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Massive Fall in Gold Prices in Kolkata Offers Great Buying Opportunity
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News18•14-10-2026, 11:19
Massive Fall in Gold Prices in Kolkata Offers Great Buying Opportunity
- •Great news arrived on Chaturthi morning as gold prices saw a huge drop in Kolkata, delighting buyers.
- •The price of 22-karat gold is 13,890 rupees and 18-karat gold is 11,405 rupees according to the Swarna Silpa Bachao Committee.
- •The price of 1 kg of silver has become 2,18,266 rupees before adding the additional 3% GST.
- •Buying 18-karat gold serves as a great alternative for budget-friendly, light, and modern jewelry designs.
- •Buyers are advised to verify gold purity, hallmarks, making charges, and overall costs before making a purchase.
Key Questions Answered
The price of 22-karat gold is 13,890 rupees, 18-karat gold is 11,405 rupees, and 1 kg of silver is 2,18,266 rupees, with an additional 3% GST applicable on these rates.
Eighteen-karat gold contains a lower amount of gold than 22-karat gold, making its base price comparatively lower for the same weight. It is widely used for light, modern designs like rings, earrings, pendants, and stone-studded jewelry.
Before buying jewelry, it is essential to verify the gold purity, hallmark, making charges, and the total cost including GST. Buyers should also compare rates across different shops rather than making hasty decisions.
