Gold Rate Today in India — Complete Guide
Get the latest gold rate in India for 22 Karat and 24 Karat gold across major cities. Our prices are sourced from international commodity markets (LBMA/COMEX) and converted to INR with import duties and GST included.
How Gold Prices Are Determined in India
Gold prices in India are based on the international spot price in USD per troy ounce, converted using the current USD/INR exchange rate, plus 15% import duty and 3% GST. Local factors like transportation costs and jeweller margins cause slight city-to-city variations of Rs 10-50 per gram.
Understanding Gold Purity: 24K, 22K, and 18K
24 Karat gold is 99.9% pure, used for bars and coins. 22 Karat (91.67% pure) is the Indian jewellery standard with BIS hallmarking. 18 Karat (75% pure) is used for fashion jewellery with gemstone settings.
GST on Gold Purchase — Complete Breakdown
Gold attracts 3% GST on the metal value and 5% GST on making charges. For example, 10g of 22K gold at Rs 86,000 with 10% making charges (Rs 8,600) results in total GST of Rs 3,010. Use our Gold Value Calculator for instant computation.
Gold Investment Options in India
Invest in gold through physical purchase, Sovereign Gold Bonds (2.5% interest, tax-free at maturity), Gold ETFs, or digital gold platforms like Google Pay and PhonePe. Compare returns with equity mutual funds using our SIP Calculator.