Gold Rate Today
Updated 01 Sep 2026 · 24K Gold · Delhi — North India Benchmark
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Gold Rate in Major Cities
Today's 24K, 22K & 18K gold rate across major Indian cities
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Expert insights, guides & analysis on gold investing in India
Gold Rate in India Today — What the Numbers Really Mean
Gold is woven into the fabric of Indian life in a way few other assets are. It is bought at weddings, gifted on festivals, passed down across generations, and quietly held as a financial cushion for difficult times. Because of this dual role as ornament and investment, millions of buyers across the country check the gold rate today before stepping into a jewellery shop or planning a purchase. This page gives you live, city-wise gold rates for 24K, 22K and 18K gold across 167 Indian cities, along with the context you need to understand what those numbers actually mean.
India is the world’s second-largest consumer of gold, absorbing roughly 700 to 900 tonnes every year across jewellery, investment, and industrial use. This deep-rooted demand means that even when global prices soften, Indian consumption rarely falls sharply for long. Understanding today’s rate is therefore not just a financial exercise — it is something that affects millions of households directly.
How Gold Prices Are Determined in India
The starting point for any gold rate in India is the international spot price, quoted in US dollars per troy ounce on global exchanges such as COMEX in New York and the London Bullion Market Association (LBMA). This price moves around the clock, responding to US Federal Reserve policy announcements, geopolitical events, central bank buying decisions, and investor sentiment worldwide. Once that international price is set, the Indian gold rate is derived by converting dollars per troy ounce into rupees per 10 grams — the unit most commonly used in India.
To that converted figure, the Indian government adds customs import duty on gold, currently around 15% plus an Agriculture Infrastructure Development Cess. A 3% Goods and Services Tax is then applied at the point of sale. By the time gold reaches a retail jeweller’s showcase, the base price already reflects all of these additions. Making charges — covering the labour and artistry involved in crafting jewellery — are added separately, and these can range from as low as ₹150 per gram for plain chains to ₹1,500 per gram or more for intricately hand-crafted temple jewellery.
Why Gold Rates Differ Across Cities in India
Gold is not priced identically across Indian cities. The difference is usually small — ₹50 to ₹450 per 10 grams — but it exists and is worth understanding. Gold physically travels from import ports, primarily Mumbai and Chennai, to cities across the country. Transportation costs, applicable state-level taxes, and the timing of how quickly local bullion associations adjust their published rates relative to MCX movements all contribute to city-level price differences.
Delhi is widely watched as the benchmark for North India. As the national capital and one of the country’s largest bullion and jewellery markets, the gold rate in Delhi is the reference point for buyers across the region. The live 24K and 22K Delhi rate is shown on the cards at the top of this page. Because these numbers change every working day, always rely on the live figure rather than one you remember from last week. To see how rates compare across the whole country, visit our all-India gold rate page.
24K, 22K and 18K Gold — Which Should You Buy?
The answer depends entirely on what you intend to do with the gold. 24 karat gold is 99.9% pure and is the benchmark used for all pricing. It is too soft for most jewellery and is more commonly found in coins, bars, and investment products. If your goal is investment purity, 24K is the standard.
22 karat gold (916 purity) contains 91.6% pure gold, with the remaining 8.4% made up of silver, copper, or zinc that gives the ornament structural strength. The vast majority of Indian gold jewellery — rings, bangles, chains, necklaces — is made in 22K. At today’s rates, 22K costs approximately --- per 10 grams while 24K costs --- per 10 grams in Delhi.
18 karat gold (75% purity) is increasingly popular for contemporary and designer jewellery because it allows more design flexibility and is more durable than 22K. It is also significantly cheaper per gram, making it accessible for buyers who want to wear more pieces without a large outlay. Use our karat converter to convert any rate between purities instantly.
BIS Hallmarking and HUID — Your Guarantee of Purity
One of the most important developments for Indian gold buyers in recent years has been the mandatory rollout of Bureau of Indian Standards (BIS) hallmarking with a unique six-digit HUID code. Every piece of hallmarked gold jewellery sold in India must now carry this code, which can be verified on the BIS Care mobile app or at www.bis.gov.in. The HUID links each piece to its specific jeweller, assaying centre, and purity rating, making it nearly impossible to pass off lower-purity gold as a higher grade.
Always check for the BIS triangle hallmark, the karat purity marking (such as 916 for 22K), and the six-digit HUID on any piece you purchase. Ask for a detailed invoice that separately shows the gold value, weight, making charges, and GST. Keep that invoice — it protects you at resale or exchange.
Gold as an Investment in India — Your Options
Indians invest in gold in more ways than almost any other country, and the landscape of options has expanded significantly over the past decade.
Physical Gold (Coins and Bars): The traditional route. Coins and bars from certified sources like MMTC-PAMP, SBI, and India Post are close to the pure metal price and easier to resell than jewellery. Jewellery carries making charges and GST that you do not fully recover on resale, making it less efficient as a pure investment.
Sovereign Gold Bonds (SGBs): Issued by the Reserve Bank of India, SGBs are securities denominated in grams of gold that offer 2.5% annual interest plus gold price appreciation. They are completely exempt from capital gains tax if held to maturity (8 years). For long-term investors who do not need physical possession, SGBs are widely considered the most tax-efficient gold investment in India today.
Gold ETFs and Mutual Funds: Gold Exchange Traded Funds trade on the NSE and BSE. Each unit represents approximately 1 gram of gold backed by physical metal in a vault. Gold mutual funds invest in Gold ETFs and allow systematic investment plans without needing a demat account.
Digital Gold: Platforms like Paytm, PhonePe, and MMTC-PAMP allow you to buy gold in quantities as small as ₹1. While convenient, storage charges apply over the long term and the regulatory framework is still evolving compared to SGBs or ETFs.
If you are weighing gold against a fixed deposit, our gold vs FD calculator shows how the two compare over time. For monthly investing, the gold SIP calculator estimates how a recurring amount could grow over 5, 10, or 20 years.
GST on Gold — What You Actually Pay
Since the introduction of GST in 2017, gold transactions follow a uniform tax structure across India. A 3% GST applies to the value of the gold metal itself. Making charges attract a separate 5% GST, whether calculated as a flat per-gram fee or as a percentage of gold value. There is no GST on Sovereign Gold Bonds. If you are selling gold back to a dealer, no GST is charged on the resale from your side, though the dealer’s buyback price will be lower than the day’s market rate.
Capital Gains Tax on Gold in India
When you sell gold at a profit, the gains are subject to capital gains tax. If you sell within 24 months of purchase, any profit is treated as a short-term capital gain and taxed at your applicable income tax slab rate. If you hold for more than 24 months, the gain is a long-term capital gain taxed at 12.5% without indexation, per Union Budget 2024 amendments. Sovereign Gold Bonds held to maturity (8 years) are completely exempt from capital gains tax.
Gold SIP — Build Wealth in Gold Every Month
A Gold SIP (Systematic Investment Plan) lets you invest a fixed amount in gold every month, building wealth gradually through rupee cost averaging. Instead of trying to time the market, you buy at the prevailing price each month — more units when prices fall, fewer when they rise. Over long periods, this approach smooths out volatility and removes the anxiety of a single large-timing decision. Use our Gold SIP calculator to see how much gold you can accumulate over time.
Gold Loan — Using Your Gold as Collateral
India has one of the largest gold loan markets in the world, with institutions like Muthoot Finance, Manappuram, SBI, and HDFC Bank offering quick loans against pledged gold. The loan-to-value ratio permitted by the RBI is capped at 75% of the gold value. Interest rates vary from around 7% to 29% per annum. Many branches process gold loans within 30 minutes. Use our gold loan calculator to estimate how much you can borrow against your gold.
Tips for Buying Gold Jewellery in India
Always check the current gold rate before visiting any jeweller and use our gold price calculator to estimate the fair value of a piece based on its weight and purity. Ask for a detailed invoice that separately shows the gold value, making charges, and GST. When comparing prices across jewellers, focus on the making charges, which can vary enormously, rather than the gold rate itself. Making charges are generally negotiable, especially on larger purchases or during off-peak periods. Our making charges calculator and wedding gold calculator help you plan with full cost transparency.
How Much Gold Can You Keep at Home in India?
CBDT guidelines specify that income tax officers cannot seize gold during a search within prescribed limits: a married woman can hold up to 500 grams, an unmarried woman up to 250 grams, and a male member up to 100 grams. There is no upper cap on the total gold you can legally hold as long as you can explain its source through income, inheritance, or gifts.
How to Use GoldRateToday Live
Check the live rate cards at the top of this page for 24K, 22K and 18K prices, with Delhi shown as the North India benchmark. Open your city page for the local rate, a 30-day historical chart, and city-specific guidance. Use the calculators for price estimates, investment projections, and loan planning. Browse the all-cities page to compare rates across India at a glance. Whether you are a first-time buyer planning wedding jewellery, an investor building a long-term hedge, or simply keeping an eye on the market, accurate and timely information is the foundation of every good decision.
Frequently Asked Questions
The gold rate in India changes every working day. Today’s 24K rate in Delhi (North India benchmark) is --- per 10 grams and the 22K rate (916 purity, most common for jewellery) is --- per 10 grams. Rates are as of 01 Sep 2026. Prices are indicative and may vary slightly by city and jeweller.
The standard headline gold rate in India is quoted per 10 grams, which is the figure used in newspapers, news tickers, and rate cards. Jewellers price individual ornaments per gram, so to compare a shop’s per-gram quote with the market rate, multiply it by ten. Our gold price calculator does this conversion automatically.
24K gold is 99.9% pure and used mainly for coins, bars, and investment products — it is too soft for most jewellery. 22K gold (stamped 916) is 91.6% pure and is the most popular choice for Indian jewellery because it balances purity with durability. 18K gold is 75% pure, harder and more affordable, commonly used in diamond-studded and contemporary designs. 24K always carries the highest price, followed by 22K and then 18K. Use our karat converter to convert rates between purities.
The rates on this page represent the wholesale gold metal value based on MCX and international spot prices. When you buy jewellery, the final price includes making charges (₹150–₹1,500 per gram depending on design), 3% GST on the gold value, and 5% GST on making charges. These additions are not included in the base rate shown here and can add 10–35% to the total cost depending on the jewellery type. Use our making charges calculator to estimate your actual outlay.
Gold rates differ across Indian cities because of transportation costs from import ports, local bullion association rate-setting conventions, applicable state-level taxes, and timing differences in when associations publish their daily rates. Cities closer to ports like Mumbai and Chennai typically have slightly lower rates, while inland cities may be marginally higher. The difference is usually ₹50 to ₹450 per 10 grams between cities. Visit our all-cities page to compare rates nationwide.
Gold rates on GoldRateToday Live are updated every morning based on MCX opening rates and bullion association published prices for each city. Rates are updated by 10 AM IST on all trading days and reflect the day’s indicative price. Our automated scraper covers all 167 Indian cities and refreshes rates every hour to keep the data current throughout the trading day.
GST on gold in India has two components. A 3% GST applies on the value of the gold metal itself, regardless of the city or state. Making charges attract a separate 5% GST. Both components are mandatory and must appear on the invoice. There is no GST on Sovereign Gold Bonds. Gold ETF transactions attract Securities Transaction Tax rather than GST. When you resell gold to a dealer, no GST is charged on the transaction from your side.
BIS hallmarking is the Bureau of Indian Standards’ certification of gold purity, mandatory since April 2023. A hallmarked piece carries the BIS triangle logo, the karat purity mark (such as 916 for 22K), and a unique six-digit HUID code. You can verify the HUID on the BIS Care mobile app or at www.bis.gov.in to confirm the registered purity, jeweller details, and assaying centre. Always insist on a hallmarked piece before any gold purchase.
For pure investment, Sovereign Gold Bonds (SGBs) are widely considered the most tax-efficient option — they pay 2.5% annual interest, offer gold price appreciation, and are capital gains tax-free if held to maturity (8 years). Gold ETFs are better for investors who want liquidity without a long lock-in. Physical coins and bars offer tangible assets. Jewellery is the least efficient investment form due to non-recoverable making charges. Use our gold vs FD calculator to compare returns against fixed deposits.
If you sell gold within 24 months of purchase, any profit is treated as a short-term capital gain (STCG) and taxed at your applicable income tax slab rate. If you hold for more than 24 months, the profit is a long-term capital gain (LTCG) taxed at 12.5% without indexation, per Union Budget 2024 amendments. Sovereign Gold Bonds held to maturity (8 years) are completely exempt from capital gains tax. Gold received as gifts at weddings or through inheritance has specific exemptions under the Income Tax Act.
CBDT guidelines specify that income tax officers cannot seize gold during a search if it falls within prescribed limits: a married woman can hold up to 500 grams, an unmarried woman up to 250 grams, and a male member up to 100 grams. These limits apply per person. There is no upper cap on the total gold you can legally hold as long as you can explain its source through income, inheritance, or gifts. Gold purchased from declared income, received as wedding gifts, or inherited is fully permissible regardless of quantity.
A gold loan is a secured loan where you pledge gold ornaments or coins as collateral to a bank or NBFC in exchange for funds. The lender evaluates the purity and weight of your gold and offers a loan of up to 75% of its current market value, as per RBI guidelines. Interest rates range from 7% to 29% per annum. Gold loans are processed very quickly — often within 30 minutes — making them one of the fastest ways to access emergency credit in India. Use our gold loan calculator to estimate your eligible loan amount.
Gold prices are shaped by multiple forces simultaneously. Global factors include US Federal Reserve interest rate decisions (higher rates generally pressure gold lower), US dollar strength (gold moves inversely to the dollar), geopolitical tensions which drive safe-haven demand, and central bank buying worldwide. India-specific factors include the INR–USD exchange rate (a weaker rupee makes imported gold more expensive), domestic demand from festivals and weddings, government import duty changes, and rural demand linked to monsoon performance.
Timing any asset purchase perfectly is difficult. Most financial advisors recommend treating gold as a long-term wealth preservation and portfolio diversification tool rather than a short-term trading asset. A common approach is to maintain 10–15% of your total investment portfolio in gold in some form — physical, ETF, or SGB. A systematic monthly investment spreads your purchase price over time and removes the pressure of predicting the market.
Making charges are the fees jewellers charge for the labour, design, and craftsmanship involved in creating a piece. They can be charged as a flat rupee amount per gram (typically ₹150 to ₹1,500 per gram) or as a percentage of the gold value (usually 8% to 35%). Simple machine-made chains have the lowest making charges while intricate handmade temple jewellery has the highest. Making charges are generally negotiable, especially on large purchases — many jewellers will offer 5–15% off to close a sale during off-peak periods.
Yes, most jewellers accept old gold in exchange for new jewellery. The jeweller assays your old gold to determine its actual purity and weight, then pays you the prevailing rate for that purity minus a small melting or refining charge (typically 1–2%). You use that value as credit toward your new purchase, paying only the difference plus making charges and GST on the new piece. It is worth getting quotes from two or three jewellers before exchanging, as buyback terms can vary meaningfully.
A Gold SIP (Systematic Investment Plan) lets you invest a fixed amount in gold every month, typically through Gold ETFs or mutual funds. It uses rupee cost averaging — you buy more units when the price falls and fewer when it rises — smoothing out volatility over time and removing the need to time the market. Use our Gold SIP calculator to estimate how a fixed monthly investment could grow into a meaningful gold holding over 5, 10, or 20 years.
The Indian gold rate starts with the international price in US dollars per troy ounce, converts to rupees using the current exchange rate, then divides by 31.1035 (grams per troy ounce) to get a per-gram rupee figure. Import duty (approximately 15% plus cess) and 3% GST at sale are then added. This is why Indian gold rates often sit noticeably above the global price simply converted to rupees — the taxes are the gap.