Gold Rate Today in Assam – 7 Nov 2026, 10 AM IST

The figures in the live table are bullion reference rates for Assam, quoted per gram across 24 karat gold at 99.9 percent purity, 22 karat at 91.6 percent, 18 karat at 75 percent and 14 karat at 58.5 percent, refreshed every business day against MCX and IBJA benchmarks.

Guwahati is Assam's gold benchmark and the North East's principal commercial hub, with jewellery hubs at Fancy Bazaar, Pan Bazaar and the Bhangagarh and Chandmari clusters. Assam also carries a genuinely distinct jewellery tradition of its own: pieces such as the gamkharu bangle, the jonbiri or lokaparo pigeon earrings, and the crescent-shaped bana, historically crafted using paat-sun, a technique of applying a thin gold foil over a pure silver base, a design and craft lineage that traces back to gold-panning along Himalayan rivers during the Ahom dynasty. This page covers today's rate, how it is set, city-wise rates across the state, purity and hallmark verification, making charges with a worked bill example, 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 Assam buyers transact in, from a single gram through 10 grams, 50 grams, 100 grams and a kilogram, at each of the four common purities.

Units used in Assam

Assam's traditional trade unit is the bhori, equal to 11.6638 grams, still referenced by older buyers and independent jewellers across the state's markets alongside the gram and 10 gram denominations used in modern retail. A buyer discussing a 1 bhori purchase is discussing roughly 11.66 grams, not the 10 gram tola used across North India, so it is worth confirming which unit a quoted price refers to.

International markets quote the troy ounce, at 31.1035 grams, converted to rupee and gram terms before it reaches Assam's retail market.

The one kilogram bar is the standard wholesale trading unit, most relevant to Guwahati's bullion traders rather than retail buyers.

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

Read three things from the ten day table. The net movement from the earliest session to today. The high and the low, which give the trading range. And whether daily changes are small and steady or large and alternating. A tight range usually means the market is waiting on something; a widening range normally follows a macro event such as a US inflation print, a central bank decision or a sharp rupee move.

For a wedding or Bihu purchase this matters less than it appears, since the date is fixed well in advance. For a coin or bar purchase with no deadline, the ten day range is the cheapest timing information available.

The trend table sets today's Assam rate against its opening and closing values over seven days, 30 days, three months, six months, the year to date and 12 months.

What each window tells you

The seven and 30 day windows capture sentiment: short term positioning, fund flows and reaction to news. The three and six month windows capture the macro cycle, principally the direction of real interest rates and the strength of the dollar. The 12 month and year to date windows capture the structural story, chiefly sustained central bank accumulation alongside steady retail demand across Asia.

Longer windows are more reliable and less actionable. A 12 month gain confirms the asset did its job in a portfolio. It says nothing useful about next week's rate.

As Guwahati is the wholesale reference point for the entire North East, Assam's trend line also indirectly shapes retail pricing across neighbouring states supplied through the same route.

The rate follows the same five step national chain as every state, with local pricing set through Guwahati.

Step one: the international benchmark

Gold trades continuously in US dollars per troy ounce, anchored by the London Bullion Market Association price and COMEX futures.

Step two: the rupee conversion

The dollar price converts at the prevailing USD to INR rate.

Step three: duty and levies

Basic customs duty and the Agriculture Infrastructure and Development Cess apply to landed value nationally.

Step four: the domestic benchmark

MCX and the India Bullion and Jewellers Association, headquartered in Mumbai, produce the reference figures the national trade prices from. Guwahati's jewellers and bullion traders price against that benchmark, and their published rate is what the rest of Assam and much of the wider North East, in turn, prices against.

Step five: why the state's rate sits where it does

Assam is not a bullion import point, so its base rate typically runs a modest margin above Mumbai's. Within the state, the spread between Guwahati, Jorhat and Silchar is narrow, since all price off the same effective benchmark.

Seven forces account for almost all daily movement. The first four are global, the last three domestic.

Real interest rates. Gold pays no income, so it competes with interest bearing assets. When inflation adjusted yields fall, gold tends to rise.

The US dollar. Gold is priced in dollars, so a stronger dollar generally pushes the international price down and a weaker dollar lifts it.

Central bank demand. Reserve buying has been large and persistent in recent years.

Geopolitical and financial stress. Conflict, banking stress and sovereign risk push capital toward assets with no counterparty.

The rupee. A weaker rupee raises the Assam rate independent of any move in international gold.

Seasonal demand. Bohag Bihu, the Assamese new year and the state's biggest cultural occasion, alongside Durga Puja, the wedding season and Akshaya Tritiya, concentrate retail buying, particularly for gamkharu and other traditional Assamese pieces.

Policy. Import duty revisions and GST decisions produce one off steps in the retail price with no connection to the international market.

Every major market in Assam and, in practice, much of the wider North East prices closely off the Guwahati benchmark, so differences between cities come from local jeweller premiums rather than the underlying rate.

• Gold rate in Guwahati | the state's and the North East's benchmark gold market, centred on Fancy Bazaar and Pan Bazaar, with modern retail clusters in Bhangagarh and Chandmari
• Gold rate in Jorhat | Upper Assam's traditional jewellery-making centre, known for exquisite handcrafted Assamese pieces
• Gold rate in Silchar | the Barak Valley's principal commercial and jewellery hub
• Gold rate in Dibrugarh | Upper Assam's tea-economy hub with an established local jewellery trade

Rates for Tezpur, Nagaon, Tinsukia and the rest of the state track the same benchmark. If a quote in any Assam city differs by more than a small handling margin, that difference is the jeweller's own premium, and it is negotiable.

916 is another way of writing 22 karat. It refers to 91.6 percent pure gold, with the remaining 8.4 percent made up of alloy metals that give the piece strength. On 18 karat the equivalent grade is 750, and on 14 karat it is 585.

916 carries the great majority of gold jewellery sold across Assam, both in mainstream wedding and daily-wear designs and in modern reproductions of traditional Assamese pieces. Some genuinely traditional Assamese work, however, uses a distinct construction, paat-sun, a thin foil of gold applied over a pure silver base, which is a different technique from solid-gold 916 casting and is priced and valued differently. The number 916 is not marketing language; it is the purity grade stamped by a BIS recognised assaying and hallmarking centre, appearing alongside the BIS logo and a six character HUID.

When you check the 916 gold rate in Assam today, you are looking at solid 22 karat gold, not paat-sun work and not the 999 rate used for coins and bars. When you resell or exchange, ask specifically whether a traditional piece is solid gold or gold-foil-on-silver, since the two are valued on very different bases.

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

What making charges run in Assam

• Plain chains and machine-made pieces | roughly 8 to 12 percent, competitive given Fancy Bazaar's low-overhead independent trade
• Handcrafted traditional Assamese pieces, gamkharu, jonbiri and similar | roughly 15 to 25 percent, reflecting genuine specialist enamelling and setting work, particularly from Jorhat's craftsmen
• Branded showroom pieces | 14 percent and above

A worked example

Take a 10 gram 22 karat chain with 10 percent making. Metal value is 10 grams at today's 916 rate. Add 10 percent of that as making charges. Add 3 percent GST on the subtotal. The final bill is roughly 13.3 percent above the pure metal value.

Fancy Bazaar's traditional traders are known for competitive making charges compared to branded showrooms, largely due to lower overheads. Always ask for the making charge as a percentage in writing before comparing shops.

Every piece of gold jewellery sold in the notified districts of Assam must carry three marks. Check all three before you pay.

• The BIS logo | the triangular Bureau of Indian Standards mark
• The purity grade | 916 for 22 karat, 750 for 18 karat, 585 for 14 karat
• The HUID | a six character alphanumeric code unique to the piece

Verify the HUID in the BIS Care app: enter the code and the app returns the registered purity, the article type and the hallmarking centre. If the details do not match the piece in your hand, walk away. Guwahati has an established network of BIS recognised assaying and hallmarking centres, so there is no reason to accept an unhallmarked solid-gold piece anywhere in the state's major markets. Note that traditional paat-sun work, gold foil over silver, is a different product category from solid hallmarked gold and should be understood and priced as such.

Insist on the HUID printed on the invoice as well. It ties the bill to the piece, which matters for insurance, resale and any future dispute.

Assam has one of India's most distinctive regional jewellery traditions, and it is worth understanding on its own terms before buying, particularly for anyone shopping for a Bihu or wedding occasion.

The signature pieces

Gamkharu, a broad clasped bangle traditionally inscribed with floral patterns and historically worn by men before becoming popular among women, is the best known Assamese ornament, closely associated with weddings and Bihu. Jonbiri, also called bana, is a crescent-shaped pendant, its front studded with rubies and its back enamelled. Lokaparo, meaning a pair of pigeons, is a distinctive earring and pendant set worn by Assamese brides, made of gold, ruby and enamel work, and historically associated with the Ahom royal court. Other named pieces include the doog doogi, jethi poti and the orchid-shaped kopo phool earring.

The craft technique

Much traditional Assamese jewellery uses paat-sun, a technique of applying a thin foil of gold over a base of pure silver, which produces a rich golden finish at a lighter weight and lower cost than solid gold casting. This traces back to the gold-panning tradition along Assam's Himalayan-fed rivers during the Ahom dynasty, when the Sonowal Kacharis community specialised in extracting gold dust from riverbed sands.

What this means for a buyer

Jorhat, in Upper Assam, remains the state's centre for genuinely handcrafted traditional pieces, and buyers travel there specifically for authentic gamkharu and lokaparo work. When comparing prices, always confirm whether a traditional-style piece is solid 916 gold or paat-sun gold-on-silver, since the two carry very different metal values for a similar-looking piece.

Assam offers a deep, well-established jewellery trade, anchored by Guwahati and complemented by strong regional centres.

The traditional markets

• Fancy Bazaar and Pan Bazaar, Guwahati | the state's principal wholesale and retail gold markets, known for competitive rates
• Bhangagarh and Chandmari, Guwahati | modern retail hubs with reputed branded and independent jewellers
• Jorhat | the destination for genuinely handcrafted traditional Assamese jewellery

What to check wherever you buy

• BIS hallmark with HUID on every solid-gold piece
• Whether a traditional-style piece is solid gold or paat-sun gold-on-silver
• The day's rate displayed and the making charge quoted as a percentage in writing
• A proper GST invoice carrying weight, purity, rate, making and HUID

Certified online retail adds transparent per-piece pricing and doorstep insurance-backed delivery, and for lab grown diamond jewellery set in hallmarked gold it is often the most price-efficient route across the state.

You have three honest routes and one to avoid.

Exchange at a jeweller. The most common route for upgrading old jewellery. Hallmarked solid-gold pieces are credited at the day's rate for their stamped purity; paat-sun and unhallmarked pieces are assayed first, and that deduction is where the negotiation happens.

Sale to the jeweller who sold it. If the piece carries the original invoice and HUID, most established Fancy Bazaar and Bhangagarh jewellers publish a buyback policy.

Gold loans. A genuinely popular route in Assam, letting you access funds against your gold without selling it, widely offered by banks and NBFCs across Guwahati and other cities.

Avoid unlicensed street buyers, whatever rate they promise. Weighing and purity testing you cannot observe is where sellers lose money.

Gold buying in Assam follows a calendar shaped strongly by Bihu, the state's most important cultural occasion.

• Bohag Bihu (mid-April) | the Assamese new year and harvest festival, and the state's single biggest occasion for traditional gamkharu and jewellery gifting
• Durga Puja | observed with genuine intensity across Assam, a significant jewellery buying occasion
• Akshaya Tritiya, Dhanteras and Diwali | the national gold buying peaks, also observed statewide
• Wedding season | roughly November to February and April to June, when bridal sets including lokaparo and jonbiri dominate purchases

Two practical notes. Festive days concentrate demand, so premiums and making charge discounts both move; the headline rate does not become cheaper because the day is auspicious. And for a Bihu or wedding purchase planned months out, buying the metal in instalments converts an impossible timing decision into a simple averaging plan.

Taxes on gold are set nationally, so nothing here is specific to Assam, but three layers matter to every buyer in the state.

At purchase. GST at 3 percent applies on the value of the metal plus making charges. On imported metal, customs duty and cess are already inside the quoted rate before GST is added.

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. The invoice from your original purchase establishes the cost basis, which is one more reason to keep it.

Large cash purchases. PAN is mandatory above the prescribed transaction threshold, and jewellers report high value cash transactions. Paying digitally with a proper invoice is both cleaner and safer.

None of this is tax advice; thresholds and rates change with the Finance Act. For a large transaction, confirm the current rules with a chartered accountant before you buy or sell.

Gold is a store of value with no counterparty, which is why Indian households hold more of it than any other population on earth. That does not make it riskless. The rupee price swings, sometimes sharply, and long flat stretches have followed every major rally.

What gold does reliably is diversify. It tends to hold or gain value precisely when financial assets are under stress, which is the moment diversification is worth having. Most advisers land somewhere between 5 and 15 percent of a portfolio in gold, held for years rather than traded.

The form matters as much as the timing. Coins and bars carry minimal making cost and recover the most value on exit. Jewellery carries making charges you do not recover, so it is part ornament and part investment, and traditional paat-sun pieces recover even less at resale since much of their value is craftsmanship rather than metal weight. Paper routes, gold ETFs and mutual funds, remove storage risk entirely and suit buyers whose objective is purely financial.

For most Assam households the practical answer is a mix: traditional jewellery bought for Bihu and weddings and worn, and simple, easily verified investment gold, coins or small bars, bought as savings.

Beyond the Jonbiri and Lokaparo, Assamese gold jewellery includes the Dhol Biri, shaped like a traditional drum, the Doog Doogi and the Keru, alongside the Pepa set, a matching necklace and earring set that remains a popular contemporary interpretation of Ahom era design.

Most of these designs draw inspiration from flora, fauna, household items and musical instruments, and each piece carries a name that describes its shape and decorative work, a naming convention unique to Assamese jewellery tradition.

Fancy Bazaar and Pan Bazaar in Guwahati handle the large majority of the city's gold trade, with the Northeast's status as the region's main commercial centre drawing buyers from across neighbouring states.

Guwahati functions as the principal gold wholesale hub for the entire Northeast region, with jewellers from Arunachal Pradesh, Meghalaya, Nagaland, Mizoram, Manipur and Tripura routinely sourcing stock from Pan Bazaar wholesalers, giving the city genuine trading depth beyond Assam's own population.

Jorhat, historically Sonarigaon, along with Nagaon and Barpeta, form the three great historic centres of traditional Assamese gold jewellery making, a tradition dating to the Ahom dynasty when the manufacture of gold ornaments was a flourishing royal patronised business.

Artisans in these towns still produce completely handmade pieces, with gold enamelling historically centred specifically at Jorhat, giving buyers seeking authentic heritage craftsmanship a genuine destination distinct from Guwahati's more commercial retail trade.

Nationally, rising gold prices through 2024, 2025 and 2026 have made buyers more price sensitive, a pattern that likely extends to Guwahati's own retail trade given its dependence on national and international bullion pricing.

What has held up is Bihu and wedding season buying, alongside demand for traditional Assamese heritage pieces from Jorhat and Nagaon, both driven more by cultural obligation than pure price sensitivity.

Akshaya Tritiya, considered universally auspicious for buying gold, adds a further peak to Assam's gold calendar alongside the state's own Bihu tradition, with coin and small ornament sales rising across Guwahati in the days surrounding it.

Together with Bihu and Dhanteras, Akshaya Tritiya gives Assam's gold retailers three distinct annual peaks to plan stock and staffing around, more than many other Indian states.

Assam has a network of BIS recognised Assaying and Hallmarking Centres serving Guwahati, Jorhat, Dibrugarh and Nagaon, testing and hallmarking gold jewellery under the mandatory rules in force since June 2021, with Guwahati's centres also serving demand from jewellers across the wider Northeast.

For consumers, this network means a genuine, independently tested hallmark is readily available across the state's major cities, and any BIS certified jeweller can have a piece assayed at a recognised centre on request.

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. Assam's rates, priced off the national IBJA benchmark, have tracked this national curve throughout.

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 domestic prices, including in Assam.

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.

In Assam, gold's role in a household's savings is usually a stable, culturally central holding tied to Bihu and wedding tradition, not a replacement for equity or debt.

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

Gold ETFs let you hold gold electronically without storage or GST, through a regular demat account. The Sovereign Gold Bond scheme was discontinued for new issuance.

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

India imports the large majority of the gold it consumes, cleared through customs before reaching refiners and jewellers, including the volumes distributed through Guwahati into Assam and the wider Northeast.

Gold has almost no industrial demand nationally, and Assam's economy adds none of its own, so the state's gold trade is driven entirely by retail jewellery, investment and Guwahati's role as a regional wholesale distribution point.

• 24 karat gold: 99.9 percent pure, used for coins and bars
• 22 karat or 916 gold: 91.6 percent pure, the traditional Indian jewellery standard
• Xun: the Assamese word for gold, commonly used in local searches; rup means silver
• Jonbiri: a crescent moon shaped traditional Assamese gold pendant
• Making charges: the fee a jeweller adds for crafting a piece
• HUID: the unique six digit hallmark identification number
• IBJA: the India Bullion and Jewellers Association, source of the national reference rate

Assam's gold trade traces to the Ahom dynasty, when gold panning along the Subansiri and other rivers fed a royal patronised jewellery making tradition centred at Jorhat, Nagaon and Barpeta, initially reserved for royalty before spreading more widely.

Guwahati's rise as the Northeast's commercial hub added a modern bullion trading layer on top of this older artisan heritage, a dual character that continues to define Assam's gold market today.

Gold and property serve fundamentally different purposes. Property in Guwahati, the Northeast's main commercial centre, requires a large upfront commitment and is illiquid. Gold can be bought and sold in small increments and converted to cash within minutes.

Most Assamese households do not choose between the two. Property tends to serve as a long term family asset, while gold serves as a portable, liquid store of wealth for Bihu, weddings and emergencies alike.

If you are in Assam 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, so you can compare designs and pricing without needing to visit Guwahati in person.

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 an Assam 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

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

Gold does not tarnish, but secure storage still matters given its value density. A bank locker in Guwahati 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.

Many jewellers across Assam, particularly established shops in Guwahati, offer monthly instalment schemes where you deposit a fixed amount each month for around 11 months, with a bonus instalment added at the end.

Before joining one, confirm in writing whether redemption is locked at deposit day rates or redemption day rates, and check whether the bonus is forfeited if you exit early.

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. Holdings sold within 12 months are taxed at your income tax slab rate.

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

There is no legal ceiling on gold ownership in India. CBDT safe harbour limits allow a married woman up to 500 grams, an unmarried woman up to 250 grams, and a man up to 100 grams without seizure during a tax search, even without documentation.

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.

Fancy Bazaar and Pan Bazaar in Guwahati remain the single most important reference point for gold pricing anywhere in Assam, and jewellers across the state, whether in Jorhat, Dibrugarh or Nagaon, price their day against it each morning.

For any significant purchase, comparing making charges across at least two markets, typically Guwahati against either Jorhat or your own city's established jeweller, is a reasonable and common practice.

The Ahom dynasty, which ruled Assam for close to six centuries, popularised the extraction of gold dust from the sands of the Subansiri, a Brahmaputra tributary whose name means flow of gold, and other rivers, work traditionally carried out by the Sonowal Kacharis community of gold washers.

Wearing gold jewellery was initially confined to Ahom royalty before gradually spreading to the wider population, and the ornament designs from this era, inspired by flora, fauna, household items and musical instruments, continue to inform authentic Assamese gold jewellery today.

Bohag Bihu, Assam's spring new year festival, creates a genuine seasonal spike in gold buying, with families purchasing ornaments and gifting products linked with prosperity and blessings for the year ahead, a tradition observed alongside the national Akshaya Tritiya and Dhanteras calendar.

Jewellers across Guwahati, Jorhat and Nagaon typically stock their widest range of gold jewellery in the weeks leading up to Bihu, alongside their preparations for the Dhanteras and wedding season peaks later in the year.

Guwahati's position as the Northeast's principal commercial centre extends fully to gold, with jewellers from across the wider region depending on Pan Bazaar and Fancy Bazaar wholesalers for stock they cannot source locally.

This regional supply role gives Guwahati's gold market genuine depth and trading volume that extends well beyond Assam's own borders, a distinguishing feature among Indian state capitals.

• Retail jewellery from a Guwahati jeweller: wearable and giftable, but making charges reduce resale value
• 24 karat coins and bars: lowest making cost, best for pure savings
• Gold ETFs: no storage or GST, held in a demat account
• Traditional handmade pieces from Jorhat or Nagaon: heritage value, priced by craftsmanship

Most Assamese households use a mix, ceremonial and heritage jewellery for cultural occasions, and coins, bars or ETFs for pure savings.

Gold retail in Assam combines Guwahati's modern role as the Northeast's regional bullion and wholesale hub with the centuries old artisan heritage of Jorhat, Nagaon and Barpeta, giving the state's gold market a genuine dual character.

This combination makes Assam's gold trade one of the more significant in the Northeast, both for its own resident demand and its role supplying jewellers across neighbouring states.