Gold prices in Delhi jumped sharply on May 13, 2026, reflecting the government’s decision late on May 12 to raise gold and silver import duty from 6% to 15% — a move that immediately raised the effective cost of imported bullion across all Indian retail markets.
24 carat gold in Delhi stands at ₹16,804 per gram, up ₹1,391 from yesterday’s ₹15,413. 22 carat gold is at ₹15,405 per gram, up ₹1,275 from ₹14,130. 18 carat gold stands at ₹12,607 per gram, up ₹1,043 from ₹11,564. Delhi trades at a marginal premium of ₹15 per gram over Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, and Pune on the 24 carat benchmark — a consistent differential reflecting the capital’s local levy structure.
For Delhi consumers, the overnight cost impact is stark. 10 grams of 24 carat gold now costs ₹1,68,040 against ₹1,54,130 yesterday — an increase of ₹13,910 per 10 grams in a single day. For the typical wedding gold buyer purchasing 50 grams across bridal and gifting requirements, yesterday’s duty hike has added approximately ₹69,550 to the total cost overnight.
The duty hike — a 10% basic customs duty plus 5% Agriculture Infrastructure and Development Cess — came as the government sought to curb precious metals import demand and ease pressure on India’s foreign exchange reserves, strained by crude oil above $100 per barrel and a rupee at record lows.
Rates are indicative and exclude GST, TCS, and other levies. Contact your local jeweller for exact rates.