India · Bangalore · 19 Jun 2026
Computed for Bangalore
| Purity | 8 g | 10 g | 100 g |
|---|---|---|---|
24K999 fine | ₹1,15,976.18 | ₹1,44,970.23 | ₹14,49,702.28 |
22K916 hallmark | ₹1,06,311.89 | ₹1,32,889.86 | ₹13,28,898.59 |
18K750 hallmark | ₹86,982.14 | ₹1,08,727.67 | ₹10,87,276.71 |
Verify metal cost, wastage, making & GST
Open the full gold, silver & platinum jewellery calculator to switch metal and city.
Difference is vs. previous trading day
| Date | 24K | 22K |
|---|---|---|
19 Jun 2026 Friday | ₹14,497.02(-312.00) | ₹13,288.99(-286.00) |
18 Jun 2026 Thursday | ₹14,809.02(-206.00) | ₹13,574.98(-188.84) |
17 Jun 2026 Wednesday | ₹15,015.02(-51.00) | ₹13,763.82(-46.75) |
16 Jun 2026 Tuesday | ₹15,066.02(+1.00) | ₹13,810.57(+0.92) |
15 Jun 2026 Monday | ₹15,065.02(+285.00) | ₹13,809.65(+261.25) |
14 Jun 2026 Sunday | ₹14,780.02(-0.00) | ₹13,548.40(-0.00) |
13 Jun 2026 Saturday | ₹14,780.02(+0.00) | ₹13,548.41(+0.00) |
Source: IBJA AM/PM reference fix · published twice daily · methodology
24K · INR per gram · Bangalore · always shows latest, independent of selected date
Same IBJA base · local premium applied
Today’s gold rate in Bangalore (19 Jun 2026) is ₹14,497.02 per gram for 24K (999 fine) and ₹13,288.99 per gram for 22K (916 hallmark — the standard for Indian jewellery). 18K (750 hallmark) is also published above for gemstone-set pieces.
Prices on this page are derived from the Indian Bullion and Jewellers Association (IBJA) reference fix, adjusted for the Bangalore city premium. They cover the metal value only — wastage, making charges and GST are added separately by your jeweller. The jewellery bill calculator above itemises a full retail invoice.
Indian gold rates track the international spot price set in USD on the London Bullion Market (LBMA) and COMEX. That base is converted to INR using the daily exchange rate, then import duty (currently 6%) and GST (3%) are layered on. IBJA publishes a domestic fix twice each business day at 12:00 and 17:00 IST, which most retail jewellers and banks use as their reference rate.
Day-to-day, the headline drivers are: the dollar index (a weaker dollar usually lifts gold), real US interest rates (gold competes with Treasury yields), central-bank buying (notably the People’s Bank of China and the RBI), and physical demand from India and China during the Diwali, wedding and Chinese New Year seasons. Geopolitical shocks tend to add a short-lived safe-haven premium.
City-level differences within India are small — typically under 1% — and reflect local transport, financing and dealer margins. Chennai is historically the highest by a small margin; Mumbai, Bangalore and Hyderabad sit closest to the national base rate.
24K (999 fine) is pure gold and the format of choice for coins, bars and digital gold — it preserves the full metal value at the IBJA rate. It is too soft for everyday jewellery and dents easily.
22K (916 hallmark) is 91.6% gold alloyed with copper or silver for hardness. It is the Indian jewellery standard — almost all hallmarked rings, chains and bangles are 22K. Hallmarking is administered by the Bureau of Indian Standards (BIS) and has been mandatory on gold jewellery sold in India since April 2023.
18K (750 hallmark) is 75% gold and is preferred for diamond and gemstone settings because it holds prongs more securely. It is also the standard for branded designer jewellery.
Every jewellery bill in India has the same four components stacked on top of each other. Understanding the order is what stops you from being over-charged:
Suppose you’re buying a 10 g 22K chain. The IBJA 22K rate today is, say, ₹9,000/g. Metal cost is ₹90,000. With 10% wastage that’s ₹9,000, and 12% making on (metal + wastage) is ₹11,880. GST is 3% on (metal + wastage) = ₹2,970 and 5% on making = ₹594. Total: ₹1,14,444.
If the bill the jeweller hands you reads ₹1,20,000 for the same piece, the difference (₹5,500+) is unexplained — typically it’s higher wastage or making than what was verbally quoted. Asking for the breakdown line by line, with the calculator open on your phone, almost always settles it.
Every piece of gold jewellery sold in India must carry three marks, stamped together in one place (usually inside a ring band or on a chain clasp): the BIS triangle logo, the fineness number (916 for 22K, 750 for 18K, 999 for 24K), and a six-digit alphanumeric HUID code unique to that piece. Hallmarking with HUID has been mandatory since April 2023. (These and other terms — tola, sovereign, fineness — are explained in the glossary.)
The HUID is your strongest protection against under-karatage — being sold 20K metal billed as 22K. Enter the code in the official BIS Care app and it returns the registered jeweller, the purity and the hallmarking centre for that exact piece. If a seller offers “KDM gold” instead, treat it as a red flag: cadmium-soldered (KDM) jewellery is no longer permitted under BIS rules, and the HUID hallmark has superseded it entirely.
Wastage and making charges vary more between ornament types than between jewellers. These are the typical starting points the jewellery calculator pre-fills when you pick an ornament — use them as a negotiation reference, and replace them with your actual quote to verify a bill.
| Ornament | Typical wastage | Typical making | Guidance |
|---|---|---|---|
| Plain chain / kada | ~5% | ~8%on metal | Machine-made designs have the lowest charges — a good first negotiation benchmark. |
| Ring | ~6% | ~12%on metal | Plain bands sit at the low end; stone-set rings are billed with the stone separately. |
| Bangle | ~7% | ~12%on metal + wastage | Pairs are usually quoted per piece — confirm whether the charge applies to each. |
| Necklace / haram | ~10% | ~16%on metal + wastage | Heavier and more intricate designs push both wastage and making toward the top of the range. |
| Earrings / studs | ~8% | ~14%on metal + wastage | Small pieces carry proportionally higher making — compare the absolute ₹ figure, not just the %. |
| Antique / Temple / Kundan | ~14% | ~22%on metal + wastage | Handmade and intricate work commands the highest charges — 22% or more is common. |
| Coins & bars | Nil | Nil–2% | Sold at or near metal value — the most efficient way to buy gold by weight. |
Indicative starting points, not fixed rates — jewellers vary widely by design, brand and city. Always ask for the breakdown in writing.
Two taxes shape the Indian gold price. GST is charged at 3% on the gold value (metal plus wastage) and 5% on making charges — both itemised separately on a proper bill. Import duty is levied on the bullion itself before it ever reaches a jeweller, since India imports nearly all the gold it consumes.
This is why the Indian retail rate is always higher than the international spot price you may see quoted in dollars: the landed price stacks the exchange rate, import duty and GST on top of the global benchmark. Duty changes announced in the Union Budget move the domestic price the same day, independent of the international market.
Jewellery is the traditional route but the least efficient store of value — 15–30% of what you pay goes to wastage, making and GST that you will not recover on resale. Coins and bars (24K, 999) track the metal value closely, with little or no making charge, and are the simplest physical investment.
Digital gold lets you accumulate small amounts backed by vaulted metal, though it sits outside formal investor-protection regulation. Gold ETFs and mutual funds suit demat-account holders: no storage risk, tight tracking of the IBJA rate, and easy exit. Sovereign Gold Bonds (SGBs) pay interest on top of the gold price and are exempt from capital-gains tax at maturity — but no fresh tranches have been issued recently, so they are currently available only second-hand on the stock exchanges.
When you sell old jewellery, you are paid for the metal value only — weight × purity × today’s rate. The wastage, making charges and GST from the original purchase are gone, and most buyers deduct a further 3–10% for melting and purity testing. Hallmarked pieces fetch quotes much closer to the published rate, because the purity does not need to be re-assayed.
Exchanging old gold for new at the same jeweller usually beats an outright sale — many waive the melting deduction and set off the full metal value against the new piece. Whichever route you take, get the weight and purity assessed in front of you, and remember that profit on gold sales is taxable as capital gains; the applicable rate depends on how long you held it, so check the current rules when filing.
Today's 24K gold rate in Bangalore is ₹14,497.02 per gram and 22K is ₹13,288.99 per gram.
1 gram of 22K gold in Bangalore costs ₹13,288.99 today. 22K (the 916 hallmark) is the purity virtually all Indian jewellery is sold at, and per gram is the unit every jeweller quotes. A jewellery bill adds wastage, making charges and GST on top of this metal rate.
10 grams of 22K gold is worth ₹1,32,889.86 today at the Bangalore rate of ₹13,288.99 per gram. That is the metal value only — a finished 10 g ornament will be billed higher once wastage, making charges and GST are added. The jewellery bill calculator on this page itemises the full amount.
916 is the BIS fineness mark for 22-karat gold: 91.6% pure gold, with the rest copper or silver added for hardness. "916 gold rate" and "22K gold rate" are the same number. Today's 916 gold rate in Bangalore is ₹13,288.99 per gram — the same as the 22K rate above.
Divide the karat by 24 and multiply by the 24K rate: karat ÷ 24 × 24K price per gram. For example, with today's 24K rate of ₹14,497.02, the 22K rate works out to roughly 22 ÷ 24 × ₹14,497.02 ≈ ₹13,288.94 per gram (retail 22K uses the slightly different 0.916 fineness ratio).
A tola is a traditional Indian unit equal to 11.6638 grams. At today's 24K rate, one tola costs about ₹1,69,090.37. The related South Indian unit, the sovereign (pavan), is 8 grams of 22K gold. The price table above shows today's rate per gram, tola, sovereign and ounce.
24K is 99.9% pure gold (also called 999 fine) and is used for coins and bars. 22K is 91.6% pure (the 916 hallmark) and is the standard for Indian jewellery because pure 24K is too soft to hold a setting. 18K is 75% pure (750 hallmark) and is preferred for diamond and gemstone jewellery for its added strength.
Indian gold rates move with the international spot price (set in USD on the London and COMEX markets), the USD-to-INR exchange rate, import duty, GST, and daily demand from jewellers and bullion banks. The Indian Bullion and Jewellers Association (IBJA) publishes a fix twice each business day that most domestic retailers use as a reference.
The BIS (Bureau of Indian Standards) hallmark is a six-digit alphanumeric code stamped on jewellery to certify its purity. A 916 stamp confirms 22K, 750 confirms 18K, and 999 confirms 24K. Since April 2023, BIS hallmarking is mandatory for gold jewellery sold in India.
No. Each city applies a small local premium on top of the IBJA reference price to cover transport, financing, and dealer margins. Chennai is historically the highest by a small margin; Mumbai, Bangalore and Hyderabad are typically closest to the national base.
No. The rate on this page is the metal value per gram only. Jewellery purchases also attract wastage (typically 5–12%), making charges (8–25%) and GST (3% on gold value, 5% on making). Use the bill verification calculator to itemise a complete jeweller's bill.
For pure investment, 24K coins or bars (or digital gold) preserve the full metal value and are easier to liquidate at the IBJA rate. 22K is meant for jewellery; resale value usually deducts wastage and making charges, so it is a less efficient investment vehicle.
Look for the three-part BIS hallmark stamped on the piece: the BIS triangle logo, the fineness number (916 for 22K, 750 for 18K, 999 for 24K), and the six-digit alphanumeric HUID code. You can verify the HUID against the jeweller's record in the official BIS Care mobile app. For unhallmarked pieces, any BIS-recognised assaying centre can test purity with an XRF (karat meter) scan.
Yes. 22K is alloyed with copper or silver precisely so it is hard enough for everyday wear — it is the standard for Indian daily-wear chains, rings and bangles. Pure 24K is too soft and dents or bends easily, while 18K is harder still and suits stone-set pieces that take more knocks.
You will be paid for the metal value only — the wastage, making charges and GST you paid at purchase are not recoverable. Most buyers also deduct roughly 3–10% for melting and purity testing, and hallmarked pieces fetch closer to the published rate than unhallmarked ones. Exchanging old jewellery for new at the same jeweller usually gives a better effective rate than an outright sale.
No one can reliably predict gold prices, and this site publishes data, not forecasts. Prices respond to the US dollar, real interest rates, central-bank buying, the USD–INR exchange rate and Indian seasonal demand. Use the long-range chart on this page to study the historical trend yourself, and treat any specific price prediction you read online with scepticism.
Pick the purity (22K, 24K or 18K) on the slider, enter the gold weight, and tap "Use today's rate" to fill in the per-gram price for the city the page is showing. Then add the wastage percentage, making charges, and GST rates from your bill — the calculator itemises metal cost, wastage, making, and GST, and shows the total. Compare it line by line with the bill the jeweller has handed you.
Wastage is the gold that is lost while shaping the jewellery (cutting, melting, polishing). Jewellers add it as a percentage of the metal weight — typically 5–12% for machine-made designs and up to 25% for handmade or intricate pieces. It is added to the metal cost before making charges and GST are applied.
Making charges cover the jeweller's labour and design fee. They are quoted either as a flat percentage of the metal value (often "with wastage", i.e. on metal + wastage) or as a fixed amount per gram. Branded retailers tend to charge 10–20%; local jewellers vary widely. The calculator supports both bases.
