Today’s Gold Rate in India (June 28, 2025)
City | 22K Gold (per 10g) | 24K Gold (per 10g) |
---|---|---|
Delhi | ₹56,750 | ₹61,940 |
Mumbai | ₹56,600 | ₹61,780 |
Chennai | ₹57,150 | ₹62,300 |
Kolkata | ₹56,850 | ₹62,000 |
Bengaluru | ₹56,700 | ₹61,850 |
Hyderabad | ₹56,720 | ₹61,870 |
Ahmedabad | ₹56,680 | ₹61,830 |
Pune | ₹56,630 | ₹61,780 |
Jaipur | ₹56,800 | ₹61,950 |
Lucknow | ₹56,790 | ₹61,940 |
Gold — Not Just a Metal, But a Memory
Gold in India isn’t just about market rates. It’s deeply embedded in our culture, representing not only prosperity but tradition, sentiment, and future security. From weddings to festivals like Akshaya Tritiya and Diwali, the purchase of gold marks a moment of celebration, a moment of commitment.
Families in India often narrate stories of a grandmother’s bangle being melted into a daughter’s wedding necklace. Every gram of gold carries an emotion, a memory, and a promise.
What Influences the Gold Rate in India Today?
Global Economic Trends
Gold prices are heavily influenced by global market volatility. When inflation rises or currency value dips, gold becomes a safe haven. This is why many Indians still prefer investing in physical gold over stocks or mutual funds.
Currency Exchange Rates
Since gold is traded internationally in US dollars, any fluctuation in the INR/USD exchange rate impacts the domestic price. A weaker rupee means higher gold prices for Indian buyers.
Import Duties & GST
India imports most of its gold. The import duty currently stands at 12.5%, with an additional 3% GST. These taxes significantly impact the final cost to the consumer.
City-Wise Variations – Why Do Rates Differ?
Many people wonder why gold rates vary from city to city. The differences arise due to:
Transportation costs
Local demand and supply
State taxes and logistics
For instance, cities like Chennai and Hyderabad, where gold consumption is traditionally high, often see slightly different rates due to local demand.
Buying Gold Today — An Emotional Investment
In Indian households, gold is often the first form of savings. Parents start gold collections for their daughters’ weddings. Couples gift gold coins during anniversaries. Even newborns are welcomed with tiny gold trinkets.
For many, purchasing gold today isn’t just about investment—it’s about fulfilling emotional goals. It’s a mother’s pride, a father’s security net, a bride’s sparkle, and a grandmother’s legacy.