Gold Rate/Price Today in India Last Updated : 05 Feb 2023

In India, gold is not just a symbol of prosperity and wealth but also a long-term investment. Gold rates change daily based on various factors ranging from local economic factors to global trends.

Knowing your city's gold rate today helps you budget for your purchases better. On this page, you can find out the latest prices of 22 Karat gold standard and 24 Karat gold pure gold (for 1 gram and 8 grams) across major cities and towns in India.

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  • Gold Price In Indian Cities

    City Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    ABOHAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ADILABAD ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    ADONI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    AGARTALA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    AGRA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    AHMEDABAD ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    AHMEDNAGAR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    AIZAWL ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    AJMER ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    AKOLA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    ALIGARH ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ALLAHABAD ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ALWAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    AMBALA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    AMBARNATH ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    AMBIKAPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    AMBUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    AMRAVATI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    AMRELI ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    AMRITSAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ANAND ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    ANANTAPUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    ASANSOL ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    AURANGABAD ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    AYODHYA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BADLAPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BAGALKOT ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    BAHADURGARH ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BALANGIR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BALASORE ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BALLARI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    BALURGHAT ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BANGALORE ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    BANKURA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BAREILLY ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BARIPADA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BARNALA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BARSHI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BATALA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BATHINDA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BEAWAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BEED ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BELGAUM ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    BERHAMPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BETUL ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BHADRAK ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BHADRAVATHI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    BHAGALPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BHARATPUR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BHARUCH ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BHAVNAGAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BHILAI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BHILWARA ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BHIMAVARAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    BHIND ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BHIWADI ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BHIWANDI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BHIWANI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BHOPAL ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BHUBANESHWAR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BHUJ ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BHUSAWAL ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BIDAR ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    BIKANER ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    BILASPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    BOKARO ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    BUDAUN ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    BURHANPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    CHANDIGARH ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    CHANDRAPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    CHENNAI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    CHHATARPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    CHHINDWARA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    CHIKMAGALUR ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    CHILAKALURIPET ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    CHIRALA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    CHITRADURGA ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    CHITTOOR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    COIMBATORE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    COOCH BEHAR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    CUDDALORE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    CUTTACK ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    DAMAN ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    DARJEELING ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    DAVANGERE ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    DEESA ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    DEHRADUN ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    DEOGHAR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    DEWAS ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    DHAMTARI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    DHANBAD ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    DHARMAVARAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    DHULE ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    DIBRUGARH ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    DINDIGUL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    DINDORI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    DISPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    DURGAPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    ELURU ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    ERODE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    FARIDABAD ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    FARIDKOT ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    FARRUKHABAD ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    FIROZABAD ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    GADAG ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    GANDHIDHAM ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    GANDHINAGAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    GANGAVATHI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    GANGTOK ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    GAYA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    GHAZIABAD ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    GIRIDIH ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    GODHRA ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    GONDIA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    GORAKHPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    GUDIVADA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    GUDIYATHAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    GUNA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    GUNTAKAL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    GUNTUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    GURGAON ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    GUWAHATI ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    GWALIOR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    HALDWANI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    HANUMANGARH ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    HARIDWAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    HASSAN ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    HAZARIBAGH ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    HINDUPUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    HINGANGHAT ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    HISAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    HOSHIARPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    HOSPET ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    HOSUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    HOWRAH ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    HUBLI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    HYDERABAD ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    ICHALKARANJI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    IMPHAL ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    INDORE ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    ITANAGAR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    ITARSI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    JABALPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    JAGDALPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    JAGTIAL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    JAIPUR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    JALANDHAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    JALGAON ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    JALNA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    JALPAIGURI ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    JAMMU ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    JAMNAGAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    JAMSHEDPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    JHANSI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    JIND ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    JODHPUR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    JORHAT ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    JUNAGADH ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    KADAPA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KADIRI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KAITHAL ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    KAKINADA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KALABURAGI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    KALYAN ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    KANCHIPURAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KANNUR ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    KANPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    KAPURTHALA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    KARAIKUDI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KARIMNAGAR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KARNAL ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    KARUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KAVARATTI ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    KHAMMAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KHANDWA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    KHANNA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    KHARAGPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    KHARGONE ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    KOCHI ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    KOHIMA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    KOLAR ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    KOLHAPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    KOLKATA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    KOLLAM ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    KORBA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    KOTA ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    KOZHIKODE ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    KUMBAKONAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    KURNOOL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    LATUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    LUCKNOW ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    LUDHIANA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MACHILIPATNAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    MADANAPALLE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    MADURAI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    MAHABUBNAGAR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    MALAPPURAM ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    MALDA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    MALEGAON ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    MALERKOTLA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MANDSAUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    MANDYA ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    MANGALAGIRI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    MANGALORE ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    MATHURA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MEERUT ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MEHSANA ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    MIRYALAGUDA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    MIRZAPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MOGA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MOHALI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MORADABAD ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MORBI ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    MORENA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    MUMBAI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    MURSHIDABAD ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    MURWARA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    MUZAFFARNAGAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    MUZAFFARPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    MYSORE ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    NADIAD ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    NAGAPATTINAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NAGERCOIL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NAGPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    NALGONDA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NANDED ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    NANDURBAR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    NANDYAL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NARASARAOPETA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NASIK ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    NAVSARI ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    NEEMUCH ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    NELLORE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NEW DELHI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    NEYVELI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NIZAMABAD ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    NOIDA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ONGOLE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    OSMANABAD ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    PALANPUR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    PALWAL ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PANAJI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    PANCHKULA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PANIPAT ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PANVEL ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    PARBHANI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    PATAN ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    PATHANKOT ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PATIALA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PATNA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    PHAGWARA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PIMPRI CHINCHWAD ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    POLLACHI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    PONDICHERRY ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    PORBANDAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    PORT BLAIR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    PRODDATUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    PUDUKKOTTAI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    PUNDRI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    PUNE ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    PURI ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    PURULIA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    RAICHUR ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    RAIGANJ ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    RAIGARH ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    RAIPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    RAJAHMUNDRY ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    RAJAPALAYAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    RAJKOT ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    RAJNANDGAON ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    RAMAGUNDAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    RAMANATHAPURAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    RAMPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    RANCHI ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    RATLAM ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    RATNAGIRI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    REWA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    REWARI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ROHTAK ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    ROURKELA ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    SAGAR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SAHARANPUR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    SALEM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    SAMBALPUR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    SANGLI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SATARA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SATNA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SEONI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SHILLONG ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    SHIMLA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    SHIMOGA ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    SIDDIPET ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    SIKAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    SILCHAR ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    SILIGURI ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    SINGRAULI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SIRSA ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    SIVAKASI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    SOLAPUR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    SONIPAT ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    SRI GANGANAGAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    SRI MUKTSAR SAHIB ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    SRIKAKULAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    SRINAGAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    SURAT ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    SURENDRANAGAR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    SURYAPET ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TADEPALLIGUDEM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TADIPATRI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TENALI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    THANE ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    THANJAVUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    THENI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    THIRUVANANTHAPURAM ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    THOOTHUKUDI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    THRISSUR ₹ 5,240 ₹ 41,920 ₹ 5,502 ₹ 44,016
    TIRUCHIRAPALLI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TIRUNELVELI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TIRUPATI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TIRUPPUR ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    TIRUVANNAMALAI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    UDAIPUR ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    UDGIR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    UDUPI ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    UJJAIN ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    ULHASNAGAR ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    VADODARA ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    VALSAD ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    VANIYAMBADI ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    VAPI ₹ 5,324 ₹ 42,592 ₹ 5,590 ₹ 44,720
    VARANASI ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    VASAI ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    VELLORE ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    VIDISHA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    VIJAYAPURA ₹ 5,355 ₹ 42,840 ₹ 5,623 ₹ 44,984
    VIJAYAWADA ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    VISAKHAPATNAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    VIZIANAGARAM ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    WARANGAL ₹ 5,335 ₹ 42,680 ₹ 5,602 ₹ 44,816
    WARDHA ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800
    YAMUNA NAGAR ₹ 5,350 ₹ 42,800 ₹ 5,618 ₹ 44,944
    YAVATMAL ₹ 5,333 ₹ 42,664 ₹ 5,600 ₹ 44,800

    Gold Rates for 22 Karat Gold Across Leading Cities in India

    Here are the latest gold rates across some of the popular cities in India:

    Gold Price in Popular Cities in India Price per 10 grams (22 karat/carat)
    Chennai Rs.47,310
    Hyderabad Rs.47,200
    Delhi Rs.47,200
    Mumbai Rs.47,210
    Bangalore Rs.47,080
    Kolkata Rs.47,190
    Vijayawada Rs.47,110
    Pune Rs.47,210
    Coimbatore Rs.48,100
    Ahmedabad Rs.47,100
    Chandigarh Rs.47,100
    Kochi Rs.47,210
    Lucknow Rs.47,120
    Kerala Rs.47,210
    Vadodara Rs.47,230
    Madurai Rs.47,100
    Patna Rs.47,200
    Surat Rs.47,110
    Bhubaneswar Rs.47,100
    Mangalore Rs.47,100
    Mysore Rs.47,110
    Visakhapatnam Rs.47,120
    Nashik Rs.47,310

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Know about Today's Gold Price in India

    India is the largest consumer of gold in the world, accounting for almost a quarter of the world’s total consumption. It is viewed as a solid instrument for investments, and even traders who are into commodities trading, invest in gold bullion. These investments are usually dictated by the current gold rates prevailing in the economy.

    Gold Rate in India change daily and depend on several factors. Some of the factors that determine gold prices in India are market conditions globally, value of the rupee against the dollar, and demand and supply.

    Historical Gold Price in India

    Here are the prices of gold in India over the last year:

    Months Lowest Price 24 Karat Gold – ₹ Per 10 Grams Highest Price 24 Karat Gold – ₹ Per 10 Grams
    December 2022 50,120 51,910
    November 2022 50,110 51,890
    October 2022 50,210 51,790
    September 2022 50,310 52,890
    August 2022 50,350 52,860
    July 2022 50,250 52,760
    June 2022 50,350 52,860
    May 2022 50,290 52,790
    April 2022 47,800 52,140
    March 2022 50,950 54,330
    February 2022 48,980 51,550
    January 2022 48,390 49,860

    January 2023 Gold Rate in India

    Parameter Gold price (24 karat)
    January 1 Rate Rs.5,429 per gram
    January 23 Rate Rs.5,612 per gram
    Highest Rate in January Rs.5,612 per gram on 23 January
    Lowest Rate in January Rs.5,402 per gram on 2 January
    Overall Performance Incline

    December 2022 Gold Rate in India

    Parameter Gold price (24 karat)
    December 1 Rate Rs.5,234 per gram
    December 31 Rate Rs.5,360 per gram
    Highest Rate in December Rs.5,397 per gram on 19,20 December
    Lowest Rate in December Rs.5,234 per gram on 1 December
    Overall Performance Incline

    November 2022 Gold Rate in India

    Parameter Gold price (24 karat)
    November 1 Rate Rs.4,998 per gram
    November 30 Rate Rs.5,213 per gram
    Highest Rate in November Rs.5,213 per gram on 15 and 17 November
    Lowest Rate in November Rs.4,998 per gram on 1 November
    Overall Performance Incline

    Determination of Hallmarked Gold Rates

    The prices of standard gold and hallmarked gold are the same. The main difference between hallmarked gold and standard gold is purity. Purity is ensured via hallmarking.

    Factors that Impact Gold Prices in India

    Some of the factors that determine Gold Prices in India are given below:

    1. Import costs - Since demand is primarily met through gold imports, import costs affect the gold rate in India. Higher the costs, the higher the price of gold.
    2. Interest rates on bank fixed deposits - Bank fixed deposits are the go-to investment option for Indians. It is only rivalled by investments in gold. When FD rates fall, investors prefer moving their money to gold. Hence, the demand for gold rises and thereby prices.
    3. Strength of the US dollar - When the US dollar weakens, gold rates in India rise and gold prices in India fall when the US dollar strengthens. Since, India buys its gold from foreign countries, and when the US dollar strengthens against the Indian rupee, it makes purchases of gold (usually done in USD) more expensive.
    4. Global economic stability - Gold prices rise during economic instability as gold is considered a safer asset than others. People tend to move their money out of riskier assets into gold. Other assets bear the risk of being significantly devalued, whereas gold with high liquidity continues to hold value even during times of crisis.
    5. Seasonality - In India, demand for gold during festivals, marriages, and other auspicious occasions. Prices tend to be higher during these times.
    6. Inflation: Since gold is bought to hedge against inflation, gold prices tend to rise when inflation is on an upward trend.
    7. International prices - In general, when gold rates are on an upward trend, globally, gold prices in India also move upwards. Many central banks, especially in the US and Europe, hold substantial gold reserves. Prices move upward when these banks or other financial organizations buy more gold.
    8. International gold prices are hugely affected by the prices fixed on the London Gold Market, twice a day, i.e., once at 10:30 a.m. and once at 3 p.m. USD is the currency generally used when quoting prices, although it is fixed in Pound Sterlings and Euros as well.
    9. Production costs - Mining companies sometimes increase prices on production costs. This is reflected in the price of gold imported into India.
    10. Supply - Domestic production and supply are limited in India. Supply constraints can push prices upwards. Similarly, lower supplies of gold globally can make the metal dearer in India.

    Sovereign Gold Bond Scheme

    You can purchase Sovereign Gold Bonds from a commercial bank listed in India to avoid theft, fraud, etc. This will help you to avoid theft or fraud. An interest rate of up to 2.50% p.a. is provided if you purchase a bond. The Reserve Bank of India will determine the price for the Sovereign Gold Bond.

    Sovereign Gold Bonds can be purchased at a post office and the Stock Holding Corporation. However, the interest earned from Sovereign Gold Bond Scheme is taxable.

    Storing Gold in India

    A bank locker can be hired if you wish to invest in gold. Even though bank lockers may be expensive, they are safe. You can also purchase gold in electronic form. Gold can be bought in bulk in the form of ETF. Purchasing gold in electronic form will protect against theft.

    Gold Import in India

    If you come to India from abroad, a certain amount of gold can be brought back. Rs.1 lakh worth of gold can be brought back by female passengers, while Rs.50,000 worth of gold can be brought back by male passenger. The maximum amount of gold that can be brought back to India is 1 kg. However, duty will be levied and will depend on the value of the yellow metal.

    Gold Demand in India

    Over the last few years, the demand for gold in India has increased significantly. Apart from purchasing physical gold, individuals can invest in gold ETFs and e-gold.

    Process to Purchase Gold Coins

    Gold coins in the country can be purchased in several grams. Up to 10 grams of gold coins can be purchased. It is important that you check the purity before purchasing gold coins. Certain banks supply gold coins. Tax is applicable if gold coins are purchased using a credit card. Gold coins can be purchased from jewelry shops as well.

    Why is the Gold Rate Different in Different Cities in India?

    Gold rates vary across different cities in India. The key reasons for this are:

    1. Taxes - State taxes differ from state to state. Some states levy higher taxes than others. This is one of the reasons why gold is more expensive in some cities than others.
    2. Demand - Owing to different population sizes and varying demographics, demand for gold also varies. Discounts are usually offered on larger volumes. So gold prices in cities like Mumbai are lower, given the more significant quantum of transactions.
    3. Carriage - Indian imports a bulk of its gold requirements by sea. Gold prices in port cities, e.g., Chennai, are lower than those in interior cities, e.g., Delhi, because of the absence of inland transport charges.
    4. Local associations - Cities have gold associations, which have a say in setting the prices. This will also account for differences in gold prices between cities.

    Gold measurements in India

    Gold is measured in grams and troy weight. (Troy ounces, million ounces, grams, kilograms, tonnes, short tonne, metric tonnes, tolas, etc.)

    Karat represents purity when gold is mixed or alloyed with other base metals such as copper. 24K or 24 karat gold is pure gold. Fineness is to represent gold parts per thousand. (18K gold would be 18 of 24 karats out of 1,000 parts or fineness of 750).

    What is the Difference Between Carat and Karat?

    Carat is a unit of weight used to measure precious gems such as diamonds and pearls. Two hundred milligrams or 0.2 grams make a metric carat. Carats are abbreviated to ct. Carats are often mistaken to denote size.

    Karat is a unit of finesse or purity used to measure gold. 24-karat gold denotes pure gold. When gold is mixed with another metal, the purity is diluted. The purity is then expressed as the parts of gold out of 24. E.g., 22 karat gold (mixed with copper) will be 22 parts gold and two parts copper. Gold being soft, is alloyed with another metal, usually copper, to attain form. Karat is abbreviated to kt.

    What is the Difference Between 22k and 24k Gold?

    Karats represent the finesse or purity of gold. Gold, a very malleable metal, is too soft to attain form on its own. It is usually alloyed with another metal, mainly copper, to attain form. The purity of the gold is then represented in karats as the parts of the gold present out of 24.

    24-karat gold is 99.99% pure gold, whereas 22-karat gold is 91.67% pure. 22 karat gold means the alloy consists of 22 parts gold and two parts of the alloyed metal.

    24k gold is priced higher than 22k gold being purer. However, some people prefer 22k gold being more durable. Import duties are generally lower for 24k gold and higher for 22k gold.

    Indian gold reserves

    This is the amount of gold held by India’s Central Bank. Referred to as store value, it is against these reserves that currency is printed and circulated in the economy. Besides providing value to currency, these reserves act as security for amounts due to depositors or trading partners.

    Gold as an Investment in India

    Some of different ways of investing in gold are mentioned below:

    • Jewellery
    • Gold bars
    • Gold coins
    • Multi Commodity Exchange

    Investments in gold commodities, ETFs, funds and stocks can be done online adding another dimension to gold investments in India.

    Digital Gold in India

    With the world going digital, it is no surprise that gold has followed the digital trend. When you buy digital gold, you will be investing in pure gold, the physical equivalent of which will be securely stored by the seller in high-security vaults. The service provider should provide an invoice for the digital gold purchased, along with a vault balance reflected in the buyer's account.

    You can sell the digital gold price at live market rates whenever you wish. You can also choose to take home the digital gold that was purchased. This can be taken in the form of jewelry or coins of equivalent value, but after adjusting the packaging and making charges. There is no overall limit to how much digital gold you can buy, although there is a daily limit of Rs.2 lakh worth of gold.

    You can buy digital gold through several jewelers with tie-ups with the three licensed entities to sell digital gold in India - Digital Gold India (SafeGold), MMTC PAMP, and Augmont Goldtech. You can also buy digital gold through UPI payment apps such as PhonePe, Google Pay, PayTM, etc. However, brokerage firms have been barred by SEBI from selling digital gold. And also, check the prices of silver in India today.

    Gold Trading as a Commodity in India

    Gold is traded through spot contracts or derivative contracts, i.e., investors can trade in gold without possessing its physical form.

    • Gold spot contracts are whereby gold is bought and immediately delivered (i.e., sold and delivered right away).
    • Gold futures contracts are whereby gold is bought and sold at a later date as per the contract. Unlike most other commodities, gold futures are traded at spot prices and not at prices influenced by demand and supply.

    Gold is traded as a commodity on three major commodity exchanges in India:

    1. Multi Commodity Exchange (MCX)
    2. National Commodity & Derivatives Exchange (NCDEX)
    3. National Spot Exchange (NSEL)

    Gold Futures Contracts on MCX

    MCX is India’s leading commodities exchange and a leading exchange to trade in gold. Contracts traded here offer significant liquidity and offer investors the option of contracts in four different sizes as outlined below with their other key features:

    Gold
    • Ticker GOLD
    • Trades during 6 months of the year i.e. February, April, June, August, October, December (Monday - Saturday)
    • 1 contract = 1 kg of gold
    • Initial margin: 4%
    • Daily price limit: 3%
    • Upper limit on positions: Up to 2.5 MT for individual clients; higher of 12.5 MT or 15% of open position on market for all clients together through a member
    • Quality: 995 purity, 999 purity
    Gold Mini:
    • Ticker GOLDM
    • Trades in all 12 months i.e. January to December (Monday - Saturday)
    • 1 contract = 100 grams of gold
    • Initial margin: 4%
    • Limits on positions: Up to 2.5 MT for individual clients; higher of 12.5 MT or 15% of open position on market for all clients together through a member
    • Quality: 995 purity, 999 purity
    Gold Guinea:
    • Ticker GOLDGuinea
    • Trades in all 12 months i.e. January to December
    • 1 contract = 8 grams of gold
    • Limits on positions: Up to 2 MT or up to 250,000 contracts at one time
    Gold Petal:
    • Trades in months as specified by the exchange
    • 1 contract = 1 gram of gold
    • Limits on positions: Up to 2,000,000 contracts at one time

    Information is now available online from many sources, both authoritative as well as informational. This facilitates decision-making to save time and effort. Besides the latest gold rates and factors that affect gold prices, information is available on gold production, trades, different forms of gold (physical and paperless), leading jewelers, etc. Experts also publish their views on gold as an asset as well their outlook on the performance of gold.

    Gold Weight Conversion Table

    To convert from To Multiply by
    Tonnes Troy ounces 32150.7
    Troy ounces Grains 480
    Kilograms Tolas 85.755
    Kilograms Bahts 68.41
    Kilograms Troy ounces 32.1507
    Troy ounces Grams 31.1035
    Million ounces Tonnes 31.1035
    Kilograms Taels 26.7172
    Troy ounces Penny weights 20
    Troy ounces Avoirdupois ounces 1.09714
    Avoirdupois ounces Troy ounces 0.911458
    Short tonne Metric tonne 0.9072
    Grams Troy ounces 0.0321507

    Which is the best investment option: Physical Gold, Gold ETFs, or Sovereign Gold Bonds?

    In this section, we talk about all three investment options pertaining to gold and determine which of these is better.

    Paramaters Physical Gold Gold ETFs Sovereign Gold Bonds
    Liquidity High High Bonds can be purchased at banks
    Safety Low compared to bonds and ETFS High, as ETFs can be stored in the DEMAT account High, as bonds can be stored in the DEMAT account
    Loan Can be availed Can be availed No loans can be availed
    Investment Short-term Small quantities can be purchased and maintenance is low Small quantities can be purchased and maintenance is low
    Tax Long Terms Capital Gains is applicable in case the investment is for than three years. In case the investment is for less than three years, tax that is levied will depend on the tax slab of the individual.
    However, in case you invest in Sovereign Gold Bons and the investment amount is redeemed after maturity, no tax has to be paid on the gains.

    Taxes on Gold in India

    Gold as a commodity attracts taxation in India, and depending on what it is used for; the taxes levied on the resource differ.

    Tax on Purchase of Gold

    Most gold in India is imported, resulting in gold being subject to customs duty. The customs duty payable on gold stands at 10% of the total value of the gold. In addition, processing charges associated with purchase would be taxed at 5%.

    The sale of Gst on gold in India brings it under the purview of GST (Goods and Services Tax), that was introduced in 2017. The GST on gold was set at 3%. As a result, the total tax payable on gold stands at 14% at present.

    Hyderabad gets first Gold ATM in India

    The first Gold ATM, called Goldsikka ATM, has been inaugurated in Hyderabad. Gold coins can be bought with the help of credit cards and debit cards. Five kilogram options and eight quantity options are provided. Gold coins from 0.5 grams to 100 grams can be purchased. The capacity of each ATM is five kilograms. Individuals can visit the ATM to purchase gold rather than jewellery stores.

    FAQs on Gold Price Today in India

    1. How many grams in one tola gold?

      Tola is a Hindi term used to measure gold. One tola gold is equivalent to 10 grams of gold.

    2. Which gold is best 22k or 23k?

      22-karat and 23-karat gold are not the purest forms of gold. In its purest form, the precious yellow metal is not very strong and unsuitable for jewelry-making. Usually, 22-karat gold is used for making gold ornaments. However, if a customer is looking for high-purity gold jewelry, 23-karat gold is a good option. Since the purity is higher, the price of 23-karat gold is also slightly higher than 22-karat gold. However, the price is lower than 24-karat gold.

    3. What is 24 karat and 22 karat gold?

      Karat is the unit used to determine the purity of gold. 24 karat is pure gold and does not contain any impurities. It is mainly used for gold coins, bars, and electronic and medical devices. 22 karat gold, on the other hand, is an alloy wherein 91.67% is gold and the remaining is a mixture of metals like zinc, silver, nickel, etc. These impurities in the 22-karat gold make the metal more potent, allowing it to be used for making jewelry.

    4. Why do gold rates fluctuate in different cities in India?

      The main reason behind the varied rates of gold across different cities and states in India is the addition of transportation charges for the precious metal. In addition to that, the rates also vary depending on the discount provided for bulk purchases. The transportation charges added to the price of gold led to fluctuating rates across the country during the same period.

    5. Is 22K gold same as 916 gold?

      Yes, 22-karat gold and 916 gold are the same. 916 denotes the percentage of pure gold in the 22-karat gold alloy. Of 100 grams of 22-karat gold, 91.6 grams is pure gold, and the remainder is a mix of other metals. In other words, 916 stands for 91.6% gold or 22/24 karat purity.

    6. Which is preferable out of 22K and 24K Gold?

      The preference in terms of 22-karat gold and 24-karat gold depends on the purpose of the gold. 24 karat is the purest form of gold and is used for making gold bars, gold coins, medical and electrical devices, etc. However, 24-karat gold, being brittle, is not a very good option for making jewelry. 22 karat is a preferable option for making gold jewelry as the mixture of alloys makes the metal more substantial and a better choice.

    7. Will the gold price keep changing in India?

      Yes, the gold price in India will keep changing. Gold prices change based on fluctuations in the market, government tariffs, duties, etc.

    8. How is hallmarked gold rate in India determined?

      The price of gold is fixed every day. It depends on two main factors- parts of gold in the jewelry (22KT or 18KT) and the type of metal used to mix with the gold.

    9. Who imports and how is 22 carat gold Price in India?

      Gold is imported into India by the Bank of Baroda, State Bank of India, Bank of India, Union Bank of India, Yes Bank, Punjab National Bank, and Minerals and Metal Trading Corporation of India.

    10. Which is better physical gold or digital gold?

      Physical gold can be held as it is a universal finite currency and is held by most central banks. You can also buy or sell digital gold units quickly anytime and anywhere, and they can be used as collateral for your online loans.

    11. Is digital gold taxable?

      Yes, Digital Gold Price will be taxed at 30%.

    12. Is it profitable to invest in digital gold?

      If you have invested in digital gold (24K 99.9% pure gold), the chances of loss are low; however, it does exist.

    13. Is GPAY gold safe?

      GPAY gold is safer to store gold as compared to physical gold.

    14. Can I buy gold without GST?

      GST is levied on both physical gold and digital gold.

    15. Which form of gold is best for investment?

      Sovereign Gold Bonds are a safe way to buy digital gold as the Reserve Bank of India issues them.

    16. What is digital gold investment?

      Digital gold is virtual gold, and you can buy the gold without having to hold the metal physically.

    17. How many grams is Tulam gold?

      Tulum gold is 11.6638038 grams.

    News on India Gold Rate

    • Prior to US Fed policy decision and Union Budget, gold prices remain unchanged

      The price of gold remains stable on 1 February 2023. Gold's support is Rs.56,620-Rs.56,480 and resistance is Rs.57,240-Rs.57,510.

      02 February 2023

    • City-wise gold price in India

      In Kolkata, Mumbai, and Hyderabad 24 karat (10 grams) is selling at Rs.56,730. In Chennai and Bangalore, 10 grams of 24 karat gold is trading for Rs.57,719 and Rs.56,780 respectively. You can purchase 24 karat gold (10 grams) for Rs.56,890 in Delhi.

      24 January 2023

    • Rate of gold slips

      10 gramme of 24-carat and 22-carat gold sold for Rs.55,960 and Rs.51,300 in Mumbai, Kolkata, and Hyderabad, respectively. In Delhi, 10 grammes of 24-carat and 22-carat gold were trading at Rs.51,450 and Rs.56,110, respectively. In Chennai, 10 gramme of 24-carat and 22-carat gold was selling for Rs.57,050 and Rs.52,300, respectively.

      13 January 2023

    • Gold prices increase on 10 January 2023

      Gold sells for Rs.56,290 after increasing by Rs.330 on 10 January 2023. The price of 22 karat gold (10 gram) in Hyderabad, Mumbai, and Kolkata is Rs.51,600. In Chennai and Delhi, the cost of 22 karat gold (10 gram) is Rs.52,600 and Rs.51,750 respectively. The cost of 24 karat gold (10 gram) in Delhi is Rs.56,440, in Chennai is Rs.57,380, in Mumbai is Rs.56,290, in Kolkata is Rs.56,290, and in Hyderabad is Rs.56,290.

      11 January 2023

    • Gold prices are stable today

      Gold prices across major Indian cities are stable today. The price of 10 gram of 22 karat gold is Rs.50,080 while 24 karat gold costs Rs.55,200 per 10 gram in Visakhapatnam. In Bengaluru, Hyderabad, and Kerala, 10 gram of 22 karat and 24 karat gold are priced at Rs.50,600 and Rs.55,200, respectively.

      02 January 2023

    • The cost of 22-carat and 24-carat gold has gone down today

      The price of yellow metal slashed today, 30 December, across the country. Gold price stands at Rs.50,080 and Rs.54,630 for 10 grams of 22-carat and 24-carat in Mumbai and Kolkata, respectively. While in Delhi, the cost of 22-carat and 24-carat dropped by Rs.100 and Rs.110, respectively, and stands at Rs.50,200 and Rs.54,750, respectively. In Chennai, for the same quantity and variant of gold, the price went down by Rs.100 and stands at Rs. 50,950 and Rs.55,580, respectively.

      31 December 2022

    • Price of gold remains unchanged in some of the major cities in South India today

      Gold price in South Indian cities remains unchanged today, 28 December. The cost of 22-carat and 24-carat gold in Visakhapatnam, Hyderabad, Kerala, and Bangalore stands at Rs.49,950 and Rs.54,480 for 10 grams, respectively. The prices vary across Indian cities due to the differences in local taxes.

      29 December 2022

    • Gold rates in Chennai, Delhi, Kolkata, and Mumbai

      The cost of 10 gram of 22 karat gold in Mumbai is Rs.50,250, and the cost of 10 gram of 24 karat gold is Rs.54,820. In Kolkata, 22 karat gold cost Rs.50,250 (10 gram), and 24 karat gold cost Rs.54,820 (10 gram). In Delhi, 22 karat and 24 karat gold are priced at Rs.50,400 (10 gram) and Rs.54,980 (10 gram) respectively. 10 gram of 22 karat gold can be purchased for Rs.50,250, while 10 gram of 24 karat gold costs Rs.54,820 in Bhubaneswar. In Chennai, 22 karat gold costs Rs.47,927 (10 gram), and 10 gram of 24 karat gold costs Rs.52,285.

      24 December 2022

    • Gold price is traded at Rs.54,110 on 19 December

      TOn December 19, ten grams of 24 karat gold rate reduced. Ten grams of 24 karat gold are currently selling for Rs.54,110. Ten grams of 22-karat gold, however, can be purchased for Rs.49,600 in Mumbai and Kolkata. Ten grams of 22 karat gold are worth Rs.50,560 in Chennai.

      20 December 2022

    • Gold prices fluctuates in some of the major Indian cities today

      Gold records a country-wide fluctuation in its price today, 16 December. In the nation’s capital, Delhi, 24-carat and 22-carat gold are selling at Rs.54,670 and Rs.50,140, respectively. For the same quantity of 24-carat and 22-carat gold is trading at Rs.54,530 and Rs.49,990, respectively, in Mumbai and Kolkata. While in Delhi, Chennai, and Bhubaneswar, the price of 22-carat gold stands at Rs.50,140, 47,927, and Rs.49,370, and the cost of 24-carat gold stands at Rs.54,670, Rs.52,285, and Rs.53,890, respectively.

      17 December 2022

    • The cost of gold stands at Rs.54,330 today on 14 December

      The price of 10 grams of 24-carat and 22-carat gold stands at Rs.54,330 and Rs.49,800, respectively, in Kolkata, Hyderabad, Mumbai, Pune, and Kerala. In Chennai, the yellow metal is trading at Rs 54,980 and Rs 50,400, respectively. While in the nation’s capital, Delhi, gold is selling at Rs 54,490 and Rs 49,950 for 10 grams of 24-carat and 22-carat, respectively. The US gold futures dropped by 0.20%, and the spot gold also recorded a little change today, 14 December.

      15 December 2022

    • US gold futures went up today on 13 December

      The US gold futures went up by 0.10% today, 13 December, while the spot gold remained steady. The gold February futures were trading at Rs.54,159 for 10 grams of yellow metal on the Multi Commodity Exchange (MCX), which is Rs.27 or 0.05% above the previous rate.

      14 December 2022

    Gold Rate In Metro Cities
    Gold Rate In Other Capitals
    Gold Rate In Other Major Cities
    Gold Rate In States
    Bank Gold Schemes

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