Latest gold and silver prices in India: Where is it cheapest, and where is it most expensive?

Gold and silver prices vary across India. While southern cities see higher rates, many northern and western cities offer lower prices. Check today’s rates to make informed purchasing decisions.

New Delhi: Gold and silver prices fluctuate daily across the country. According to the gold and silver prices recorded today, September 19th, these metals are quite expensive in some cities, while their prices are relatively low in others. Let's find out the price of gold and silver in each city.

Current Gold Prices in India

Currently, 24-carat gold is available nationwide at an average rate of ₹11,116 per 10 grams. Also:

22-carat gold price: ₹10,189 per 10 grams

18-carat gold price: ₹8,337 per 10 grams

Carat refers to the purity of gold. 24-carat is considered the purest, while 22- and 18-carat are slightly mixed and are mostly used in jewelry making.

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Where is the most expensive gold available?

Currently, gold is most expensive in Chennai, Coimbatore, and Madurai. Here:

24-carat gold: ₹11,148 per 10 grams

22-carat gold: ₹10,219 per 10 grams

18-carat gold: ₹8,469 per 10 grams

Prices here are slightly higher than in other cities, usually depending on local taxes, demand, and supply.

Where is the cheapest gold available?

Gold is relatively cheaper in cities like Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, Pune, Vijayawada, Nagpur, and Bhubaneswar. In these cities:

24-carat gold: ₹11,116 per 10 grams

22-carat gold: ₹10,189 per 10 grams

18-carat gold: ₹8,337 per 10 grams

Rates here are comparable to the national average and are considered the lowest.

Current Silver Prices in India

The price of silver is recorded at ₹130.90 per gram, or ₹130,900 per kilogram. However, prices vary from city to city.

Where is the cheapest silver available?

Silver is cheapest in cities like Mumbai, Delhi, Kolkata, Pune, Vadodara, Ahmedabad, Jaipur, Lucknow, Patna, Nagpur, Chandigarh, and Surat:

₹1,309 per 10 grams

₹13,090 per 100 grams

₹130,900 per kilogram

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Where is silver selling the most?

Silver is most expensive in cities like Chennai, Hyderabad, Kerala, Coimbatore, Madurai, Vijayawada, and Bhubaneswar: ₹1,409 per 10 grams

Silver rates here are approximately ₹100 per 10 grams higher than the average.

Variations in gold and silver prices are observed across the country. These metals are expensive in some cities in South India, while prices are relatively lower in many cities in West and North India. Before buying gold and silver, be sure to check the latest rates in your city to ensure you make the right purchase.