Gold and Silver Price Today markets in Kolkata and in cities across India had small increases on Friday, September 25 2026. Because of economic signals from other countries changes in government plans and more need for gold before the holiday shopping season valuable metals are still worth a lot of money.
Here is a full financial analysis and detailed blog article about the changes in the bullion market in Kolkata price differences, between states costs to make jewelry, taxes and what people think the market will do next.
Kolkata Gold and Silver Price Market Overview (September 25, 2026)
In Kolkata, gold prices witnessed an upward shift of ₹12 to ₹16 per gram across all major purity levels compared to previous sessions. Concurrently, industrial demand and global spot market stability have kept silver firm at ₹245 per gram.
Gold Price Rates in Kolkata (Per Gram)
24 Karat (99.9% Purity): ₹15,284 per gram (+₹16 rise)
22 Karat (91.6% Purity): ₹14,010 per gram (+₹15 rise)
18 Karat (75.0% Purity): ₹11,463 per gram (+₹12 rise)
Silver Price Rates in Kolkata
Silver Price per Gram: ₹245 per gram
Silver Price per Kilogram: ₹2,45,000 per kg
State-Wise & City-Wise Gold & Silver Price Breakdown
Local levies, transportation charges, and state-level Octroi/VAT variations cause minor price differences across major states and capital cities in India.
| State / City | 24K Gold (per 10g) | 22K Gold (per 10g) | 18K Gold (per 10g) | Silver (per kg) |
| West Bengal (Kolkata) | ₹1,52,840 | ₹1,40,100 | ₹1,14,630 | ₹2,45,000 |
| Maharashtra (Mumbai) | ₹1,52,840 | ₹1,40,100 | ₹1,14,630 | ₹2,45,000 |
| Delhi (New Delhi) | ₹1,52,990 | ₹1,40,250 | ₹1,14,780 | ₹2,45,500 |
| Tamil Nadu (Chennai) | ₹1,52,840 | ₹1,40,100 | ₹1,17,800 | ₹2,48,000 |
| Karnataka (Bengaluru) | ₹1,52,840 | ₹1,40,100 | ₹1,14,630 | ₹2,45,000 |
| Telangana (Hyderabad) | ₹1,52,840 | ₹1,40,100 | ₹1,14,630 | ₹2,48,000 |
| Gujarat (Ahmedabad) | ₹1,52,890 | ₹1,40,150 | ₹1,14,680 | ₹2,45,000 |
| Bihar (Patna) | ₹1,52,890 | ₹1,40,150 | ₹1,14,650 | ₹2,45,000 |
Key Factors Driving Gold & Silver Price Movements
Global Interest Rate Environment: Central bank policy stances and global interest rate trajectories play a decisive role in non-yielding bullion assets.
Import Duties & Taxation: India’s domestic retail prices account for basic custom duties, agriculture infrastructure development cess (AIDC), and a standardized 3% Goods and Services Tax (GST).
Currency Fluctuations (USD/INR): Because bullion is internationally benchmarked in US Dollars, any movement in the Rupee against the Dollar impacts landed costs in domestic Indian markets.
Industrial Demand for Silver: Silver’s utility in renewable energy (solar photovoltaic cells) and electronics manufacturing has driven a sustained multi-month rally in silver prices.
Understanding the True Cost: Taxes, Making Charges, and Wastage
When purchasing physical gold jewelry in India, the price per gram listed on ticker boards represents only the base bullion rate. Retail buyers incur additional costs before arriving at the final invoice amount:
Base Rate: The spot price of metal purity (24K, 22K, or 18K).
Making Charges: Jeweler operational and labor costs, typically ranging from 10% to 25% depending on design complexity.
Wastage Charges: Additional percentage (2% to 5%) applied for traditional hand-crafted jewelry.
GST (Goods and Services Tax): A flat 3% GST charged on the combined sum of (Base Metal Cost + Making Charges).
Hallmarking Fee: Nominal fixed charge (approx. ₹35 – ₹45 per piece + GST) for BIS hallmark certification.
Smart Investor Guidelines for Buying Bullion
Verify BIS Hallmarking: Ensure all 22K and 18K jewelry pieces carry the official 6-digit HUID (Hallmark Unique Identification) stamp alongside the BIS logo.
Compare Making Charges: Retail jewellers frequently run promotional discounts on making charges during major festive seasons.
Consider Digital Alternatives: Investors seeking pure capital appreciation without making-charge erosion may consider Sovereign Gold Bonds (SGBs), Gold ETFs, or Digital
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.