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24K (999)
₹7,650
+₹45
22K (916)
₹7,012
+₹41
18K (750)
₹5,738
+₹34
Prices per gram • Source: IBJA (India Bullion & Jewellers Association)

Gold Rate by City

City 24K /g 22K /g 18K /g Change
Mumbai ₹7,650 ₹7,012 ₹5,738 +₹45
Delhi ₹7,660 ₹7,021 ₹5,745 +₹45
Chennai ₹7,670 ₹7,030 ₹5,753 +₹46
Bangalore ₹7,655 ₹7,017 ₹5,741 +₹45
Hyderabad ₹7,658 ₹7,019 ₹5,744 +₹46
Kolkata ₹7,650 ₹7,012 ₹5,738 +₹45
Ahmedabad ₹7,648 ₹7,010 ₹5,736 +₹44
Pune ₹7,652 ₹7,014 ₹5,739 +₹45
Jaipur ₹7,652 ₹7,014 ₹5,739 +₹45
Lucknow ₹7,655 ₹7,016 ₹5,741 +₹44
Coimbatore ₹7,668 ₹7,028 ₹5,751 +₹46
Chandigarh ₹7,658 ₹7,019 ₹5,744 +₹45

Understanding Gold Prices

What affects gold prices today?

Gold rates in India fluctuate based on several factors:

  • International gold prices (LBMA London) - The global benchmark
  • USD to INR exchange rate - Currency fluctuations impact import costs
  • Import duty - Currently 15% on gold imports
  • GST - 3% on gold, 5% on making charges
  • Local demand & supply - Festival seasons, wedding demand affect prices
  • Central bank policies - Interest rates and monetary policy decisions

Why do prices vary by city?

Gold rates differ slightly across Indian cities due to:

  • Transportation costs - Distance from import hubs (Mumbai, Delhi)
  • Local taxes - Some states have additional levies
  • Demand patterns - Higher demand in certain regions
  • Jeweller margins - Varies by local competition

Typically, prices are lowest in Mumbai and Delhi, which are major gold trading centers.

24K vs 22K vs 18K - Which to buy?

  • 24K (999 purity) - 99.9% pure gold. Best for investment, coins, bars. Too soft for intricate jewelry.
  • 22K (916 purity) - 91.6% gold, 8.4% alloys. Standard for Indian jewelry. Good balance of purity and durability.
  • 18K (750 purity) - 75% gold, 25% alloys. More durable, used for designer/diamond jewelry. Better for daily wear.

Investment buyers: Choose 24K coins or bars from certified sources. Compare investment options →
Jewelry buyers: 22K is traditional Indian standard. 18K for modern designs. Learn which to buy →