Gold Rate in Varanasi Today (05 March 2026) — 18K, 22K (916 KDM) & 24K

Today’s prices

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Updated: 05 Mar 2026, 19:16
22K Gold
-₹150 (-0.99%)
₹14,945 / g
10g: ₹1,49,450
24K Gold
-₹163 (-0.99%)
₹16,303 / g
10g: ₹1,63,030
18K Gold
-₹122 (-0.99%)
₹12,231 / g
10g: ₹1,22,310

Today's Gold Price by Weight

Weight22K (916)24K (999)18K (750)
1 gram₹14,945₹16,303₹12,231
8 grams₹1,19,560₹1,30,424₹97,848
10 grams₹1,49,450₹1,63,030₹1,22,310
1 Tola (11.664g)₹1,74,318₹1,90,158₹1,42,662
100 grams₹14,94,500₹16,30,300₹12,23,100

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Market Analysis

Today's gold rate in Varanasi is ₹14,945 per gram for 22k gold. The price has decreased by 0.99% compared to yesterday. Over the last 30 days, the highest recorded rate was ₹15,880 on 1 March and the lowest was ₹14,805 on 23 February. The market has shown high volatility of 7.26% this month.

Gold Investment Guide for Varanasi

Digital Gold vs Physical Gold
In Varanasi, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Varanasi.
3. Ensure the invoice includes the HUID code for buyback assurance.

Live Gold Price Trends in Varanasi per Gram

As of 05 March 2026, the gold rate in Varanasi is ₹16,303/gram (24K pure) and ₹14,945/gram (22K hallmark jewelry gold). The 18K rate — popular for diamond-studded jewelry — stands at ₹12,231/gram. Over the last 10 days, 22K gold in Varanasi moved between a low of ₹14,825 and a high of ₹15,880 per gram (0.67% change). All prices are updated 6× daily from the MCX benchmark. Rates are sourced from the MCX benchmark and IBJA daily announcements. Use our free gold calculator to plan your purchase or investment.

Varanasi's gold market centres on Vishwanath Gali and Thatheri Bazar, where goldsmiths have worked for over 500 years. The city is sacred — gold demand is driven by temple offerings, religious ceremonies, and an exceptionally strong bridal market. Banarasi gold jewellery, often combining gold and silver in the Ganga-Jamuni style, is sold to buyers from across northern India. 22K is preferred for ornamental jewellery, while 24K coins are offered at the Kashi Vishwanath Temple. Gold rates follow the Varanasi MCX benchmark, usually matching UP State pricing.

Varanasi gold rate today (05 March 2026): 22K (916 KDM) ₹14,945/g & 24K ₹16,303/g. Updated 6× daily. 10-day trend + free calculator.

Trend

Trend graph
Low: ₹14,825High: ₹15,880
₹16,038₹15,695₹15,353₹15,010₹14,66724 February 202605 March 2026
DatePrice / gChange / g
05 March 2026₹14,945-₹150 (-0.99%)
04 March 2026₹15,095-₹505 (-3.24%)
03 March 2026₹15,600-₹45 (-0.29%)
02 March 2026₹15,645-₹235 (-1.48%)
01 March 2026₹15,880+₹400 (+2.58%)
28 February 2026₹15,480+₹655 (+4.42%)
27 February 2026₹14,825-₹10 (-0.07%)
26 February 2026₹14,835-₹20 (-0.13%)
25 February 2026₹14,855+₹10 (+0.07%)
24 February 2026₹14,845+₹40 (+0.27%)

Gold Rate in Other Cities

FAQ

How is the gold rate in Varanasi determined?

The gold rate in Varanasi is influenced by international market prices, the USD to INR exchange rate, and local import duties. Additionally, local jewelry associations in Varanasi may adjust rates based on local demand and supply factors.

Is today a good time to buy gold in Varanasi?

Gold is a hedge against inflation. If the current live rate in Varanasi is lower than the 10-day average, it might be a good entry point. Always check our live 05 March 2026 prices before visiting a jeweler.

What is the difference between 22K and 24K gold in Varanasi?

24K gold is 99.9% pure and used for investment bars. 22K gold contains 91.6% gold mixed with other metals to make it durable enough for jewelry. The price of 24K is always higher than 22K in Varanasi.

Are gold rates the same across all jewelers in Varanasi?

While the base gold rate remains similar, the final price varies due to making charges and wastage fees, which differ from one jewelry showroom to another in Varanasi.

Does Varanasi have a specific tax on gold?

Gold purchases in Varanasi, like the rest of India, attract a standard 3% GST on the value of the gold and the making charges.