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Gold Rate Today in Kolkata
gold rate in Kolkata

24K Gold/ 10gm
₹67,410.00
+930(1.38%)
22K Gold/ 10gm
₹61,794.75
+852.53(1.16%)

Last updated on: 28th Mar 2024

Kolkata is India's third-largest metropolitan city, an industrial hub and home to over 14 million people. Kolkata has one of the highest GDPs among Indian cities and accounts for a high percentage of gold transactions in India.
Gold as jewellery and bullion (coins, bars, etc.) are among India's most traditional forms of investment. Over the years, other forms of gold, such as gold ETFs and bonds, have gained popularity. Investing in gold has evolved as an ideal and significant hedge against market volatility.

Gold Rate Comparison - 22K vs 24K

How is the Purity of Gold evaluated in Kolkata?
The Indian Bullion Association evaluates the purity of gold in Kolkata. The dealers of gold are required to incorporate their hallmark symbol of gold purity in their products. The price of gold in Kolkata is significantly influenced by the movements in the global stock market. Several international factors influence the buying powers of the gold importers and the general public of India.

Today's 22K & 24K Gold Rates Per Gram in Kolkata

24K
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GramYesterdayToday
1 gram
₹6,648.00
+32 (0.48%)
₹6,741.00
+93 (1.38%)
8 grams
₹53,184.00
+256 (0.48%)
₹53,928.00
+744 (1.38%)
10 grams
₹66,480.00
+320 (0.48%)
₹67,410.00
+930 (1.38%)
100 grams
₹6,64,800.00
+3200 (0.48%)
₹6,74,100.00
+9300 (1.38%)
GramYesterdayToday
1 gram
₹6,648.00
+32 (0.48%)
₹6,741.00
+93 (1.38%)
8 grams
₹53,184.00
+256 (0.48%)
₹53,928.00
+744 (1.38%)
10 grams
₹66,480.00
+320 (0.48%)
₹67,410.00
+930 (1.38%)
100 grams
₹6,64,800.00
+3200 (0.48%)
₹6,74,100.00
+9300 (1.38%)
Impact of GST on Gold Rate in Kolkata
Gold is taxable as a commodity under the Income Tax Act 1961. Earlier, gold was taxed at 12.2%, out of which 10% was import duty, 1% was excise duty, and the remaining 1.2% was the VAT component. But after the introduction of the Goods and Services Act on 1st July 2017, gold is taxed at a GST rate of 3% along with a 10% import duty. VAT and excise duty has been scrapped under GST Regime, 2017.
Further, a 5% making charge adds to the gold on the retail front shooting up the prices and making it costlier.

Historical Gold Rate in Kolkata for Last 10 Days

10 grams
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Day24K Gold22K Gold
28 Mar 2024
₹67,410.00
+930 (1.38%)
₹61,794.75
+852.53 (1.16%)
27 Mar 2024
₹66,480.00
+320 (0.48%)
₹60,942.22
+293.34 (0.40%)
26 Mar 2024
₹66,160.00
+180 (0.27%)
₹60,648.87
+165.01 (0.23%)
25 Mar 2024
₹65,980.00
-200 (0.30%)
₹60,483.87
-183.34 (0.25%)
22 Mar 2024
₹66,180.00
-60 (0.09%)
₹60,667.21
-55 (0.08%)
21 Mar 2024
₹66,240.00
+430 (0.65%)
₹60,722.21
+394.18 (0.55%)
20 Mar 2024
₹65,810.00
+170 (0.26%)
₹60,328.03
+155.84 (0.22%)
19 Mar 2024
₹65,640.00
-50 (0.08%)
₹60,172.19
-45.83 (0.06%)
18 Mar 2024
₹65,690.00
+70 (0.11%)
₹60,218.02
+64.17 (0.09%)
15 Mar 2024
₹65,620.00
-80 (0.12%)
₹60,153.85
-73.34 (0.10%)
Day24K Gold22K Gold
28 Mar 2024
₹67,410.00
+930 (1.38%)
₹61,794.75
+852.53 (1.16%)
27 Mar 2024
₹66,480.00
+320 (0.48%)
₹60,942.22
+293.34 (0.40%)
26 Mar 2024
₹66,160.00
+180 (0.27%)
₹60,648.87
+165.01 (0.23%)
25 Mar 2024
₹65,980.00
-200 (0.30%)
₹60,483.87
-183.34 (0.25%)
22 Mar 2024
₹66,180.00
-60 (0.09%)
₹60,667.21
-55 (0.08%)
21 Mar 2024
₹66,240.00
+430 (0.65%)
₹60,722.21
+394.18 (0.55%)
20 Mar 2024
₹65,810.00
+170 (0.26%)
₹60,328.03
+155.84 (0.22%)
19 Mar 2024
₹65,640.00
-50 (0.08%)
₹60,172.19
-45.83 (0.06%)
18 Mar 2024
₹65,690.00
+70 (0.11%)
₹60,218.02
+64.17 (0.09%)
15 Mar 2024
₹65,620.00
-80 (0.12%)
₹60,153.85
-73.34 (0.10%)
Day24K Gold22K Gold
28 Mar 2024
₹67,410.00
+930 (1.38%)
₹61,794.75
+852.53 (1.16%)
27 Mar 2024
₹66,480.00
+320 (0.48%)
₹60,942.22
+293.34 (0.40%)
26 Mar 2024
₹66,160.00
+180 (0.27%)
₹60,648.87
+165.01 (0.23%)
25 Mar 2024
₹65,980.00
-200 (0.30%)
₹60,483.87
-183.34 (0.25%)
22 Mar 2024
₹66,180.00
-60 (0.09%)
₹60,667.21
-55 (0.08%)
21 Mar 2024
₹66,240.00
+430 (0.65%)
₹60,722.21
+394.18 (0.55%)
20 Mar 2024
₹65,810.00
+170 (0.26%)
₹60,328.03
+155.84 (0.22%)
19 Mar 2024
₹65,640.00
-50 (0.08%)
₹60,172.19
-45.83 (0.06%)
18 Mar 2024
₹65,690.00
+70 (0.11%)
₹60,218.02
+64.17 (0.09%)
15 Mar 2024
₹65,620.00
-80 (0.12%)
₹60,153.85
-73.34 (0.10%)
Day24K Gold22K Gold
28 Mar 2024
₹67,410.00
+930 (1.38%)
₹61,794.75
+852.53 (1.16%)
27 Mar 2024
₹66,480.00
+320 (0.48%)
₹60,942.22
+293.34 (0.40%)
26 Mar 2024
₹66,160.00
+180 (0.27%)
₹60,648.87
+165.01 (0.23%)
25 Mar 2024
₹65,980.00
-200 (0.30%)
₹60,483.87
-183.34 (0.25%)
22 Mar 2024
₹66,180.00
-60 (0.09%)
₹60,667.21
-55 (0.08%)
21 Mar 2024
₹66,240.00
+430 (0.65%)
₹60,722.21
+394.18 (0.55%)
20 Mar 2024
₹65,810.00
+170 (0.26%)
₹60,328.03
+155.84 (0.22%)
19 Mar 2024
₹65,640.00
-50 (0.08%)
₹60,172.19
-45.83 (0.06%)
18 Mar 2024
₹65,690.00
+70 (0.11%)
₹60,218.02
+64.17 (0.09%)
15 Mar 2024
₹65,620.00
-80 (0.12%)
₹60,153.85
-73.34 (0.10%)
Impact of Central Bank Policies on Kolkata Gold Rate
Prices of gold are affected to an extent when the central bank (RBI) buys gold. If the central bank keeps buying gold, the demand will increase, pushing up gold prices. As the gold prices rise, the central bank might stop buying. Central bank policies tend to impact the prices of gold in India significantly.
Some Interesting Facts about Gold
Here are some interesting facts about gold: - Gold retains its hedge and buffers even during market fluctuations acting as an economic shock absorber during an unstable or falling economy. - Gold cannot be used as currency today. However, gold was used as money in ancient times and was the common currency for as long as 3,000 years. - Gold investments can never go bankrupt and serve as a significant inflation hedge. - Gold prices doubled in the last five years and quadrupled in a decade, even as most major currencies depreciated due to inflation. - Different types of elemental gold are based on their purity: 24K gold is pure gold, and 22K gold is 91.67% pure. In comparison, 18K and 14K gold are 75% and 58.8% pure, respectively, and 10K gold is 41.7% pure.
Frequently Asked Questions on Gold Price in Kolkata
Why do the prices of gold in Kolkata keep changing?
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The prices of gold in Kolkata are influenced by several factors, such as transportation charges, octroi charges, and state taxes, in addition to RBI's policies.
How many grams are present in 1 tola of gold?
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How are the rates of gold fixed in Kolkata?
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What are the alternatives to physical gold?
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When is the best time to invest in gold in Kolkata?
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sovereign gold bonds

Sovereign Gold Bond

2.5% p.a. + Gold price increase

  • RBI issued bonds
  • Best deals filtered for you
  • Tax exempted when held till maturity
Gold Rate Calculator

Location

Weight

Purity of Gold
Price

₹67,410 / 10gm

Last updated on: 28th Mar 2024

Disclaimer: Wint Wealth makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are subject to change with market value and are provided on an as-is basis. Wint Wealth has no commercial interest or gain in or from the actions resulting from the information displayed on this page. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. You are advised to make your own enquiries, consult a professional advisor and verify the information prior to taking any investment decisions. We accept no liability for any loss arising from the use of the data contained on this website.