Gold rate in Amritsar today
The 24K gold rate in Amritsar today is ₹ 122,665 per 10 grams, ₹ 12,267 per gram and ₹ 143,074 per tola. Rates on this page are recalculated throughout the trading day, so the figure you see is the one in force right now.
For jewellery buyers the more relevant grade is 22 karat, currently ₹ 112,443 per 10 grams. Twenty-one karat, common in Gulf-style designs, is ₹ 107,332, and 18 karat — the standard for diamond and stone settings — is ₹ 91,999. Twenty karat, occasionally quoted for lighter pieces, works out at ₹ 102,221 per 10 grams.
Silver in Amritsar is trading at ₹ 165.69 per 10 grams for 999 fine, or ₹ 5,154 per troy ounce.
The Amritsar gold market
Amritsar's gold trade is centred in the walled city near the Golden Temple and serves a wide catchment across Punjab. Traditional heavy work dominates, and demand is closely tied to the region's wedding calendar and agricultural income cycle.
Where Amritsar sits against the rest of India
Of the 101 India markets we price, Amritsar is currently the 34th cheapest . It sits ₹ 171 per 10 grams above Mumbai, the national floor. Kottayam, the dearest market, is a further ₹ 208 above here.
That gap is not a markup anyone chose. The metal costs the same everywhere on earth at any given second — what differs is the cost of getting a physical bar onto a counter in Amritsar: freight from the point of import, insurance in transit, security and storage, and how many dealers compete locally. The live national ranking shows every market side by side.
Buying gold in Amritsar
Punjab's wedding season concentrates buying into a few months, and both rates and making charges tighten accordingly. If timing allows, buying outside that window is one of the few reliable ways to improve the making charge in this market.
Whatever else you do, get four figures separately before agreeing anything: the metal rate for the exact karat you are buying, the making charge, the wastage percentage, and the tax. With those four, two shops become directly comparable. With a single all-in price, they cannot be — and a shop unwilling to break it down has told you something about the price.
One more local reference point: at current Amritsar rates a gram of 24K gold costs about 74× a gram of 999 silver. Silver rates for Amritsar are published in full.
Before you buy or sell in Amritsar
These cost people more money than the rate itself does, and each is worth two minutes:
- Two words decide the price here. 916 is the hallmark for 22 carat, and a pavan is 8 grams — get both straight before comparing shops.
- Making charges, not the gold rate, are what differ between shops. How they are calculated, and why a low charge with high wastage can cost more than the reverse.
- Check the karat before you check the price. What the stamps guarantee and which tests actually prove anything — the magnet test only works in one direction.
- Understand where the number comes from. The full chain from dollar spot to the board outside your jeweller, with today's live figures at each step.