Gold price today was generally stable across the Indian retail market on September 27. The benchmark gold rate stood at ₹1,51,460 per 10 grams, while silver was quoted at around ₹2,35,050 per kg. Retail rates showed minor differences across cities.
On the Multi Commodity Exchange (MCX), gold futures were down 0.12% at ₹1,50,700 per 10 grams at the time of reporting. Silver futures were up 0.65% at around ₹2,35,000 per kg.
Gold Price Today in Delhi, Mumbai and Other Cities
The retail gold rate today varied slightly across different cities. Chennai recorded the highest 24K gold rate among the cities listed, while Delhi had the lowest 24K rate.
| City | 24K Gold | 22K Gold |
|---|---|---|
| Delhi | ₹1,50,920 | ₹1,38,343 |
| Mumbai | ₹1,51,180 | ₹1,38,582 |
| Bengaluru | ₹1,51,300 | ₹1,38,692 |
| Kolkata | ₹1,50,980 | ₹1,38,398 |
| Hyderabad | ₹1,51,420 | ₹1,38,802 |
| Chennai | ₹1,51,620 | ₹1,38,985 |
The benchmark gold rate and city-wise retail rates are different measures and should not be considered equal. Retail prices can vary depending on local market conditions and pricing practices.
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Silver Price Today in Major Indian Cities
Silver was quoted at ₹2,34,220 per kg in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai. The corresponding rate for 100 grams was ₹23,422 across the cities listed.
| City | Silver per 100 Grams | Silver per Kg |
|---|---|---|
| Delhi | ₹23,422 | ₹2,34,220 |
| Mumbai | ₹23,422 | ₹2,34,220 |
| Bengaluru | ₹23,422 | ₹2,34,220 |
| Kolkata | ₹23,422 | ₹2,34,220 |
| Hyderabad | ₹23,422 | ₹2,34,220 |
| Chennai | ₹23,422 | ₹2,34,220 |
Silver futures on MCX were trading around ₹2,35,000 per kg and were up 0.65% at the time of reporting.
Gold Rates at Major Jewellers
Major jewellery chains also quoted their gold prices on September 27. Joyalukkas and Malabar Gold & Diamonds listed 22K gold at ₹13,995 per gram in most states. Tanishq quoted 22K gold at ₹14,040 per gram.
| Jeweller | Purity | Rate per Gram |
|---|---|---|
| Joyalukkas | 22K | ₹13,995 |
| Malabar Gold & Diamonds | 22K | ₹13,995 |
| Malabar Gold & Diamonds | 24K | ₹15,267 |
| Tanishq | 22K | ₹14,040 |
| Tanishq | 24K | ₹15,316 |
The final jewellery price can differ from the quoted gold rate because of making charges, taxes, local pricing and other applicable costs.
What Is Driving Gold and Silver Rates?
Indian precious metal prices are influenced by international bullion prices and movements in the US dollar against the Indian rupee. Domestic demand can also affect retail prices to some extent.
For jewellery purchases, the bullion rate is not necessarily the same as the final price paid by a customer. GST, making charges and other applicable costs can increase the final billing amount.
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Buyers should check the purity, gold rate, making charges, applicable taxes and final billing amount before purchasing jewellery. City-wise rates are guideline prices, while the actual price can vary between jewellers.
Gold and Silver Price Today: Key Takeaways
The benchmark gold rate was ₹1,51,460 per 10 grams on September 27, while silver was quoted at around ₹2,35,050 per kg. Retail gold rates varied across major cities, with Chennai recording the highest 24K rate among the cities listed. Silver was quoted at ₹2,34,220 per kg across the listed cities.
FAQ:
| Question | Answer |
|---|---|
| What is the gold price today? | The benchmark gold rate was ₹1,51,460 per 10 grams on September 27. |
| What is the 24K gold price in Delhi today? | 24K gold was quoted at ₹1,50,920 per 10 grams in Delhi. |
| What is the silver price today? | Silver was quoted at ₹2,34,220 per kg across the listed major cities. |
| What is the 22K gold price in Mumbai? | 22K gold was quoted at ₹1,38,582 per 10 grams in Mumbai. |
| Why can the final jewellery price be different? | The final jewellery price can vary because of GST, making charges, local pricing and other applicable costs. |
