India · Ahmedabad · 31 May 2026 · Market closed (weekend)
Computed for Ahmedabad
| Purity | 8 g | 10 g | 100 g |
|---|---|---|---|
24K999 fine | ₹1,25,293.38 | ₹1,56,616.73 | ₹15,66,167.26 |
22K916 hallmark | ₹1,14,852.68 | ₹1,43,565.85 | ₹14,35,658.54 |
18K750 hallmark | ₹93,970.04 | ₹1,17,462.54 | ₹11,74,625.45 |
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Difference is vs. previous trading day
| Date | 24K | 22K |
|---|---|---|
31 May 2026 Sunday | ₹15,661.67(-58.03) | ₹14,356.59(-53.20) |
30 May 2026 Saturday | ₹15,719.70(-60.06) | ₹14,409.78(-55.06) |
29 May 2026 Friday | ₹15,779.76(+158.16) | ₹14,464.84(+144.98) |
28 May 2026 Thursday | ₹15,621.61(-223.22) | ₹14,319.86(-204.62) |
27 May 2026 Wednesday | ₹15,844.83(-60.06) | ₹14,524.48(-55.06) |
26 May 2026 Tuesday | ₹15,904.89(-49.05) | ₹14,579.53(-44.96) |
25 May 2026 Monday | ₹15,953.94(+32.03) | ₹14,624.50(+29.36) |
24K · INR per gram · Ahmedabad · always shows latest, independent of selected date
Same IBJA base · local premium applied
The gold rate in Ahmedabad on 31 May 2026 stands at ₹15,661.67 per gram for 24K (999 fine), ₹14,356.59 per gram for 22K (916 hallmark — the standard for Indian jewellery), and ₹11,746.25 per gram for 18K (750 hallmark). The rate is derived from the IBJA national fix and adjusted for Ahmedabad’s local premium of 0.10%.
Like all Indian cities, Ahmedabad retailers use the IBJA reference twice a day (12:00 and 17:00 IST) as the base for their displayed rate. The small per-city spread reflects local transport, financing and dealer margins — it rarely exceeds 1% of the national base.
Ahmedabad is Gujarat's largest gold market and trades at a slim premium over the base, helped by the state's deep trading culture that keeps dealer margins thin. Gujarat is among the highest gold-consuming states in the country.
Manek Chowk in the old city is Ahmedabad's signature market — a bustling jewellery and bullion bazaar by day that famously transforms into a street-food hub at night.
Indian gold rates are anchored to the international spot price quoted in USD on the London Bullion Market and COMEX. That base is converted to INR using the daily exchange rate, with import duty (currently 6%) and GST (3%) layered on top. The Indian Bullion and Jewellers Association publishes a domestic fix twice each business day that most retail jewellers and banks use as their reference.
The headline drivers are the dollar index, real US interest rates, central-bank gold buying (notably China and India), and physical demand around the Diwali, wedding and Chinese New Year seasons. Geopolitical events tend to add a short-lived safe-haven premium that fades within days.
24K (999 fine) is pure gold — used for coins, bars and digital gold. It preserves the full metal value at the IBJA rate but is too soft for daily-wear jewellery.
22K (916 hallmark) is 91.6% gold alloyed for hardness. It is the Indian jewellery standard, used in almost all hallmarked rings, chains and bangles.
18K (750 hallmark) is 75% gold and is preferred for diamond and gemstone settings because it holds prongs more securely. It is the standard for branded designer jewellery.
Today's 24K gold rate in Ahmedabad is ₹15,661.67 per gram and 22K is ₹14,356.59 per gram.
24K is 99.9% pure gold (also called 999 fine) and is used for coins and bars. 22K is 91.6% pure (the 916 hallmark) and is the standard for Indian jewellery because pure 24K is too soft to hold a setting. 18K is 75% pure (750 hallmark) and is preferred for diamond and gemstone jewellery for its added strength.
Indian gold rates move with the international spot price (set in USD on the London and COMEX markets), the USD-to-INR exchange rate, import duty, GST, and daily demand from jewellers and bullion banks. The Indian Bullion and Jewellers Association (IBJA) publishes a fix twice each business day that most domestic retailers use as a reference.
The BIS (Bureau of Indian Standards) hallmark is a six-digit alphanumeric code stamped on jewellery to certify its purity. A 916 stamp confirms 22K, 750 confirms 18K, and 999 confirms 24K. Since April 2023, BIS hallmarking is mandatory for gold jewellery sold in India.
No. Each city applies a small local premium on top of the IBJA reference price to cover transport, financing, and dealer margins. Chennai is historically the highest by a small margin; Mumbai, Bangalore and Hyderabad are typically closest to the national base.
No. The rate on this page is the metal value per gram only. Jewellery purchases also attract wastage (typically 5–12%), making charges (8–25%) and GST (3% on gold value, 5% on making). Use the bill verification calculator to itemise a complete jeweller's bill.
For pure investment, 24K coins or bars (or digital gold) preserve the full metal value and are easier to liquidate at the IBJA rate. 22K is meant for jewellery; resale value usually deducts wastage and making charges, so it is a less efficient investment vehicle.
Gujarat's strong, competitive trading culture and high volumes keep local dealer margins thin, so Ahmedabad trades only a fraction of a percent above the national base. The underlying IBJA rate is the same as everywhere else.
Manek Chowk in the walled city is the historic jewellery and bullion market. Look for the BIS hallmark and HUID on every piece, and use the bill calculator to verify wastage and making charges before you pay.
