Tanishq’s 22K gold rate tops Joyalukkas and Malabar on September 15

Tanishq listed 22K gold at ₹14,055 per gram, versus ₹14,010 at Joyalukkas and Malabar Gold & Diamonds, as retail gold prices remained broadly steady across major Indian cities.

— Source publishedTue, 15 Sept, 2026, 08:55 IST·First seen Tue, 15 Sept, 2026, 09:24 IST·Source Business Today · Latest

What happened

Indian gold and silver retail rates were largely stable, while MCX futures edged higher. Tanishq priced 22K gold at ₹14,055 per gram, above Joyalukkas and

Key facts

  • Tanishq 22K: ₹14,055 per gm
  • Joyalukkas 22K: ₹14,010 per gm
  • Malabar 22K: ₹14,010 per gm
  • Malabar 24K: ₹15,284 per gm
  • Tanishq estimated 24K: ₹15,333 per gm

What changed

Indian gold and silver retail rates were largely stable, while MCX futures edged higher. Tanishq priced 22K gold at ₹14,055 per gram, above Joyalukkas and Malabar at ₹14,010, with festive jewellery demand cited as a price driver.

Why this matters

Tanishq’s ₹45-per-gram 22K premium over Joyalukkas and Malabar tests the strength of its brand-led pricing power in an otherwise steady gold market.

What to watch

  • Whether Tanishq’s ₹45-per-gram premium persists or widens across multiple days and cities.
  • Festive-season footfall, conversion rates and same-store sales trends at organised jewellery chains.
  • Changes in making charges, exchange bonuses, gold-savings schemes and EMI offers that alter the effective consumer price.
  • International gold-price moves and INR/USD changes that raise retail affordability pressure.
  • Competitor advertising explicitly comparing daily gold rates or promoting rate-lock programs.