Weight	24K (999)	22K (916)	18K (750)	Silver
1 gram	₹16,296	₹14,928	₹12,222	₹266.87
8 grams	₹130,371	₹119,420	₹97,779	—
10 grams	₹162,964	₹149,275	₹122,223	—
1 tola (11.66 g)	₹190,078	₹174,112	₹142,559	—
100 grams	₹1,629,641	₹1,492,752	₹1,222,232	₹266,866 (per kg)
Change vs yesterday	▼ -0.62%	▼ -0.62%	—	▼ -2.58%

Gold rate today in Udaipur — overview

Udaipur's gold market operates as a significant jewellery trading hub in Rajasthan, with the Indian Bullion Jewellers Association (IBJA) rates serving as the primary benchmark for local gold valuations. As a Tier 3 city with a population of approximately 451,100, Udaipur has established itself as an important centre for gold jewellery manufacturing and retail, drawing traders and consumers from across the region. The city's gold market dynamics are shaped by both national economic factors and local demand patterns, making rate tracking essential for jewellers, investors, and buyers operating in this space. Gold holds particular cultural and economic significance in Udaipur, with jewellery purchases traditionally concentrated around festival seasons and wedding periods that define the local calendar. The region's affinity for gold jewellery, combined with its established manufacturing infrastructure, creates distinct seasonal fluctuations in market activity. Understanding Udaipur's gold rates requires awareness of these regional patterns, as local demand cycles often diverge from all-India trends. The city's jewellery district continues to play a vital role in the broader Rajasthan gold market, with rates influenced by both IBJA benchmarks and local trading practices that have developed over decades of commercial activity.

Common questions about gold rate in Udaipur

What is the gold rate in Udaipur today?

Gold rates in Udaipur are updated daily based on international spot prices and the Indian Bullion Jewellers Association (IBJA) standards. For current rates, check with local Udaipur jewellers or the IBJA website. Rates fluctuate based on global market conditions, currency values, and demand.

How is the gold rate in Udaipur determined?

Udaipur's gold rates follow the IBJA guidelines, which are based on London Bullion Market Association (LBMA) prices converted to Indian rupees. Local factors like demand, jeweller margins, and GST also influence final prices. The RBI monitors these rates for monetary policy purposes.

Why does gold rate vary across cities in India?

Gold rates vary across Indian cities due to local demand, transportation costs, jeweller margins, and regional preferences. While the base rate is standardized through IBJA, cities like Udaipur may have slight variations. Local taxes and jeweller competition also affect final pricing in different regions.

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

24K gold is pure gold (99.9%), while 22K contains 91.67% gold with alloy metals for durability. 22K is preferred for jewellery as it's stronger and more affordable than 24K. Both are available in Udaipur, with 22K being more commonly purchased for ornaments and jewellery items.

What are typical making charges in Udaipur?

Making charges in Udaipur typically range from 8-15% of the gold weight value, depending on jewellery complexity and jeweller expertise. Charges vary for intricate designs versus simple pieces. Always confirm charges with your Udaipur jeweller before purchase to avoid surprises.

Where can I check gold purity in Udaipur?

Visit BIS-certified hallmarking centres in Udaipur to verify gold purity officially. Reputable jewellers offer hallmarked gold with BIS certification. The hallmark guarantees 22K or 24K purity standards. Ask for hallmark certificates when purchasing gold in Udaipur to ensure authenticity.

Is GST applicable on gold purchases in Udaipur?

Yes, GST at 5% is applicable on gold jewellery purchases in Udaipur. However, investment gold like bars and coins may have different GST treatment. Always ask your Udaipur jeweller for itemized invoices showing GST separately to understand total costs clearly.

Can I exchange old gold in Udaipur?

Yes, most Udaipur jewellers offer old gold exchange services. They assess your old gold's weight and purity, then deduct it from new gold purchases. Exchange rates are typically based on current market rates minus a small processing fee, making it economical for jewellery upgrades.

Gold buying customs and festivals in Udaipur

Gold Buying Customs and Festivals in Udaipur Udaipur, nestled in the heart of Rajasthan, follows deeply rooted traditions of gold purchasing that align with the lunar calendar and significant life events. The city's gold buying patterns are intrinsically linked to auspicious occasions and regional festivals, reflecting broader North Indian customs. Akshaya Tritiya, celebrated in April or May, stands as the most significant gold-buying occasion in Udaipur. According to Indian tradition, purchases made on this day are believed to bring perpetual prosperity. Jewellers across the city experience substantial footfall during this period, with customers investing in gold jewellery and coins. Similarly, Dhanteras, observed during the Hindu month of Kartik (October-November), witnesses peak gold purchases as families buy precious metals to invite wealth and good fortune into their homes. Pushya Nakshatra, another auspicious astronomical occurrence, also drives significant gold transactions in the region. These festivals are not merely commercial events but cultural practices deeply embedded in Rajasthani society, where gold acquisition is considered an investment and a spiritual endeavour. Wedding season profoundly influences Udaipur's gold market. Rajasthan's matrimonial season, typically spanning October through February, generates substantial demand for gold jewellery. Brides and grooms require elaborate gold ornaments as part of wedding traditions, making this period crucial for jewellers and retailers. Regarding gold preferences, Udaipur follows North Indian tendencies, where 22-karat gold dominates the jewellery market. This purity level balances durability with gold content, making it ideal for daily-wear ornaments and bridal jewellery. However, 24-karat gold coins and bars also gain prominence during festival seasons, particularly among investors seeking pure bullion for wealth accumulation. The city's jewellery bazaars, particularly in the old city areas, become vibrant hubs during these festivals. Traditional designs reflecting Rajasthani craftsmanship—featuring intricate filigree work and temple jewellery styles—remain popular among local buyers, though contemporary designs increasingly appeal to younger consumers. Local customs emphasise purchasing gold during daylight hours on auspicious days, with many families consulting almanacs to determine optimal purchasing times. The practice of gifting gold during weddings and significant milestones remains integral to Udaipur's social fabric, sustaining consistent demand throughout the year while experiencing notable spikes during festivals.

Factors affecting gold rate in Udaipur

Factors Affecting Gold Rate in Udaipur

The gold rate in Udaipur, like in other Indian cities, is influenced by multiple interconnected factors operating at global and local levels. Understanding these factors helps consumers and investors make informed decisions about gold purchases and investments.

International Spot Price (London Bullion Market)

The London Bullion Market (LBM) serves as the global benchmark for gold pricing. The spot price determined by major bullion dealers in London directly influences gold rates in Udaipur. Prices are quoted in US dollars per troy ounce and updated twice daily. Any fluctuations in international gold prices are reflected in Indian markets within hours, making global market movements the primary driver of local gold rates.

USD/INR Exchange Rate

Since gold is priced internationally in US dollars, the rupee-dollar exchange rate significantly impacts gold prices in India. When the Indian rupee weakens against the dollar, gold becomes more expensive for Indian importers, leading to higher prices in Udaipur. Conversely, a stronger rupee makes gold more affordable. This currency fluctuation often creates price volatility independent of actual gold supply or demand changes.

Import Duty and GST in India

India imposes a 15% import duty on gold and a 5% Goods and Services Tax (GST). These government levies directly add to the cost of imported gold, affecting retail prices in Udaipur. Changes in import duty policies or GST rates immediately influence what consumers pay at local jewellers and dealers.

Local Supply-Demand Dynamics

Udaipur's local gold supply depends on imports and recycled gold. Seasonal variations in demand from jewellers and consumers affect local prices. When demand exceeds supply, prices tend to rise, and vice versa. Local jewellers' inventory levels and purchasing patterns also influence day-to-day price movements.

Wedding and Festival Seasons

Udaipur experiences significant demand spikes during wedding seasons and major festivals like Diwali and Karva Chauth. Increased buying during these periods often pushes prices upward due to heightened demand. Festival seasons typically see higher trading volumes and premium pricing compared to off-season periods.

RBI Policy and Global Central Bank Purchases

The Reserve Bank of India's monetary policies and gold reserves management influence market sentiment. Additionally, gold purchases by central banks worldwide, particularly from emerging economies, affect global demand and prices. RBI's own gold purchases and sales impact India's gold market dynamics.

Geopolitical and Economic Uncertainty

Global geopolitical tensions, trade wars, and economic recessions increase gold's appeal as a safe-haven asset. During periods of uncertainty, investors globally rush to buy gold, driving up prices. Economic indicators like inflation rates, interest rates, and stock market performance also influence investment demand for gold in Udaipur and across India.

These factors work collectively to determine gold rates in Udaipur, with international factors typically carrying more weight than local considerations.

How to buy gold in Udaipur

How to Buy Gold in Udaipur

Udaipur, the City of Lakes, is renowned for its exquisite jewelry and thriving gold market. Whether you're a local resident or visiting tourist, purchasing gold requires knowledge and caution. This comprehensive guide will help you navigate the gold-buying process in Udaipur with confidence.

Decide Your Purpose
Before entering a jewelry store, determine why you're buying gold. Are you purchasing jewelry for personal adornment or special occasions? Investing in gold bars or coins for financial security? Or selecting a gift for a loved one? Your purpose influences the type of gold product you should buy and the purity level required. Investment purchases typically favor higher purity, while jewelry selections offer more aesthetic flexibility.
Choose the Right Purity
Gold comes in various purities suited to different needs. Pure 24K gold is ideal for investment in coins and bars, offering maximum value retention. 22K gold is the traditional choice for jewelry in India, balancing purity with durability for everyday wear. 18K gold works best for diamond settings and contemporary designs, as it's stronger and holds gemstones securely. Understanding these distinctions helps you make informed decisions aligned with your budget and requirements.
Verify BIS Hallmark (HUID)
Always insist on jewelry bearing the Bureau of Indian Standards (BIS) hallmark with a unique HUID (Hallmark Unique Identification) number. This certification guarantees purity and authenticity. Check the hallmark on the jewelry piece itself, and cross-verify with the jeweler's certificate. This step protects you from counterfeit or substandard products.
Compare Current Rates
Research the national IBJA (Indian Bullion Jewellers Association) gold rates before shopping. Compare these official rates with the jeweler's displayed rates in their store. Rates fluctuate daily based on international markets. Understanding the baseline helps you negotiate better prices and identify fair markups.
Understand Making Charges and GST
Making charges are fees for craftsmanship and typically range from 8-15% of the gold's value. GST (Goods and Services Tax) at 5% applies to both gold and making charges. Request a clear breakdown of these costs before finalizing your purchase. Some jewelers offer fixed rates, while others negotiate—don't hesitate to ask.
Obtain an Itemized Bill
Always request a detailed bill listing the gold weight, purity, making charges, GST, and total amount. This document serves as proof of purchase and is essential for insurance claims or future resale. Ensure the bill includes the jeweler's name, address, and contact information.
Consider Storage and Insurance
For significant purchases, arrange proper storage either at home in a safe or through bank lockers. Obtain comprehensive insurance coverage for your gold against theft or damage. Many jewelers offer insurance services—compare premiums and coverage options before deciding. Document your purchases with photographs and maintain receipts for insurance purposes.

Shopping for gold in Udaipur is rewarding when you're informed and cautious. Follow these steps to ensure authentic purchases and fair pricing.

Gold rate trend in Udaipur

30-day low

₹11,676

30-day high

₹16,782

30-day average

₹15,141

Today

₹16,296

Last 10 days · 24K & 22K · Udaipur

Date	24K /g	22K /g	Δ 24K
03 Jun 2026	₹16,296	₹14,928	▼ -0.62%
02 Jun 2026	₹16,398	₹15,020	▲ +0.32%
01 Jun 2026	₹16,346	₹14,973	▼ -1.13%
31 May 2026	₹16,533	₹15,144	▼ -0.57%
30 May 2026	₹16,628	₹15,231	▲ +0.51%
29 May 2026	₹16,545	₹15,155	▲ +0.18%
28 May 2026	₹16,515	₹15,128	▲ +4.23%
27 May 2026	₹15,845	₹14,514	▼ -3.52%
26 May 2026	₹16,423	₹15,043	▲ +0.05%
25 May 2026	₹16,415	₹15,036	▲ +3.19%
24 May 2026	₹15,908	₹14,572	— +0.00%

# Jewellery Markets in Udaipur Udaipur, the picturesque city in Rajasthan, hosts a vibrant jewellery market that reflects both its cultural heritage and contemporary demand. The city's main jewellery markets are concentrated in the older quarters of the city, particularly around the areas accessible from the city centre, where dozens of established jewellers operate alongside newer retail establishments. ## Historical Background Udaipur's jewellery trade has deep historical roots, shaped by the city's royal past and its significance as a cultural hub in Rajasthan. The city's jewellery craftsmanship evolved from the patronage of the erstwhile Mewar kingdom, where skilled artisans created ornaments for the royal family and nobility. This heritage continues to influence the contemporary jewellery market, with traditional design elements remaining popular alongside modern styles. ## Specializations The jewellery markets in Udaipur specialise primarily in gold and silver ornaments, with gold jewellery being the dominant segment. Traditional designs featuring intricate filigree work, kundan, and meenakari (enamelling) remain popular, reflecting Rajasthani craftsmanship. However, contemporary designs catering to modern preferences are equally available. Silver jewellery, including both traditional and contemporary pieces, forms a significant portion of the market. Diamond and gemstone jewellery is also available, though the market size for these segments is comparatively smaller than in larger metropolitan centres. ## Market Scale and Structure The jewellery retail landscape in Udaipur comprises both independent family-run jewellers and branches of established national chains. While the exact number of jewellery shops fluctuates, the market supports a substantial number of retailers catering to local demand and tourists. The market operates on both cash and credit basis, with many shops offering customisation services for customers seeking bespoke pieces. ## Information for Out-of-Town Buyers Visitors and buyers from outside Udaipur should note several important points. First, hallmarking standards are applicable, and reputable jewellers display their certifications. Second, prices vary based on purity, craftsmanship, and design complexity. Third, it is advisable to purchase from established and recognised jewellers to ensure authenticity and fair pricing. Fourth, buyers should familiarise themselves with current gold rates before making purchases, as prices fluctuate daily based on international markets. Udaipur's jewellery market offers reasonable pricing compared to major metropolitan areas, partly due to lower operational costs. However, the city's tier-3 status means that the variety of high-end designer pieces or rare gemstones may be more limited than in larger cities. Visitors are encouraged to explore multiple shops, compare designs and prices, and verify certifications before finalising purchases. The local jewellers are generally accustomed to dealing with tourists and out-of-town buyers and can often provide guidance on current market rates and jewellery selection.

Top hallmarked jewellers in Udaipur

Udaipur, the City of Lakes in Rajasthan, hosts several pan-India jewellery chains alongside traditional local artisans specializing in intricate designs. These established brands offer a wide range of gold, diamond, and precious stone jewellery with certified quality and modern retail experiences. Customers in Udaipur can access both contemporary and traditional jewellery styles through these recognized national chains.

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

Udaipur vs other Indian metros

All rates IBJA-derived for 03 Jun 2026.

City	24K /g	22K /g	vs Udaipur 24K
Udaipur	₹16,296	₹14,928	—
Mumbai	₹16,222	₹14,859	₹-75
Delhi	₹16,222	₹14,859	₹-75
Bangalore	₹16,222	₹14,859	₹-75
Chennai	₹16,222	₹14,859	₹-75
Hyderabad	₹16,222	₹14,859	₹-75
Kolkata	₹16,222	₹14,859	₹-75
Pune	₹16,222	₹14,859	₹-75
Ahmedabad	₹16,222	₹14,859	₹-75