Gold Price Today in Indore — 31 March 2026
Last updated: 30 March 2026
| Weight | 24K | 22K |
|---|---|---|
| 1g | ₹14,633 | ₹13,414 |
| 8g | ₹1,17,064 | ₹1,07,312 |
| 10g | ₹1,46,330 | ₹1,34,140 |
| 100g | ₹14,63,300 | ₹13,41,400 |
| 1kg | ₹1,46,33,000 | ₹1,34,14,000 |
Indore's Sarafa Bazaar is famous for its evening gold market. The city is a key trading hub for central India. Today, 24K gold in Indore is priced at ₹14,633 per gram.
Prices include local taxes and may vary by jeweller. Always confirm the final rate including making charges before purchase. Hallmark certification ensures purity.
30-Day Gold Price Trend in Indore
Factors Affecting Gold Price in Indore
Gold prices in Indore are influenced by the Multi Commodity Exchange (MCX) benchmarks, which reflect global spot prices, rupee-dollar dynamics, and import duties. When international gold rises or the rupee weakens, local rates tend to follow.
State-level taxes and levies affect the final price in Indore. The Goods and Services Tax (GST) of 3% on gold jewellery applies uniformly, but local octroi or other levies may create small differences compared to other cities.
Demand cycles play a key role. During weddings, festivals like Diwali, Dussehra, and Akshaya Tritiya, and local celebrations in Madhya Pradesh, demand surges and jewellers may add a small premium. Off-season periods often see slightly softer rates.
Jeweller association rates in Indore provide a reference, but individual stores may quote marginally different prices based on inventory, making charges, and design complexity. Always compare at least 2-3 jewellers before buying.
Indore vs Nearby Cities
Frequently Asked Questions
What is the gold price in Indore today?
Today's gold price in Indore varies slightly based on local jeweller rates. Check the table above for 24K and 22K rates per gram.
What is 22K gold price in Indore?
22K gold in Indore is priced as shown in the table above. 22K is 91.6% pure and preferred for traditional jewellery.
Why does gold price differ between cities?
Gold prices differ due to state taxes, local association rates, and demand. Cities like Mumbai and Delhi may have marginally different rates.
Where can I buy gold in Indore?
Indore has numerous certified jewellers. Look for BIS hallmark certification and compare rates at 2-3 stores before buying.
How is GST applied on gold in Indore?
GST of 3% applies on gold jewellery across India, including in this city. Gold coins and bars for investment may have different tax treatment.
Gold & Silver Prices in Other Cities
Compare gold prices in Indore with nearby cities: