Gold Price in India per Tola Today — Live 24K & 22K Rates

What Is a Tola?

The tola is a traditional South Asian weight unit still used every day for gold across India, Pakistan, Bangladesh, and Nepal. One tola equals 11.664 grams — close to, but not the same as, one troy ounce.

The unit predates British rule. It was standardised during the colonial era when the East India Company minted the tola silver rupee at 11.664 g. When India adopted metric units after independence, grams became the legal standard for commerce — but jewellers and newspapers kept quoting prices per tola because that's what customers understood. They still do.

Tola ↔ Gram ↔ Troy Ounce

Price by Purity — 22K vs 24K

India's gold market is dominated by 22-karat jewellery. 22K is 91.67% pure — slightly alloyed with copper or silver for durability. 24K (99.9%+) is reserved for investment bars, coins, and high-end bridal sets.

When an Indian newspaper quotes the "22 carat gold rate today" it's the 22K rate per 10 grams — not per tola. Jewellers then recalculate to tola at point of sale. Learn more in our Gold Karat & Purity Guide.

Gold Prices in India's Major Cities

City-to-city differences in India are tiny. National chains publish a single daily rate, so the real variation is between jewellers within a city, not between cities. The markets below are each the gravitational centre of their regional gold trade.

Why Indian Gold Trades at a Premium

Convert the international spot price into INR and you'll get a number noticeably lower than the one on your jeweller's board. The gap is a three-layer stack of taxes, duty and craftsmanship — stacked on top of the global rate.

India's import duty is a political lever, not a fixed number. The government raises it when the rupee weakens and the gold trade widens the current account deficit — then cuts it when smuggling from Nepal, Myanmar and the Gulf picks up. This is why Indian investors increasingly look at Sovereign Gold Bonds and gold ETFs — both avoid the making-charge and GST stack.

How to Buy Gold in India

1. 01

   Check the live rate before you walk in

   Big chains update prices daily at 10am IST. Never accept a 'today special' rate without cross-checking against a national chain's published rate.

2. 02

   Always demand BIS Hallmark with HUID

   Since June 2021, all gold jewellery sold in India must carry the BIS Hallmark with a 6-digit HUID (Hallmark Unique ID). No HUID, no deal.

3. 03

   Negotiate making charges, not gold price

   The spot rate is fixed. Making charges are flexible — 8–15% is reasonable on plain jewellery, 15–25% on detailed work. This is where you have leverage.

4. 04

   Get the bill with purity breakdown

   A valid invoice must list gold weight, purity (22K/24K), rate per gram, making charges, GST, and the HUID number. Keep it — resale depends on it.

5. 05

   For investment, buy bars or coins

   Sovereign Gold Bonds or LBMA-certified bars have the lowest premium. Skip jewellery entirely if the goal is returns, not adornment.