Steady Gold Prices Ahead of Festive Season as Demand Picks Up
India's gold market has witnessed stability in prices across major cities, according to recent data. The retail market continues to be influenced by international gold prices, exchange rates, and domestic jewellery demand. Ahead of the festive season, consumers are likely to drive up demand for gold.
The latest gold prices in India are as follows: Delhi (24K - ₹1,52,700, 22K - ₹1,39,975), Mumbai (24K - ₹1,52,960, 22K - ₹1,40,213), Bengaluru (24K - ₹1,52,960, 22K - ₹1,40,213), Kolkata (24K - ₹1,52,960, 22K - ₹1,40,213), Hyderabad (24K - ₹1,52,960, 22K - ₹1,40,213), and Chennai (24K - ₹1,52,960, 22K - ₹1,40,213).
Jewellers such as Joyalukkas, Malabar Gold & Diamonds, and Tanishq have maintained relatively stable prices across major cities. However, there are marginal differences in retail prices influenced by brand-specific pricing policies, procurement costs, and regional market conditions.