Gold Rate Today, May 12: Check Latest IBJA, Tanishq, Kalyan, Malabar & Joyalukkas Gold Prices

Gold rate today in India rose on May 12 across leading jewellery retailers like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas. This is disappointing for buyers planning to purchase jewellery for weddings, investments, or festive occasions.

Gold Rate Today At Jwellery Stores

As per the latest retail market update, the 22-carat gold price today at major jewellery stores is as follows:

Tanishq gold price today: Rs. 13,990 per gram
Joyalukkas gold price today: Rs. 13,945 per gram
Kalyan Jewellers gold rate today: Rs. 13,945 per gram
Malabar Gold price today: Rs. 13,945 per gram

These gold prices are applicable in major Indian cities, including New Delhi, Mumbai, Chennai, Kolkata, and Bengaluru. Jewellery buyers should note that final gold jewellery prices may vary based on making charges, Wastage charges, Hallmarking fees, & 3% GST.

IBJA Gold Rates Today

The India Bullion and Jewellers Association (IBJA) released its latest benchmark bullion rates for May 12, 2026, which serve as reference prices for the Indian jewellery market.

Latest IBJA Gold Prices
24K Gold Rate (999 purity): As per IBJA bulletin
22K Gold Rate (916 purity): In line with retail rates
18K Gold Rate (750 purity): Lower pricing bracket
14K Gold Rate (585 purity): Affordable segment pricing

The IBJA gold rates do not include GST and jewellery-making charges. Actual store prices may therefore be higher.

Gold Price Outlook

Analysts believe gold prices may continue witnessing short-term volatility due to changing global economic conditions. However, strong festive demand, wedding season buying, and central bank purchases may continue supporting bullion prices in the medium term.

"Gold prices experienced a slight uptick today, trading at approximately Rs. 1,45,113 per 10 grams ($4725.20/oz), as investors navigated the complex landscape of U.S.-Iran relations while awaiting key inflation data from the U.S. Silver also saw a rise, priced at around Rs. 2,65,875 per kg ($86.58/oz), reflecting ongoing safe-haven demand amid geopolitical tensions. Crude oil prices climbed to Rs. 9,451 per barrel ($98.94/bbl), driven by concerns over inflation and the potential for prolonged high interest rates, which have historically impacted precious metals. The recent volatility in gold and silver markets can be attributed to a mix of geopolitical risks and technical trading patterns, with investors balancing these factors against expectations of forthcoming economic data." said Gaurav Garg, Research Analyst at Lemonn markets desk.

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