Gold Rate Today in Gujarat

Gold Rate Today in Gujarat — Complete Guide (14 September 2026)

Today's gold rate in Gujarat is ₹15,556/gram (24K), ₹14,255/gram (22K), and ₹11,664/gram (18K). 1 Tola (11.6638 grams of 24K gold) costs ₹1,81,442.073 in Gujarat today. WealthMinty covers gold rates across all 40 cities in Gujarat.

Gold Purity & Price Comparison in Gujarat

About Gold in Gujarat

Gujarat is India's diamond capital and a major gold market. Rajkot and Ahmedabad are jewellery manufacturing hubs. Navratri and Diwali drive enormous gold demand.

Gold Tradition & Culture in Gujarat

Gujarat is India's largest gold refining and processing hub. Ahmedabad is a major bullion trading center. Rajkot is famous for gold manufacturing. Gujarat accounts for 65%+ of India's gold jewellery exports.

Best time to buy gold in Gujarat: Dhanteras (Oct-Nov), Diwali, Navratri, Akshaya Tritiya.

How is the Gold Rate Decided in Gujarat?

The daily gold rate in Gujarat is not set by any single jeweller or the state government — it is derived from a transparent, four-step chain that keeps prices almost identical across every city in Gujarat (Bangalore, Mysore, Mangalore, Hubli, and smaller towns differ by only ₹0–100/gram):

1. International LBMA benchmark: The London Bullion Market Association fixes the global spot gold price twice daily in USD per troy ounce (1 troy ounce = 31.1035 grams). This is the base for gold worldwide, including Gujarat.
2. USD to INR conversion: The USD price is converted to rupees at the live RBI reference exchange rate. If the rupee weakens against the dollar, gold becomes costlier in Gujarat even if the international price is flat.
3. Import duty + GST:India imports nearly all its gold, so the government's import duty (currently ~15%, including Agriculture Infrastructure and Development Cess) and 3% GST are added. Together these taxes make up roughly 18% of the retail price you pay in Gujarat.
4. Local bullion benchmark (IBJA):The Indian Bullion & Jewellers Association (IBJA) publishes a daily wholesale rate thatGujarat's jewellers follow. Each showroom then adds its making charge (3–25% depending on design) and a tiny local margin for transport and overhead — this is the only reason prices vary slightly between shops and cities.

In Gujarat, gold is traditionally weighed in Tola (તોલા) — 1 Tola = 11.6638grams — though most retail billing today is done per gram. The 24K, 22K and 18K prices you see on this page are our editorial team's indicative daily reference rates for Gujarat, manually curated from public bullion market data (broadly tracking the IBJA national benchmark). They are refreshed daily and may differ slightly from your local jeweller's quote, which includes making charges and local margins.

Why Gujarat's rate differs from neighbouring states: Only by a negligible ₹0–50/gram, purely on local transport and dealer margin — there is no separate Gujarat gold tax. Kerala, Tamil Nadu, Andhra Pradesh andGujarat all import through the same customs ports, so the underlying landed cost is identical.

Factors Affecting Gold Price in Gujarat

• International Gold Prices: Gujarat's gold rate follows global LBMA benchmarks converted to INR.
• USD/INR Exchange Rate: A weaker rupee makes imported gold more expensive in Gujarat.
• Import Duty & GST: 15% import duty + 3% GST are included in the retail gold price.
• Local Demand: Wedding season and festivals drive up gold demand in Gujarat. Dhanteras (Oct-Nov), Diwali, Navratri, Akshaya Tritiya.
• Transportation & Dealer Margin: Minor ₹0–100/gram variation between cities in Gujarat.

Where to Buy Gold in Gujarat?

You can buy hallmarked 916 gold in Gujarat from trusted jewellers like Tanishq, Keshavlal V. Bodiwala, Dharmanandan Diamonds, Tanishq, Kalyan Jewellers, Malabar Gold, Hari Krishna Exports, and other BIS-certified gold shops. Buy gold coins, gold bars, and gold jewellery with HUID (Hallmark Unique Identification) number for verified purity. Compare making charges across shops — Tanishq charges 8-25% while local jewellers may charge 5-15%.

Famous gold markets in Gujarat: Manek Chowk Ahmedabad, Mandvi Vadodara, Saraf Bazaar Surat, Rajkot Gold Market.

Gold Loan in Gujarat

Banks and NBFCs in Gujaratoffer gold loans at 7-12% interest per annum. With today's 22K rate at ₹14,255/gram, 10 grams of gold can fetch a loan of approximately ₹1,06,913 (75% LTV). 50 grams of 22K gold can get up to ₹5,34,563.

Top gold loan providers in Gujarat: Muthoot Finance, Manappuram Finance, Muthoot Fincorp, IIFL Finance, Shriram Finance, State Bank of India (SBI), Bank of Baroda (Headquartered in Vadodara), HDFC Bank.

Gold Demand in Gujarat

• Demand Level: High
• Capital: Gandhinagar
• Type: State
• Cities Covered: 40 cities

Tax on Gold Purchase in Gujarat

• GST: 3% on gold jewellery, coins, and bars purchased in Gujarat
• Making Charges GST: 5% GST on making/labour charges
• Capital Gains: Short-term (<3 years) — income slab rate. Long-term (3+ years) — 20% with indexation
• TDS: 1% TDS on gold purchases exceeding ₹10 lakh per year

Gold Investment Options in Gujarat

1. Physical Gold: Buy 22K/24K gold coins and gold bars from Tanishq, MMTC-PAMP, or Keshavlal V. Bodiwala in Gujarat. 916 gold jewellery is the most popular.
2. Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + tax-free maturity.
3. Gold ETFs: Trade on NSE/BSE like shares. No storage hassle. Top picks: Nippon Gold ETF, SBI Gold ETF.
4. Digital Gold: Buy from ₹1 via Google Pay, PhonePe, Paytm. Gold stored in insured vaults.
5. Gold Mutual Funds: Invest via SIP using our SIP Calculator.

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