What is the gold rate today in Pen?

Today on 16 September 2026, the gold price in Pen for 24 Karat (99.9% pure) gold is ₹₹1,55,500 per 10 grams, and for 22 Karat (91.6% pure) gold is ₹₹1,42,990 per 10 grams. These rates are aligned with live bullion market trends.

What is the price of 1 gram of gold in Pen today?

Today in Pen, the price for 1 gram of 24K gold is ₹₹15550.00 and 1 gram of 22K gold is ₹14299.00.

What is the difference between 24K and 22K gold?

24K gold is pure gold (99.9% purity) with no other metals mixed in. It is very soft and bright yellow, which makes it best for investment coins and bars. 22K gold contains 91.6% pure gold mixed with 8.4% alloys like copper and silver. This provides structural strength, making it ideal for making everyday jewelry.

Why do gold prices in Pen differ from cities like Singrauli or Rewa?

Pen gold rates benchmark against Rewa and Singrauli bullion associations, but minor regional differences arise from transportation costs over hilly terrain to Pen, local MP state taxes, and competitive retail margins chosen by local dealers.

How to verify the purity of gold purchased in Pen?

Look for the Bureau of Indian Standards (BIS) Hallmark. Verified hallmark jewelry contains three marks: the BIS logo, the purity grade (e.g. '22K916'), and the unique 6-digit alphanumeric HUID code. You can verify this HUID code using the BIS Care App.

Which are the best local markets to buy gold in Pen?

The primary hubs are the traditional Pen Main Bazar (Sarafa Bazar) for handmade local work, and Pen Main Bazar or Pen Shivaji Chowk Showrooms for certified hallmark jewelry.

How much making charges are applied in Pen showrooms?

Making charges in Pen generally range between 8% and 18% of the net gold weight value. Traditional local smiths charge lower flat fees per gram, whereas designer showroom brands charge percentage fees. Negotiate during off-wedding seasons to get better rates.

Is GST applicable on gold purchases in Pen?

Yes, a flat 3% Goods and Services Tax (GST) is applicable nationwide on precious metals. This is calculated on the combined value of the gold and the making charges.

Is investing in gold coins better than buying jewelry?

Yes, gold coins (24K / 99.9% pure) are much better for investment. Coins carry very low making charges (1% to 3%) compared to jewelry (8% to 18%), and you receive 100% buyback value of the gold weight when you sell them back.

What is the formula to calculate the final price of gold ornaments?

The final billing formula is: Final Price = [(Live Gold Rate per gram × Gold Weight) + Making Charges] + 3% GST. Make sure to get a clear breakdown of each cost item on your tax invoice.

Pen Gold Rate Today: ₹1,55,500/10g ↑₹33 — 22K & 24K Live Price

Live 22 Carat and 24 Carat gold prices in Pen, Maharashtra. Check verified retail rates in Pen Sarafa Bazar, Pen Main Bazar, and surrounding areas.

Quick Answer: Live Gold Price

100% Verified

Today on 16 September 2026, the live gold rate in Pen is ₹1,55,500 per 10 grams for 24 Karat gold, and ₹1,42,990 per 10 grams for 22 Karat gold. According to yesterday's closing updates, the price has increased by ₹33 per 10g (0.21% ). For smaller quantities, 1 gram of 24K gold is priced at ₹15550.00 and 22K gold is ₹14299.00.

Last Updated: 15 Sept 2026 (07:40 pm)

22K (1 Gram)₹14299

22K (10 Grams)₹1,42,990

24K (10 Grams)₹1,55,500

Change vs Yesterday+₹33 (+0.21%)

Join ChannelDaily Price Alerts

Join Free

Jewellery CalcMaking + 3% GST

Try

Historical Gold Rates in Pen

🧮 Gold Jewellery Bill Calculator (GST & Making Charges)

Calculate accurate final jewellery cost before visiting the jeweller

916 BIS Hallmark Standard

Purity:

Weight (Grams):

Making Charges (%):Standard: 8% - 14%

Gold Value: (10g @ ₹14299/g)₹1,42,990

Making Charges: (10%)+₹14,299

3% GST: (Govt Tax)+₹4,719

Total Payable Amount:₹1,62,008

Pen Gold Price Matrix - Today's Rates

Weight	22K Gold Price (₹)	24K Gold Price (₹)
1 Gram	₹14,299	₹15,550
8 Grams (1 Sovereign)	₹1,14,392	₹1,24,400
10 Grams (1 Tola)	₹1,42,990	₹1,55,500
100 Grams	₹14,29,900	₹15,55,000

Pricing Accuracy & Rate Verification

Verified Source

International Wholesale Bullion Market (LBMA, IBJA, MCX Spot Prices)

Update Frequency

Updated daily on market days (excluding Sundays & national holidays)

Calculation Method

Based on spot USD-INR conversion, plus government import duties, plus standard local premiums. Prices shown do not include local jewelers' making charges or 3% GST.

Reviewed By

Fact-checked and reviewed by Lakshya Bhardwaj (Head of Content) & Harshit Sharma (Senior Research Analyst).

Correction Policy

We aim for 100% accuracy. If you notice any discrepancy, please report it immediately.

contact@labhgrow.in

Disclaimer: All rates displayed on LabhGrow are for informational purposes only. Do not make investment decisions based strictly on these rates. Always consult a certified financial advisor or check with local jewelry outlets before buying.

Buying Gold in Pen: Raigad District Guide

Pen, in Raigad district of Maharashtra, is globally famous for making exquisite Ganpati idols. Gold buying is highly popular during Ganesh Chaturthi and traditional Maharashtrian weddings.

Key Jewelry Locations

When purchasing physical jewelry or coins in Pen, residents visit these locations:

Pen Main Bazar: Lined with traditional jewelers who craft custom gold ornaments.
Pen Shivaji Chowk Showrooms: Modern showrooms offering certified hallmarked gold ornaments.

Why Prices Vary Locally

Gold rates in Pen follow Mumbai bullion market daily base prices, added with regional transport and GST.

Gold Price in Maharashtra vs Pen Live Comparison

Gold rates in Maharashtra can vary slightly between cities due to transit costs, local municipal taxes, and regional retail policies. Showrooms and traditional jewelers base their daily prices on international bullion rates.

Understanding 22K & 24K Gold Purity and Making Charges in Pen

When purchasing gold in Pen, understanding purity standards is essential. 24 Karat gold is 99.9% pure bullion, ideal for investment coins, whereas 22 Karat (91.6% pure) hallmarked gold is preferred for durable ornaments.

Modern Gold Investment Options: Digital Gold Platforms

For tech-savvy investors in Pen who wish to avoid storage risk and high making charges, digital gold offers a convenient entry point through certified platforms like **MMTC-PAMP** and **SafeGold**.

E-E-A-T Verified

Written By