22k gold rate today: Check 24k, 22k, 18k gold prices on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices remained elevated today (Tuesday, May 12, 2026), with leading jewelry brands reporting upward trends in 22k gold rates across major cities. After Prime Minister Narendra Modi urged citizens to temporarily reduce non-essential gold purchases for the next one year to help ease pressure on India’s foreign exchange reserves and imports, the India Bullion and Jewelers Association (IBJA) called for policy changes to better utilize domestic gold holdings.

IBJA in a social media post on X said, “India’s current Account deficit (#CAD) is linked to the Income Tax Act. Amend the Income Tax Act to allow borrowing and lending of commodities (Gold). Currently a holder of household gold cannot lend gold to jewelers of his choice as the Income Tax Act does not permit this. India needs a regulated exchange platform for lending and borrowing of gold similar to equity lending and borrowing which is already permitted.

Prithviraj Kothari, managing director, Ridd Siddhi Bullions Ltd., president, IBJA, “Silver surged over 6% to a near two-month high as US-Iran negotiations deteriorated, with President Trump rejecting Tehran’s peace proposal and labeling the ceasefire “massive life support.” Weekend Middle East strikes further strained diplomatic efforts, keeping the Strait of Hormuz blocked and oil prices elevated. Inflation concerns intensified as Fed rate-cut expectations narrowed, with markets now pricing limited or no easing through 2026. Investors await Tuesday’s US CPI data and Trump’s meeting with President Xi. Technically, gold targets $4,800–4,850, while silver consolidates near $85 before a potential move toward $90.”

Gold prices today (May 12, 2026)
Check the latest gold prices at leading jewelry brands such as Tanishq, Malabar Gold & Diamonds, Kalyan Jewelers and Joyalukkas today. Also see the latest retail jewelry prices of gold and silver at IBJA.

22k gold price at Tanishq today
Tanishq’s current price for 22k gold jewelry is Rs 14,160 per gram as of May 12, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price is up by Rs 170 compared to Monday.

22k gold rate at Joyalukkas today
The current price for 22k gold jewelry at Joyalukkas is Rs 14,115 per gram as of May 12, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of the same variety of gold on May 11, 2026 was Rs 13,945.

22k gold rate at Kalyan Jewelers today
The latest price for 22k gold jewelry at Kalyan Jewelers is Rs 14,115 per gram as of May 12, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of the same variety of gold on May 11, 2026 was Rs 13,945.

22k gold price at Malabar Gold & Diamonds
Malabar Gold & Diamonds’ latest price for 22k gold jewelry is Rs 14,115 per gram as of May 12, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of the same variety of gold on May 11, 2026, was Rs 13,945.

IBJA indicative retail selling rates for gold jewelry on May 12, 2026 (AM) are:
Fine Gold (999): Rs 15,195 per gram
22 KT Gold: Rs 14,831 per gram
20 KT Gold: Rs 13,524 per gram
18 KT Gold: Rs 12,308 per gram
14 KT Gold: Rs 9,801 per gram
Silver (999): Rs 2,67,820 per kg

IBJA indicative retail selling rates for gold and silver jewelry on May 11, 2026 (PM) are:
Fine Gold (999): Rs 15,036 per gram
22 KT Gold: Rs 14,675 per gram
20 KT Gold: Rs 13,882 per gram
18 KT Gold: Rs 12,179 per gram
14 KT Gold: Rs 9,698 per gram
Silver (999): Rs 2,56,200 per kg