Gold Rate Today in Bhopal (06 Nov '26)
as on 06 Nov '26
24K Gold/10gm
₹1,42,809.00
(0.00%)
22K Gold/10gm
₹1,30,908.25
(0.00%)
18K Gold/10gm
₹1,07,106.75
(0.00%)
Today's Gold Rate in Bhopal
The gold rate today in Bhopal (November 6, 2026) is ₹14,281 per gram for 24-carat gold, ₹13,091 per gram for 22-carat gold, and ₹10,711 per gram for 18-carat gold. For 10 grams, 24-carat gold costs ₹1,42,809.
Jewellery prices are usually higher than these rates because jewellers add 3% GST, making charges and their own markup.
If you want to buy gold without jewellery markup, you can use Gold Vault by Dhan. You buy 999 purity gold at live MCX rates with zero markup, it is stored safely in an insured vault, and you get it delivered to your home whenever you want. You can check the delivery cost for your location using our Gold Vault shipping rate calculator.
Today's Gold Rate in Bhopal for 18K, 22K & 24K
24K
22K
18K
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Gold Rate Trend in Bhopal
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Current Gold Price (24K)
per gram · as on 06 Nov '26
₹14,281
Gold Quantity (grams)
1 gm100 gms
Making Charges (%)
0%20%
GST
3% on base price + 5% on making charges
NoYes
Total price of 10 grams of 24K gold in Bhopal
₹1,62,088
Incl. making charges & GST
Base price (10 gms × ₹14,281)
₹1,42,809
Making charges (10%)
₹14,281
GST
₹4,998
Prices are indicative and based on today's 24K gold rate in Bhopal. Actual price may vary by jeweller.
Last 10 Days Gold Rate in Delhi
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Last 6 Months Gold Rate in Bhopal
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Sorry, No Monthly Data Available for Bhopal at this Moment!
Gold Rate Today in Top Indian Cities
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Things to Know About Gold Market in Bhopal
Capital of Madhya Pradesh, the city of Bhopal is a beautiful blend of royalty and a growing urban lifestyle, where Gold is deeply rooted in its identity. Whether it's the vibrant jewellery hubs of ‘New Market' and ‘Chowk Bazaar', or the booming residential and commercial districts of ‘MP Nagar' and ‘Arera Colony', Gold buying in Bhopal is reflected in family customs, festive culture, and financial investing.
Bhopal's Gold Market is not just influenced by investment trends like many other metro cities. It is factors like cultural values, festive demand, and generational buying preferences which play a significant part in shaping this market.
In recent years, Gold prices have been ever-changing, and the demand is always high. Hence, it is now more relevant to know about the Gold market in Bhopal, for both the traditional and the new investors.
Gold prices in Bhopal are influenced by a complex interplay of global and local factors:
- Global factors:
- Strength or weakness of the US dollar.
- Geopolitical scenario.
- International gold price (USD per ounce).
- US Federal Reserve decisions on interest rates.
- Global inflation and economic uncertainty.
- Domestic & Bhopal-specific factors:
- Strong seasonal demand during Durga Puja, Dhanteras, Diwali, and weddings push prices upward.
- Bhopal, being an inland city, has higher transportation, logistics and insurance costs.
- Local bullion and jewellers' associations often release the gold rates
- Investor sentiment & liquidity factors in Bhopal’s bullion markets
A spot rate is the current trading rate of precious metals like Gold before adding retail charges. Jewellers buy Gold at spot rates. In Bhopal, spot rates are determined by:
- International benchmark adoption
- Currency conversion
- Import duty addition
- Local premium
The retail price of gold in Bhopal is higher than the spot price because of the following reasons:
- Retailer Margins: These are profit margins for dealing with operational issues like rental, staff, and marketing costs.
- GST and Taxes: A 3% GST is charged on Gold, whereas a 5% GST is charged on making charges & other services.
- Transportation and Insurance: Bhopal being landlocked, the costs of moving and insuring gold are higher.
- Making Charges: Labour charges for preparing jewellery, ranging between 8-25% of the cost of gold.
- Hallmarking Fees: These are certification fees for BIS hallmarking
On physical gold purchases:
- GST on the value of gold: 3%
- GST on making charges: 5%
- Import duty (embedded in price): 6%
- Making charges: Vary by jeweller and design
- Hallmarking charges: ₹ 45 per article (minimum ₹ 200 per consignment)
- LTCG: For investment in Gold held for more than 24 months, 12.5% rate is charged on the sale of such gold. For gold ETFs, it is 12 months.
- STCG: For investment in Gold held for less than 24 months, the rate is as per the individual income tax slab.
Gold consumption in Bhopal peaks during seasonal demands. It is majorly driven by:
Gold plays an important role in weddings, festivals like Diwali and Dhanteras, and religious events in Northern India.
- Strong demand during weddings, mainly during November- December
- Increased consumption of gold during festivals like Akshaya Tritiya, Diwali and Dhanteras as well as religious events.
- Demand for traditional jewellery.
Gold is a precious asset carrying high value, which demands that consumers remain alert while buying it. Hence, while purchasing gold in Bhopal, one must follow these points:
- BIS Hallmark: It is important to ensure that the gold purchased is BIS hallmarked for purity.
- Making charges: Negotiate and compare making charges among various jewellers.
- Jeweller’s identification number: The jeweller's identification number must be checked to ensure the authenticity.
- Check certification: Request certificates of purity and weight.
- Ask for a detailed invoice: The invoice should state weight, purity, manufacturing charges, GST, and total amount.
- Beware of fake gold: Avoid unregistered dealers and street vendors.
- Buyback policy: It is important to understand the return-and-buy-back policies before purchasing gold.
Prices of Gold are not stagnant in India but vary from city to city. Similarly, in Bhopal, prices are different due to factors like:
- Additional distance cost from the import ports of coastal regions
- Fluctuations in local demand and consumption.
- Increased demand during the wedding season in North India.
- Retailer competition influences price during peak seasons
Best times to buy Gold in Bhopal are:
- Dhanteras - considered auspicious to buy gold
- Diwali - A major Hindu festival with huge gold buying
- Akshaya Tritiya - Gold is bought heavily during this day as a mark of prosperity
- Karva Chauth - Gold gifting is common during this day
- Wedding Season - From gifting to the bride’s jewellery, Indian cities like Bhopal witness huge gold consumption during wedding seasons.
It is important for consumers to retain all documents supporting their gold purchase to avail protection from the law. Customers in Bhopal are protected by law through:
- Bureau of Indian Standards (BIS): An independent body, BIS ensures the standardisation, marking, and quality of gold products.
- Consumer Protection Act, 2019: Consumers can register complaints for defective or fraudulent gold under this Act.
- Consumer Disputes Redressal Forums: They are quasi-judicial bodies which can offer a speedier redressal to consumers against defective gold products.
- Legal Metrology Department: A government regulatory authority they confirm the accuracy and transparency of measuring instruments.
- Legal Remedies: Other legal remedies include refunds, replacements, and compensation for fraud or fraudulent representation.
FAQs
Some of the important factors that need to be kept in mind before any purchase of Gold is made in Bhopal are:
- Purity and certification
- Making charges
- Current market rate
- GST and taxes
- Buyback and Exchange Policy
- Jeweller identification number
The highest price of 10 grams of 24K gold recorded in Bhopal was about ₹NaN for 10 grams on .
The current rate of 1 gram of gold in Bhopal is:
- 24K Gold: ₹NaN per gram
- 22K Gold: ₹0 per gram
- 18K Gold: ₹0 per gram
Dhan is a popular investment app that enables investors to purchase gold online. This is a step-by-step guide on how one can purchase gold using Dhan:
- Open a Demat account online (If New to Dhan)
- Add money to your Dhan account
- Pick your Gold investment option
- Gold ETFs (like ICICI Pru Gold ETF, Kotak Gold ETF etc.)
- Gold Mutual Funds (like ICICI Pru Regular Gold Savings FoF, Axis Gold Fund etc.)
- Gold Futures/Options (like Gold Option Chain)
- Gold Vault by Dhan (Buy physical gold at Live MCX prices, store it safely in vault and get doorstep delivery anytime you want)
- Place your order
Gold taxation in Bhopal follows national Indian tax laws. It comprises purchase-time GST and capital gains taxes.
Tax on purchase of physical Gold:
When one is purchasing physical Gold (jewellery, coins, or bars) in Bhopal, they have to pay:
- 3% GST on the Gold's value
- 5% GST on making charges
Tax on selling digital gold and mutual funds:
You are liable for capital gains taxes when you sell Gold, such as:
- Short-Term Capital Gains (STCG): When the investments are held for less than 24 months, then the gains are added to an individual's total income and taxed according to their income tax slab.
- Long-Term Capital Gains (LTCG): When the investments are held for 24 months or longer, then the gains are taxed at a flat rate of 12.5% (plus applicable cess and surcharge)
Like other cities, there are some genuine ways to test the purity of Gold in Bhopal, such as:
- BIS Logo
- Purity Grade
- Jeweller's Identification Mark
- HUID (Hallmark Unique Identification)
- Assaying Centre Mark
The rates of Gold in Bhopal are updated every day. They are influenced by factors like the exchange rate of USD to the INR, the policies of the centre for imposing import duty and GST, global market forces, the local demand-supply of Gold, seasonal demand of weddings and festivals, as well as charges added by jewellers.
The current gold rate in Bhopal is ₹0 for 22 karat gold per 10 gram and ₹0 for 24 karat gold per 10 gram.
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