Gold Price Today: Republic Day brought welcome relief for gold buyers across India as prices slipped sharply, creating a favorable window for fresh purchases.
Gold buyers across India woke up to cheerful news this Republic Day as bullion prices recorded a noticeable dip in several major cities. Moreover, the sudden correction in rates eased buying pressure, especially for wedding-season shoppers and long-term investors. In New Delhi alone, 22-karat gold became cheaper by ₹13,600, while 24-karat gold dropped by ₹14,280 per 10 grams, offering significant savings.
Meanwhile, similar price movements appeared in Mumbai, Bengaluru, Lucknow, and other cities. However, not every market followed the same trend, as Chennai witnessed a mild increase. Therefore, checking city-wise prices before purchasing has become even more important.
Gold Price Today in India: Republic Day Relief for Buyers
The Indian bullion market saw a broad correction in gold prices, largely driven by global cues and profit booking. Additionally, easing demand pressure helped prices cool down after recent highs. As a result, consumers planning immediate purchases can now take advantage of comparatively lower rates.
On the other hand, market experts continue to advise caution. While prices have softened, gold remains a long-term hedge against inflation. Consequently, buyers should balance short-term gains with long-term investment goals.
Delhi Gold Rates Fall Sharply After Price Correction
In the national capital, gold prices witnessed one of the steepest declines. The price of 22-karat gold settled at ₹132,800 per 10 grams after falling by ₹13,600. Similarly, 24-karat gold dropped by ₹14,280 to trade at ₹139,440 per 10 grams.
Just a day earlier, 22-karat gold in Delhi was priced at ₹146,400, while 24-karat gold stood at ₹153,720. Therefore, buyers now enjoy a rare opportunity to purchase gold at significantly reduced rates.
Mumbai and Bengaluru See Matching Declines in Gold Prices
Mumbai followed Delhi’s trend closely. The price of 22-karat gold declined by ₹13,600 to ₹132,300 per 10 grams. Meanwhile, 24-karat gold slipped by ₹14,280 and settled at ₹138,920 per 10 grams.
Similarly, Bengaluru recorded a notable drop. Additionally, 22-karat gold fell to ₹132,900 per 10 grams, while 24-karat gold dropped to ₹139,550. Consequently, southern buyers, except those in Chennai, also benefited from the correction.
Kolkata, Lucknow, and Bhopal Witness Softer Gold Rates
Kolkata saw slightly lower declines compared to other metros. However, the relief was still substantial. The price of 22-karat gold fell by ₹13,100 to ₹133,800 per 10 grams. Meanwhile, 24-karat gold dropped by ₹13,760 to ₹140,490.
In Lucknow, rates mirrored Delhi’s pattern. Additionally, 22-karat gold traded at ₹132,800 per 10 grams after a ₹13,600 decline, while 24-karat gold slipped to ₹139,440.
Bhopal also experienced similar corrections. Consequently, 22-karat gold fell to ₹132,300, and 24-karat gold declined to ₹138,920 per 10 grams. A day earlier, prices stood much higher at ₹145,900 and ₹153,200 respectively.
Chennai Stands Apart as Gold Prices Rise Slightly
Unlike most cities, Chennai reported an increase in gold prices. Meanwhile, 22-karat gold became costlier by ₹1,300, reaching ₹147,500 per 10 grams. In addition, 24-karat gold rose by ₹1,370 and traded at ₹154,880.
This regional variation highlights how local demand and supply dynamics can influence bullion prices differently across markets.
City-wise Gold Prices Today (Per 10 Grams)
| City | 22-Karat Gold | 24-Karat Gold |
|---|---|---|
| Delhi | ₹132,800 | ₹139,440 |
| Mumbai | ₹132,300 | ₹138,920 |
| Kolkata | ₹133,800 | ₹140,490 |
| Chennai | ₹147,500 | ₹154,880 |
| Bengaluru | ₹132,900 | ₹139,550 |
| Lucknow | ₹132,800 | ₹139,440 |
| Bhopal | ₹132,300 | ₹138,920 |
| Ahmedabad | ₹132,840 | ₹139,480 |
Overall, the Republic Day price dip has opened a favorable buying window for gold enthusiasts. However, keeping track of daily price movements remains essential, as bullion rates continue to react to global trends and domestic demand.