Amid ongoing volatility in global and domestic bullion markets, gold buyers, wedding shoppers, and retail investors across India are closely tracking precious metal rates this weekend. Because today is Saturday, November 14, 2026, commodity trading on the Multi Commodity Exchange (MCX) remains closed for the weekly break, and the India Bullion and Jewellers Association (IBJA) does not publish fresh benchmark rates on Saturdays and Sundays. Consequently, Friday’s closing bullion benchmarks serve as the reference rates for weekend transactions across retail jewellery showrooms nationwide. In the national capital’s physical bullion market, 24-carat gold is trading around ₹1,40,900 per 10 grams (inclusive of all applicable taxes), while indicative retail rates across major metros—including Delhi, Lucknow, Noida, Gurugram, Chandigarh, Jaipur, Mumbai, Kolkata, Chennai, Patna, Bhopal, Ahmedabad, Pune, Bengaluru, and Hyderabad—hover near ₹1,38,490 to ₹1,38,640 per 10 grams for 24-carat gold and ₹1,26,950 to ₹1,27,100 per 10 grams for 22-carat jewellery gold (excluding GST and making charges).

Latest Gold Rates on MCX Futures and IBJA Bullion Benchmarks

Before heading to local jewellery stores, checking institutional benchmarks on the MCX and IBJA provides clear insight into underlying price momentum. At the close of Friday’s session on the Multi Commodity Exchange, gold futures for the December 4, 2026 contract gained ₹525 to settle at ₹1,36,750 per 10 grams, while the January 5, 2027 futures contract rose by ₹70 to close at ₹1,38,353 per 10 grams, reflecting sustained safe-haven demand ahead of the domestic wedding season.

Meanwhile, official closing rates published by the India Bullion and Jewellers Association (IBJA) stand at ₹1,35,809 per 10 grams for 24-carat (999 purity) gold, ₹1,24,401 per 10 grams for 22-carat (916 purity) gold, and ₹1,01,857 per 10 grams for 18-carat gold. Because IBJA rates represent wholesale bullion benchmarks prior to state taxes, local transportation costs, and jeweller margins, retail prices in individual cities typically trade slightly higher.

City-Wise Gold Price Today in 20 Major Indian Cities (24K & 22K)

Retail gold prices vary modestly from state to state depending on local bullion association levies, logistics, and regional demand. Across North Indian hubs such as Delhi, Lucknow, Noida, Gurugram, Agra, Chandigarh, and Jaipur, 24-carat gold stands at ₹1,38,640 per 10 grams and 22-carat gold at ₹1,27,100 per 10 grams. In central and western centers including Patna, Bhopal, Indore, Surat, and Ahmedabad, 24-carat gold is priced at ₹1,38,540 per 10 grams and 22-carat gold at ₹1,27,000 per 10 grams, while Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Nagpur, and Guwahati are quoting ₹1,38,490 per 10 grams for 24-carat and ₹1,26,950 per 10 grams for 22-carat gold.

Important Buyer Checklist Before Purchasing Gold Jewellery

When purchasing gold ornaments or coins this weekend, consumers should remember that the city-wise prices listed above are indicative base rates and do not include the mandatory 3 percent Goods and Services Tax (GST) or jeweller making charges, which typically range from 6 percent to 18 percent depending on craftsmanship. Always verify the BIS Hallmark alongside the six-digit alphanumeric Hallmark Unique Identification (HUID) number etched on every piece of 22-carat or 18-carat jewellery, and request an itemized invoice separating gold weight, purity, making charges, and GST so you get full transparency on your investment.