Good morning, gold enthusiasts and savvy shoppers across India! It's July 4th, 2025, and we're back with your daily update on gold prices across the nation's major cities. Just like the diverse tapestry of India itself, gold rates continue to show slight variations from one city to another, reflecting a fascinating interplay of global market dynamics and local economic factors.
Today, we're seeing some upward movement in gold prices in most major cities. This could be influenced by a range of factors, from international economic indicators and the strength of the US dollar to domestic demand and the ongoing geopolitical landscape. Remember, gold often acts as a safe haven during times of uncertainty, so global events always play a role in its valuation.
Let's dive into the approximate 24K and 22K gold rates per 10 grams for today, July 4th, 2025. Keep in mind that these are indicative figures, and the final price at your local jeweler will also include making charges, Goods and Services Tax (GST), and other local levies. It's always a good idea to confirm with your trusted local jeweller before making any significant purchase.
Today's Gold Rates (Approximate, per 10 grams) - July 4th, 2025
24 Carat Gold (999 Purity)
New Delhi: ₹99,480
Mumbai: ₹100,411 (as of July 3rd, trending upwards)
Chennai: ₹99,916
Bangalore: ₹99,340
Hyderabad: ₹100,213 (as of July 3rd, trending upwards)
Kolkata: ₹99,718 (as of July 3rd, trending upwards)
Ahmedabad: ₹99,323 (as of July 3rd, trending upwards)
Pune: ₹99,916 (as of July 3rd, trending upwards)
Jaipur: ₹96,690 (as of July 3rd, trending upwards)
Lucknow: ₹99,093 (as of July 3rd, trending upwards)
Chandigarh: ₹96,650
22 Carat Gold (916 Purity)
New Delhi: ₹91,200
Mumbai: ₹91,976 (as of July 3rd, trending upwards)
Chennai: ₹91,523
Bangalore: ₹91,060
Hyderabad: ₹91,795 (as of July 3rd, trending upwards)
Kolkata: ₹91,342 (as of July 3rd, trending upwards)
Ahmedabad: ₹90,980 (as of July 3rd, trending upwards)
Pune: ₹91,523 (as of July 3rd, trending upwards)
Jaipur: ₹92,090 (as of July 3rd, trending upwards)
Lucknow: ₹90,853 (as of July 3rd, trending upwards)
Chandigarh: ₹92,050
(Please note: Data reflects the latest available information, primarily from July 3rd, 2025, with Delhi and Bangalore having updated July 4th figures. Gold prices are subject to real-time fluctuations.)
Why Do Prices Vary Between Cities?
It's a common question: why isn't gold the same price everywhere in India? Here's the gist:
Logistics and Transportation: Gold is often imported into India and then transported to various cities. These transportation costs, along with insurance and security, contribute to slight price differences.
Local Demand and Supply: Regional demand, particularly during peak wedding seasons or local festivals, can influence prices. Areas with higher demand might see slightly elevated rates.
Local Taxes and Octroi: While GST has brought some uniformity, local municipal taxes or other levies can still cause minor discrepancies.
Jewellery Association Rates: Different city or state-level jewellery associations can have slightly varying benchmark rates.
Retailer Margins: Individual jewelers also have their own operating costs and profit margins, which can affect the final selling price.
Tips for Gold Buyers:
Stay Updated: Check daily gold rates from reliable sources before making a purchase.
Hallmark for Purity: Always insist on BIS hallmarked gold to guarantee its purity and weight.
Understand the Breakup: Ask your jeweler for a clear breakdown of the price, including the gold rate, making charges, and GST.
Shop Around: For significant purchases, it pays to compare prices from a few trusted jewelers in your area.
Gold remains a cornerstone of Indian culture and a significant investment. Keeping an eye on these city-wise fluctuations empowers you to make informed decisions for your financial well-being and special occasions. Happy gold buying!