City-Wise Sparkle: Gold Prices in Delhi, Mumbai and More – Oct 12

On October 12, 2025, gold prices in India showed steady movement amid global economic factors and local demand. The 24-carat gold rate hovered around ₹12,149 per gram, with 22-carat and 18-carat variants at approximately ₹11,137 and ₹9,319 respectively in major cities like Chennai, Mumbai, Delhi, and Kolkata.

Gold prices in India on October 12, 2025, reveal a steady trend with minor fluctuations influenced by global market dynamics, currency exchange rates, and continued festival-season demand. Investors and buyers across Chennai, Mumbai, Delhi, Kolkata, and other metros are closely watching the rates to time their purchases and investments optimally.

Key Highlights of Today's Gold Market

24-Carat Gold Rates:

The purest form of gold, 24-carat, traded near ₹12,149 per gram in key cities. Prices have seen slight upward movements, reflecting increased buying interest and steady global bullion prices. For example, Kolkata recorded rates near ₹12,426 per gram while Mumbai hovered just below ₹12,000.

22-Carat Gold Trends:

Widely used for jewelry, 22-carat gold saw prices around ₹11,137 per gram. Demand surged moderately, especially due to upcoming festivals and wedding seasons. Chennai and Delhi markets reported consistent prices in this range, supporting strong seller-buyer activity.

18-Carat Gold Positioning:

The 18-carat segment remained comparatively more affordable at approximately ₹9,319 per gram, balancing purity and cost. This variant attracts buyers seeking budget-conscious yet quality options for ornaments.

City-wise Variations:

Regional differences arise due to local taxes, making Kolkata and Pune slightly pricier than Chennai or Hyderabad. Chennai and Mumbai maintain stable rates aligned with national trends.

Market Influences:

Global factors, including fluctuating USD-INR currency rates, geopolitical developments, and international gold demand, continue to impact local pricing. Increased domestic buying during festive occasions also keeps prices buoyant.

For investors and consumers, staying updated with daily price shifts is crucial as gold remains not only a cherished cultural asset but a vital financial hedge.

Sources: GoodReturns, Times of India, GoldPriceIndia, Mathrubhumi, PolicyBazaar

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