Gold Prices Updated Across India
Gold prices in India were updated on April 7, with slight fluctuations seen in different cities. The yellow metal continues to attract buyers and investors as it remains one of the most trusted assets during times of economic uncertainty.
According to the latest data, the price of 24-carat gold is around ₹1,62,343 per 10 grams, while 22-carat gold is approximately ₹1,49,561 per 10 grams. Meanwhile, 18-carat gold is priced around ₹1,22,369 per 10 grams.
These prices are indicative and may vary slightly depending on the city, jeweller, and additional charges such as GST and making charges.
City-Wise Gold Rates in Major Metro Cities
Gold prices are generally similar across major metropolitan cities, although minor variations occur due to local demand and transportation costs.
In New Delhi, 24-carat gold is priced at around ₹1,46,500 per 10 grams, while 22-carat gold is approximately ₹1,34,300. The same trend is visible in cities like Mumbai, Chennai, and Bengaluru, where the price levels remain largely similar.
In Kolkata, the price of 24-carat gold is slightly lower at around ₹1,45,900 per 10 grams, while the 22-carat rate is approximately ₹1,33,700 per 10 grams.
These daily updates help consumers compare prices before making jewellery purchases or investments.
Why Gold Prices Fluctuate
Gold prices change regularly due to several global and domestic factors. International gold prices, fluctuations in the US dollar, and geopolitical developments can significantly impact bullion rates.
In addition, domestic demand in India—especially during wedding seasons and festivals—also influences price trends. Analysts note that gold is often considered a safe-haven asset, which means investors tend to buy more gold during economic or geopolitical uncertainty.
Central bank policies, inflation levels, and global trade tensions can also affect gold prices in international markets.
Which Gold Is Best for Buying?
Gold is available in different purity levels, commonly measured in karats.
24-Carat Gold:
This is the purest form of gold, containing about 99.9% gold. It is mainly used for investment purposes such as gold bars and coins.
22-Carat Gold:
This contains about 91.6% pure gold and is widely used for jewellery in India due to its durability and shine.
18-Carat Gold:
With around 75% gold content, this type is often used in designer jewellery because it is stronger and more resistant to scratches.
Before purchasing gold, buyers are advised to check BIS hallmark certification, which ensures purity and authenticity.
Market Outlook for Gold
Experts believe gold prices may remain volatile in the short term due to global economic uncertainties. However, long-term demand is expected to remain strong because gold is widely viewed as a reliable store of value.
Investors and buyers are advised to track daily price changes and compare rates across different cities and jewellers before making a purchase.
