Gold prices in India rose sharply on July 3, 2026, with all major cities recording increases in both 22-carat and 24-carat gold rates, according to data compiled from bankbazaar.com and reported by The Hindu BusinessLine. The national reference price for 22-carat gold stood at ₹13,575 per gram (up ₹295) and ₹1,08,600 per 8 grams (up ₹2,360). For 24-carat gold, the all-India price was ₹14,254 per gram (up ₹310) and ₹1,14,032 per 8 grams (up ₹2,480), based on Delhi rates.
City-Wise Gold Rates on July 3, 2026
The table below summarises the prices for 22-carat and 24-carat gold in key cities. All prices are in Indian rupees and reflect the rate for 1 gram and 8 grams, along with the day-on-day change.
| City | Carat | 1g Price (₹) | Change (₹) | 8g Price (₹) | Change (₹) |
|---|---|---|---|---|---|
| Mumbai | 22K | 13,525 | +295 | 1,08,200 | +2,360 |
| Mumbai | 24K | 14,201 | +309 | 1,13,608 | +2,472 |
| Chennai | 22K | 13,700 | +300 | 1,09,600 | +2,400 |
| Chennai | 24K | 14,385 | +315 | 1,15,080 | +2,520 |
| Hyderabad | 22K | 13,700 | +300 | 1,09,600 | +2,400 |
| Hyderabad | 24K | 14,385 | +315 | 1,15,080 | +2,520 |
| Delhi | 22K | 13,575 | +295 | 1,08,600 | +2,360 |
| Delhi | 24K | 14,254 | +310 | 1,14,032 | +2,480 |
| Ahmedabad | 22K | 13,579 | +295 | 1,08,632 | +2,360 |
| Ahmedabad | 24K | 14,258 | +310 | 1,14,064 | +2,480 |
| Bengaluru | 22K | 13,585 | +295 | 1,08,680 | +2,360 |
| Bengaluru | 24K | 14,264 | +309 | 1,14,112 | +2,472 |
| Kolkata | 22K | 13,625 | +295 | 1,09,000 | +2,360 |
| Kolkata | 24K | 14,306 | +309 | 1,14,448 | +2,472 |
Metro Price Comparison
Among the metros, Chennai and Hyderabad recorded the highest prices for both carats, with 22-carat gold at ₹13,700 per gram and 24-carat at ₹14,385 per gram, an increase of ₹300 and ₹315 respectively. Mumbai saw the lowest rates for 22-carat at ₹13,525 per gram, while Kolkata had the lowest 24-carat at ₹14,306 per gram.
22-Carat Gold Highlights
- Highest 1g price: Chennai and Hyderabad at ₹13,700 (+₹300)
- Lowest 1g price: Mumbai at ₹13,525 (+₹295)
- 8g range: ₹1,08,200 (Mumbai) to ₹1,09,600 (Chennai, Hyderabad)
24-Carat Gold Highlights
- Highest 1g price: Chennai and Hyderabad at ₹14,385 (+₹315)
- Lowest 1g price: Mumbai at ₹14,201 (+₹309)
- 8g range: ₹1,13,608 (Mumbai) to ₹1,15,080 (Chennai, Hyderabad)
Data Source and Methodology
The rates are courtesy of bankbazaar.com and published by The Hindu BusinessLine on July 3, 2026. The prices are indicative for the respective cities and may vary by jeweller. The day-on-day change reflects the difference from the previous trading day's closing rate.
For commodity traders and procurement teams tracking Indian gold markets, these city-level granular rates provide a benchmark for spot pricing across key consumption centres. The uniform upward movement across all cities suggests a broad-based price rally, though the source does not specify the underlying global or domestic factors driving the increase.
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