Gold Price Today: Getting jewelry made in Chennai is costlier than in Delhi or Mumbai..
Gold Rate Today in India: Ongoing tensions in West Asia have dampened gold prices for the second consecutive day. After a day of stability, prices have fallen again today. Over the past two days, the price of 10 grams of 24-carat gold has dropped by ₹1,270, while 22-carat gold has become cheaper by ₹1,160. Specifically, today saw a decline of ₹10 for both 10 grams of 24-carat gold and 22-carat gold. As for silver, prices have fallen for the second straight day—following a day of stability—due to sluggish industrial demand; the price of one kilogram of silver has decreased by ₹100 today.
City-wise Gold Prices
Let’s find out the price of 10 grams of gold (18-carat, 22-carat, and 24-carat purity) across 10 major cities in the country...
City 24-Carat Gold Price (10g) 22-Carat Gold Price (10g) 18-Carat Gold Price (10g)
Delhi ₹1,54,720 ₹1,41,840 ₹1,16,080
Mumbai ₹1,54,570 ₹1,41,690 ₹1,15,930
Kolkata ₹1,54,570 ₹1,41,690 ₹1,15,930
Chennai ₹1,55,670 ₹1,42,690 ₹1,20,390
Bengaluru ₹1,54,570 ₹1,41,690 ₹1,15,930
Hyderabad ₹1,54,570 ₹1,41,690 ₹1,15,930
Lucknow ₹1,54,720 ₹1,41,840 ₹1,16,080
Patna ₹1,54,620 ₹1,41,740 ₹1,15,980
Jaipur ₹1,54,720 ₹1,41,840 ₹1,16,080
Ahmedabad ₹1,54,620 ₹1,41,740 ₹1,15,980
Silver prices slip for the second consecutive day after a day of stability
As for silver, its price has dropped for the second consecutive day today following a day of stability. Over these two days, the price of one kilogram of silver has decreased by ₹5,100. Prior to the price remaining steady on September 20—and following a six-day period of stability—the price of one kilogram of silver had surged by ₹10,000 over two consecutive days (September 18 and 19). As for today, the price of silver in Delhi has dropped by ₹100, bringing it to ₹2,49,900 per kilogram. It is trading at the same rate in other major metros like Mumbai and Kolkata. However, in Chennai, the price stands at ₹2,59,900 per kilogram, making it the most expensive among the four major metropolitan cities.
**What do experts say about gold?**
According to Gaurav Garg, Head of Research at the brokerage platform Lemonn, gold and silver are currently facing various pressures. Bond yields and the dollar remain strong due to the hawkish stance of US Federal Reserve officials and concerns regarding inflation. However, ongoing tensions in West Asia are also bolstering demand for precious metals as a safe-haven investment.
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