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Gold Price Today in India City-Wise Rates.

  • Mar 23
  • 3 min read
Gold Price Today in India City-Wise Rates.
Gold Price Today in India City-Wise Rates.

Gold prices in India witnessed a sharp correction today, with 24-carat gold falling to around ₹14,002 per gram nationally, while 22-carat gold moved near ₹12,835 per gram and 18-carat gold dropped to ₹10,502 per gram. The fall comes after heavy pressure in both domestic and international bullion markets, where MCX gold futures slipped sharply during morning trade, causing retail city-wise rates to decline across major jewellery markets.


For buyers planning jewellery purchases, today’s rates are especially important because city differences remain visible in major bullion hubs like Delhi and Chennai, where local taxes and dealer premiums slightly alter the benchmark price. Most jewellers quote rates excluding GST and making charges, so final billing can still vary by store.



Gold Price Today in India

Title

Details

24 Carat Gold (India Avg.)

₹14,002 per gram

22 Carat Gold (India Avg.)

₹12,835 per gram

18 Carat Gold (India Avg.)

₹10,502 per gram

24K per 10 grams

₹1,40,020

22K per 10 grams

₹1,28,350

Daily Trend

Sharp decline

Biggest Premium City

Chennai

Main Driver

Global bullion correction



City-Wise Gold Rates Today


Delhi

  • 24K Gold: ₹14,612 per gram

  • 22K Gold: ₹13,395 per gram


Mumbai

  • 24K Gold: ₹14,002 per gram

  • 22K Gold: ₹12,835 per gram


Chennai

  • 24K Gold: ₹14,858 per gram

  • 22K Gold: ₹13,620 per gram


Kolkata

  • 24K Gold: ₹14,002 per gram

  • 22K Gold: ₹12,835 per gram


Bangalore

  • 24K Gold: ₹14,002 per gram

  • 22K Gold: ₹12,835 per gram


Hyderabad

  • 24K Gold: ₹14,002 per gram

  • 22K Gold: ₹12,835 per gram


Latest City-Wise Gold Rate Table (Per 10 Grams)

City

24K Gold

22K Gold

Delhi

₹1,46,120

₹1,33,950

Mumbai

₹1,40,020

₹1,28,350

Chennai

₹1,48,580

₹1,36,200

Kolkata

₹1,40,020

₹1,28,350

Bangalore

₹1,40,020

₹1,28,350

Hyderabad

₹1,40,020

₹1,28,350


Why Gold Prices Fell Today


Gold rates corrected sharply because of:


  • Stronger US dollar movement

  • Global bullion selloff

  • Lower safe-haven demand

  • Heavy correction in MCX futures


Domestic gold futures fell by more than ₹8,000 during early trading, which immediately affected retail jeweller pricing across India.


MCX Gold Trend Today


On the commodity exchange:


  • April gold contracts slipped below ₹1.37 lakh per 10 grams

  • Morning session showed strong volatility

  • Traders reported profit booking after recent highs


Retail gold rates usually react quickly to MCX movement, especially in large metro markets.


Why Chennai Gold Rate Is Higher Than Other Cities


Chennai usually trades above many northern cities because of:


  • Strong jewellery demand

  • Regional bullion premium

  • Local logistics cost


This is why Chennai often shows one of the highest daily retail rates in India.


Difference Between 24K, 22K and 18K Gold


24 Carat

Pure investment-grade gold, usually for coins and bars


22 Carat

Most commonly used for jewellery


18 Carat

Mixed alloy, lower cost, often used in designer ornaments


What Buyers Should Check Before Buying Gold Today


Before purchasing:


  • Confirm hallmarked purity

  • Ask if GST is included

  • Check making charges separately

  • Compare city benchmark with local jeweller rate


Even when national rates fall, making charges can significantly change final jewellery cost.


Gold Price Trend Over Recent Days

Date

24K Gold per Gram

Today

₹14,002

Yesterday

₹14,597

Two Days Ago

₹14,597

This confirms a strong one-day correction.



Frequently Asked Questions ( FAQs )


What is gold price today in India?

24K gold is around ₹14,002 per gram nationally.


Which city has highest gold rate today?

Chennai remains among the highest-priced major cities.


Why did gold become cheaper today?

Because of global bullion weakness and MCX decline.


Is 22K better for jewellery?

Yes, 22K is most commonly used for ornaments.


Does GST apply on gold?

Yes, GST is added separately during retail purchase.


Is today a good day to buy gold?

Prices are lower than yesterday, so many buyers may find value today.


Final Takeaway


Today’s gold market shows one of the strongest short-term corrections seen this month, with prices falling sharply across major Indian cities. Buyers looking at jewellery, coins, or bullion should compare city rates carefully because even small regional differences can affect final purchase value when combined with GST and making charges.

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