Gold and silver remain in focus for buyers as people planning to purchase jewellery, coins or precious metals around the festive period closely track the latest market rates. If you are considering buying gold or silver today, checking the prevailing prices before visiting a jewellery store can help you plan your purchase better.
According to the latest available rates, gold prices are largely steady, with no major movement compared with the previous reported levels. Silver is also trading around its earlier levels across most major Indian cities.
However, the actual amount paid at a jewellery store can be different from the indicative market price. Factors such as gold purity, making charges, GST, product design and other applicable costs can increase the final bill.
Gold Price Today: What Are the Latest Rates?
Gold continues to trade at elevated levels in the domestic market. The latest indicative price for 24-carat gold stands at ₹15,458 per gram, which translates to approximately ₹1,54,580 for 10 grams.
For buyers looking at other purity levels, 22-carat gold is priced at around ₹14,170 per gram, while 18-carat gold is available at approximately ₹11,594 per gram.
Here are the indicative gold rates:
| Gold Purity | Latest Price |
|---|---|
| 24-carat gold | ₹15,458 per gram |
| 24-carat gold | ₹1,54,580 per 10 grams |
| 22-carat gold | ₹14,170 per gram |
| 18-carat gold | ₹11,594 per gram |
For jewellery buyers, 22-carat gold is particularly relevant because it is widely used for making ornaments. The price of finished jewellery, however, will normally be higher than the quoted gold rate because making charges and taxes are added separately.
Gold Rates in Delhi, Mumbai, Patna and Other Cities
Gold prices can differ slightly from one city to another because of local market conditions and other factors. The latest indicative 24-carat gold prices across major cities are:
| City | Gold Price Per Gram |
|---|---|
| Patna | ₹15,463 |
| Ranchi | ₹15,458 |
| Lucknow | ₹15,473 |
| Mumbai | ₹15,458 |
| Delhi | ₹15,473 |
| Kolkata | ₹15,458 |
| Chennai | ₹15,458 |
| Bengaluru | ₹15,458 |
Among the cities listed above, Delhi and Lucknow have a slightly higher quoted rate of ₹15,473 per gram. Mumbai, Kolkata, Chennai, Bengaluru and Ranchi are at ₹15,458 per gram, while Patna stands at ₹15,463.
Silver Price Today: Check Latest Rates
Silver prices are also holding broadly steady. The precious metal is currently quoted at approximately ₹245 per gram. This works out to ₹2,450 for 10 grams and ₹2,45,000 for one kilogram.
The indicative silver prices are:
| Quantity | Silver Price |
|---|---|
| 1 gram | ₹245 |
| 10 grams | ₹2,450 |
| 1 kilogram | ₹2,45,000 |
Silver is widely purchased not only for jewellery and utensils but also for coins and investment purposes. Retail prices can vary depending on purity, product type and local demand.
Silver Rates Across Major Indian Cities
Most of the cities covered in the latest price list are quoting silver at ₹2,450 per 10 grams. Chennai is an exception, where the indicative rate is slightly higher.
| City | Silver Price Per 10 Grams |
|---|---|
| Patna | ₹2,450 |
| Ranchi | ₹2,450 |
| Lucknow | ₹2,450 |
| Mumbai | ₹2,450 |
| Delhi | ₹2,450 |
| Kolkata | ₹2,450 |
| Chennai | ₹2,500 |
| Bengaluru | ₹2,450 |
Chennai's quoted silver price of ₹2,500 per 10 grams is ₹50 higher than the rate listed for the other major cities in this comparison.
Buying Gold Jewellery? Check More Than Just the Market Rate
Customers should avoid making a purchase decision solely on the basis of the headline gold price. The final cost of jewellery depends on several components.
First, check the purity of the gold and verify the hallmark before purchasing jewellery. Buyers should also compare prices at different jewellers because retail quotations and making charges may vary.
Making charges are especially important because they can significantly increase the final cost of jewellery. More intricate designs may carry higher charges than simpler ornaments.
Applicable GST and other charges should also be considered while calculating the total purchase cost. Before making payment, carefully check the invoice and ensure that details such as the weight, purity, gold rate, making charges and applicable taxes are clearly mentioned.
The same caution applies when buying silver. Rates can vary depending on whether you are purchasing coins, jewellery, utensils or other silver products.
What Should Buyers Do Before Purchasing Gold or Silver?
Gold and silver prices are currently showing limited movement compared with the previously reported rates. For consumers planning a festive purchase, this provides an opportunity to compare options instead of rushing into a transaction based only on short-term price changes.
Precious-metal prices can change during the day depending on domestic and international market conditions. Retail rates can also differ from the indicative prices quoted online.
Therefore, anyone planning to buy gold or silver should confirm the latest rate directly with a local jeweller before completing the purchase. Comparing purity, making charges, taxes and the final payable amount can help buyers make a more informed decision.
