24K price performance
▲ Up ₹584.74 (+3.9%) over 31 days
Indore, Madhya Pradesh, India
Gold Price
24K per gram
₹15,627.00
22K per gram
₹14,325.00
18K per gram
₹11,722.00
Last rate update: Mon, Jun 1, 2026 1:03 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,627.00 |
| Weight in grams | 10.000 |
| Gold value | ₹1,56,270.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,688.10 |
| Total | ₹1,56,270.00 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹15,687.74 | Verified |
| May 31, 2026 | ₹15,705.51 | Verified |
| May 30, 2026 | ₹15,729.00 | Verified |
| May 29, 2026 | ₹15,711.27 | Verified |
| May 28, 2026 | ₹15,688.47 | Verified |
| May 27, 2026 | ₹15,856.50 | Verified |
| May 26, 2026 | ₹15,911.35 | Verified |
| May 25, 2026 | ₹15,931.43 | Verified |
| May 24, 2026 | ₹15,911.00 | Verified |
| May 23, 2026 | ₹15,920.90 | Verified |
In Indore, Madhya Pradesh, as of 12 May 2026, gold prices for 24-karat purity stand at approximately ₹15,403 per gram. Gold remains a popular investment and jewelry choice in India, with prices influenced by global markets, currency fluctuations, and local demand. Over recent weeks, gold prices have experienced some fluctuations, reflecting market dynamics and investor sentiment. Whether you're buying gold jewelry, coins, or bars, understanding current rates and market trends can help you make informed decisions. Local buyers in Indore should stay updated on daily price changes and verify purity and authenticity before purchasing. Gold's enduring value makes it a preferred asset for many in Madhya Pradesh, especially during festive seasons and special occasions. As of the latest data, gold prices have remained relatively stable, providing a reliable benchmark for buyers and investors alike.
Market
Market pulse
Gold prices in Indore have shown stability with slight fluctuations over the past month, closing at around ₹15,403 for 24K purity as of 12 May 2026. The market remains influenced by global economic factors, currency movements, and local demand. Recent trends indicate a cautious optimism among buyers, with prices holding steady despite minor daily variations. Investors and jewelry buyers in Madhya Pradesh should monitor these trends closely, as market conditions can shift rapidly. Overall, gold continues to be a resilient asset in the region, offering a hedge against economic uncertainties and serving as a valuable addition to personal portfolios.
Guide
Buyer playbook
When purchasing gold in Indore, Madhya Pradesh, start by researching current market rates for the purity you desire, such as 24K at approximately ₹15,403 per gram. Always verify the purity markings and authenticity of the gold, ensuring it meets recognized standards. Consider the form of gold—jewelry, coins, or bars—and compare prices from reputable dealers. Check for any additional charges like making fees or taxes that could affect the total cost. If buying jewelry, inspect craftsmanship and ask for certification if available. Keep records of your purchase, including receipts and assay reports, for future reference. Stay informed about market trends and price fluctuations to time your purchase effectively, especially during festive seasons or special sales events in Madhya Pradesh.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect the gold for authenticity.
- Compare prices from multiple dealers.
- Review additional charges like making fees.
- Keep all purchase documentation.
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FAQ
Frequently asked questions
What is the current price of 24K gold in Indore?
As of 12 May 2026, 24K gold in Indore is approximately ₹15,403 per gram.
How can I verify the purity of gold in Madhya Pradesh?
Check for official purity markings and consider testing the gold with a professional assay or using a gold testing kit.
Are there additional costs when buying gold jewelry in Indore?
Yes, additional charges such as making fees, taxes, and processing charges may apply. Always ask for a detailed invoice.
Is it better to buy gold coins or jewelry in Madhya Pradesh?
It depends on your purpose; coins typically have lower making charges and are easier to resell, while jewelry offers aesthetic value.
How often do gold prices fluctuate in Indore?
Gold prices can fluctuate daily based on global markets and local demand, with recent trends showing relative stability.
What should I do if I suspect counterfeit gold?
Have the gold tested by a certified jeweler or assay center and avoid purchasing from unverified sources.