Understanding Gold Prices in India
Gold has been a preferred investment and gift in India for centuries. Whether you are buying gold for a wedding, as an investment, or for making jewellery, knowing the current rate helps you make a better decision.
The gold rate in India is influenced by several factors. The international gold price (set in US dollars per troy ounce) is the starting point. This price is then adjusted for the Indian rupee exchange rate, import duty (currently 15%), and GST (3%). Local demand and supply in each city also cause small differences in price.
On this page, you can see today's gold rate for 50 major Indian cities. Click on any city to see detailed price history, a 30-day price chart, and a breakdown of 22K, 24K, and 18K gold prices.
Gold Purity: What Do Karats Mean?
24 Karat (24K) gold is the purest form at 99.9% gold content. It is soft and bright yellow. Used for gold coins, bars, and medical devices. Not ideal for jewellery because it bends easily.
22 Karat (22K) gold is 91.67% pure gold. The remaining 8.33% is made of metals like copper, zinc, or silver that make it harder. This is the standard for most Indian gold jewellery.
18 Karat (18K) gold is 75% pure gold. It is more affordable and durable. Popular for diamond-studded jewellery and modern designs.