West Bengal's gold rates for 4 November 2026 are out for 22 carat and 24 carat gold. This is according to reporting by Business Today. The headline doesn't give the exact per-gram prices, so check a live rate before you buy or borrow.
If you plan to buy jewellery or take a gold loan this week, today's rate matters. It sets what you pay at the shop and how much a lender will give you against your gold.
Key takeaways
- West Bengal's 22 and 24 carat gold rates for 4 November 2026 were reported by Business Today.
- 24 carat is nearly pure gold. 22 carat costs less per gram.
- The daily rate decides your gold's value, so it also decides your loan amount.
- Borrow less than the maximum to stay safe if prices dip.
- Always confirm the live rate at your jeweller or lender.
How gold rates work in simple terms
Gold prices in India follow world prices and the rupee's value against the dollar. Import taxes and local demand add a little more. That's why the rate in Kolkata can differ slightly from other cities.
24 carat gold is about 99.9% pure. 22 carat gold is about 91.6% pure, mixed with other metals so it's strong enough for jewellery. That's why 22 carat always costs less per gram.
Rates can also change more than once a day. A rate you saw in the morning may not be the one you pay in the evening. You can track the daily price on our gold rate today page.
What a daily gold rate means for your loan
When you take a gold loan, the lender values your gold at the day's rate. Then it lends only a part of that value. This share is called the loan-to-value ratio, or LTV. The RBI sets limits on it, and it's around 75% for larger loans.
Here's a simple example. Say 10 grams of 22 carat gold is valued at three different prices. These prices are only for the example, not the real rate.
| Price per gram (example) | Value of 10 grams | Loan at 75% LTV |
|---|---|---|
| ₹9,000 | ₹90,000 | ₹67,500 |
| ₹10,000 | ₹1,00,000 | ₹75,000 |
| ₹11,000 | ₹1,10,000 | ₹82,500 |
See how each ₹1,000 move in the gram price changes your loan by ₹7,500? Pledge 50 grams and the gap becomes five times bigger. You can see per-gram loan values on our gold loan rate today page.
Who is affected
Buyers are the first group. Buying for a wedding or festival? The 22 carat rate matters most for jewellery. Making charges and GST come on top.
Borrowers are the second group. If you've already pledged gold, a falling price shrinks your cushion. If you're about to borrow, a higher price means a bigger loan.
Savers who hold gold as an investment are the third group. They care about the 24 carat rate, since coins and bars are usually that purity.
What to do now
A few simple steps will keep you safe, whether you're buying or borrowing:
- Check the live West Bengal rate for the purity you need.
- Ask the jeweller or lender which rate they use and when it was set.
- If borrowing, ask for the full cost: interest, fees and the LTV used.
- Take less than the maximum loan, so a price dip doesn't hurt you.
- Work out your repayment using an EMI calculator.
New to this? Read our gold loan guide before you pledge anything.
Frequently asked questions
Why is 22 carat gold cheaper than 24 carat gold?
22 carat gold has less pure gold in it, about 91.6%. The rest is other metal added for strength. So you pay less per gram.
Does the daily gold rate change my gold loan?
Yes, it changes how much you can borrow when you apply. Once you have a loan, a big price fall can shrink your cushion. Lenders may then ask you to pay some money or add gold.
Where should I check today's gold rate for West Bengal?
Start with a trusted rate page and then confirm with your jeweller or lender. Their rate can differ slightly because of taxes and charges.
BankCreds analysis
What this day's rate does not mean
A single day's gold rate is less important than the headline suggests. One day's rate says little about where gold is going next. Don't rush into a loan or a purchase because of one print.
Here's what matters in rupees. Say you pledge 40 grams of 22 carat gold. If the price slips 5% before you repay, the lender's cushion shrinks. On a loan near the 75% limit, a 5% price drop can trigger a top-up call or a notice.
So the smart move is to borrow well below the maximum. A 60% loan leaves you much more room. Buyers gain from a lower rate, but borrowers should watch the gap between loan and gold value. Check the daily rate, then plan for a bad day, not a good one.
This section is BankCreds' own assessment of what the development means for Indian borrowers and savers. It is independent commentary, not part of the source reporting above.
Sources & references
- Business Today — originating report https://www.businesstoday.in/commodity/gold-rate-in-west-bengal-today
- Reserve Bank of India — RBI sets the loan-to-value limits lenders follow on gold loans https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx
Source links are shown as plain text, not clickable links. Copy a URL into your browser to read the original report.
Editorial note & disclaimer
How this was reported. The development above is attributed to the source or sources listed. BankCreds does not independently verify a third party's reporting; where a figure or a regulatory position is stated as fact, it is either attributed or drawn from the regulator's own published material. Everything under "BankCreds analysis" is our own assessment.
Rates and figures. Interest rates, per-gram values and premium bands quoted here are indicative, move daily, and differ by borrower profile, city and lender policy. Confirm the final number with the institution before you act on it — the sanction letter or policy schedule governs, not a news report.
Not financial advice. This article is general information for an Indian audience. It is not investment, tax, credit or insurance advice, takes no account of your circumstances, and BankCreds is not a lender, broker, distributor or advisor. Consider speaking to a SEBI-registered investment adviser or a qualified professional before acting.
Editorial policy · Fact-checking policy · Corrections policy · Our authors · About BankCreds · Contact us
Spotted an error? Corrections are published, not quietly edited — write to us via the contact page and see our corrections policy.