Gold Prices Surge: Tanishq 22K Gold Hits ₹13,475 Per Gram as Major Retailers Hike Rates
Gold prices in India witnessed a sharp increase today, July 23, 2026, across major jewellery brands including Tanishq and Malabar Gold. Retail rates for 22-karat gold have reached ₹13,475 per gram, reflecting a broader trend of rising bullion prices reported by the IBJA.
Key takeaways
- Tanishq's 22k gold jewellery is currently priced at ₹13,475 per gram.
- Major brands like Malabar Gold and Kalyan Jewellers have also increased their retail prices.
- Final prices will vary across Indian cities due to local taxes and making charges.
- IBJA indicative rates confirm a general upward trend in the bullion market today.
Gold prices in India witnessed a sharp increase today, July 23, 2026, across major jewellery brands including Tanishq and Malabar Gold. Retail rates for 22-karat gold have reached ₹13,475 per gram, reflecting a broader trend of rising bullion prices reported by the IBJA.
Gold prices across major Indian cities saw a significant uptick today, July 23, 2026, as leading jewellery retailers adjusted their rates upward. The price hike affects all variants of the precious metal, including 24k, 22k, 20k, and 18k gold, impacting retail buyers in Delhi, Mumbai, Hyderabad, and other major urban centers.
Retail Brand Pricing Breakdown
According to the latest market data, Tanishq has priced its 22-karat gold jewellery at ₹13,475 per gram. Other prominent national brands, including Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers, have also reported a corresponding rise in their daily selling rates. These retail prices typically include a premium over the wholesale bullion rates to account for craftsmanship and operational costs.
IBJA Indicative Rates and Market Context
The India Bullion and Jewellers Association (IBJA) provided indicative rates that serve as a benchmark for the industry. While the IBJA rates offer a baseline, the final price paid by a consumer at a retail outlet will vary. This variation is primarily due to:
- State-specific local taxes and GST (Goods and Services Tax).
- Making charges, which differ by design complexity and brand.
- Regional demand-supply dynamics in cities like Mumbai and Delhi.
What This Means for Buyers
For retail investors and families planning wedding purchases, the current price surge represents a higher entry point. While gold remains a preferred hedge against inflation in India, the volatility seen today suggests that buyers should closely monitor the 'hallmarked' rates before finalizing transactions. It is also important to note that 24k gold (99.9% purity) will command a higher premium than the 22k jewellery rate mentioned by retailers.
This report is for informational purposes only and does not constitute financial advice. Gold prices are subject to market volatility.
Frequently asked questions
What is the current price of 22k gold at Tanishq?
As of July 23, 2026, Tanishq is retailing 22-karat gold jewellery at ₹13,475 per gram.
Why do gold prices differ between cities like Delhi and Mumbai?
Gold prices vary due to differences in local state taxes, transportation costs, and regional demand levels.
Does the quoted price include GST and making charges?
Usually, the base rate quoted by retailers like IBJA does not include the 3% GST and making charges, which are added at the time of final billing.