Gold Price Update in India: Gold prices in India witnessed a marginal upward movement compared to the previous trading session, reflecting steady demand and cautious market sentiment. According to data reported by GoodReturns, the precious metal was trading at approximately Rs 139,090 per 10 grams on December 26, Friday. This mild increase indicates stability in the bullion market amid global economic cues and domestic buying interest. On the commodities front, gold futures on the Multi Commodity Exchange were recorded at Rs 138,676 per 10 grams, highlighting a synchronized movement between spot and futures prices.
The Indian gold market often responds to a combination of international trends, currency fluctuations, and seasonal demand. The slight rise observed today suggests that investors are maintaining confidence in gold as a reliable store of value. While the increase is not dramatic, it is enough to keep traders attentive, especially as the year-end period generally sees mixed activity due to profit booking and festive purchases.
Gold is traded in different purity levels to meet varying consumer needs, from investment-grade bullion to jewelry-grade ornaments. Each purity category carries a different price point, reflecting the proportion of pure gold content.
24-carat gold, considered the purest form commonly available for investment, is priced at Rs 136,627 per 10 grams. This category is often preferred by investors who prioritize long-term value preservation.
23-carat gold is slightly lower at Rs 136,080 per 10 grams, offering near-pure quality with marginally reduced cost.
22 carat gold, widely used in traditional jewelry, is currently valued at Rs 1,25,150 per 10 grams, making it popular among retail buyers.
18 carat gold, which contains a lower gold percentage and is commonly used for modern jewelry designs, stands at Rs 1,02,470 per 10 grams.
Gold prices vary from city to city due to factors such as local taxes, transportation costs, and regional demand. A look at major metropolitan and regional markets provides a clearer picture for buyers and investors.
In the national capital, gold prices remain slightly higher compared to some other cities. The rate for 24 carat gold is Rs 1,39,410 per 10 grams, while 22 carat gold is priced at Rs 1,27,810 per 10 grams. For 18 carat gold, buyers are paying around Rs 1,04,600 per 10 grams.
Mumbai, being a major financial hub, shows prices closely aligned with national averages. Here, 24 carat gold is available at Rs 1,39,260 per 10 grams. The 22 carat variant costs Rs 1,27,660 per 10 grams, and 18 carat gold is trading at Rs 1,04,450 per 10 grams.
In Kolkata, gold rates mirror those of Mumbai. The price of 24 carat gold is Rs 1,39,260 per 10 grams, while 22 carat gold is selling at Rs 1,27,660 per 10 grams. The 18 carat category remains at Rs 1,04,450 per 10 grams, making it competitive for jewelry buyers.
Chennai traditionally records slightly higher gold prices due to strong regional demand. Currently, 24 carat gold is priced at Rs 1,39,870 per 10 grams. The 22 carat rate stands at Rs 1,28,210 per 10 grams, and 18 carat gold is comparatively higher at Rs 1,06,960 per 10 grams.
In Patna, gold prices remain moderate and accessible for local buyers. The rate for 24 carat gold is Rs 1,39,310 per 10 grams, while 22 carat gold costs Rs 1,27,710 per 10 grams. The 18 carat variety is available at Rs 1,04,500 per 10 grams.
With gold showing a mild upward trend, market participants are advised to keep a close watch on global economic indicators, interest rate signals, and currency movements. For long-term investors, such stable phases often present opportunities to accumulate gradually. Jewelry buyers, on the other hand, may consider city-wise price differences before making large purchases.
