Gold Prices Rise Today: Rates for 22k and 24k Gold at Tanishq, Malabar, and Kalyan
Source: ET Wealth
Gold prices across India witnessed an upward trend on July 15, 2026, as major jewellers adjusted their retail rates. Leading brands including Tanishq and Malabar Gold reported higher prices for 22-carat gold compared to previous sessions.
- ▸Gold prices have increased across major Indian retail chains on July 15, 2026.
- ▸Tanishq and Malabar Gold & Diamonds have specifically reported higher rates for 22k gold.
- ▸Retail prices differ from IBJA benchmark rates due to making charges and local taxes.
- ▸Buyers should check for 18k, 20k, 22k, and 24k options depending on their investment or jewellery needs.
- ✓Gold prices have increased across major Indian retail chains on July 15, 2026.
- ✓Tanishq and Malabar Gold & Diamonds have specifically reported higher rates for 22k gold.
- ✓Retail prices differ from IBJA benchmark rates due to making charges and local taxes.
- ✓Buyers should check for 18k, 20k, 22k, and 24k options depending on their investment or jewellery needs.
Gold prices in India saw a notable increase on July 15, 2026, reflecting a shift in market sentiment and retail demand. Major jewellery chains across the country, including Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers, updated their daily price charts to reflect the higher costs for both 22-carat and 24-carat gold.
Retail Price Trends
The price hike was primarily driven by adjustments made by prominent jewellers. Tanishq and Malabar Gold & Diamonds reported a rise in the rates for 22-carat gold, which is the standard purity used for most traditional Indian jewellery. These retail prices often include a premium over the wholesale rates due to making charges, overheads, and local taxes that vary by state.
IBJA Indicative Rates
The India Bullion and Jewellers Association (IBJA) provided indicative rates for various purities, serving as a benchmark for the industry. These rates cover:
- 24-carat gold (99.9% purity)
- 22-carat gold (91.6% purity)
- 20-carat gold
- 18-carat gold
While IBJA rates provide a national baseline, the final price a consumer pays at a retail outlet like Kalyan Jewellers or Joyalukkas will typically include Goods and Services Tax (GST) of 3% and additional making charges.
What is Driving the Change?
Gold price fluctuations in India are influenced by a mix of international spot prices, the strength of the Indian Rupee against the US Dollar, and local seasonal demand. As jewellers adjust their rates upward, retail buyers are encouraged to compare prices across different brands, as making charges and promotional discounts can significantly impact the final bill.
Gold rates are subject to market volatility and local taxes; please verify with your local jeweller before transacting.
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Frequently Asked Questions
Why do gold prices differ between Tanishq and Malabar Gold?
While the base gold rate is similar, different jewellers apply different making charges and may have varying procurement costs or regional overheads.
What is the difference between 22k and 24k gold?
24k gold is 99.9% pure and is usually used for coins or bars, while 22k gold contains 91.6% gold mixed with other metals to make it durable for jewellery.
Does the IBJA rate include GST?
No, IBJA indicative rates are usually exclusive of GST. A 3% GST is added to the final value at the time of purchase.
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