What is the IBJA gold rate?

It is India's official gold benchmark. The India Bullion and Jewellers Association polls the country's real bullion dealers twice every business day, averages their quotes, and publishes the result for 999 (24K) gold. It is the rate the Reserve Bank of India uses to price and redeem Sovereign Gold Bonds.

What is the full form of IBJA?

IBJA stands for the India Bullion and Jewellers Association.

Is IBJA a government or a private body?

IBJA is a private industry association, not a government department. But its rate is used by the government's own central bank — the RBI prices Sovereign Gold Bonds on IBJA's 999 closing rate — which is why it works as India's official gold benchmark.

When is the IBJA rate published?

Twice every business day: around 12:05 PM and again around 5:05 PM IST. There is no rate on Saturdays, Sundays or public holidays, because the bullion market is closed and there is nothing to poll.

Does the IBJA rate include GST?

No. The IBJA rate is the metal value only. It excludes the 3% GST on gold, the 5% GST on making charges, and the jeweller's own making charge — which is why your final bill at the shop is higher.

IBJA gold rate today

26 Jul 2026· India · 999 & 916, before GST

The IBJA rateis India’s official gold benchmark — the 999 price the India Bullion and Jewellers Association polls from real dealers twice a day, and the one the Reserve Bank uses to price Sovereign Gold Bonds. It is the exact number on this page, shown with its source and the time it was published.

IBJA 999 · 24K gold · per 10gसोना

₹1,43,780

per 10 grams · 999 (24K) fine · the rate IBJA publishes

22K (916) · 10g: ₹1,31,703; jewellery gold
24K · per gram: ₹14,378; 999 fine
22K · per gram: ₹13,170; 916

IBJANational benchmark·24 Jul 2026, 5:15 pm IST
Excludes 3% GST and the jeweller's making charges.

Rates are the metal value only — they exclude GST and the jeweller's making charges. For information, not investment advice. Confirm the live price with your jeweller before you buy.

Gold price trend

Gold 22K (916)per 10 g▲ ₹376 (0.29%)over 10 closes

13 Jul 2026Low ₹1,29,303·High ₹1,33,07724 Jul 2026

Our own archive of published closes, recorded since 13 Jul 2026. Gaps are weekends and holidays, when no rate is published. Metal value only — excludes GST and making charges.

Today’s IBJA rate, by purity

Purity	Per gram	Per 10 grams
24K (999 fine)	₹14,378.02	₹1,43,780
22K (916)	₹13,170.27	₹1,31,703

IBJA publishes the 999rate; 22K (916) is derived from it by fineness — the same arithmetic IBJA uses, so our 22K lands on IBJA’s own printed figure. We show exactly how we get the number.

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Why the IBJA rate is the one that counts

Anybody can put a gold price on a web page. IBJA is different because of who relies on it. The Reserve Bank of India uses IBJA’s 999 closing rate to set the price of Sovereign Gold Bonds and to pay you back when they mature, and the RBI’s gold-loan rules name IBJA as the reference for valuing pledged gold. Real, government money changes hands on this number.

The method is why it is hard to fudge: IBJA polls 29 physical bullion dealers, throws away the highest and lowest quotes, and averages the rest. The full story is in what is the IBJA rate.

When IBJA publishes — and when it doesn’t

Twice every business day: about 12:05 PM and 5:05 PM IST. There is no rate on weekends or public holidays — the bullion market is shut, so there is nothing to poll. When the market is closed we show the last published rate and the date it carries, and we say so plainly. An old number honestly labelled is useful; an old number dressed up as today’s is not.

IBJA gold rate — common questions

What is the IBJA gold rate?: It is India's official gold benchmark. The India Bullion and Jewellers Association polls the country's real bullion dealers twice every business day, averages their quotes, and publishes the result for 999 (24K) gold. It is the rate the Reserve Bank of India uses to price and redeem Sovereign Gold Bonds.
What is the full form of IBJA?: IBJA stands for the India Bullion and Jewellers Association.
Is IBJA a government or a private body?: IBJA is a private industry association, not a government department. But its rate is used by the government's own central bank — the RBI prices Sovereign Gold Bonds on IBJA's 999 closing rate — which is why it works as India's official gold benchmark.
When is the IBJA rate published?: Twice every business day: around 12:05 PM and again around 5:05 PM IST. There is no rate on Saturdays, Sundays or public holidays, because the bullion market is closed and there is nothing to poll.
Does the IBJA rate include GST?: No. The IBJA rate is the metal value only. It excludes the 3% GST on gold, the 5% GST on making charges, and the jeweller's own making charge — which is why your final bill at the shop is higher.

Rate published by India Bullion and Jewellers Association — the benchmark the Reserve Bank of India uses to price Sovereign Gold Bonds.

IBJA also publishes a silver rate. We do not have a licensed feed of it, so our silver rate comes from the MCX exchange instead — labelled as what it is, rather than quietly implied to be IBJA’s.

Want the same rate in the units people actually use? See it per tola, per pavan or per gram.