Kolkata Gold Price Today: Rates Remain Steady, Check Here

Gold prices in Kolkata held steady today, with 22-karat gold priced at Rs 9,140 per gram and 24-karat (999 gold) at Rs 9,971 per gram. The pricing reflects the broader national trend, where gold continues to command strong interest amid macroeconomic uncertainties and currency volatility.

India, which ranks just behind China in gold consumption, relies predominantly on imports to meet its domestic demand, with only a small share fulfilled through recycled sources. Since global gold is traded in US dollars, exchange rate fluctuations between the rupee and the dollar play a significant role in determining daily retail rates across cities like Kolkata.

What Affects Gold Prices in India?

Several components beyond global spot prices contribute to the final gold price paid by Indian consumers. Chief among these are import duties, the Goods and Services Tax (GST), and local levies imposed by individual states. These charges are layered over international prices and ultimately passed on to end buyers.

Although gold is widely perceived as a hedge against inflation and a haven during economic turbulence, its pricing is influenced by more than just investor sentiment. Broader economic indicators, including movements in global bond yields and shifting macroeconomic signals, also exert pressure on how gold is valued in the Indian market.

Also Read : Mercedes-Benz India To Hike Prices Again In September Amid Weak Rupee

Current Gold Rates in Major Cities

Here is the latest update on gold prices in 10 key Indian cities:

  • Delhi: Rs 9,155 (22K), Rs 9,986 (24K)

  • Chennai: Rs 9,140 (22K), Rs 9,971 (24K)

  • Bengaluru: Rs 9,140 (22K), Rs 9,971 (24K)

  • Mumbai: Rs 9,140 (22K), Rs 9,971 (24K)

  • Pune: Rs 9,140 (22K), Rs 9,971 (24K)

  • Kolkata: Rs 9,140 (22K), Rs 9,971 (24K)

  • Ahmedabad: Rs 9,145 (22K), Rs 9,976 (24K)

  • Hyderabad: Rs 9,140 (22K), Rs 9,971 (24K)

  • Indore: Rs 9,145 (22K), Rs 9,976 (24K)

  • Lucknow: Rs 9,155 (22K), Rs 9,986 (24K)

Outlook Remains Strong Amid Global Cues

The ongoing rise in gold prices for both 22-karat and 24-karat variants highlights the metal’s enduring status as a secure investment. Despite ongoing economic challenges and financial market swings, gold remains a preferred asset for Indian households and investors seeking long-term financial resilience.

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