Today’s Gold Rate & Gold Price in India

 

Date	Gram	18 Carat Gold Rate Today	22 Carat Gold Rate Today	24 Carat Gold Rate Today
July 03, 2025	1 Gram	7,503	₹9,171	₹9,630
July 03, 2025	10 Gram	75,035	₹91,710	₹96,299

Gold price in India with fluctuations in the last few days, is shown below:

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.

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 Carat, 22 Carat & 24 Carat gold easily. It works out the cost based on the weight you enter. 

 

Several factors can affect the calculation, such as:

• Gold purity (in Carat)

• Weight units (in grams)

• Your specific location in India

• Current market fluctuations

   

You should check the gold rate and gold price at your local jewellery store for the best offer possible. 

You can also get a Gold Loan on Bajaj Markets App & Website. To check how much Gold Loan you can get and Loan to Value visit the gold loan calculator on Bajaj Markets that  help you make an informed decision.

Just enter the required details and it will give you an estimated gold rate.

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 Carat, 22 Carat, and 24 Carat 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.

Gold Rate Overview (24K):

• Gold price on May 1st, 2025: ₹10,079.70 per gram
  
• Gold price on May 31st, 2025: ₹10,432.60 per gram

Monthly Highs & Lows:

• Highest price: ₹10,590.85 per gram (Recorded on May 26th, 2025)
  
• Lowest price:₹9,945.40 per gram (Recorded on May 5th, 2025)

22K Gold Rate:

• Price on May 1st: ₹9,267.05 per gram
• Price on May 31st: ₹9,558.72 per gram

 

18K Gold Rate:

• Price on May 1st: ₹7,559.00 per gram
• Price on May 31st: ₹7,829.45 per gram

 

Overall Performance:

• Trend: Gradual Increase
• Percentage Change: +3.50%

Gold prices rebounded in May 2025, recovering from the previous month's slight correction. The market saw steady gains throughout the month, indicating renewed investor interest and global market stability.

Gold Rate Overview (24K):

• Gold price on April 1st, 2025: ₹9,461.24 per gram
  
• Gold price on April 30 st, 2025: ₹10,079.70 per gram

Monthly Highs & Lows:

• Highest price: ₹10,484.20 per gram (Recorded on April 22 th, 2025)
  
• Lowest price: ₹9,020.79 per gram (Recorded on April 08 th, 2025)

22K Gold Rate:

• Price on April 1st: ₹8,846.26per gram
  
• Price on April 31st: ₹9,267.05per gram
   

18K Gold Rate:

• Price on April 1st: ₹7,095.93 per gram
  
• Price on April 31st: ₹7,559.00 per gram
   

Overall Performance:

• Trend: Slight Decline
  
• Percentage Change: -0.85%

Gold prices experienced a minor correction in April 2025 after two months of increase. The price dipped slightly, showing a downward trend by the end of the month.

Gold Rate Overview (24K):

• Gold price on March 1st, 2025: ₹8,754 per gram
  
• Gold price on March 31st, 2025: ₹8,680 per gram

Monthly Highs & Lows:

• Highest price: ₹8,810 per gram (Recorded on March 7th, 2025)
  
• Lowest price: ₹8,590 per gram (Recorded on March 21st, 2025)

22K Gold Rate:

• Price on Mar 1st: ₹8,040 per gram
  
• Price on Mar 31st: ₹7,965 per gram
   

18K Gold Rate:

• Price on Mar 1st: ₹6,565 per gram
  
• Price on Mar 31st: ₹6,510 per gram
   

Overall Performance:

• Trend: Slight Decline
  
• Percentage Change: -0.85%

Gold prices experienced a minor correction in March 2025 after two months of increase. The price dipped slightly, showing a downward trend by the end of the month.