Gold prices registered a downward trend across most cities in India compared to yesterday's rates. Across the country, the price for 1 gram of 22-carat gold stood at ₹14,585, marking a decrease of ₹145. Meanwhile, 8 grams of 22-carat gold dropped by ₹1,160 to reach ₹1,16,680.
Regional markets reflected similar downward adjustments in both 22-carat and 24-carat categories. In Coimbatore, 22-carat gold was priced at ₹14,505 for 1 gram (down by ₹145) and ₹1,16,040 for 8 grams (down by ₹1,160). The 24-carat gold in Coimbatore was recorded at ₹15,230 for 1 gram (down by ₹153) and ₹1,21,840 for 8 grams (down by ₹1,224).
In Nagpur, 22-carat gold dropped to ₹14,555 for 1 gram (down by ₹145) and ₹1,16,440 for 8 grams (down by ₹1,160), while 24-carat gold was marked at ₹15,283 for 1 gram (down by ₹152) and ₹1,22,264 for 8 grams (down by ₹1,216). Similarly, Visakhapatnam, Thrissur, and Vijayawada recorded 22-carat gold at ₹14,505 per gram and 24-carat gold at ₹15,230 per gram, following the same reduction margins.
Markets in Surat and Jaipur saw 22-carat gold priced at ₹14,609 for 1 gram (down by ₹145) and ₹1,16,872 for 8 grams (down by ₹1,160). The 24-carat gold in these cities stood at ₹15,339 for 1 gram (down by ₹153) and ₹1,22,712 for 8 grams (down by ₹1,224). Vadodara mirrored these exact pricing figures for both purities.
In Lucknow, Chandigarh, Ludhiana, and Kanpur, 22-carat gold was traded at ₹14,605 for 1 gram (down by ₹145) and ₹1,16,840 for 8 grams (down by ₹1,160). The 24-carat gold in these locations was priced at ₹15,335 for 1 gram (down by ₹153) and ₹1,22,680 for 8 grams (down by ₹1,224).
Indore recorded rates identical to Nagpur, with 22-carat gold at ₹14,555 per gram and 24-carat gold at ₹15,283 per gram. In Madurai, prices aligned with Coimbatore and Visakhapatnam, registering ₹14,505 for 1 gram of 22-carat and ₹15,230 for 1 gram of 24-carat gold.
Higher rates were observed in Bhubaneswar and Patna, where 22-carat gold stood at ₹14,655 for 1 gram (down by ₹145) and ₹1,17,240 for 8 grams (down by ₹1,160). The 24-carat gold in these two cities was priced at ₹15,388 for 1 gram (down by ₹152) and ₹1,23,104 for 8 grams (down by ₹1,216).
Finally, Mysore noted 22-carat gold at ₹14,615 for 1 gram (down by ₹145) and ₹1,16,920 for 8 grams (down by ₹1,160), while 24-carat gold was priced at ₹15,346 for 1 gram (down by ₹152) and ₹1,22,768 for 8 grams (down by ₹1,216).
"Fluctuations in daily bullion prices are a standard part of commodity market cycles. For businesses and entrepreneurs managing cash flow or working capital that intersects with precious metals, tracking these regional pricing adjustments is essential for accurate financial planning and inventory management." — Dr. Shishir Gupta, Founder & CEO, StartupLanes