Gold Rate Today in India

Live prices via TradingView · Page reviewed

The live table below shows today's gold rate in India in rupees for 24K, 22K and 18K gold per gram, per 10 grams and per 100 grams. It is the international price converted at the current USD/INR rate plus India's 6% import duty; jewellers add 3% GST and making charges on the bill.

Live gold rate in India (INR)

Weight & purityPrice (INR)
24K gold · 1 gramlive
24K gold · 10 gramslive
24K gold · 100 gramslive
22K gold · 1 gramlive
22K gold · 10 gramslive
22K gold · 100 gramslive
18K gold · 1 gramlive
18K gold · 10 gramslive
18K gold · 100 gramslive

Indicative rate = live international gold price in rupees (TradingView FX_IDC:XAUINRG) plus India's 6% import duty, before 3% GST and making charges. A jeweller's board rate can sit slightly above or below it. How we calculate

How the Indian gold rate is built

India imports almost all the gold it uses, so the domestic price is the world price brought ashore. Four layers make up the rate you see on a jeweller's board:

  1. International spot price in US dollars per troy ounce (31.1035 g), set in the global over-the-counter market and futures exchanges. See spot gold price.
  2. USD/INR exchange rate. The dollar price per gram is multiplied by the rupee rate.
  3. Customs duty of 6% (5% basic customs duty plus 1% agriculture infrastructure and development cess), in force since the July 2024 budget. Our import duty guide explains the history.
  4. Local premium or discount. Bullion dealers charge a premium over the landed cost when demand is strong and offer a discount when it is weak, for example after a sharp price rise when buyers hold back.

GST of 3% is not part of the board rate. It is added on the invoice, on the gold value plus making charge. Read GST on gold for how it applies to coins, jewellery, exchange and job work.

The second table shows the same gold before duty, so you can see the gap directly:

International spot gold in rupees (before duty)

Weight & purityLive price
24K spot · 1 gramlive
24K spot · 10 gramslive

Pure international price converted to rupees, with no import duty, GST or premium. The gap to the table above is the 6% customs duty.

A worked build-up

Suppose (illustrative figures) gold trades at US$133.40 per gram and the rupee is at ₹94.50 per dollar. The international price is 133.40 × 94.50 = ₹12,606.30 per gram of 24K. Adding 6% duty gives ₹13,362.68. For 22K, multiply by 0.916 (₹12,240.21); for 18K, by 0.75 (₹10,022.01). A jeweller would then add or subtract the day's premium and round the board rate.

Why the rupee matters as much as gold

Because the dollar price is converted every day, a weaker rupee raises Indian gold prices even when gold is flat abroad. In the example above, a 1% fall in the rupee to ₹95.445 lifts the international price from ₹12,606.30 to ₹12,732.36 per gram with no change in the dollar price. Over long periods, rupee depreciation is a large part of why gold has risen more in rupee terms than in dollar terms. The 12-month chart above tracks gold in rupees per gram.

MCX futures and the retail rate

The Multi Commodity Exchange of India (MCX) trades gold futures in rupees, quoted per 10 grams. Futures prices include duty but not GST, and they differ from the physical price by the cost of carry until expiry, so the front-month contract usually sits a little above the spot equivalent. Traders and bullion dealers watch MCX closely, but a retail buyer pays the jeweller's board rate plus making charge and GST, not the MCX quote. See gold futures for how contracts work.

Why rates differ between states and cities

There is no separate tax on gold by state since GST replaced VAT in 2017, so the landed cost is national. City rates still differ by small amounts because of transport and insurance from the import hubs, local dealer premiums, the time a jeweller updates the board, and competition between chains. In south India, and especially in Kerala and Tamil Nadu, prices are often set by a daily rate announced by local trade bodies; in the north, many jewellers follow the morning bullion rate. Making charges vary far more than gold rates, so compare the whole bill. Our guide on why gold rates differ by city goes into detail.

Units used in India

UnitGramsWhere it is used
Gram1Everywhere; jewellery is billed per gram
Sovereign / pavan8Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Karnataka
10 grams10Standard bullion and MCX quote; common in north and west India
Tola11.6638Traditional unit, still used by older buyers and in bullion bars; see what is a tola
100 grams / 1 kg100 / 1,000Bars traded by dealers and investors

Ways to buy gold in India

  • Jewellery from a jeweller, usually in 22K (916). You pay making charges and GST, and get less than you paid if you sell soon after. Check the BIS hallmark and six-digit HUID on every piece; see BIS hallmark and HUID and 916 gold meaning.
  • Coins and bars in 24K (999 or 995) from jewellers and banks. Making charges are low, but banks generally do not buy coins back. See gold coin prices.
  • Gold ETFs and gold mutual funds traded through a demat or fund account, with no storage or purity worries. Compare them in gold ETF vs physical gold.
  • Digital gold sold in small amounts through apps, backed by vaulted metal. It is not regulated like securities; read digital gold in India before using it.
  • Sovereign Gold Bonds issued by the government, which pay interest; see sovereign gold bonds for the current status of new issues.

Use the jewellery price calculator to turn today's rate into a final bill, and the gold calculator for coins and bars.

Paying and selling: tax points to know

Jewellers ask for your PAN on large purchases, and cash payments of ₹2 lakh or more in a single transaction are not permitted under the Income Tax Act, so bigger purchases are paid by card, UPI or bank transfer. When you sell physical gold, any gain over your purchase cost is treated as a capital gain. Whether it is short-term (taxed at your slab rate) or long-term (taxed at a flat rate) depends on how long you held it, and the holding periods and rates have been revised in recent budgets, so check the rules in force for the year you sell. Keep purchase invoices; they establish your cost. Gold ETFs and funds have their own rules. Our guide on how to sell gold covers testing, buy-back deductions and paperwork.

When Indians buy gold

Demand peaks around Akshaya Tritiya, Dhanteras and Diwali, regional new years such as Ugadi, Gudi Padwa, Vishu and Poila Baishakh, and the wedding seasons, which differ by region. Festival demand changes premiums, offers and making-charge discounts, but the price itself follows the international market and the rupee.

Gold rate in Indian cities

Each city page shows the same live indicative rate with local units, markets, buying customs and a worked bill example.

Frequently asked questions

What is the 24K gold rate in India today?
The live table at the top shows the indicative 24K rate per gram, per 10 grams and per 100 grams, calculated from the international price in rupees plus 6% import duty. Jewellers' board rates may differ slightly, and GST of 3% is added at billing.
Why is gold more expensive in India than the international price?
Mainly because of the 6% customs duty on imported gold, plus any dealer premium. GST of 3% is then added on the invoice. The second table on this page shows the international price in rupees before duty.
Does the gold rate differ from state to state?
Only slightly. The duty and GST are national, so differences come from transport, dealer premiums and jewellers' own pricing. Making charges usually vary much more than the gold rate.
Is the MCX gold price the same as the jeweller's rate?
No. MCX quotes futures per 10 grams including duty but excluding GST, and futures carry a time premium. Jewellers base their board rate on the physical bullion price, then add making charges and GST.
How is 22K gold priced compared with 24K?
22K gold is 91.6% pure, so its rate is roughly 91.6% of the 24K rate. Some jewellers price 22K slightly differently, so check the board.