Gold jewellery rates compared across Tanishq, Malabar, Joyalukkas and Kalyan

Economic Times compared 18K, 20K, 22K and 24K gold jewellery prices across Delhi, Mumbai and Hyderabad, alongside IBJA benchmark rates and leading organised jewellery chains.

— Filed Mon, 17 Aug, 2026, 12:19 IST · First seen Mon, 17 Aug, 2026, 12:19 IST · Source ET Small Business

What happened

Tanishq · Gold jewellery rates for 18K, 20K, 22K and 24K were compared across major Indian cities, covering IBJA benchmarks and prices at leading chains

Key facts

  • 18K
  • 20K
  • 22K
  • 24K

Why this matters

Pricing comparability increases the strategic value of regional jewellers with loyal local customers, transparent rate policies and complementary city footprints.

What to watch

  • Widening gap between chain retail rates and IBJA benchmarks after accounting for taxes and standard charges.
  • New chain campaigns offering zero/low making charges, enhanced exchange rates or rate-lock guarantees.
  • Growth in search, app traffic and store inquiries for daily gold rates and city-specific comparisons.
  • Gold-price volatility above recent norms, especially ahead of Akshaya Tritiya, Dhanteras and wedding-season demand.
  • Changes in organised jewellers' same-store sales, inventory turns, gross margins and share of studded versus plain-gold jewellery.
  • Publish daily city-wise rates by purity, including making charges, GST, wastage and final per-gram effective price.
  • Use rate-lock, advance-booking and gold-savings plans to convert price-checking traffic into leads before customers defect to competitors.
  • Promote exchange value, certified purity, transparent billing and buyback guarantees rather than attempting to differentiate on commodity gold rates alone.
  • Tighten hedging and replenishment cadence around festivals, wedding season and sharp bullion-price moves.
  • Monitor competitor discounts for making charges and exchange bonuses, which may become the primary visible pricing lever.