Citywise Gold Prices in India – August 7, 2025
City | 22K Gold (₹/10g) | 24K Gold (₹/10g) |
---|---|---|
Delhi | ₹93,883 | ₹1,02,403 |
Mumbai | ₹93,737 | ₹1,02,257 |
Kolkata | ₹93,735 | ₹1,02,255 |
Bangalore | ₹93,725 | ₹1,02,245 |
Chennai | ₹93,731 | ₹1,02,251 |
Pune | ₹93,743 | ₹1,02,263 |
These are average retail prices for 22K and 24K gold per 10 grams in major Indian cities as of August 7, 2025. Minor fluctuations may occur based on local jeweller rates and timing during the day.
Why Gold Prices Vary Across Cities
Gold prices differ city to city due to a few key reasons:
Local taxes and state VAT: State governments levy their own taxes, causing variation.
Transportation and logistics costs: Some cities pay more due to distance from import ports or refineries.
Jeweller markup and demand: Prices may rise with local demand or premium jeweller branding.
For example, gold rates in Delhi and Pune tend to be slightly higher due to demand and local cost structures.
Impact on Buyers and Sellers
For Jewellery Buyers
If you’re shopping for jewellery today, understanding your city’s rate is crucial. A ₹100 difference per 10 grams can significantly affect your total bill, especially for heavy bridal sets. Always check if the rate quoted includes or excludes making charges and hallmarking.
For Investors and Sellers
Investors dealing in coins or bars should track daily price changes to maximize returns. A ₹50–₹100 shift may not seem like much, but across multiple units, it adds up. Also, city rates matter when selling – a few rupees more per gram in one city could mean better resale value.
Factors Driving Today’s Gold Rates
Several national and international dynamics influence gold prices:
Global gold market trends
Indian Rupee vs. US Dollar exchange rate
Import duties and central tax structures
Domestic demand from festivals, weddings, or market sentiment
Even if global gold becomes cheaper, Indian prices may remain high due to taxes and transport margins.
Smart Tips to Buy Gold in Your City
Compare rates online and locally before finalizing your purchase. Prices may vary slightly across stores.
Buy BIS-hallmarked gold to ensure purity and resale value.
Negotiate making charges — especially for jewellery items. These can range from 3% to 10%.
Buy on low-rate days and during off-season for better deals.
Sell when your city has high demand, especially during festive seasons.
Emotional Value of Gold in India
Gold is more than just a commodity — it’s a tradition. Whether it’s a wedding, birth, or religious festival, gold is woven into Indian culture. For many families, buying a gram of gold is symbolic of growth, security, and love.
For mothers saving gold for their daughters’ weddings, for sons sending gold gifts from abroad, or newlyweds beginning their lives together with golden bangles — today’s price is more than a number; it’s a sentiment.
A shift in gold prices can influence not only market behavior but emotional decisions too.
Conclusion: Stay Informed and Buy Smart
On August 7, 2025, the average gold price in India stands at approximately ₹93,700 to ₹93,900 per 10 grams for 22K, and ₹1,02,200 to ₹1,02,400 for 24K. While most cities have slight differences, being informed gives you the power to make smarter buying or selling decisions.
If you’re planning to purchase gold today, make sure to verify the latest rate in your city, check purity certification, and look for jewellers with transparent pricing.