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Guides
Plain answers to the questions people actually ask before they buy gold. No jargon. No scare stories. Just how the price really works.
Short answer: yes, almost exactly. Gold is priced nationally. Here is why — and why so many websites still print a different number for every city.
Because the rate you read is the metal only. The bill adds making charges, GST and hallmarking. A full worked example, rupee by rupee.
It is India's gold benchmark — the one the RBI itself uses for Sovereign Gold Bonds. Who sets it, how, and at what time of day.
World price, plus a 15% import duty, polled from the physical market, then multiplied for purity. We build the number up layer by layer.
The gold rate is the same wherever you stand in India. What changes is the making charge— the jeweller’s labour, usually 8% to 25% of the metal value. That is the number to ask about, and the number to negotiate. Our price calculator shows you exactly what it costs you.