Jonnagiri Gold Mine: Till now most of the gold sold in India was imported from abroad, but now the picture seems to be changing. The first 24 carat gold biscuit from Jonagiri (Swarangiri) gold mine of Andhra Pradesh has reached the market for sale. Recently it was inaugurated by Chief Minister N. It was launched by Chandrababu Naidu. This step is being considered a big success in promoting domestic gold production in India.

Where are you getting biscuits?
Gold biscuits prepared from Jonagiri Gold Mine are currently available in some jewelery shops of Venkatachalapathi bullion market in Kurnool city of Andhra Pradesh. As soon as they came in the market, good demand was seen and many small size gold biscuits were sold in the initial days.

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VIDEO | The first gold biscuit produced at the Jonnagiri Gold Mine and inaugurated by Andhra Pradesh Chief Minister N Chandrababu Naidu is now available with local vendors at Venkatachalapathi Saraf Bazaar, near Konda Reddy Burj Circle in Kurnool.#Kurnool #AndhraPradeshNews… pic.twitter.com/pvpFza30v4

— Press Trust of India (@PTI_News) June 27, 2026

How much is the price?
This gold biscuit has been launched in three sizes of 50 grams, 100 grams and 500 grams. Among these, the biggest 500 gram 24 carat (999 purity) gold biscuit is the most discussed. Currently its price is said to be more than Rs 75 lakh as per the current market price. Gold biscuits of remaining weight are also available at market price.

What is the specialty of Gold Biscuit?
This gold biscuit marks the beginning of a new era of gold mining in India. This is 24 carat i.e. 99.9% pure gold and Jonagiri Gold Mine is engraved on the biscuit and the map of Andhra Pradesh is also made on the 500 gram biscuit. One of its specialties is that the gold has been completely extracted and processed from Indian soil.

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Why is Jonagiri Gold Mine special?
Jonagiri Gold Mine is being counted among the largest gold mining projects in the private sector of India. Initially, this project will produce hundreds of kilograms of gold every year, which is planned to be further increased to about 900 kilograms annually. This can help in reducing the country’s dependence on imported gold.

Will Indian gold be available cheaper?
Gold is being extracted in India but currently the same taxes and GST are applicable on it as are applicable on other gold products. Therefore, customers are not expected to get any significant relief in prices right now.