Today's Gold & Silver Rates in India
Live city-wise retail bullion benchmarks for 24 Karat, 22 Karat (Hallmarked 916), 18 Karat Gold, and Silver per Kilogram. Includes transparent jewelry making charge and 3% statutory GST calculator.
Calculate Exact Gold Jewelry Bill in
Avoid hidden jeweler markups by breaking down the base gold value, making charges (wastage), and statutory GST.
Today's Gold & Silver Rates in Major Indian Cities
Compare 24K, 22K, 18K Gold and Silver across top states and metropolitan centers.
| City / Region | 24K Gold (10g) | 22K Gold (10g) | 18K Gold (10g) | Silver (1 Kg) | Silver (10g) | Action |
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Why Do Gold Rates Vary Across Cities?
Gold rates vary between Indian states and cities primarily due to local transportation logistics, octroi/entry taxes, state-level bullion association pricing, and jeweler making margins.
24K vs 22K vs 18K Hallmarking
24K (999) represents 99.9% pure gold, primarily used for coins and bars. 22K (916) contains 91.6% gold alloyed with copper/zinc for strength, and is the standard for bridal jewelry.
Sovereign Gold Bonds (SGB) Alternative
For pure investment without making charge losses or storage concerns, RBI-backed Sovereign Gold Bonds offer 2.50% annual coupon and 100% tax-free capital gains at maturity.
Gold & Silver Bullion Purchase FAQs
What is the difference between 24K, 22K, and 18K Gold?
24 Karat gold is 99.9% pure gold, ideal for investment coins and bars. 22 Karat (BIS 916 Hallmarked) is 91.6% pure and alloyed with metals like zinc or copper for jewelry durability. 18 Karat is 75% pure gold, commonly used for diamond-studded jewelry.
What is the statutory GST on Gold purchases in India?
A flat 3% Goods and Services Tax (GST) applies to the total value of the gold plus making charges. Additionally, jewelers apply making charges typically ranging from 8% to 25%.
How often are city bullion rates updated?
Retail bullion rates are updated twice daily reflecting international spot bullion movements and Indian Bullion and Jewellers Association (IBJA) benchmarks.
Gold and silver spot rates displayed are indicative retail benchmarks compiled from Indian bullion associations and Multi Commodity Exchange (MCX) futures. Physical over-the-counter jewelry prices will vary across jewellers due to hallmarking fees, local logistics, making charges (typically 5% to 25%), and 3% statutory Goods and Services Tax (GST). Sovereign Gold Bonds (SGB) are issued under Reserve Bank of India (RBI) notifications and carry sovereign capital gains exemptions upon full 8-year maturity. InvestResearch India is an analytical technology platform and does not offer physical bullion trading or financial advisory.