Gold Rate Today (Feb 20, 2026): IBJA Update And 22K Jewellery Prices At Tanishq, Kalyan, Malabar & Joyalukkas

Updated: Friday, February 20, 2026, 8:24 [IST]

Gold prices continue to move upward in the domestic bullion market, keeping jewellery buyers as well as investors alert ahead of the wedding and festive buying season. The latest bullion data shows a mild rise in gold rates, while silver also recorded a noticeable jump. Retail jewellery chains have adjusted their selling prices accordingly, reflecting the broader market trend.

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Gold prices in the Indian bullion market have seen an increase, influencing retail jewellery prices; as of the latest data, 24K gold is priced at ₹15,196 per gram, while 22K gold is at ₹14,832 per gram, according to IBJA, with retail prices varying due to making and other charges.

Tracking daily bullion rates is important because jewellery prices at showrooms closely follow the benchmark rates issued by the India Bullion and Jewellers Association (IBJA).

Latest IBJA Gold & Silver Rates (Without GST)

According to the latest IBJA morning benchmark rates:

24K fine gold (999): ₹15,507 per gram
22K gold: ₹14,215 per gram
20K gold: ₹12,923 per gram
18K gold: ₹11,630 per gram
14K gold: ₹9,046 per gram

22K Jewellery Gold Prices at Major Retail Chains

Retail jewellery brands sell ornament gold at slightly different prices because they include manufacturing, logistics and operational costs in their pricing.

Tanishq: ₹14,455 per gram
Malabar Gold & Diamonds: ₹14,415 per gram
Joyalukkas: ₹15,441 per gram
Kalyan Jewellers: ₹14,415 per gram

These rates are based on the listed showroom pricing around 2:00 PM IST and may vary across cities and states.

Why Retail Prices Differ From IBJA Rates

The IBJA rate is a base bullion benchmark. However, the final jewellery price paid by a customer is higher due to:

Making charges
Wastage charges
Hallmarking cost
GST (3% on gold jewellery)

Therefore, even if IBJA gold is ₹14,832 per gram for 22K, the actual ornament purchase price can be significantly higher at retail counters.

What Buyers Should Keep In Mind

Experts generally advise checking purity, hallmark certification and making charges before buying jewellery. Investors, on the other hand, often track daily IBJA bullion rates to decide entry or exit points in physical gold or digital gold investments.

Note: Jewellery prices are sourced from brand websites and can vary by city, state taxes and store-level charges. Rates mentioned above are without GST.