Gold and silver prices in India are moving slightly today. In Kolkata, rates have shifted a bit due to changing global market trends and local buying patterns.
If you are planning to invest in gold or shopping for the upcoming festive and wedding seasons, keeping an eye on daily rates is always a good idea. Understanding the price difference between 24K, 22K, and 18K gold—as well as silver—helps you get the best deal.
Here is a simple breakdown of today’s gold and silver rates in Kolkata, how other major Indian cities compare, and what is driving these prices today.
Kolkata Gold and Silver Price Overview: Purity Breakdown
In Kolkata, gold prices have recorded a minor drop of ₹1 per gram across all major purities compared to previous trading benchmarks.
24 Karat Gold (99.9% Purity)
24K gold is the purest form available in the market, making it the primary choice for digital gold, minted gold bars, and bullion coins.
Price Per Gram: ₹14,350 (Down by ₹1)
Price Per 10 Grams: ₹1,43,500 (Down by ₹10)
Price Per 100 Grams: ₹14,35,000 (Down by ₹100)
22 Karat Gold (91.6% Purity)
22K gold, commonly known as 916 gold, contains 91.6% pure gold blended with durable alloys like copper or silver. It is the standard benchmark used for traditional retail jewelry across India.
Price Per Gram: ₹13,154 (Down by ₹1)
Price Per 10 Grams: ₹1,31,540 (Down by ₹10)
Price Per 100 Grams: ₹13,15,400 (Down by ₹100)
18 Karat Gold (75.0% Purity)
18K gold features 75% gold content, offering higher structural strength and durability. It is widely favored for studded, diamond, and modern lightweight daily wear jewelry.
Price Per Gram: ₹10,762 (Down by ₹1)
Price Per 10 Grams: ₹1,07,620 (Down by ₹10)
Price Per 100 Grams: ₹10,76,200 (Down by ₹100)
Kolkata Silver Market Overview: Daily Rate Shifts & Trend Analysis
Silver rates in Kolkata tend to move in tandem with gold movements. When gold experiences momentum, silver follows suit due to similar safe-haven sentiment and industrial demand drivers.
Over the last few months, international gains have pushed silver higher, resulting in steady year-to-date gains between 5% and 7% in local markets. Today’s local prices in Kolkata show a minor drop:
Silver Rate Per Gram: ₹234.80 (Down by ₹0.10)
Silver Rate Per 10 Grams: ₹2,348.00 (Down by ₹1.00)
Silver Rate Per Kilogram (1000g): ₹2,34,800 (Down by ₹100)
State-Wise and Major Metro City Bullion Market Analysis
Precious metal rates vary across different Indian states and metropolitan cities due to localized transportation expenses, regional jewelers’ association fixes, octroi/entry taxes, and local consumer demand cycles. Below is a state-by-state look at precious metal price distributions across India’s leading economic centers.
Detailed Metropolitan Comparison Table
| State / City | 24K Gold Rate (Per 10g) | 22K Gold Rate (Per 10g) | 18K Gold Rate (Per 10g) | Silver Rate (Per Kg) |
| West Bengal (Kolkata) | ₹1,43,500 | ₹1,31,540 | ₹1,07,620 | ₹2,34,800 |
| Maharashtra (Mumbai) | ₹1,42,530 | ₹1,30,653 | ₹1,06,890 | ₹2,17,760 |
| Delhi (National Capital Region) | ₹1,42,280 | ₹1,30,423 | ₹1,06,700 | ₹2,17,390 |
| Tamil Nadu (Chennai) | ₹1,42,940 | ₹1,31,028 | ₹1,07,200 | ₹2,18,390 |
| Karnataka (Bengaluru) | ₹1,42,640 | ₹1,30,753 | ₹1,06,980 | ₹2,17,930 |
| Telangana (Hyderabad) | ₹1,42,760 | ₹1,30,863 | ₹1,07,070 | ₹2,18,110 |
Regional State Breakdown: Market Performance & Consumer Trends
1. West Bengal (Kolkata Focus)
West Bengal remains a cornerstone for artistic handcrafted gold jewelry and bullion trading in Eastern India. Kolkata’s price for 24K gold stands at ₹14,350 per gram, positioning it slightly above western markets like Mumbai due to regional supply logistics and custom craft demand.
2. Maharashtra (Mumbai Market Hub)
Mumbai serves as the entry point for India’s wholesale bullion imports. Rates here closely replicate Spot COMEX and MCX futures movements. 24K gold in Mumbai trades at ₹1,42,530 per 10g, making it one of the most competitive markets in Western India.
3. Delhi & National Capital Region (NCR)
Delhi records competitive gold prices owing to high volumes of institutional trading houses and large-scale wholesale distributors. The 24K gold rate stands at ₹14,228 per gram, making Delhi among the most affordable major metro markets today.
4. Tamil Nadu (Chennai Market Dynamics)
Southern states account for a significant portion of national gold consumption. Chennai consistently reports elevated rates for gold and silver compared to northern counterparts due to regional premium additions, handling fees, and heavy retail volume demand. 24K gold in Chennai is priced at ₹1,42,940 per 10g.
5. Karnataka & Telangana (Bengaluru & Hyderabad Hubs)
Bengaluru and Hyderabad demonstrate steady consumer demand driven by urban retail investment alongside festive wedding purchases. Both tech-hub states maintain near-identical pricing structures, with 24K gold hovering between ₹1,42,640 and ₹1,42,760 per 10 grams.
Macro Factors Driving Gold and Silver Rates in India
Understanding why precious metals fluctuate helps buyers determine optimal entry points. The primary drivers include:
International Foreign Exchange (INR vs USD): Because India imports a vast majority of its gold and silver supply, any weakness in the Indian Rupee against the US Dollar increases the domestic landing cost of bullion.
Global Central Bank Policies: Interest rate stances adopted by global central banks, such as the US Federal Reserve, significantly impact spot market gold prices. Lower yield environments historically encourage investment flows into non-yielding physical gold.
Geopolitical Uncertainty & Inflation Hedging: Geopolitical friction drives institutional investors toward physical assets, reinforcing gold’s status as a traditional safe-haven asset.
Import Tariffs and Taxes: Retail gold and silver prices in India are inclusive of basic customs duties, statutory import levies, and a standard 3% Goods and Services Tax (GST) applied at the retail point of sale, along with jeweler-specific making charges.
Smart Buyer’s Guide: 24K vs 22K vs 18K Gold Comparison
Selecting the appropriate gold purity depends on whether the purchase is intended for investment or personal consumption.
24K Gold: Ideal for capital preservation, minting, and wealth storage. It is too soft for daily intricate jewelry making.
22K Gold: Offers a balance of purity and strength, making it the preferred standard for traditional Indian ornaments.
18K Gold: Provides high resistance to wear and scratching. It is ideal for contemporary diamond-set rings, chains, and designer pieces.
Key Takeaway for Retail Consumers & Investors
While short-term dips like today’s ₹1 per gram drop in Kolkata reflect routine market consolidation, physical precious metals maintain a strong long-term role as a hedge against inflation and economic volatility.
Consumers planning retail purchases are advised to:
Verify BIS Hallmark certifications (including the 6-digit HUID code) on all physical purchases.
Use online Gold Rate Calculators to determine exact final billing amounts inclusive of GST and local making charges.
Monitor daily market trends across states before finalizing high-value jewelry transactions.
Disclaimer: We collect these market rates from different news channels and local trade updates just to share information. Please do not take this as financial or investment advice. Gold and silver prices change fast every day because of market shifts and local tax rules. We strictly recommend checking the live current rates in your city and talking to a financial expert before buying anything.