Kolkata Gold Rate — All Weights
24K today · Excludes GST & making charges
| Weight | 24K Rate | Change |
|---|
Kolkata vs Other Cities
22K gold per 10 grams
| City | 22K / 10g | vs Kolkata |
|---|---|---|
| Chennai | ₹138,290 | ▲ ₹1,640 |
| Mumbai | ₹136,650 | — |
| Delhi | ₹136,650 | — |
| Bangalore | ₹136,650 | — |
| Hyderabad | ₹136,710 | ▲ ₹60 |
| Kolkata You are here | ₹136,650 | — |
| Kochi | ₹138,420 | ▲ ₹1,770 |
| Pune | ₹136,650 | — |
| Ahmedabad | ₹136,650 | — |
| Jaipur | ₹136,650 | — |
Frequently Asked Questions
Gold Rate in Kolkata Today — Everything You Need to Know
The gold rate in Kolkata today is updated twice daily from the IBJA (IBJA) benchmark. Kolkata, located in West Bengal, is one of India's most active gold markets with strong buying activity across all seasons. Whether you are buying gold jewellery, investing in gold coins, or simply tracking prices before a purchase, BullionRush.in gives you the most up-to-date Kolkata gold rate across all karats — 24K (99.9% pure), 22K (91.6% pure) and 18K (75% pure).
Why is Kolkata's Gold Rate What It Is?
Kolkata follows the national IBJA benchmark. West Bengal has one of the strongest gold consumption cultures in India — the state accounts for a significant share of India's total gold demand. Kolkata's gold market, centred around Bowbazar and Jorasanko, is one of India's oldest. Durga Puja and Bengali weddings drive massive seasonal gold buying.
How to Buy Gold in Kolkata — Tips & Advice
Bowbazar Street in central Kolkata is the city's historic gold jewellery hub, with hundreds of small and medium jewellers. Jorasanko and Burrabazar are also major trading areas. Bengali jewellery has distinct styles — look for traditional gold work like gold filigree (tarkashi) unique to West Bengal. For investment gold, MMTC and government-authorised dealers are recommended.
Kolkata Gold Market — Local Context
Kolkata's gold market is deeply intertwined with Bengali culture. Gold is not just an investment but a cultural necessity — no Bengali wedding is complete without substantial gold gifting. The Bengal National Chamber of Commerce tracks gold prices locally. Kolkata also has a significant jewellery manufacturing industry, with artisans producing intricate gold work exported across India.
Understanding the Kolkata Gold Rate
The gold price in Kolkata (like all Indian cities) is influenced by three primary factors:
- International spot price: The LBMA London gold fix sets the global benchmark in USD per troy ounce. This is the starting point for all Indian gold prices.
- USD/INR exchange rate: As India imports almost all its gold, the rupee-dollar rate directly impacts how much you pay. A weaker rupee means higher gold prices in India.
- Import duty + local levies: India charges 15% import duty and 5% AIDC on gold imports. Combined with state VAT and the IBJA association premium, this produces the Kolkata retail gold rate you see on this page.
22K vs 24K Gold — Which Should You Buy in Kolkata?
24K gold (99.9% pure) is the purest form and ideal for investment — gold coins, bars and ETFs. It is too soft for everyday jewellery. Most banks and mints sell 24K gold coins. The price shown per gram for 24K is the true "metal value" with no alloy discount.
22K gold (91.6% pure) is what most Indian jewellery is made from. The 8.4% alloy (usually silver and copper) makes it durable enough for daily wear. When you buy a necklace or bangles in Kolkata, it is almost certainly 22K. The 22K rate per 10 grams is the number most Kolkata jewellery buyers track.
18K gold (75% pure) is used primarily for diamond-set jewellery and other gem-set pieces. Its lower gold content makes it more affordable and the alloy base holds gemstones better.
Gold Calculator for Kolkata — How to Use It
The gold calculator on this page helps you estimate the total cost of buying gold jewellery in Kolkata. Here's how to use it:
- Enter the weight in grams (ask your jeweller for the piece weight before purchase)
- Select the purity — 22K for standard jewellery, 24K for coins/bars
- Enter making charges (typically 10–14% for Kolkata jewellers)
- The calculator adds 3% GST and shows the total estimated cost
Note: The actual price may vary slightly as jewellers may round differently and some charge wastage separately.
Sovereign Gold Bonds (SGB) — A Tax-Smart Alternative
If you are buying gold for investment purposes in Kolkata, Sovereign Gold Bonds issued by the RBI offer a compelling alternative to physical gold. SGBs pay 2.5% annual interest (which physical gold does not), and capital gains are completely tax-exempt if held to maturity (8 years). The issue price is typically set at a small discount to the IBJA rate. SGBs are available through banks, post offices, and online via NSE/BSE during RBI issue windows.