A morning queue at a small jewellery store in Karol Bagh, shutters still rattling, tells the story. Gold prices inch up across India, with fresh rate lists posted for 22K, 24K and 18K, a shift now noted widely in the India Current News cycle. The move feels steady, not wild. Thatโs how it looks today.
Global and Domestic Factors Behind the Latest Price Increase
Overnight cues nudged sentiment. A softer dollar often makes imported bullion less expensive in dollar terms, yet rupee moves can flip the final ticket in India. Traders spoke of light safe-haven buying as bond yields cooled a touch. Not dramatic. Just enough to tilt the scale.
Back home, the mood is practical. Wedding dates, advance bookings, and the usual โbuy on dipsโ habit that families follow. Bullion dealers in Zaveri Bazaar said premiums stayed modest, though not flat. Logistics, refinery throughput, and spot demand all add tiny edges. And yes, that old friction during peak wedding weeks. Pricing cards in showrooms change twice before lunch. Annoying, yes.
Updated Gold Prices for 22K, 24K and 18K Across Major Indian Cities
Fresh boards went up by mid-morning. Staff taped laminated sheets next to counters humming under white light and the cool hum of AC.
Indicative retail quotes per 10 grams
(final bills vary by making charges and GST; these are typical counter quotes seen today in metro markets in India; small shops may differ)
| City | 24K (โน/10g) | 22K (โน/10g) | 18K (โน/10g) |
| Delhi | 130,300 | 119,400 | 97,700 |
| Mumbai | 130,150 | 119,250 | 97,550 |
| Kolkata | 130,420 | 119,540 | 97,820 |
| Chennai | 130,940 | 120,020 | 98,200 |
| Bengaluru | 130,260 | 119,360 | 97,650 |
| Hyderabad | 130,790 | 119,890 | 98,090 |
| Ahmedabad | 130,180 | 119,280 | 97,560 |
| Pune | 130,210 | 119,310 | 97,590 |
| Jaipur | 130,370 | 119,480 | 97,740 |
| Lucknow | 130,250 | 119,350 | 97,640 |
Small spreads appear normal. A few hundreds either side. Sometimes more by afternoon. Thatโs how retail flows.
City-Wise Comparison: Where Gold Is Costliest and Cheapest Today
Chennai and Hyderabad sat at the top end of the board, helped by lively wedding orders and a smidge of local premium. Mumbai and Ahmedabad quoted slightly cheaper than Delhi in several counters checked before noon. Kolkata tended to sit in the upper middle. Lucknow stayed close to Delhi prints, with small shopfronts quoting tighter deals for regular patrons. Relationships matter. Sometimes itโs the small habits that matter.
Quick hints seen on the ground:
- Metro high streets move first, then tier-2 cities track.
- Large chains hold steadier stickers, local stores negotiate faster.
- Afternoon revisions are common on volatile days. Keep an eye, carry patience.
Short-Term and Medium-Term Gold Price Outlook
Short term, the path looks choppy. If global yields slip and the dollar cools, 24K may get a mild tailwind. If the rupee weakens, domestic rates can rise even if global prices pause. So timing gets tricky, as usual.
Medium term, much hangs on central bank stance, inflation drift, and risk appetite in equities. Indiaโs wedding calendar, festival windows, and the steady SIP-like buying pattern in digital gold and ETFs could keep floors intact. Not a promise. Just seasoned behaviour seen for years.
What the Price Rise Means for Buyers and Investors
For jewellery buyers, round numbers matter. A move of a few hundred per 10 grams changes a bridal set bill by a few thousand rupees. Thatโs real money for families planning tightly. And making charges vary a lot, so two shops on the same lane can produce very different totals.
For investors, patience beats impulse. Staggered purchases curb regret. ETFs and Sovereign Gold Bonds remove making charges, and SGBs add interest on top of price moves. Physical coins still appeal for gifting and that reassuring weight in hand. Each format serves a job. Thatโs how we see it anyway.
Understanding the Difference Between 22K, 24K and 18K Gold
Think purity first, usage second.
- 24K sits at the top of purity. Popular for coins, bars, and investment pieces. Softer metal, minimal alloy. Price reacts fastest to global ticks.
- 22K suits daily and wedding jewellery better. Alloy gives strength. Most Indian families ask for 22K bangles, chains, and classic sets.
- 18K leans to design-heavy or gemstone-set ornaments. Stronger feel, lighter on pure gold content, so ticket size often fits modern budgets.
A quick rule people still use in stores: compare todayโs 24K with 22K and 18K quotes, then check making charges line by line. Ask for a breakdown. Saves arguments later.
Gold Prices Stay Firm as Market Awaits Further Cues
Indiaโs counters point higher today, steady rather than jumpy. 24K, 22K and 18K rate cards across major cities show small spreads, with Chennai and Hyderabad near the top and western markets a notch lower. The near path hinges on global yields, dollar tone, and rupee steps.
Families will keep buying for weddings anyway, just trim a bangle or add a lighter chain. Investors will average in, because that habit works over cycles. The market breathes, listens, adjusts. Feels like real work sometimes.


