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Gold Price Plummets: Kolkata Sees Significant Drop, What's the Price Today?
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News18•28-09-2026, 12:35
Gold Price Plummets: Kolkata Sees Significant Drop, What's the Price Today?
- •Gold prices in Kolkata have fallen significantly at the start of the week.
- •The price of the yellow metal has been declining since the beginning of September.
- •Today, 22-carat gold is priced at Rs 14,090 and 18-carat gold at Rs 11,568 in Kolkata.
- •A significant drop in gold prices was also observed in the international market, with spot gold falling by about 1.63 percent.
- •When buying gold jewelry, making charges, hallmark charges, and GST are added to the gold price, affecting the total cost.
Key Questions Answered
On Monday, September 28, 2026, the price of 22-carat gold in Kolkata is Rs 14,090, 18-carat gold is Rs 11,568, and 1 kg of silver is Rs 226,796, according to the Swarnashilpa Bachao Committee (SSBC). An additional 3% GST applies to these prices.
Spot gold declined by about 1.63 percent to hover just above $4,215 per ounce on Monday, September 28, 2026, alongside a decline in US gold futures.
When purchasing gold jewelry, buyers must calculate making charges (typically between 10 and 18 percent based on the design), hallmark charges, and a 3% GST in addition to the base price of gold.
