Gold rate today in Gujarat
The 24 carat gold rate in Gujarat is ₹ 134,329 per 10 grams and ₹ 13,433 per gram at the state benchmark. 916 (22 carat), the grade most jewellery is made from, is ₹ 123,135 per 10 grams.
In pavan terms — the unit most of southern India actually buys in — one pavan of 916 gold is ₹ 98,508 and one pavan of 24 carat is ₹ 107,463. A pavan is 8 grams.
The Gujarat gold market
Ahmedabad, Surat, Rajkot, Vadodara and Jamnagar all support significant fabrication as well as retail, so wholesale metal moves through the state in volume rather than simply arriving for sale. Surat's precious-metal trade shares infrastructure with its diamond industry.
Navratri, Diwali and the wedding season drive the calendar, with Gujarat's strong savings culture sustaining bar and coin demand year-round alongside jewellery.
The spread across Gujarat
Right now the gap between the cheapest and dearest market in Gujarat is ₹ 27 per 10 grams — Ahmedabad at the bottom, Vadodara at the top. On a typical 50 gram purchase that is a difference of about ₹ 134, which is real money but rarely worth travelling for once fuel and time are counted.
The metal itself costs the same everywhere on earth at any given second. What varies within Gujarat is freight from the point of import, how many dealers compete in each town, the cost of holding stock, and when local wedding and festival demand peaks — which is not simultaneous across a state.
Buying gold in Gujarat
Gujarat's manufacturing depth means making charges are often lower than comparable markets for equivalent work. Ask specifically whether a quoted charge is per gram or a flat percentage — both conventions are used here.
Beyond that, the same four questions apply anywhere: the metal rate for the exact karat, the making charge, the wastage percentage, and the tax — each as its own number. A single all-in price cannot be compared against anything.
The background, in one place
- How gold rates are decided — spot, exchange rate, import parity and premium, with live numbers at each step.
- 22K vs 24K — every lower grade is a fixed fraction of the 24 carat price, and the guide shows the arithmetic.
- What 916 means and what a pavan is — the two terms this market trades in.
- Making charges and wastage — where two quotes on the same rate actually diverge.
- Verifying a hallmark — what the stamps guarantee, and what they do not.