According to a July 31, 2026 report by R Dinakaran in The Hindu Business Line, gold prices in India rose across all major cities. The 22-carat gold rate for 1 gram advanced by ₹25 to ₹13,305, while 8 grams of 22-carat gold rose by ₹200 to ₹1,06,440. The 24-carat rate for 1 gram climbed ₹26 to ₹13,970 and 8 grams of 24-carat gold added ₹208 to touch ₹1,11,760, the report said. The rates are courtesy bankbazaar.com.
City-wise Gold Rates on July 31, 2026
According to the report, the day-over-day increase was uniform across all seven cities covered: Mumbai, Delhi, Chennai, Hyderabad, Bengaluru, Ahmedabad and Kolkata. Every city logged a ₹25 rise for 1 gram of 22-carat gold, a ₹26 rise for 1 gram of 24-carat gold, a ₹200 rise for 8 grams of 22-carat gold, and a ₹208 rise for 8 grams of 24-carat gold.
| City | 22K 1g (₹) | 22K 8g (₹) | 24K 1g (₹) | 24K 8g (₹) |
|---|---|---|---|---|
| Mumbai | 13,305 | 1,06,440 | 13,970 | 1,11,760 |
| Chennai | 13,255 | 1,06,040 | 13,918 | 1,11,344 |
| Hyderabad | 13,255 | 1,06,040 | 13,918 | 1,11,344 |
| Delhi | 13,355 | 1,06,840 | 14,023 | 1,12,184 |
| Ahmedabad | 13,359 | 1,06,872 | 14,027 | 1,12,216 |
| Bengaluru | 13,365 | 1,06,920 | 14,033 | 1,12,264 |
| Kolkata | 13,405 | 1,07,240 | 14,075 | 1,12,600 |
All seven cities reported identical day-over-day increases: ₹25 per gram for 22-carat gold and ₹26 per gram for 24-carat gold, according to The Hindu Business Line.
Daily Price Movements
The report listed the following uniform changes across all cities:
- 22-carat gold, 1 gram: up ₹25
- 22-carat gold, 8 grams: up ₹200
- 24-carat gold, 1 gram: up ₹26
- 24-carat gold, 8 grams: up ₹208
Highest and Lowest City Rates
Within the seven-city list, Kolkata recorded the highest prices, with 22-carat gold at ₹13,405 per gram and 24-carat gold at ₹14,075 per gram, as per the report. Chennai and Hyderabad shared the lowest 22-carat rate at ₹13,255 per gram and the lowest 24-carat rate at ₹13,918 per gram. Mumbai's 22-carat rate was ₹13,305 and its 24-carat rate ₹13,970. Delhi quoted ₹13,355 for 22-carat and ₹14,023 for 24-carat, while Ahmedabad reported ₹13,359 and ₹14,027, and Bengaluru reported ₹13,365 and ₹14,033.
8-Gram Gold Rates
For 8 grams of 22-carat gold, the report placed the range at ₹1,06,040 in Chennai and Hyderabad to ₹1,07,240 in Kolkata. Mumbai quoted ₹1,06,440, Delhi ₹1,06,840, Ahmedabad ₹1,06,872 and Bengaluru ₹1,06,920. On the 24-carat side, 8 grams ranged from ₹1,11,344 in Chennai and Hyderabad to ₹1,12,600 in Kolkata. Mumbai's 8-gram 24-carat rate was ₹1,11,760, Delhi's ₹1,12,184, Ahmedabad's ₹1,12,216 and Bengaluru's ₹1,12,264.
Market Observations
The report, published on July 31, 2026, focuses exclusively on domestic city-level gold prices for India and provides no commentary on global benchmarks, exchange-traded contracts, inventories or supply-demand fundamentals. For commodity traders, procurement teams and jewellery supply-chain analysts tracking Indian bullion, the data indicates a uniform absolute move across all major centres, which may aid in reconciling city-level purchase costs against a common base rate as compiled by bankbazaar.com.
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