Gujarat
Gold Rate in Surat
Tuesday, 26 May 2026
22K Gold
₹1,34,490
per 10 grams
₹13,449/ gram
₹1,07,592 / 8g • ₹13,44,900 / 100g
24K Gold
₹1,46,710
per 10 grams
₹14,671/ gram
₹1,17,368 / 8g • ₹14,67,100 / 100g
Surat Gold Rate — All Weights
Surat Gold Rate - Per Gram, 8g, 10g, 100g
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,449 | ₹14,671 |
| 8 grams | ₹1,07,592 | ₹1,17,368 |
| 10 grams | ₹1,34,490 | ₹1,46,710 |
| 100 grams | ₹13,44,900 | ₹14,67,100 |
Rate per gram - 22K: ₹13,449 | 24K: ₹14,671. Excludes GST & making charges.
Gold Rate in Surat with GST (3%)
Every gold purchase in India attracts 3% GST on the metal value. The prices below show what you actually pay at a Surat jeweller — base rate plus GST — before making charges.
GST is charged at 3% on gold value only. Making charges typically attract 5% GST separately and are not included above.
Gold Market in Surat
Surat, the world's largest diamond cutting and polishing centre, has a gold market that is deeply intertwined with its diamond trade. Many of Surat's diamond processors and traders are also substantial buyers of gold, both for investment and for producing diamond-set jewellery. The Gujarati merchant community's savings culture makes Surat one of India's highest-per-capita buyers of gold bars and coins.
Where to Buy Gold in Surat: Key Markets
Mahidharpura and Varachha are Surat's traditional diamond-trading districts, and many of the same traders operate parallel gold-buying networks. Chowk Bazaar and Main Road area host long-standing jewellery retailers. For branded retail, Ring Road, Adajan, and Vesu concentrate the modern showroom footprint — Reliance Jewels, Tanishq, Joyalukkas, Senco, and Kalyan Jewellers all maintain Surat presence. Katargam is another active retail belt with a mix of mid-market and premium jewellers.
Surat Jewellery Styles & Local Preferences
Surat buyers tilt more heavily toward 24K coins, biscuits, and small bars than most Indian cities — investment-grade rather than jewellery-first buying is the norm. When jewellery is purchased, Gujarati traditional designs dominate: Kundan sets, Jadau, heavy Mangalsutras, and diamond-studded 22K or 18K pieces. Diamond-set jewellery naturally has a strong local base given Surat's dominance in the diamond trade, and buyers often supply their own stones to goldsmiths for custom setting.
Festive & Seasonal Gold Demand in Surat
Diwali and Dhanteras are the dominant festive peaks, reflecting the city's Gujarati calendar. Labh Pancham, Akshaya Tritiya, and Navratri also drive retail activity. Surat's textile and diamond industry cycles create additional, less predictable demand spikes — prosperous trading quarters often see bulk gold coin purchases as a year-end savings allocation. The city's wedding season broadly aligns with the pan-Gujarati calendar of November–February and April–May.
Buying Gold in Surat: Practical Tips
Surat is one of the most price-competitive markets in India for gold coins and bars — the dense trader network keeps margins thin. Always buy BIS hallmarked 24K coins (999 purity) and ensure the piece carries a proper invoice, assay certificate, and tamper-evident packaging from a recognised refiner (MMTC-PAMP, RBI-certified banks, or large authorised jewellers). For diamond-set jewellery, insist on separate IGI or GIA certification for the stones, and verify that the gold portion is BIS hallmarked and HUID-verified.
This is general guidance. Always verify prices, purity, and jeweller credentials independently before any purchase.
How the Surat Gold Rate Is Determined
The gold rate in Surat is not arbitrarily set. It is derived from a chain that begins with the international spot price, typically quoted in US dollars per troy ounce on the COMEX and LBMA. That dollar figure is converted into Indian rupees per 10 grams using the prevailing USD-INR exchange rate. Customs duty on gold imports and a 3% GST are then layered on top to arrive at a landed domestic price.
Local jewellers' associations in Gujarat — along with wholesale bullion dealers in Surat — announce daily rates that further reflect local transportation costs, dealer margins, and short-term demand conditions. When you shop at a jeweller in Surat, the sticker price you see per gram is this local-adjusted base rate. On top of that, the final invoice adds making charges (typically 8–25% of the gold value, depending on the design), any wastage charges, stone weight (if the piece has diamonds or gemstones), and 3% GST on the total.
Rates can move within the day in response to global price shifts and rupee movements, which is why Surat jewellers often update their sticker prices each morning. For purchases above a few grams, many buyers in Suratcall or check online for the day's quoted rate before visiting the showroom.
Related Pages
Gold Rate by Karat
Frequently Asked Questions
What is the gold rate in Surat today?
Today's gold rate in Surat is ₹13,449 per gram for 22K (916 purity) gold and ₹14,671 per gram for 24K (999 purity) gold. These are indicative base rates excluding 3% GST, making charges, and any stone or wastage charges your jeweller may add.
Why does the gold rate in Surat differ from other cities?
Gold rates in Surat can vary slightly from the national average because of local jewellers' association quotes, state-specific levies, transportation costs from import ports, and the concentration of wholesale bullion dealers. The base gold price is set globally, but the landed cost to a Surat retail jeweller is also influenced by supply-chain distance to the nearest bullion hub.
Where can I buy BIS-hallmarked gold jewellery in Surat?
You can buy BIS-hallmarked gold jewellery from any registered jeweller in Surat — look for the BIS triangle logo, the purity stamp (916 for 22K or 999 for 24K), and the six-character HUID code etched onto the piece. Verify the HUID on the BIS Care mobile app before paying. Major branded chains and long-established family jewellers in the city typically maintain full BIS compliance.
What is the gold rate in Surat with GST today?
With 3% GST included, today's gold rate in Surat is approximately ₹13,852 per gram for 22K gold and ₹15,111 per gram for 24K gold. On a 10-gram 22K purchase you would pay around ₹1,38,525 inclusive of GST — the GST component alone on that 10 grams is about ₹4,035. Note that making charges, wastage, and stone-setting fees are additional and are also subject to GST (typically 5% on making charges). Always ask your Surat jeweller for a GST-compliant tax invoice that separately lists gold value, making charges, and the GST amount.
How much gold does a typical bridal set cost in Surat?
At today's Surat rate of ₹13,449 per gram for 22K gold, a 50-gram bridal jewellery set would have a base metal value of approximately ₹6,72,450, before making charges (typically 8–25%) and 3% GST. A full traditional bridal trousseau often involves 100 grams or more of 22K gold across multiple pieces, and the overall invoice can be significantly higher once making charges, wastage, and stone components are added.
Is the gold rate in Surat for 22K or 24K?
We publish both 22K (916 purity, used in almost all Indian jewellery) and 24K (999 purity, used in investment coins, bars, and digital gold products) rates for Surat. 22K is the right benchmark if you are shopping for jewellery at a Surat jeweller. 24K is the relevant benchmark if you are buying investment-grade gold coins, bars, Sovereign Gold Bonds, Gold ETFs, or digital gold.