Despite the dip in gold prices, India’s major cities saw a rise in gold prices. In Mumbai, gold rates increased by ₹4000 or 2%, while Bangalore saw a surge of around ₹6000 or 5%. Gold prices are hovering around Rs 4,90,000 per 100 grams today.
In the previous trade, the precious metal had settled at ₹4, 93, 000 per 100 grams. The prices of 10 gram 22-carat gold in India today dipped by Rs 300, with the rate coming down to Rs 49,000 from Rs 49,300. Meanwhile, the 10 gram 24-carat gold tumbled by Rs 330, to be sold at Rs 53,450. The dip in gold prices has brought relief to people amid the ongoing wedding season. In Delhi, Mumbai, and Kolkata, the 10-gram 22-carat gold is being sold at Rs 49,000. In southern cities like Chennai, Coimbatore, and Madurai the precious metal was trading a bit higher at Rs 49,450 (for the ten grams of 22-carat gold), as per the Good Returns website. The prices of gold and silver vary across the country owing to the excise duty, state taxes, and other levies.
Gold Price Today | Check Revised Rates in Your City (Credit: The Good Returns website)
| City | 22-k gold (per 10 gm) | 24-k gold (per 10 gm) |
| Pune | Rs 49,050 | Rs 53,500 |
| Bangalore | Rs 49,000 | Rs 53,450 |
| Jaipur | Rs 49,150 | Rs 53,600 |
| Nagpur | Rs 49,050 | Rs 53,500 |
| Patna | Rs 49,050 | Rs 53,500 |
| Ahmedabad | Rs 49,080 | Rs 49,530 |
| Lucknow | Rs 49,150 | Rs 53,600 |
| Mysore | Rs 49,000 | Rs 53,450 |
In the international market, gold was trading higher at USD 1,952 per ounce and silver was flat at USD 24.45 per ounce. Readers, please note that the gold rates mentioned in the copy differ from the gold prices at jewelry shops.