Gold buyers can compare city-wise prices and explore factors to consider before choosing coins, bars or gold Exchange-Traded Funds (ETFs)
Gold prices in India edged down marginally on October 17, falling by ₹1 per gram across 24-carat, 22-carat and 18-carat gold compared with the previous day. The 24-carat gold rate was down from ₹14,744 to ₹14,743 per gram, while 22-carat gold fell from ₹13,515 to ₹13,514 and 18-carat gold declined from ₹11,058 to ₹11,057 per gram.
| Purity | Price (Per Gram) |
| 24K Gold (99.9% purity) | ₹14,743 |
| 22K Gold (91.6% purity) | ₹13,514 |
| 18K Gold (75% purity) | ₹11,057 |
City-wise gold rate (1 gram)
| Cities | 24 Carat | 22 Carat | 18 Carat |
|---|---|---|---|
| Chennai | ₹14,743 | ₹13,514 | ₹11,114 |
| Mumbai | ₹14,743 | ₹13,514 | ₹11,057 |
| Delhi | ₹14,758 | ₹13,529 | ₹11,072 |
| Kolkata | ₹14,743 | ₹13,514 | ₹11,057 |
| Bangalore | ₹14,743 | ₹13,514 | ₹11,057 |
| Hyderabad | ₹14,743 | ₹13,514 | ₹11,057 |
| Thiruvananthapuram | ₹14,743 | ₹13,514 | ₹11,057 |
City-wise silver rate
| City | (10 grams) | (100 grams) | (1 kg) |
| Chennai | ₹2,399 | ₹23,990 | ₹2,39,900 |
| Mumbai | ₹2,299 | ₹22,990 | ₹2,29,900 |
| Delhi | ₹2,299 | ₹22,990 | ₹2,29,900 |
| Kolkata | ₹2,299 | ₹22,990 | ₹2,29,900 |
| Bangalore | ₹2,299 | ₹22,990 | ₹2,29,900 |
| Hyderabad | ₹2,399 | ₹22,990 | ₹2,39,900 |
| Kerala | ₹2,399 | ₹23,990 | ₹2,39,900 |
How to buy gold coins in India
Gold coins are available in various weights in India, including 1 gram, 2 grams, 4 grams and 10 grams. Buyers can choose from plain gold coins and those featuring designs of Hindu deities. Before making a purchase, it is important to check the purity of the gold and compare prices across sellers.
Gold coins can be purchased from reputed jewellers and banks that sell them. Some banks offer gold coins in tamper-proof packaging, although buyers should check the purity certification, applicable charges and resale terms before purchasing. Always ask for a bill or receipt, as it serves as proof of purchase and may be required when selling the gold later.
Buyers should also check the final price, including GST and any applicable making or other charges. If paying by credit card, check whether the seller levies an additional transaction fee. Gold bars are another option, while gold ETFs offer an alternative for those seeking exposure to gold without physically holding the metal. Sovereign Gold Bonds may also be considered when available for purchase through authorised channels.
The choice between gold coins, bars and financial gold products depends on the buyer's budget, purpose and investment horizon. Those buying physical gold should prioritise purity, proper documentation and the terms governing resale.
Published: 17 Oct 2026, 09:38 am IST
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