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18K, 22K & 24K gold prices per gram in India (INR)

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Karat-wise Price Breakdown

Showing rates from Source 1 ACTIVE · Last updated
18 Karat
18K Gold
Fineness: 0.750 · 75.0% pure
per gram · INR
Base value (10g)
GST (3%)
Total excl. making charges
22 Karat
22K Gold
Fineness: 0.916 · 91.6% pure
per gram · INR
Base value (10g)
GST (3%)
Total excl. making charges
24 Karat
24K Gold
Fineness: 0.999 · 99.9% pure
per gram · INR
Base value (10g)
GST (3%)
Total excl. making charges

Source Comparison

Source 18K (/g) 22K (/g) 24K (/g) Last Updated Action
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Complete Rate Table

Purity Karat Fineness Per Gram (₹) Per 8g (₹) Per 10g (₹) Per 100g (₹)
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Frequently Asked Questions (FAQs)

Essential insights on gold purity, 3% GST calculation, hallmarking, and price factors in India

What is the difference between 24K, 22K, and 18K gold?

The karat rating measures the ratio of pure gold to alloyed metals:

  • 24 Karat (99.9% Pure / Fineness 999): The purest form of gold with no other metals mixed in. It is soft, bright yellow, and primarily used for bullion bars, minted coins, and financial reserves.
  • 22 Karat (91.6% Pure / Fineness 916): Contains 91.6% pure gold alloyed with 8.4% metals like silver, zinc, and copper. This is the gold standard for traditional Indian wedding and daily jewelry.
  • 18 Karat (75.0% Pure / Fineness 750): Contains 75% gold and 25% alloy metals. It is noticeably harder and ideal for diamond-studded jewelry, gemstone rings, and modern luxury watches.
How is final gold jewelry price calculated in India?

When buying jewelry in India, the final billing follows this standardized formula:

Final Bill = (Gold Rate × Weight in Grams) + Making Charges + 3% GST (on Total) + BIS Hallmark Fee (₹45 + GST)

Making charges typically range between 8% to 25% depending on whether the ornament is machine-made, handmade, or studded with gemstones.

What is BIS Hallmarking and how can I verify authentic gold?

BIS Hallmarking is the official certification granted by the Bureau of Indian Standards (BIS) guaranteeing purity. Under mandatory hallmarking rules in India, every authentic piece must have 3 stamps:

  1. BIS Standard Logo: Triangular emblem.
  2. Purity & Fineness Mark: E.g., 22K916 (22 Karat) or 18K750 (18 Karat).
  3. 6-Digit Alphanumeric HUID: Hallmark Unique Identification code that can be authenticated via the official BIS Care mobile application.
Why do gold rates differ slightly across Indian cities?

Gold prices vary marginally across cities like Mumbai, Delhi, Chennai, Bangalore, and Kolkata due to:

  • State & Local Levies: Local municipal charges and interstate transportation costs from importing hubs.
  • Local Bullion Associations: City-based jeweler associations (like IBJA, Madras Jewellers Association) set daily morning and evening benchmark rates based on regional demand and supply liquidity.
  • Jeweller Purchase Volume: High-volume import centers frequently offer tighter retail spreads.
Why isn't 24 Karat gold used for regular jewelry?

Pure 24K gold is exceptionally soft and pliable. If molded into thin chains or delicate rings, it easily bends, deforms, scratches, and cannot firmly hold prongs or precious gemstones (diamonds, emeralds). 22K and 18K provide the tensile strength required for lasting wearable jewelry.

How often are the prices updated on CashKonnect?

Our automated pricing engine scans and snapshots live market rates every 5 minutes. The latest recorded timestamp is always displayed at the top hero section so you know exactly when the data was retrieved.

Can I buy or transact gold directly on this rate tracker page?

This page currently serves as a live market rate discovery and spot price benchmarking tool. Digital gold trading, liquid gold solutions, and transaction capabilities will be introduced as new platform features are announced under applicable regulatory guidelines.

Is the information on this price tracker considered personalized financial advice?

No. The spot rates, 3% GST estimations, and market data displayed on this page are general educational and informational reference tools. They do not constitute personalized financial, tax, or investment advice. Users should always assess their individual financial objectives or consult a qualified advisor before transacting.

Why might a jeweler's quote differ from CashKonnect's rate?

The rates displayed on CashKonnect reflect benchmark spot gold bullion rates. A retailer's final invoice will factor in specific retail elements such as making charges (typically 8% to 25%), design craftsmanship, hallmark certification fees (₹45 + GST), stone weights, and local state levies.

Are third-party platform names affiliated with CashKonnect?

No. All third-party trademarks, company names, logos, and data sources referenced are the intellectual property of their respective owners. Mentioning these sources is solely for honest factual attribution under fair dealing standards and does not imply sponsorship, partnership, or endorsement.

Important Legal & Data Disclaimer

Informational Purpose Only: The gold rates displayed on this platform are indicative spot prices aggregated from publicly available market feeds and price benchmarks strictly for general informational, educational, and reference purposes. The information provided on this tracker does not constitute trading, investment, tax, or personalized financial advisory services.

No Warranty & Accuracy: While we endeavor to refresh rates regularly, gold prices fluctuate continuously throughout trading hours. CashKonnect does not warrant, verify, or guarantee the timeliness, completeness, or accuracy of the displayed rates. Actual retail jewelry prices, making charges, hallmark fees, and local state taxes will vary across jewellers and regions. Always consult a certified jeweler, registered financial advisor, or official bullion exchange before entering into any transaction.

Third-Party Trademarks & Non-Affiliation: All third-party product names, company names, logos, and trademarks referenced herein remain the intellectual property of their respective owners. Reference to any third-party source does not constitute or imply any affiliation, sponsorship, endorsement, or recommendation by or with CashKonnect.

Limitation of Liability: Under no circumstances shall CashKonnect, its developers, or affiliates be liable for any direct, indirect, incidental, or consequential damages or financial losses arising from the use of, or inability to use, the information published on this page.