Gold Rate Today (12 March 2026): IBJA Issues New Gold Rates; Tanishq, Malabar, Joyalukkas, Kalyan Prices

A fresh set of gold prices has been issued for 12 March 2026, with the India Bullion and Jewellers Association (IBJA) publishing its morning benchmark rates for the domestic bullion market.

The update arrives at a time when international uncertainty remains elevated, as investors continue to watch geopolitical developments, oil market volatility and currency swings that are shaping demand for precious metals.

For India's jewellery trade, the IBJA rates act as a widely followed daily benchmark. Retailers and bullion dealers use these figures as a base reference before applying taxes, making charges and brand-specific premiums to arrive at final selling prices.

IBJA Gold Rates Issued For 12 March 2026

As per the indicative benchmark figures released by IBJA for 12 March 2026 (AM), the rates for major gold purities are:

• Fine Gold (999): Rs 16,261 per gram
• 22 KT Gold: Rs 14,906 per gram
• 20 KT Gold: Rs 13,551 per gram
• 18 KT Gold: Rs 12,196 per gram
• 14 KT Gold: Rs 9,486 per gram

These benchmark values are closely tracked by the bullion trade as they reflect the latest movement in wholesale gold pricing across the Indian market.

Latest Retail Gold Prices At Leading Jewellery Brands

The rates seen at jewellery stores are generally higher than bullion benchmarks because retailers add operational costs and product-level charges. Pricing can also differ between brands depending on demand and local market conditions.

Based on the latest available retail updates, the approximate 22K gold jewellery prices at major chains are:

• Tanishq: Rs 14,955 per gram
• Malabar Gold & Diamonds: Rs 14,915 per gram
• Joyalukkas: Rs 14,915 per gram
• Kalyan Jewellers: Rs 14,915 per gram

These prices can vary slightly from one city to another depending on logistics, regional demand and store-level revisions.

Why Gold Is Staying In Focus Globally

Gold remains in focus as global investors assess ongoing risks in international markets. Concerns linked to trade routes, energy supply disruptions and movement in crude oil prices have kept safe-haven buying active in bullion.

Apart from geopolitical concerns, exchange rate fluctuations also influence domestic gold pricing. Since international gold is traded in US dollars, changes in the rupee-dollar equation directly affect how global prices are reflected in India.

Things Buyers Should Check Before Purchasing Jewellery

The IBJA figures offer a benchmark for bullion value, but jewellery buyers usually pay more than the quoted market rate.

The final store price generally includes 3% GST, along with making charges and design-related premiums, which vary by retailer and product type. For this reason, buyers should always check the full bill carefully and compare the breakup before making a purchase.