
MCX vs Retail Gold and Silver Board: What Buyers Should Compare
MCX vs retail gold and silver board explained for Gujarat buyers — futures vs jeweller quotes, why gaps appear, and how to use the live GS24LIVE board.
Today's gold price reference for Surat. 24 carat, 22 carat and 18 carat rates come from the live Gold 999 board — separate metal value from manufacturing labour before you compare factory or showroom quotes.
Reference rates for general informational use. Local shop prices may differ due to making charges, GST, purity, and dealer margins. Independently verify before any purchase.
Board rate for 99.9% pure gold, quoted per 10 grams.
Calculated from the Gold 999 board rate at 91.6% purity — indicative only.
Calculated from the Gold 999 board rate at 75% purity — common for fashion and diamond jewellery.
The 22 carat, 18 carat, per-gram and per-100-gram figures above are calculated from the live Gold 999 board rate. They exclude making charges, GST and dealer spread, so a jeweller's invoice will differ. See our Disclaimer for how to use these references. Try the gold calculator or silver calculator for a weight estimate, and read the gold purity guide.

Surat is India’s major diamond and jewellery manufacturing hub, so gold rate today in Surat searches mix retail buyers and trade participants. Local boards usually track national / Gujarat wholesale closely, with shop-level making and labour doing most of the invoice work.
Numbers on this page use GS24LIVE’s live Gold 999 feed (same source as Ahmedabad). Treat them as an indicative 24K / 22K / 18K metal reference for Surat buyers — not a factory or association lock price.
If you are comparing Surat manufacturing quotes with Ahmedabad or Mumbai retail, separate metal value from labour. Our city comparison guide and gold calculator help keep that split honest.

Manufacturing quotes often quote labour separately. Confirm whether the per-gram rate already includes making or only metal.
Hallmark 916 / 750 and HUID still apply on finished jewellery — rate boards do not replace purity checks.
Large wedding sets: lock weight and making in writing; do not rely on a morning board screenshot alone.
Educational reference only. Always verify counter rates, purity, and invoice break-up before any purchase. See our Disclaimer and About pages.
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Gold 999 (24 carat) is trading at ₹1,49,099 per 10 grams in Surat on the GS24LIVE board. The rate refreshes every 10 seconds during market hours, so the figure on this page is the current one rather than a morning fixing.
24 carat gold, quoted on the board as Gold 999, is ₹1,49,099 per 10 grams — that works out to ₹14,910 per gram and ₹14,90,990 for 100 grams. 24 carat is 99.9% pure and is the reference used for bars, coins and wholesale trade.
22 carat gold works out to roughly ₹1,36,575 per 10 grams and ₹13,657 per gram, based on today's Gold 999 rate at 91.6% purity. This is calculated from the live board rate and excludes making charges, GST and dealer spread. Most jewellery in Gujarat is 22 carat, also stamped 916. Read our gold purity guide for 24K, 22K, 18K and BIS hallmark marks.
18 carat gold works out to roughly ₹1,11,824 per 10 grams and ₹11,182 per gram, based on today's Gold 999 rate at 75% purity (750 fineness). This is calculated from the live board rate and excludes making charges, GST and dealer spread. 18K is common for diamond-set and fashion jewellery. Estimate metal value with making and GST on the gold calculator.
24 carat gold is ₹14,910 per gram in Surat. For 22 carat, the equivalent is about ₹13,657 per gram. The board quotes gold per 10 grams, so per-gram figures are that rate divided by ten.
The Indian wholesale gold trade quotes per 10 grams, a legacy of the tola, so dealer confirmations and this board use the same unit. Jewellery retail is usually discussed per gram, which is simply the 10-gram rate divided by ten.
Gold is priced off international spot gold in US dollars, so the rupee rate moves with both the global price and the USD/INR exchange rate. Import duty, local demand and dealer spreads then shape the final domestic figure. Both spot gold and USD/INR are shown on the board above so you can see what is driving a move.
No. The rates on this page are wholesale market references. A retail invoice adds making charges, GST and the jeweller's spread, and buy-back is usually quoted below the board rate. Use these figures to check that a quote is reasonable, not as a final price.
Yes. Set a target and you will be notified when the rate reaches your level, so you do not have to watch the board all day. Manage your price alerts here.