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About DailyGoldPrice.today
Empowering Indian consumers, investors, and jewelry buyers with transparent, real-time precious metals intelligence.
1. Our Mission
Gold is deeply intertwined with Indian culture, weddings, festivals, and long-term wealth preservation. However, retail jewelry pricing in India is often opaque due to varied making charges, wastage margins, and changing GST rules. Our mission at DailyGoldPrice.today is to provide 100% transparent, real-time benchmark rates across 55+ Indian cities, paired with instant bill calculation tools to protect buyers from overpaying.
2. Data Sources & Pricing Methodology
Our benchmark prices are tracked continuously during market hours (9:30 AM to 6:00 PM IST) using multi-source verification:
- IBJA Benchmarks: Opening and closing rates from the India Bullion and Jewellers Association.
- MCX Spot & Futures: Multi Commodity Exchange domestic spot benchmark rates.
- Local Sarafa Associations: City-specific market differentials across 55+ major hubs including Bangalore, Chennai, Mumbai, Delhi, and Hyderabad.
- BIS Hallmarking Standards: Official purity benchmarks for 24K (999 pure), 22K (916 hallmark), 18K (750 hallmark), and 9K (375 hallmark).
3. Our Tools & Features
- Jewelry Bill Calculator: Calculates gross price, custom making charges (6% to 14%), store discounts, and mandatory 3% GST.
- Gold to Silver Ratio (GSR): Live ratio tracking relative valuation between gold and silver bullion.
- City-Level Tracking: Dedicated price tracking for 55+ Tier 1, 2, and 3 cities across all Indian states.
4. Editorial Integrity & Independence
DailyGoldPrice.today operates as an independent informational platform. We do not sell physical jewelry, take commissions on store sales, or provide financial advisory services. All algorithms and price datasets are updated programmatically to maintain complete neutrality.