Gold rates are shaped by a mix of factors such as global economics, investor behaviour, and geopolitical events. Gold, known as a traditional safe-haven asset, typically experiences surges in demand during periods of market uncertainty, particularly in times of inflation or currency depreciation. Central banks also influence market sentiment by increasing their gold reserves, which often enhances investor confidence in the metal.
Though gold is mined globally, extraction is expensive and time-consuming, which keeps the supply relatively inelastic. On the demand side, countries like India and China significantly influence prices due to cultural and industrial consumption.
Gold prices as Per Your City
| City | 10 grams 22 Carat (Rs) | 100 grams 24 Carat (Rs) |
|---|---|---|
| Dehli | 93,100 | 1,015,500 |
| Mumbai | 93,600 | 1,015,500 |
| Bangaluru | 91,550 | 1,015,500 |
| Chennai | 92,950 | 1,014,000 |
| Kolkata | 91,500 (Estimate) | 1,014,000 (Est) |
| Hyderabad | 92,950 | 1,014,000 |
| Ahemdabad | 93,000 | 1,014,500 |
| Pune | 92,950 | 1,014,000 |
| Kerala | 92,950 | 1,014,000 |
Note:
- Rates exclude making charges, GST, and other applicable levies. These can vary by jeweller and city.
- Small rounding differences may exist across platforms and jewellers.
- Market trends show some daily movement — check local jewellers or MCX futures for live updates.
