About Indore Gold Rate Portal & Methodology

1. Portal Mission & Independence

The Indore Gold & Silver Rate Portal is an independent digital market reporting platform dedicated to providing timely, accurate, and unbiased precious metal price intelligence for Indore and the greater Malwa region. We maintain a strict boundary between our objective editorial reporting and commercial advertising partnerships. No advertiser, jewellery brand, or bullion trader exercises influence over our recorded rates or editorial guidance.

2. Price Sourcing & Compilation Methodology

Rates published on this portal are sourced daily from established bullion trading desks in Indore Sarafa Bazaar. Daily rates reflect:

• International Bullion Benchmark: Global London Bullion Market (LBMA) spot quotations converted to INR.
• Import Parity & Duty: Prevailing customs tariffs, Agriculture Infrastructure and Development Cess (AIDC), and bank landing premiums.
• Domestic MCX Trajectory: Active contract pricing on the Multi Commodity Exchange of India (MCX).
• Local Supply-Demand Dynamics: Physical inventory availability and trading premiums quoted across Sarafa wholesale counters.

3. Intraday Price Tracking & Historical Integrity

Unlike static aggregators that overwrite previous price levels, our database preserves every intraday price adjustment chronologically. Whether the market witnesses morning opening updates or afternoon adjustments, all historical records remain permanently archived and publicly accessible for economic analysis and consumer verification.

4. Statutory Rate Disclaimer

The rates displayed on this website represent wholesale bullion benchmarks for standard purities (24 Karat 999 fine, 22 Karat 916 hallmark, and 18 Karat 750 hallmark). They do not include retail jeweller making charges (typically 8% to 20%), wastage allowance, or statutory 3% Goods and Services Tax (GST). Actual final retail billing will vary by retailer craftsmanship and design complexity.