Today’s Gold Rate in India | Price of Gold Today

Tracking gold rates across India remains essential for buyers and investors alike. This precious metal holds deep cultural significance in Indian households. Many Indians view gold as both a status symbol and a financial safety net. Available in 24k, 22k, and 18K varieties, gold prices fluctuate daily based on global markets, domestic demand and import policies.

 

These variations can even differ between states and even cities. For example, the the gold rate in Delhi today can be slightly different from the gold rate in Chennai today. Whether you're buying jewellery for a special occasion or investing for long-term security, staying informed about today's gold rate helps you make smart decisions.

The gold rate in India varies based on the city and purity of the gold. As per the latest reports, the gold rate today in India is around ₹97,380 for 10 grams of 24 Karat pure gold. These rates can fluctuate due to market conditions, global gold prices, and other economic factors. The table below will help you get an idea about today’s gold price in India as per their weightage:

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,415	₹9,415	₹0
10 Gram	₹94,148	₹94,148	₹0
100 Gram	₹941,477	₹941,477	₹0

It's smart to know the gold price before buying or selling. A gold rate calculator is a simple online tool for this. It helps you quickly estimate the value of your gold. You can check prices for 18 Karat, 22 Karat, or even 24 Karat gold easily. It works out the cost based on the weight you enter. 

 

Several factors can affect the calculation, such as:

• Gold purity (in karats)

• Weight units (in grams)

• Your specific location in India

• Current market fluctuations

 

The gold rate calculator on Bajaj Markets is quick and easy, and can help you make informed decisions. Just enter the required details and it will give you an estimated gold rate.

Measurements for gold commonly include grams, kilograms, troy ounces, and tonnes. The price of gold in various units is demonstrated in the following table: 

In India, taxes are imposed on commodities like gold, and the taxes imposed on the resource vary depending on its usage. The basic customs duty on imported gold bars, coins and jewellery has been reduced from 15% to 6%, effective 24th July 2024. 

 

Since 1st July 2017, the Goods and Services Tax (GST) regime levies 3% GST on the metal value of gold and a separate 5% GST on making (processing) charges.

 

Together, these levies bring the total effective tax rate on imported gold jewellery to 14%:

• 6% basic customs duty on import

• 3% GST on the gold metal value

• 5% GST on making (processing) charges

 

This composite rate applies uniformly across 18 Karat, 22 Karat, and 24 Karat gold purchases, whether bullion, coins or ready-made jewellery.

Gold is one of the most favoured investment instruments worldwide, particularly in India. Just like other assets, the gold rate in India fluctuates daily. While demand is a key driver of price changes, several other factors play a role. Below are a few of the variables that are key in determining today’s gold rate. 

• Demand

Gold prices are significantly influenced by supply and demand economics, just like any other commodity. Increase in prices typically happen when there is a rise in demand and a constrained or low supply. In a similar way, a surplus of gold combined with weak or stagnant demand might cause prices to decline. In India, the festive and wedding seasons tend to see an increase in the demand for gold. 

• Inflation

The worth of the currency decreases due to inflation. You might choose to protect your money in the form of gold in such a situation. Gold prices rise as a result, serving in certain ways as a hedge against inflation. 

• Rate of Interest

Interest rates and gold typically go hand in hand. People frequently sell gold in order to earn high interest as interest rates rise. Similarly, demand for gold rises as interest rates fall. Hence, more people buy gold during this time. 

• Monsoon

A good monsoon leads to a robust harvest and, consequently, boosts rural incomes. This can potenially leading to increased purchasing of commodities like gold in rural areas, thus raising its demand. 

• Treasury Reserves

The Reserve Bank of India (RBI) occasionally buys or sells gold as part of its strategy to diversify its financial reserves. If the RBI buys large amounts of gold, it may signal to the market that gold is a safe investment, potentially driving up demand and prices. 

• Changes in Currency

US dollars are used in all international gold transactions. The price of gold changes during import when dollars are converted into Indian rupees. Usually, as the value of the rupee falls, the price of importing gold increases. 

• Relationship with Other Assets

Gold is a very effective portfolio diversifier because it has a low-to-almost-negative relationship with all major asset classes. According to experts, gold can shield a person’s portfolio from volatility. This is because the variables that have a significant impact on the returns from most asset classes have nominal or no effect on the price of gold. 

• Geopolitical Aspects

Demand for gold typically rises as a safe place for storing money during geopolitical unrest, such as a war. Thus, a global crisis can have a favourable effect on gold prices while having a negative effect on the values of most asset classes. 

• Making Fees

Gold jewellery is typically subject to making fees, which can vary from piece to piece and from jeweller to jeweller, depending on the design.

The gold price in India showed an increasing trend in January 2025. Below is a detailed breakdown:

 

22K Gold Prices in January 2025

• 1st January 2025: ₹7,165 per gram
• 15th January 2025: ₹7,550 per gram
• 31st January 2025: ₹7,745 per gram
• Price Change: ↑ ₹580 per gram (+2.92%)

 

24K Gold Prices in January 2025

• 1st January 2025: ₹7,815 per gram
• 15th January 2025: ₹8,190 per gram
• 31st January 2025: ₹8,448 per gram
• Price Change: ↑ ₹633 per gram (+2.92%)

 

18K Gold Prices in January 2025

• 1st January 2025: ₹6,200 per gram
• 15th January 2025: ₹6,400 per gram
• 31st January 2025: ₹6,536 per gram
• Price Change: ↑ ₹336 per gram

February 2025 witnessed fluctuations in gold prices due to international market trends.

 

22K Gold Prices in February 2025

• 1st February 2025: ₹7,760 per gram
• 15th February 2025: ₹7,880 per gram
• 28th February 2025: ₹7,975 per gram
• Price Change: ↓ ₹-125 per gram (-1.17%)

 

24K Gold Prices in February 2025

• 1st February 2025: ₹8,464 per gram
• 15th February 2025: ₹8,599 per gram
• 28th February 2025: ₹8,699 per gram
• Price Change: ↓ ₹-135 per gram (-1.17%)

 

18K Gold Prices in February 2025

• 1st February 2025: ₹6,450 per gram
• 15th February 2025: ₹6,500 per gram
• 28th February 2025: ₹6,536 per gram
• Price Change: Stable