Gold and Silver Price recovered across major Indian state capitals and bullion markets today. Stronger retail buying, steady international trends, and short-covering on the Multi Commodity Exchange (MCX) helped pull prices up from their previous lows.
For retail shoppers planning jewelry purchases or investors tracking their portfolios, these sharp price changes show how fast the bullion market shifts. With rates bouncing back, keeping track of daily spot prices helps buyers time their purchases better.
State-Wise Consolidated Gold and Silver Price Today Matrix
Here is the exact price list per gram for gold and per kilogram for industrial silver across India’s top trading cities today:
| State / Capital City Hub | 24K Pure Gold (per g) | 22K Standard Gold (per g) | 18K Modern Gold (per g) | 1 kg Industrial Silver |
| West Bengal (Kolkata) | ₹14,329 | ₹13,135 | ₹10,747 | ₹2,30,000 |
| Maharashtra (Mumbai) | ₹14,329 | ₹13,135 | ₹10,747 | ₹2,30,000 |
| New Delhi (NCR Region) | ₹14,344 | ₹13,150 | ₹10,762 | ₹2,30,100 |
| Tamil Nadu (Chennai) | ₹14,399 | ₹13,200 | ₹10,837 | ₹2,35,000 |
| Karnataka (Bengaluru) | ₹14,329 | ₹13,135 | ₹10,747 | ₹2,29,950 |
| Telangana (Hyderabad) | ₹14,329 | ₹13,135 | ₹10,747 | ₹2,35,000 |
| Gujarat (Ahmedabad) | ₹14,334 | ₹13,140 | ₹10,752 | ₹2,30,000 |
| Rajasthan (Jaipur) | ₹14,344 | ₹13,150 | ₹10,762 | ₹2,30,100 |
| Bihar (Patna) | ₹14,349 | ₹13,155 | ₹10,767 | ₹2,30,200 |
| Uttar Pradesh (Lucknow) | ₹14,344 | ₹13,150 | ₹10,762 | ₹2,30,100 |
| Madhya Pradesh (Indore) | ₹14,334 | ₹13,140 | ₹10,752 | ₹2,30,000 |
| Punjab (Chandigarh) | ₹14,344 | ₹13,150 | ₹10,762 | ₹2,30,100 |
Regional Market Updates
West Bengal: Kolkata Bullion Market
Kolkata remains the key pricing hub for eastern India. Spot rates here directly dictate final prices in major jewelry retail hubs like Bowbazar. The city saw solid gains across all three purity levels today:
24 Karat Gold (99.9% Purity): Gained ₹76 per gram, reaching ₹14,329. A 10-gram 24K gold bar now costs ₹1,43,290, while a wholesale 100-gram bar trades at ₹14,32,900.
22 Karat Gold (91.6% Purity): The main option for traditional bridal jewelry climbed by ₹70 per gram, settling at ₹13,135 per gram (₹1,31,350 per 10 grams).
18 Karat Gold (75.0% Purity): Mostly used for diamond ornaments, this tier rose by ₹57 per gram to trade at ₹10,747 per gram.
Silver Rates: Industrial silver did not join gold’s upward move, staying completely flat at ₹230 per gram. Bulk bars held steady at ₹2,30,000 per kilogram.
Maharashtra: Mumbai Financial Hub
As the primary commercial hub for physical bullion imports, Mumbai sets the baseline rates for western India. Pure 24K investment gold matched Kolkata’s rate at ₹14,329 per gram. Standard 22K ornamental gold stands at ₹13,135 per gram, while 18K lightweight jewelry alloys trade at ₹10,747 per gram. High-volume trade corridors kept wholesale silver bars flat at ₹2,30,000 per kilogram.
Delhi & NCR Region
The national capital region handles large retail volumes. Local transport costs and handling margins introduce a slight premium here. Pure 24K gold sells for ₹14,344 per gram (₹1,43,440 per 10 grams). Heavy 22K wedding jewelry gold sits at ₹13,150 per gram, while silver bars sell for ₹2,30,100 per kilogram.
Southern Markets: Chennai, Bengaluru, & Hyderabad
Chennai: Strong bridal buying habits consistently keep rates higher in Tamil Nadu. Chennai leads the metro pricing list today with 24K gold at ₹14,399 per gram and 22K gold at ₹13,200 per gram. Silver also commands a premium here at ₹2,35,000 per kilogram.
Bengaluru: Moving in line with Mumbai’s import pricing, 24K gold trades at ₹14,329 per gram, while wholesale silver lines settle at ₹2,29,950 per kilogram.
Hyderabad: Backed by steady consumer demand across the Telugu states, 24K gold is retailing at ₹14,329 per gram. Local silver tracks Chennai’s premium at ₹2,35,000 per kilogram due to shared southern logistics.
Kerala: High-Volume Retail Hub
Efficient shipping routes keep Kerala’s baseline costs anchored to the main market rate of ₹14,329 per gram for 24K gold. Traditional heavy 22K wedding ornaments retail at ₹13,135 per gram, while retail silver tracks the southern pipeline at ₹2,35,000 per kilogram.
Gujarat: Ahmedabad & Surat
With its vast distribution infrastructure, Gujarat keeps regional markups low. Pure 24K gold trades at ₹14,334 per gram, while 22K gold sits at ₹13,140 per gram. Retail silver remains flat at ₹2,30,000 per kilogram.
Other Major Centers: Patna, Lucknow, Indore, & Chandigarh
Patna (Bihar): Inbound freight charges put 24K investment gold at ₹14,349 per gram, while retail silver sits at ₹2,30,200 per kilogram.
Lucknow & Kanpur (UP): Wholesale pipelines put pure 24K gold at ₹14,344 per gram and industrial silver at ₹2,30,100 per kilogram.
Indore (MP): Serving as the central link between northern and western trade lines, Indore quotes 24K gold at ₹14,334 per gram and silver at ₹2,30,000 per kilogram.
Chandigarh (Punjab & Haryana): High consumer purchasing power keeps 24K gold at a slight local premium of ₹14,344 per gram, with silver matching at ₹2,30,100 per kilogram.
Why are Precious Metals Bouncing Back?
Global Safety Buying: Changes in central bank reserve strategies and shifting expectations around international interest rates have driven investors back to physical gold, sparking today’s domestic recovery.
Gold and Silver Dynamic: Silver prices generally track gold over the long term. Since the start of the year, silver rates in Kolkata have gained about 5 to 7 percent following international gains. However, while gold surged by ₹76 per gram today, silver took a brief breather, holding flat at ₹2,30,000 per kilogram to absorb those recent gains.
Exchange Short-Covering: Derivative traders on the MCX quickly covered their short positions today. This accelerated the domestic price recovery, forcing quick updates across physical jewelry store rate boards.
Steady Consumer Inflows: Retail buyers who waited out the recent record highs stepped back into the market during the lower price drops, building a steady floor for today’s jump.
Smart Shopper Guide: Checking Your Store Bill
With 24K gold holding at ₹14,329 per gram, even small errors on a jewelry store invoice can noticeably inflate your final bill. Always verify the standard billing breakdown before paying.
The Final Invoice Formula:
Key Safety Rules for Consumers:
Check the 6-Digit HUID Code: Never buy gold jewelry without verifying its laser-stamped Hallmark Unique Identification (HUID) code. Use the government’s official BIS Care App to verify this number. It tells you the exact purity, certified weight, and the original manufacturer.
Verify the Base Purity Rate: Make sure the store calculates the making charges using the specific karat tier of the jewelry you are buying, not the costlier 24K rate. For example, a 22K chain must be billed against today’s 22K benchmark of ₹13,135 per gram.
Use a Gold Rate Calculator: Run the day’s official market numbers through an independent online tool before handing over your card to avoid unverified showroom markups.
Market Outlook and Key Trading Zones
Commodity trading desks point to clear technical boundaries following today’s trading volumes:
Gold Range: The gold price in Kolkata has formed a reliable short-term support floor around ₹14,250 per gram. With retail buyers showing active interest, analysts expect gold to hold this ground before attempting to test its next major resistance level near ₹14,400.
Silver Range: Silver’s flat performance at ₹2,30,000 per kilogram shows that short-term selling pressure is balancing out. Backed by solid 5 to 7 percent year-to-date gains and rising industrial use, the white metal is well-positioned to maintain this floor before trying to clear its next hurdle at ₹2,33,500.
Disclaimer: We collect these market rates from different news channels and local trade updates just to share information. Please do not take this as financial or investment advice. Gold and silver prices change fast every day because of market shifts and local tax rules. We strictly recommend checking the live current rates in your city and talking to a financial expert before buying anything.