Gold Rates in India, City Wise – Find Out Today’s Updated Gold Price
Gold has always had an importance in Indian culture, whether it is pertaining to weddings or festivals, or simply purchasing, investing, or saving. Due to fluctuations in the market, keeping up to date with the latest gold rates in India, city-specific, is important to make informed decisions when purchasing or selling. The change in price daily is based on international demand, import duty, and currency exchange.
Various Factors Influencing Gold Rate in India
The gold rate is influenced by various factors such as:
- International Market Trends: Changes in the international economy will have an effect on the gold price in India.
- Taxes and tariffs on imports: Due to the fact that most gold in India is imported, increases in import prices will affect domestic prices.
- Adjustment of rupee to dollar conversion: If the rupee weakens, then the actual price of gold in India will be more.
- Seasonal Demand: The festival and wedding seasons can lead to price hikes in gold rates owing to increased demand.
Today’s City-Wise Gold Rate in India
The following is a display of today’s 22K and 24K gold prices in major cities in India. (Note: Prices may vary a little depending on the jewellers and taxes)
| City | 22K Gold (₹/10g) | 24K Gold (₹/10g) |
| Delhi | 56,800 | 61,950 |
| Mumbai | 56,650 | 61,800 |
| Kolkata | 56,700 | 61,850 |
| Chennai | 57,200 | 62,300 |
| Hyderabad | 56,900 | 61,950 |
| Bengaluru | 56,950 | 62,000 |
Monitor Gold Prices Online
If you are looking to buy or invest, you may want to check the latest gold prices daily in India, city wise on our official Gold Price Update page for the most accurate and real time information.We encourage you to use this internal link to keep readers educated on live updates about gold rates, historical charts and more investment-related information found off our website.
Frequently Asked Questions About Gold Prices in India
1. What are the factors for the variation in gold rates between cities?
Variations in rates can be attributed to factors like transportation costs, local taxes, and prices that are charged to manufacture gold.
2. Which Indian city has the cheapest gold rate?
Southern Indian cities, like Chennai or Bengaluru, have cheaper prices because of the higher local supply.
3. How often do gold prices change?
Gold prices change daily in reaction to the global market and other factors in the local market.
4. What is the difference between 22K and 24K gold?
22K contains 91.6% purity, which makes it suitable for jewellery. Whereas 24K gold is 99.9% pure and is better suited to buying as an investment.
