06 December,2025 06:08 PM IST | Mumbai | mid-day online correspondent
Representational Image. File Pic
With the wedding season currently uplifting the demand for gold, the prices of the yellow metal in the commodity market have been experiencing volatility. Gold remains a volatile commodity; gold prices during the wedding season are impacting the customer behaviour.
Gold prices in major metros like Mumbai, Delhi and Kolkata have been on a steady rise yet again after experiencing a decline in the last two months. The major reason for this, as per some of the experts, is because of the global market volatility, high import duties, and shifting investor sentiment.
Gold prices in Mumbai on December 6 also saw a minor change with an inclination of Rs. 290 as compared to Friday. The price of 24-carat gold in Mumbai on Saturday stood at Rs. 1,30,080 for 10 grams.
Considering the fact that major cities like Mumbai and Delhi serve as key hubs for bullion trading and jewellery retail, every change in the gold rate directly influences buyer behaviour in a certain way.
While the majority of people tend to buy gold during the wedding, families in metros like Mumbai, where gold demand is traditionally high, are now either making their purchases limited or switching to an alternate option to stay within budget.
On the other hand, jewellers in Delhi and Kolkata further expressed that customers are becoming more price-sensitive, looking at the rising gold prices in the last few days.
In Mumbai and Kolkata the price of ten grams of 24-carat gold stood at Rs 1,30,080 and Rs. 1,30,060 respectively. On the other hand, prices of gold in Bengaluru and Hyderabad also recorded similar pricing levels for 24-carat gold at Rs 1,30,050 and Rs 1,30,090 respectively. Whereas the price of 24-carat gold in Chennai stood at Rs. 1,31,010 f0r 10 grams.
While the price of 24-carat gold saw a minor inclination, the 22-carat gold price also experienced the same. The price of 22-carat gold in Mumbai on Saturday stood at Rs 1,19,250 while prices in Delhi, Kolkata, Bangalore and Chennai stood at Rs. 1,19,390, Rs. 1,19,230, Rs. 1,19,220 and Rs. 1,20,100 for 10 grams, respectively.
