Srinagar, Jammu and Kashmir, India

Gold Price

24K per gram ₹15,889.21
22K per gram ₹14,565.28
18K per gram ₹12,234.84

Last rate update: Mon, Jun 1, 2026 3:13 PM

24K price performance

▲ Up ₹680.78 (+4.4%) over 31 days

Calculation output

Line itemValue
Rate per gram₹15,889.21
Weight in grams10.000
Gold value₹1,58,892.10
Chargeable weight10.000
Making charge₹0.00
GST amount₹4,766.76
Total₹1,58,892.10

Recent rate history

Date Avg Price Status
Jun 01, 2026 ₹15,981.24 Verified
May 31, 2026 ₹16,031.85 Verified
May 30, 2026 ₹16,022.04 Verified
May 29, 2026 ₹15,958.28 Verified
May 28, 2026 ₹15,949.71 Verified
May 27, 2026 ₹16,086.72 Verified
May 26, 2026 ₹16,160.91 Verified
May 25, 2026 ₹16,176.61 Verified
May 24, 2026 ₹16,141.34 Verified
May 23, 2026 ₹16,158.61 Verified

In Srinagar, Jammu and Kashmir, as of 14 May 2026, gold prices remain stable across various purities. The 24-karat gold is valued at approximately 16,491.92 INR per gram, reflecting recent market steadiness. Gold's value can fluctuate based on global and local economic factors, but current trends suggest a cautious optimism among investors and buyers in Srinagar. Whether you're considering purchasing gold jewelry, coins, or bars, understanding the current rates and market dynamics is essential. Local demand, seasonal trends, and international gold prices influence the pricing in Srinagar, making it important for buyers to stay informed. This snapshot provides a clear overview of gold's current market standing, helping you make more informed decisions whether you're a collector, investor, or someone purchasing jewelry for personal use.

Market

Market pulse

Gold prices in Srinagar have shown stability over recent weeks, with minimal fluctuations. The current rate for 24-karat gold is around 16,491.92 INR per gram, and the market trend indicates steady demand among local buyers. Global economic factors and currency stability continue to influence gold prices, but recent data suggests a cautious outlook with potential for slight increases. Investors and buyers should monitor local and international markets closely, especially as global economic conditions evolve. The recent upward movement on May 13 and 14 hints at a resilient market, but ongoing fluctuations are possible. Staying updated with local rates and international trends will help in making timely purchasing decisions in Srinagar.

Guide

Buyer playbook

To ensure a smooth gold buying experience in Srinagar, start by researching current rates for the purity you're interested in, such as 24K or 22K, which as of 14 May 2026 are 16,491.92 INR and 15,117.76 INR per gram respectively. Always verify the purity markings and hallmarks on the gold items to confirm quality. When purchasing jewelry or bars, ask for certification and receipts that detail the weight and purity. Compare prices from multiple local vendors to ensure you're getting a fair deal, especially during peak buying seasons. Be aware of any additional charges like making fees or taxes. If you're buying gold coins or bars, consider storage options and insurance. Keeping these practices in mind will help you make informed decisions and protect your investment in Srinagar's dynamic market.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Confirm certification and authenticity.
  4. Compare prices from multiple vendors.
  5. Understand additional charges like making fees or taxes.
  6. Consider secure storage and insurance options for your gold.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current price of 24K gold in Srinagar?

As of 14 May 2026, 24K gold in Srinagar is priced at approximately 16,491.92 INR per gram.

How can I verify the purity of gold in Srinagar?

Check for official hallmarks and certification on the gold item to ensure purity and authenticity.

Are there any additional costs when buying gold in Srinagar?

Yes, vendors may charge making fees, taxes, or other service charges. Always ask for a detailed breakdown.

Is it better to buy gold jewelry or bars in Srinagar?

It depends on your purpose; jewelry offers aesthetic value, while bars are often preferred for investment. Compare prices and purity before purchasing.

How should I store my gold after purchase in Srinagar?

Consider secure storage options such as safes or bank lockers, and insure your gold for added security.

Will gold prices in Srinagar increase soon?

Gold prices are influenced by global economic factors and local demand. Recent trends show stability, but fluctuations are possible based on market conditions.