On March 20, 2026, gold prices across major Indian metropolitan areas demonstrated slight regional variations for both 24-carat and 22-carat purities. The precious metal continued to be a significant commodity for investors and consumers, with daily fluctuations influenced by global market trends, economic indicators, and local demand. This report details the prevailing rates per 10 grams of gold in key Indian cities as officially announced by bullion associations and local jewellers.

The 24-carat gold, considered the purest form at 99.9% purity, was observed with a benchmark price in Delhi at ₹72,000 per 10 grams. Similarly, 22-carat gold, commonly used for jewellery fabrication due to its durability, was priced at ₹66,000 per 10 grams in the capital. These figures reflect the dynamic nature of the gold market, where international spot prices, currency exchange rates, and central bank policies play a crucial role in daily valuations.

Regional price differences are typically attributed to state-specific taxes, transportation costs, and varying levels of demand. Cities in South India, such as Chennai and Hyderabad, often report slightly higher prices compared to their northern counterparts, a trend consistently observed in the Indian gold market. For instance, Chennai reported 24-carat gold at ₹72,500 per 10 grams, while Hyderabad saw similar rates. Conversely, Mumbai and Kolkata maintained prices closely aligned with Delhi's rates, indicating a relatively uniform pricing structure across the major financial and commercial hubs.

Detailed gold prices per 10 grams across selected Indian cities on March 20, 2026, are as follows:

  • Delhi:
    • 24K Gold: ₹72,000
    • 22K Gold: ₹66,000
  • Mumbai:
    • 24K Gold: ₹71,900
    • 22K Gold: ₹65,900
  • Chennai:
    • 24K Gold: ₹72,500
    • 22K Gold: ₹66,500
  • Hyderabad:
    • 24K Gold: ₹72,500
    • 22K Gold: ₹66,500
  • Kolkata:
    • 24K Gold: ₹71,950
    • 22K Gold: ₹65,950
  • Ahmedabad:
    • 24K Gold: ₹72,100
    • 22K Gold: ₹66,100
  • Bangalore:
    • 24K Gold: ₹72,400
    • 22K Gold: ₹66,400
  • Lucknow:
    • 24K Gold: ₹72,050
    • 22K Gold: ₹66,050
  • Patna:
    • 24K Gold: ₹72,050
    • 22K Gold: ₹66,050
  • Chandigarh:
    • 24K Gold: ₹72,000
    • 22K Gold: ₹66,000

These prices represent the standard rates for the physical metal. Additional charges, such as Goods and Services Tax (GST), making charges for jewellery, and local levies, apply at the point of purchase, which can further impact the final cost for consumers. The gold market remains an essential barometer for economic sentiment, often serving as a safe-haven asset during periods of market uncertainty. Consumers and investors are advised to verify the latest rates with local dealers before making any transactions, as prices can fluctuate multiple times within a single trading day. The market anticipates continued volatility influenced by global economic data releases and geopolitical developments in the coming weeks.