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Indore, Madhya Pradesh

Gold Rate Today in Indore23 October 2026

Live 24K, 22K and 18K gold price per gram and 999 silver retail-metal reference rates for Indore, with GST tools and local bullion context.

On 23 October 2026 at 02:40 IST, 24K gold in Indore is ₹14,693 per gram (₹1,46,930 per 10g), 22K is ₹13,459 per gram (₹1,34,588 per 10g) and 18K is ₹11,020 per gram. Source: All India Bullion (AIB) Reference Retail Metal Rates. Methodology and limitations.

Updated

Gold 999 ₹1,687/10 g(-1.14%)vs previous closeSilver 999 ₹9,241/kg(-4.34%)vs previous close

Dhanteras is on Friday, 6 November, Diwali is on Sunday, 8 November. Gold rate on Dhanteras 2026 →Gold rate on Diwali 2026 →

24K Gold
₹1,46,930
per 10g
22K Gold
₹1,34,588
per 10g
Silver
₹2,03,750
per kg
Rate snapshot: 23 Oct, 02:40 IST

Live Indore Bullion Rates

Retail gold and silver reference prices

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Gold

Gold Products

Per 10 g · retail, RTGS and with GST
RETAIL 995
per 10 g
₹1,45,583▼ 1,687
RTGS 995
per 10 g
₹1,40,786▼ 3,302
995 WITH GST
per 10 g
₹1,45,009▼ 3,401
RETAIL 999
per 10 g
₹1,46,783▼ 1,687
RTGS 999
per 10 g
₹1,41,596▼ 3,302
999 WITH GST
per 10 g
₹1,45,843▼ 3,401
Silver

Silver Products

Per kg · retail, RTGS and with GST
RETAIL 999
per kg
₹2,03,750▼ 9,241
RTGS 999
per kg
₹1,96,469▼ 10,358
999 WITH GST
per kg
₹2,02,363▼ 10,669
By purity

Gold Price In Karat

Derived from Gold Retail 999
10 Grams · karat prices
24K
₹1,46,930
per 10 g
23K
₹1,40,808
per 10 g
22K
₹1,34,588
per 10 g
20K
₹1,22,442
per 10 g
18K
₹1,10,197
per 10 g
14K
₹85,709
per 10 g

AIB reference rate. Values are derived for display; a bill may add GST and charges.

Buy gold and silver coins onlineGold and silver coins and bars, priced live from Zaveri Bazar, Mumbai. Insured delivery across India.Shop coins →

Local market snapshot

24K, 22K and 18K gold rate per gram in Indore on 23 October 2026

Feed update: 23 October 2026 at 02:40 IST
24K retail-metal reference
₹14,693 / gram
₹1,46,930 / 10g
Derived 22K metal value
₹13,459 / gram
₹1,34,588 / 10g
Derived 18K metal value
₹11,020 / gram
₹1,10,197 / 10g

This is a Indore-specific retail-metal reference, not a generic national number or a final jewellery invoice. The 22K figure is derived from the live 24K/999 metal reference; compare it with a local seller's invoice separately because making charges, wastage and 3% GST can change the final purchase price.

Read how AIB handles rate snapshots, timestamps and unavailable quotes in our rate methodology.

Gold and silver bullion bars representing the Indore bullion market
All India Bullion Reference Retail Metal Rates for Indore, Madhya Pradesh.

A year ago, 24K gold was ₹1,27,772 per 10 g — today's rate is +15.89% against it.See that day

Last 30 days

Recent trend

India-wide reference rates. A city price differs by the local premium a dealer applies there.

₹1,51,286₹1,49,678₹1,48,07024 Sep 20268 Oct 202622 Oct 2026
Recent trend — per 10 g₹1,51,286 → ₹1,48,070

Over this period: −2.13% · High ₹1,51,286 (24 September 2026) · Low ₹1,48,070 (22 October 2026)

See the full price history →

Gold Rate for the Last 10 Days (per gram)

India-wide reference rates. A city price differs by the local premium a dealer applies there. Recorded at 03:00 IST each weekday, covering the overnight international session.

24K and 22K gold rate per gram for the last 10 days
Date24K per gram22K per gram24K per 10 gChange
22 October 2026₹14,807₹13,563₹1,48,070−₹180
21 October 2026₹14,825₹13,580₹1,48,250−₹573
20 October 2026₹14,882₹13,632₹1,48,823+₹96
19 October 2026₹14,873₹13,623₹1,48,727−₹33
16 October 2026₹14,876₹13,626₹1,48,760+₹626
15 October 2026₹14,813₹13,569₹1,48,134−₹1,076
14 October 2026₹14,921₹13,668₹1,49,210−₹245
13 October 2026₹14,946₹13,690₹1,49,455−₹1,059
12 October 2026₹15,051₹13,787₹1,50,514+₹716
9 October 2026₹14,980₹13,721₹1,49,798+₹376

22K is derived at 916 fineness from the 999 reference. Change is per 10 g against the previous recorded day. Full gold rate history →

Tools & Calculators

Quick utilities to convert units, estimate costs, check spread, and compute TCS/TDS.

What would that metal be worth today?

Metal value only — making charges, GST and storage are not included.

Gold/Silver Unit Converter

Prefilled from today’s live rate at page load.

Gram: 10.000
10g: 1.000
Kg: 0.010
Tola: 0.857
Ounce: 0.322
Estimated value: ₹1,46,930

Making Charges Estimator

Base: ₹1,46,930
Making: ₹14,693
GST: ₹4,848.69
Total: ₹1,66,471.69

Buy‑Sell Spread Checker

Result: Profit ₹0

TCS & TDS Calculator

TCS: ₹0
TDS: ₹0
Total: ₹0
Net Payable: ₹0

Gold Rate in Indore on 23 October 2026 — per Gram, 10 Gram, Tola & 1 kg

23 October 2026 reference rates for Indore, Madhya Pradesh. Prices below are derived from the live AIB 999 bullion quote for Indore and cover every common purity and weight, from 1 gram to 1 kilogram.

Gold price in Indore by purity and weight on 23 October 2026
Purity1 gram8 gram10 gram1 tola100 gram1 kg
24K (1000)Fine-gold equivalent from the 999 reference₹14,693₹1,17,544₹1,46,930₹1,71,376₹14,69,299₹1,46,92,993
22K (916)Standard jewellery gold₹13,459₹1,07,670₹1,34,588₹1,56,981₹13,45,878₹1,34,58,782
18K (750)Studded & lightweight jewellery₹11,020₹88,158₹1,10,197₹1,28,532₹11,01,974₹1,10,19,745
Silver (999)Fine silver bullion₹204₹1,630₹2,038₹2,376₹20,375₹2,03,750
1 kg gold price
₹1,46,92,993
24K 999 fine, Indore
1 tola gold price
₹1,71,376
11.6638 g, 24K
1 kg silver price
₹2,03,750
999 fine, Indore

On 23 October 2026, 24K gold in Indore is ₹14,693 per gram and ₹1,46,930 per 10 grams, while 22K jewellery gold is ₹13,459 per gram (₹1,34,588 per 10 grams). 22K is 91.6% pure, which is why it is stamped 916.

These are AIB city retail-metal reference rates, not a final jewellery bill. The 22K value is derived from the 24K/999 metal reference; a finished ornament adds making charges, wastage and 3% GST.

Buyer's guide

Understanding the gold rate in Indore

How the gold rate in Indore is set

The gold rate in Indore starts from the international price of gold, quoted in US dollars per troy ounce, converted into rupees at the day's dollar rate. Import duty and taxes are added on top, and then the local bullion trade adds its own premium or discount. That is why the rate moves through the day even when nothing changes in Indore itself: a move in London or New York, or in the rupee, reaches the local rate within minutes.

On 23 October 2026, 24K gold in Indore is ₹400 per 10 grams (0.27%) above Mumbai, the reference market. The difference reflects local transport, insurance and dealer margins, and changes from day to day.

24K vs 22K vs 18K gold in Indore

Karat measures how much of the metal is pure gold. The lower the karat, the more copper, silver or zinc is mixed in, which makes the piece harder and cheaper per gram. On 23 October 2026, one gram of 24K gold in Indore is ₹14,693, 22K is ₹13,459 and 18K is ₹11,020.

Gold purities compared, with Indore rates per gram on 23 October 2026
KaratHallmarkGold contentUsed forPer gram in Indore
24K999 / 99599.9% / 99.5%Coins, bars and investment; too soft for most jewellery₹14,693
22K91691.6%Most Indian jewellery: chains, bangles, wedding sets₹13,459
18K75075.0%Diamond and stone-set pieces, lightweight daily wear₹11,020

How to check hallmarked gold in Indore

Gold jewellery sold in India carries a BIS hallmark. Look for three marks, usually laser-engraved on the inside of a ring or near the clasp of a chain:

  • The BIS logo, the triangular mark of the Bureau of Indian Standards.
  • The purity grade, such as 22K916 or 18K750, which should match what you are paying for.
  • A six-character HUID, a unique code for that one piece.

You can check the HUID yourself in the government's BIS CARE app, which shows the purity, the jeweller and the hallmarking centre registered against it. Ask for the HUID to be printed on your invoice as well.

What a jeweller in Indore adds to the gold rate

The rate on this page is the price of the metal. A finished piece of jewellery costs more, because the invoice adds:

  • Making charges, either a flat amount per gram or a percentage of the gold value. They vary widely with the design, so compare them between shops as closely as the gold rate.
  • Wastage, which some jewellers charge separately for the metal lost in crafting.
  • 3% GST on the invoice.
  • Stone charges on set pieces. Ask for the stone weight to be deducted from the gold weight.

Example: a 10 g 22K chain in Indore, at 23 October 2026's rate

Gold value (10 g × ₹13,459)
₹1,34,588
Making charges (assumed 10%)
₹13,459
GST (3%)
₹4,441
Invoice total
₹1,52,488

The 10% making charge is an assumption to show the arithmetic, not a quote. Use the GST calculator above with your jeweller's actual charges.

Buying gold in Indore: a short checklist

  • Compare the per-gram rate for the same karat. A 22K rate and a 24K rate are not comparable.
  • Ask for making charges in writing before the piece is weighed and billed.
  • Check the hallmark and HUID on the piece and on the invoice.
  • Ask about the buy-back or exchange terms. Most jewellers deduct making charges when they buy a piece back.
  • For investment rather than wear, 24K coins and bars carry far lower making charges than jewellery.

About Gold & Silver in Indore

Rates are AIB city retail-metal reference prices. Check the update time and confirm the final quote with your seller; the derived 22K value and final jewellery invoice can differ because of making charges, wastage and GST. See our rate methodology.

Today’s Market Update

On 23 October 2026 at 02:40 IST, AIB's Indore retail-metal reference is ₹1,46,930 for 24K gold per 10g and ₹1,34,588 for the derived 22K metal value per 10g. Silver 999 is ₹2,03,750 per kg. Final jewellery invoices can add making charges, wastage and 3% GST.

AuthorAIB Market Data Desk•Rate snapshot: 23 Oct 2026, 2:40 am IST

Rates are AIB city retail-metal reference prices. Check the update time and confirm the final quote with your seller; the derived 22K value and final jewellery invoice can differ because of making charges, wastage and GST. See our rate methodology.

Understand what moves the Indore rate

Plain-language guides, dated market news and short explainers from the AIB desk.

Latest analyst-led news

View all

Explore More Cities in Madhya Pradesh

Compare rates across nearby markets.

Gold and silver rates in Indore — common questions

What is the 24K gold rate in Indore today?

24K (999 fineness) gold in Indore is ₹1,46,930 per 10 grams as of 23 October 2026 at 02:40 IST. That works out to ₹14,693 per gram and ₹1,71,376 per tola. This is All India Bullion's reference retail-metal rate for Indore, Madhya Pradesh; a jewellery invoice adds making charges, wastage and 3% GST on top.

What is the 22K gold rate in Indore today?

22K (916 fineness) gold in Indore is ₹1,34,588 per 10 grams as of 23 October 2026 at 02:40 IST, derived from the 999 reference rate. 22K is the purity most Indian gold jewellery is made in, which is why it is quoted separately from 24K investment-grade metal.

What is the silver rate in Indore today?

Silver (999 fineness) in Indore is ₹2,03,750 per kilogram as of 23 October 2026 at 02:40 IST. Per gram that is ₹204.

What is the 18K gold rate in Indore today?

18K (750 fineness) gold in Indore is ₹1,10,197 per 10 grams as of 23 October 2026 at 02:40 IST, or ₹11,020 per gram. 18K is 75% gold and is used mostly for diamond-studded and lightweight jewellery.

What is the price of 8 grams (1 sovereign) of 22K gold in Indore?

8 grams of 22K gold in Indore is ₹1,07,670 as of 23 October 2026 at 02:40 IST, at All India Bullion's reference rate. 8 grams is the "sovereign" or "pavan" weight many buyers in South India quote in.

Why is the gold rate in Indore different from Mumbai?

Indore's 24K reference rate is currently ₹400 per 10 grams higher than the Mumbai benchmark. Indian city rates diverge because of local dealer spreads, the cost of transporting and insuring metal into the city, and local demand. GST is the same 3% everywhere in India, so it is not a reason cities differ. Mumbai's Zaveri Bazar is the reference market most other cities price from.

Where can I buy gold and silver coins in Indore?

All India Bullion sells gold and silver coins and bars online at allindiabullion.com, priced at the live bullion rate with GST included, and delivers them by insured courier to Indore where the PIN code is serviceable, usually 10–15 days after payment. Orders are placed in the All India Bullion app.

What are the advantages of buying large quantity bars in Indore?

Larger bars have lower premiums and tighter spreads per gram, making them better for investors in Indore seeking cost-efficient bullion.

How do I calculate expected cost for a wedding jewellery purchase in Indore?

Calculate metal cost (weight×purity×rate) + making charges + GST + any brand premium. Get itemised quotes from multiple Indore jewellers to compare totals.

How accurate are the live rates for nearby rural/remote towns around Indore?

We provide city-level reference rates; remote towns may add larger local premiums due to logistics. Use nearby city rates as baseline and expect small local adjustments.

Why do gold rates in Indore sometimes differ from nearby cities?

Local premiums, dealer spreads, logistics and demand affect the gold rate in Indore. Use city-level live gold rates to compare the best gold price near me and get accurate buy/sell price estimates.