NEW DELHI. The Indian bullion market continues to witness a phase of consistent fluctuations in gold prices. Today, on 21 May 2026, a slight variation in gold rates has been observed across domestic markets. This movement is largely driven by shifting trends in the international market, the position of the Indian Rupee against the US Dollar, and changes in local demand from jewelry manufacturers.
If you are planning to purchase gold today, it is highly recommended to check the latest rates according to purity across major metropolitan cities before making any investment or purchase.
Gold Price Today in Major Cities (Per 10 Grams)
Gold rates vary across different states in India due to local taxes, transportation costs, and varying making charges levied by jewelers. The table below displays the latest price ranges across major cities:
| City | 24 Karat (₹) | 22 Karat (₹) | 18 Karat (₹) |
| Delhi | 1,58,500 – 1,59,800 | 1,44,800 – 1,46,000 | 1,18,500 – 1,20,000 |
| Mumbai | 1,58,300 – 1,59,900 | 1,44,700 – 1,46,100 | 1,18,400 – 1,19,900 |
| Chennai | 1,59,500 – 1,61,200 | 1,45,800 – 1,47,600 | 1,19,500 – 1,20,900 |
| Kolkata | 1,58,200 – 1,61,000 | 1,44,700 – 1,47,500 | 1,18,400 – 1,20,800 |
| Bengaluru | 1,58,300 – 1,59,800 | 1,44,700 – 1,46,300 | 1,18,400 – 1,19,800 |
| Hyderabad | 1,58,300 – 1,59,900 | 1,44,700 – 1,46,300 | 1,18,400 – 1,19,900 |
(Note: The rates mentioned above are based on recent market closing trends. Prices are subject to change once the Multi Commodity Exchange (MCX) and local bullion markets open on 21 May. To calculate the price per 1 gram, simply divide the 10-gram price by 10.)
Key Factors Influencing Gold Prices
The retail price of gold in India is dynamically determined by a combination of global and domestic macroeconomic factors:
- International Cues: Spot gold prices on global exchanges like COMEX and the London Bullion Market Association (LBMA), alongside policy decisions by the US Federal Reserve.
- Currency Fluctuations: The USD/INR exchange rate significantly impacts import costs, as India imports the bulk of its gold.
- Festive and Wedding Season: Local demand peaks during major Indian festivals and the wedding season, supporting retail prices.
- Government Policies: Alterations in import duty, GST structures, and regulatory announcements by the Reserve Bank of India (RBI).
Expert Advice for Buyers and Investors
Market analysts suggest that gold remains a time-tested safe-haven asset for long-term wealth preservation. Given the current market volatility, accumulating gold through staggered purchases (like a Systematic Investment Plan or SIP approach) might be a wiser strategy than lump-sum buying. If you are purchasing physical gold (jewelry or coins), always ensure it carries the BIS Hallmark (Bureau of Indian Standards) to guarantee its purity, preferring 22K or 24K variants for investment purposes.
Disclaimer: The information provided in this article is strictly for educational and general informational purposes. Gold prices are highly volatile and change in real-time. This content does not constitute financial, investment, or trading advice. Please consult a certified financial advisor or verify rates with your local trusted jeweler or banking institution before executing any financial transaction.
हिंदी में इस लेख को पढ़ने के लिए, कृपया missionkiawaaz.in पर जाएं।
