Gold Rate Today in Delhi 16th August 2026 : 22 & 24 Carat, Gold Price in Delhi

Best suited for investment in coins and bars. Note on Colours: Yellow, white, and rose gold differ only in the metals used for alloying (such as silver or copper).

The karat value determines the actual gold content. Stone Deductions: In studded jewellery, the weight of embedded stones is excluded when calculating the net gold weight for pricing.

What Happened

BIS Hallmarking: Always verify authenticity. Look for the BIS logo, the purity grade (e.g., 916 for 22K), and the 6-digit alphanumeric HUID code, which can be verified on the BIS Care app.

• The Final Price Calculation: Base gold price + making charges (which vary by design and are often negotiable) + 3% GST.

• KYC Rules: Providing your PAN is mandatory for purchases exceeding ₹2 lakh.

• Cash purchases over ₹10 lakh require strict KYC compliance.

Key Details

Digital Gold: Enables purchase of small quantities of high-purity gold online, starting from Re 1. Gold ETFs & Mutual Funds: Highly liquid paper assets that track the real-time market price of physical gold.

• Taxes on Purchase and Sale: All gold buys attract a flat 3% GST.

• Gold gifts are tax-free if received during marriage or from specified close relatives; otherwise, gifts exceeding ₹50,000 in a financial year are treated as taxable income.

• However, it is still used in specialised sectors such as electronics, medical devices, and aerospace due to its excellent conductivity, corrosion resistance, and reliability.

Why It Matters

Sovereign Gold Bonds (SGBs): Government-backed securities that offer a fixed annual interest rate on top of standard gold price appreciation. Selling gold later will attract capital gains tax, depending on how long you have held the asset.

• Industrial Demand (Gold): Unlike silver, gold has relatively limited industrial usage, with the majority of its demand driven by jewellery and investment.

• As time-tested safe-haven assets, both metals typically see increased demand during periods of high inflation, economic recession, or global crises as investors seek to protect their wealth.

What Reports Say

Coverage of the story so far points to:

• Continued reporting by Business Today as more details emerge