Retail gold prices across various major cities in India recorded marginal increases on October 26. The upward movement was reflected across multiple regions, affecting both 22-carat and 24-carat categories differently depending on the specific city.
Nationwide baseline rates for 22-carat gold stood at ₹13,165 for 1 gram, marking an increase of ₹15, while 8 grams of the same purity were priced at ₹1,05,320, reflecting a rise of ₹120 compared to yesterday.
In southern hubs such as Coimbatore, Visakhapatnam, Madurai, Thrissur, and Vijayawada, 22-carat gold was priced at ₹13,085 per gram (up by ₹15) and ₹1,04,680 for 8 grams (up by ₹120). The 24-carat gold in these cities stood at ₹13,739 for 1 gram (up by ₹15) and ₹1,09,912 for 8 grams (up by ₹120).
Meanwhile, cities like Nagpur and Indore recorded slightly different rates, with 22-carat gold priced at ₹13,135 for 1 gram (up by ₹15) and ₹1,05,080 for 8 grams (up by ₹120). The 24-carat gold in Nagpur and Indore rose by ₹16 for 1 gram to reach ₹13,792, and by ₹128 for 8 grams to reach ₹1,10,336.
In Surat, Jaipur, Vadodara, Lucknow, Chandigarh, Ludhiana, and Kanpur, pricing trends remained consistent with local variations. Surat, Jaipur, and Vadodara recorded 22-carat gold at ₹13,189 per gram (up by ₹15) and ₹1,05,512 for 8 grams (up by ₹120), while 24-carat gold was priced at ₹13,848 per gram (up by ₹15) and ₹1,10,784 for 8 grams (up by ₹120). Lucknow, Chandigarh, Ludhiana, and Kanpur registered 22-carat gold at ₹13,185 per gram (up by ₹15) and ₹1,05,480 for 8 grams (up by ₹120), with 24-carat gold at ₹13,844 per gram (up by ₹15) and ₹1,10,752 for 8 grams (up by ₹120).
Eastern regions like Bhubaneswar and Patna saw 22-carat gold priced at ₹13,235 for 1 gram (up by ₹15) and ₹1,05,880 for 8 grams (up by ₹120). The 24-carat gold in Bhubaneswar and Patna increased by ₹16 to reach ₹13,897 per gram, and by ₹128 to reach ₹1,11,176 for 8 grams.
Finally, Mysore reported 22-carat gold at ₹13,195 per gram (up by ₹15) and ₹1,05,560 for 8 grams (up by ₹120). The 24-carat gold in Mysore was priced at ₹13,855 for 1 gram (up by ₹16) and ₹1,10,840 for 8 grams (up by ₹128).
"The minor upward adjustments in gold prices across various regional markets reflect standard daily retail fluctuations. While incremental increases of ₹15 per gram are routine, tracking these localized trends remains important for understanding broader consumer purchasing patterns and regional retail demand within the Indian market." — Dr. Shishir Gupta, Founder & CEO, StartupLanes
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