Uttar Pradesh
Gold Rate in Varanasi
Saturday, 25 April 2026
22K Gold
₹1,37,190
per 10 grams
₹13,719/ gram
₹1,09,752 / 8g • ₹13,71,900 / 100g
24K Gold
₹1,49,660
per 10 grams
₹14,966/ gram
₹1,19,728 / 8g • ₹14,96,600 / 100g
Varanasi Gold Rate — All Weights
Varanasi Gold Rate - Per Gram, 8g, 10g, 100g
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,719 | ₹14,966 |
| 8 grams | ₹1,09,752 | ₹1,19,728 |
| 10 grams | ₹1,37,190 | ₹1,49,660 |
| 100 grams | ₹13,71,900 | ₹14,96,600 |
Rate per gram - 22K: ₹13,719 | 24K: ₹14,966. Excludes GST & making charges.
Gold Rate in Varanasi 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 Varanasi 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 Varanasi
Varanasi is India's spiritual capital — one of the world's oldest continuously inhabited cities — and gold is woven into every aspect of its ancient identity. The Kashi Vishwanath temple and the ghats of the Ganga draw millions of pilgrims annually, many of whom purchase gold coins and pendants as divine offerings. Simultaneously, Varanasi's famous Banarasi silk-weaving community uses gold thread (zari) in its exquisite brocades — a craft that keeps the city in intimate contact with gold markets in ways few other cities experience. The city's Sanskrit scholars, Brahmin priests, and merchant families maintain strong gold accumulation traditions.
Where to Buy Gold in Varanasi: Key Markets
Vishwanath Gali and the lanes around the Kashi Vishwanath temple corridor host dense clusters of gold shops catering primarily to pilgrims and devotees. Godowlia Chowk and Sigra are the main retail destinations for the general buyer. Lahurabir is a significant secondary market. Branded chains — Tanishq, PC Jeweller, and Malabar Gold — have Varanasi presence in Sigra and Lanka (near BHU). The Zari market around Madanpura connects the jewellery trade to the city's famous silk-weaving industry.
Varanasi Jewellery Styles & Local Preferences
Varanasi's bridal gold follows North Indian conventions — heavy Rani Haar, Tikka, Kaleere, and Kundan-Polki sets in 22K — with a distinctly Banaras aesthetic that leans toward intricate filigree and Meenakari work. Devotional gold — Shivling pendants, Ganga-motif coins, Nandi-head chains — is a uniquely large category given the temple footfall. The Brahmin and pundit community's gifting tradition of gold coins at religious ceremonies creates a steady small-coin market distinct from bridal gold.
Festive & Seasonal Gold Demand in Varanasi
Dev Deepawali — when the ghats are lit with 800,000 lamps in November — is Varanasi's most spectacular religious occasion and draws massive pilgrimage footfall with associated gold buying. Shivratri in February–March, Navaratri, and Chhath Puja are major buying peaks. Akshaya Tritiya and Dhanteras round out the calendar. The North Indian wedding season November–February drives bridal volumes. BHU's academic calendar creates a seasonal student-and-faculty buyer population.
Buying Gold in Varanasi: Practical Tips
Vishwanath Gali shops catering primarily to pilgrims vary significantly in BIS compliance — verify HUID on the BIS Care app even at established-looking shops in the temple corridor. For larger purchases, the branded chains in Sigra or Lanka are significantly more reliable for documentation and hallmarking. Varanasi's silk-gold connection means some shops sell silk-and-gold combined pieces — ensure the bill clearly separates textile and gold components and that the gold component is separately weighed and hallmarked.
This is general guidance. Always verify prices, purity, and jeweller credentials independently before any purchase.
How the Varanasi Gold Rate Is Determined
The gold rate in Varanasi 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 Uttar Pradesh — along with wholesale bullion dealers in Varanasi — announce daily rates that further reflect local transportation costs, dealer margins, and short-term demand conditions. When you shop at a jeweller in Varanasi, 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 Varanasi jewellers often update their sticker prices each morning. For purchases above a few grams, many buyers in Varanasicall 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 Varanasi today?
Today's gold rate in Varanasi is ₹13,719 per gram for 22K (916 purity) gold and ₹14,966 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 Varanasi differ from other cities?
Gold rates in Varanasi 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 Varanasi retail jeweller is also influenced by supply-chain distance to the nearest bullion hub.
Where can I buy BIS-hallmarked gold jewellery in Varanasi?
You can buy BIS-hallmarked gold jewellery from any registered jeweller in Varanasi — 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 Varanasi with GST today?
With 3% GST included, today's gold rate in Varanasi is approximately ₹14,131 per gram for 22K gold and ₹15,415 per gram for 24K gold. On a 10-gram 22K purchase you would pay around ₹1,41,306 inclusive of GST — the GST component alone on that 10 grams is about ₹4,116. 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 Varanasi 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 Varanasi?
At today's Varanasi rate of ₹13,719 per gram for 22K gold, a 50-gram bridal jewellery set would have a base metal value of approximately ₹6,85,950, 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 Varanasi 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 Varanasi. 22K is the right benchmark if you are shopping for jewellery at a Varanasi jeweller. 24K is the relevant benchmark if you are buying investment-grade gold coins, bars, Sovereign Gold Bonds, Gold ETFs, or digital gold.