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Compare services →Gold Price by Karat in India (INR)
₹12,798.15
₹11,731.64
₹9,598.61
₹7,465.59
| Karat | Purity | Per Gram | Per Tola | Per Ounce |
|---|---|---|---|---|
| 24K | 100.0% | ₹12,798.15 | ₹149,273.35 | ₹398,067.25 |
| 22K | 91.7% | ₹11,731.64 | ₹136,833.91 | ₹364,894.98 |
| 21K | 87.5% | ₹11,198.38 | ₹130,614.18 | ₹348,308.84 |
| 18K | 75.0% | ₹9,598.61 | ₹111,955.01 | ₹298,550.43 |
| 14K | 58.3% | ₹7,465.59 | ₹87,076.12 | ₹232,205.89 |
| 10K | 41.7% | ₹5,332.56 | ₹62,197.23 | ₹165,861.35 |
Prices are calculated from the international spot price and may not reflect local market premiums, taxes, or crafting fees.
How the gold market works in India
India is one of the world's two largest consumers of gold, and most of it is bought as 22K jewellery for weddings and festivals rather than as bars. Retail prices across the country follow the India Bullion & Jewellers Association (IBJA) fix, published every trading day in the morning and afternoon. Differences between cities are small; what changes from shop to shop is the making charge, which can range from about 5% on plain chains to over 20% on intricate bridal work.
Because India imports nearly all its gold, the domestic price sits above world spot by the import duty plus GST. The duty is a policy lever the government adjusts — it was cut to 6% in the July 2024 budget — so the premium over spot can move overnight.
Demand peaks around Akshaya Tritiya, Dhanteras and Diwali, and the winter wedding season. Since 2021 most jewellery must carry a BIS hallmark with a 6-digit HUID code; check it before you pay.
- Reference price
- IBJA daily AM/PM fix
- Units
- 10 grams for quotes; 1 tola = 11.66 g in traditional trade
- Common purities
- 22K (916) for jewellery, 24K (999) for coins and bars
- Taxes & costs
- 3% GST on gold value, 5% GST on making charges; import duty on top of spot
Last reviewed October 1, 2026. How we source prices
| Contract | Last | Change |
|---|---|---|
| Gold Oct 2026 | $4,134.80 | $38.10 0.91% |
| Gold Oct 2026 | $4,134.80 | $38.10 0.91% |
| Gold Dec 2026 | $4,145.80 | $16.50 0.40% |
| Gold Feb 2027 | $4,180.10 | $16.90 0.40% |
Price Statistics
Close
$4,131.90
₹398,067.25
Price Performance
Price History — Last 30 Days
| Date | Price | Change | % |
|---|---|---|---|
| Sep 06 | $4,429.90 | +$0.00 | 0.00% |
| Sep 07 | $4,425.40 | +$0.00 | 0.00% |
| Sep 08 | $4,359.60 | +$0.00 | 0.00% |
| Sep 09 | $4,394.90 | +$0.00 | 0.00% |
| Sep 10 | $4,317.30 | +$0.00 | 0.00% |
| Sep 11 | $4,349.70 | +$0.00 | 0.00% |
| Sep 12 | $4,349.70 | +$0.00 | 0.00% |
| Sep 13 | $4,339.40 | +$0.00 | 0.00% |
| Sep 14 | $4,290.60 | +$0.00 | 0.00% |
| Sep 15 | $4,285.60 | +$0.00 | 0.00% |
1 USD = 96.34 INR
Gold in Other Currencies
Based on USD spot price and exchange rate.
Price Records
All-Time High
$5,318.40
Jan 29, 2026
$5,318.40
$3,946.30
-12.3%
Gold Converter
Result
31.1035 Grams
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