The daily gold rate in Kolkata is primarily decided by Jewellers Associations. They arrive at the daily gold price based on international trends and by including gold import duty.
The big-name gold jewellers in Kolkata include Senco Gold Jewellers and PC Chandra Jewellers. Pan-India players like Kalyan Jewellers, Joy Alukkas and Malabar Gold & Diamonds too are present. Bowbazar remains Kolkata's jewellery hub.