Coimbatore: Local craftsmen popular for custom work — get detailed estimates.
- Visakhapatnam: Coastal demand patterns can affect premiums — confirm final billing.
- Vijayawada: Jewellery stores often bundle offers around festivals — compare effective gold rate after charges.
- Mysore: Heritage designs imply higher workmanship charges for detailed pieces.
What Drives Today’s Prices
- Global spot gold: International bullion prices set the base for domestic rates via imports and local hedging.
- INR/USD moves: A weaker rupee raises import costs; a stronger rupee moderates domestic retail prices.
- Import duty & taxes: Government levies and GST on jewellery components affect retail premiums.
- MCX and local futures: Domestic commodity market cues and short-term trader flows influence jewellers’ quoting behaviour.
- Local demand & festival cycles: Seasonal buying (weddings, festivals) and regional demand pockets can lift premiums and making charges.
Buyer Tips
- Prefer BIS hallmark; verify karatage stamp (916 for 22K, 999 for 24K) and insist on a printed hallmark certificate for expensive pieces.
- 24K vs 22K: 24K is purer but softer — 22K (91.6% purity) is more durable for daily wear; choose based on use and design.
- Making charges and wastage: These are added on top of metal value and vary by design complexity; seek itemised billing and compare effective price per gram.
- Buy-back & invoice: Check buy-back rates, purity clauses and retain invoices — many jewellers offer preferential exchange or buy-back terms.
FAQs
- Q: Are these rates final transaction prices?
A: These are posted retail quotes; final price can change with making charges, local taxes and jeweller margins — confirm before buying. - Q: How do I verify purity?
A: Look for the BIS hallmark (999 for 24K, 916 for 22K) and ask the jeweller for a test report or assay if in doubt. - Q: Why do making charges differ so much?
A: Making charges depend on design complexity, labour costs, store policy and negotiated discounts — request a breakdown. - Q: When is the best time to buy gold?
A: For lower effective cost, buy when global spot prices and the rupee are favourable and avoid peak festival markups; for investment, consider rupee-strength and macro cues rather than timing short-term dips.
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.

