✍️ Gold Suresh's Note — 16 May 2026
Checked the rates this morning as usual. Today's 22K gold rate in India is ₹14,385 per gram, 24K is ₹15,693, and 18K is ₹11,770. I update this every morning after the IBJA publishes the daily benchmark so you have the number before you walk into any jewellery shop today.
If you are buying jewellery today, do not forget to add making charges and GST on top of these numbers. The rate you see here is just the metal cost. Use the calculator on the homepage to get your exact bill amount before you agree to anything at the counter.
— Gold Suresh 🙏
What Does Today's Gold Rate Mean If You Are Buying?
At ₹14,385 per gram for 22K gold today, a 10 gram gold chain will cost you roughly ₹1,43,850 in metal cost alone. Add a typical 12% making charge and 3% GST and your total comes to approximately ₹1,65,945 for a plain 10 gram chain.
For those buying 24K gold coins or bars for investment — today's rate is ₹15,693 per gram. A 5 gram coin will cost you around ₹78,465 plus GST.
18K gold, used mainly for diamond and studded jewellery, is at ₹11,770 per gram today.
City-Wise Gold Rate Table — 16 May 2026
Rates vary slightly by city because local jewellers associations adjust the national IBJA benchmark for local transportation and demand.