Medinīpur, West Bengal, India

Gold Price

24K per gram ₹14,922.10
22K per gram ₹13,678.35
18K per gram ₹11,191.81

Last rate update: Fri, Aug 7, 2026 4:04 AM

24K price performance

▲ Up ₹484.80 (+3.4%) over 31 days

Calculation output

Line itemValue
Rate per gram₹14,922.10
Weight in grams10.000
Gold value₹1,49,221.00
Chargeable weight10.000
Making charge₹0.00
GST amount₹4,476.63
Total₹1,49,221.00

Recent rate history

Date Avg Price Status
Aug 07, 2026 ₹14,922.10 Verified
Aug 06, 2026 ₹14,839.46 Verified
Aug 05, 2026 ₹14,489.12 Verified
Aug 04, 2026 ₹14,355.62 Verified
Aug 03, 2026 ₹14,372.97 Verified
Aug 02, 2026 ₹14,372.97 Verified
Aug 01, 2026 ₹14,380.86 Verified
Jul 31, 2026 ₹14,405.23 Verified
Jul 30, 2026 ₹14,365.78 Verified
Jul 29, 2026 ₹14,317.28 Verified

In Medinipur, West Bengal, as of 14 May 2026, gold prices for 24-karat purity stand at approximately ₹16,177.81 per gram. Gold remains a popular investment choice among residents, especially given its historical significance and stability during market fluctuations. The recent trend shows a steady increase in prices, with notable fluctuations over the past month. Understanding current rates and market conditions can help buyers make informed decisions whether they are purchasing gold jewelry, coins, or bars. Local buyers should also consider purity levels and market trends to optimize their investments. With gold prices influenced by global and domestic factors, staying updated on the latest data is essential for making prudent purchasing choices in Medinipur.

Market

Market pulse

Gold prices in Medinipur have experienced a gradual upward trend as of mid-May 2026, reaching around ₹16,177.81 for 24-karat gold. The market has shown stability with minor fluctuations, reflecting steady demand in India. Recent data indicates an increase from earlier levels in April, driven by global economic factors and local market sentiment. Investors and buyers should monitor daily price movements and global trends to better understand potential shifts. While gold remains a favored safe-haven asset, local economic conditions and currency fluctuations can influence prices further. Staying informed about current rates and market dynamics can help in timing purchases effectively.

Guide

Buyer playbook

To make informed gold purchases in Medinipur, start by researching current rates for the desired purity, such as ₹16,177.81 per gram for 24-karat gold as of 14 May 2026. Verify the purity and authenticity of the gold through official markings and trusted vendors. Compare prices from multiple sellers to ensure competitive rates, and inquire about additional costs like making charges or taxes. Consider the form of gold—jewelry, coins, or bars—and assess your investment goals. Keep documentation of your purchase for future reference or resale. Lastly, stay updated on market trends and global influences that could impact gold prices, helping you time your purchase for optimal value.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Confirm seller credentials.
  4. Inspect gold for authenticity.
  5. Understand additional charges.
  6. Keep purchase documentation.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current gold rate in Medinipur?

As of 14 May 2026, the gold rate for 24-karat purity in Medinipur is approximately ₹16,177.81 per gram.

How can I verify the purity of gold in Medinipur?

Check for official purity markings and buy from trusted vendors to ensure authenticity.

Are there additional costs when buying gold in Medinipur?

Yes, additional charges like making charges, taxes, and handling fees may apply depending on the seller.

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

It depends on your purpose—jewelry is suitable for adornment, while bars are often preferred for investment purposes.

How has the gold price changed recently in Medinipur?

Recent data shows a steady increase from around ₹15,121.55 in April to over ₹16,169.68 in mid-May 2026.

Should I wait for prices to drop before buying gold in Medinipur?

Gold prices fluctuate based on global and local factors; timing your purchase depends on market trends and personal needs.