Fine Gold (999) is at Rs 12,568, 22K at Rs 12,267, 20K at Rs 11,186, 18K at Rs 10,180, and 14K at Rs 8,106 today. If you are thinking in 10-gramme terms for budgeting, that’s roughly Rs 1,25,680 for 999, Rs 1,22,670 for 22K, Rs 1,11,860 for 20K, Rs 1,01,800 for 18K, and Rs 81,060 for 14K. These rates were released by the India Bullion and Jewellers Association and exclude GST or making charges.
Overall, across purities, today’s prices are higher by roughly 1.5 percent from yesterday, extending last week’s firm tone.
What your bill really includes
These quotes are base metal rates by purity. Your final invoice climbs once making charges and GST are added, and ornate work or stone settings can push the making component higher. Coins and bars in 999 (or 995) usually carry leaner premiums than jewellery.
Picking the right purity
For pure investing, 24K coins or bars from reputed refiners keep it straightforward. Daily-wear jewellery still leans on 22K because it balances purity with durability. Diamond or gemstone pieces often use 18K or 14K to hold stones better and keep the ticket size sane while retaining a gold look.
City variations to expect
Local quotes can differ a bit because of logistics, store premiums, and competitive pricing. Treat today’s numbers as a reference point and check your jeweller’s live board before you pay.
Smart checks before you buy
Insist on BIS hallmarking and a clean invoice that shows purity, weight, applied rate, making charges, and taxes. Weigh the piece at the counter, ask the store’s buyback policy and typical deductions, and keep the packaging and certificate for coins and bars.
Bottom line
Rates are firm across purities, but the real savings come from picking the right purity for your use and keeping making charges in control. Stagger buys if you’re accumulating, and match the product—coin, bar, or jewellery—to your goal so today’s price actually works in your favour.
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