Gold Prices Dip Across Metros as Jewellers Adjust Retail Rates

Gold Prices Dip Across Metros as Jewellers Adjust Retail Rates​

Gold rates across leading jewellery brands showed movement today, Tuesday, July 28, 2026. Consumers looking to purchase gold must note that prices exhibit slight variations between different jewellers and are subject to local taxes and specific charges in various cities. This daily review provides a detailed look into the current retail prices for key purities across major markets including Delhi, Mumbai, Hyderabad, Chennai, Kolkata, and Bengaluru.

Daily Trend and Price Fluctuation in Gold Jewellery​

Gold prices experienced notable fluctuations today at multiple premier jewellers. While some brands showed marginal increases compared to yesterday's rates, others registered slight decreases in pricing structure for 22K gold jewellery. These daily adjustments highlight the dynamic nature of the precious metal market at the retail level.

The pricing data is sourced from various showrooms across India, including Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. The rates provided are valid as of 11:00 am on July 28, 2026, and buyers are advised that rates may change during the day.

City-Wise Analysis of 22K Gold Rates​

Across several major metropolitan areas, consistent pricing patterns were observed among key brands for 22K gold. In New Delhi, Tanishq priced 22K gold jewellery at ₹13,415 per gram, maintaining the rate from July 27, 2026. This figure was mirrored by Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas in showrooms located across New Delhi.

In Chennai, Tanishq maintained its pricing for 22K gold at ₹13,415 per gram. Similarly, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas recorded their rate at ₹13,215 per gram in the city showrooms on July 28, 2026.

Across other key markets including Kolkata, Bengaluru, and Hyderabad, brand pricing remained consistent. Tanishq’s rate for 22K gold jewellery was set at ₹13,415 per gram across all these locations.

Brand Rate Comparatives Across Indian Metros​

The market data reveals close adherence to price levels among major national jewellery chains. For instance, in Mumbai and Chennai showrooms, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas were uniformly priced at ₹13,215 per gram for 22K gold today. This represented a slight decrease from the previous day's rate of ₹13,370 per gram recorded by these specific brands in those cities.

In Trivandrum, the uniformity trend persisted. Tanishq listed its price at ₹13,415 per gram for 22K gold jewellery. The three other leading jewellers maintained their pricing structure at ₹13,215 per gram compared to July 27, 2026.

IBJA Indicative Gold and Silver Rates​

The India Bullion and Jewellers Association (IBJA) provided specific indicative retail selling rates as of the close of business on July 27, 2026. These standard rates offer a benchmark for purity levels across various metals.

According to IBJA data, the metal breakdown is as follows:

• Fine Gold (999): ₹14,447 per gram
• 22 KT Gold: ₹14,100 per gram
• 20 KT Gold: ₹12,857 per gram
• 18 KT Gold: ₹11,702 per gram
• 14 KT Gold: ₹9,318 per gram

For silver jewellery, the indicative retail selling rate for 999-purity Silver was listed at ₹2,24,447 per kg. Note that today’s rates for gold and silver have yet to be updated by IBJA.