📍 New Delhi — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Hyderabad — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Chennai — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Pune — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Ahmedabad — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Kolkata — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Jaipur — 🥇 ₹14,345/g  🥈 ₹205/g 📍 Surat — 🥇 ₹14,345/g  🥈 ₹205/g Get daily price alerts →

Gold Auctions in India

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Gold Auctions in India

5,414 listings · updated continuously from bank & portal sources.

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5,414 auctions found
Gold Auction in Ludhiana by Axis Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Ludhiana by Axis Bank

📍 Ludhiana
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG24671
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Bhopal by Axis Bank
Live Representative image
Auction on 12 Nov 2026 2

Gold Auction in Bhopal by Axis Bank

📍 Bhopal
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG24674
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Bhopal by Axis Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Bhopal by Axis Bank

📍 Bhopal
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG24677
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Mumbai by Canara Bank
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Auction on 12 Nov 2026 1

Gold Auction in Mumbai by Canara Bank

📍 Mumbai
🏦 Canara Bank
🏷 Gold & Valuables · Lot FG25481
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Jaipur by Axis Bank
Live Representative image
Auction on 12 Nov 2026 2

Gold Auction in Jaipur by Axis Bank

📍 Jaipur
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG25016
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Kolkata by Axis Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Kolkata by Axis Bank

📍 Kolkata
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG24811
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Surat by Axis Bank
Live Hot Representative image
Auction on 12 Nov 2026 1

Gold Auction in Surat by Axis Bank

📍 Surat
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG25232
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Solan by IDFC FIRST Bank Limited
Live Hot Representative image
Auction on 12 Nov 2026 2

Gold Auction in Solan by IDFC FIRST Bank Limited

📍 Solan
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24595
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:58 pm
Possession Physical
Gold Auction in Haridwar by IDFC FIRST Bank Limited
Live Hot Representative image
Auction on 12 Nov 2026 2

Gold Auction in Haridwar by IDFC FIRST Bank Limited

📍 Haridwar
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24596
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Karimnagar by IDFC FIRST Bank Limited
Live Representative image
Auction on 12 Nov 2026 2

Gold Auction in Karimnagar by IDFC FIRST Bank Limited

📍 Karimnagar
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24597
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Khammam by IDFC FIRST Bank Limited
Live Hot Representative image
Auction on 12 Nov 2026 2

Gold Auction in Khammam by IDFC FIRST Bank Limited

📍 Khammam
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24598
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Hyderabad by IDFC FIRST Bank Limited
Live Hot Representative image
Auction on 12 Nov 2026 2

Gold Auction in Hyderabad by IDFC FIRST Bank Limited

📍 Hyderabad
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24599
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Mahabubnagar by IDFC FIRST Bank Limited
Live Hot Representative image
Auction on 12 Nov 2026 2

Gold Auction in Mahabubnagar by IDFC FIRST Bank Limited

📍 Mahbubnagar
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24600
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Kolkata by Axis Bank
Live Hot Representative image
Auction on 12 Nov 2026 4

Gold Auction in Kolkata by Axis Bank

📍 Kolkata
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG25062
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Chandigarh by Axis Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Chandigarh by Axis Bank

📍 Chandigarh
🏦 Axis Bank
🏷 Gold & Valuables · Lot FG25086
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Chennai by IDFC FIRST Bank Limited
Live Representative image
Auction on 12 Nov 2026 2

Gold Auction in Chennai by IDFC FIRST Bank Limited

📍 Chennai
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24572
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 11:00 am
Possession Physical
Gold Auction in Chennai by IDFC FIRST Bank Limited
Live Representative image
Auction on 12 Nov 2026 2

Gold Auction in Chennai by IDFC FIRST Bank Limited

📍 Chennai
🏦 IDFC FIRST Bank Limited
🏷 Gold & Valuables · Lot FG24580
Reserve Price On request
Auction date 12 Nov 2026, 11:00 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Bhubaneswar by CSB Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Bhubaneswar by CSB Bank

📍 Bhubaneswar
🏦 CSB Bank
🏷 Gold & Valuables · Lot FG25824
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Hyderabad by CSB Limited
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Hyderabad by CSB Limited

📍 Hyderabad
🏦 CSB Bank
🏷 Gold & Valuables · Lot FG25825
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Goa by CSB Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Goa by CSB Bank

📍 Panaji
🏦 CSB Bank
🏷 Gold & Valuables · Lot FG25827
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Bhubaneswar by State Bank of India
Live New Representative image
Auction on 12 Nov 2026 1

Gold Auction in Bhubaneswar by State Bank of India

📍 Bhubaneswar
🏦 State Bank of India
🏷 Gold & Valuables · Lot FG25898
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Trichy by CSB Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Trichy by CSB Bank

📍 Trichy
🏦 CSB Bank
🏷 Gold & Valuables · Lot FG25800
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Bengaluru by CSB Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Bengaluru by CSB Bank

📍 Bangalore
🏦 CSB Bank
🏷 Gold & Valuables · Lot FG25811
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Gold Auction in Belgaum by CSB Bank
Live Representative image
Auction on 12 Nov 2026 1

Gold Auction in Belgaum by CSB Bank

📍 Belgaum
🏦 CSB Bank
🏷 Gold & Valuables · Lot FG25815
Reserve Price On request
Auction date 12 Nov 2026, 10:30 am
EMD deadline 11 Nov 2026, 5:00 pm
Possession Physical
Browse 5,414 live and upcoming Gold Auctions in India on E-Auctions India. Every listing shows the reserve price, EMD amount, auction and inspection dates, the seller bank and a link to the official sale notice. Use the filters to narrow by city, bank, asset type, possession status and price.

Reference rates

Today’s gold & silver rate by city

Per gram, in Indian rupees — search, sort and compare across 135 cities.

Gold · 24K
₹14,345.00 /g
Gold · 22K
₹13,149.58 /g
Silver
₹204.90 /g

National average · 07 Nov 2026. City rates below apply a local premium.

New Delhi
Gold 24K₹14,360/g
Gold 22K₹13,163/g
Silver₹205/g
Hyderabad
Gold 24K₹14,345/g
Gold 22K₹13,150/g
Silver₹205/g
Chennai
Gold 24K₹14,334/g
Gold 22K₹13,140/g
Silver₹205/g
Pune
Gold 24K₹14,345/g
Gold 22K₹13,150/g
Silver₹205/g
Ahmedabad
Gold 24K₹14,350/g
Gold 22K₹13,154/g
Silver₹205/g
Kolkata
Gold 24K₹14,345/g
Gold 22K₹13,150/g
Silver₹205/g
Jaipur
Gold 24K₹14,360/g
Gold 22K₹13,163/g
Silver₹205/g
Surat
Gold 24K₹14,350/g
Gold 22K₹13,154/g
Silver₹205/g
135 cities
City ▲ Gold 24K ₹/g ▾ Gold 22K ₹/g ▾ Silver ₹/g ▾
Agra ₹14,360.00 ₹13,163.33 ₹204.90
Ahmedabad ₹14,350.00 ₹13,154.17 ₹204.90
Alappuzha ₹14,345.00 ₹13,149.58 ₹204.90
Aligarh ₹14,360.00 ₹13,163.33 ₹204.90
Amaravati ₹14,345.00 ₹13,149.58 ₹204.90
Ambur ₹14,334.00 ₹13,139.50 ₹204.90
Amravati ₹14,345.00 ₹13,149.58 ₹204.90
Amritsar ₹14,360.00 ₹13,163.33 ₹204.90
Anantapur ₹14,345.00 ₹13,149.58 ₹204.90
Arcot ₹14,334.00 ₹13,139.50 ₹204.90
Ariyalur ₹14,334.00 ₹13,139.50 ₹204.90
Aurangabad ₹14,345.00 ₹13,149.58 ₹204.90
Ayodhya ₹14,360.00 ₹13,163.33 ₹204.90
Bagalkot ₹14,345.00 ₹13,149.58 ₹204.90
Bangalore ₹14,345.00 ₹13,149.58 ₹204.90
Bareilly ₹14,360.00 ₹13,163.33 ₹204.90
Belgaum ₹14,345.00 ₹13,149.58 ₹204.90
Bellary ₹14,345.00 ₹13,149.58 ₹204.90
Berhampur ₹14,345.00 ₹13,149.58 ₹204.90
Bhadravathi ₹14,345.00 ₹13,149.58 ₹204.90
Bhiwandi ₹14,348.00 ₹13,152.33 ₹204.90
Bhopal ₹14,350.00 ₹13,154.17 ₹204.90
Bhubaneswar ₹14,345.00 ₹13,149.58 ₹204.90
Chandigarh ₹14,360.00 ₹13,163.33 ₹204.90
Chennai ₹14,334.00 ₹13,139.50 ₹204.90
Chitradurga ₹14,345.00 ₹13,149.58 ₹204.90
Coimbatore ₹14,334.00 ₹13,139.50 ₹204.90
Cuddalore ₹14,334.00 ₹13,139.50 ₹204.90
Cuttack ₹14,345.00 ₹13,149.58 ₹204.90
Davanagere ₹14,345.00 ₹13,149.58 ₹204.90
Dharmapuri ₹14,334.00 ₹13,139.50 ₹204.90
Dindigul ₹14,334.00 ₹13,139.50 ₹204.90
Erode ₹14,334.00 ₹13,139.50 ₹204.90
Gadag ₹14,345.00 ₹13,149.58 ₹204.90
Ghaziabad ₹14,360.00 ₹13,163.33 ₹204.90
Goa ₹14,345.00 ₹13,149.58 ₹204.90
Gorakhpur ₹14,360.00 ₹13,163.33 ₹204.90
Guntur ₹14,345.00 ₹13,149.58 ₹204.90
Gurgaon ₹14,360.00 ₹13,163.33 ₹204.90
Guwahati ₹14,345.00 ₹13,149.58 ₹204.90
Hosur ₹14,334.00 ₹13,139.50 ₹204.90
Hyderabad ₹14,345.00 ₹13,149.58 ₹204.90
Indore ₹14,350.00 ₹13,154.17 ₹204.90
Jaipur ₹14,360.00 ₹13,163.33 ₹204.90
Jalgaon ₹14,345.00 ₹13,149.58 ₹204.90
Jayankondam ₹14,334.00 ₹13,139.50 ₹204.90
Jhansi ₹14,360.00 ₹13,163.33 ₹204.90
Kadapa ₹14,345.00 ₹13,149.58 ₹204.90
Kakinada ₹14,345.00 ₹13,149.58 ₹204.90
Kallakurichi ₹14,334.00 ₹13,139.50 ₹204.90
Kanchipuram ₹14,334.00 ₹13,139.50 ₹204.90
Kannur ₹14,345.00 ₹13,149.58 ₹204.90
Kanpur ₹14,360.00 ₹13,163.33 ₹204.90
Kanyakumari ₹14,334.00 ₹13,139.50 ₹204.90
Karaikudi ₹14,334.00 ₹13,139.50 ₹204.90
Karur ₹14,334.00 ₹13,139.50 ₹204.90
Kerala ₹14,345.00 ₹13,149.58 ₹204.90
Khammam ₹14,345.00 ₹13,149.58 ₹204.90
Kochi ₹14,345.00 ₹13,149.58 ₹204.90
Kodaikanal ₹14,334.00 ₹13,139.50 ₹204.90
Kolar ₹14,345.00 ₹13,149.58 ₹204.90
Kolhapur ₹14,345.00 ₹13,149.58 ₹204.90
Kolkata ₹14,345.00 ₹13,149.58 ₹204.90
Kollam ₹14,345.00 ₹13,149.58 ₹204.90
Kottayam ₹14,345.00 ₹13,149.58 ₹204.90
Kovilpatti ₹14,334.00 ₹13,139.50 ₹204.90
Kozhikode ₹14,345.00 ₹13,149.58 ₹204.90
Krishnagiri ₹14,334.00 ₹13,139.50 ₹204.90
Kumbakonam ₹14,334.00 ₹13,139.50 ₹204.90
Latur ₹14,348.00 ₹13,152.33 ₹204.90
Lucknow ₹14,360.00 ₹13,163.33 ₹204.90
Ludhiana ₹14,360.00 ₹13,163.33 ₹204.90
Madurai ₹14,334.00 ₹13,139.50 ₹204.90
Malappuram ₹14,345.00 ₹13,149.58 ₹204.90
Mandya ₹14,345.00 ₹13,149.58 ₹204.90
Mangalore ₹14,345.00 ₹13,149.58 ₹204.90
Mathura ₹14,360.00 ₹13,163.33 ₹204.90
Meerut ₹14,360.00 ₹13,163.33 ₹204.90
Mirzapur ₹14,360.00 ₹13,163.33 ₹204.90
Mohali ₹14,360.00 ₹13,163.33 ₹204.90
Moradabad ₹14,360.00 ₹13,163.33 ₹204.90
Mumbai ₹14,345.00 ₹13,149.58 ₹204.90
Mysore ₹14,345.00 ₹13,149.58 ₹204.90
Nagapattinam ₹14,334.00 ₹13,139.50 ₹204.90
Nagercoil ₹14,334.00 ₹13,139.50 ₹204.90
Nagpur ₹14,345.00 ₹13,149.58 ₹204.90
Namakkal ₹14,334.00 ₹13,139.50 ₹204.90
Nashik ₹14,348.00 ₹13,152.33 ₹204.90
Nellore ₹14,345.00 ₹13,149.58 ₹204.90
New Delhi ₹14,360.00 ₹13,163.33 ₹204.90
Nizamabad ₹14,345.00 ₹13,149.58 ₹204.90
Noida ₹14,360.00 ₹13,163.33 ₹204.90
Ooty ₹14,334.00 ₹13,139.50 ₹204.90
Palakkad ₹14,345.00 ₹13,149.58 ₹204.90
Palani ₹14,334.00 ₹13,139.50 ₹204.90
Paramakudi ₹14,334.00 ₹13,139.50 ₹204.90
Patna ₹14,350.00 ₹13,154.17 ₹204.90
Perambalur ₹14,334.00 ₹13,139.50 ₹204.90
Pollachi ₹14,334.00 ₹13,139.50 ₹204.90
Pondicherry ₹14,334.00 ₹13,139.50 ₹204.90
Pudukkottai ₹14,334.00 ₹13,139.50 ₹204.90
Pune ₹14,345.00 ₹13,149.58 ₹204.90
Raipur ₹14,345.00 ₹13,149.58 ₹204.90
Rajahmundry ₹14,345.00 ₹13,149.58 ₹204.90
Rajkot ₹14,350.00 ₹13,154.17 ₹204.90
Ramanathapuram ₹14,334.00 ₹13,139.50 ₹204.90
Rameswaram ₹14,334.00 ₹13,139.50 ₹204.90
Rourkela ₹14,345.00 ₹13,149.58 ₹204.90
Salem ₹14,334.00 ₹13,139.50 ₹204.90
Sambalpur ₹14,345.00 ₹13,149.58 ₹204.90
Sivagangai ₹14,334.00 ₹13,139.50 ₹204.90
Solapur ₹14,345.00 ₹13,149.58 ₹204.90
Surat ₹14,350.00 ₹13,154.17 ₹204.90
Thane ₹14,345.00 ₹13,149.58 ₹204.90
Thanjavur ₹14,334.00 ₹13,139.50 ₹204.90
Theni ₹14,334.00 ₹13,139.50 ₹204.90
Thrissur ₹14,345.00 ₹13,149.58 ₹204.90
Tirunelveli ₹14,334.00 ₹13,139.50 ₹204.90
Tirupati ₹14,345.00 ₹13,149.58 ₹204.90
Tirupur ₹14,334.00 ₹13,139.50 ₹204.90
Tiruvannamalai ₹14,334.00 ₹13,139.50 ₹204.90
Tiruvarur ₹14,334.00 ₹13,139.50 ₹204.90
Trichy ₹14,334.00 ₹13,139.50 ₹204.90
Trivandrum ₹14,345.00 ₹13,149.58 ₹204.90
Tumkur ₹14,345.00 ₹13,149.58 ₹204.90
Tuticorin ₹14,334.00 ₹13,139.50 ₹204.90
Vadodara ₹14,350.00 ₹13,154.17 ₹204.90
Varanasi ₹14,360.00 ₹13,163.33 ₹204.90
Vasai-Virar ₹14,350.00 ₹13,154.17 ₹204.90
Vellore ₹14,334.00 ₹13,139.50 ₹204.90
Vijayawada ₹14,345.00 ₹13,149.58 ₹204.90
Villupuram ₹14,334.00 ₹13,139.50 ₹204.90
Virudhunagar ₹14,334.00 ₹13,139.50 ₹204.90
Visakhapatnam ₹14,345.00 ₹13,149.58 ₹204.90
Warangal ₹14,345.00 ₹13,149.58 ₹204.90

No city matches your search.

Full gold & silver rate page → Price history chart →

Gold & silver price history

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Daily rates table
DateRate (₹/g)ChangeChange %

National average rate per gram in Indian rupees. 22K is derived from the 24K rate (22/24). City rates carry a local premium — see the city-wise rate table.

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Gold auctions in India: a simple and friendly guide

E-Auctions India — India’s trusted platform for discovering gold auctions

Gold has always held a special place in Indian homes — not just as an investment but as something sentimental. Gold auctions let buyers discover pledged ornaments, get competitive prices and enjoy the transparency of a public bidding process. When a borrower defaults on a gold loan, the lender auctions the pledged gold to recover its dues.

If you are curious about how gold auctions work, this guide breaks it down in a clear and easy way.

See gold auctions this month

Why choose bank auction gold

How gold auctions usually work

Every organiser follows slightly different rules, but here is the simple flow most auctions follow.

Choosing the items

All gold pieces are inspected, verified and catalogued — purity, weight and authenticity are checked by the lender’s valuer.

Pre-auction viewing

Buyers can view the items before bidding starts. Online auctions provide detailed photos and descriptions.

Registration

Anyone who wants to bid registers with basic details and ID proof. Some auctions ask for a small, usually refundable, deposit.

The bidding

Bidders quote prices that rise step by step until the highest bid is announced. Online bidding works the same way, on a digital platform.

Winning the item

The highest valid bid wins. If the reserve price is not reached, the item may not be sold.

Payment and collection

Winners pay within the given time frame. After payment, the gold is handed over or delivered securely.

How you can join a gold auction

If you are planning to participate, here is a simple approach.

Pick a trusted auction host

Look for auctions conducted by known banks, authorised agencies or reputable private houses.

Go through the catalogue

Check each item’s purity, weight, reserve price and current market value.

Register yourself

Complete the registration and KYC process to enter the bidding room.

Inspect before you bid

Take your time to examine the gold — hallmarking, craftsmanship, condition and uniqueness.

Set a clear budget

Auctions can be exciting, so decide your maximum bid before you begin.

Bid smartly

Stay focused, follow the increments and bid only when it makes sense for your budget.

Why people love gold auctions

✔ Sometimes you find gold at a price better than market rates
✔ You may come across antique or one-of-a-kind pieces
✔ All items are checked and verified before the sale
✔ The bidding experience is engaging and transparent

Final word

Gold auctions can be a great way to explore beautiful pieces, invest smartly and enjoy the thrill of bidding. With a little preparation and research, anyone can participate confidently — whether you join online or walk into a physical auction hall.

Good to know

Frequently asked questions

What is a gold auction?

Lenders auction gold jewellery and ornaments pledged against gold loans when the borrower defaults, recovering their dues through a public e-auction.

How do I buy in a gold auction?

Find a lot on E-Auctions India, open the sale notice, register on the auctioning bank's portal, pay the EMD and bid on the auction date.

How is the reserve price for auction gold decided?

It is based on the pledged weight and purity valued at prevailing gold rates, less a margin. E-Auctions India shows today's city gold and silver rates for reference.

Is auction gold hallmarked?

Not always. Items are verified for weight and purity by the lender's approved valuer. Inspect the lot and its documentation before bidding.

⚠️ E-Auctions India never requests cash or transfers to personal accounts. Pay EMD only as directed in the official bank auction notice. Report suspicious requests to [email protected]. Full disclaimer