Gold Rate Today (7 March 2026): IBJA Gold Prices Updated; Retail Rates At Tanishq, Malabar, Kalyan, Joyalukkas

Updated: Saturday, March 7, 2026, 14:47 [IST]

Gold prices in India saw a slight movement on 7 March 2026, according to the latest indicative data released by the India Bullion and Jewellers Association (IBJA). The bullion body publishes benchmark prices for different gold purities that are widely used across the domestic jewellery market.

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On March 7, 2026, IBJA benchmark rates for gold were Rs 16,226/gram for 999 fine and Rs 14,874/gram for 22K, excluding GST and making charges. Major retailers like Tanishq priced 22K gold around Rs 14,810/gram.

These indicative rates reflect bullion market trends and serve as a reference point for jewellers across the country. However, the prices do not include 3% GST and making charges, which are added to the final price when consumers purchase jewellery.

IBJA Gold Prices On 7 March 2026

As per the IBJA indicative retail selling rates issued on 7 March 2026 (AM), the benchmark gold prices across various purities are:

Fine Gold (999): Rs 16,226 per gram
22 KT Gold: Rs 14,874 per gram
20 KT Gold: Rs 13,522 per gram
18 KT Gold: Rs 12,170 per gram
14 KT Gold: Rs 9,465 per gram

These prices are used as a benchmark in the bullion market and help determine jewellery pricing across different cities.

Retail Gold Prices At Major Jewellery Brands

Retail jewellery prices can differ from bullion benchmarks due to logistics costs, brand pricing strategies and regional demand. According to the latest available updates from major jewellery retailers, the 22K gold jewellery prices are:

Tanishq: Rs 14,810 per gram
Malabar Gold & Diamonds: Rs 14,770 per gram
Joyalukkas: Rs 14,770 per gram
Kalyan Jewellers: Rs 14,770 per gram

These retail prices may vary depending on the city, state taxes and individual store policies.

Why Gold Prices Vary For Buyers

While IBJA rates indicate the base bullion value, the final price paid by customers at jewellery stores includes GST, making charges and design-related premiums. Because of these additional costs, the retail price of gold jewellery is usually higher than the benchmark bullion rate.

Gold prices in India typically move in line with global bullion trends, currency fluctuations and local demand from investors and jewellery buyers.