Today's Gold Rate in India

For (Sep 10, 2026), 24K gold is quoted at ₹1,50,730 per 10 grams in India, while the per-gram rate is ₹15,073. For an 8-gram purchase, the applicable 24K gold price is ₹1,20,584.

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.

At present, 22 Karat gold in India is available at ₹14,355 per gram, showing a movement of ₹110 from the previous day's rate.

The 18 Karat gold price in India currently works out to ₹1,17,450 per 10 grams, with the price for 8 grams calculated at ₹93,960.

Gold plays an important role in households across India, but the reasons for buying and the preferred jewellery styles can vary significantly from one region to another.

South India: Strong Preference For Gold Jewellery

South India is often regarded as one of the country's largest gold-consuming regions. States such as Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh have strong traditions of purchasing gold for weddings, festivals, and family functions.

Demand is particularly high for:

• Bridal jewellery sets

• Temple jewellery

• Kasu Mala and Manga Mala

• Thali chains

• Gold coins

• Family heirloom jewellery
   

In many households, gold continues to be viewed as both an ornament and a long-term store of wealth.

North India: Wedding-Driven Gold Purchases

North India sees significant gold demand during wedding seasons. Jewellery forms an important part of bridal trousseaus, family gifting traditions, and ceremonial customs.

Popular purchases include:

• Heavy bridal necklaces

• Kundan jewellery

• Polki jewellery

• Bangles and kadas

• Rani Haar

• Gold coins
   

Wedding-related buying remains one of the strongest drivers of gold demand across states such as Punjab, Uttar Pradesh, Rajasthan, Haryana, and Delhi.

West India: A Blend Of Jewellery And Investment Demand

States such as Maharashtra and Gujarat have a well-developed gold market supported by both jewellery purchases and investment-oriented buying.

Consumers frequently purchase:

• Gold coins

• Gold bars

• Hallmarked jewellery

• Wedding collections

• Investment-grade gold products
   

Business communities and trading families often view gold as part of a diversified asset portfolio alongside its cultural significance.

East India: Festival-Led Buying Traditions

In eastern states such as West Bengal, Odisha, Assam, and parts of Bihar, gold purchases often increase around major festivals and religious celebrations.

Important buying occasions include:

• Durga Puja

• Dhanteras

• Diwali

• Akshaya Tritiya

• Regional wedding seasons
   

Traditional jewellery, lightweight ornaments, and family gifting purchases contribute significantly to demand across the region.

A Common Thread Across India

Despite regional differences, gold remains closely associated with:

• Weddings

• Family celebrations

• Wealth preservation

• Religious and cultural traditions

• Gifting

• Long-term savings
   

These factors continue to make gold one of the most widely purchased and valued assets across India.

The table that follows presents daily gold rates for India across the previous 10 days, highlighting the latest price trends for 22 Karat and 24 Karat gold.

Although gold prices across India broadly follow the same international market trends, the final retail rate can differ slightly from one city to another. These variations are usually influenced by local market conditions rather than changes in the global gold price.

Logistics And Transportation Costs

Gold must be transported from major bullion hubs and distribution centres to jewellery markets across the country. Cities located farther from key supply centres may experience slightly higher costs due to transportation, insurance, handling, and storage expenses.

Local Demand And Supply Conditions

Demand for gold is not uniform throughout India. Wedding seasons, regional festivals, and local buying habits can influence jewellery demand in specific cities. Higher demand may sometimes result in small price differences compared to markets with relatively lower purchasing activity.

Jeweller Premiums

Jewellers may apply different margins based on operating costs, inventory management, local competition, and customer preferences. As a result, gold rates can vary slightly between retailers, even within the same city.

Import And Distribution Costs

India imports a significant portion of its gold requirements. Once imported, the metal moves through wholesalers, distributors, and retailers before reaching consumers. Distribution-related expenses can contribute to small regional price variations.

Market Competition

Cities with a large concentration of jewellers and organised retail chains often have highly competitive pricing. In contrast, smaller markets with limited competition may have slightly different retail rates.

Purity And Product Type

Jewellery prices can also differ based on the purity of gold being sold. Rates for 24 Karat, 22 Karat, and 18 Karat gold vary, and the final price may depend on whether you purchase jewellery, coins, bars, or other gold products.

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 & 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 Karat)

• 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 Karat, 22 Karat, and 24 Karat gold purchases, whether bullion, coins or ready-made jewellery.

Gold is one of the most popular investment and wealth-preservation assets in India. While daily gold rates are largely influenced by global market movements, several domestic and international factors determine how gold prices rise or fall. Understanding these factors can help buyers make informed decisions whether they are purchasing jewellery, coins, bars, or gold as an investment.

Demand and Supply

Like any commodity, gold prices are heavily influenced by demand and supply. When demand increases and supply remains limited, prices tend to rise. Conversely, weaker demand can put downward pressure on prices. In India, gold demand typically surges during wedding seasons, festivals, and other auspicious occasions, often supporting higher prices.

Inflation

Gold is widely regarded as a hedge against inflation. When inflation rises and the purchasing power of money declines, many investors turn to gold to preserve wealth. Higher demand during inflationary periods can contribute to an increase in gold prices.

Interest Rates

Gold and interest rates often share an inverse relationship. When interest rates rise, fixed-income investments such as deposits and bonds may become more attractive, potentially reducing demand for gold. Conversely, lower interest rates can encourage investors to allocate more funds to gold, supporting prices.

Monsoon and Rural Income

India's rural economy plays a major role in gold consumption. A favourable monsoon often leads to strong agricultural output and higher farm incomes, enabling households to spend more on gold jewellery and investment products. As a result, robust harvests can boost gold demand in many parts of the country.

RBI Gold Reserves

The Reserve Bank of India (RBI) holds gold as part of its foreign exchange reserves. Large-scale purchases or sales of gold by central banks, including the RBI, can influence market sentiment and affect gold prices, as such actions are often viewed as indicators of long-term confidence in the precious metal.

Currency Exchange Rates

Gold is traded internationally in US dollars. Since India imports a significant portion of its gold, fluctuations in the rupee-dollar exchange rate directly impact domestic gold prices. A weaker rupee generally makes gold imports more expensive, often leading to higher gold prices in India.

Relationship with Other Asset Classes

Gold is often considered a portfolio diversifier because it typically has a low correlation with stocks and many other financial assets. During periods of market volatility, investors may increase their allocation to gold, which can raise demand and support prices.

Geopolitical Events

Global uncertainty, including geopolitical tensions, economic crises, and conflicts, often increases demand for gold as a safe-haven asset. During such periods, investors tend to seek stability in gold, which can drive prices higher.

Import Duties and Taxes

Government policies, including import duties and taxation on gold, can affect the final price paid by consumers. Changes in import-related costs may influence domestic pricing even when international gold rates remain stable.

Making Charges

For jewellery purchases, the final price includes making charges in addition to the value of the gold itself. These charges vary depending on the complexity of the design, craftsmanship, and the jeweller's pricing structure, which is why jewellery prices may differ even when the gold rate is the same.

Together, these factors influence daily gold price movements in India. By keeping track of global market trends, currency fluctuations, economic conditions, and seasonal demand patterns, buyers can better understand changes in gold rates and make more informed purchasing decisions.