On December 16, 2022, the price of gold in India for both 22 and 24 carat have dropped. 10 grams of 24 carat gold priced at Rs 54,220 in India, while 10 grams of 22 carat gold cost Rs 49,700.
Over the past 24 hours, minor variations in gold prices have been seen in several major Indian cities.
| Major Cities | 22 Carat/10g | 24 Carat/10g |
| Delhi | Rs 49,850 | Rs 54,380 |
| Mumbai | Rs 49,700 | Rs 54,220 |
| Kolkata | Rs 49,700 | Rs 54,220 |
| Chennai | Rs 50,450 | Rs 55,040 |
| Ahmedabad | Rs 49,750 | Rs 54,280 |