Gold prices in India today, December 17, continue to reflect global market movements, currency trends, and domestic demand ahead of the wedding and festive season. Buyers closely track daily rates for 18K, 22K, and 24K gold, as even small changes can significantly affect jewellery purchases and investment decisions across major cities.
What’s Driving Gold Prices Today
Gold prices on December 17 are influenced by international spot gold movements, fluctuations in the US dollar, and global economic uncertainty. Domestic factors such as import duties, GST, and local demand also play a major role in determining city-wise prices, leading to slight variations across India.
18K, 22K, and 24K Gold Explained
18K gold contains a lower percentage of pure gold and is commonly used for durable jewellery designs. 22K gold remains the most popular choice for traditional Indian jewellery due to its balance of purity and strength. 24K gold is the purest form and is mainly preferred for investment purposes such as coins and bars rather than ornaments.
| Gold Rates Today (Indicative) | 18K Gold (₹/10g) | 22K Gold (₹/10g) | 24K Gold (₹/10g) |
|---|---|---|---|
| Delhi | ₹5,350 | ₹6,550 | ₹7,145 |
| Mumbai | ₹5,335 | ₹6,535 | ₹7,130 |
| Chennai | ₹5,380 | ₹6,580 | ₹7,180 |
| Kolkata | ₹5,350 | ₹6,550 | ₹7,145 |
| Bengaluru | ₹5,335 | ₹6,535 | ₹7,130 |
City-Wise Price Differences
Gold rates vary slightly from city to city due to differences in local taxes, transportation costs, and jeweller margins. Metro cities with high demand often show marginally higher prices, while regional markets may offer minor price advantages depending on supply conditions.
Is It a Good Time to Buy Gold
For buyers planning jewellery purchases, tracking short-term price movements can help in timing decisions. Long-term investors often view price dips as buying opportunities, especially during periods of global uncertainty when gold traditionally acts as a safe-haven asset.
Conclusion: Gold prices today, December 17, show steady trends across major Indian cities, with minor regional variations. Whether for jewellery or investment, understanding daily rates for 18K, 22K, and 24K gold helps buyers make informed decisions.
Disclaimer: Gold rates mentioned above are indicative and may vary based on jeweller, location, and market fluctuations. Prices do not include making charges or additional taxes. Readers are advised to confirm the latest rates with local jewellers or official bullion sources before making any purchase.
