Sify's Gold rates for the city of Delhi are sourced from several associations and prominent jewellers from the city as an information for readers. These rates are exclusive of GST and making charges. These Gold-rates for 22Karat and 24Karat are near-accurate for Delhi and localities such as NCR, Janakpuri, Kirti Nagar, Vaishali, Karol Bagh, Kalkaji, Greater Kailash, Dwarka, Okhla, Sadar Bazaar, Vikaspuri, Shalimar Bagh etc. Rates for neighboring cities such as Noida, Faridabad, Agra, Ghaziabad, Gurugram, and Mehrauli are almost similar. The rates on this page may vary with the rates quoted by jewellers owing to several factors such as differences in business operations, logistics and even supply-chain differences.
Jewellery & Bullion Trends from Delhi:
Delhi or Dilli the dil-waalon-ka-sheher, popular for the Rajghat, India Gate, Qutub Minar, Beautiful Gardens, Akshardham, and lipsmacking Dilli ki Chaat is a hot shopping avenue. The city is home to quite a number of bazaars selling gold jewellery and even antiques. The national museum in Delhi is one avenue where enthusiasts can track several age-old historic coins and jewelleries, pendants and even chains.
It has taken a few decades for Dilwalo ki Dilli to earn the sobriquet of Mini India with people from several cultures and traditions calling it their home. The artisans in Delhi are quite adept at crafting imitation jewellery as well as embroideries such as Zardozi (done with Gold thread), and even Meenakari (art of enamelling).
For those who haven't visited the city, a few words from the popular Kajra-Mohobbat-waala is suffcient to explain the city's connection to Gold - "Dilli ke sehar kaa saara... Meena bazaar leke..." The writers most likely referred to Dilli's Meena and Chandni bazaar. The popularity of Delhi as a shoppers paradise was proved when luxury label Tiffanys chose this city and Mumbai as locations for its two grand stores in the country in 2019.
Although 22K gold rates can get a li'l expensive in comparison with other Indian markets, bullion rates are more or less similar across the country. Delhi is a prominent bullion-hub thanks to the availability of Delhi Air as the major cargo landing hub for airlifting precious metals in the country (when it comes to sea port- JNPT in Mumbai, Ennore in Chennai are more preferred by traders).
Some of the Jewellery shops in Delhi are at least a good centuries old. For instance, an entire street called Dariba Kalan in Chandni Chowk has existed since 17th century. While such examples can be easily spotted in old Delhi, the newer avenues to buy jewellery are mostly spread in New Delhi. Some of the popular ones in New Delhi include Mehrasons Jewellers, Khanna Jewellers, PC Jewellers, Hazoorilal Jewellers, Kalyan Jewellers, Tanishq and Malabar Jewellers.