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Today’s Gold Rate in India – Complete 2025 Guide
Live Updates: Chennai, Bangalore, Ahmedabad, Hyderabad | 22 Carat Prices | MCX Trends
December 31, 2025 | CMAKnowledge.in – Trusted by 50K+ CMA Students & Finance Professionals
Current Gold Rates Across Major Indian Cities
Gold prices in India change daily based on global market trends, local demand patterns, and currency fluctuations. As of December 31, 2025, here’s your complete city-wise breakdown with both 24K and 22K rates for jewelry buyers and investors.
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | Daily Change | 22K Per Gram | Making Charges |
|---|---|---|---|---|---|
| Chennai | ₹72,550 | ₹66,500 | ↓ ₹110 | ₹6,650 | 6-8% |
| Bangalore | ₹1,39,250 | ₹1,27,650 | ↓ ₹1,224 | ₹12,765 | 8-12% |
| Ahmedabad | ₹1,36,300 | ₹1,24,851 | ↓ ₹3,060 | ₹12,485 | 5-7% |
| Hyderabad | ₹1,36,200 | ₹1,24,850 | ↓ ₹3,050 | ₹12,485 | 7-10% |
| Mumbai (India Avg) | ₹1,37,960 | ₹1,25,418 | ↑ ₹8,260 YTD | ₹12,541 | 6-10% |
Important Notes: Prices exclude making charges (typically ₹500-1,500 per 10g) + 3% GST. Always verify with local jewelers before purchase. Hallmark certification mandatory for resale value.
Today Gold Rate: 22 Carat Gold Special Analysis
22-carat gold remains the undisputed king of Indian jewelry market with 91.6% purity – perfect balance between durability for daily wear and high investment value. Here’s city-wise breakdown for today:
- Chennai (T. Nagar Benchmark): ₹66,500/10g (₹6,650/gram). Stable rates ideal for wedding season purchases. Popular for temple gold and antique designs.
- Bangalore (MG Road Premium): ₹1,27,650/10g (₹12,765/gram). Tech professionals drive 2-3% premium. Excellent for modern minimalist designs.
- Hyderabad (Laad Bazaar): ₹1,24,850/10g (₹12,485/gram). Festive season discounts expected. Famous for heavy wedding sets.
- Ahmedabad (Zaveri Bazaar): ₹1,24,851/10g (₹12,485/gram). Most stable pricing nationwide. Best for bulk investment purchases.
- Pan-India Average: ₹1,25,418/10g. Making charges range 5-12% depending on design complexity.
Pro Buying Tip: Always demand BIS Hallmark (916 for 22K) certification. Avoid antique markup above 15% of gold value.
MCX Gold Live Trading: Technical Analysis
MCX Gold currently trades at ₹1,39,808 for 10 grams contract. Key technical levels for intraday traders and CMA SFM students:
🔴 Resistance R1: ₹1,42,111 | Pivot: ₹1,39,808 | Support S1: ₹1,35,967
📈 2025 YTD: +18.86% | Volume: 21,702 lots | Open Interest: Rising
Key Trading Levels & Signals
| Level | Price (₹/10g) | Signal | Timeframe |
|---|---|---|---|
| R1 (Resistance) | ₹1,42,111 | SELL | 5-min candle |
| Pivot Point | ₹1,39,808 | Current | – |
| S1 (Support) | ₹1,35,967 | BUY | 1-hour candle |
| R2 | ₹1,44,255 | Strong SELL | Daily |
5 Key Factors Driving Gold Prices in India (2025)
Understanding gold price determinants is crucial for CMA students preparing for Strategic Financial Management (SFM) paper. Here’s the complete breakdown:
- Global Factors (60% weightage): US Federal Reserve interest rates, geopolitical tensions (Middle East, Ukraine), Dollar Index movements. Current bullish pressure from expected Fed rate cuts.
- Rupee Depreciation (20%): Weak INR vs USD adds ₹800-1,200 premium per 10g since India imports 90% of gold requirements.
- Domestic Demand (15%): Wedding season (Nov-Feb), Dhanteras purchases, RBI gold reserves (India holds 800+ tonnes – 6th largest globally).
- Import Duties & Taxes (5%): 12.5% customs duty + 3% GST on making charges. Total tax impact: 15-18% of final price.
- Supply Chain: Local jeweler premiums, making charges variation (3-15%), recycling rates during price peaks.
2025 Gold Price Prediction: ₹1,45,000-1,50,000 per 10g by March 2026 if Fed continues rate cuts and geopolitical tensions persist.
Gold Price History: Last 10 Days Trend Analysis
Gold peaked mid-December at ₹1,42,500 before profit booking. Here’s the complete 10-day movement:
| Date | 24K (₹/10g) | 22K (₹/10g) | Daily Change | Volume |
|---|---|---|---|---|
| Dec 31 | ₹1,37,960 | ₹1,25,418 | ↓ 0.5% | High |
| Dec 30 | ₹1,39,250 | ₹1,27,650 | ↓ 2.6% | Medium |
| Dec 29 | ₹1,36,820 | ₹1,25,418 | ↑ 8.0% | High |
| Dec 27 | ₹1,40,120 | ₹1,28,450 | ↑ 1.2% | Medium |
| Dec 25 (Peak) | ₹1,42,500 | ₹1,30,200 | ↑ 3.5% | Very High |
Gold vs Other Investments: CMA Student Portfolio Guide
For CMA Intermediate/Final students, gold allocation of 5-12% provides optimal diversification. Here’s 2025 YTD performance comparison:
| Asset Class | 2025 YTD Return | Risk Level | Liquidity | Tax Treatment | Best For |
|---|---|---|---|---|---|
| Gold (Physical) | +18.86% | Medium | High | 20% LTCG (>3yr) | Wedding + Investment |
| Nifty 50 (Equity) | +12.4% | High | High | 12.5% LTCG | Growth |
| Sovereign Gold Bonds | +14% (+2.5% interest) | Low | Medium | Tax Free | Best Choice |
| Bank FD | 6.5-7.5% | Low | High | TDS Applicable | Safety |
| Gold ETF | +17.2% | Medium | High | Equity Taxation | Trading |
CMA Portfolio Strategy: 10% gold + 50% equity + 20% debt + 20% cash reduces portfolio volatility by 18%.
5 Smartest Ways to Buy Gold in 2025
- Physical Gold (Jewelry/Coins): Buy hallmarked 22K from reputed jewelers. Negotiate making charges below 8%. Best for wedding + investment combo.
- Digital Gold (Apps): Paytm, Groww, PhonePe – Start from just ₹1. 24K purity, instant buy/sell, no making charges.
- Sovereign Gold Bonds (SGB): RBI issues – 2.5% annual interest + capital appreciation. Completely tax-free on maturity (8 years). BEST OPTION for long-term.
- Gold ETFs: Nippon India Gold ETF via Zerodha/Groww. Pure gold price exposure, 0.5% expense ratio, high liquidity.
- MCX Gold Futures: Advanced traders only. 100g lot size, 5-7% margin. High leverage but requires technical analysis skills.
Golden Rule: Buy on dips below ₹1,35,000/10g. Sell on rallies above ₹1,42,000/10g.
City-Wise Complete Buying Guide
Chennai – Gold Rate Today
Current 22K: ₹1,26,500/10g
T. Nagar & Sowcarpet dominate. Bargain making charges to 5-7%. Temple gold specialist.
Bangalore – Today Gold Rate
Current 22K: ₹1,27,650/10g
MG Road premium pricing. Tech salaries drive demand. Check online jewelers first.
Ahmedabad – Gold Rate Today
Current 22K: ₹1,24,851/10g
Zaveri Bazaar most stable. Excellent for investment-grade purchases.
Hyderabad – Today Gold Rate
Current 22K: ₹1,24,850/10g
Laad Bazaar festive discounts. Heavy wedding sets specialist.
Complete Tax Guide for Gold Investments
| Investment Type | Holding Period | Tax Rate | Special Benefits |
|---|---|---|---|
| Physical Gold | < 3 years | Income Tax Slab | – |
| Physical Gold | > 3 years | 20% + Indexation | Inflation adjusted |
| Sovereign Gold Bonds | 8 years | TAX FREE | +2.5% annual interest |
| Gold ETFs | > 1 year | 12.5% LTCG | Equity taxation benefits |
| MCX Futures | < 1 year | Business Income | Loss set-off allowed |
CMA Advisory: Recommend SGBs for HNI clients. Physical gold only for wedding + investment needs.
Gold in CMA Syllabus: Practical Exam Applications
Paper 17 (Strategic Financial Management) dedicates 20 marks to derivatives & commodities. Practice these gold-based questions:
- Portfolio Management: 8-12% gold allocation reduces portfolio volatility by 15-20%. Calculate optimal weights using Sharpe ratio.
- Derivatives Pricing: Gold futures margin calculation (5-7%), basis risk analysis, hedging strategies for importers.
- Forex Exposure: Gold as perfect USD hedge when INR depreciates 5%+ quarterly.
- Excel Mastery: Build gold portfolio tracker with XIRR, beta calculations, Monte Carlo simulations.
- Technical Analysis: Support/resistance, RSI, moving averages application on MCX gold charts.
Free Download: CMA Gold Portfolio Excel Calculator from cmaknowledge.in/tools
2026 Gold Outlook: Bullish Targets & Risks
- Bullish Catalysts: Fed rate cuts (3 expected), Middle East tensions, INR @ ₹86/$, inflation hedge demand.
- Price Targets: ₹1,45,000 (Q1), ₹1,50,000 (Q4 2026). All-time high breakout likely.
- Bearish Risks: Strong USD rally, equity bull market diversion, China economic recovery reducing demand.
- Trading Strategy: Buy dips < ₹1,35,000. Trail stops at 2% profit. Max position 10% portfolio.
“In uncertain times, gold shines brightest. Allocate 8-12% for optimal risk-adjusted returns.”
