Precious metals
Gold Price in India
Live gold price per gram and per ounce, by karat, in INR.
152,190.10 INR
per gram: 13,048.07 INR · per ounce: 405,840.40 INR
| Karat | Per tola | Per ounce |
|---|---|---|
| 24K | 152,190.10 INR | 405,840.40 INR |
| 22K | 139,507.59 INR | 372,020.36 INR |
| 21K | 133,166.34 INR | 355,110.35 INR |
| 18K | 114,142.57 INR | 304,380.30 INR |
Raw metal (spot) value — shops pay less when buying and charge more when selling (premium + making charges).
Typical making charges: souk ~6–10%, branded jewellery ~15–25%. Rough estimate — negotiate!
Silver: 189.55 INR / gram
Spot prices via gold-api.com, updated 2026-10-11 — for information only, not financial advice, and not our responsibility for any decisions made using them. Jewellers add a premium and making charges over spot, so retail prices are higher.
Gold price in India, explained
Gold trades globally in US dollars per troy ounce. To show the price in INR, we convert at the live exchange rate and divide by 31.1035 grams, then adjust for karat purity. That is why the local price moves with both the gold market and the INR exchange rate.
Need the price in another currency? Use our currency converter.
Gold in India: the local market
India is the world's largest gold-jewelry market. Retail trade is 22K (hallmarked '916'), priced per gram or per tola in the north and per sovereign/pavan (8 g) in the south. BIS hallmarking is mandatory for jewelry sales.
Import duty plus 3% GST keeps Indian retail prices above international spot, and demand spikes around wedding seasons and festivals like Akshaya Tritiya and Dhanteras.
Local units & today’s value in INR
| Unit | 24K | 22K (local standard) |
|---|---|---|
| 1 gram | 13,048 INR | 11,961 INR |
| 1 tola(11.6638 g) | 152,190 INR | 139,508 INR |
| 1 sovereign / pavan(8 g) | 104,385 INR | 95,686 INR |
| 1 troy ounce(31.1035 g) | 405,841 INR | 372,021 INR |
Spot value only — local shops add making charges and any taxes. Prices as of 2026-10-11.
How an Indian shop quote is built
An Indian jewellery bill has three lines: the gold rate for the day per gram or per 10 grams at the karat (22K, hallmarked 916, is the standard), making charges quoted as a percentage of the gold value or per gram, and 3% GST on the total. Some shops add a separate charge for stones. Because import duty and GST sit inside the rate, the Indian retail price runs above the converted world price on this page; the gap is the tax.
Since 2021 BIS hallmarking with a six-digit HUID code is mandatory, and since 2023 shops may only sell hallmarked pieces. The mark shows fineness (916 for 22K, 750 for 18K, 585 for 14K) and lets you verify the piece on the BIS Care app.
Selling gold in India
Jewellers buy back at the day's rate for the karat, usually with a small deduction, and refuse the making charge entirely; hallmarked pieces get better offers than unmarked ones. Exchanging old jewellery for new at the same shop often gets the best terms. Gains on physical gold held more than 24 months are taxed as long-term capital gains at 12.5% under the rules in force since July 2024.
Zakat nisab in INR today
The gold nisab — the minimum wealth at which zakat becomes due — is 85 grams of pure gold. At today’s spot price that is about 1,109,086 INR. If your zakatable wealth is above this, work out what you owe with our zakat calculator (live nisab, gold or silver method).
Gold price in other countries
Frequently asked questions
What is the gold price per gram in India today?+
This page shows the live 24K gold price per gram in INR, along with 22K, 21K and 18K. It is the international spot price converted to INR and divided per gram, updated hourly.
Why is the jeweller's price in India higher than this?+
This is the raw metal (spot) value. Shops add a premium plus making charges, and local taxes may apply, so the retail price is higher than spot.
Which karat is most common in India?+
22K (91.7% pure) is the karat most commonly traded in India. 24K is pure gold; lower karats mix in alloy and cost proportionally less per gram. Note: Import duty + 3% GST keep local prices above international spot.
Why is the Indian gold price higher than the international price?+
Import duty and 3% GST are built into the Indian retail rate, and rupee weakness adds to it. This page shows the world price converted at the live rate; the Indian retail rate sits above it by roughly the tax.