Why gold prices are crashing today?
22k gold price at Tanishq
22k gold price at Malabar Gold & Diamonds
22k gold price at Joyallukas Gold
24K (Fine Gold 999): Rs 13,514 per gram
22K Gold: Rs 13,190 per gram
20K Gold: Rs 12,028 per gram
18K Gold: Rs 10,946 per gram
14K Gold: Rs 8,717 per gram
Silver (999): Rs 2,01,500 per kg
Latest IBJA indicative gold rates 20 March 2026 (PM)
24K (Fine Gold 999): Rs 14,722 per gram
22K Gold: Rs 14,369 per gram
20K Gold: Rs 13,102 per gram
18K Gold: Rs 11,925 per gram
14K Gold: Rs 9,496 per gram
Silver (999): Rs 2,32,364 per kg
Comparing gold rates and silver rates
Metal/Purity 20 Mar 2026 (PM) ₹ 23 Mar 2026 (AM) ₹ Change ₹ 24K (Fine Gold 999) 14,722 13,514 -1,208 22K Gold 14,369 13,190 -1,179 20K Gold 13,102 12,028 -1,074 18K Gold 11,925 10,946 -979 14K Gold 9,496 8,717 -779 Silver (999) ₹/kg 2,32,364 2,01,500 -30,864
Important FAQs to note before buying gold jewellery
What is Hallmarking?
What is HUID in the hallmarked gold jewellery
What does hallmark on gold jewellery consist of?
Gold and silver prices have seen a big drop, which could be great for buyers planning to buy jewellery since the current rates are much lower than they were last week, according to data from the India Bullion and Jewellers Association (IBJA). This decline is showing up not just in benchmark bullion rates but also across major jewellery retailers. According to global gold prediction trends, experts expect prices to remain volatile due to factors such as movements in the US dollar, global economic uncertainty and interest rate outlook.Gold, typically a go-to safe-haven in times of uncertainty, has taken an unusual turn this time. Gold slid more than 5% on Monday, reaching its weakest level of 2026 after logging its worst week in about 43 years as the Mideast war stoked inflation fears, according to ET Markets. A key factor weighing on gold right now is the renewed strength of the US dollar. In times of geopolitical uncertainty, investors tend to move not just into gold but also into the dollar, which offers deeper liquidity and wider global acceptance.Here are the latest gold rates at major jewellery brands, including Tanishq, Malabar Gold & Diamonds, Joyalukkas and IBJA, as of March 23, 2026.Tanishq's latest price for 22k gold jewellery is Rs 12,875 per gram as of March 23, 2026 in Bengaluru, Mumbai and Chennai.Malabar Gold & Diamonds' latest price for 22k gold jewellery is Rs 12,835 per gram as of March 23, 2026, in Bengaluru, Mumbai and Chennai.As of today, Joyalukkas' latest price for 22k gold jewellery at retail and online stores is Rs 12,835 per gram as of March 23, 2026.Note: Gold rates are sourced from the respective jewellery brand websites (at 12.50 pm IST, March 23, 2026) and may vary depending on the city and the state.Latest IBJA indicative gold rates (12March 2026 - AM) gold rates per gramGold prices recorded a sharp decline between March 20 and March 23, 2026. The price of 24K (fine gold 999) fell from Rs 14,722 per gram on March 20 (PM) to Rs 13,514 per gram on March 23 (AM), marking a drop of Rs 1,208 per gram. Similarly, 22K gold prices fell from Rs 14,369 per gram to Rs 13,190 per gram during the same period, registering a fall of Rs 1,179 per gram, according to the latest indicative rates.Silver prices have also witnessed a sharp fall during the same period. The price of silver (999) declined from Rs 2,32,364 per kg on March 20, 2026 (PM) to Rs 2,01,500 per kg on March 23, 2026 (AM), registering a significant drop of Rs 30,864 per kg, indicating a broad decline in precious metal prices.Here is some important FAQs from Bureau of Indian Standards.Hallmarking is the accurate determination and official recording of the proportionate content of precious metal in precious metal articles (as per IS 15820). Hallmarks are thus official marks used in India as a guarantee of purity or fineness of precious metal articles.HUID is a Hallmark Unique Identification (HUID) number and it is one of the components of hallmark. It is a six-digit alphanumeric number which is unique for each hallmarked item and is traceable. Customer can also verify the HUID number in the BIS Care App using the 'Verify HUID' feature.Since the introduction of HUID (i.e. 1st July 2021) hallmark consists of 3 marks viz, BIS logo, purity of the article in caratage as well as fineness and six-digit alphanumeric HUID number.