Snapshot: Gold rates across major Indian cities on October 19 show modest variation, with city premiums driving the spread between locations. This report covers New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata and lists per‑10g retail prices for 24K and 22K gold, plus per‑gram conversions for quick comparison. Use these prices as a same‑day reference — local jewellers may add hallmarking and making charges that affect the amount payable. Below are city tables, quick takeaways, buyer notes and practical tips for retail purchasers.
City-wise Gold Prices (October 19, 2025)
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| New Delhi | ₹139,464.70 | ₹13,946.5 | ₹127,842.64 | ₹12,784.3 |
| Mumbai | ₹131,860.70 | ₹13,186.1 | ₹120,872.31 | ₹12,087.2 |
| Bengaluru | ₹137,006.00 | ₹13,700.6 | ₹125,588.83 | ₹12,558.9 |
| Chennai | ₹136,088.80 | ₹13,608.9 | ₹124,748.07 | ₹12,474.8 |
| Hyderabad | ₹136,078.50 | ₹13,607.9 | ₹124,738.63 | ₹12,473.9 |
| Kolkata | ₹136,078.50 | ₹13,607.9 | ₹124,738.63 | ₹12,473.9 |
Quick Highlights
- The highest 24K per‑10g in the primary set is New Delhi at ₹139,464.70; the lowest is Mumbai at ₹131,860.70.
- Among the headline cities, 24K prices cluster between ~₹131,860 and ₹139,465 per 10g, a moderate band driven by local premiums.
- The 22K–24K gap (per 10g) ranges around ₹11,000–12,000 in most cities; this reflects the purity difference priced at retail.
City Notes
- New Delhi: Larger showrooms and higher footfall; expect slightly higher premiums and a wide choice of BIS‑hallmarked pieces.
- Mumbai: Competitive pricing from established jewellers—good for bargaining on making charges for plain jewellery.
- Bengaluru: Strong retail demand for modern designs; branded stores may charge higher making fees.
- Chennai: Traditional buying patterns favor classic pieces; check for local design premiums on temple jewellery.
- Hyderabad: High local demand for weighted jewellery—verify gross weight and wastage charges.
- Kolkata: Hallmark compliance strong among large jewellers; smaller stores may quote slightly different premiums.
What Drives Today’s Prices
- Global spot gold: International bullion rates set the base; any movement in COMEX/LBMA prices filters into local rates.
- INR–USD exchange: A weaker rupee raises rupee‑denominated gold prices; a stronger rupee eases them.
- Import duty and taxes: Custom duties, GST structure and local levies shape retail pricing and margins.
- MCX and domestic futures: Local futures trading signals short‑term direction and influences retail quotations.
- Local demand and festivals: Seasonal buying, weddings and regional demand pockets add premiums at specific centres.
Buyer Tips
- Prefer BIS hallmark: Buy only BIS‑hallmarked jewellery and ensure the hallmark matches the stated karatage.
- 24K vs 22K: 24K (pure) versus 22K (alloyed) — choose 24K for purity and investment, 22K for everyday durability.
- Making charges and wastage: These are retailer‑specific and can exceed metal cost—negotiate and ask for a detailed invoice showing making, wastage and GST.
- Buy‑back and exchange: Check the jeweller’s buy‑back policy, rates and any deductions before purchase.
FAQs
- Q: Are these retail rates final? A: These are indicative city retail rates for October 19; final price includes making charges, hallmark fees and applicable taxes—confirm with the jeweller.
- Q: How can I verify purity? A: Look for the BIS hallmark and karat stamp (22K, 24K) on the piece and insist on a detailed invoice.
- Q: What are making charges? A: Making charges cover workmanship and design and vary by store and item type; they are separate from metal price and usually non‑refundable on resale.
- Q: When is the best time to buy gold? A: Prices fluctuate with global rates and rupee moves; consider buying during dips, compare local premiums, and avoid peak festival surcharges if possible.
Other Major Cities
| City | 24K (10g) / 22K (10g) |
|---|---|
| Ahmedabad | ₹135,980.60 / ₹124,648.88 |
| Pune | ₹131,860.70 / ₹120,872.31 |
| Surat | ₹135,980.60 / ₹124,648.88 |
| Jaipur | ₹137,731.40 / ₹126,253.78 |
| Nagpur | ₹131,860.70 / ₹120,872.31 |
| Nashik | ₹131,860.70 / ₹120,872.31 |
| Vadodara | ₹135,980.60 / ₹124,648.88 |
| Coimbatore | ₹136,088.80 / ₹124,748.07 |
| Visakhapatnam | ₹136,078.50 / ₹124,738.63 |
| Vijayawada | ₹136,078.50 / ₹124,738.63 |
| Mysore | ₹137,006.00 / ₹125,588.83 |
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.