Kolkata is the soul of India’s jewelry craftsmanship, famous for its delicate handmade designs. As of September 12, 2026, the bullion market in Kolkata reflects a mix of international trends and local artisanal demand. The city’s trade is concentrated in the historic lanes of Bowbazar, where the daily “Bhav” affects the livelihoods of thousands of skilled “Karigars” (artisans).
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Local Market Insight: The “Karigari” and Bowbazar Purity
Kolkata is unique because a large portion of its gold and silver is converted into intricate, lightweight jewelry (like AG925). While the base silver rate today follows national trends, the final price in Kolkata is often determined by the skill of the craftsman. By using the Bhav App, Kolkata buyers can track the raw metal price separately from “making charges,” ensuring transparency in one of India’s oldest trading hubs.
The Craft of Purity: 24K to 18K
In hubs like Kolkata, the “Karigari” (craftsmanship) is world-famous. While 24K represents raw wealth, it is the 22K (916) gold that allows artisans to create the delicate “Filigree” work. For modern, stone-set designs, 18K is the technician’s choice, offering the hardness required for intricate detailing.
Comparison Table: Which Gold should you buy?
| Feature | 24K Gold | 22K Gold | 18K Gold |
| Purity Level | 99.9% | 91.6% | 75.0% |
| Durability | Low (Soft) | Medium | High (Strong) |
| Best For | Investment/Coins | Plain Jewelry | Diamond Jewelry |
| Hallmark | 999 | 916 | 750 |
Silver Standards: 999 and 925
From silver utensils to handcrafted “Chandi” jewelry, purity matters. 999 Fine Silver is the choice for bullion investors, whereas 925 Sterling Silver is used by artisans to ensure that handcrafted rings and necklaces remain durable for generations.
Understanding Your Jewelry Bill
Craftsmanship comes at a price. “Making Charges” in artisanal hubs can be higher due to the labor involved. Use the Bhav App to find the base rate of the day, then calculate the labor costs separately to ensure you are paying a fair price for the art, not just the metal.
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