Weight	24K (999)	22K (916)	18K (750)	Silver
1 gram	₹16,301	₹14,932	₹12,226	₹266.95
8 grams	₹130,410	₹119,456	₹97,808	—
10 grams	₹163,013	₹149,320	₹122,260	—
1 tola (11.66 g)	₹190,135	₹174,164	₹142,601	—
100 grams	₹1,630,128	₹1,493,198	₹1,222,597	₹266,945 (per kg)
Change vs yesterday	▼ -0.62%	▼ -0.62%	—	▼ -2.58%

Gold rate today in Raichur — overview

Raichur, a Tier 3 city in Karnataka with a population of approximately 232,456, has established itself as a significant jewellery hub in South India's gold market. The city's gold trade is deeply integrated into its commercial ecosystem, with numerous jewellery retailers and wholesalers operating across traditional markets and modern establishments. Gold rates in Raichur are benchmarked against the Indian Bullion Jewellers Association (IBJA) standards, which serve as the official reference for purity and pricing across the country. The demand for gold in Raichur is substantially influenced by regional customs and seasonal patterns. Wedding seasons and major festivals drive significant purchasing activity, reflecting the cultural importance of gold jewellery in South Indian households. Local jewellers cater to both retail customers seeking ornamental pieces and investors interested in gold as a financial asset. The city's position within Karnataka's jewellery trade network means that rates remain competitive and closely aligned with national market movements, making it an important reference point for understanding gold consumption patterns in the southern region.

Common questions about gold rate in Raichur

What is the gold rate in Raichur today?

Gold rates in Raichur fluctuate daily based on international spot prices and rupee values. For current rates, check the Indian Bullion Jewellers Association (IBJA) website or contact local Raichur jewellers directly. Rates vary between 22K and 24K gold, with making charges added separately.

How is the gold rate in Raichur determined?

Gold rates in Raichur are primarily determined by international London Bullion Market prices, converted to Indian rupees. The Reserve Bank of India (RBI) and IBJA publish reference rates. Local factors like demand, jeweller margins, and making charges also influence final prices at Raichur shops.

Why does gold rate vary across cities in India?

Gold rates vary across Indian cities due to local demand-supply dynamics, regional taxes, jeweller competition, and transportation costs. While base rates follow IBJA standards, Raichur and other cities may have different making charges and retail markups based on local market conditions.

What is the difference between 22K and 24K gold?

24K gold is pure gold (99.9% purity), while 22K contains 91.67% gold with other metals for durability. 22K is preferred for jewellery in Raichur due to better strength, though 24K is purer. Both are available at Raichur jewellers with appropriate BIS hallmarking.

What are typical making charges in Raichur?

Making charges in Raichur typically range from 8-15% of gold weight, varying by jeweller and design complexity. Some charge per gram instead. Always confirm charges before purchase. Reputable Raichur jewellers provide transparent breakdowns of gold weight, purity, and making charges separately.

Where can I check gold purity in Raichur?

Check gold purity at BIS-hallmarked jewellers in Raichur, identifiable by the hallmark symbol on ornaments. The Bureau of Indian Standards (BIS) ensures authenticity. Many Raichur jewellers offer certification. You can also visit government-approved assay offices for independent purity verification and testing.

Is GST applicable on gold purchases in Raichur?

Yes, GST at 5% applies to gold jewellery purchases in Raichur. However, GST doesn't apply to plain gold bars and coins. Jewellers in Raichur must display GST separately on invoices. Always request itemized bills showing gold weight, purity, making charges, and GST separately.

Do Raichur jewellers offer hallmarked gold?

Yes, many reputable jewellers in Raichur offer BIS-hallmarked gold, ensuring certified purity and quality. Hallmarking is voluntary but recommended for buyer protection. Look for the BIS hallmark symbol on ornaments purchased in Raichur. This guarantees authenticity and facilitates resale or exchange later.

Gold buying customs and festivals in Raichur

Gold Buying Customs and Festivals in Raichur Raichur, situated in Karnataka's northern region, follows the traditional gold buying patterns prevalent across South India, with significant peaks during auspicious occasions and festivals. The city's gold market experiences heightened activity during several key periods throughout the year. Akshaya Tritiya, celebrated in April or May, stands as one of the most significant occasions for gold purchases in Raichur. According to the World Gold Council, this festival witnesses some of the highest gold buying volumes across India, as the day is considered auspicious for investments and acquisitions. Similarly, Dhanteras, occurring in October or November during the Diwali season, drives considerable gold demand. This festival, dedicated to Lord Kuber (the deity of wealth), traditionally encourages households to purchase gold jewellery and coins as symbols of prosperity. Pushya Nakshatra, another auspicious lunar day, also prompts gold buying activity in the region. Many families in Raichur plan their gold purchases around this nakshatra, viewing it as an optimal time for jewellery acquisitions. Additionally, the broader Diwali festival season witnesses sustained gold buying across the city, as families invest in ornaments and gifts. Wedding seasons significantly influence Raichur's gold market dynamics. In Karnataka, weddings typically peak during specific months, with families purchasing substantial quantities of gold jewellery for bridal trousseaus and ceremonial purposes. This seasonal pattern contributes to elevated demand in the local market. Regarding gold preferences, Raichur aligns with broader South Indian trends where 22-karat gold dominates consumer choices. This purity level is preferred for jewellery due to its balance between durability and gold content, making it ideal for daily wear ornaments. While 24-karat gold coins and investment pieces are available, they represent a smaller market segment compared to North India, where such pure gold investments are more prevalent. Local jewellers in Raichur maintain traditional practices during festival seasons, often offering special designs and competitive pricing during peak buying periods. The city's gold market reflects the cultural significance of gold in South Indian society, where it serves both as jewellery and as a trusted investment vehicle. Understanding these seasonal patterns and preferences remains essential for both consumers and industry participants in Raichur's gold market.

Factors affecting gold rate in Raichur

Factors Affecting Gold Rate in Raichur

Gold prices in Raichur, like other parts of India, are influenced by a complex interplay of international and domestic factors. Understanding these elements helps consumers and investors make informed decisions about buying and selling gold.

International Spot Price (London Bullion Market)

The London Bullion Market serves as the global benchmark for gold pricing. The daily fixing at 10:30 AM and 3:00 PM GMT directly influences gold rates worldwide. Since India imports a significant portion of its gold, international spot prices form the foundation for domestic pricing. Any fluctuation in global gold quotations immediately reflects in Raichur's gold markets.

USD/INR Exchange Rate

Gold is traded internationally in US dollars. The rupee-to-dollar exchange rate plays a crucial role in determining domestic gold prices. When the Indian rupee weakens against the dollar, gold becomes more expensive for Indian importers, pushing prices higher in Raichur. Conversely, a stronger rupee makes gold more affordable locally.

Import Duty and GST in India

India levies import duty on gold, currently set at 15 percent. Additionally, Goods and Services Tax (GST) of 5 percent is applicable on gold purchases. These government levies significantly impact the final price consumers pay in Raichur. Any changes in import tariffs or tax policies directly affect local gold rates.

Local Supply-Demand Dynamics

Raichur's gold market responds to local buying and selling pressures. During periods of high demand, jewellers may increase prices, while surplus supply can lead to price reductions. Local jewellers' inventory levels and customer preferences influence daily rate fluctuations.

Wedding and Festival Seasons

Seasonal demand significantly impacts gold rates in Raichur. Wedding seasons and major festivals like Diwali and Akshaya Tritiya witness increased gold purchases. This heightened demand often pushes prices upward during these periods. Post-festival seasons typically see price corrections as demand normalises.

RBI Policy and Global Central Bank Purchases

The Reserve Bank of India's monetary policies influence gold demand and pricing. Additionally, central banks worldwide, including the RBI, purchase gold as part of their foreign reserves. Large-scale institutional buying or selling can create significant price movements that affect Raichur's markets.

Geopolitical and Economic Uncertainty

Global geopolitical tensions, trade wars, and economic uncertainties drive investors towards gold as a safe-haven asset. During periods of market volatility or political instability, gold demand increases, pushing prices higher in Raichur. Economic indicators like inflation rates and interest rates also influence investor sentiment towards gold.

Raichur residents and investors should monitor these factors regularly to understand gold price movements and make strategic purchasing decisions aligned with their financial goals.

How to buy gold in Raichur

How to Buy Gold in Raichur: A Complete Guide

Decide Your Purpose
Before purchasing gold in Raichur, clarify whether you're buying for personal jewelry, investment purposes, or as a gift. Investment-grade purchases typically favor pure gold coins or bars, while jewelry selections depend on aesthetic preferences. Understanding your purpose helps determine the appropriate purity level and form of gold to purchase.
Choose the Right Purity
Gold purity varies significantly. Pure gold (24K) is ideal for investment in coins and bars, offering maximum value retention. However, 22K gold is the standard for jewelry in India, balancing purity with durability. For diamond settings and intricate designs, 18K gold provides better structural integrity. Select based on your intended use and budget constraints.
Verify BIS Hallmark and HUID
Always purchase gold with the Bureau of Indian Standards (BIS) hallmark, which guarantees purity. The Hallmark Unique Identification (HUID) number on your certificate ensures traceability and authenticity. Request the hallmark certificate from jewelers in Raichur and verify it matches the purchased item's weight and purity before finalizing payment.
Compare Current Rates
Check the Indian Bullion Jewellers Association (IBJA) national rate daily before purchasing. Compare this benchmark rate with rates displayed by local Raichur jewelers. Rates may vary slightly between shops due to market conditions, but significant discrepancies warrant visiting other jewelers for better pricing.
Understand Making Charges and GST
Making charges are labor costs for crafting jewelry, typically ranging from 6-15% of gold cost depending on design complexity. Additionally, 18% GST applies to both gold and making charges. Request a detailed breakdown of these costs before purchase to avoid surprises at checkout.
Request an Itemized Bill
Obtain a comprehensive bill detailing gold weight, purity, rate per gram, making charges, GST amount, and total cost. This document serves as proof of purchase and is essential for insurance claims and future resale. Ensure all details match the physical gold items purchased.
Consider Storage and Insurance
For significant gold purchases, explore secure storage options including bank lockers or specialized vaults in Raichur. Obtain comprehensive insurance coverage that protects against theft, loss, or damage. Keep your purchase bill and hallmark certificate in a safe location separate from the gold itself for insurance purposes.

Final Tips: Purchase from established, reputable jewelers in Raichur with verified credentials. Avoid making large purchases during festivals when demand is high and prices peak. Building relationships with trusted jewelers often yields better rates for future transactions.

Gold rate trend in Raichur

30-day low

₹11,680

30-day high

₹16,787

30-day average

₹15,146

Today

₹16,301

Last 10 days · 24K & 22K · Raichur

Date	24K /g	22K /g	Δ 24K
03 Jun 2026	₹16,301	₹14,932	▼ -0.62%
02 Jun 2026	₹16,403	₹15,025	▲ +0.32%
01 Jun 2026	₹16,351	₹14,978	▼ -1.13%
31 May 2026	₹16,538	₹15,149	▼ -0.57%
30 May 2026	₹16,633	₹15,236	▲ +0.51%
29 May 2026	₹16,549	₹15,159	▲ +0.18%
28 May 2026	₹16,520	₹15,132	▲ +4.23%
27 May 2026	₹15,850	₹14,518	▼ -3.52%
26 May 2026	₹16,428	₹15,048	▲ +0.05%
25 May 2026	₹16,420	₹15,041	▲ +3.19%
24 May 2026	₹15,913	₹14,576	— +0.00%

# Jewellery Markets in Raichur Raichur, a tier 3 city in northern Karnataka, has a modest but established jewellery market that serves both local residents and buyers from surrounding districts. The city's main jewellery markets are concentrated in the central commercial areas, where dozens of established jewellers operate traditional retail shops alongside a few modern jewellery stores. ## Market Location and Development The jewellery trade in Raichur is primarily distributed across the city's central business district, with shops clustered in areas that have traditionally served as commercial hubs. Unlike larger metropolitan centres with dedicated jewellery districts, Raichur's jewellery retailers are interspersed with general commerce, reflecting the city's role as a regional trading centre. The market has developed organically over decades as the city grew, with jewellers establishing themselves in high-footfall commercial zones. ## Historical Context Raichur's jewellery market reflects the broader trading traditions of northern Karnataka. Historically, the city served as an important regional centre due to its geographical location and administrative significance. The jewellery trade grew alongside general commercial activity, with local goldsmiths and jewellers establishing family businesses that have often been passed down through generations. The market remains relatively traditional in character, though modernisation has gradually introduced organised retail formats. ## Specialisations Jewellers in Raichur primarily work with gold, which remains the dominant precious metal for both investment and ornamental purposes. Silver jewellery and traditional designs featuring intricate workmanship are also available. Many established jewellers in the city specialise in: - Traditional South Indian gold jewellery designs - Bridal and festive jewellery - Customised designs and bespoke pieces - Plain gold bars and coins for investment purposes The market caters predominantly to local demand, with designs reflecting regional preferences and cultural traditions. ## Scale and Operations While Raichur's jewellery market is smaller than those in major cities, it comprises dozens of established retailers with varying operational scales. Many shops maintain family-run operations with decades of market presence. Business hours typically follow standard retail patterns, with shops remaining open during morning and afternoon sessions. ## Information for Out-of-Town Buyers Buyers visiting Raichur's jewellery markets should note that gold rates fluctuate daily based on international market movements and local factors. It is advisable to: - Verify current gold rates from reliable sources before purchasing - Request proper certification and hallmark stamps (BIS certification for Indian gold) - Compare prices across multiple established jewellers - Understand the making charges and jewellery policies before finalising purchases - Carry valid identification if purchasing significant quantities Most established jewellers in the city accept both cash and digital payment methods. The market operates on a seasonal basis, with increased activity during festival seasons and wedding months.

Top hallmarked jewellers in Raichur

Raichur, a historic city in Karnataka, hosts several nationally recognized jewellery brands that cater to the region's diverse tastes and preferences. These established chains bring trusted quality and certified precious metals to the local market. Customers in Raichur have access to pan-India jewellery retailers known for their craftsmanship and customer service standards.

Tanishq — diamond and gold jewellery.
Malabar Gold & Diamonds — gold, diamond, and precious stone jewellery.
Kalyan Jewellers — gold and diamond jewellery.
Joyalukkas — gold, diamond, and gemstone jewellery.
Senco Gold — gold and diamond jewellery.

Raichur vs other Indian metros

All rates IBJA-derived for 03 Jun 2026.

City	24K /g	22K /g	vs Raichur 24K
Raichur	₹16,301	₹14,932	—
Mumbai	₹16,222	₹14,859	₹-80
Delhi	₹16,222	₹14,859	₹-80
Bangalore	₹16,222	₹14,859	₹-80
Chennai	₹16,222	₹14,859	₹-80
Hyderabad	₹16,222	₹14,859	₹-80
Kolkata	₹16,222	₹14,859	₹-80
Pune	₹16,222	₹14,859	₹-80
Ahmedabad	₹16,222	₹14,859	₹-80