Stay on top of daily 18K, 22K and 24K gold rates in Varanasi. Price volatility is common, so monitor regularly for the best value.
Varanasi is among the holiest cities in India, and people here make gold investments on various occasions like weddings, festivities, and other special events. Like elsewhere in India, people in Varanasi consider gold as an auspicious metal and a great investment option.
Regardless of your reason for purchasing gold, you should stay aware of the live gold price in Varanasi. Staying updated about the gold rate and where to invest it will help you make a beneficial judgment.
Gold is a valuable metal used in various applications. Its usage can range from jewellery to currency. Gold rates in Varanasi can vary due to multiple factors. These include the type and quality of gold, market conditions, and, most importantly, local economic dynamics.
Also, the demand and supply, along with regional economic influences, significantly impact gold prices. Along with that, goldsmiths and jewellers in Varanasi may apply different service charges, which will contribute to price variations.
If you are want to purchase gold in Varanasi, check out the gold price in Varanasi today.
Per Gram Gold Price in Varanasi
Gram |
22 Carat Gold Rate Today |
22 Carat Gold Rate Yesterday |
Daily Price Change |
1 Gram |
₹9,055 |
₹9,055 |
₹0 |
10 Gram |
₹90,550 |
₹90,550 |
₹0 |
100 Gram |
₹905,500 |
₹905,500 |
₹0 |
If you are looking for a stable investment, gold can be one of the best options that are available. However you need to be careful and thoroughly understand the market trends and prices before you set out to buy and sell gold. There are also several option from which you can choose:
Physical Gold
ETFs of gold
Derivative gold contract
To help you make a decision before investing in gold, here are the gold rates in Varanasi during a ten-day period which will help you understand the daily fluctuations in its price.
Date |
STANDARD GOLD 22K |
STANDARD GOLD 24K |
||
1 Gram |
10 Gram |
1 Gram |
10 Gram |
|
May 09, 2025 |
₹9,055 |
₹90,550 |
₹9,508 |
₹95,080 |
May 08, 2025 |
₹9,055 |
₹90,550 |
₹9,508 |
₹95,080 |
May 07, 2025 |
₹9,055 |
₹90,550 |
₹9,508 |
₹95,080 |
May 06, 2025 |
₹9,055 |
₹90,550 |
₹9,508 |
₹95,080 |
May 05, 2025 |
₹9,055 |
₹90,550 |
₹9,508 |
₹95,080 |
Gold price in Varanasi with fluctuations in the last few days, is shown below:
Date |
STANDARD GOLD 18K |
|
1 Gram |
10 Gram |
|
May 09, 2025 |
₹7,409 |
₹74,090 |
May 08, 2025 |
₹7,409 |
₹ 74,090 |
May 07, 2025 |
₹7,409 |
₹74,090 |
May 06, 2025 |
₹7,409 |
₹74,090 |
May 05, 2025 |
₹7,409 |
₹74,090 |
The gold rate calculator is an online and free-to-use tool that calculates the value of gold based on its weight, purity, and current market price. You can use a search engine to locate a gold rate calculator. The gold rate calculator is easy to use.
You can use the gold rate calculator by inputting factors like the weight of your gold in grams. The calculator will then give you an estimate of its worth in the current market. The value provided by the gold rate calculator will be approximate and is an estimate based on the current gold price. It can fluctuate daily based on a variety of economic and market factors.
The current gold price in Varanasi depends on a wide range of factors. Here are the main driving forces that determine the rate of gold in Varanasi.
The demand and supply of gold in Varanasi are constantly fluctuating. As with all other products, the price of gold in Varanasi is also influenced by the demand and supply. If the demand rises, as it does during festive seasons in the country, the price of the yellow metal also rises. And if the demand falls or the supply rises, the gold price in Varanasi falls.
The interest rates also play a major role in determining the gold rates in the country. If the interest rates rise, depositors may earn better returns on their investments and may choose other options to invest in other than gold. And if the interest rates fall, gold may emerge as a more lucrative investment option, raising its demand and, therefore, its price too.
The government of India has its own gold reserves that come in handy in times of economic need. Depending on the need of the hour and the policies in force, the government may buy or sell gold through the central bank. These transactions also have the effect of driving the gold price in Varanasi upward or downward, as the case may be.
Although the demand for gold in India is almost always high, the domestic supply is not dynamic enough to keep up. So, the country imports precious metals from various foreign sources. This results in import duty on gold. And if the import duty rises, this is reflected in the price of gold in the country. Naturally, the gold price in Varanasi is also affected.
In addition to the above factors, there are many other influences too that drive the price of gold up or down. They include economic events and developments, geopolitical issues, inflation and other financial factors. Before you buy or sell gold, you need to be aware of all these factors so you can make an informed decision.
Before investing in gold, you should be aware of the types of gold available in the market. There are 3 types of gold popular in the gold investment market: KDM, Hallmarked, and 916 gold. Understanding the difference between these three will help you decide which one will be perfect for you. For instance:
Hallmarked gold is the most trusted form, as it guarantees certified purity
KDM gold used to be common but has become rare due to associated health and environmental concerns
916 gold—also known as 22-karat gold—remains the preferred choice for jewellery in India
Now let’s learn them in detail:
KDM gold refers to jewellery made using cadmium for soldering. Earlier, jewellers used copper, which affected purity during re-melting. To address this, cadmium replaced copper, allowing soldering without compromising purity. However, due to the health hazards posed by cadmium, KDM gold is now less common.
Hallmarked gold bears a certification issued by the Bureau of Indian Standards (BIS), confirming its purity. Typically ranging from 18K to 24K, hallmarked gold ensures reliability for buyers and traders alike. Always look for BIS stamps when purchasing gold to ensure authenticity.
916 gold, or 22-karat gold, consists of 91.6% pure gold and 8.4% alloyed metals such as copper or silver. This composition offers durability while retaining high purity, making it ideal for both traditional and everyday jewellery. When hallmarked, 916 gold assures both quality and credibility.
The gold investment market is gaining popularity day by day in Varanasi. There are many options available to make sure every kind of individual will find a method that will suit their budget and taste. Physical gold is undoubtedly the most popular; however, some of the other convenient ones are:
This method arguably comes right after physical gold in terms of popularity. Here, the entire process happens digitally. After noticing the growing popularity of the gold investment market, many fintech companies started offering this method. After you buy the digital gold online, these companies will buy physical gold in an insured vault.
The Reserve Bank of India (RBI) issues this bond. It is also popularly known as Sovereign Gold Bonds (SGB). The Reserve Bank of India conducts this on behalf of the Government of India. You can start investing with a minimum of 1 gram of gold. The bonds have an 8-year term, but you can exit in the 5th, 6th, or 7th year. You'll earn 2.50% annual interest, paid every six months.
It is a type of mutual fund that functions like stock market investments. Instead of purchasing physical gold, investors buy ETF units, which represent gold holdings.
This investment allows you to invest in companies engaged in gold mining, refining, and marketing. The performance of these stocks depends on gold prices. To invest in this kind of stock, you need to understand and stay updated about market trends.
The gold rate in Varanasi can fluctuate daily due to many international and domestic factors. You can check the gold price online on a day-to-day basis on Bajaj Markets before making a buy or sell decision.
The gold price in Varanasi is likely to vary from other cities in India due to local demand. It’s ideal to check it regularly before making any purchasing decision.
The 22 Karat gold rate in Varanasi varies daily due to market fluctuations. For the most current and accurate price, please check Bajaj Markets.
The 18K gold rate in Varanasi fluctuates daily based on market conditions. For the most accurate and up-to-date rates, consult a trusted local jeweller or visit Bajaj Markets.
In Varanasi, the GST on gold coins is 3%. 1.5% for Central Goods and Services Tax (CGST) and 1.5% for State Goods and Services Tax (SGST). Jewellery-making charges are taxed at 5%.
Some precautions will help you make the right buying decision, such as:
Certification: Ensure the gold has hallmark certificates to guarantee its authenticity
Purity: Choose between 24K (coins/bars), 22K or 18K (jewellery) based on your needs
Gold Price: Check the current 18K, 22K, or 24K gold rates in Varanasi, depending on your purchase type
You can buy gold from any trusted seller in your area or on online websites with years of experience in the gold investment market. No matter where you buy it from, make sure to read the past customers’ reviews before proceeding.
If you are not sure of how you can go about checking the purity of the precious metal, here are some methods that can help:
Magnet Test: Real gold isn’t magnetic; if it sticks to a magnet, it might be fake
BIS Hallmark: Look for the BIS hallmark—it’s proof of purity in jewellery, coins, or bars
Float Test: Real gold is heavy and won’t float in water
The Indian Bullion and Jewellers Association (IBJA) decides the daily rates of gold in India.