Gold prices in Delhi on May 14, 2026 stand at ₹16,226 per gram for 24 carat gold, ₹14,895 per gram for 22 carat gold, and ₹12,190 per gram for 18 carat gold — up ₹33, ₹30, and ₹25 respectively from yesterday’s levels, continuing the marginal upward drift as international gold consolidates near $4,700 per ounce following last week’s extraordinary duty-hike-driven repricing.
Delhi presents an unusual rate structure on May 14 — trading at ₹16,226 per gram on 24 carat gold, which is actually ₹7 below the standard national baseline of ₹16,233 per gram seen in Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, and Pune. This is a reversal of Delhi’s typical marginal premium over most other cities and may reflect a temporary adjustment in local levy or dealer pricing as the market recalibrates after the extraordinary May 13 surge. Chennai remains the highest at ₹16,418 per gram while Vadodara and Ahmedabad sit at ₹16,238 per gram.
For Delhi consumers, 10 grams of 24 carat gold now costs ₹1,62,260 — up ₹330 from yesterday’s ₹1,61,930. The day-on-day increase of ₹33 per gram is negligible compared to the ₹1,391 per gram single-day surge of May 13 driven by the government’s midnight decision to raise gold and silver import duty from 6% to 15%.
Delhi’s Chandni Chowk — the historic jewellery district and one of India’s most liquid physical gold trading markets — is operating in a fundamentally different price environment than it was a week ago. The new floor around ₹16,200 per gram for 24 carat gold is approximately 8.8% higher than the pre-duty-hike levels of ₹14,900-15,000 per gram that prevailed before May 12. The capital’s politically engaged jewellery trade is watching closely whether the government’s voluntary appeal and hard duty hike together succeed in reducing import demand — or whether smuggling margins at approximately ₹14 lakh per kilogram activate the grey market channels that last flourished under the previous high-duty regime.
Rates are indicative and exclude GST, TCS, and other levies. Contact your local jeweller for exact rates.