Gold prices decline across multiple cities with 22-carat and 24-carat rates dropping

Gold prices recorded a downward trend across several cities in the country. One gram of 22-carat gold stands at 12,695 rupees after dropping by 43 rupees, while 8 grams of the same purity costs 1,01,560 rupees following a decline of 344 rupees.

City Rates

In Coimbatore, Nagpur, Visakhapatnam, Madurai, and Thrissur, 1 gram of 22-carat gold is priced at 12,615 rupees, while 24-carat gold sells at 13,246 rupees per gram. Surat, Jaipur, Vadodara, and Ludhiana report 22-carat gold at 12,719 rupees per gram and 24-carat gold at 13,355 rupees per gram. Meanwhile, Bhubaneswar and Patna list 22-carat gold at 12,765 rupees per gram and 24-carat gold at 13,403 rupees per gram.

Context

Precious metal rates fluctuate daily based on market conditions, international demand, and currency values. Retail prices in different cities also vary due to local taxes and making charges applied by individual jewelers.