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goldrateIndia

IBJA benchmark, PM session

Wednesday, 9 September 2026

Carried forward from the last trading session

Gujarat

Gold Rate Today in Vadodara

Purest form

24K Gold

999 purity

₹15,348.60

Per gram

-₹139.80(-0.90%)10g ₹1,53,486

Jewellery standard

22K Gold

916 purity

₹14,059.30

Per gram

-₹128.10(-0.90%)10g ₹1,40,593

Designer pieces

18K Gold

750 purity

₹11,511.50

Per gram

-₹104.80(-0.90%)10g ₹1,15,115

Gold rate in Vadodara: last 10 days

7 sessions, newest first

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Rates per gram, exclusive of GST and making charges. Change is measured against the previous published session, not the previous calendar day.

Buying gold in Vadodara

Vadodara is a smaller gold market than Ahmedabad or Surat, and it is worth saying so plainly. What it has instead is an unusually intact old city, and the trade still clusters where it always did.

Mandvi Gate stands at the centre of the walled city, where the roads running to the four gates cross. Sultan Muzaffar built it between 1511 and 1526, it was renovated in 1736 under Damaji Rao II, and Ganpatrao Gaekwad extended it to the four-storey structure you see today in 1856. The area around it was laid out as a marketplace, two large streets meeting at the centre and dividing the quarter into four, and that geography still organises where the jewellers are.

Buying here has the character of a regional market rather than a metropolitan one. More family jewellers, fewer national chains, longer relationships between shop and customer, and pricing that is more negotiable than posted. That cuts both ways: there is room to discuss making charges, and less standardisation to compare against.

Navratri is the defining occasion in Vadodara in a way it is not everywhere. The city's garba season drives demand for jewellery that will be worn and seen, and the weeks before it are among the busiest of the year. Dhanteras and Akshaya Tritiya follow.

Because posted pricing is less common here, do the arithmetic before you go. Work out the metal value of the weight you want at today's rate, decide what making charge you will accept, and treat the first quotation as an opening position rather than a price.

Sources: District Vadodara, Government of Gujarat: Mandvi Gate

Common questions

What is the 22K gold rate in Vadodara today?
The IBJA 916 (22K) benchmark applicable in Vadodara is ₹14,059.30 per gram, before making charges and GST.
Why does my jeweller in Vadodara quote a higher price?
The rate on this page is the metal rate only. A jeweller's bill adds making charges, a hallmarking fee and 3% GST, which together typically add 12-20% to the metal value.

Gold purity and the BIS hallmark, explained

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