If you’ve been tracking the gold price today in India, you’ve probably noticed a significant jump, with the yellow metal continuing its upward trend across major cities. Time to check your portfolio!
City-Wise Gold Rates (10 Grams)
As of today, the approximate gold rates for 10 grams (excluding GST, TCS, and making charges) are as follows:
| City | 24 Carat Gold Price (₹) | 22 Carat Gold Price (₹) |
| Delhi | 1,15,520 | 1,05,900 |
| Bangalore | 1,15,420 | 1,05,800 |
| Chennai | 1,15,520 | 1,05,900 |
| Hyderabad | 1,15,370 | 1,05,750 |
| Kolkata | 1,15,370 | 1,05,750 |
Compare the gold rates to a week ago, and the prices have jumped significantly.
The recent spike in gold rates is primarily driven by global uncertainty and the actions of major central banks. Key factors include – US fed rate cuts, rupee weakness & festive demand.
Experts suggest the general trend for gold remains bullish in the near to medium term. While short-term corrections are possible, factors like continued central bank buying and global risk are likely to keep the prices on an upward trajectory. This means buying on dips might be a smart move for long-term investors.
Always remember that the prices listed are for pure bullion. The final cost of gold jewelry will include extra costs like making charges and taxes, so shop around!
