Know the current gold rate in Goa for 24K, 22K, and 18K on a daily basis. Learn more about the types of gold available and the factors affecting their prices to make informed buying
The latest gold price in Goa varies from day to day, depending on various global and domestic factors. Some of these factors include foreign currency value, inflation rates, and supply and demand, particularly during festive seasons. Gold comes in different physical and digital forms, such as jewellery, coins, bars, gold bonds, and mutual funds, each at a different price.
The gold purity is evaluated by BIS hallmarking, which guarantees authenticity. Also, Goods and Services Tax (GST) is applicable on gold purchases and making charges, adding to the total cost and enhancing the price. If you are planning to purchase gold, you must consider price and other factors to ensure that you pay the right price for an accurate quantity of gold.
The gold price today in Goa depends on international gold prices, fluctuations in currency exchanges, and demand in the market. The gold price fluctuates every day in Goa and may also differ at different sellers due to factors such as making charges.
If you are planning to buy gold, understanding the Indian gold market conditions is essential to determine if it is the right time to invest.
The current gold rate in Goa is not only affected by demand and supply factors but also by others, as listed below.
Global Gold Prices: The international gold market, along with price changes in the Indian market, determines gold prices in India. This is due to the reason that the gold in most cities is imported, and its price depends on international market prices.
Currency Value Fluctuations: because the Indian rupee keeps fluctuating against the value of the U.S. dollar, it influences gold prices.
Inflation: Inflation by itself does not take the price of gold up. However, when there is a state of inflation, the purchase of gold shoots up as it offers a secure tool. As the demand for metal increases, its price also goes up.
Rates of Interest: When interest rates go up, gold prices go down. This would be the best time to purchase gold.
Reserves of the Government: For the gold rate to remain relatively stable, the Government of India makes it a practice to keep aside gold in reserves. When the Indian Government buys more gold, the price of the metal shoots up.
Gold prices in Goa continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.
The highest recorded price of gold during the month was on 22nd April 2025:
The lowest recorded price of gold during the month was on 3rd April 2025:
Gold prices in Goa experienced a significant increase in April 2025. The percentage change for both 22-karat and 24-karat gold was approximately +5.5%.
Gold prices in Goa continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.
The highest recorded price of gold during the month was on 31st March 2025:
The lowest recorded price of gold during the month was on 1st March 2025:
Gold prices in Goa experienced a notable increase in March 2025. The percentage change for both 22-karat and 24-karat gold was approximately +6.09%.
Gold prices in Goa continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.
The highest recorded price of gold during the month was on 25th February 2025:
The lowest recorded price of gold during the month was on 3rd February 2025:
Gold prices in Goa experienced a slight increase in February 2025. The percentage change for both 22-karat and 24-karat gold was approximately +2.78%.
The type of gold depends on two major factors: its purity in Karats and the colour it retains, depending on the alloy mix. These are detailed below.
24K Gold
It contains 99.9% pure gold, and 24K is the purest form of gold. It is bright yellow in colour, but its softness makes it inappropriate for everyday jewellery wear. Due to its softness, it is not used for jewellery or ornament carving.
22K Gold
With 91.6% gold content, 22K gold is alloyed with other metals to enhance its strength. It is best suited for making strong and high-quality traditional jewellery.
18K Gold
It contains 75% pure gold and 25% other alloys and has a perfect combination of purity, strength, and price. It is used extensively in quality jewellery and ornament designs.
14K Gold
With 58.3% pure gold content, 14K gold is stronger and less expensive. These qualities make it perfect for daily wear jewellery that needs toughness without losing its style.
On the other hand, gold is mixed with other metals to make different types of gold, available in different colours. Some popular options in gold types based on colour are listed below.
Yellow Gold
It is produced by alloying pure gold with metals such as copper and zinc, retaining the natural yellow colour of gold. It is traditionally used in classic and cultural jewellery designs.
Rose Gold
This variety obtains its pinkish-red colour from a higher copper alloy mix. Its vintage aesthetic makes it a popular choice for fashion and designer jewellery.
White Gold
It is formed by mixing gold with white metals like palladium or nickel, offering a contemporary appearance. It is especially popular for modern engagement rings.
Green Gold
Also known as electrum, green gold is a naturally occurring alloy of gold and silver. It has a subtle greenish-yellow tint and is quite rare in commercial jewellery.
Purple Gold
It is created by alloying gold with aluminium and is popular for its distinct colour. However, it is rarely used due to its brittle nature, making it prone to damage.
Black Gold
It is produced either through alloying with elements such as cobalt or by applying surface treatments. It is valued for its bold and dramatic look, but common jewellery does not exist to date.
Blue Gold
This rare variety is formed by combining purple gold with an oxidation process, resulting in a strong bluish colour. Blue gold is reserved for luxury and tailored jewellery items.
Gold has a direct relationship with inflation. People prefer to invest in gold because this precious metal is considered more stable than currency. So, when inflation increases, the demand for gold also shoots up, raising the gold rate today in Goa.
24 karat gold is considered pure, with 99.9% gold, as it does not have any other metal mixed with it. Because it is the purest form of metal, the 24-karat gold price in Goa is the highest compared to 22-karat gold. Note that it is not used in making regular jewellery.
The gold rate today in Goa depends on the purity of the metal. You can find out the purity of gold through some testing mechanisms. Most jewellers today have digital purity machines to test the purity of any metal, be it gold or silver. A hallmark/Stamp on genuine gold, or the BIS hallmark or stamp certifies it to be real.
No. The Government of India has made it mandatory for jewellers to sell gold having the BIS hallmark, effective from June 16, 2021.
However, certain types of jewellery are exempted from BIS hallmarking in Goa and elsewhere. These include jewellery weighing less than 2 grams, articles of gold thread, kundan, polki, jadaau, etc. Jewellers with an annual turnover of ₹40 Lakhs are exempted under the BIS rules.
The GST on gold rate in Goa is fixed at 3%. An additional 5% charge is levied as a making charge on any form of jewellery.
As per the current rate on April 16, 2025, 1 gram of gold for 24K gold stands at ₹9,617.
As per the current rate on April 16, 2025, 1 gram of gold for 22K gold stands at ₹8,815
As per the current rate on April 16, 2025, 1 gram of gold for 18K gold stands at ₹7,213.
The GST on gold rate in Goa is fixed at 3%. An additional 5% charge is levied as a making charge on any form of jewellery.
Some precautions to take while purchasing gold jewellery in Goa include obtaining proper documents, BIS hallmark check, purity and weight check, considering GST implications and comparing prices.
There are numerous options to buy gold jewellery and other items in Goa. However, the most suitable buying options for buyers depend on individual preferences.
To check if the gold you brought is authentic or not, you must check for a certified hallmark. Also, you must opt for acid or magnet tests, check weight, and purity and compare densities.
No. Typically, the gold price is not determined by an organisation or entity, but a mix of various factors determines it. These can include exchange rates, global gold prices, supply, and demand.