Today, Saturday, September 13, 2025, gold prices in India saw a slight decline after a six-day rally. The price of 22 carat gold is trading above Rs 1,01,900 per 10 grams, while 24 carat gold is priced above Rs 1,11,000 per 10 grams. This downward adjustment marks a Rs 200 decrease in gold rates compared to the previous day.
Current Gold Rates in Major Indian Cities
Gold prices vary slightly across Indian metro cities due to local demand and supply, taxes, and transport costs. For September 13, 2025, the reported prices are:
| City | 24 Carat Gold Price (per gram) | 22 Carat Gold Price (per gram) |
|---|---|---|
| Chennai | Rs 11,171 | Rs 10,220 |
| Delhi | Rs 11,130 | Rs 10,205 |
| Mumbai | Rs 11,117 | Rs 10,190 |
| Bengaluru | Rs 11,117 | Rs 10,190 |
| Hyderabad | Rs 11,117 | Rs 10,190 |
| Kerala | Rs 11,117 | Rs 10,190 |
Chennai recorded the highest gold rates among the metros, with 24 carat gold at Rs 11,171 per gram and 22 carat at Rs 10,220 per gram.
Price Trends and Recent Movement
Gold prices have shown some volatility in September 2025:
- Between September 1 and September 12, gold prices increased significantly by Rs 4,120 per sovereign and Rs 515 per gram in Chennai.
- Despite this rally, on September 13, gold prices dipped by around Rs 160 in Chennai and different metro cities.
Silver prices have also fluctuated, with Rs 1,32,900 per kilogram reported and small increases in some cities by a few rupees per gram.
Factors Affecting Gold Prices Today
Several elements influence gold prices in India on a daily basis:
- International Gold Prices: The global market rates greatly impact domestic prices. When international prices fall, Indian prices typically follow.
- Currency Exchange Rates: Since gold is traded in US dollars globally, the Indian Rupee to Dollar exchange rate affects local prices. A stronger rupee can make gold cheaper and vice versa.
- Import Duty and Taxes: India levies import duties and taxes on gold. Any changes in government policy can cause fluctuations.
- Demand in Indian Market: Demand peaks during festivals, weddings, and other social functions. This demand spikes prices in some regions.
- MCX Trading: The Multi Commodity Exchange (MCX) trading also impacts gold pricing directly. However, the MCX was closed on September 13, 2025, which can reduce price volatility on that day.
Different Gold Purities and Their Prices
Gold is sold in different purities in India:
- 24 Carat Gold (99.99% pure): This has the highest purity and is often used for investment.
- 22 Carat Gold (91.67% pure): More common for jewelry due to its hardness and durability.
- 18 Carat Gold: Less pure but sometimes used for specific types of jewelry.
Prices vary with purity. For example, in Mumbai on September 13, 24 carat gold was Rs 1,11,170 per 10 grams, while 22 carat was Rs 1,01,900 per 10 grams.
How to Check Gold Prices in India
Gold buyers and investors usually check real-time rates via:
- Financial news websites.
- Commodity exchanges such as MCX.
- Local jewelers who provide city-specific pricing.
- Investment platforms offering gold ETFs and digital gold.
Due to varying factors, prices differ slightly by city and can fluctuate intra-day.
Importance of Gold in India
Gold holds a special place in Indian culture:
- It acts as a store of value and an investment hedge.
- Jewelers see maximum demand during weddings and festivals.
- Many Indians consider gold a secure form of savings.
- It also has sentimental value and is often gifted symbolically.
Investment Options Beyond Physical Gold
Besides buying physical gold, Indians can invest through:
- Gold ETFs: Exchange-Traded Funds that track gold prices.
- Gold Mutual Funds: Invest in gold-related securities.
- Digital Gold: Platforms offering gold purchase online with storage.
- Gold Sovereigns and Coins: Popular for gifts and investment.
These options offer convenience and safety compared to physical gold storage.
Summary: On September 13, 2025, gold prices in India slipped slightly after a recent rise. 22 carat gold trades above Rs 1,01,900 and 24 carat above Rs 1,11,000 per 10 grams, varying by city, with Chennai leading in price. Factors such as global rates, rupee strength, and import duties shape these prices. For investors and consumers, monitoring daily gold rates is critical for making informed purchase decisions.
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