Methodology

The source

Every gold rate published here originates with the India Bullion and Jewellers Association (IBJA). IBJA publishes benchmark rates twice on each trading day, an AM and a PM session, and those are the rates the Indian trade prices from. Banks use them for gold loan valuation, and jewellers quote from them.

We take IBJA’s published figures for 999, 916 and 750 fineness directly. We do not derive 22K and 18K by multiplying the 24K rate by a purity ratio. The derived figure and the published figure differ by a few rupees per gram, and the published one is what a jeweller will quote you.

For how that benchmark is arrived at, and why the Indian rate is not the international price converted into rupees, see how gold prices are set in India.

Units

IBJA publishes gold per 10 grams and silver per kilogram. We normalise everything to per gram the moment it enters our system, and every figure on this site is per gram unless it explicitly says otherwise. This is deliberate: mixing units is how rate sites end up displaying a figure ten times too high.

How often it updates

Our collector runs twice each weekday, shortly after each IBJA session. IBJA does not publish on Saturdays, Sundays or central government holidays. On those days the most recent published rate is carried forward, and the page says so rather than implying the figure is from today.

The rate currently shown was published for 2026-09-09 (PM session).

Why our city rates are not marked up

This is the part where we differ from most rate sites, so it is worth stating plainly.

Local gold rates do vary between Indian cities: transport, dealer density and local association conventions all play a part. But we do not have a verified, city-level data source for those differences, and we are not willing to invent one. Applying a made-up premium to make 13 city pages look different from each other would produce numbers that are precise and wrong.

So every city page on this site currently shows the national IBJA benchmark. What the city pages add is context that is genuinely local: the markets people actually buy in, what tends to be bought there, and when demand peaks, rather than a fabricated price difference.

If we later source verified city-level rates, we will publish the source here before we publish the rates.

What the published rate excludes

The figure you see is the metal rate. A jeweller’s bill adds:

• Making charges: the labour, quoted either as a percentage of metal value or as a flat amount per gram
• Wastage, where a jeweller charges it, usually as additional grams rather than rupees
• Hallmarking: a per-article BIS fee
• GST: normally 3% on the whole invoice

Together these typically add 12–20% to the metal value. Our jewellery price calculator itemises all of it.

When something looks wrong

Our collector refuses to publish a rate that fails any of its checks: a figure outside a plausible band, purities in the wrong order, a day-on-day move above 6%, or a mismatch against an independent price feed. If a check fails, the previous rate stands and we are alerted, rather than a bad number going live.

No process catches everything. If a rate here looks wrong to you, please tell us. We would rather hear it from you than not hear it.

Independence

goldrateIndia.info does not sell gold, broker it, or take commission from jewellers. We are not paid to feature any dealer. The site is funded by advertising, and no advertiser sees or influences the rates we publish.