Why buying gold is important on Akshaya Tritiya
Akshaya Tritiya, also known as Akha Teej, is one of the most auspicious days in the Hindu calendar. It is considered ideal for buying gold, investing in assets, and starting new ventures without consulting a ‘muhurat’ (auspicious timing).
Buying gold on Akshaya Tritiya is believed to bring good fortune, prosperity, and continuous growth. Traditionally, families purchase gold coins, bars, or jewellery. In recent years, banks and fintech platforms have introduced digital gold, gold savings plans, and gold-backed mutual funds to tap into this sentiment.
Latest 22K Gold Prices of top jewellers in India (as of April 30, 2025)
If you are planning to buy gold jewellery, then it is important to know the gold prices of 22KT from the reputed jewellers. Here is a snapshot of current gold rates per gram from leading brands (excluding GST and making charges):
Here we have taken the 22 KT gold prices of Malabar Gold, Joyalukkas, Kalyan Jewellers, and Tanishq.
Kalyan Jewellers
As of April 30, 2025, Kalyan Jewellers’ latest price for 22K gold jewellery is Rs 8,980 per gram.Tanishq
As of April 30, 2025, Tanishq’s latest price for 22K gold jewellery is Rs 8990 per gram.
Malabar Gold & Diamonds
Malabar Gold’s latest price for 22K gold jewellery is Rs 8980 per gram, as of April 30, 2025.
Joyallukas
Joyallukas latest price for 22K gold jewellery is Rs 8980 per gram, as of April 30 2025.
The 22KT gold prices mentioned are taken from the jeweller’s website between 3:30pm and 03: 50 PM. However, you should always cross-verify the same when buying the gold from the store.
Also Read: Can you exchange your old, un-hallmarked gold jewellery for the new one?
IBJA Benchmark Gold Rates – April 29, 2025
The India Bullion and Jewellers Association (IBJA) also publishes the gold prices for different purities. Here are the latest indicative gold prices for different purity levels as on April 29, 2025. The prices quoted below are AM prices.
Purity | Price Per gram (In Rs) |
24KT – 999 | 95689.60 |
24 KT – 995 | 9590.00 |
22KT – 916 | 8819.80 |
18KT – 750 | 7221.50 |
14KT – 585 | 5632.70 |
IBJA gold rates serve as the benchmark for pricing across India and are used by the RBI for issuing Sovereign Gold Bonds (SGBs).
How to calculate the Final Price of Gold Jewellery
Here’s the standard formula jewellers use to calculate the final purchase price of gold jewellery:
Final Price = [Gold Price × Weight (g)] + Making Charges + 3% GST + Hallmarking Charges
Making charges vary depending on design complexity and brand.
GST (Goods and Services Tax) is charged at a flat rate of 3%.
Hallmarking charges are Rs 45 per article. The hallmarking is essential for certified purity.