Gold rate today in Pune
Indicative 24K, 22K and 18K gold rates for Pune, Maharashtra, derived from live international spot and updated continuously while markets are open. Silver included. The full formula is published — nothing here is hand-entered. Compare all cities to see where this one sits.
Gold in Pune ₹1,65,497 per 10 g (24K) · ₹1,51,705 (22K) · +0.92% on the session · silver ₹2,45,821 per kg · as of
Spot source: Swissquote Bank · FX: Frankfurter (European Central Bank) (2026-08-24) · as of · how this is derived
The rate above is the metal alone. A real bill adds the jeweller's making charges, and then 3% GST on the metal and the making charges together — the GST Council sets that rate; see the CBIC GST rate schedules.
Making charges are set by each jeweller — commonly 6–15% of metal value on machine-made pieces and higher on handwork — so nobody can put them in a rate board. Put yours into the calculator and it will break a total into metal, making and tax.
Open the jewellery price calculatorGold rate in Pune by weight
The same rate at the weights a purchase actually comes in. Every figure is the metal alone, ex-GST, derived from the per-gram rate in the card above — so these cannot drift away from the headline the way a hand-kept table would.
| Weight | 24K | 22K | 18K |
|---|---|---|---|
| 1 gram | ₹16,550 | ₹15,171 | ₹12,412 |
| 8 grams | ₹1,32,397 | ₹1,21,364 | ₹99,298 |
| 10 grams | ₹1,65,497 | ₹1,51,705 | ₹1,24,122 |
| 1 tola (11.664 g) | ₹1,93,032 | ₹1,76,946 | ₹1,44,774 |
| 100 grams | ₹16,54,966 | ₹15,17,052 | ₹12,41,224 |
The Pune market
Pune is Maharashtra's second gold market and it is supplied through Mumbai, roughly 150 kilometres away. That proximity is the whole story of its rate: there is very little distance for a premium to accumulate over, so Pune tracks the Mumbai level closely.
Laxmi Road is the shopping spine of the old city, and the stretch of it known as Saraf Bazaar — saraf meaning jeweller — is where the trade concentrates. Many of the shops are long-established family businesses selling hallmarked gold alongside silver and diamond work.
Pune is a good place to see how much of a final bill is not the metal rate. Traditional Maharashtrian pieces — the thushi collar, bugadi ear ornaments, the Kolhapuri saaj — are labour-intensive, so making charges on them run well above the rate for a plain chain of the same weight.
Gold-only movement, converted at today's INR rate
Ten daily closes per 10 grams, ex-GST. Read this as the movement in the metal: each past dollar close is converted at today's exchange rate, not at the rate that applied on the day, so the rupee column is not a record of what gold cost in Pune on those dates. Until we hold a daily USD/INR series, saying so is the honest version of this table.
| Date | 24K | 22K | 18K | Change |
|---|---|---|---|---|
| 23 Aug 2026 | ₹1,64,103 | ₹1,50,428 | ₹1,23,077 | −0.00% |
| 22 Aug 2026 | ₹1,64,103 | ₹1,50,428 | ₹1,23,077 | +1.74% |
| 21 Aug 2026 | ₹1,61,300 | ₹1,47,859 | ₹1,20,975 | +0.67% |
| 20 Aug 2026 | ₹1,60,223 | ₹1,46,871 | ₹1,20,167 | +2.20% |
| 18 Aug 2026 | ₹1,56,772 | ₹1,43,708 | ₹1,17,579 | +0.05% |
| 17 Aug 2026 | ₹1,56,690 | ₹1,43,633 | ₹1,17,518 | +0.56% |
| 16 Aug 2026 | ₹1,55,820 | ₹1,42,835 | ₹1,16,865 | −0.00% |
| 15 Aug 2026 | ₹1,55,821 | ₹1,42,835 | ₹1,16,865 | +1.37% |
| 14 Aug 2026 | ₹1,53,718 | ₹1,40,908 | ₹1,15,288 | −2.10% |
| 13 Aug 2026 | ₹1,57,019 | ₹1,43,934 | ₹1,17,764 | +0.16% |
How this rate is worked out
We start from the international spot price of gold in US dollars per troy ounce, convert it to rupees per gram at the European Central Bank's daily reference rate, add India's 15% import duty, and apply a flat trade premium. We apply a regional adjustment of +0.08% over Mumbai — the smallest non-zero figure on this site, because Pune sits in the same state and the same supply orbit as the city we use as the base.
Purities follow exact ratios: 22K is 22/24 of the 24K rate, 18K is 18/24. The methodology page gives every constant, the date it was last checked, and an explicit list of what this figure cannot tell you.
Our Pune figure applies a fixed regional adjustment to a nationally derived rate. We do not survey local jewellers or publish any bullion association's rate. Treat it as a well-documented reference level, and expect a counter price to differ. See the risk disclaimer.
24K, 22K and 18K — which one applies to you
| Karat | Hallmark | Purity | Typically used for |
|---|---|---|---|
| 24K | 999 | 99.9% | Coins, bars, investment metal. Too soft for most jewellery. |
| 22K | 916 | 91.6% | The standard for Indian gold jewellery. |
| 18K | 750 | 75.0% | Diamond settings and contemporary designs; harder and more durable. |
The hallmark number is the purity in parts per thousand, and each rate is an exact fraction of the 24K figure. 22K vs 24K gold and what 916 means covers the alloy, how to read a BIS hallmark and how to check one.
Duty, GST and hallmarking
Import duty of 15%. India imports almost all of its gold, and the customs duty on it is 15% (10% basic customs duty + 5% AIDC), administered by the Central Board of Indirect Taxes and Customs. That duty is inside the rates on this page, because it is inside the price a shop pays for its metal.
GST of 3% is not. Indian rate boards quote ex-GST by convention and so do we. Gold and gold jewellery are taxed at 3% of the transaction value — see the CBIC GST rate schedules — and that value includes making charges, not just the metal. The jewellery price calculator applies both.
Hallmarking is mandatory. Gold jewellery sold in India must carry a BIS hallmark: the BIS mark, the purity grade (999, 916, 750) and a six-digit HUID. Check all three before paying, and see the BIS hallmarking FAQs for what each mark means and how to verify one.
Frequently asked questions
Is the gold rate in Pune the same as in Mumbai?
Very nearly. Pune is supplied through the Mumbai trade and sits about 0.08% above it on our model — a difference of a few rupees per 10 grams, far smaller than the variation in making charges between two shops on Laxmi Road.
What are making charges on traditional Maharashtrian jewellery?
Higher than on plain gold, because pieces like a thushi or a Kolhapuri saaj take substantially more skilled labour. Making charges are set by each jeweller and are never part of a published gold rate, including ours — ask for them as a separate number.
Where is the main gold market in Pune?
Saraf Bazaar on Laxmi Road, in the old city. It is the traditional jewellers' quarter and where the trade is densest; national chains also trade from the newer commercial areas at chain pricing.
Does this rate include GST?
No. The headline figure is ex-GST, following the Indian convention. Add 3% on the metal value plus making charges to reach a counter price.
Silver rate in Pune
The silver figure in the card above is the national rate per kilogram, ex-GST — we apply the same regional adjustment to silver as to gold, and no city-specific silver survey sits behind it. Silver price today carries the ounce, gram and kilogram quotes, the ten-day board and the gold/silver ratio.
Gold rates in other cities
Rates are indicative and exclude GST. Read the methodology, the risk disclaimer and the terms of use.