Gold prices in Ahmedabad surged on May 13, 2026, as the government’s late May 12 decision to hike gold and silver import duty from 6% to 15% reshaped India’s physical gold market pricing in a single overnight move — delivering the largest single-day gold price jump seen in Indian markets in recent years.
24 carat gold in Ahmedabad stands at ₹16,794 per gram, up ₹1,391 from yesterday’s ₹15,403. 22 carat gold is at ₹15,395 per gram, up ₹1,275 from ₹14,120. 18 carat gold stands at ₹12,597 per gram, up ₹1,043 from ₹11,554. Ahmedabad’s rates match Vadodara and sit marginally above the standard national baseline of ₹16,789 per gram on 24 carat gold — a consistent differential reflecting Gujarat’s state levy structure.
For Ahmedabad consumers, 10 grams of 24 carat gold now costs ₹1,67,940 against ₹1,54,030 yesterday — an overnight increase of ₹13,910. At Manek Chowk — one of India’s most famous open-air precious metals markets and Ahmedabad’s primary gold price reference point — dealers are repricing inventory and adjusting wholesale quotes to reflect the new import cost structure imposed by the duty hike.
The duty hike — a 10% basic customs duty and 5% Agriculture Infrastructure and Development Cess — follows PM Modi’s May 10 appeal and represents the government’s decisive shift from voluntary to mandatory demand suppression. For Ahmedabad’s gold trading community — among India’s most commercially astute — the response is likely to be swift inventory adjustment, cautious retail pricing, and close monitoring of whether the duty hike triggers the import volume reduction the government is seeking.
Ahmedabad’s rates are identical to Vadodara and sit marginally above Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, and Pune on all three caratages.
Rates are indicative and exclude GST, TCS, and other levies. Contact your local jeweller for exact rates.