Gold continues to hold a firm tone in India, with fresh rates showing an upward trend across all purities. Investors, collectors, and jewellery buyers are keeping a close eye on the market as prices reflect both global trends and domestic demand.
Current Gold Rates (October 14)
Here’s a quick snapshot of today’s gold prices across purities:
- 24K (999) – Rs 12,568 per 10 grams
- 22K – Rs 12,267 per 10 grams
- 20K – Rs 11,186 per 10 grams
- 18K – Rs 10,180 per 10 grams
- 14K – Rs 8,106 per 10 grams
For budgeting purposes, if you plan to buy 10 grams:
- 24K: Rs 1,25,680
- 22K: Rs 1,22,670
- 20K: Rs 1,11,860
- 18K: Rs 1,01,800
- 14K: Rs 81,060
These rates are provided by the India Bullion and Jewellers Association and exclude GST and making charges. Compared to yesterday, prices are higher by roughly 1.5%, extending the bullish trend from last week.
What Your Final Bill Includes
It’s important to note that the rates above are base gold prices. Your final purchase amount may vary depending on:
- Making charges: Adds to the cost of jewellery, especially for intricate designs.
- GST: Taxes applicable on both gold and making charges.
- Stone settings: Jewellery with diamonds, gemstones, or other ornaments will carry higher premiums.
For coins and bars (999 or 995 purity), premiums are usually lower, making them a better choice for pure investing.
Choosing the Right Purity
- 24K: Best for investment, coins, or bars. High purity, straightforward pricing.
- 22K: Ideal for daily-wear jewellery; balances durability with purity.
- 18K & 14K: Common in gemstone jewellery and affordable designs while maintaining the gold look.
City-wise Variations
Gold rates may slightly differ between cities due to logistics, store premiums, and local competition. Treat the above numbers as a benchmark and verify with your local jeweller before purchase.
Smart Buying Tips
- Insist on BIS hallmarking.
- Check that the invoice lists purity, weight, applied rate, making charges, and taxes.
- Understand the store’s buyback policy and any deductions.
- Keep certificates and packaging for coins and bars.
Bottom Line
Gold prices remain firm today across all purities. For investors and buyers, smart purchasing decisions, checking making charges, and selecting the right product type—coin, bar, or jewellery—can make a tangible difference. Staggering purchases and aligning them with your goals ensures you get the most value out of today’s rates.
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