Rising oil prices and inflation worries have a lot to do with the recent weakness in gold prices. Geopolitical stress pushed crude oil higher, and investors are worried that the US Federal Reserve might hold interest rates steady for longer. That usually works against gold since it doesn’t pay you anything to hold it.
Meanwhile, data from Goodreturns shows 24-carat gold priced at Rs 1,48,080 per 10 grams.
Gold Prices Across Major Cities
Chennai – 24K: Rs 14,837 | 22K: Rs 13,600 | 18K: Rs 11,345
Mumbai – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Delhi – 24K: Rs 14,743 | 22K: Rs 13,515 | 18K: Rs 11,061
Kolkata – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Bangalore – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Hyderabad – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Kerala – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Pune – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Vadodara – 24K: Rs 14,733 | 22K: Rs 13,505 | 18K: Rs 11,051
Ahmedabad – 24K: Rs 14,733 | 22K: Rs 13,505 | 18K: Rs 11,051
Jaipur – 24K: Rs 14,743 | 22K: Rs 13,515 | 18K: Rs 11,061
Lucknow – 24K: Rs 14,743 | 22K: Rs 13,515 | 18K: Rs 11,061
Coimbatore – 24K: Rs 14,837 | 22K: Rs 13,600 | 18K: Rs 11,345
Madurai – 24K: Rs 14,837 | 22K: Rs 13,600 | 18K: Rs 11,345
Vijayawada – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Patna – 24K: Rs 14,733 | 22K: Rs 13,505 | 18K: Rs 11,051
Nagpur – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
Chandigarh – 24K: Rs 14,743 | 22K: Rs 13,515 | 18K: Rs 11,061
Surat – 24K: Rs 14,733 | 22K: Rs 13,505 | 18K: Rs 11,051
Bhubaneswar – 24K: Rs 14,728 | 22K: Rs 13,500 | 18K: Rs 11,046
