Gold has long been considered a stable investment and a symbol of wealth in Indian households. However, the recent surge in gold prices has made headlines. In the past week alone, 24-carat gold prices have increased by ₹1,420, showing a strong bullish trend in the bullion market. Whether you’re planning a wedding, looking to invest, or simply curious, it is essential to stay informed about the daily gold rates in your city.
In this article, we break down the latest 22K and 24K gold rates per 10 grams across 10 major Indian cities and analyze why gold prices are continuously rising.
Gold Price Today in India: Summary Table
| City | 22K Gold Price (per 10g) | 24K Gold Price (per 10g) |
|---|---|---|
| Delhi | ₹93,050 | ₹1,01,500 |
| Mumbai | ₹92,900 | ₹1,01,350 |
| Kolkata | ₹92,900 | ₹1,01,350 |
| Chennai | ₹92,900 | ₹1,01,350 |
| Hyderabad | ₹92,900 | ₹1,01,350 |
| Jaipur | ₹93,050 | ₹1,01,500 |
| Lucknow | ₹93,050 | ₹1,01,500 |
| Chandigarh | ₹93,050 | ₹1,01,500 |
| Bhopal | ₹92,950 | ₹1,01,400 |
| Ahmedabad | ₹92,950 | ₹1,01,400 |
Note: Gold prices are updated daily and may vary slightly depending on local jewellers and taxes.
Detailed Gold Rates by City (22K & 24K)
1. Gold Price in Delhi
- 22K Gold: ₹93,050 per 10 grams
- 24K Gold: ₹1,01,500 per 10 grams
Delhi consistently shows one of the highest gold rates among metro cities, primarily due to high demand and local levies.
2. Gold Price in Mumbai
- 22K Gold: ₹92,900
- 24K Gold: ₹1,01,350
Mumbai remains a key market for bullion trading, and its prices closely follow the international gold trends.
3. Gold Rate in Kolkata
- 22K Gold: ₹92,900
- 24K Gold: ₹1,01,350
Despite the proximity to port cities, gold prices in Kolkata are slightly lower than in Delhi and Jaipur.
4. Gold Price in Chennai
- 22K Gold: ₹92,900
- 24K Gold: ₹1,01,350
Being a hub for traditional gold jewellery, Chennai sees stable gold prices with seasonal spikes during festivals.
5. Gold Rate in Hyderabad
- 22K Gold: ₹92,900
- 24K Gold: ₹1,01,350
Hyderabad’s gold price is aligned with other southern cities, reflecting consistent buying activity.
6. Gold Price in Jaipur
- 22K Gold: ₹93,050
- 24K Gold: ₹1,01,500
Known for its intricate jewellery, Jaipur often reflects premium pricing due to craftsmanship demand.
7. Gold Rate in Lucknow
- 22K Gold: ₹93,050
- 24K Gold: ₹1,01,500
Gold demand in Lucknow has surged with the wedding season, keeping prices on the higher side.
8. Gold Price in Chandigarh
- 22K Gold: ₹93,050
- 24K Gold: ₹1,01,500
Chandigarh follows northern India’s price trends and remains a major retail gold destination.
9. Gold Rate in Bhopal
- 22K Gold: ₹92,950
- 24K Gold: ₹1,01,400
Bhopal shows a minor dip compared to metros, making it slightly more affordable.
10. Gold Price in Ahmedabad
- 22K Gold: ₹92,950
- 24K Gold: ₹1,01,400
A major city for gold trading in Gujarat, Ahmedabad’s rates are marginally lower than in Jaipur.
Silver Price Today
Alongside gold, silver prices have also seen a significant rise.
- Current Silver Rate: ₹1,13,000 per kilogram
Why Are Gold Prices Rising?
There are multiple reasons behind the consistent increase in gold prices:
1. Global Economic Uncertainty
Recession fears, geopolitical tensions, and inflation have pushed investors towards gold as a safe-haven asset.
2. Rupee Depreciation
A weaker rupee against the US dollar leads to increased import costs of gold, making it expensive domestically.
3. High Demand During Wedding Season
India sees a surge in gold purchases during wedding and festive seasons, naturally pushing up the price.
4. Speculative Trading
Investor interest in gold Exchange Traded Funds (ETFs) and futures adds to the price volatility.
Tips Before Buying Gold
Before purchasing gold, especially during a high-price phase, keep the following in mind:
- Check the daily gold rate in your city
- Ensure hallmark certification
- Buy from a trusted jeweller or brand
- Compare making charges
- Consider gold savings schemes if you plan to buy in bulk later
How Is Gold Price Determined in India?
Gold prices in India are influenced by a combination of:
- International gold rates
- Import duties
- Local demand and supply
- Currency exchange rates
- Government taxes and GST
Official Link to Check Gold Prices
To check the official and updated gold rates across cities, visit:
https://ibja.co/ (Indian Bullion and Jewellers Association)
FAQs on Gold Price Today in India
Q1. What is the current price of 24K gold in India?
As of today, the average price of 24-carat gold is ₹1,01,500 per 10 grams.
Q2. Is gold cheaper in any Indian city today?
Prices vary slightly. Bhopal and Ahmedabad offer comparatively lower rates than metro cities.
Q3. What is the price of 22K gold in Mumbai?
The current price of 22K gold in Mumbai is ₹92,900 per 10 grams.
Q4. Why is gold price increasing every day?
Rising inflation, global economic uncertainty, and strong local demand are driving up gold prices.
Q5. Where can I check the latest gold price online?
You can check on reliable sources like the Indian Bullion and Jewellers Association (https://ibja.co) or through reputed banks and jewellers.
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