Today’s Gold Price in India: 24K, 22K, 18K Rates Per Gram, Tola, and Kilo
Gold Price in India: Check today’s gold price in India for 24K, 22K, and 18K per gram, tola, and kilogram. Stay updated with live rates, price trends, and tips for buying gold smartly across Indian cities.
If you’re planning to buy gold in India today, it’s crucial to stay updated with the latest gold rates. The price of gold changes daily due to global market movements, currency exchange rates, and local demand. Below we break down the gold price in India today for 24K (pure), 22K, and 18K gold in grams, tolas, and kilograms.
Gold Price in India Today (Approximate Rates—July 2025)
| Purity | Per Gram | Per Tola (11.66g) | Per Kg |
|---|---|---|---|
| 24K | ₹6,550 – ₹6,580 $78.45 – $78.81 | ₹76,350 – ₹76,700 $914.37 – $918.56 | ₹6,550,000 – ₹6,580,000 $78,445 – $78,810 |
| 22K | ₹6,010 – ₹6,040 $71.98 – $72.34 | ₹70,050 – ₹70,400 $839.16 – $843.36 | ₹6,010,000 – ₹6,040,000 $71,978 – $72,337 |
| 18K | ₹4,950 – ₹4,980 $59.28 – $59.64 | ₹57,750 – ₹58,050 $691.01 – $694.60 | ₹4,950,000 – ₹4,980,000 $59,282 – $59,641 |
(Note: Prices vary slightly by city and dealer. Check current rates before purchase.)
Why Does Gold Price Fluctuate in India?
The gold price in India fluctuates daily, driven by several global and domestic factors. One of the biggest influences is the global spot price of gold, which reflects international market trends, geopolitical tensions, and economic indicators like inflation and interest rates. When global gold prices rise, Indian rates follow suit.
Another key factor is the INR-USD exchange rate. Since gold is priced internationally in U.S. dollars, a weaker Indian rupee against the dollar makes gold more expensive domestically, even if global prices remain stable.
Additionally, India imports nearly all its gold, so import duties and taxes directly affect the retail price. Periodic changes in customs duty or GST (currently 3% GST + ~12.5% import duty) can impact final rates.
Lastly, local demand and seasonal trends also play a role. During festivals, weddings, and auspicious occasions, demand spikes, sometimes pushing premiums higher due to supply constraints.
Understanding these factors helps buyers make informed decisions and time their purchases better. Always check daily rates and buy from trusted dealers to ensure transparency and value.
City-wise Gold Prices in India: Delhi, Mumbai, Chennai & Kolkata
The gold price in India not only depends on global factors but also varies slightly across major cities due to local demand, logistics, and state-level taxes. Knowing the city-wise gold rates helps buyers find the best deals when purchasing gold jewelry, bars, or coins.
In Delhi, the capital city, prices are competitive because of high demand and large, established wholesale markets. Retail rates here usually include making charges but remain reasonable thanks to intense competition among jewelers.
Mumbai, being a port city and India’s financial hub, often offers some of the lowest gold prices. Its proximity to import channels and a large bullion market keep premiums minimal.
Chennai, known for its traditional affinity for gold, often has slightly higher rates due to strong cultural demand and higher seasonal buying during festivals.
Kolkata, with its rich history of gold craftsmanship, also sees significant demand but usually remains aligned with Mumbai and Delhi rates, with minor variations.
These differences are typically within ₹10–₹30 per gram depending on the city. Always compare rates and ensure BIS hallmark certification for authenticity before buying gold in any city.
How to Buy Gold in India: Bars, Coins, Jewelry, ETFs
In India, gold is not just jewelry but a trusted investment. Buyers can choose physical gold — bars, coins, or jewelry — or digital options like ETFs and Sovereign Gold Bonds. Gold bars and coins (mostly 24K or 22K) are ideal for investment because they have low making charges and high resale value.
These are sold by banks, jewelers, and certified bullion dealers. Jewelry, while culturally significant, often comes with high making charges and impurities, reducing its investment value.
On the digital side, Gold ETFs and Sovereign Gold Bonds (SGBs) allow you to invest in gold without holding it physically. ETFs track gold’s price on stock exchanges, while SGBs are government-backed bonds that also pay annual interest.
Choose based on your needs: physical gold for tradition and immediate liquidity, digital for convenience and minimal overheads.
Tips to Get the Best Gold Price in India
Buying gold at the right time and place can save you thousands. Firstly, buy during price dips, which usually occur outside of wedding and festival seasons. Opt for 24K bars or coins instead of jewelry to avoid high making charges. Always check the day’s gold rate on trusted platforms and compare across dealers in different cities, as Mumbai and Kolkata often have slightly lower rates.
Ensure that you only buy BIS-hallmarked gold, which guarantees purity and authenticity. For bulk purchases, negotiate with the dealer, especially if buying bars or coins.
Finally, avoid buying under emotional pressure, such as during a family event, when demand (and prices) are at their peak. Following these strategies ensures you get maximum value for your money.
Indian Gold Price vs. Global Markets: A Comparison
Gold prices in India closely follow global spot rates but include additional costs. While Dubai often offers the lowest prices globally because of negligible import duties and no VAT, India adds about 12.5% import duty and 3% GST, pushing local prices about 6–10% higher than Dubai.
When compared to the USA and Europe, Indian gold is still competitive, as these markets also have VAT and higher premiums. For example, if gold is $2,350 per ounce globally, it might cost about $2,495–$2,550 in India after duties.
Despite higher prices, India remains attractive due to accessibility and trust in certified jewelers. Buyers looking for the cheapest rates might consider Dubai for small purchases but should factor in travel and customs duties when bringing gold back to India.
Legal & Tax Aspects of Buying Gold in India
Gold purchases in India come with specific legal and tax requirements. For purchases over ₹2 lakh, you must provide your PAN card to comply with anti-money laundering rules. Gold is subject to 12.5% import duty and 3% GST, which are already included in the final price quoted by jewelers.
Always insist on a proper bill with GST mentioned, as this protects your investment and facilitates resale. If you’re importing gold (say from Dubai), you must declare it at customs and pay applicable duties.
Selling gold also may attract capital gains tax if held as an investment and sold at a profit. Compliance ensures peace of mind, avoids penalties, and maintains the resale value of your gold.
Gold Price Predictions in India: Short & Long-term Outlook
Gold has historically been a reliable hedge against inflation and economic instability. Experts predict that gold prices in India will remain volatile in the short term, reacting to global events, rupee-dollar movements, and central bank policies.
In the next 6–12 months, prices are expected to rise moderately due to sustained global demand and geopolitical uncertainty. Over the long term (5–10 years), analysts forecast a steady upward trend, as gold continues to preserve wealth during times of crisis and currency depreciation.
Investors should use dips to accumulate gold gradually, rather than trying to time the market perfectly. Given its resilience, gold remains a crucial part of a balanced investment portfolio.
