Gold Rate/Price Today in India Last Updated : 06 Dec 2022

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.

More
  • Gold Price In Indian Cities

    City Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    ABOHAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ADILABAD ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    ADONI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    AGARTALA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    AGRA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    AHMEDABAD ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    AHMEDNAGAR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    AIZAWL ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    AJMER ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    AKOLA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    ALIGARH ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ALLAHABAD ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ALWAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    AMBALA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    AMBARNATH ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    AMBIKAPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    AMBUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    AMRAVATI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    AMRELI ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    AMRITSAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ANAND ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    ANANTAPUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    ASANSOL ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    AURANGABAD ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    AYODHYA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BADLAPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BAGALKOT ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    BAHADURGARH ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BALANGIR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BALASORE ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BALLARI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    BALURGHAT ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BANGALORE ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    BANKURA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BAREILLY ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BARIPADA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BARNALA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BARSHI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BATALA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BATHINDA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BEAWAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BEED ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BELGAUM ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    BERHAMPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BETUL ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BHADRAK ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BHADRAVATHI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    BHAGALPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BHARATPUR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BHARUCH ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BHAVNAGAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BHILAI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BHILWARA ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BHIMAVARAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    BHIND ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BHIWADI ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BHIWANDI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BHIWANI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BHOPAL ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BHUBANESHWAR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BHUJ ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BHUSAWAL ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BIDAR ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    BIKANER ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    BILASPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    BOKARO ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    BUDAUN ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    BURHANPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    CHANDIGARH ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    CHANDRAPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    CHENNAI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    CHHATARPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    CHHINDWARA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    CHIKMAGALUR ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    CHILAKALURIPET ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    CHIRALA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    CHITRADURGA ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    CHITTOOR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    COIMBATORE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    COOCH BEHAR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    CUDDALORE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    CUTTACK ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    DAMAN ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    DARJEELING ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    DAVANGERE ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    DEESA ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    DEHRADUN ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    DEOGHAR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    DEWAS ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    DHAMTARI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    DHANBAD ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    DHARMAVARAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    DHULE ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    DIBRUGARH ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    DINDIGUL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    DINDORI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    DISPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    DURGAPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    ELURU ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    ERODE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    FARIDABAD ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    FARIDKOT ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    FARRUKHABAD ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    FIROZABAD ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    GADAG ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    GANDHIDHAM ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    GANDHINAGAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    GANGAVATHI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    GANGTOK ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    GAYA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    GHAZIABAD ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    GIRIDIH ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    GODHRA ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    GONDIA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    GORAKHPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    GUDIVADA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    GUDIYATHAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    GUNA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    GUNTAKAL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    GUNTUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    GURGAON ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    GUWAHATI ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    GWALIOR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    HALDWANI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    HANUMANGARH ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    HARIDWAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    HASSAN ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    HAZARIBAGH ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    HINDUPUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    HINGANGHAT ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    HISAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    HOSHIARPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    HOSPET ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    HOSUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    HOWRAH ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    HUBLI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    HYDERABAD ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    ICHALKARANJI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    IMPHAL ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    INDORE ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    ITANAGAR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    ITARSI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    JABALPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    JAGDALPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    JAGTIAL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    JAIPUR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    JALANDHAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    JALGAON ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    JALNA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    JALPAIGURI ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    JAMMU ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    JAMNAGAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    JAMSHEDPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    JHANSI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    JIND ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    JODHPUR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    JORHAT ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    JUNAGADH ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    KADAPA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KADIRI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KAITHAL ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    KAKINADA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KALABURAGI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    KALYAN ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    KANCHIPURAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KANNUR ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    KANPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    KAPURTHALA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    KARAIKUDI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KARIMNAGAR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KARNAL ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    KARUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KAVARATTI ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    KHAMMAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KHANDWA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    KHANNA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    KHARAGPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    KHARGONE ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    KOCHI ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    KOHIMA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    KOLAR ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    KOLHAPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    KOLKATA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    KOLLAM ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    KORBA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    KOTA ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    KOZHIKODE ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    KUMBAKONAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    KURNOOL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    LATUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    LUCKNOW ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    LUDHIANA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MACHILIPATNAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    MADANAPALLE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    MADURAI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    MAHABUBNAGAR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    MALAPPURAM ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    MALDA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    MALEGAON ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    MALERKOTLA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MANDSAUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    MANDYA ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    MANGALAGIRI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    MANGALORE ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    MATHURA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MEERUT ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MEHSANA ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    MIRYALAGUDA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    MIRZAPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MOGA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MOHALI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MORADABAD ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MORBI ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    MORENA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    MUMBAI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    MURSHIDABAD ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    MURWARA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    MUZAFFARNAGAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    MUZAFFARPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    MYSORE ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    NADIAD ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    NAGAPATTINAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NAGERCOIL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NAGPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    NALGONDA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NANDED ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    NANDURBAR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    NANDYAL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NARASARAOPETA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NASIK ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    NAVSARI ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    NEEMUCH ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    NELLORE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NEW DELHI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    NEYVELI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NIZAMABAD ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    NOIDA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ONGOLE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    OSMANABAD ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    PALANPUR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    PALWAL ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PANAJI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    PANCHKULA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PANIPAT ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PANVEL ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    PARBHANI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    PATAN ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    PATHANKOT ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PATIALA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PATNA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    PHAGWARA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PIMPRI CHINCHWAD ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    POLLACHI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    PONDICHERRY ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    PORBANDAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    PORT BLAIR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    PRODDATUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    PUDUKKOTTAI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    PUNDRI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    PUNE ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    PURI ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    PURULIA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    RAICHUR ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    RAIGANJ ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    RAIGARH ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    RAIPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    RAJAHMUNDRY ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    RAJAPALAYAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    RAJKOT ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    RAJNANDGAON ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    RAMAGUNDAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    RAMANATHAPURAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    RAMPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    RANCHI ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    RATLAM ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    RATNAGIRI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    REWA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    REWARI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ROHTAK ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    ROURKELA ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    SAGAR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SAHARANPUR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    SALEM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    SAMBALPUR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    SANGLI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SATARA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SATNA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SEONI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SHILLONG ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    SHIMLA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    SHIMOGA ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    SIDDIPET ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    SIKAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    SILCHAR ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    SILIGURI ₹ 5,065 ₹ 40,520 ₹ 5,318 ₹ 42,544
    SINGRAULI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SIRSA ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    SIVAKASI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    SOLAPUR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    SONIPAT ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    SRI GANGANAGAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    SRI MUKTSAR SAHIB ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    SRIKAKULAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    SRINAGAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    SURAT ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    SURENDRANAGAR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    SURYAPET ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TADEPALLIGUDEM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TADIPATRI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TENALI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    THANE ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    THANJAVUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    THENI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    THIRUVANANTHAPURAM ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    THOOTHUKUDI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    THRISSUR ₹ 4,930 ₹ 39,440 ₹ 5,177 ₹ 41,416
    TIRUCHIRAPALLI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TIRUNELVELI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TIRUPATI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TIRUPPUR ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    TIRUVANNAMALAI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    UDAIPUR ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    UDGIR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    UDUPI ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    UJJAIN ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    ULHASNAGAR ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    VADODARA ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    VALSAD ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    VANIYAMBADI ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    VAPI ₹ 5,046 ₹ 40,368 ₹ 5,298 ₹ 42,384
    VARANASI ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    VASAI ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    VELLORE ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    VIDISHA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    VIJAYAPURA ₹ 5,045 ₹ 40,360 ₹ 5,297 ₹ 42,376
    VIJAYAWADA ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    VISAKHAPATNAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    VIZIANAGARAM ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    WARANGAL ₹ 5,010 ₹ 40,080 ₹ 5,261 ₹ 42,088
    WARDHA ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112
    YAMUNA NAGAR ₹ 5,040 ₹ 40,320 ₹ 5,292 ₹ 42,336
    YAVATMAL ₹ 5,013 ₹ 40,104 ₹ 5,264 ₹ 42,112

    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
    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

    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

    October 2022 Gold Rate in India

    Parameter Gold price (24 karat)
    October 1 Rate Rs.5,002 per gram
    October 31 Rate Rs.5,009 per gram
    Highest Rate in October Rs.5,061 per gram on 27 and 28 October
    Lowest Rate in October Rs.5,009 per gram on 31 October
    Overall Performance Decline

    September 2022 Gold Rate in India

    Parameter Gold price (24 karat)
    September 1 Rate Rs.4,997 per gram
    September 30 Rate Rs.4,955 per gram
    Highest Rate in September Rs.5,007 per gram on 23 September
    Lowest Rate in September Rs.4,923 per gram on 22 September
    Overall Performance Incline

    August 2022 Gold Rate in India

    Parameter Gold price (24 karat)
    August 1 Rate Rs.5,060 per gram
    August 31 Rate Rs.5,081 per gram
    Highest Rate in August Rs.5,133 per gram on 17 and 18 August
    Lowest Rate in August Rs.5,081 per gram on 22 August
    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.

    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

    • The cost of highest purity of gold in the Spot market topped by Rs.53,000

      The price of 10 grams of spot gold topped by Rs.53,000 due to the decreasing trend of the US dollar index, increasing crude oil prices, and a fall in the US Treasury yield. The Gold futures are trading at Rs.53,825 for 10 grams on Multi Commodity Exchange (MCX), which is 0.13% lower than previous rates.

      6 December 2022

    • Gold is sold at Rs.52,980 per ten grams

      On November 28, the price of ten grams of gold in India was Rs.52,980. Precious yellow gold costs Rs. 48,560 per ten grams in Kolkata and Mumbai. On the other side, the same item costs Rs. 49,260 in Chennai. In New Delhi, gold costs Rs. 48,710 for every ten grams.

      29 November 2022

    • Gold prices slashed today

      On 23 November, the price of gold dropped across Delhi, Kolkata, Chennai, and Mumbai. In Delhi, 10 gram of 22 karat gold has reduced by Rs.200 and is selling at Rs.48,500 whereas 24 karat gold fell by Rs.170 to trade at Rs.52,900. The price of the precious yellow metal is Rs.49,050 per 10 gram of 22 karat gold and Rs.53,560 per 10 gram of 24 karat gold in Chennai. In Kolkata and Mumbai, 22 karat gold is trading at Rs.48,500 per 10 gram while 10 gram of 24 karat gold costs Rs.52,920.

      24 November 2022

    • Gold rates on 18 November on 18 November 2022

      Gold rates jumped in Hyderabad, Visakhapatnam, Kerala, and Bengaluru on Friday. The precious yellow metal is priced at Rs.48,750 per 10 gram of 22 karat gold whereas 24 karat gold costs Rs.53,180 per 10 gram in Hyderabad, Bengaluru, and Kerala. In Visakhapatnam, you can purchase 22 karat gold for Rs.48,750 per 10 gram while 10 gram of 24 karat gold is sold at Rs.52,180.

      19 November 2022

    • Gold prices reached their highest level in approximately 3 months

      Gold futures on the MCX rose 0.5% to Rs.52,601 per 10 gram on Monday. Following three-month highs in international markets, gold prices fell marginally to $1,760 per ounce. Last week, the precious yellow metal hit its highest weekly increase since March 2021.

      16 November 2022

    • Gold prices recovered after one month

      Gold prices significantly recovered after falling to a one-month low on Thursday as a result of a trigger for profit-taking in the US dollar. The price of spot gold was $1,680 per ounce as of Friday, while the price of the MCX's gold futures contract for the month of December 2022 was Rs.50,880 per ten-gram levels. Gold prices have increased as the dollar index has decreased from roughly 113 levels to below the 111 level.

      09 November 2022

    • Gold Rates on 3 November 2022

      Prices for gold rose significantly on 3 November 2022 in Hyderabad, Bangalore, Kerala, and Visakhapatnam. The price of 10 grams of 22-carat gold in Bangalore is Rs.46,850 after a price increase of Rs. 300, while the price of 10 grams of 24-carat gold is Rs.51,110 after a price increase of Rs.330. Hyderabad's gold prices have increased by Rs.300 to Rs.46,850 per 10 grams of 22-carat gold and by Rs.310 to Rs.51,110 for 10 grams of 24-carat gold.

      04 November 2022

    • Gold rates witness an increase today

      Gold prices witnessed an increase across major cities like Bengaluru, Hyderabad, and Visakhapatnam. The price of 10 gram of 22 karat gold has gone up by Rs.150 while the price of 10 gram of 24 karat gold rose by Rs.170 in Bengaluru. In Delhi, Chennai, and Mumbai, the price of 10 gram of 22 and 24 karat gold have jumped by Rs.100 and Rs.120, respectively. The price of 10 gram of 22 karat gold stands at Rs.47,000 while 24 karat gold costs Rs.51,280 per 10 gram in Visakhapatnam.

      01 November 2022

    • Gold prices dropped today on 23 October

      Gold prices record a marginal dip in the domestic market. The spot gold and gold futures dropped by 0.8% and 0.4%, respectively. The price of 10 grams of 24-carat gold went down today across the country and stands at Rs.50,450 in Mumbai, Kolkata, and Hyderabad. In Chennai, Delhi, and Bangalore, the price of the same variety of gold is Rs.50,900, Rs.50,600, and Rs.50,500, respectively.

      24 October 2022

    • Price of 10 grams of 24-carat gold went up today on 17 October

      The price of 24-carat gold went up today on 17 October and stands at Rs.50,670 per 10 grams. In Kolkata and Mumbai, the cost of 22-carat of precious metal is Rs.46,450 for 10 grams. The price of yellow metal of the same variety is Rs.46,600 in Lucknow, Delhi, and Jaipur. In Chennai, 22-carat gold is selling at Rs.46,900 per 10 grams.

      18 October 2022

    • Gold rates dropped today on 11 October

      Gold rates went down to Rs.51,037 per 10 grams today, which is the biggest single-day fall in the price of gold in the last three months. The gold rates dropped by 1.7% on MCX, which is Rs.950 per 10 grams.

      12 October 2022

    • Gold Prices on 6 October 2022

      Prior to Dhanteras and Diwali, gold prices likewise adopted a joyful attitude. Over the previous few days, the price of the yellow metal has increased. Gold has increased in price once more today. On 6 September 2022, gold increased in price by Rs.506.

      7 October 2022

    • Gold prices stable on 29 September 2022

      Due to the ongoing festive season, gold prices remained stable in India on 29 September 2022. 24 carat gold prices are Rs.50,130 for 10 grams, while 22 carat gold prices are Rs.45,950 per 10 grams in the national capital. The price of the precious metal stood at Rs.45,800 per 10 gram of 22 karat gold in Mumbai, Kolkata, Hyderabad, and Kerala. In Chennai, 22 karat gold is priced at Rs.46,250 per 10 gram. The price of 10 gram of 22 karat gold is Rs.45,950 in Chandigarh, and Lucknow. In Bengaluru 22 karat gold is priced at Rs.45,860 per 10 gram.

      30 September 2022

    • Gold rates are steady on 26 September 2022

      The price of gold remains steady on 26 September 2022. In Hyderabad and Bengaluru, 10 gram of 22 karat gold costs Rs.46,000 while 10 gram of 24 karat gold is priced at Rs.50,200. Gold rates in Delhi are at Rs.46,150 per 10 gram of 22 karat gold and Rs.50,350 per 10 gram of 24 karat gold. In Kerala, Visakhapatnam, and Kolkata, 10 gram of 22 and 24 karat gold are priced at Rs.46,000 and Rs.50,200, respectively. In Chennai, the price of 22 karat gold is Rs.46,500 per 10 gram and 24 karat gold is trading at Rs.50,730 per 10 gram.

      27 September 2022

    • Gold rates rise in some of the major South Indian cities

      The price of 10 grams of 24-carat gold rose in Hyderabad, Bangalore, Kerala, and Visakhapatnam. The price of 24-carat gold in the above mentioned south Indian cities ended at Rs.50,130.

      22 September 2022

    • Gold rates dipped in some of the major South Indian cities

      The price of 10 grams of 22-carat and 24-carat gold went down in Hyderabad, Bangalore, Kerala, and Visakhapatnam. In Bangalore, the cost of 22-carat gold dipped by Rs.100 and stands at Rs.45,850. On the other hand, the price of 24-carat gold in the city is Rs.50,020, which went up by Rs.110. Hyderabad and Visakhapatnam recorded a drop in the prices of both variants of gold. The price of both variants of yellow metal in these cities stands at Rs.45,850 and Rs.50,020, respectively. In Kerala, 22-carat and 24-carat gold are selling at Rs.46,850 and Rs.50,020, respectively.

      21 September 2022

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

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.