Gold has always been more than just a metal — it’s a symbol of wealth, tradition, and timeless beauty. In India and across the globe, 22ct gold price holds a special place in people’s hearts and investments. Whether you’re buying for a wedding, a festival, or as a long-term asset, understanding the 22ct gold price is essential before making a purchase.
What Is 22ct Gold?
22ct gold, also written as 22-karat gold, consists of 91.6% pure gold and 8.4% alloyed metals like silver, copper, or zinc. These metals are added to make the gold strong enough for crafting intricate jewellery designs, as pure 24ct gold is too soft to hold shape.
What Affects the 22ct Gold Price?
The 22ct gold price fluctuates daily due to several factors:
🏦 Global Market Trends
Gold is traded on international markets. Global demand, geopolitical events, inflation, and central bank policies all influence gold prices.
💱 Currency Exchange Rates
Since gold is typically priced in US dollars, changes in the INR-USD exchange rate directly affect gold prices in India.
🛍️ Local Demand and Festive Seasons
In countries like India, gold demand spikes during festivals like Diwali, Dussehra, and Akshaya Tritiya, often pushing prices upward due to increased buying.
📊 Import Duties and Taxes
India imports most of its gold, so changes in government policies, import duties, and GST also impact final jewellery prices.
How Is the Price of 22ct Gold Calculated?
The price of 22ct gold is calculated based on:
The daily gold rate per gram (typically quoted for 22ct in India)
The weight of the jewellery piece
Making charges, which are the costs added 22ct gold price by jewellers for craftsmanship
GST (Goods and Services Tax), currently 3% on gold jewellery in India
💡 Example:
If 22ct gold price today is ₹5,800 per gram, and you’re buying a 10-gram bracelet:
Base price = ₹58,000
Add making charges (e.g., 10%) = ₹5,800
Add GST (3%) = ₹1,917
Total price = ₹65,717
22ct Gold vs. 24ct and 18ct: What’s the Difference?
| Karat | Purity | Usage |
|---|---|---|
| 24ct | 99.9% | Investment, coins, bars |
| 22ct | 91.6% | Jewellery (traditional & bridal) |
| 18ct | 75% | Fashion jewellery, studded pieces |
22ct gold offers the perfect balance between purity and durability — making it ideal for everyday and occasion wear.
How to Check the Current 22ct Gold Price
Online portals: Reputed financial websites and gold trading platforms update rates daily.
Jewellers’ websites: Most large jewellery brands in India show live 22ct rates.
Apps: Several mobile apps provide real-time gold prices based on your city.
Always compare rates from multiple sources and check for BIS hallmark certification when purchasing gold jewellery.
Final Thoughts
Understanding the 22ct gold price is essential to making an informed, confident jewellery purchase. While the rates may fluctuate, 22ct gold remains a wise investment, combining elegance with long-term value. Whether you’re buying for tradition, fashion, or financial security, tracking the gold rate ensures you get the best value for your money.