Updated as of 01 Jun 2026 · 24K Gold · Delhi
| Gram | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 Gram | ₹15,476 | ₹15,476 | ▲ ₹0 |
| 8 Gram | ₹1,23,812 | ₹1,23,812 | ▲ ₹0 |
| 10 Gram | ₹1,54,765 | ₹1,54,765 | ▲ ₹0 |
| 100 Gram | ₹15,47,650 | ₹15,47,650 | ▲ ₹0 |
| 1 KG | ₹1,54,76,500 | ₹1,54,76,500 | ▲ ₹0 |
Today's 22K gold rate across major Indian cities
Gold, silver & commodities — fresh from India
If you have been following gold prices for any length of time, you already know that the number you see quoted on a website is rarely the number you end up paying at the jeweller's shop. There is always a gap — and understanding that gap is probably the most useful thing any Indian buyer or investor can do before they commit their money. The gold rate in India today is shaped by a long chain of events, from what happens at commodity exchanges in New York and London, to how the rupee is performing against the dollar, to how much customs duty the government has decided to levy, to what your neighbourhood jeweller calls his making charges. This page tries to give you all of that context in one place.
India is the world’s second-largest consumer of gold, absorbing roughly 700 to 900 tonnes every year across jewellery, investment, and industrial use. Gold is woven into the cultural fabric of the country in a way that has no real parallel elsewhere. Weddings, festivals, and religious ceremonies all call for gold, and 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.
The starting point for any gold rate in India is the international spot price, which is quoted in US dollars per troy ounce on global exchanges such as COMEX in New York and the London Bullion Market Association. This price moves around the clock, responding to everything from US Federal Reserve policy announcements to geopolitical events in the Middle East. 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 a basic customs duty on gold imports, currently among the highest in the world at around 15%. On top of that comes an Agriculture Infrastructure Development Cess. Then the Goods and Services Tax of 3% is 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, which cover the labour and artistry involved in crafting jewellery, are then 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.
Gold is not priced identically across Indian cities. The difference is usually small — ₹50 to ₹300 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, local state 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. Southern cities like Chennai and Hyderabad tend to run slightly different rates from North Indian cities like Delhi and Lucknow. In general, cities closer to ports like Mumbai and Chennai tend to have marginally lower rates due to reduced transportation costs, while inland cities like Jaipur or Lucknow may see rates that are a few hundred rupees higher.
This is one of the most common questions Indian gold buyers ask. 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 to be used in most jewellery and is more commonly found in coins, bars, and digital gold investments. If your goal is investment purity, 24K is the standard. 22 karat gold contains 91.6% pure gold (916 purity) and the remaining 8.4% is made up of silver, copper, or zinc that gives the jewellery its structural strength. The vast majority of Indian gold jewellery — rings, bangles, chains, necklaces — is made in 22K. The price difference between 24K and 22K reflects this purity gap. At today’s rates, 22K costs approximately ₹1,41,764 per 10 grams while 24K costs ₹1,54,765 per 10 grams.
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 younger buyers who want to wear more gold pieces without a large outlay. 14 karat gold at 58.5% purity is popular in export jewellery and is common in western markets, though it remains a niche category in India.
One of the most important developments for Indian gold buyers in recent years has been the mandatory rollout of Bureau of Indian Standards hallmarking with a unique six-digit alphanumeric 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 website. 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 hallmark triangle, the karat purity marking, and the six-digit HUID on any piece of jewellery you purchase. If a jeweller cannot provide a hallmarked piece, that is a red flag worth taking seriously.
Indians invest in gold in more ways than any other country, and the landscape of investment options has expanded significantly over the past decade. Here is a quick overview of the main avenues available today:
Physical Gold (Jewellery, Coins, Bars): The traditional route. Jewellery carries making charges and GST that you do not fully recover on resale. Coins and bars from certified sources like MMTC-PAMP, SBI, and India Post are closer to the pure metal price and are easier to resell. Storage and insurance are considerations with physical gold.
Sovereign Gold Bonds (SGBs): Issued by the Reserve Bank of India on behalf of the Government of India, SGBs are government securities denominated in grams of gold. They offer a 2.5% annual interest on the amount invested, plus the price appreciation of gold over the holding period. 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 available in India today.
Gold ETFs and Mutual Funds: Gold Exchange Traded Funds trade on the NSE and BSE like shares. Each unit represents approximately 1 gram of gold and is backed by physical gold held in a vault. Gold mutual funds invest in Gold ETFs and allow systematic investment plans without a demat account. These are ideal for investors who want liquidity and transparency without holding physical metal.
Digital Gold: Platforms like Paytm, PhonePe, and MMTC-PAMP allow you to buy gold in quantities as small as ₹1. The gold is physically stored on your behalf. While convenient, storage charges apply over the long term and the regulatory framework is still evolving compared to SGBs or ETFs.
Since the introduction of GST in 2017, gold transactions in India have been subject to a uniform tax structure. Here is how it breaks down at the point of purchase:
A 3% GST applies to the value of the gold itself — both for jewellery and raw gold. On making charges, whether calculated as a flat per-gram fee or as a percentage of the gold value, a separate 5% GST is applicable. There is no GST on Sovereign Gold Bonds. Gold ETF transactions attract securities transaction tax rather than GST. If you are selling gold back to a dealer, no GST is charged on the resale, though the dealer’s buyback price will be lower than the day’s market rate.
When you sell gold at a profit, the gains are subject to capital gains tax. The holding period determines which rate applies. If you sell gold 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 classified as a long-term capital gain and taxed at 12.5% without the benefit of indexation following the Union Budget 2024 amendments. Inherited gold and gold received as gifts at weddings has specific exemption provisions under the Income Tax Act. Always consult a chartered accountant for your specific situation, particularly if the amounts involved are significant.
Buying gold jewellery involves more decisions than simply knowing the day’s rate. Here are some practical pointers that can save you money and prevent disputes:
Always check the day’s 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 components — any reputable jeweller will provide this without hesitation. Verify the HUID hallmark on every piece. When comparing prices across jewellers, focus on the making charges, which can vary enormously, rather than the gold rate itself, which will be similar everywhere for the same purity. If you are buying gold coins or bars as an investment, buy only from certified sources and keep all purchase documents, as these will be required when you eventually sell. Finally, avoid buying at emotionally charged moments like the day before a wedding when time pressure may prevent you from making a careful decision.
India has one of the largest gold loan markets in the world, with institutions like Muthoot Finance, Manappuram, SBI Gold Loan, 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, meaning if you pledge gold worth ₹1,00,000, the maximum loan you can receive is ₹75,000. Interest rates vary from around 7% to 29% per annum depending on the lender and loan tenure. Gold loans are among the fastest ways to access credit in India — many branches process them within 30 minutes. Use our gold loan calculator to estimate how much you can borrow against your gold and what the monthly repayment will look like.
Today's 24K gold rate in Delhi is ₹1,54,765 per 10 grams. The 22K rate (916 purity, most common for jewellery) is ₹1,41,765 per 10 grams. Rates are as of 01 Jun 2026. Prices are indicative and may vary by city and jeweller.
The rates published 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 (₹300–₹1,500 per gram depending on design complexity), 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 10–30% to the total cost depending on the jewellery type.
Gold rates on GoldRateToday are updated every morning based on MCX opening rates and bullion association published prices for each city. Rates reflect the day's indicative price rather than tick-by-tick live data. For real-time MCX futures prices, you can refer to the MCX website directly. Our rates are updated by 10 AM IST on all trading days.
24K gold is 99.9% pure and is the benchmark for gold pricing. It is too soft for most jewellery and is mainly used for coins, bars, and investment products. 22K gold (916 purity) contains 91.6% gold and 8.4% other metals like silver or copper that make it harder and more suitable for jewellery. Most Indian gold jewellery is 22K. The price difference between the two reflects the purity difference — 22K costs approximately 8.4% less than 24K per gram.
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 you buy in. Making charges attract a separate 5% GST. Both components are mandatory and must be shown separately on the invoice. There is no GST on Sovereign Gold Bonds. When you resell gold to a dealer, no GST is charged on the transaction from your side.
For pure investment purposes, Sovereign Gold Bonds (SGBs) are widely considered the best option because they offer 2.5% annual interest plus gold price appreciation and are tax-free on capital gains if held to maturity (8 years). Gold ETFs are better for investors who want liquidity and flexibility without a long lock-in. Physical gold (coins and bars) is good if you want tangible assets. Jewellery is the least efficient investment form due to making charges that are not recovered on resale.
The most reliable way to verify gold purity in India is through BIS hallmarking. Look for the BIS triangle logo, the karat purity mark (22K, 18K etc.), and the unique six-digit HUID (Hallmark Unique Identification) code on the jewellery. You can verify the HUID on the BIS Care mobile app or at www.bis.gov.in to confirm the piece's registered purity, jeweller details, and assaying centre. Mandatory BIS hallmarking has been in force since April 2023.
Gold rates differ across Indian cities primarily because of transportation costs from import ports, local bullion association rate-setting conventions, and slight 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 like Jaipur or Lucknow may be marginally higher. The difference is usually in the range of ₹50 to ₹450 per 10 grams between cities.
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 as 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.
The Central Board of Direct Taxes (CBDT) has specified that income tax officers cannot seize gold during a search if it is 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 and there is no upper limit on gold you can legally hold as long as you can explain its source. Gold received as inheritance, gifts at weddings, or purchased from declared income is fully permissible regardless of quantity.
A gold loan is a secured loan where you pledge your 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. The loan is repaid over a fixed tenure and your gold is returned once the loan is fully repaid. Gold loans are processed very quickly — often within 30 minutes — making them one of the fastest ways to access emergency credit in India.
Gold prices are influenced by multiple factors 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 and wars (which drive safe-haven demand), and central bank buying globally. Indian-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 monsoon performance which affects rural gold demand. When all these factors align favourably, gold can move sharply higher.
Timing any asset purchase perfectly is difficult. Most financial advisors in India 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). Rather than trying to time entry perfectly, a systematic monthly investment in Gold ETFs or SGBs spreads your purchase price over time and removes the pressure of predicting the market. Current prices should always be evaluated in the context of your own financial goals and liquidity needs.
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 or when buying multiple pieces. It is always worth asking for a discount — many jewellers will offer 5–15% off making charges to close a sale, particularly during off-peak periods.
Yes, most jewellers accept old gold in exchange for new jewellery. The process involves the jeweller assaying your old gold to determine its actual purity and weight, after which they pay you the prevailing rate for that purity minus a small melting or refining charge (typically 1–2%). You then use that value as a credit toward your new purchase, paying only the difference plus making charges and GST on the new piece. Some jewellers may apply a deduction on the buyback rate compared to the day's market price. It is worth getting quotes from two or three jewellers before exchanging, as buyback terms can vary meaningfully.