Gold Rate Today, May 13: How much you have to pay for 18, 22, 24 carat gold after import duty hike

Gold prices continued to gain ground for the second day today (May 13, 2026). The gains today are propelled after the government announced an import duty hike to 15% for the bullion.

24K gold in the National Capital has surged by ₹13,910 per 10 gm to ₹1,68,040 per 10 gm. Similarly, price for 22K and 18K gold logged a surge of ₹12,750 and ₹10,430 per 10 gm, retailing at ₹1,54,050 and ₹1,26,070.

The Centre has hike the import tariffs on both gold and silver in a bid to curb the country's import bill as well as support the ailing rupee and forex reserves.

As of May 13, 2026, here below are the latest rates across major brands.

Tanishq: 22 carat gold is priced at ₹1,54,350 per 10 gm, while the price of 24 carat gold is ₹1,68,380. Also, 18 carat gold is priced at ₹1,26,290.

Joyalukkas: 22 carat gold is priced at ₹1,53,900 per 10 gm

Malabar Gold: 22 carat gold is priced for ₹1,53,900 and 24 carat gold is retailing at ₹ 1,67,890 per 10 gm.

Factors influencing gold rate today

Gold rates in the retail market have surged after a steep rise in the import duty on gold/ silver from the earlier 6% to 15%. So, the 9% differential will be showing up gradually.

On the MCX too, bullion prices have rallied, with gold July futures up by a substantial 6% or ₹6,059 at ₹1,62,501 per 10 gm. At the day's high, the prices hit the high of ₹1,64,497.

Experts believe that while the reversal to the earlier 15% import duty would not serve majorly in reducing bullion import which is expected to be maintained at 600-750 tonne.

Internationally, market participants are looking for the US-China meet today and any positive development is expected to put a pause to the ongoing US-Iran crisis.

Meanwhile, the US gold futures traded higher by 0.67% at $4,718.22 per ounce.