Gold has always held a special place in the hearts of Indians, whether as an investment, a symbol of wealth, or a cherished part of cultural traditions. With the wedding season around the corner and ongoing economic fluctuations, keeping an eye on daily gold prices has become even more crucial. Today, we bring the latest updates on 22-carat (22K) and 24-carat (24K) gold rates per 10 grams across 10 major Indian cities.
Let’s dive into today’s city-wise gold price trends:
1. Delhi
In the national capital, 22K gold is priced at ₹5,640 per 10 grams, while 24K gold is trading at ₹6,150 per 10 grams. Delhi continues to show strong demand, especially in festive and wedding seasons.
2. Mumbai
Mumbai, India’s financial hub, sees 22K gold priced at ₹5,630 and 24K gold at ₹6,140 per 10 grams. Due to lower transportation costs and high-volume trading, prices here are usually among the most competitive.
3. Chennai
Gold lovers in Chennai pay ₹5,680 for 22K and ₹6,200 for 24K gold per 10 grams. Tamil Nadu’s deep-rooted gold culture keeps prices steady despite market fluctuations.
4. Kolkata
In Kolkata, 22K gold is priced at ₹5,635 per 10 grams, while 24K is available at ₹6,145. Being one of the largest gold consumers, prices in Kolkata often closely mirror those of Mumbai.
5. Bengaluru
Bengaluru’s current gold prices are ₹5,640 for 22K and ₹6,150 for 24K per 10 grams. With rising urban demand, the city’s gold market remains vibrant and closely linked to international trends.
6. Hyderabad
In Hyderabad, the 22K gold price today is ₹5,640 per 10 grams, and the 24K price is ₹6,150. Similar to Bengaluru, Hyderabad’s rates are stable, influenced by both traditional demand and new-age investors.
7. Ahmedabad
Ahmedabad reports 22K gold at ₹5,635 and 24K gold at ₹6,145 per 10 grams today. Gujarat’s affinity for gold investment ensures a consistent trading pattern throughout the year.
8. Pune
Gold in Pune is priced at ₹5,630 for 22K and ₹6,140 for 24K per 10 grams. Being close to Mumbai, Pune’s rates generally align with the financial capital, making it an attractive market for buyers.
9. Jaipur
The pink city, Jaipur, known for its exquisite gold jewelry craftsmanship, shows today’s prices at ₹5,645 for 22K and ₹6,155 for 24K per 10 grams.
10. Lucknow
In Lucknow, 22K gold is trading at ₹5,640 and 24K gold at ₹6,150 per 10 grams. With a growing urban population, demand for both bullion and jewelry remains strong.
Factors Affecting Gold Prices Today
Several key factors are influencing gold prices today:
- International Market Trends: Gold rates in India are heavily influenced by global markets, especially prices set in the U.S. and Europe.
- Rupee-Dollar Fluctuations: A weaker rupee against the dollar can make imported gold more expensive.
- Inflation and Interest Rates: As inflation rises, gold becomes a safer investment, pushing prices up.
- Festive and Wedding Season Demand: With Akshaya Tritiya and wedding seasons approaching, demand surges, impacting rates.
- Geopolitical Tensions: Global uncertainties often lead to increased demand for safe-haven assets like gold.
Should You Buy Gold Today?
If you are planning to purchase gold jewelry, coins, or bars, today’s stable rates across cities offer a good opportunity. However, investors looking for large-scale purchases might want to monitor international market trends closely as volatility remains.
Always remember to buy gold from reputed jewelers who provide a proper bill and hallmark certification. Additionally, consider tracking gold ETFs and sovereign gold bonds if you’re thinking about long-term investments.
Disclaimer: The above gold rates are subject to market fluctuations and local taxes. It’s advisable to confirm the prices with local jewelers before making a purchase.