Gold Rate Today in Andaman and Nicobar Islands – 7 Nov 2026, 9 AM IST

• Today's gold rate in Andaman and Nicobar
• How the rate is determined
• Making charges and GST
• Where to buy gold in Port Blair
• Buying calendar

The figures in the live table are bullion reference rates for the Andaman and Nicobar Islands, quoted per gram for 24 karat, 22 karat, 18 karat and 14 karat gold, refreshed every business day against MCX and IBJA benchmarks.

The islands have no local bullion market. Gold sold in Port Blair's jewellery shops is shipped in from mainland refiners, mostly through Chennai and Kolkata, before reaching retail counters around Aberdeen Bazaar. This page covers today's rate, how it is set, making charges and GST, purity verification, where to buy and sell, the buying calendar, taxation and a detailed FAQ.

The weight table converts today's per gram rate into the denominations Port Blair's buyers transact in, from a single gram through 8 grams and 10 grams, across 24 karat, 22 karat, 18 karat and 14 karat purity.

Given the islands' small resident population and limited local stock, heavier bridal sets are often special ordered from a Port Blair jeweller's mainland supplier rather than bought off the shelf.

Unlike mainland states with multiple competing gold markets, the Andaman and Nicobar Islands have only one significant retail centre, Port Blair, so there is no meaningful city wise rate comparison to make within the territory.

The base bullion rate matches the national IBJA benchmark exactly, as it does everywhere in India. The only genuine local variation comes from individual jewellers' making charges and the modest freight premium built into their sourcing costs.

A single day's rate tells you very little on its own. The last ten trading sessions show whether today's print sits at the top of a run, at the bottom of a pullback, or somewhere in the middle of a flat stretch.

Gold typically moves in a tighter daily range than silver on the same global news, so a narrower range over ten days is normal here than on an Andaman and Nicobar silver rate page.

The trend table sets today's rate against its opening and closing values over seven days, 30 days and 12 months. The shorter windows capture sentiment; the 12 month window captures the structural story, chiefly central bank buying and global interest rate expectations.

The islands track the national IBJA benchmark exactly, since there is no local bullion market here to introduce any regional divergence.

Gold trades continuously in US dollars per troy ounce on COMEX and the London Bullion Market Association benchmark, converts at the prevailing USD to INR rate, and picks up customs duty, cess and GST before reaching Indian retail anywhere, including Port Blair.

Because the islands have no local bullion desks, Port Blair's jewellers price against the same national IBJA reference rate mainland dealers use, adding their own margin and a freight related cost for stock shipped in from Chennai or Kolkata.

Real interest rates, the US dollar, central bank buying and investment flows move the international price. The rupee's exchange rate and import duty changes move the local price on top of that, filtering through to Port Blair the same way as everywhere else in India.

Locally, Akshaya Tritiya and the Island Tourism Festival bring the main seasonal uplift in buying, with jewellers timing mainland orders to arrive ahead of both.

24 karat gold is 99.9 percent pure and used for investment coins and bars, bought around Dhanteras and Akshaya Tritiya, though demand for pure investment gold is a smaller share of the islands' trade given the smaller resident population.

22 karat, 91.6 percent pure, remains the default for bridal and daily wear jewellery across Port Blair's shops. 18 karat and 14 karat appear mainly in lighter, diamond set or western style pieces. Confirm which karat a quote refers to before comparing shops.

The rate on this page is the metal price. What you pay at the counter adds making charges, then GST at 3 percent on the total of metal plus making.

What making charges typically run in Port Blair

• Gold coins and bars | roughly 4 to 9 percent, slightly above mainland rates given freight costs
• Standard jewellery | roughly 8 to 15 percent based on the work involved
• Bridal sets | roughly 16 to 26 percent, reflecting detailed craftsmanship plus freight

A worked example: a 10 gram gold piece with 12 percent making adds 12 percent to the metal value, then 3 percent GST on that subtotal, for a final bill roughly 15.4 percent above the pure metal value, before any local freight premium.

Gold hallmarking has been mandatory across India, including the Andaman and Nicobar Islands, since June 2021, with the six digit HUID compulsory on hallmarked jewellery since July 2021 and sale without HUID prohibited since March 2023.

• Look for the BIS Standard Mark, karat purity grade and HUID number on the piece
• Verify the HUID independently using the BIS CARE app
• Ask the jeweller to weigh the piece in front of you and confirm the purity claim against the day's rate

Since the islands have no local BIS Assaying and Hallmarking Centre, hallmarked stock sold in Port Blair is assayed on the mainland before shipment, making purchase from an established, BIS registered jeweller with a GST invoice particularly important here.

Aberdeen Bazaar in Port Blair is home to the large majority of the islands' gold jewellery shops, serving both residents and the steady flow of tourists passing through the capital. Beyond Port Blair, gold jewellery retail on the islands is minimal, with residents of outlying areas travelling into the capital for any significant purchase.

This concentration means Port Blair effectively sets the islands' gold pricing and selection on its own, without the multi city comparison that exists in mainland states.

Gold sold in the Andaman and Nicobar Islands is sourced almost entirely from mainland wholesalers in Chennai and Kolkata, then flown or shipped in as finished jewellery, coins and bars by local retailers, given the value density of gold makes air freight the more common route.

This logistics chain adds a small freight and insurance cost reflected in a modest local premium over the base rate, and for larger custom orders, some Port Blair jewellers work directly with mainland suppliers rather than holding extensive stock locally.

Tourism is the dominant driver of the Andaman and Nicobar economy, and Port Blair's jewellery shops see a genuine share of light gold jewellery sales, particularly small pendants and earrings, come from visitors around the annual Island Tourism Festival.

The larger share of gold demand, however, remains resident driven bridal and festival buying, which follows the same national calendar as the mainland, just with stock timed around mainland shipping schedules.

Gold buying in the islands follows the national festival calendar, celebrated by the mixed Hindu, Christian, Sikh and Muslim population settled in Port Blair over generations from across mainland India.

• Akshaya Tritiya, the single most auspicious day for buying gold
• Dhanteras and Diwali, the other major annual buying peak
• Wedding season, when bridal sets see their highest demand
• The Island Tourism Festival, bringing seasonal tourist gift jewellery demand

Because all stock arrives by sea or air freight, Port Blair's jewellers place festival orders with mainland suppliers considerably earlier than mainland retailers do.

The Andaman and Nicobar Islands are better known for shell and pearl craft jewellery than for gold work, with local artisans focusing their traditional skills on shells found abundantly along the coastline rather than precious metal craftsmanship.

Gold jewellery sold in Port Blair is almost entirely mainland manufactured stock, sourced from established suppliers in Chennai and Kolkata, rather than locally crafted, unlike the genuinely indigenous shell craft tradition sold alongside it in Aberdeen Bazaar and the Sagarika government emporium.

Aberdeen Bazaar in Port Blair is the islands' gold trade centre, with a small cluster of established jewellery shops.

What to check wherever you buy

• BIS hallmark and HUID number on the piece
• The day's rate displayed and the making charge quoted as a percentage in writing
• A proper GST invoice carrying weight, purity, rate and making charge

Exchange at an established jeweller in Aberdeen Bazaar, ideally the one who sold it, with the piece weighed and purity tested in front of you. Given the small number of shops, established jewellers are well known locally, which helps with trust.

Some buyers with significant holdings prefer to sell during a mainland visit, where wider competition among jewellers can mean a marginally better price.

India imports the large majority of the gold it consumes, cleared through customs before reaching refiners and jewellers across the country, including the small volumes shipped onward to Port Blair.

Import duty on gold has been adjusted more than once in recent years. Gold has almost no industrial demand nationally, and the islands' tourism based economy adds none of its own, so the trade here is driven entirely by jewellery and investment buying.

Port Blair's gold trade grew alongside the city's development as the islands' administrative capital following the end of the penal colony era at the Cellular Jail, as settlers from Bengal, Tamil Nadu, Kerala and other mainland states established the shops that still anchor Aberdeen Bazaar.

This mixed settler community shaped a jewellery retail trade that reflects several different mainland regional tastes rather than one unified local style.

Nationally, rising gold prices have made buyers more price sensitive, and this national pattern is a reasonable guide to Port Blair's own retail trade, given how closely the islands' small market follows mainland pricing and sentiment.

What has held up is bridal and festival buying, plus tourist demand for lighter gift jewellery around the Island Tourism Festival.

Taxes on gold are set nationally, so nothing here is specific to the islands.

At purchase, GST at 3 percent applies on the value of the metal plus making charges. At sale, profit on physical gold held over the qualifying period is taxed as long term capital gains; shorter holdings are taxed at your slab rate, and your original invoice establishes the cost basis.

None of this is tax advice. For a large transaction, confirm current rules with a chartered accountant.

Gold is traditionally viewed as a lower volatility store of value compared with equities and silver, making it a familiar, comparatively steady savings vehicle for island households as much as mainland ones.

Coins and bars in 24 karat purity carry the lowest making cost and recover the most value on resale, while bridal jewellery in 22 karat carries making charges not recovered on resale. Given limited local stock, Port Blair buyers wanting pure investment gold may need to special order in advance.

Gold in India traded around 26,000 to 29,000 rupees per 10 grams in 2015 and 2016 for 24 karat purity, crossed 50,000 rupees per 10 grams in 2020, and reached around 62,000 to 65,000 rupees per 10 grams by 2023.

Gold's rise accelerated through 2024 and 2025, crossing 1,00,000 rupees per 10 grams during 2025. Central bank buying and geopolitical uncertainty globally have driven this structural rise.

Andaman and Nicobar's local rates have tracked this national curve throughout, priced daily off the same IBJA benchmark as the rest of India, with the added freight cost of reaching Port Blair.

There is no legal ceiling on gold ownership in India. CBDT safe harbour limits, below which gold jewellery will not be seized during a tax search even without documentation, allow a married woman up to 500 grams, an unmarried woman up to 250 grams, and a man up to 100 grams.

Cash payments for a single gold purchase above the prescribed threshold require your PAN card, and payments above two lakh rupees in cash for a single transaction are not permitted regardless of PAN.

Gold demand is driven overwhelmingly by investment and central bank reserves rather than industrial use. Central banks worldwide, including the Reserve Bank of India, have been consistent net buyers in recent years.

India remains one of the world's largest gold consumers and imports the large majority of its requirement, making national import duty and policy a genuine influence on prices everywhere, including Port Blair.

The practical approach for most buyers is to purchase against genuine need and timeline rather than trying to time the market.

Gold is generally less volatile than silver day to day, since it lacks silver's industrial demand component. Both metals have delivered strong returns over the last decade.

Equity markets have historically delivered higher long run returns than precious metals, but with far more volatility. Debt instruments give predictable, lower returns with minimal price risk.

For island households, gold's role in savings is usually as a stable, culturally central holding alongside other assets, not a replacement for any of them.

Physical gold from a Port Blair jeweller gives you something to hold, gift or wear, but attracts 3 percent GST, requires safe storage, and jewellery carries making charges you do not recover on resale.

Gold ETFs let you hold gold electronically without storage or GST, accessible from the islands the same as anywhere in India through a demat account. The Sovereign Gold Bond scheme was discontinued for new issuance, so ETFs and physical metal remain the two main routes going forward.

Both are taxed the same way, at 12.5 percent on long term capital gains without indexation for holdings over 12 months.

• 24 karat gold: 99.9 percent pure, used for coins and bars
• 22 karat gold: 91.6 percent pure, the traditional Indian jewellery standard
• Sona: the Hindi word for gold, commonly used in local searches; chandi means silver
• Making charges: the fee a jeweller adds for crafting a piece
• HUID: the unique six digit hallmark identification number, mandatory since July 2021
• IBJA: the India Bullion and Jewellers Association, source of the national reference rate

Gold does not tarnish, but secure storage still matters given its value density. A bank locker in Port Blair remains the most secure option for larger holdings.

A home safe is a reasonable middle ground for smaller quantities. Keep your original purchase invoice with your stored gold, since it establishes purity, weight and cost basis if you need to sell or claim insurance later.

Some established jewellers in Port Blair offer monthly instalment schemes similar to those on the mainland, depositing a fixed amount for around 11 months with a bonus instalment added at the end.

Given the small number of shops, confirm terms in writing and only join a scheme with a jeweller with an established, long standing local reputation, since these schemes are not regulated like bank deposits.

Gold and property serve fundamentally different purposes. Property in Port Blair, shaped by the islands' tourism economy and limited developable land, requires a large upfront commitment and is illiquid. Gold can be bought and sold in small increments and converted to cash within minutes.

Most island households do not choose between the two. Property, where owned, tends to serve as a long term family asset, while gold serves as a portable, liquid store of wealth.

If you are in the Andaman and Nicobar Islands and considering a gold or lab grown diamond jewellery purchase, Lucira offers hallmarked gold and certified lab grown diamond pieces with transparent, itemised pricing and doorstep delivery, a practical option given limited local selection.

Every Lucira piece is priced against the live daily rate shown on this page, with making charges and certification costs shown separately.

A proper invoice from a Port Blair jeweller should show the net gold weight in grams, the karat purity, the rate applied per gram that day, the making charge, and GST at 3 percent applied on the metal plus making charge combined.

If a piece carries stones, the invoice should state the net gold weight separately from the gross weight. A hallmarked piece should also show the HUID number, verifiable through the BIS CARE app.

• A quoted rate below the day's published benchmark, which usually means lower purity than claimed
• Gross weight billed as if it were net gold weight on stone set pieces
• Making charges quoted verbally but not itemised on the final bill
• Pressure to buy quickly as a tourist without comparing shops in Aberdeen Bazaar

Always confirm the BIS hallmark and HUID independently through the BIS CARE app rather than taking a seller's word for it.

• Jewellery from a Port Blair jeweller: wearable and giftable, but making charges plus freight premium reduce resale value
• 24 karat coins and bars, often special ordered: lowest making cost, best for pure savings
• Gold ETFs: no storage, GST or freight concerns, accessible from anywhere in India
• Online gold jewellery delivered to the islands: wider selection, subject to delivery timelines

Given limited local stock, many residents use a mix of local purchases and either online orders or ETFs for pure savings.

Under rules applicable for financial year 2025 to 2026, profit on physical gold or gold ETFs held for more than 12 months is taxed as long term capital gains at 12.5 percent without indexation. Shorter holdings are taxed at your income tax slab rate.

Your gain is calculated as sale price minus original purchase cost, including making charges and any freight premium paid, which is why keeping your invoice matters. Confirm current rules with a chartered accountant before a large sale.

For families with ties to both the islands and the mainland, gold's portability is a genuine practical advantage over other assets, since it can be carried, gifted or liquidated regardless of which side of the crossing a family member currently lives on.

This portability, more than any investment return consideration, is often the more relevant reason island households hold gold jewellery and coins alongside other savings.

Aberdeen Bazaar in Port Blair is where the islands' established gold jewellers are concentrated, covering the large majority of what is available locally.

For any significant purchase, comparing making charges across the small number of established shops, and weighing a mainland or online purchase against local buying, is a reasonable practice.

The base metal rate is identical, since both Port Blair and mainland cities price against the same national IBJA benchmark. The difference is the freight and insurance cost in Port Blair's local premium, plus making charges that can run slightly higher given the smaller scale of the islands' retail trade.

For a large purchase, some residents choose to buy during a mainland visit to Chennai or Kolkata, where wider competition can mean marginally better making charges.

Given limited local selection, ordering hallmarked gold jewellery online from an established national retailer that ships to Andaman and Nicobar pin codes is a genuinely practical option for residents, provided the retailer offers insured delivery.

Delivery times run longer than to mainland cities given the logistics of reaching Port Blair, so factor this into timing a purchase for a specific occasion.

Havelock Island and Neil Island carry a handful of souvenir shops selling craft jewellery, but neither has a meaningful gold retail trade of its own.

Anyone on the outer islands wanting a significant gold purchase should plan to buy in Port Blair before or after their island stay.

The modest local premium Port Blair jewellers add over the base rate covers the real cost of insured freight from Chennai or Kolkata, plus the cost of carrying gold inventory across that distance rather than restocking quickly from a nearby wholesaler.

This premium is separate from the making charge, and a transparent jeweller should be able to explain roughly how much of the total price reflects freight cost versus making charge.

Because the islands have no BIS Assaying and Hallmarking Centre of their own, an independent purity retest is genuinely harder to arrange locally than on the mainland, where a nearby AHC can retest a piece on request.

For a significant purchase, this makes buying from an established, BIS registered Port Blair jeweller with a clear invoice and verifiable HUID even more important than on the mainland.