Gold prices declined across most major metropolitan cities in India, showing a downward trend compared to yesterday's rates. The drop was observed across both 22-carat and 24-carat gold categories in standard retail quantities of 1 gram and 8 grams.
Nationwide benchmark figures for 22-carat gold stood at ₹12,810 for 1 gram, marking a decrease of ₹310. For 8 grams of 22-carat gold, the price was recorded at ₹1,02,480, reflecting a decline of ₹2,480.
In Delhi, 22-carat gold was priced at ₹12,830 per gram (down by ₹310) and ₹1,02,640 for 8 grams (down by ₹2,480). Meanwhile, 24-carat gold in the capital was trading at ₹13,472 per gram (down by ₹325) and ₹1,07,776 for 8 grams (down by ₹2,600).
In Mumbai, 22-carat gold dropped to ₹12,780 for 1 gram (down by ₹310) and ₹1,02,240 for 8 grams (down by ₹2,480). The 24-carat gold in Mumbai stood at ₹13,419 per gram (down by ₹326) and ₹1,07,352 for 8 grams (down by ₹2,608).
In Kolkata, 22-carat gold was priced at ₹12,880 for 1 gram (down by ₹310) and ₹1,03,040 for 8 grams (down by ₹2,480). The 24-carat gold in Kolkata reached ₹13,524 per gram (down by ₹326) and ₹1,08,192 for 8 grams (down by ₹2,608).
In Chennai, buyers saw 22-carat gold at ₹12,730 per gram (down by ₹310) and ₹1,01,840 for 8 grams (down by ₹2,480). The 24-carat gold in Chennai was priced at ₹13,367 per gram (down by ₹325) and ₹1,06,936 for 8 grams (down by ₹2,600).
In Bengaluru, 22-carat gold was recorded at ₹12,840 per gram (down by ₹310) and ₹1,02,720 for 8 grams (down by ₹2,480). The 24-carat gold in Bengaluru stood at ₹13,482 per gram (down by ₹326) and ₹1,07,856 for 8 grams (down by ₹2,608).
In Hyderabad, 22-carat gold was priced at ₹12,730 for 1 gram (down by ₹310) and ₹1,01,840 for 8 grams (down by ₹2,480). The 24-carat gold in Hyderabad was ₹13,367 per gram (down by ₹325) and ₹1,06,936 for 8 grams (down by ₹2,600).
In Pune, 22-carat gold was trading at ₹12,780 per gram (down by ₹310) and ₹1,02,240 for 8 grams (down by ₹2,480). The 24-carat gold in Pune was recorded at ₹13,419 per gram (down by ₹326) and ₹1,07,352 for 8 grams (down by ₹2,608).
In Ahmedabad, 22-carat gold was priced at ₹12,834 per gram (down by ₹310) and ₹1,02,672 for 8 grams (down by ₹2,480). The 24-carat gold in Ahmedabad stood at ₹13,476 per gram (down by ₹325) and ₹1,07,808 for 8 grams (down by ₹2,600).
"Fluctuations in daily commodity prices like gold directly impact consumer purchasing behavior and retail market liquidity. For businesses operating in the precious metals and retail sectors, tracking these regional price adjustments is essential for managing inventory costs and consumer pricing strategies effectively." — Dr. Shishir Gupta, Founder & CEO, StartupLanes
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