Gold prices crashing today? Check 22K, 24K gold rates on Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, Joyalukkas and IBJA

Gold prices continue to remain in sharp focus as the ongoing tensions between Israel and Iran show no clear signs of easing. While such geopolitical conflicts typically push investors toward safe-haven assets like gold, the current trend has turned more complex.

Gold prices have witnessed a noticeable dip in India, even in today's session, according to data from the India Bullion and Jewellers Association (IBJA). This decline is showing up not just in benchmark bullion rates but also across major jewellery retailers.

Why gold prices are crashing today?

Gold and silver prices typically rise during geopolitical crises. Historically, wars have triggered safe-haven buying, pushing metal prices higher. However, despite the US-Iran confrontation, gold and silver prices are plummeting, and the reason is because investors are shifting their funds elsewhere.

Since late February, oil prices have risen considerably. Brent crude has risen more than 40%, hitting $100 and absorbing much of the safe-haven demand. Instead of investing in gold and silver, capital is pouring into energy markets.

Inflation, and how central banks respond to it, is currently driving down gold and silver prices.

The strength of the US dollar is another major factor contributing to lower gold and silver prices. When the dollar rises, gold and silver become more expensive for foreign investors, decreasing demand.

Here are the latest gold rates at major jewellery brands, including Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, Joyalukkas and IBJA, as of March 20, 2026.

22k gold price at Tanishq

Tanishq's latest price for 22k gold jewellery is Rs 13,875 per gram as of March 20, 2026 in Bengaluru, Mumbai and Chennai.

22k gold price at Malabar Gold & Diamonds

Malabar Gold & Diamonds' latest price for 22k gold jewellery is Rs 13,835 per gram as of March 20, 2026, in Bengaluru, Mumbai and Chennai.

22k gold price at Joyallukas Gold

As of today, Joyalukkas' latest price for 22k gold jewellery at retail and online stores is Rs 13,835 per gram as of March 20, 2026.

22k gold price at Kalyan Jewellers

Kalyan Jewellers' latest price for 22k gold jewellery is Rs 13,835 per gram as of March 20, 2026, in Bengaluru, Mumbai and Chennai.

Note: Gold rates are sourced from the respective jewellery brand websites (at 12.50 pm IST, March 20, 2026) and may vary depending on the city and the state.

Latest IBJA indicative gold rates (19 March 2026 - PM) gold rates per gram

• 24K (Fine Gold 999): Rs 14,789
• 22K: Rs 14,434
• 20K: Rs 13,162
• 18K: Rs 11,979
• 14K: Rs 9,539

Silver rate

• Silver (999): Rs 2,29,873 per kg

Latest IBJA indicative gold rates (20 March 2026 - AM) gold rates (per gram)

• 24K (Fine Gold 999): Rs 14,734
• 22K: Rs 14,380
• 20K: Rs 13,113
• 18K: Rs 11,935
• 14K: Rs 9,503

Silver rate

• Silver (999): Rs 2,33,600 per kg

These are indicative IBJA rates, excluding 3% GST and making charges.

Comparison of gold and silver rate IBJA rates

Purity	19 Mar (PM)	20 Mar (AM)	Change
24K	Rs 14,789	Rs 14,734	-Rs 55
22K	Rs 14,434	Rs 14,380	-Rs 54
20K	Rs 13,162	Rs 13,113	-Rs 49
18K	Rs 11,979	Rs 11,935	-Rs 44
14K	Rs 9,539	Rs 9,503	-Rs 36

Important FAQs to note before buying gold jewellery

As gold prices fluctuate amid global uncertainties, many buyers are looking to make the most of the dip. However, while tracking daily rates is important, ensuring the purity and authenticity of gold jewellery is equally crucial before making a purchase. This is where hallmarking plays a key role in safeguarding buyers. Here is some important FAQs from Bureau of Indian Standards.

What is Hallmarking?

Hallmarking is the accurate determination and official recording of the proportionate content of precious metal in precious metal articles (as per IS 15820). Hallmarks are thus official marks used in India as a guarantee of purity or fineness of precious metal articles.

What is HUID in the hallmarked gold jewellery?

HUID is a Hallmark Unique Identification (HUID) number and it is one of the components of hallmark. It is a six-digit alphanumeric number which is unique for each hallmarked item and is traceable. Customer can also verify the HUID number in the BIS Care App using the 'Verify HUID' feature.

What does hallmark on gold jewellery consist of?

Since the introduction of HUID (i.e. 1st July 2021) hallmark consists of 3 marks viz, BIS logo, purity of the article in caratage as well as fineness and six-digit alphanumeric HUID number.