Check today's 24K, 22K and 18K gold rate in India, then calculate the value of your gold by weight and purity.
Gold rates shown are indicative per gram. Local jewellers may apply making charges & GST. Last updated: --
Reference rates across India's major gold trading hubs — Delhi, Kolkata, Mumbai, Chennai, Hyderabad, Bengaluru, Ahmedabad & Pune.
| City | 24K /g | 22K /g | 22K /10g | Trend |
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Estimate the value of your gold by weight and purity.
Gold price movement over the selected period (₹ per gram).
Understanding the gold price in India is essential for every household, since gold is woven into life's milestones — engagements, weddings, the birth of a child, Akshaya Tritiya, Dhanteras, and every family's long-term savings plan. The gold rate today is not a single number: it breaks into 24K gold price, 22K gold price, and 18K gold price, and differs slightly from Delhi to Mumbai to Chennai. This guide explains how the domestic gold rate is built, what moves it, which purity to buy, and how to use a gold calculator to budget your next purchase.
The 24K gold price you see on a jeweller's board is not arbitrary. It is derived from the international spot price of gold — usually COMEX futures in USD per troy ounce — converted into Indian rupees per gram using the current USD to INR exchange rate. Customs import duty, agriculture infrastructure cess, social welfare surcharge, and finally 3% GST are then added layer by layer. The formula, simplified, is: (international spot price ÷ 31.1035 grams per troy ounce) × USD/INR × (1 + import duty) × (1 + GST). Local jewellers then add their own margin, state-level taxes, and making charges to arrive at the final selling price. Because import duty and GST are percentages of a larger base, whenever the USD/INR weakens or the global gold price rallies, the domestic gold rate today rises almost proportionally.
Several factors move the gold price in India today on a daily basis. Here are the most important ones to watch if you are planning to buy in the coming weeks.
Compare rates across cities before buying. Track trends and buy on dips during the festive season for better value.
The single most frequent question we get is the difference between 24K and 22K gold. In short, purity versus durability. 24K gold is 99.9% pure gold — no alloy, no compromise. It is the official purity for 24K gold price benchmarks, gold coins, investment bars, and RBI-backed sovereign gold bonds. However, 24K is too soft for daily-wear jewellery: a plain bangle will scratch, and a prong setting for a diamond will simply not hold. That is why India's jewellery market overwhelmingly buys 22K gold — 91.6% pure gold mixed with copper and silver. The 22K gold price is discounted by exactly the purity ratio (916/999), plus a jeweller premium. For necklaces, bangles, and bridal sets, 22K gives the best balance of resale value and practical life. 18K gold is 75% pure with stronger alloys, reserved for heavy stone settings and engagement rings where the stones must never loosen. The 18K gold price is the lowest of the three, but since the labour and stone cost dominates, the total bill often ends up similar or even higher.
A gold calculator takes the guesswork out of the jeweller's invoice. Start with today's 22K gold price per gram, multiply by the net weight of pure gold (deduct stone weight if any), then add a percentage-based making charge, and finally 3% GST. For example: 20 grams at ₹5,020/g is ₹100,400, plus 12% making charges is ₹112,448, plus 3% GST is ₹115,821. By running this calculation first, you can compare jeweller quotes objectively and spot hidden extras. Always ask for the exact purity hallmark (916 for 22K, 750 for 18K) and insist on a weight and making-charge breakdown on the bill.
India has been a net importer of gold for centuries, and the metal is deeply embedded in household savings culture. A generation ago, families stored wealth in physical 22K jewellery because bank penetration was low and equity markets were largely out of reach. Today, the same instinct continues — even with SIPs, mutual funds, and sovereign gold bonds available, a large share of household gold savings is still held in physical form. The gold rate today therefore responds not only to international markets but also to domestic sentiment and rural wage cycles. A good monsoon, higher crop MSP, or a stronger rural harvest tends to lift jewellery demand and nudge the 24K gold price up during the second half of the calendar year, especially ahead of the wedding season. Even small investors now watch city-level spreads: the gold price Delhi and gold price Mumbai often differ slightly because of local taxes, jeweller associations, and logistics premiums for bullion transit.
One of the most valuable lessons a first-time buyer can learn is to separate investment gold from wearable gold. If your goal is pure exposure to the gold rate today as a long-term asset, the cheapest way to own it is the 24K gold price channel — sovereign gold bonds (SGBs), gold ETFs, digital gold, or plain 24K coins and bars. All of these track spot prices with minimal overhead. SGBs, in particular, pay a small fixed interest and have no making charges or storage worry, making them the most efficient 24K option for most people. If, instead, your goal is an heirloom necklace, a daily-wear bangle, or a bridal set meant to be worn for decades, you are buying craftsmanship first, and the 22K gold price is the correct benchmark. Treat the premium on design and workmanship as a wearable expense, not an investment cost. For a mixed portfolio, a common rule of thumb is a modest portion of total savings in the 24K channel, plus jewellery purchases based purely on cultural or personal need, never as a pure financial return play.
Before you finalize a purchase, check today's gold price in India today across multiple sources and compare Mumbai, Delhi, and Chennai rates on the same day — even small per-gram differences can add up meaningfully on a heavy bridal set. Always insist on a BIS-hallmarked piece (916 for 22K gold) because the hallmark guarantees the purity independently of the jeweller's claims. Keep in mind that higher resale value comes from plain 22K hallmarked jewellery, not studded pieces, since stones and elaborate design work lose value the moment you walk out of the store. If investment is your goal rather than wear, compare the 24K gold price and consider sovereign gold bonds, gold ETFs, or plain coins instead of physical jewellery — the making charges alone often erase one full year of price appreciation. Whichever route you take, use the gold calculator above to know the exact value of metal you are paying for before any making charges or GST are added.
The 24K gold price in India is the headline figure most buyers check first, because 24K (99.9% purity) is the benchmark against which every other grade is measured. At this purity the metal contains no alloy, so the 24K gold price moves almost in lockstep with the international spot price, the USD to INR exchange rate, and the prevailing import duty and GST. While 24K is too soft for daily-wear jewellery, it is the standard grade for sovereign gold bonds, gold ETFs, coins and investment bars — making it the most efficient way to track the gold rate today as a financial asset. To estimate the value of any 24K holding, multiply today's per-gram rate by the net weight of pure gold using our gold calculator.
The 22K gold price in India is the rate most households actually transact at, because 22K (91.6% purity, BIS hallmark 916) is the standard grade for Indian jewellery — bangles, necklaces, bridal sets and everyday wearable pieces. The 22K gold price is set by multiplying the 24K rate by 0.916, then jewellers add making charges (a percentage of metal value) and 3% GST on top. If you are buying for wear rather than pure investment, the 22K gold rate today is the right benchmark to compare across Delhi, Mumbai, Chennai and other major cities before you finalize a purchase. Always insist on the 916 hallmark and a weight-and-making-charge breakdown on the bill.
The 18K gold price in India is the lowest of the three common grades, set at 75% purity (BIS hallmark 750). 18K gold is preferred for studded jewellery, engagement rings and intricate designs where stronger alloys are needed to hold diamonds and gemstones securely. While the per-gram 18K gold price is lower than 24K and 22K, the total bill for an 18K studded piece is often comparable, because labour, stone cost and design complexity dominate the final invoice. When checking the 18K gold rate today, always confirm the 750 hallmark and ask for a transparent weight-and-making-charge breakdown on the bill.
Gold prices in India differ marginally from city to city, even though the underlying international spot price is identical nationwide. The variation comes from local jeweller association margins, state-level taxes and logistics premiums for bullion transit. Major trading hubs with higher volumes — Delhi, Mumbai and Kolkata — typically offer the most competitive rates, while southern cities like Chennai and Hyderabad may price slightly higher during peak festive demand. To compare today's reference rates across hubs, use our city pages below:
Clear answers to the most common questions about gold rates in India.