It is published by the Swarna Shilpa Bachao Committee, and Bengali papers carry its rates every day. Yugabikshon reported the committee’s October 30 index with falls almost everywhere a buyer looks: 22K gold selling at ₹13,380 a gram, down ₹125 in a day, fine 24K at ₹14,083 a gram, down ₹131, and 18K at ₹10,985 a gram, down ₹100. Silver did the dramatic work, falling ₹8,286 in a single day to ₹1,88,097 a kilogram, and the slide continued, with Lenspedia reporting on November 3 that silver fell about ₹4,850 a kilogram again in Kolkata and 24K gold about ₹1,400 per 10 grams.
The same list carries a second number most shoppers never ask for: the buying rate. On October 30 the committee put 22K buying at ₹12,815 a gram, which is ₹565 below the selling rate. That gap is the real cost a family meets when it takes old gold in for exchange during Dhanteras week, and the deduction a shop actually applies on the day is exactly the kind of thing that rewards a buyer who asks.
All of this lands on Bowbazar, the dense grid along Bepin Behari Ganguly Street where more than a hundred jewellery shops stand within about a kilometre, showrooms in front and karigar workshops in the lanes behind, with the wholesale trade running through Sonapatty in Burrabazar. A short walk away, Bhim Chandra Nag has been selling sweets on Nirmal Chandra Street since 1826, so a Bowbazar trip can be planned around a box of the ledikeni it invented.
Buyer takeaway: Note the day’s committee rate before you go, ask every shop for both its selling rate and its exchange rate on old gold, and check today’s Kolkata rate on our Kolkata page, because the gap between selling and buying is where the deal is won or lost.
Sources: Yugabikshon (Bengali), 30 Oct 2026; Lenspedia (Bengali), 3 Nov 2026; Bowbazar colour: WelcomeToKolkata
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