Gold Rates Today (13/05/2026) Rises After Duty Hike? Gold Prices At IBJA, Tanishq, Malabar, Joyalukkas, More

Gold rates in India surged sharply after the government hiked import duty to 15% from an earlier 6%. On May 13, 10 grams gold price in 24 carat crossed Rs 1.61 lakh mark for the first time in the two months of FY27. At major jewelers such as Tanishq, Malabar Gold, Kalyan Jewellers, Joyalukkas, GRT and others, gold rates are high across carats. The customs duty hike is expected to lift precious metals further.

Check Gold Rates Today

Tanishq Gold Rates Today

22 carat gold price at Tanishq surged as well to Rs 14,835 per 1 gram, followed by Rs 118,680 per 8 grams, Rs 148,350 per 10 grams and Rs 1,483,500 per 100 grams.

Meanwhile, the 24 carat gold price gained to Rs 16,184 per 1 gram and Rs 1,61,840 per 10 grams. Additionally, 18 carat gold surged to Rs 12,138 per 1 gram and to Rs 1,21,138 per 10 grams.

IBJA Gold Rates Today

The 999 purity gold also climbed to Rs 16,041 per 1 gram at IBJA. Similarly, 995 purity gold rate surged to Rs 15,977 per 1 gram and 916 purity gold price is up to Rs 14,694 per 1 gram. Also, the 750 purity and 585 purity gold rose to Rs 12,031 per 1 gram and Rs 9,384 per 1 gram.

Malabar Gold Rates Today

24 carat gold price stood at Rs 1,61,135 per 10 grams and at Rs 16,135 per 1 gram. Additionally, 22 carat gold price is at Rs 14,790 per 1 gram and at Rs 1,47,900 per 10 grams.

Kalyan Jewellers Gold Rates Today

22 carat gold price at Kalyan Jewellers stood at Rs 14,850 per 1 gram and at Rs 1,48,500 per 10 grams. The 100 grams gold of the same carat is priced at Rs 14,85,000.

Joyalukkas Gold Rates Today

At retail stores, 22 carat gold price stood at Rs 14,850 per 1 gram and at Rs 1,48,500 per 10 grams. This rate was in states like Andhra Pradesh, Delhi, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal.

GRT Gold Rates Today

At GRT, 22 carat gold price is at Rs 14,790 per 1 gram and at Rs 1,47,900 per 10 grams.

Jos Alukkas Gold Rates Today

24 carat gold rate here stood at Rs 16,205 per 1 gram, while 22 carat and 18 carat gold prices were at Rs 14,850 and Rs 12,265 per 1 gram respectively.

BHIMA Gold Rates Today

At BHIMA, the 999 purity gold which is 24 carat, stood at Rs 16,100 per 1 gram. While the 22 carat or 916 purity gold stood at Rs 14,499 per 1 gram. Also, the 750 purity aka 18 carat gold is available at Rs 11,799. The price of 1 gram silver stood at Rs 279.

Abharan Gold Rates Today

Here, 24 carat gold is available at Rs 16,123 per 1 gram, while 22 carat and 18 carat gold is priced at Rs 14,780 and Rs 12,093. The price of 14 carat gold is at Rs 9,405 per 1 gram. Lastly, 1 gram silver is priced at Rs 296.

How Will Customs Duty Hike Impact Gold Rates In India?

As per Hareesh V, Head of Commodity Research, Geojit Investments, the recent hike in India's gold import duty is likely to raise local prices and temporarily dampen physical demand. However, investors should not view this as a reason to panic.

"Gold continues to hold its appeal as a safe-haven asset, particularly in times of global uncertainty and domestic currency pressures. For investors, the preferred route remains digital gold or gold ETFs. These options avoid the risks associated with physical holdings, such as smuggling-driven price distortions, storage costs, and liquidity issues," the expert said.

Also, he added that higher duties may also create incentives for illegal imports, as was observed earlier when the duty stood at 15 percent before being reduced to curb smuggling. In the short run, though, this measure can help reduce the import bill and ease pressure on the widening Current Account Deficit (CAD).

Since gold accounts for nearly 9-10 percent of India's total import bill, the hike could provide some protection to foreign exchange reserves.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.