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Gold Rate Today in Indore

Check today's gold rate in Indore for 22K, 24K, and 18K gold with live prices per gram and per 10 grams. Stay updated with daily gold price trends and market movements with Bajaj Finance.
Gold Rate Today
22k Gold / 10 gm 
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Key takeaways

  • Gold price today in Indore can change with global rates, rupee movements, inflation, and taxes.
  • 24K gold offers higher purity, while 22K and 18K suit different jewellery needs.
  • IBJA benchmarks and MCX trends help reflect wider gold market movements.
  • Buyers should check BIS hallmarking, purity, making charges, and the final invoice.
  • Gold value also plays a role in deciding the eligible amount for a gold loan.

How is gold price calculated in Indore?

Gold prices in Indore depend on both Indian and global market factors. Benchmark rates, currency changes, taxes, and trading activity all help decide the final price.


  • IBJA rates: IBJA publishes reference gold prices used by jewellers, lenders, and financial institutions.
  • MCX trends: Gold trading on MCX shows current market activity and price expectations.
  • Global gold prices: Changes in international gold rates can affect prices in Indore.
  • Taxes and duties: Import duty, GST, and other charges are added to the final gold price.

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Historical gold rate in Indore and how have they changed in recent years

Gold rates in Indore have changed over the years along with wider price trends in India. Short-term rates may move due to demand, currency changes, and global events. Over the long term, gold prices have generally shown an upward trend.

YearPrice 24 carat per 10 grams
2025Rs. 1,05,000 to Rs. 1,30,000
2024Rs. 77,913.00
2023Rs. 65,330.00
2022Rs. 52,670.00
2021Rs. 48,720.00
2020Rs. 48,651.00
2019Rs. 35,220.00
2018Rs. 31,438.00
2017Rs. 29,667.50
2016Rs. 22,543.00

As gold prices in Indore continue to shift with global movements, staying informed can give you an advantage. Check your gold loan eligibility today and find out how much you can borrow.

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Key factors affecting gold rates in Indore

The method used to calculate gold prices stays the same every day. However, the factors that influence the calculation keep changing. As these factors shift, the gold rate in Indore moves up or down.

  • International gold prices: Global gold prices have the biggest impact on local rates. If prices rise in the international market, gold rates in Indore usually follow.
  • USD-INR exchange rate: Gold is imported into India and traded in US dollars. When the Indian rupee weakens against the dollar, gold becomes more expensive, even if global prices stay the same.
  • RBI policy: The Reserve Bank of India's interest rate decisions affect investment behaviour. Lower interest rates can increase demand for gold, while higher rates may reduce its appeal.
  • Local demand: Gold demand typically rises during weddings and festivals. Higher demand in Indore and across Madhya Pradesh can cause small price differences between jewellers.
  • Global market sentiment: During economic uncertainty or geopolitical tensions, investors often buy gold as a safe-haven asset, pushing prices higher. When markets stabilise, prices may soften.

Your gold could help you meet your financial needs. Check your gold loan eligibility and get an instant estimate based on your jewellery.



What is the difference between 18K, 22K, and 24K gold?

The karat value tells you how much pure gold a piece contains. Higher karats mean more gold.

  • 18K gold is 75% pure gold. The remaining 25% is other metals, which make it harder and more suitable for daily wear.
  • 22K gold is 91.6% pure gold. It is the most popular choice for traditional jewellery in Kolhapur because it balances purity with durability.
  • 24K gold is 99.9% pure gold. It is too soft for jewellery but ideal for investment in gold coins and bars.

Parameter18K Gold22K Gold24K Gold
Purity75%91.6%99.9%
StrengthHighestHighLower
Common UseDiamond jewellery and daily wear jewelleryTraditional jewelleryInvestment bars and coins
PriceLowestHigherHighest

How to check gold purity in Indore

Before buying or pledging gold in Indore, it is important to verify its purity. Here are the most reliable methods:

  • BIS Hallmark: The BIS hallmark confirms that the gold has been tested and certified. It includes the purity grade, hallmarking centre code, and the jeweller's identification mark. Always look for this when buying.
  • Acid test: A professional applies nitric acid to a small gold sample to check purity through the resulting chemical reaction.
  • X-ray fluorescence (XRF): A precise, non-destructive test that reads the gold's exact composition using X-rays. Widely used by lenders and certified assayers.
  • Electronic gold tester: Measures electrical conductivity to give a quick karat reading.
  • Assay testing: A certified assayer melts the gold sample to measure purity with high accuracy.
  • Density testing: Compares gold density against the known density of pure gold to estimate purity.

For the most accurate results, always consult a certified jeweller or professional assayer in Indore. Have gold at home? Find out how much you can borrow. Check your gold loan eligibility in just a few steps.


How can you calculate the value of your gold?

You can estimate the current value of your gold using three simple details: gold weight, gold purity, and today's gold rate per gram.


Formula


Gold Value = Gold Weight × Gold Rate per Gram


Example: If you own 50 grams of 22K gold and today's rate is Rs. 12,826 per gram:


50 × Rs. 12,826 = Rs. 6,41,300


This gives the approximate market value of your gold. The final amount offered for a gold loan depends on the applicable LTV ratio, gold purity, and the lender's valuation process.


Now that you know what your gold is worth, find out how much you can borrow. Check your gold loan eligibility online.



How do gold rates in Indore influence gold investments?

Gold prices directly affect the value of all gold-linked investments. When gold prices rise, the value of physical gold, Gold ETFs, and Sovereign Gold Bonds increases. When prices fall, their value declines accordingly. Although each investment type works differently, all are tied to the underlying movement in gold prices. Keeping track of the gold rate in Indore helps you time your investment decisions more effectively.


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How does the gold price in Indore affect your gold loan amount?

The gold price in Indore can affect how much you may borrow against your gold. Lenders assess the gold at its current value, not at the price you paid when you bought it. If the applicable gold value rises, the same gold may support a higher loan amount. If it falls, the eligible amount may be lower.


What decides your eligible loan amount?


Your gold loan amount depends on:

  • Weight of the gold 
  • Purity of the gold 
  • Applicable gold price 
  • Loan-to-Value (LTV) ratio 

Only the gold content is counted during valuation. Stones, enamel, beads, and other non-gold parts are not included. Lenders also do not simply use today's headline rate. They use whichever is lower between the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange. This protects you from a sudden price spike inflating things unrealistically and protects the lender from the opposite.


Please note, the maximum LTV eligible for a loan depends on the loan amount and cannot be more than the limits given. To know more, click here.

 

Gold loan basics — what you should know before applying


If you are considering to apply for a gold loan in Indore, here are the essential details to know before you apply. With Bajaj Finance, you can borrow from Rs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, or gold coins. The gold loan interest rate starts from 9.50% per annum.

Jewellery and ornaments are accepted between 18-22 purity. Gold coins are accepted up to 24 karat purity. Your gold is stored in secured vaults with insurance cover for the entire loan duration. 


Before applying for a gold loan in Indore, keep these points in mind:

  • Your loan amount depends on the weight, purity, and assessed value of the gold you pledge.
  • Bajaj Finance uses the lower of the previous day’s closing rate or the 30-day average closing rate published by IBJA or a SEBI-regulated commodity exchange.
  • You need only one valid KYC document, such as Aadhaar, Voter ID, passport, driving licence, NREGA job card, or an NPR letter.
  • Interest can be paid monthly, every two months, quarterly, half-yearly, or yearly, as per the loan terms.
  • You can close the loan early without paying foreclosure charges.

Before applying, use the gold loan calculator to estimate how much you may borrow. You can also check your gold loan eligibility online based on the applicable gold value, purity, and weight in Indore.

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Frequently asked questions

Gold Price

Gold Purchase

Why does the gold price in Indore keep changing?

The gold rate in Indore today changes because of various things like global market shifts, economic conditions, and how much gold is available and wanted. These affect the price of gold.

To calculate gold prices in Indore, check the current market rate of gold per gram. Multiply this rate by the weight of the gold you have. Add any applicable making charges for jewellery and include Goods and Services Tax (GST). Local variations and jeweller-specific charges may also affect the final price. To simplify the process, you can also use a gold price calculator that simplifies price estimation based on real-time rates, ensuring transparency and accuracy in your gold transactions.

The 22 carat gold rate today in Indore changes daily based on global gold prices, currency value, and local demand. It may also vary slightly across jewellers due to making charges, so checking the latest rate before buying is important.

1 tola gold price in Indore is based on 11.66 grams of gold and changes daily with market trends. The price depends on the current gold rate in Indore and the purity level, such as 22 carat or 24 carat gold.

Gold prices in Indore have fluctuated recently in line with changes in international gold prices, the USD-INR exchange rate, import-related costs and local demand. Tracking daily 18K, 22K and 24K rates helps identify short-term price movements.

It is smart to purchase gold when the gold rate today in Indore is comparatively lower. Keeping an eye on these rates helps make informed decisions for advantageous gold buying opportunities in the city.

The choice between 22k and 24k gold in Indore depends on your preference and budget. 24k gold is pure gold, making it softer and more malleable, but 22k gold is stronger due to alloy additions like copper or silver. Consider 24k for purity and value retention, and 22k for durability and cost-effectiveness.

Ready to unlock the value of your gold? Apply for Bajaj Finance Gold Loan today.

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Disclaimer

Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *