Gold rate in Surat today
The 24K gold rate in Surat today is ₹ 134,153 per 10 grams, ₹ 13,415 per gram and ₹ 156,473 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 ₹ 122,973 per 10 grams. Twenty-one karat, common in Gulf-style designs, is ₹ 117,383, and 18 karat — the standard for diamond and stone settings — is ₹ 100,614. Twenty karat, occasionally quoted for lighter pieces, works out at ₹ 111,794 per 10 grams.
Silver in Surat is trading at ₹ 202.00 per 10 grams for 999 fine, or ₹ 6,283 per troy ounce.
The Surat gold market
Surat cuts and polishes the overwhelming majority of the world's diamonds, and its gold trade largely exists to mount them. That gives the market an unusual character — the gold rate matters less to the average transaction here than the stone does, and jewellery is more often commissioned than bought off a shelf.
Where Surat sits against the rest of India
Of the 101 India markets we price, Surat is currently the 6th cheapest . It sits ₹ 80 per 10 grams above Mumbai, the national floor. Kottayam, the dearest market, is a further ₹ 335 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 Surat: 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 Surat
For plain gold, Surat offers no particular advantage over Ahmedabad or Mumbai. For diamond-set work it is unmatched in India, and buying at source removes a layer of margin. As everywhere with stone-set pieces, get the gold weight recorded separately.
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 Surat rates a gram of 24K gold costs about 66× a gram of 999 silver. Silver rates for Surat are published in full.
Before you buy or sell in Surat
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.