
Gold prices in India went up fast on May 13 2026 after the government made a big change. They increased the tax on importing gold and silver from 6% to 15%. This sudden change made gold prices jump up a lot in one day which is something we have not seen in a long time. Now the price of 24K gold is than ₹1.65 lakh for every 10 grams in many big cities. People who buy and sell gold were really surprised. They quickly went to check the new prices after the government increased the tax. Gold prices in India were over the place because people were buying and selling gold really fast.
The people who know a lot about the gold industry say the government did this to stop many people from importing gold. They want to keep India money safe when the world economy is not doing well. There are problems, in the Middle East. The price of gold went up fast and it affected the people who buy and sell gold, the people who make gold jewellery and the people who invest in gold.
Chennai recorded some of the highest gold prices in the country today.
24K Gold: ₹16,800 per gram
22K Gold: ₹15,400 per gram
10 grams of 24K gold crossed ₹1.68 lakh
Mumbai continued witnessing strong gold demand despite the price rise.
24K Gold: ₹16,789 per gram
22K Gold: ₹15,390 per gram
Delhi saw gold rates touching fresh record highs.
24K Gold: ₹16,804 per gram
22K Gold: ₹15,405 per gram
Hyderabad and Bengaluru both recorded major increases in bullion prices.
24K Gold: ₹16,789 per gram
22K Gold: ₹15,390 per gram
Kolkata also witnessed major movement in gold rates.
24K Gold: ₹16,789 per gram
22K Gold: ₹15,390 per gram
Ahmedabad recorded slightly higher prices compared to many other Indian cities.
24K Gold: ₹16,794 per gram
22K Gold: ₹15,395 per gram
Pune saw sharp increases across all gold categories.
24K Gold: ₹16,789 per gram
22K Gold: ₹15,390 per gram
Kochi continued following Kerala’s strong gold-buying tradition despite rising prices.
24K Gold: ₹16,789 per gram
22K Gold: ₹15,390 per gram
Vijayawada saw jumps in gold prices after the government raised the tax on gold.
Local jewellers said they got a lot of calls, from people who wanted to know the prices of gold after the government made the announcement.
Experts say multiple reasons caused the sudden rise in gold prices across India:
| City | 24K Gold (per gram) | 22K Gold (per gram) |
|---|---|---|
| Chennai | ₹16,800 | ₹15,400 |
| Mumbai | ₹16,789 | ₹15,390 |
| Delhi | ₹16,804 | ₹15,405 |
| Hyderabad | ₹16,789 | ₹15,390 |
| Bengaluru | ₹16,789 | ₹15,390 |
| Kolkata | ₹16,789 | ₹15,390 |
| Ahmedabad | ₹16,794 | ₹15,395 |
| Pune | ₹16,789 | ₹15,390 |
| Kochi | ₹16,789 | ₹15,390 |
| Vijayawada | Price surged sharply | Heavy demand reported |
Saniya Siddique is a skilled Content Writer with a background in Journalism. Specializes in creating engaging, accurate, and audience-focused content, with expertise in news writing, digital media, and writing trendy articles on buzz and entertainment.
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