Snapshot: Today’s retail gold prices for key Indian cities show a noticeable premium in the national capital versus coastal markets. This report covers rates in New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata for October 21, 2025, with prices quoted per 10 grams for 24K and 22K gold and per-gram equivalents. Use these numbers as a reference; local jewellers may add making charges, taxes and small premiums depending on store, locality and stock.
City-wise Gold Prices (October 21, 2025)
| City | 24K (per 10g) | 24K (per g) | 22K (per 10g) | 22K (per g) |
|---|---|---|---|---|
| New Delhi | ₹141,331.00 | ₹14,133.1 | ₹129,553.42 | ₹12,955.3 |
| Mumbai | ₹133,630.90 | ₹13,363.1 | ₹122,494.99 | ₹12,249.5 |
| Bengaluru | ₹138,882.40 | ₹13,888.2 | ₹127,308.87 | ₹12,730.9 |
| Chennai | ₹137,956.80 | ₹13,795.7 | ₹126,460.40 | ₹12,646.0 |
| Hyderabad | ₹137,956.80 | ₹13,795.7 | ₹126,460.40 | ₹12,646.0 |
| Kolkata | ₹137,956.80 | ₹13,795.7 | ₹126,460.40 | ₹12,646.0 |
Quick Highlights
- Highest 24K (per 10g): New Delhi at ₹141,331.00; Lowest 24K: Mumbai at ₹133,630.90 — a gap of ~₹7,700 per 10g.
- 22K follows the same pattern: New Delhi highest (₹129,553.42) and Mumbai lowest (₹122,494.99).
- South and eastern metros (Chennai, Hyderabad, Kolkata) show identical listed rates today, indicating uniform pricing among those markets.
- Bengaluru sits between the highest and lowest, reflecting somewhat higher local premiums than Mumbai but lower than Delhi.
City Notes
- New Delhi: Higher listed rates reflect strong urban demand and occasional higher local premiums; verify hallmark and invoice details.
- Mumbai: Competitive market prices; large jewellery hubs often offer tighter buy/sell spreads.
- Bengaluru: Premiums can be slightly higher due to local retail demand; check making charges upfront.
- Chennai: Consistent pricing across showrooms today; South Indian demand patterns can push designs and making charges up.
- Hyderabad: Strong demand for traditional designs; confirm wastage and making rates before purchase.
- Kolkata: Rates align with Chennai/Hyderabad today; ensure BIS hallmark and proper invoice for buyback.
What Drives Today’s Prices
- Global spot gold (USD): International bullion moves set the base; dollar strength/weakness affects INR-denominated prices.
- INR–USD exchange rate: A weaker rupee raises domestic gold prices even if global dollar quotes are stable.
- Import duties and taxes: Customs duty and local GST components influence retail pricing and dealer premiums.
- MCX and local futures: Commodity-market trends and near-term contracts shape retail sentiment and stock costs.
- Local demand and festival season: Regional buying patterns, weddings and festivals can push premiums and making charges higher.
Buyer Tips
- Prefer BIS hallmark: Always buy BIS-hallmarked jewellery and verify karatage (e.g., 22K or 24K) on the piece and invoice.
- 24K vs 22K: 24K is pure but softer and more for investment; 22K is more durable for everyday jewellery and may carry different making charges.
- Making charges & wastage: These are retailer-set and vary by design and weight—ask for a breakup and whether charges are fixed or percentage-based.
- Buy-back and resale: Check the jeweller’s buy-back policy, rate basis (current daily rate vs store rate) and whether GST is applied on making charges.
- Invoice is crucial: Insist on a detailed invoice showing metal purity, gross and net weight, making charges, hallmark and GST for future claims.
FAQs
- Q: Are these rates final retail prices? A: These are base metal rates per 10g; final retail bills include making charges, GST and any local premiums.
- Q: How do I confirm purity? A: Look for the BIS hallmark and the stamped karat (22K/24K) on the jewellery and ensure the invoice repeats this information.
- Q: What are making charges? A: Making charges cover craftsmanship and vary by jeweller and design; they are usually non-negotiable on intricate pieces but can be compared across stores.
- Q: When is the best time to buy? A: Prices fluctuate daily; for best value, avoid festival rush when premiums rise, compare rates across reputable jewellers and consider buying when local premiums narrow.
Other Major Cities
| City | 24K (10g) / 22K (10g) |
|---|---|
| Ahmedabad | ₹137,848.80 / ₹126,361.40 |
| Pune | ₹133,630.90 / ₹122,494.99 |
| Surat | ₹137,848.80 / ₹126,361.40 |
| Jaipur | ₹139,599.00 / ₹127,965.75 |
| Nagpur | ₹133,630.90 / ₹122,494.99 |
| Nashik | ₹133,630.90 / ₹122,494.99 |
| Vadodara | ₹137,848.80 / ₹126,361.40 |
| Coimbatore | ₹137,956.80 / ₹126,460.40 |
| Visakhapatnam | ₹137,956.80 / ₹126,460.40 |
| Vijayawada | ₹137,956.80 / ₹126,460.40 |
| Mysore | ₹138,882.40 / ₹127,308.87 |
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.