Gold Prices Rise Across Major Indian Cities

Gold prices witnessed an upward movement across most major metropolitan cities in India. Nationally, the price for 1 gram of 22-carat gold stood at ₹13,275, reflecting an increase of ₹60, while 8 grams of 22-carat gold rose by ₹480 to reach ₹1,06,200.

In Delhi, the price for 22-carat gold was recorded at ₹13,295 for 1 gram (up by ₹60) and ₹1,06,360 for 8 grams (up by ₹480). For 24-carat gold in the national capital, 1 gram was priced at ₹13,960 (up by ₹63) and 8 grams at ₹1,11,680 (up by ₹504).

In Mumbai, 22-carat gold was valued at ₹13,245 for 1 gram (up by ₹60) and ₹1,05,960 for 8 grams (up by ₹480). Meanwhile, 24-carat gold in Mumbai stood at ₹13,907 for 1 gram (up by ₹63) and ₹1,11,256 for 8 grams (up by ₹504).

Kolkata recorded some of the higher rates among the metros. The price of 22-carat gold reached ₹13,345 for 1 gram (up by ₹60) and ₹1,06,760 for 8 grams (up by ₹480). 24-carat gold in Kolkata was priced at ₹14,012 for 1 gram (up by ₹63) and ₹1,12,096 for 8 grams (up by ₹504).

In Chennai, 22-carat gold was traded at ₹13,195 for 1 gram (up by ₹60) and ₹1,05,560 for 8 grams (up by ₹480). 24-carat gold in Chennai stood at ₹13,855 for 1 gram (up by ₹63) and ₹1,10,840 for 8 grams (up by ₹504).

In Bengaluru, 22-carat gold prices were ₹13,305 for 1 gram (up by ₹60) and ₹1,06,440 for 8 grams (up by ₹480). The 24-carat gold in Bengaluru was priced at ₹13,970 for 1 gram (up by ₹63) and ₹1,11,760 for 8 grams (up by ₹504).

In Hyderabad, 22-carat gold matched Chennai's rates at ₹13,195 for 1 gram (up by ₹60) and ₹1,05,560 for 8 grams (up by ₹480), while 24-carat gold was priced at ₹13,855 for 1 gram (up by ₹63) and ₹1,10,840 for 8 grams (up by ₹504).

In Pune, prices aligned with Mumbai, registering ₹13,245 for 1 gram of 22-carat gold (up by ₹60) and ₹1,05,960 for 8 grams (up by ₹480). 24-carat gold in Pune stood at ₹13,907 for 1 gram (up by ₹63) and ₹1,11,256 for 8 grams (up by ₹504).

Finally, in Ahmedabad, 22-carat gold was priced at ₹13,299 for 1 gram (up by ₹60) and ₹1,06,392 for 8 grams (up by ₹480). 24-carat gold in Ahmedabad was recorded at ₹13,964 for 1 gram (up by ₹63) and ₹1,11,712 for 8 grams (up by ₹504).

"Fluctuations in daily commodity prices, such as the modest increases seen in gold across major Indian cities, are routine market movements. For businesses and individuals dealing in precious metals, monitoring regional price variations between 22-carat and 24-carat gold is essential for accurate short-term financial planning and purchasing decisions." — Dr. Shishir Gupta, Founder & CEO, StartupLanes