Indian Gold Prices Hold Steady at ₹13,675-₹14,967 per Gram

Gold prices in India remained steady on October 4, despite fluctuations in international spot bullion trends. The rates quoted by major jewellers, including Joyalukkas and Malabar Gold & Diamonds, ranged from ₹13,675 to ₹14,967 per gram for 22K and 24K gold respectively. These prices are based on the base bullion prices and do not include additional costs such as GST, import duties, and local transport surcharges.

The prices of gold in different cities across India were also consistent, with Delhi and Mumbai reporting ₹1,50,030 and ₹1,50,290 per 10 grams for 24K gold. Similarly, the rates for 22K gold remained at ₹13,675 per gram across various states.

According to industry experts, the prices of gold in India are influenced by international trends, currency dynamics, and anticipatory retail demand ahead of peak festival shopping periods.