Gold was dug at Kolar centuries before modern mining. In 1880 the British firm John Taylor and Sons began modern mining here. The fields still carry the name: Kolar Gold Fields, today its own taluk within Kolar district.
The Champion Reef workings went more than 3 km below ground. From 1902 the mines ran on electricity sent about 147 km from the Shivanasamudra hydroelectric station on the Cauvery, one of the longest power lines in the world at the time. The mines closed in 2001.
Britannica; Karnataka Power Corporation; Press Information Bureau, 2003.
III · The assay
What 916 means.
Purity is counted in thousandths. Choose a karat and see how much of every thousand parts is gold.
916
22K: 916 parts gold in every 1,000. The rest is alloy, which gives the piece its strength.
IV · The ornament
Stamped, so you never have to take our word.
A BIS hallmark has three marks: the BIS logo, the purity grade, and a six-character HUID unique to that piece. Kolar has been under mandatory hallmarking since 2022. Check any HUID yourself with Verify HUID in the free BIS CARE app.
Bureau of Indian Standards.
Surface
0 m3,000 m
ಚಿನ್ನ ಮತ್ತು ಬೆಳ್ಳಿ ದರ · At the counter
The rate, 19 October 2026.
Gold 22K · 916₹13,570per gram
Gold 18K · 750₹11,103per gram
Silver 80₹200per gram
Up ₹35 since 17 OctoberMaking and GST extra.
This is the rate for 19 October 2026. Today's rate is set at our counter each morning: ask us on WhatsApp.
22K over the last 30 rate days, since 14 September. Low ₹13,515, high ₹14,285.
Gold rates set each morning from the Bangalore market rate, as published on goodreturns.in. Silver 80 is our own counter rate.
From the counter
Pieces from the counter.
Photographed at the store. Tap any piece to ask on WhatsApp for its weight and today's price.
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