On 10 December 2025, the price of 24K gold in India was ₹129,920 per 10 grams, down ₹150 from the previous day.
Meanwhile, 22K gold is priced at ₹119,093 per 10 grams.
Gold prices in India are influenced by international gold rates, US dollar fluctuations, import duties, and domestic demand, especially during festivals and wedding season.
Why Gold Prices Fell Today
Gold prices dipped slightly as the market awaits a potential rate cut by the US Federal Reserve.
Some recent US economic data has been in line with expectations, but Fed Chair Jerome Powell is expected to maintain a cautious approach.
Gold generally benefits from lower interest rates, which increase its demand.
A soft US dollar can make gold cheaper for buyers in other currencies, boosting purchases.
Central banks continue to actively buy gold, supporting prices.
Gold Prices in India vs Dubai
Gold in India remains more expensive than in Dubai.
24K gold: ₹129,920 in India vs ₹112,816 in Dubai
Price difference: ₹17,104 (15.16%)
Similarly, 22K and 18K gold are about 15% costlier in India than Dubai, even before adding local duties and taxes.
Gold Prices in Major Cities (per 10 grams)
| City | 24K (₹) | 22K (₹) | 18K (₹) |
|---|---|---|---|
| Ahmedabad | 130,090 | 119,249 | 97,568 |
| Bangalore | 130,020 | 119,185 | 97,515 |
| Chennai | 130,300 | 119,442 | 97,725 |
| Delhi | 129,690 | 118,883 | 97,268 |
| Hyderabad | 130,120 | 119,277 | 97,590 |
| Kolkata | 129,750 | 118,938 | 97,313 |
| Mumbai | 129,920 | 119,093 | 97,440 |
| Pune | 129,920 | 119,093 | 97,440 |
| Surat | 130,090 | 119,249 | 97,568 |
Rates may vary across jewellers and states depending on local taxes, making charges, and logistics.
Outlook for Gold Investors
Analysts expect gold prices to remain range-bound as markets watch the Fed’s next move.
A rate cut could push gold prices higher, while tighter policy might limit gains.
Strong global demand, persistent ETF inflows, and domestic purchases during festive seasons continue to support gold’s bullish trend.
Investors should monitor both domestic and international trends before making buying decisions.
