Image Source : The Economic Times
If you’ve been thinking about buying gold or are just curious where prices stand today, here’s a close look at how rates are moving in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, and Kolkata. Indian gold prices are holding steady, with small fluctuations depending on the city and the demand in each market.
City-by-City Price Snapshot
Let’s start with what you’ll pay per 10 grams as of August 5, 2025:
Mumbai:
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24-carat gold: Rs 1,01,100
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22-carat gold: Rs 92,590
Bengaluru:
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24-carat: Rs 1,01,120
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22-carat: Rs 92,693
Chennai:
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24-carat: Rs 1,01,300
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22-carat: Rs 92,858
Hyderabad:
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24-carat: Rs 93,664
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22-carat: Rs 89,204
New Delhi:
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24-carat: Rs 1,00,830
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22-carat: Rs 92,428
Kolkata:
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24-carat: Rs 1,00,910
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22-carat: Rs 92,501
What’s Driving These Prices Right Now?
A few different factors are shaping what you see in stores today. For starters, international gold prices are nudging upward, but not by much—global rates have reached about $3,372 per ounce this morning. Locally, gold saw a slight dip from yesterday, with prices down about 0.14 percent in early trade.
The gap between international prices and what you pay here is mostly because of currency swings and import duties. Certain cities, like Chennai and Mumbai, sometimes have a small extra charge—called a premium—because of higher jewelry demand, especially now with festivals on the horizon. Hyderabad, meanwhile, usually comes in a bit lower because of local market patterns.
How Today’s Prices Affect Buyers
If you’re in the market to buy gold, this calm, steady period can actually work in your favor. Keep an eye on prices if you’re planning a big purchase, since rates can shift slightly during the day. It’s also smart to check a few shops before you buy, as some local dealers may offer a small discount or charge a little extra depending on location and timing.
The festive and wedding seasons are coming up, so some uptick in demand—and prices—could show up soon. If you’re hoping for the very lowest rate, watch the price over the next few days and compare city to city.
A Quick Recap
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Gold prices in India’s biggest cities are fairly aligned, but local supply and demand do play a role.
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Mumbai and Chennai are on the higher side today, while Hyderabad is a bit more affordable.
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Global markets remain steady; local rates reflect both international moves and local needs.
That’s where gold prices stand on August 5, 2025. If you’re a buyer, stay alert to upcoming price shifts during the busy festival season.
Source: Angel One, GoldPriceIndia.com, Goodreturns, Forbes Advisor India
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