Gold Prices Today in Major Cities – June 22 Rates
You know how it is—every time you walk into a jewelry shop, the first thing you ask is, “Kitna hai aaj?” And the shopkeeper gives you that look like he’s about to drop some bad news. Gold prices, man. They’re like Mumbai weather—unpredictable and always keeping you on your toes. So here’s the lowdown on today’s rates across Chennai, Kolkata, Bengaluru, Hyderabad, Delhi, and Mumbai. Because let’s face it, nobody wants to overpay for that wedding necklace.
Why Gold Prices Are Like a Yo-Yo
It’s not just about shiny metal, okay? Gold’s price changes tell you what’s happening in the world—like a financial mood ring. Here’s why it jumps around:
- Global drama: If America sneezes or China catches a cold, gold prices catch the flu. Geopolitical tension? Prices shoot up faster than Bangalore traffic.
- Dollar vs. Rupee: When our rupee weakens—which happens more often than my New Year’s resolutions—imported gold gets pricier. Simple math, really.
- Wedding season madness: Come Diwali or wedding months, everyone and their aunt wants gold. High demand, higher prices. Economics 101.
- Government’s cut: Don’t even get me started on import duties and GST. They add up like extra toppings on a pizza—you don’t notice till you see the bill.
Bottom line? Your local jeweler’s rates are basically a cocktail of all this chaos.
Today’s Gold Rates (June 22) – City by City
Alright, let’s cut to the chase. Here’s what you’re really here for:
Chennai
- 22K gold: ₹5,450 per gram (Yeah, still pricey)
- 24K gold: ₹5,650 per gram (Purity comes at a cost)
- Silver: ₹78,500 per kg (The poor man’s gold, they say)
Kolkata
- 22K gold: ₹5,420 per gram (Slightly easier on the wallet)
- 24K gold: ₹5,620 per gram (But not by much)
- Silver: ₹78,200 per kg (Always the bridesmaid, never the bride)
Bengaluru
- 22K gold: ₹5,430 per gram (Tech money hasn’t driven prices down, huh?)
- 24K gold: ₹5,630 per gram (Sigh.)
- Silver: ₹78,300 per kg (At least this one’s stable)
Hyderabad
- 22K gold: ₹5,440 per gram (Biryani may be cheap here, but not gold)
- 24K gold: ₹5,640 per gram (Ouch.)
- Silver: ₹78,400 per kg (Meh.)
Delhi
- 22K gold: ₹5,460 per gram (Capital city, capital prices)
- 24K gold: ₹5,660 per gram (Double ouch.)
- Silver: ₹78,600 per kg (At least it’s not petrol prices)
Mumbai
- 22K gold: ₹5,470 per gram (Of course it’s the highest)
- 24K gold: ₹5,670 per gram (Because why not?)
- Silver: ₹78,700 per kg (Even silver’s trying to keep up)
How to Actually Check Real-Time Prices
Don’t trust your neighbor’s cousin’s friend who “knows a guy.” Here’s where to look:
- Bank websites—SBI, HDFC, the usual suspects
- BSE/NSE (if you’re into that stock market life)
- Apps like GoodReturns or MoneyControl (because who calls jewelers anymore?)
Pro tip: Always ask for the breakup—making charges (those sneaky 10-15% fees) and GST (another 3% slap). Otherwise, you’ll get that sinking feeling when you see the final bill.
Buying Gold? Don’t Get Played
- Timing is everything: Prices usually dip around September-October—after monsoons, before weddings. Like a sweet spot for discounts.
- City matters: Mumbai and Delhi? Expensive. Kolkata or Hyderabad? Slightly better. But not by much.
- Hidden charges: Making charges are where they get you. Always ask. Always negotiate.
FAQs (Because Someone Always Asks)
Why different prices in different cities?
Transport, local taxes, and demand—same reason a vada pav costs ₹10 in Mumbai and ₹50 in Delhi airports.
22K or 24K for investment?
24K is pure gold—good for locking away. 22K is what you actually wear because 24K is softer than my willpower during dessert.
How often do rates change?
Twice a day—morning and evening. Like clockwork, but less predictable.
Final Thoughts
Gold’s been valuable since, well, forever. But these days? It’s like trying to catch a running train. Whether you’re investing or buying for your sister’s wedding, knowing today’s rates (looking at you, Mumbai’s ₹5,670 for 24K) gives you some bargaining power. Or at least prepares you for the shock. Drop a comment with your city’s rates—let’s see who’s getting the best deal. And hey, check back tomorrow. Because let’s be real, prices aren’t getting lower anytime soon.
Source: Livemint – Markets