Hello readers, on June 06, 2026, the Indian bullion market is witnessing slight fluctuations with an overall tone of stability. Globally, the strength of the US dollar and the impact of recent economic data are keeping gold prices within a tight range.
In India, gold prices depend heavily on international market trends, the Rupee-Dollar exchange rate, import duties, and local demand-supply dynamics. Today, the average price of 24-carat (999 purity) gold is hovering between ₹1,51,500 and ₹1,53,000 per 10 grams, while 22-carat gold, which is the most popular choice for jewelry, is trading around ₹1,38,800 to ₹1,41,000 per 10 grams.
Today’s Gold Rates in Major Indian Cities (Per 10 Grams)
24 Carat Gold (999 Purity):
- Chennai: ₹1,52,941 (Highest)
- Kolkata: ₹1,52,790
- Mumbai: ₹1,51,729
- Delhi: ₹1,51,577
- Bengaluru: ₹1,51,577
- Hyderabad: ₹1,55,720 (Average)
22 Carat Gold (Ideal for Jewelry):
- Chennai: ₹1,40,094
- Kolkata: ₹1,39,955
- Mumbai: ₹1,38,983
- Delhi / Bengaluru: ₹1,38,845
18 Carat Gold:
- The national average is trending between ₹1,13,000 to ₹1,14,700 per 10 grams.
Important Note: The prices mentioned above are indicative. When purchasing jewelry, local jewelers will add Making Charges and a 3% GST to these base rates. As a result, you might see a slight variation of ₹50 to ₹200 or more in your final bill depending on your city.
Key Factors Driving the Market Change (Market Analysis)
- Global Factors: In the international market, gold is currently under pressure due to the recently released US Job Data and a stronger dollar, leading to sluggishness or slight dips in prices.
- Domestic Demand: With the wedding season coming to an end in India, the physical demand for gold in the spot market has softened. Investors are also adopting a cautious approach right now.
- Currency Exchange Rates: The performance of the Indian Rupee against the US Dollar directly impacts the landed cost of imported gold, influencing domestic retail prices.
Expert Advice for Buyers and Sellers
- For Buyers: If you are planning to buy gold for jewelry or as an investment, waiting for a further dip might be a smart move. Buying on declines often yields better future returns.
- For Sellers: The current price levels are highly favorable for booking profits. However, long-term investors should keep a close watch on upcoming global trends before making major moves.
- Safety Standards: To protect yourself from fraud, always insist on buying BIS Hallmarked gold and deal only with trusted, certified jewelers.
Disclaimer: This article is prepared for informational purposes only, based on general market trends and publicly available online sources (such as Livemint, Goodreturns, etc.). It should not be construed as financial or investment advice. Gold prices fluctuate continuously throughout the day. Before making any investment decisions or purchasing jewelry, please verify the live rates with your financial advisor or your local bullion market association (IBJA).
