Gold Today Rate, 23 June: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
As of Sunday, 23 June 2025, gold prices across major Indian cities remained largely stable with minor variations, offering a steady outlook for buyers and investors alike. Whether you are planning to invest in gold or looking to buy jewellery, understanding daily price trends helps you make informed decisions. Here’s a detailed look at the 18K, 22K, and 24K gold rates today across India, including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad.
📈 National Overview of Gold Prices
Gold has always been a preferred asset for Indian households and investors due to its reliability as a store of value. On 23 June, 24-carat gold is trading at approximately ₹10,069 to ₹10,092 per gram, while 22-carat gold is priced between ₹9,230 and ₹9,252 per gram. 18-carat gold, commonly used in designer jewellery, is available at around ₹7,552 to ₹7,568 per gram.
These prices reflect the average bullion rates before the addition of making charges, GST, and local premiums that vary from one jeweller to another.
💰 City-wise Gold Rates (Per Gram)
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Delhi | ₹10,084 | ₹9,245 | ₹7,564 |
| Mumbai | ₹10,069 | ₹9,230 | ₹7,552 |
| Chennai | ₹10,069 | ₹9,230 | — |
| Kolkata | ₹10,092 | ₹9,252 | — |
| Bengaluru | ₹10,070 | ₹9,240 | — |
| Hyderabad | ₹10,070 | ₹9,240 | — |
Note: Rates are subject to slight changes during the day based on global cues and local demand.
🔍 Why Do Gold Prices Vary Across Cities?
Gold prices vary from city to city due to factors like:
- Local demand and supply
- Transportation and handling costs
- Taxes levied by local authorities
- Import duty fluctuations
- Jeweller association pricing policies
For instance, Mumbai, being a key import hub, often shows prices slightly lower than inland cities like Delhi or Kolkata.
🌍 Global Trends Influencing Gold Prices
On the global front, gold futures showed slight movement over the weekend. On the MCX (Multi Commodity Exchange), 10 grams of 24K gold hovered around ₹99,175. Although international spot prices have stabilized, they continue to be influenced by:
- Geopolitical tensions
- Fluctuations in the US dollar index
- Central bank interest rate policies
- Oil price volatility
Investors often turn to gold as a safe haven during times of uncertainty, driving up its value when equity markets are volatile.
💡 Investing in Gold: Smart Options
If you’re looking to invest in gold today, here are some options besides traditional jewellery:
- Sovereign Gold Bonds (SGBs) – Backed by the Indian government, these bonds offer interest and are tax-efficient.
- Digital Gold – Platforms like Paytm, PhonePe, and Amazon let you buy gold in fractions with easy liquidity.
- Gold ETFs & Mutual Funds – These allow indirect investment in gold without physical storage concerns.
- Gold Coins & Bars – Ideal for those seeking physical ownership without making charges.
These methods ensure that you avoid wastage and making costs while still leveraging gold’s market value.
📌 Important Tips Before Buying Gold
- Always check purity – 24K is 99.9% pure, 22K is 91.6%, and 18K is 75%.
- Verify hallmark – Buy BIS-certified gold only.
- Compare rates – Prices can vary slightly between retailers. Compare before buying.
- Understand charges – Making charges and GST can significantly affect the final price.
- Keep the invoice – Essential for resale and authenticity.
🧮 Sample Calculation for 10g Gold (Delhi Rate)
Let’s say you’re buying 10g of 22K gold in Delhi:
- Base rate: ₹9,245 × 10 = ₹92,450
- Making charges (10%): ₹9,245
- Subtotal: ₹101,695
- GST (3%): ₹3,050
- Total Payable: ₹104,745
This means the retail price can be 12–14% higher than the base rate due to additional costs.
📊 Should You Buy Gold Today?
With gold prices hovering at moderate levels and global indicators remaining steady, 23 June is a relatively stable day for purchasing gold. Whether for investment, a wedding, or a festive occasion, buying today ensures you aren’t caught off guard by sudden price hikes during the week.
However, if you’re purely investing, consider digital or paper gold options that offer better returns and fewer overheads.
📝 Final Thoughts
Gold remains a timeless asset in Indian culture and finance. As of 23 June 2025, gold rates are stable and offer a good entry point for both buyers and investors. By staying informed about daily rates and comparing across cities, you can make smarter purchasing decisions.
If you’re planning to buy gold soon, consider factors like purity, hallmark, market sentiment, and making charges before finalizing the deal.
