Gold Rate in India Today

Updated on - 23 May 2022

  • Gold Price In Indian Cities

    City Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    ABOHAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ADILABAD ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    ADONI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    AGARTALA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    AGRA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    AHMEDABAD ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    AHMEDNAGAR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    AIZAWL ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    AJMER ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    AKOLA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    ALIGARH ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ALLAHABAD ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ALWAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    AMBALA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    AMBARNATH ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    AMBIKAPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    AMBUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    AMRAVATI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    AMRELI ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    AMRITSAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ANAND ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    ANANTAPUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    ASANSOL ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    AURANGABAD ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    AYODHYA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BADLAPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BAGALKOT ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BAHADURGARH ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BALANGIR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BALASORE ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BALLARI ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BALURGHAT ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BANGALORE ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BANKURA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BAREILLY ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BARIPADA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BARNALA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BARSHI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BATALA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BATHINDA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BEAWAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BEED ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BELGAUM ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BERHAMPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BETUL ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BHADRAK ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BHADRAVATHI ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BHAGALPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BHARATPUR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BHARUCH ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BHAVNAGAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BHILAI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BHILWARA ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BHIMAVARAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    BHIND ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BHIWADI ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BHIWANDI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BHIWANI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BHOPAL ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BHUBANESHWAR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BHUJ ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BHUSAWAL ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BIDAR ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BIJAPUR KARNATAKA ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    BIKANER ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    BILASPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    BOKARO ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    BUDAUN ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    BURHANPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    CHANDIGARH ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    CHANDRAPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    CHENNAI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    CHHATARPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    CHHINDWARA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    CHIKMAGALUR ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    CHILAKALURIPET ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    CHIRALA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    CHITRADURGA ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    CHITTOOR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    COIMBATORE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    COOCH BEHAR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    CUDDALORE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    CUTTACK ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    DAMAN ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    DARJEELING ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    DAVANGERE ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    DEESA ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    DEHRADUN ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    DEOGHAR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    DEWAS ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    DHAMTARI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    DHANBAD ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    DHARMAVARAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    DHULE ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    DIBRUGARH ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    DINDIGUL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    DINDORI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    DISPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    DURGAPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    ELURU ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    ERODE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    FARIDABAD ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    FARIDKOT ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    FARRUKHABAD ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    FIROZABAD ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    GADAG ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    GANDHIDHAM ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    GANDHINAGAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    GANGAVATHI ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    GANGTOK ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    GAYA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    GHAZIABAD ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    GIRIDIH ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    GODHRA ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    GONDIA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    GORAKHPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    GUDIVADA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    GUDIYATHAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    GULBARGA ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    GUNA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    GUNTAKAL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    GUNTUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    GURGAON ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    GUWAHATI ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    GWALIOR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    HALDWANI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    HANUMANGARH ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    HARIDWAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    HASSAN ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    HAZARIBAGH ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    HINDUPUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    HINGANGHAT ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    HISAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    HOSHIARPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    HOSPET ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    HOSUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    HOWRAH ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    HUBLI ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    HYDERABAD ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    ICHALKARANJI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    IMPHAL ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    INDORE ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    ITANAGAR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    ITARSI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    JABALPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    JAGDALPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    JAGTIAL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    JAIPUR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    JALANDHAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    JALGAON ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    JALNA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    JALPAIGURI ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    JAMMU ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    JAMNAGAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    JAMSHEDPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    JHANSI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    JIND ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    JODHPUR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    JORHAT ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    JUNAGADH ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    KADAPA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KADIRI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KAITHAL ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    KAKINADA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KALYAN ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    KANCHIPURAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KANNUR ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    KANPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    KAPURTHALA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    KARAIKUDI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KARIMNAGAR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KARNAL ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    KARUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KATNI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    KAVARATTI ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    KHAMMAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KHANDWA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    KHANNA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    KHARAGPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    KHARGONE ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    KOCHI ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    KOHIMA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    KOLAR ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    KOLHAPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    KOLKATA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    KOLLAM ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    KORBA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    KOTA ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    KOZHIKODE ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    KUMBAKONAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    KURNOOL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    LATUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    LUCKNOW ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    LUDHIANA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MACHILIPATNAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    MADANAPALLE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    MADURAI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    MAHABUBNAGAR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    MALAPPURAM ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    MALDA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    MALEGAON ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    MALERKOTLA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MANDSAUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    MANDYA ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    MANGALAGIRI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    MANGALORE ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    MATHURA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MEERUT ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MEHSANA ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    MIRYALAGUDA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    MIRZAPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MOGA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MOHALI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MORADABAD ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MORBI ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    MORENA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    MUKTSAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MUMBAI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    MURSHIDABAD ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    MUZAFFARNAGAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    MUZAFFARPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    MYSORE ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    NADIAD ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    NAGAPATTINAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NAGERCOIL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NAGPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    NALGONDA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NANDED ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    NANDURBAR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    NANDYAL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NARASARAOPETA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NASIK ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    NAVSARI ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    NEEMUCH ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    NELLORE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NEW DELHI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    NEYVELI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NIZAMABAD ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    NOIDA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ONGOLE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    OSMANABAD ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    PALANPUR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    PALWAL ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PANAJI ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    PANCHKULA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PANIPAT ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PANVEL ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    PARBHANI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    PATAN ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    PATHANKOT ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PATIALA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PATNA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    PHAGWARA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PIMPRI CHINCHWAD ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    POLLACHI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    PONDICHERRY ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    PORBANDAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    PORT BLAIR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    PRODDATUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    PUDUKKOTTAI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    PUNDRI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    PUNE ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    PURI ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    PURULIA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    RAICHUR ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    RAIGANJ ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    RAIGARH ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    RAIPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    RAJAHMUNDRY ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    RAJAPALAYAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    RAJKOT ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    RAJNANDGAON ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    RAMAGUNDAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    RAMANATHAPURAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    RAMPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    RANCHI ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    RATLAM ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    RATNAGIRI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    REWA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    REWARI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ROHTAK ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    ROURKELA ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    SAGAR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SAHARANPUR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    SALEM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    SAMBALPUR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    SANGLI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SATARA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SATNA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SEONI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SHILLONG ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    SHIMLA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    SHIMOGA ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    SIDDIPET ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    SIKAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    SILCHAR ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    SILIGURI ₹ 4,860 ₹ 38,880 ₹ 5,103 ₹ 40,824
    SINGRAULI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SIRSA ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    SIVAKASI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    SOLAPUR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    SONIPAT ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    SRI GANGANAGAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    SRIKAKULAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    SRINAGAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    SURAT ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    SURENDRANAGAR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    SURYAPET ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TADEPALLIGUDEM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TADIPATRI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TENALI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    THANE ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    THANJAVUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    THENI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    THIRUVANANTHAPURAM ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    THOOTHUKUDI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    THRISSUR ₹ 4,695 ₹ 37,560 ₹ 4,930 ₹ 39,440
    TIRUCHIRAPALLI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TIRUNELVELI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TIRUPATI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TIRUPPUR ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    TIRUVANNAMALAI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    UDAIPUR ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    UDGIR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    UDUPI ₹ 4,830 ₹ 38,640 ₹ 5,072 ₹ 40,576
    UJJAIN ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    ULHASNAGAR ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    VADODARA ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    VALSAD ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    VANIYAMBADI ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    VAPI ₹ 4,809 ₹ 38,472 ₹ 5,049 ₹ 40,392
    VARANASI ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    VASAI ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    VELLORE ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    VIDISHA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    VIJAYAWADA ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    VISAKHAPATNAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    VIZIANAGARAM ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    WARANGAL ₹ 4,817 ₹ 38,536 ₹ 5,058 ₹ 40,464
    WARDHA ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    YAMUNAGAR ₹ 4,824 ₹ 38,592 ₹ 5,065 ₹ 40,520
    YAVATMAL ₹ 4,793 ₹ 38,344 ₹ 5,033 ₹ 40,264
    Gold Price in Popular Cities in India Price per 10 grams (22 karat/carat)
    Gold Price in Delhi Rs.47,000
    Gold Price in Mumbai Rs.47,000
    Gold Price in Chennai Rs.48,100
    Gold Price in Hyderabad Rs.47,000
    Gold Price in Bangalore Rs.48,550
    Gold Price in Kolkata Rs.47,000
    Gold Price in Pune Rs.47,100
    Gold Price in Coimbatore Rs.48,100
    Gold Price in Ahmedabad Rs.47,060
    Gold Price in Chandigarh Rs.47,150
    Gold Price in Vijayawada Rs.47,000
    Gold Price in Kochi Rs.31,610
    Gold Price in Lucknow Rs.47,150

    *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 Gold Rate in India

    India is the largest consumer of gold in the world, accounting for almost a quarter of the world’s total consumption. It has, since long, maintained this position and, unlike countries like China, India uses gold primarily in the form of jewelry and investments. 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 gold rates prevailing in the economy at that time.

    Even the global view of gold is that of a safe haven where you can invest even when investments in the economy of a country are not a good idea.

    Gold Rate Today in India change on a daily basis, with a number of factors impacting their price in a particular place on a given day. Demand and supply, global market conditions and currency fluctuations are some of the most critical factors which go into determining the rate of gold in a country, with prices changing every day.

    Check - Gold Rate Trends

    Historical Gold Price in India

    Months Lowest Price 24 Karat Gold – ₹ Per 10 Grams Highest Price 24 Karat Gold – ₹ Per 10 Grams
    April 2022 47,800 52,140
    March 2022 50,950 54,330
    February 2022 48,980 51,550
    January 2022 48,390 49,860
    December 2021 49,650 48,340
    November 2021 50,070 48,760
    October 2021 47,240 48,970
    September 2021 46,870 48,390
    August 2021 47,190 51,430
    July 2021 47,920 51,710
    June 2021 47,710 52,650
    May 2021 47,000 51,000
    April 2021 40,420 50,860
    March 2021 45,390 49,310
    February 2021 49,270 52,320
    January 2021 49,580 54,710

    May 2022 Gold Rate in India

    Parameters Gold price (24 karat)
    May 1 Rate Rs.5,217 per gram
    May 15 Rate Rs.4,992 per gram
    Highest Rate in May Rs.5,217 per gram on 1 May
    Lowest Rate in May Rs.4,992 per gram on 14 and 15 May
    Overall Performance Decline

    April 2022 Gold Rate in India

    Parameters Gold price (24 karat)
    April 1 Rate Rs.5,186 per gram
    April 30 Rate Rs.5,217 per gram
    Highest Rate in April Rs.5,370 per gram on 18th and 19th April
    Lowest Rate in April Rs.5,154 per gram on 4, 5, and 6 April
    Overall Performance Incline

    Trend of Gold Rate in India for March 2022 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    March 1 Rate Rs.5,081 per gram
    March 31 Rate Rs.5,139 per gram
    Highest Rate in March Rs.5,459 per gram on 9 March
    Lowest Rate in March Rs.5,081 per gram on 1 March
    Overall Performance Incline

    Trend of Gold Rate in India for February 2022 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    February 1 Rate Rs.4,881 per gram
    February 28 Rate Rs.5,112 per gram
    Highest Rate in February Rs.5,149 per gram on 24 February
    Lowest Rate in February Rs.4,881 per gram on 1st and 2nd February
    Overall Performance Incline

    Trend of Gold Rate in India for January 2022 (rates per gram of 24 karat gold)

    Parameters Gold price (24 karat)
    January 1 Rate Rs.4,939 per gram
    January 31 Rate Rs.4,881 per gram
    Highest Rate in January Rs.4,986 per gram on 26 January
    Lowest Rate in January Rs.4,839 per gram on 10 January
    Overall Performance Decline

    Determination of Hallmarked Gold Rates

    The prices of normal gold and hallmarked gold are the same. The main difference between hallmarked gold and normal gold is purity. Purity is ensured via hallmarking. Gold prices in India are determined by several factors such as investment behaviour, demand, and supply.

    Arrival of Gold Price in India

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

    • Interest Rates: Interest rates play a huge role in determining the interest rates in India. In case the United States of America (USA) increases the interest rates, gold prices fall in India.
    • Global Demand: Demand for the yellow metal in the international markets affects gold rates in India. In case the demand for gold is high, the prices will increase. On the other hand, if demand is low, gold prices will fall.
    • Global Factors: Several factors such as the value of the dollar, growth in the economy, and volatile policies determine gold prices in India.
    • Currency: If the value of the rupee when compared to the dollar falls, gold rates in India will increase.

    Gold Import and Determination of 22-Carat Gold Rate

    Most of India’s gold requirements are imported by several private companies, private sector banks, and banks that are owned by the government. Some of the gold importers in India are given below:

    • Minerals and Metal Trading Corporation of India.
    • Yes Bank
    • Punjab National Bank
    • Bank of India
    • Union Bank of India
    • Bank of Baroda
    • State Bank of India

    Live 22-carat gold rates in India are determined by the bullion association.

    Sovereign Gold Bond Scheme

    You can purchase Sovereign Gold Bonds from a commercial bank that has been listed in India to avoid theft, fraud, etc. An interest rate of up to 2.75% is provided in case you purchase a bond. The price for the Sovereign Gold Bond will be determined by the Reserve Bank of India.

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

    Storing Gold in India

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

    Gold Import in India

    In case you are coming to India from abroad, a certain amount of gold can be brought back. Female passengers can bring back gold worth Rs.1 lakh, while male passengers can bring back gold worth Rs.50,000. 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.

    Read More - Gold Imports in India Affect Gold Rates

    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.

    Gold Production

    China produces the most amount of gold in the world. Depending on the production of the yellow metal, daily prices will fluctuate. In fall in production will see the prices of gold decrease in India.

    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. In case gold coins are purchased by using a credit card, tax is applicable. Gold coins can be purchased from jewellery shops as well.

    Factors Affecting Gold Price in India

    Trading in gold is a preferred investment mode of investors who are financially savvy and have the required risk-appetite for this kind of market. It requires prudent monitoring of investments as gold prices are subject to change for many reasons. Maintaining or closing a position in this market depends on how well an investor can track, analyze and synthesize pricing information.

    Some of the key factors that affect gold prices are outlined below:

    1. Import costs: Since demand is primarily met through gold imports, import costs affect gold rate in India. Higher the costs, 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 when the US dollar strengthens, gold prices in India fall. This is because central banks which maintain US dollar reserves tend to hedge against risks of a devaluing dollar by investing in gold. This pushes prices up. Also, 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 times of economic instability as gold is considered safer asset that others and people tend to move their money out of riskier assets into gold. Other assets bear the risk of being significantly devalued whereas gold which is has 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 in Europe hold huge gold reserves. When these banks or other financial organizations buy more gold, prices move upward.

      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.

    8. Production costs: Mining companies increase prices at times on account of production costs. This is reflected in the price of gold imported in India.
    9. Supply: Domestic production and supply is limited in India. Supply constraints can push prices upwards. Similarly, lower supplies of gold globally can make the metal dearer in India.

    Gold Rate is Different in Different Cities in India?

    Gold rates vary across different cities in India. 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 larger quantums of transactions.
    3. Carriage: Indian imports a bulk of its gold requirements by sea. Gold prices at 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 their own local gold associations which have a say in setting the prices. This will also account for differences in gold prices between cities.

    Gold measurements

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

    Karat is used to represent 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 a fineness of 750).

    What is the Difference Between Carat and Karat?

    Carat- It is a unit of weight used to measure precious gems such as diamonds as well as pearls. 200 milligrams or 0.2 grams make a metric carat. Carats are abbreviated to ct. Carats are often mistaken to denote size.

    Karat- It 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 2 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 being a very malleable metal is too soft to attain form on its own. It is usually alloyed with another metal, mostly copper, in order to attain form. The purity of the gold is then represented in karats as the parts of 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 2 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.

    Demand for Gold in India

    India’s primary demand for gold is for use as jewelry. Investments are the next greatest demand driver. Unlike China, the next highest consumer of gold in the world, whose primary demand for gold is for industrial purposes, India’s industrial usage of gold is minimal.

    Domestic production of gold in India is limited and, given its strong demand, India relies heavily on gold imports every year. Currently, the Kolar mines in Karnataka are the only operational mines in India, grossly unable to meet domestic demand.

    Gold imports in India constitute the next largest chunk of total imports after crude oil. Of late, the government has increased its focus on curbing the negative impact of heavy gold imports viz. a widening trade deficit and rupee devaluation.

    Why is Gold Considered so Valuable?

    Gold is considered valuable for many reasons, mainly

    1. Value: Although gold prices fluctuate in the near to medium term, its value tends to rise in the long-term. For this reason, people invest and hold on to gold for a long period of time. Gold tends to not be affected by geopolitical or economic turmoil. It is valuable during emergencies providing liquidity as it is easily traded. It is a hedge against inflation as well and acts as a great value addition to an investor’s portfolio.
    2. Industrial uses: Gold is used in certain manufacturing processes. Although not comparable to retail consumption, many countries use gold for production purposes.
    3. Versatile metal:Gold is available in many useful forms making it a versatile investment. It is popularly used as jewellery and other gift items and held in the form of coins, bars or bullion. It is also available in edible form or woven into fabrics. Besides all this, paperless gold instruments are now being used to represent physical gold.
    4. Gold reserves:Gold is maintained as reserves to back paper currencies by many countries. These paper currencies attain their values based on the value of the gold reserves that back them.
    5. Limited supply: The amount of gold that can be mined and produced in the world is limited. Due to this, gold attains more value as an irreplaceable asset.
    6. Tradition: Gold has traditionally been used for financial transactions. This has passed down through the ages and prevails even today.

    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

    Indians primarily invest in gold as a means to counter inflation. While the price of gold may fluctuate over time, the value of this metal remains relatively stable, especially in the long-run. Returns on gold are generally higher in the long-run as compared to other asset classes. Real estate and equity markets have proven to be the exceptions but for most Indian investors, gold still forms a huge part of their investment portfolios.

    Traditionally, investment in gold has been in the form of jewelry gold bars or gold coins. As financial markets developed over the years, new investment avenues have opened up. Gold is now increasingly being invested in through Gold ETFs (Exchange Traded Funds) or through mutual funds which invest in gold or through stocks of companies that are in the business of gold/gold-related activities. Gold is also traded as a commodity on commodity exchanges.

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

    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 gold in 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 great 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 a number of 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 jewellers 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

    Why gold price is increasing in India?

    Gold rates in the country change on a regular basis, with a number of factors impacting rates. A close look at recent trends could highlight the reason for such changes. Some of the most common factors impacting gold rates in India are mentioned below.

    • Demand and supply – Gold rates increase when the demand exceeds supply. Gold, being a natural resource is available in limited quantities, and each time the supply reduces there is a spurt in gold rates.

    • International relations – International trends have a deep impact on gold rates in India, primarily due to the fact that India depends on imports to meet local demand. Any changes in international relations could translate into a change in local gold rates.

    • US dollar – The US dollar plays a key role in determining international gold rates. A strong dollar results in poor gold performance and vice versa, resulting in costlier gold each time the dollar underperforms.

    • Market conditions – Gold is inversely proportional to market performance, with prices going up each time there is pressure on markets.

    • Government taxes and duties – The government imposes taxes and duties on a number of commodities, including gold. Any increase in these taxes automatically pushes gold rates, pinching the pocket of buyers.

    There has been a recent increase in gold rates due to improved performance on the international front. The US Federal Policy rate change had a huge impact on prices, helping them pick up after a poor performance last year. One could see a further hike in rates in the coming weeks, as the US Central Bank is set to change its rates, which are likely to have a direct impact on gold.

    What are the different purity levels in gold?

    Gold is often purchased by weight and purity, with the purity measured in a unit called Karat. Gold is available in different purities, with the popular ones being 24 karat, 22 karat and 18 karat. While 24 karat gold is used extensively as an investment, 22 and 18 karat gold can be used to make jewellery and ornaments.

    22 karat gold is a mixture of gold and alloys, in the ratio 11:1. This essentially means that 1 gram of 22 karat gold has around 91.5% pure gold, with other metals making up the remaining portion. These impurities are added to pure gold to make it more malleable and ductile, thereby making it perfect for jewellery.

    Similarly, 18 karat gold is a mixture of gold and metals in the ratio 3:1, i.e. 75% pure gold and 25% metals. This is typically cheaper than 22 and 24 karat gold on account of impurities. 18 karat gold typically has a dull colour, making it easily recognisable.

    Other gold options include 14 karat gold (which has 58% gold), 10 karat gold (with 42% gold) and 6 karat gold (with 25% gold).

    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.

    Factors Physical Gold Gold ETFs Sovereign Gold Bonds
    Liquidity Offers high liquidatable. It can be invested or exited any time an individual wants to. ETFs also offers highly liquidity option. It can be traded on the stock exchange and can be liquidated during a trading session. However, the cost of selling is quite low compared to physical gold. Can be bought from local banks and trade exchanges. Again, the cost of buying and selling is quite low compared to physical gold.
    Safety Is highly susceptible to thefts and burglary. Very safe as it is stored in a dematerialised form in a DEMAT account. Again, SGBs are kept in a DEMAT account and offers optimum safety.
    Loan facility Easily available. Loans can be availed against gold ETFs. Not available
    Investment flexibility Can be invested in a short time frame. Can be bought in shorter quantities and requires less maintenance. Can be bought in shorter quantities and requires less maintenance.
    Tax Liability All three avenues are taxed in a similar manner. To start off, any investment that is kept for more than three years is considered a long term holding and is eligible for Long Term Capital Gains (LTCG) tax, which currently remains at 20% after indexation. If they are held for less than 3 years, they are considered a short term holding and is taxed based on the individual’s tax slab Note that, Sovereign Gold Bonds offers one advantage on the tax front, wherein the gains are tax exempt if the investment is redeemed after the maturity period.

    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, with the result that gold is 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 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.

    Read More about - GST on Gold

    Income Tax on Gold

    Any profit made from the sale of gold attracts income tax and both individuals as well as industry/jewellers are required to pay income tax in such a case.

    The profit derived from the sale of gold falls under ‘Capital Gains Tax’ and details of tax liabilities and possible exemptions are mentioned below:

    • Gold or gold jewellery bought and sold within a period of 3 years (36 months) is considered a short-term capital asset and would be taxed at the applicable rate (this is subject to change as announced by the government).
    • Gold or gold jewellery bought and sold after a period of 3 years (36 months) is considered a long-term capital asset. Whether the gold was bought or given as a gift or received in the form of an inheritance, it would come under the long-term capital asset category. The taxes and other surcharges would be calculated accordingly.
    • Gold received as a gift is exempt from tax if the value of the gold is less than Rs.50,000.

    In the event of gold being sold and no profit being made from the sale, there is no tax since it is considered a ‘capital loss’ and can be listed at the time of filing income tax returns.

    FAQs on Gold Rate in India

    1. 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 impurity. It is mainly used for gold coins, bars, 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 stronger allowing it to be used for making jewellery.

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

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

    3. 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 of 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 leads to the fluctuating rates across the country during the same period.

    4. Is 22K gold Same as 916?

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

    5. 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, and so on. However, 24 karat gold, being brittle, is not a very good option for making jewellery. 22 karat is a preferable option for making gold jewellery as the mixture of alloys in it makes the metal stronger and a better choice.

    6. Will the gold price keep changing in India?

      Yes, the gold price in India will keep changing. The gold prices change on the basis of the fluctuations in the market, government tariffs and duties, etc.

    7. 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.

    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 jewellery (22KT or 18KT) and also the type of metal that is used to mix with the gold.

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

      Gold is imported into India by 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 easily anytime and also anywhere and can be used as collateral for your online loans.

    11. Is digital gold taxable?

      Yes, digital gold 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 a safer to store gold as compared to physical gold.

    News on India Gold Rate

    • Gold price falls below Rs.50,000

      Gold prices were trading lower in India on Wednesday. On Multi Commodity Exchange (MCX), gold June futures were down Rs.279 to Rs.49,894 per ten grams. The rupee has been strengthening on the MCX after hitting a new all-time low yesterday, pushing prices below 50000.

      19 May 2022

    • Gold prices drop by Rs.1,000 per kg

      On Thursday, the price of gold dropped by Rs.1,000 per kg for 22 karat and 24 karat gold. The rates for 22 karat and 24 karat gold are Rs.46,740 per 10 gram and Rs.50,990 per 10 gram, respectively. Gold is priced at Rs.46,740 per 10 gram in Delhi. In Chennai, 10 gram of 22 karat gold and 24 karat gold are priced at Rs.47,860 and Rs.52,210, respectively.

      In Mumbai, 22 karat gold costs Rs.46,740 per 10 gram and 24 karat gold are priced at Rs.50,990 per 10 gram. The prices of 22 karat gold and 24 karat gold are Rs.46,790 per 10 gram and Rs.51,070 per 10 gram, respectively.

      13 May 2022

    • Gold futures prices fall to Rs.50,421 per 10 grams on 11 May 2022

      Gold futures prices on the Multi-Commodity Exchange (MCX) fell by 0.3% on 11 May and were trading at Rs.50,421 for 10 grams. Gold prices have fallen since touching Rs.56,000 per 10 grams in early March. On 11 May 2022, gold rates fell to a near three-month low. In the global markets, spot gold prices fell by 0.3% and were trading at $1,832.06 for an ounce.

      11 May 2022

    • Gold prices trade flat on Tuesday

      On Tuesday, gold prices were up Rs.59 and traded at Rs.51,018 for every 10 grams on Multi Commodity Exchange. Spot gold prices were up by 0.2% while U.S. gold futures were down by 0.3% and trading at $1,856.75 an ounce.

      11 May 2022

    • 24 karat gold rates increase by Rs.386 per 10 gram

      According to Sindh Sarafa Jewellers Association, the price of 10 gram of 24 karat gold jumped by Rs.386 and was sold for Rs.113,855 which was previously Rs.113,469. Similarly, the rates for 22 karat gold increased from Rs.104,013 to Rs.104,367. In the international markets, the gold price also went up to $1,884 against $1,882.

      9 May 2022

    • Gold prices have decreased in India

      In India, 10 gram of 24 karat gold costs Rs.51,060 while 22 karat gold is priced at Rs.46,770 per 10 gram. The price of the precious metal has decreased in the past 24 hours. The gold rates in Chennai are Rs.48,290 per 10 gram of 22 karat gold and Rs.52,680 per 10 gram of 24 karat gold.

      In Delhi, the price of 10 gram of 22 karat and 24 karat gold are Rs.47,000 and Rs.51,280, respectively. In Mumbai, 22 karat gold is priced at Rs.47,000 per 10 gram and 24 karat gold is priced at Rs.51,280 per 10 gram.

      5 May 2022

    • Gold rate in India decreased on Akshay Tritiya

      Gold price in India for 24 karat gold (ten grams) costs Rs.51,340 on 3 May 2022, whereas, 22 karat gold (ten grams) is Rs.47,020. The price of gold for 22 karats and 24 karats per ten grams has decreased by 720 in the last 24 hours. The prices of 22 karat gold (ten grams) and 24 karat gold (ten grams) are Rs.47,680 and Rs.52,060, respectively.

      4 May 2022

    • Gold prices fell at the end of April

      Gold prices had been fluctuating throughout the month of April, given the geopolitical tension. However, the month ended with declined prices.

      2 May 2022

    • Gold price slips Rs.125 per ten grams

      Gold price is key spot markets of the country lower on 27 April 2022. The opening price of 999 purity gold was Rs.51,868 per 10 grams which was down by Rs.125 from the closing price of Tuesday of Rs.51,993. On the Multi Commodity Exchange of India (MCX), the golf contract for June delivery was trading at Rs.212.

      28 April 2022

    • Gold futures slip by Rs.197 on Tuesday

      The gold futures edged lower by Rs.197 and was trading at Rs.52,064 for every 10 grams. Silver futures were also down by Rs.829 and were trading at Rs.65,717 per kg. U.S. gold futures were down 0.2% at $1,930.10 and spot gold was down 0.1% at $1,928.08 per ounce. As Ukraine-Russian tensions supported safe-haven demand, the gold prices slipped in the country. However, the cost of yellow metal may remain volatile as the market players react to Ukraine-Russia developments.

      26 April 2022

    • Gold price reduces by Rs.46

      The price of gold declined by Rs.46, reaching Rs.52,357 per 10 grams in Delhi on Thursday. In the previous closing, the gold had finished at Rs.52,403. In the global market, gold was trading power at USD 1,949 per ounce.

      22 April 2022

    • Gold prices fall below Rs.52,500 for 10 grams on 20 April 2022

      On 20 April 2022, gold rates fell sharply in India. A strong US dollar ensured that the demand for the yellow metal fell. Gold futures prices on the Multi Commodity Exchange (MCX) dropped by Rs.256 or 0.56% and were trading at Rs.52,453 for 10 grams. Gold prices in the spot market were trading at Rs.53,499 for 10 grams.

      21 April 2022

    • Gold prices drop by Rs.100 for 22 karat and 24 karat Gold

      In India, the gold prices have increased by Rs.100 for both 22 karat and 24 karat gold. On 20 April, 10 gram of 22 karat gold costs Rs.49,000 while 24 karat gold is priced at Rs.53,500 per gram. In Chennai, 24 karat gold is priced at Rs.55,010 per 10 gram and 22 karat gold costs Rs.50,425 per gram.

      Gold rates of 22 karat and 24 karat gold are Rs.49,850 per 10 gram and Rs.54,380 per 10 gram, respectively in New Delhi. In Mumbai, 10 gram of 22 karat and 24 karat gold are priced at Rs.49,850 and Rs.54,380, respectively.

      20 April 2022

    • Gold Prices on 18 April 2022 Highest in a Month

      Gold prices rose in Indian markets on Wednesday, 18 April 2022 despite firm global rates. Gold futures on the MCX climbed 0.65% to 53,332 per 10 gram.

      19 April 2022

    • Gold prices are bullish today in Indian markets

      Gold rates in Indian markets are bullish today. Investors are most likely to invest in gold Exchange Traded Funds (ETFs) to gain higher profits in a long term. Currently, SBI gold ETF is priced at Rs.46.81 per unit, whereas Axis gold ETF is priced at Rs.46.10 per unit. On 14 April, ten grams of 22 karat gold costs Rs.49,550 and 24 karat gold rates are quoted at Rs.54,060 per ten grams. Gold prices have increased by Rs.200 today.

      15 April 2022

    • Gold rates trade flat on 13 April 2022

      Following the trend in the global markets, gold prices traded flat in India on 13 April 2022. Gold futures prices for June on the Multi Commodity Exchange (MCX) were down by Rs.18 and traded at Rs.52,860 for 10 grams. In the last session, gold rates closed at Rs.52,878 for 10 grams. Spot gold prices in the international markets saw little change and were at $1,964.70 for an ounce.

      14 April 2022

    • Gold prices in India were trading weak

      In India, gold prices were trading weak on the back of global cues. Gold futures were trading at Rs.52,050 per 10 gram on the Multi Commodity Exchange.

      12 April 2022

    • Gold Prices Rise Ahead of Wedding Season

      On Friday, 8 April 2022 gold prices on the multi commodities exchange (MCX) ended Rs.202/10 gm higher at 52,099 levels, just ahead of the wedding season in India. The spot gold price concluded the day 0.77% higher at $1945 per ounce. With this high increase in the final trading session of the week, the MCX gold rate rose by roughly 0.90% for the week.

      11 April 2022

    • Gold prices across major Indian metro cities on 9 April 2022

      Gold prices on 9 April 2022 saw minor fluctuations across the major metro cities of Delhi, Mumbai, Kolkata, and Chennai. The price of 10 grams of 22 carat gold in Delhi was Rs.48,250 while the price of 24-carat gold of 10 grams settled at Rs.52,630. In Mumbai, the price of 22 carat gold for 10 grams was Rs.48,250 while for 24 karat gold it was Rs.52,630 for 10 grams. In Kolkata, the price of 24 carat gold was Rs.52,630 for 10 grams while for 22 carat gold it was Rs.48,250 for 10 grams. In Chennai, the price of 24 carat gold for 10 grams settled at Rs.53,530 while 22-carat gold was priced at Rs.48,250 for 10 grams. In Bhubaneshwar, the price of 24 carat gold was Rs.52,630 for 10 grams while for 22 carat gold it was Rs.48,250 for 10 grams.

      11 April 2022

    • Gold rates dip in India on 7 April 2022

      The gold futures prices on the Multi Commodity Exchange (MCX) dipped by Rs.21 and were trading at Rs.51,574 for 10 grams. In the global markets as well, the gold rates dipped on 7 April 2022. Gold prices were down by 0.2% and were trading at $1,922.08 for an ounce.

      8 April 2022

    • Price of Gold rises; silver drops

      The price of 10 grams of 24-carat of gold grew by Rs.10 and traded at Rs.52,480, while the cost of 1 kg of silver dropped to be sold at Rs.71,500. This value is recorded for Friday 2 April 2022.

      4 April 2022

    • Gold price slips today

      The price of gold remained steady today on 4 April 2022 as the 10 grams of 24-carat gold were being sold at Rs.52,460 in cities like Bangalore, Hyderabad, and Bhubaneswar. However, the price of 10 grams of 24-carat gold was marginally low in cities like Jaipur, and Lucknow at Rs.52,450. The price of same amount of gild in Ahmedabad was Rs.52,350, while in Nagpur it was Rs.52,400. The price of 10 grams of 24-carat gold in Madurai and Coimbatore retailed at Rs.52,630. The price of gold in India differ from state to state and city to city due to excise duty, different taxes levied by the respective state governments, and other duties.

      4 April 2022

    • Gold rates dip in India on 1 April 2022

      The gold futures prices on the Multi Commodity Exchange (MCX) dipped by 0.3% and were trading at Rs.51,619 for 10 grams. In the global markets as well, the gold rates dipped on 1 April 2022. Gold prices were down by 0.3% and were trading at $1,926.46 for an ounce. The spot silver was down by 0.7% and was trading at $24.67 per ounce.

      1 April 2022

    • Gold price increases after falling to lowest in a month

      Gold prices edged higher in the domestic markets after falling in the previous session. Gold futures were 0.25% higher at Rs.50,947 per ten gram on Multi Commodity Exchange (MCX).

      31 March 2022

    • Gold prices for 24 karats and 22 karat gold increased on 28 March

      In India, gold rates for 22 karat gold, and 24 karat gold are Rs.48,200 and Rs.52,590 (per ten grams), respectively. The gold price has increased by Rs.70 for ten grams for 22 karat and 24 karat on 28 March. There were minor fluctuations in the gold prices in various metro cities of India.

      In Chennai, ten grams of 22 karat gold costs Rs.49,335, while ten grams of 24 karat gold is Rs.53,820. The gold rate in Delhi for 22 karat gold per ten grams is Rs.48,200, and 24 karats gold for ten grams is charged at Rs.52,590. The price of gold for 22 karats (ten grams) is Rs.48,200, while 24 karat (ten grams) is Rs.52,590.

      29 March 2022

    • Gold prices steady in India on 24 March 2022

      Due to the rising tensions between Russia and Ukraine, the prices of gold were steady in India 24 March 2022. Geopolitical pressures have ensured that the prices of oil and gold have been affected. Globally, the price of spot gold was steady and trading at $1,944.40.

      28 March 2022

    • Gold futures dip by 0.33% on Monday at MCX

      On the Multi Commodity Exchange (MCX), gold futures edged lower by 0.33% and was trading at Rs.51,475 for every 10 grams. Globally, the price of spot gold fell by 0.7% and was trading at $1,929.30

      As Ukraine-Russian tensions supported safe-haven demand, gold price in the country was majorly steady on Monday. However, the cost of yellow metal may remain volatile as the market players react to Ukraine-Russia developments.

      21 March 2022

    • Gold Price on 16 March 2022

      On Wednesday, 16 March 2022 gold prices were in negative territory, owing to sluggish global trends. Gold April futures were trading at Rs.51,381 per 10 gram on the Multi Commodity Exchange, down Rs.183 or 0.35% from their previous close of Rs.51,564.

      17 March 2022

    • Gold rates fall by Rs.3,500 per 10 grams in five days

      In India, the gold and silver prices declined as the precious metals plummeted more than 0.5% each in the futures market. Gold futures fell by 0.6% to Rs.51,999 per 10 gram and silver dropped by 0.55% to Rs.68,470 per kg. After reaching a high of $2,070.44 per ounce last week, spot gold fell 0.4% to $1,943.09 per ounce. Spot silver fell 0.4% to $24.92 per ounce.

      16 March 2022

    • Import of gold jump to $45 billion between April and February of this financial year

      Import of India’s gold jumped by 73% to $45.1 billion between April and February of this financial year. The main reason for the increase has been a high demand. When compared to the same time last year, imports were at $26.11 billion. After China, India is the second biggest gold consumer in the world.

      15 March 2022

    • Gold rates further declines to Rs.2,500 in just two days

      Gold prices dipped in Indian markets today Following a selloff in the previous session. Gold futures declined 0.35% to Rs.52,570 per 10 gram on the Multi Commodity Exchange (MCX). Gold had fallen to Rs.1,500 per 10 gram in the previous session.

      14 March 2022

    • Gold price in spot market is Rs.2,000 away

      In early morning dealings in the commodities futures market today, gold price rose to a 19-month high and regained Rs.54,000 levels. The gold rate on the Multi Commodity Exchange (MCX), reached an intraday high of Rs.54,190 per 10 gm today, barely Rs.2,000 behind its all-time high of Rs.56,191 set in August 2020.

      9 March 2022

    • Gold price surge by Rs.912 on Tuesday

      The price of gold in India recorded an increase of Rs.912 on the Multi Commodity Exchange (MCX) on Tuesday. The increase in the rates saw 10 grams of the yellow metal cost Rs.53,471 in the country. The spot gold price was up by 1.5 percent and cost $1998.37 an ounce. The gold futures in the US increased by 1.7% to $2000.20. The market experts believe that the sharp rise in gold prices is due to escalating tension in the Ukraine-Russia crisis.

      8 March 2022

    • Gold prices across major Indian metro cities on 7 March 2022

      Gold prices on 7 March 2022 saw a rise across the major metro cities of Delhi, Mumbai, Kolkata, and Chennai. The price of 10 grams of 22 carat gold in Delhi was Rs.47,400 while the price of 24-carat gold of 10 grams settled at Rs.50,040. In Mumbai, the price of 22 carat gold for 10 grams was Rs.47,700 while for 24 karat gold it was Rs.52,040 for 10 grams. In Kolkata, the price of 24 carat gold was Rs.52,040 for 10 grams while for 22 carat gold it was Rs.47,700 for 10 grams. In Chennai, the price of 24 carat gold for 10 grams settled at Rs.53,400 while 22-carat gold was priced at Rs.48,950 for 10 grams. In Bhubaneshwar, the price of 24 carat gold was Rs.52,040 for 10 grams while for 22 carat gold it was Rs.47,700 for 10 grams.

      7 March 2022

    • Gold prices were steady on 4 March

      On Friday, gold and silver prices remained unchanged, owing to weak global signals. Gold futures were trading upwards by 1.2% on the Multi Commodity Exchange at Rs.51,925 per ten grams. In the spot market, gold prices were steady at $1,926.10 per ounce.

      4 March 2022

    • Gold prices were trading flat on 2 March

      On Wednesday, gold prices remained unchanged, owing to weak global signals. Gold April futures were trading with a bullish trend on the Multi Commodity Exchange at Rs.51,889 per ten grams, up from the previous close of Rs.51,816. Early Asian trading witnessed yellow metal prices fall as the dollar rose, outweighing safe-haven demand spurred by the escalating Russia-Ukraine crisis.

      3 March 2022

    • Gold prices in India surge by Rs.6,600 per kg on 1 March 2022

      Due to the rising tensions between Russia and Ukraine, the prices of gold in India jumped by Rs.6,600 for a kg on 1 March 2022. Geopolitical pressures have ensured that the prices of oil and gold have been affected. According to reports, gold prices in India were trading at Rs.51,280 per kg on 1 March 2022.

      2 March 2022

    • Gold rates jump in India on 28 February 2022

      Due to the recent developments in the crisis between Russia and Ukraine, gold prices in India surged on 28 February 2022. Gold futures prices on the Multi Commodity Exchange (MCX) jumped by 1.5% and were trading at Rs.50,990 for 10 grams. Gold rates in the global markets jumped as well on 28 February. Gold prices surged by 1% and were trading at $1,909.89 for an ounce.

      28 February 2022

    • Gold rates increase by Rs.2250

      On Friday, the prices for gold increased by Rs.2250 to Rs.52,630 per 10, while silver prices increased by 5%. The market experts believe that the sharp rise in gold prices is due to escalating tension in the Ukraine-Russia crisis. The spot gold price has crossed the $1935 mark and may go to $1950.

      25 February 2022

    • Decrease in gold prices on 22 February 2022

      There was a dip in the prices of both 22 karat and 24 karat gold on 22 December 2021. The decrease was by Rs.900. The price of yellow metal has been falling for the past four days.

      Gold prices settled at Rs.45,900 for 10 grams of 22 karat gold while 10 grams of 24 karat gold was priced at Rs.50,050. Across different metropolitan cities in India, the price of gold was as follows: In New Delhi, the price of 10 grams of 22-karat gold was Rs.45,990 and Rs.50,050 was the price for 10 grams of 24-karat gold. In Mumbai, the price of 10 grams of 24 karat gold was Rs.50,050 and the price of 10 grams of 22 karat gold was Rs.45,900. In Chennai, the price of 22 karat gold for 10 grams was Rs 47,270 and Rs.51,570 for 10 grams of 24 karat gold. In Kolkata, the price of 10 grams of 22 karat gold was Rs.45,900 while the cost of 10 grams of 24 karat gold was Rs.50,050.

      22 February 2022

    • Gold gains marginally in India

      The gold futures on MCX witnessed an upward trend of 0.15 % which is an effective hike of Rs.33 thereby making gold trade at the rate of Rs. 47,997 per 10 grams. Silver futures were being traded Rs 61,532 per kg which is 1.12% or Rs.683 higher.

      8 February 2022

    • Gold rates on 24 January 2022

      The gold prices were fluctuating on 24 January in Chennai, Mumbai, Kolkata, and Delhi. In Delhi, 10 gram of 22 karat gold was sold at Rs.47,790 while 10 gram of 24 karat gold fell by Rs.10 and was priced at Rs.52,090. In Chennai, 10 gram of 22 karat gold traded at Rs.45,870 with a price drop of Rs.10 whereas the price of 10 gram of 24 karat gold dropped by Rs.10 and was sold at Rs.50,040.

      Similarly, the gold prices in Kolkata saw a price drop of Rs.10 and 10 gram of 24 karat gold traded at Rs.50,390 while 22 karat gold was at Rs.47,690. The price of the yellow metal in Mumbai also fell by Rs.10 and the rates of 22 karat and 24 karat gold per 10 gram were at Rs.47,520 and Rs.49,520, respectively. Silver was priced at Rs.64,900 in Mumbai, Delhi, and Kolkata. In Chennai, the silver rate was at Rs.69,000 per kg.

      27 January 2022

    • Gold prices remain unchanged on 18 January 2022

      No changes were seen in the gold prices on 18 January 2022. The price of the yellow metal was Rs.47,090 per 10 gram of 22-carat gold in India. The gold prices in Mumbai and Delhi are Rs.47,090 and Rs.47,140, respectively. The spot gold prices were steady at $1,800 per ounce.

      Given below are the gold prices per 10 gram of 22-carat gold of various cities in India:

      • Gold price in Delhi: Rs.47,140
      • Gold price in Chennai: Rs.45,340
      • Gold price in Mumbai: Rs.47,090
      • Gold price in Hyderabad: Rs.44,990
      • Gold price in Kolkata: Rs.47,300
      • Gold price in Bangalore: Rs.44,990
      • Gold price in Pune: Rs.46,510
      • Gold price in Ahmedabad: Rs.46,490
      • Gold price in Kerala: Rs.46,450
      • Gold price in Vadodara: Rs.46,810
      • Gold price in Jaipur: Rs.47,190
      • Gold price in Coimbatore: Rs.45,340
      • Gold price in Lucknow: Rs.45,790
      • Gold price in Madurai: Rs.45,340
      • Gold price in Vijayawada: Rs.44,990
      • Gold price in Nagpur: Rs.47,090
      • Gold price in Patna: Rs.46,450
      • Gold price in Chandigarh: Rs.45,790
      • Gold price in Bhubaneswar: Rs.44,990
      • Gold price in Surat: Rs.46,490
      • Gold price in Mangalore: Rs.44,990
      • Gold price in Nashik: Rs.46,450
      • Gold price in Visakhapatnam: Rs.44,990
      • Gold price in Mysore: Rs.44,990

      18 January 2022

    • Gold price is likely to edge higher

      In India, gold was sold at a lower rate on 7 October. Gold price fell down 0.16% to Rs.46,832 for 10 gram on MCX. December gold futures were selling slightly higher by 0.06% to Rs.61,040 per kg.

      On 6 October, the gold price rose Rs.163 to Rs.46,845 for 10 gram due to a sudden depreciation in the rupee. The dollar, which was measured against six major currencies was up 0.56%.

      8 October 2021

    • Gold price today at Rs 46,260 per 10 gm, silver trending at 62,000 a kg

      The gold price for 10 gm of 22-carat gold rose by Rs.60 to Rs.46,260 on Tuesday. Previously, the gold price had closed at Rs.46,200 per 10 grams.

      The price of silver traded at Rs.62,000 per kg.

      In New Delhi and Mumbai, the rate stands at Rs.46,400 and 46,260 per 10 gm of gold, respectively. In Chennai, the precious metal is being traded at Rs 44,610.

      The rate of 24-carat gold also grew by Rs.60 to stand at Rs.47,260 per 10 gm.

      In New Delhi, the price of gold is Rs.50,620 per 10 gm (24 carat) while in Mumbai it is Rs.47,260.

      24 August 2021

    • Gold rates increase as the Delta variant spreads

      Gold rates had been trading higher in India and was mirroring the global trends as there had been escalating concerns about the economic fallout which was caused due to the spread of the Delta variant. This had dented the sentiment towards riskier assets, and had then, lifted bullion’s appeal. On the MCX, the October futures for gold had been trading 0.19% up at Rs.47,370 per 10 gram.

      19 August 2021

    • Gold Price on 2 August 2021

      The price of 22-carat gold was at Rs.47,380 per 10 grams on Monday, 2 August 2021. 24-carat gold was priced at Rs.48,380 per 10 grams. In New Delhi, 22-carat gold retailed for Rs.47,140 per 10 grams while in Mumbai it was valued at Rs.47,380 per 10 grams. Lastly, in Chennai, the yellow metal was priced at Rs.45,470.

      3 August 2021

    • India Gold Price on 27 July 2021

      Following the muted trend in worldwide spot prices, gold was trading flat in Indian markets on Thursday, July 27 2021, as investors remained cautious ahead of the result of the US Federal Reserve meeting this week. August gold contracts were trading 0.02% lower at Rs.47,450 per 10 grams on the Multi-Commodity Exchange (MCX). Silver futures for September were trading at a low 0.22% for Rs.66,970 per kilogram.

      28 July 2021

    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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