Branch² Intelligence
Gold Rate Today: Check 24K, 22K Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Other Cities On July 14
Key takeaway
Gold prices in Chennai are the highest among major Indian cities, with Hyderabad and Bengaluru close behind.
- Step 1global gold prices remain elevated due to geopolitical tensions and central bank buying, setting a high base for Indian gold prices
- Step 2Indian gold prices track international prices plus import duty and local taxes, with minor city-level variation from state levies and dealer margins
- Step 3Indian jewellery and electronics SMEs face higher input costs, squeezing working capital and margins unless they pass through price increases
Source: IN:NDTV Profit
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