India gold quoted at Rs 1,48,860 per 10g on Sept. 30
NDTV Profit reports 22K gold at Rs 1,36,445 per 10g. Across six tracked cities, 24K quotes range from Rs 1,48,340 in Delhi to Rs 1,49,030 in Chennai. The update offers a jewellery-pricing snapshot but provides no prior-period comparison to establish a price movement.
The development
Gold prices in India stood at Rs 1,48,860 per 10 gm on Sept. 30, while 22K gold stood at Rs 1,36,445 per 10 gm. Silver 999 fine stood at Rs 2,25,300 per kg.
The numbers
- India gold: Rs 1,48,860 per 10 gm
- India 22K gold: Rs 1,36,445 per 10 gm
- Silver 999 fine: Rs 2,25,300 per kg
- Delhi 24K gold: Rs 1,48,340 per 10gm
- Chennai 24K gold: Rs 1,49,030 per 10gm
Why it matters to operators and investors
Benchmark jewellery price lists against local gold quotes, given the Rs 690 per 10g spread across six cities, without treating this snapshot as evidence of a price move.
What to watch next
- Prior-day and prior-week comparable quotes establishing an actual price direction.
- Whether city quotes use matching timestamps, purity and tax conventions.
- Making-charge discounts and old-gold exchange incentives.
- Store conversion, average grams per transaction and exchange share.
- Heavy-design inventory ageing and working-capital requirements.