Today’s Gold Rates Across Major Cities
Below are the latest recorded rates per 10 grams for the two most popular purities:
| City | 24K (₹/10 g) | 22K (₹/10 g) |
|---|---|---|
| Delhi | ₹100,203 | ₹91,863 |
| Mumbai | ₹99,380 | ₹91,100 |
| Chennai | ₹99,420 | ₹91,150 |
| Bangalore | ₹99,420 | ₹91,150 |
| Hyderabad | ₹99,380 | ₹91,100 |
| Pan‑India Average | ₹100,150 | ₹91,800 |
Note: Prices may vary slightly depending on local jewellers, taxes, and making charges.
A Closer Look: Why Prices Differ
Purity Differences
24K gold (99.9%) is the purest form and hence commands a premium.
22K gold (91.6%) is commonly used for making jewelry and is slightly less expensive.
City‑Wise Variations
The difference in gold rates across Indian cities is due to varying state taxes (like VAT), transportation costs, and local demand. Delhi and Mumbai, for instance, often show slight variations based on these factors.
Trends: Gold Hovers Near Monthly Highs
Gold prices have remained strong this month, nearing a record high for July. On July 22, 2025, 24K gold touched ₹100,203 per 10 grams in Delhi, maintaining a bullish trend that has been seen over the past few weeks.
With global uncertainties, inflation concerns, and investor interest in safe-haven assets, gold continues to be in demand both as a symbol of wealth and a solid investment option.
What’s Driving These Prices?
Global Economic Signals
The strength or weakness of the US dollar, along with inflation trends and geopolitical tensions, directly impacts international gold prices. When the dollar weakens or global tensions rise, gold prices tend to go up.
Currency and Import Costs
India imports most of its gold. Hence, any fluctuations in the rupee against the dollar, along with rising import duties or shipping costs, get reflected in daily gold rates. A softer rupee makes gold more expensive domestically.
