Indian Jewellers Maintain Stable Gold Prices Amid Bullion Trend
Gold and silver prices in India remained largely stable on September 4, Janmashtami. According to Business Today, gold rates at leading jewellery retailers such as Joyalukkas and Malabar Gold & Diamonds were quoted at ₹14,240 per gm (24K) across major Indian states. Tanishq's 22K gold rate stood at ₹14,285 per gram.
The prices of 24-karat and 22-karat gold have been influenced by brand-specific pricing policies, procurement costs, and regional market conditions. While overall bullion trends continue to guide gold prices, the retail market has seen a preference for 22-karat gold due to its greater strength and durability.
The latest rates for gold in major cities are as follows: Delhi ₹1,55,510 (24K), ₹1,42,560 (22K); Mumbai ₹1,55,360 (24K), ₹1,42,410 (22K); Bengaluru ₹1,55,360 (24K), ₹1,42,410 (22K); Kolkata ₹1,55,360 (24K), ₹1,42,410 (22K); Hyderabad ₹1,55,360 (24K), ₹1,42,410 (22K); and Chennai ₹1,55,360 (24K), ₹1,42,410 (22K).