Today’s gold snapshot covers major Indian cities including Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata for October 11. Retail 24K and 22K rates per 10 grams vary across centres, with New Delhi quoting the highest 24K rate among the headline cities and Mumbai showing the lowest. The table below gives city-wise 10g and per-gram figures, followed by quick takeaways, buyer-focused notes and practical tips to help retail buyers understand what shapes the final price.
City-wise Gold Prices (October 11, 2025)
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| Mumbai | ₹125,683.70 | ₹12,568.4 | ₹115,210.06 | ₹11,521.0 |
| Bengaluru | ₹129,700.00 | ₹12,970.0 | ₹118,891.67 | ₹11,889.2 |
| Chennai | ₹129,700.00 | ₹12,970.0 | ₹118,891.67 | ₹11,889.2 |
| Hyderabad | ₹129,700.00 | ₹12,970.0 | ₹118,891.67 | ₹11,889.2 |
| New Delhi | ₹132,148.50 | ₹13,214.9 | ₹121,136.13 | ₹12,113.6 |
| Kolkata | ₹129,700.00 | ₹12,970.0 | ₹118,891.67 | ₹11,889.2 |
Quick Highlights
- Highest 24K (10g): New Delhi at ₹132,148.50; Lowest 24K (10g): Mumbai at ₹125,683.70.
- Several southern and eastern centres (Bengaluru, Chennai, Hyderabad, Kolkata) quote identical rates, indicating a close regional pricing band of ₹129,700 (24K/10g).
- The 24K–22K spread per 10g ranges roughly between ~₹10,473 and ~₹11,012 among headline cities, reflecting the standard purity discount for 22K.
City Notes
- Mumbai: Competitive jewellery market; ask for itemised making charges and check for seasonal shop offers.
- Bengaluru: Strong demand for bridal designs — expect standard BIS hallmarking and modest retailer premiums in popular areas.
- Chennai: Traditional gold buying remains high; verify weight and hallmark on the spot before payment.
- Hyderabad: Known for intricate jewellery; making charges can be higher for handcrafted pieces.
- New Delhi: Prices often include slight locality premiums; compare buy-back and exchange terms across stores.
- Kolkata: Hallmarking increasingly enforced; insist on BIS stamp and a proper invoice for warranty/buy-back.
What Drives Today’s Prices
- Global spot gold: International bullion prices set the base; any overnight moves in USD gold reflect in local rates.
- INR/USD exchange: A stronger rupee cushions imported-gold costs; a weaker rupee raises local retail rates.
- Import duty & local taxes: Customs duty, GST and state levies add to landed cost and shop pricing.
- MCX & domestic futures: Commodity market trends and short-term trading can influence retailer quotes.
- Local demand and festival season: Wedding and festival buying increases retailer premiums and making charges.
Buyer Tips
- Prefer BIS hallmark: Always buy BIS-hallmarked gold; check the hallmark for karatage (22K/24K) and the jeweller’s mark.
- 24K vs 22K: 24K is pure but softer; 22K is more durable for everyday jewellery — choose based on use and design.
- Making charges and wastage: These are added on top of metal rates and vary by design complexity and shop — negotiate and get a written breakup.
- Check buy-back & invoice: Insist on a proper invoice with weight, purity and making charge details; clarify buy-back policy and conditions.
FAQs
- Q: Are the daily rates the same for buying and selling?
A: No — retailers quote a buy (retail) price and a lower sell (scrap/buy-back) rate; always confirm both before transacting. - Q: How can I verify purity?
A: Look for the BIS hallmark and karat/purity stamp on the item; for second-hand items, get a certified test if uncertain. - Q: Why do making charges differ widely?
A: Making charges depend on design complexity, labour, store policy and local competition; fixed jewellery (like coins) often has lower making fees. - Q: When is the best time to buy gold?
A: For lower premiums, avoid peak festive/wedding seasons; monitor global gold and INR moves — buy when local premiums and international spot prices are stable or easing.
Other Major Cities
| City | 24K (10g) / 22K (10g) |
|---|---|
| Ahmedabad | ₹129,694.80 / ₹118,886.90 |
| Pune | ₹125,683.70 / ₹115,210.06 |
| Surat | ₹129,694.80 / ₹118,886.90 |
| Jaipur | ₹131,341.20 / ₹120,396.10 |
| Nagpur | ₹125,683.70 / ₹115,210.06 |
| Nashik | ₹125,683.70 / ₹115,210.06 |
| Vadodara | ₹129,694.80 / ₹118,886.90 |
| Coimbatore | ₹129,700.00 / ₹118,891.67 |
| Visakhapatnam | ₹129,700.00 / ₹118,891.67 |
| Vijayawada | ₹129,700.00 / ₹118,891.67 |
| Mysore | ₹129,700.00 / ₹118,891.67 |
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.