Gold rates in India are currently nearing their record high levels that was recorded before Diwali festival. With market factoring 25 basis points rate cut from US Federal Reserve next week, precious metals are expected to be cautiously positive. That being said, among major cities in India, gold is expensive in Chennai and at new record high compared to gold prices in cities like Bengaluru and Hyderabad. The demand for gold is huge in southern market for India.
Gold Rates In Chennai:

10 grams gold rate is at Rs 1,31,350 in 24 carat, at Rs 1,20,400 in 22 carat and at Rs 1,00,400 in 18 carat. Gold is above Rs 1 lakh mark in 18 carat only in Chennai city compared to Mumbai, Kolkata, Bengaluru, Kerala, Hyderabad, Delhi, Ahmedabad and Pune among others. The 24 carat gold in 10 grams touched its all-time high of Rs 1,33,090 on October 17.
The cheapest gold in Chennai is priced at Rs 13,135 per gram for 24 karat gold, at Rs 12,040 per gram for 22 karat gold and at Rs 10,040 per gram for 18 karat gold (also called 999 gold).
Gold Rates In Hyderabad:
In Hyderabad, the price of 10 grams gold stood at Rs 1,30,150 in 24 carat, at Rs 1,19,300 in 22 carat, and at Rs 97,610 in 18 carat. These prices are near their record highs. The last time gold rates hit all-time high was on October 17, where 10 grams of 24 carat was at Rs 1,32,770
The price of gold in Hyderabad is currently at Rs 13,015 per gram for 24 karat gold, at Rs 11,930 per gram for 22 karat gold and at Rs 9,761 per gram for 18 karat gold (also called 999 gold).
Gold Rates In Bengaluru:
Gold prices are same in Bengaluru as Hyderabad. Hence, 10 grams gold price in Bengaluru is at Rs 1,30,150 in 24 carat, at Rs 1,19,300 in 22 carat, and at Rs 97,610 in 18 carat.
The price of gold in Bengaluru is currently at Rs 13,015 per gram for 24 karat gold, at Rs 11,930 per gram for 22 karat gold and at Rs 9,761 per gram for 18 karat gold (also called 999 gold).
Silver Rates In Chennai vs Silver Rates In Hyderabad vs Silver Rates In Bengaluru
Just like gold, silver is more expensive in Chennai as well, with 1Kg silver priced at Rs 1,99,000. On the other hand, 1Kg silver rate stood at Rs 1,90,000 each in Bengaluru and Hyderabad.
Gold Prices Outlook For 2026:
According to World Gold Council, the outlook is shaped by ongoing geoeconomic uncertainty. Gold may remain rangebound if current conditions persist. However, 2026 will likely continue to surprise. If economic growth slows and interest rates fall further, gold could see moderate gains. In a more severe downturn marked by rising global risks, gold could perform strongly. Conversely, a successful outcome from policies set by the Trump administration would accelerate economic growth and reduce geopolitical risk, leading to higher rates and a stronger US dollar, pushing gold lower.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
More From GoodReturns

Jump of Over Rs 41,000/24K in Gold Rate in India Over Four Sessions; Will Gold Price Today Hit Rs 1.50 Lakh?

Gold Price In India Rally Post Rs 1.1 Lakh/100 Gm Crash In Week, Silver Stable; 24K, 22K, 18K Rate On March 26

Delhi Gold Rate Today Nears Rs 1.50 Lakh; Silver Prices Rally: Latest 22K, 24K, 18K Rates on Mahavir Jayanti

Jump in Gold Rate in India of Around Rs 40,000/24K; Will Gold Price Today Surge Over Rs 1.50 Lakh on 27 March?

No April Fool! Gold Rates In India Starts Month With A Bang, Rises By Rs 20,000 Today, Silver Rates Jump Too

Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Falls By 1% As Spot Gold Price Hits Below $4,500

Jump in Gold Rate For Second Day, Silver Rate Stable; Latest 22K, 24K & 18K Prices In Delhi on Ram Navami

Rupee Crash Alert: INR Breaches 95/USD; What It Means For Gold Rate in India? Explained

Bangalore Gold Rates Continue Rally On April 1st By Surging Rs.63,500/100g in 5 Sessions; Silver Spikes Too

Gold Price in India Remains Above Rs 1.48 Lakh Mark, Silver Rate Today Nears Rs 2.5 Lakh | March 29 Rates

Gold Prices Today: Bangalore, Chennai, Hyderabad See Fresh Moves in 24K, 22K, 18K Rates & Silver on March 31



Click it and Unblock the Notifications