Gold Rate Today in West Bengal — Complete Guide (7 August 2026)
Today's gold rate in West Bengal is ₹14,994/gram (24K), ₹13,740/gram (22K), and ₹11,242/gram (18K). 1 Bhari (11.6638 grams of 24K gold) costs ₹1,74,887.017 in West Bengal today. WealthMinty covers gold rates across all 40 cities in West Bengal.
Gold Purity & Price Comparison in West Bengal
| Purity | Karat | Gold % | Rate/gram | Best For |
|---|
| 999 | 24K | 99.9% | ₹14,994 | Investment, Coins |
| 916 | 22K | 91.6% | ₹13,740 | Jewellery |
| 750 | 18K | 75.0% | ₹11,242 | Diamond Jewellery |
| 585 | 14K | 58.5% | ₹8,771 | Fashion Jewellery |
About Gold in West Bengal
West Bengal has a rich gold heritage. Kolkata's Bowbazar is a major gold market. Durga Puja and Bengali weddings drive massive gold demand. Filigree goldwork is a Bengal speciality.
Gold Tradition & Culture in West Bengal
Bengal has a unique tradition of lightweight, artistic gold jewellery. Kolkata's Bowbazar is the traditional gold market. Bengali weddings feature distinctive gold ornaments like Chur, Pola, Shakha. Dhanteras and Lakshmi Puja drive major gold purchases.
Best time to buy gold in West Bengal: Dhanteras, Durga Puja (Oct), Lakshmi Puja, Akshaya Tritiya.
How is the Gold Rate Decided in West Bengal?
The daily gold rate in West Bengal 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 West Bengal (Bangalore, Mysore, Mangalore, Hubli, and smaller towns differ by only ₹0–100/gram):
- 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 West Bengal.
- 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 West Bengal even if the international price is flat.
- 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 West Bengal.
- Local bullion benchmark (IBJA):The Indian Bullion & Jewellers Association (IBJA) publishes a daily wholesale rate thatWest Bengal'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 West Bengal, gold is traditionally weighed in Bhari (ভরি) — 1 Bhari = 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 West Bengal, 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 West Bengal's rate differs from neighbouring states: Only by a negligible ₹0–50/gram, purely on local transport and dealer margin — there is no separate West Bengal gold tax. Kerala, Tamil Nadu, Andhra Pradesh andWest Bengal all import through the same customs ports, so the underlying landed cost is identical.
Factors Affecting Gold Price in West Bengal
- International Gold Prices: West Bengal's gold rate follows global LBMA benchmarks converted to INR.
- USD/INR Exchange Rate: A weaker rupee makes imported gold more expensive in West Bengal.
- 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 West Bengal. Dhanteras, Durga Puja (Oct), Lakshmi Puja, Akshaya Tritiya.
- Transportation & Dealer Margin: Minor ₹0–100/gram variation between cities in West Bengal.
Where to Buy Gold in West Bengal?
You can buy hallmarked 916 gold in West Bengal from trusted jewellers like Tanishq, Senco Gold, PC Chandra Jewellers, Tanishq, Kalyan Jewellers, Malabar Gold, 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 West Bengal: Bowbazar Kolkata, Gariahat Kolkata, Hatibagan, New Market Kolkata.
Gold Loan in West Bengal
Banks and NBFCs in West Bengaloffer gold loans at 7-12% interest per annum. With today's 22K rate at ₹13,740/gram, 10 grams of gold can fetch a loan of approximately ₹1,03,050 (75% LTV). 50 grams of 22K gold can get up to ₹5,15,250.
Top gold loan providers in West Bengal: Muthoot Finance, Manappuram Finance, Muthoot Fincorp, IIFL Finance, Shriram Finance, State Bank of India (SBI), UCO Bank (Headquartered in Kolkata), Punjab National Bank (PNB) (absorbed United Bank of India).
| Gold Weight | Gold Value (22K) | Max Loan (75% LTV) |
|---|
| 10g | ₹1,37,400 | ₹1,03,050 |
| 20g | ₹2,74,800 | ₹2,06,100 |
| 50g | ₹6,87,000 | ₹5,15,250 |
| 100g | ₹13,74,000 | ₹10,30,500 |
Gold Demand in West Bengal
- Demand Level: High
- Capital: Kolkata
- Type: State
- Cities Covered: 40 cities
Tax on Gold Purchase in West Bengal
- GST: 3% on gold jewellery, coins, and bars purchased in West Bengal
- 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 West Bengal
- Physical Gold: Buy 22K/24K gold coins and gold bars from Tanishq, MMTC-PAMP, or Senco Gold in West Bengal. 916 gold jewellery is the most popular.
- Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + tax-free maturity.
- Gold ETFs: Trade on NSE/BSE like shares. No storage hassle. Top picks: Nippon Gold ETF, SBI Gold ETF.
- Digital Gold: Buy from ₹1 via Google Pay, PhonePe, Paytm. Gold stored in insured vaults.
- Gold Mutual Funds: Invest via SIP using our SIP Calculator.
📚 Essential Gold Investment Guides
Read our expert guides to understand gold pricing, tax rules, and smart investment strategies.
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Read full guide ➔❓ Frequently Asked Questions — West Bengal
▸ Did gold price go up or down today in West Bengal?
Gold price increased by ₹16 per gram today in West Bengal. 24K is now ₹14,994/gram, 22K is ₹13,740/gram, 18K is ₹11,242/gram.
▸ What is today's gold rate in West Bengal?
Today's gold rate in West Bengal: 24K = ₹14,994/gram, 22K = ₹13,740/gram, 18K = ₹11,242/gram. 1 Bhari (ভরি) = ₹1,60,260.612.
▸ Why did gold price rise today in West Bengal?
Today gold rate increased by ₹15 per gram for 22K gold on 07 August 2026 (Friday). The rise in gold rate today was modest compared with Thursday's sharp move, but it came against a stronger global bullion backdrop.
Read full market analysis →▸ How is the gold rate decided in West Bengal?
The daily gold rate in West Bengal is set from the international LBMA gold price (London benchmark) converted to rupees at the live USD/INR exchange rate, plus India's import duty (currently ~15%) and 3% GST. The Indian Bullion & Jewellers Association (IBJA) then publishes a daily wholesale rate that jewellers in Kolkata and across West Bengal follow, adding only a 3–25% making charge and a tiny local margin. This is why rates are nearly identical across all 40 cities in West Bengal.
▸ Is gold rate same in all cities of West Bengal?
Gold rates are mostly uniform across West Bengal with minor variations (₹0-100/gram) based on local demand, octroi, transport costs, and dealer margins.
▸ What is 1 Bhari (ভরি) gold price in West Bengal?▼
1 Bhari (ভরি) is equal to 11.6638 grams of 24K gold. Today's 1 Bhari (ভরি) price in West Bengal is ₹1,74,887.017.
▸ Where to buy gold in West Bengal?▼
Top certified jewellers in $West Bengal: Senco Gold, PC Chandra Jewellers, Tanishq, Kalyan Jewellers. Always verify the BIS hallmark and scan the HUID number on the jewellery using the BIS Care app.
Learn how to verify BIS hallmark →▸ What is the making charge for gold in West Bengal?▼
Making charges in $West Bengal typically range from 8% to 20% of the gold rate at major showrooms like Tanishq, Kalyan Jewellers, and Malabar Gold. Plain designs (chains, bangles) attract 8-10%, while intricate hand-crafted temple jewellery attracts 15-20% making charges.
Full jewellery price calculation guide →▸ Is gold a good investment in West Bengal?▼
Yes, gold is a highly trusted asset and hedge against inflation in $West Bengal. Popular options include physical gold (jewellery, bars, coins), Digital Gold, Gold Mutual Funds, and
Sovereign Gold Bonds (SGBs) which offer a 2.5% annual interest rate plus tax-free capital gains.
▸ What is the difference between 22K and 24K gold?▼
24K (999) gold is 99.9% pure, primarily used for investment bars and coins — read our
999 gold guide. 22K (916) gold is 91.6% pure, alloyed with zinc or copper to make it strong enough for daily wear jewellery —
916 gold guide. For diamond jewellery, 18K (750) is preferred —
18K gold guide. For the full comparison, see
22K vs 24K →▸ What is today's 18K gold rate in West Bengal?▼
18K gold rate in $West Bengal today is ₹11,242/gram. 18K gold is 75% pure and is widely preferred for crafting diamond-studded and stone-studded jewellery due to its durability.
What is 18K gold? →▸ How to check gold purity in West Bengal?▼
Always look for the official BIS hallmark. It contains the BIS logo, purity grade (e.g., 916 for 22K, 750 for 18K), and a unique 6-digit alphanumeric Hallmark Unique Identification (HUID) code.
Full HUID verification guide →▸ What is 916 gold rate in West Bengal today?▼
916 gold (22K gold with 91.6% purity) is the standard jewellery grade in India. Today's 916 gold rate in $West Bengal is ₹13,740 per gram. 10 grams of 916 gold costs ₹1,37,400.
Full 916 gold guide → Verify 916 hallmark →▸ What is the gold coin and gold bar price in West Bengal?▼
24K gold coin (1g) costs ₹14,994 in West Bengal. A 10g gold bar costs ₹1,49,940. You can buy certified 24K gold bars and coins from Tanishq, MMTC-PAMP, or Malabar Gold.
▸ What is the GST on gold in West Bengal?▼
GST on gold is 3% on the value of gold, plus 5% GST on the making charges. For investment gold sold after 3 years, long-term capital gains tax of 20% with indexation applies.
▸ When is the best time to buy gold in West Bengal?▼
Auspicious occasions like Dhanteras, Akshaya Tritiya, Diwali, and regional wedding seasons see high retail demand in $West Bengal. For investment, buying systematically during market corrections is recommended.
Read 2026 gold price forecast & trends →▸ How many cities in West Bengal show gold rates?▼
WealthMinty tracks gold rates across 40 cities and municipalities in West Bengal. You can click on any city name above to view detailed local prices, graphs, and calculators.
▸ Is gold a good investment in 2026 in West Bengal?▼
▸ Where can I find accurate gold rate in West Bengal daily?▼
WealthMinty publishes indicative daily gold rates for West Bengal, covering 24K, 22K, and 18K prices across 40 cities. Rates are manually curated by our editorial team from public bullion market data, updated daily, with 1-month price history, gold weight calculator, and city-wise comparison.
View all India gold rates →▸ What is the gold rate trend this month in West Bengal?▼
Gold prices in West Bengal broadly track the national benchmark rate. You can view the detailed 30-day gold rate history chart above to see daily price movements. Current 24K rate: ₹14,994/gram, 22K rate: ₹13,740/gram.
Read gold rate trend analysis →▸ How much gold can I buy for ₹1 lakh in West Bengal?▼
At today's rate, ₹1,00,000 can buy 6.67 grams of 24K gold or 7.28 grams of 22K gold in West Bengal. For ₹50,000, you can buy 3.33g (24K) or 3.64g (22K). Note: making charges (3-25%) and 3% GST are additional.
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