Gold rate in Kolkata today
The 24K gold rate in Kolkata today is ₹ 134,260 per 10 grams, ₹ 13,426 per gram and ₹ 156,598 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 ₹ 123,072 per 10 grams. Twenty-one karat, common in Gulf-style designs, is ₹ 117,477, and 18 karat — the standard for diamond and stone settings — is ₹ 100,695. Twenty karat, occasionally quoted for lighter pieces, works out at ₹ 111,883 per 10 grams.
Silver in Kolkata is trading at ₹ 202.16 per 10 grams for 999 fine, or ₹ 6,288 per troy ounce.
The Kolkata gold market
Kolkata's gold trade around Bowbazar is built on craft rather than volume. Bengali goldsmiths supply fine handwork to jewellers across India, and a great deal of what is sold in other cities was made here. Local designs favour intricate, lighter work over the heavy sets that dominate the north and south.
Where Kolkata sits against the rest of India
Of the 101 India markets we price, Kolkata is currently the 28th cheapest . It sits ₹ 188 per 10 grams above Mumbai, the national floor. Kottayam, the dearest market, is a further ₹ 228 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 Kolkata: 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 Kolkata
Making charges in Kolkata reflect genuine hand labour rather than a markup convention, which makes them harder to negotiate but easier to justify. If you are buying intricate work, this is the market for it. If you are buying weight, you are paying for skill you do not need — plain pieces are better bought elsewhere.
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 Kolkata rates a gram of 24K gold costs about 66× a gram of 999 silver. Silver rates for Kolkata are published in full.
Before you buy or sell in Kolkata
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.