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Akshaya Tritiya, a day synonymous with prosperity and gold buying, has dawned with a twist. While millions of Indians are lining up at jewellery stores to mark this sacred occasion, gold prices have actually slipped a little. A rare sight on a day that usually sees a surge.
Let's look at what gold is costing across major Indian cities today.
| City | 22K gold (₹/10g) | 24K gold (₹/10g) |
|---|---|---|
| Delhi | ₹89,900 | ₹98,040 |
| Mumbai | ₹89,750 | ₹97,910 |
| Chennai | ₹89,750 | ₹97,910 |
| Kolkata | ₹89,750 | ₹97,910 |
| Hyderabad | ₹89,750 | ₹97,910 |
| Bangalore | ₹89,750 | ₹97,910 |
| Note: Prices may vary slightly depending on the jeweller and time of day. | ||
Why prices dipped today
Despite the typically bullish Akshaya Tritiya mood, gold prices have cooled due to:
- Stronger US dollar : A firmer dollar weakens gold's appeal globally.
- Profit booking : Investors are locking in recent gains after gold's recent rally.
- Ample supply : Jewellers stocked up in advance, reducing the chance of a price spike.
22K vs 24K gold: Know what you're buying
- 22K gold (91.6 per cent purity) is mixed with alloys for durability and is typically used in jewelry.
- 24K gold (99.9 per cent purity) is pure and more suited for investment (coins, bars), but it's softer and not ideal for daily wear.
Explore these gold ETFs in 2025
Investing in gold ETFs is an effective way to gain exposure to gold price movements without the need to purchase physical gold. Here's a list of top-performing gold ETFs based on our data:
| Funds | 3Y SIP return (per cent) | 5Y SIP return (per cent) | 10Y SIP return (per cent) |
|---|---|---|---|
| LIC MF Gold ETF | 29.02 | 20.80 | 16.04 |
| UTI Gold ETF | 29.20 | 20.65 | 15.78 |
| Axis Gold ETF | 28.55 | 20.39 | 15.64 |
To learn more about gold ETFs, check out our list of gold ETFs .
Also read: Your guide to buying gold this Akshaya Tritiya.
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