Gold Rate Today in India — by City

Every Indian city starts from the same IBJA national reference rate. On top of that, local jewellers add a small premium — usually well under 1% — covering transport, financing and dealer margins. That premium is why the per-gram rate in Chennai or Delhi differs slightly from Mumbai, even though the underlying metal price is identical.

Mumbai trades at or near the national base (lowest premium), while Chennai carries the highest city premium among the cities listed. The gap between them is small — typically a fraction of a percent — because all cities track the same IBJA fix.

The table shows both. 24K (999 fine) is pure gold used for coins and bars; 22K (916 hallmark) is the standard for Indian jewellery. Most ornaments are sold in 22K, with the final bill adding wastage, making charges and 3% GST on the metal value.

Rates are refreshed daily from the IBJA reference, which itself is fixed twice each business day (around 12:00 and 17:00 IST). Each city page also carries a 30-day chart and a full historical archive.

Today's 24K gold rate in India is ₹14,780.02 per gram and 22K is ₹13,548.41 per gram.

1 gram of 22K gold in India costs ₹13,548.41 today. 22K (the 916 hallmark) is the purity virtually all Indian jewellery is sold at, and per gram is the unit every jeweller quotes. A jewellery bill adds wastage, making charges and GST on top of this metal rate.

10 grams of 22K gold is worth ₹1,35,484.05 today at the India rate of ₹13,548.41 per gram. That is the metal value only — a finished 10 g ornament will be billed higher once wastage, making charges and GST are added. The jewellery bill calculator on this page itemises the full amount.

916 is the BIS fineness mark for 22-karat gold: 91.6% pure gold, with the rest copper or silver added for hardness. "916 gold rate" and "22K gold rate" are the same number. Today's 916 gold rate in India is ₹13,548.41 per gram — the same as the 22K rate above.

Divide the karat by 24 and multiply by the 24K rate: karat ÷ 24 × 24K price per gram. For example, with today's 24K rate of ₹14,780.02, the 22K rate works out to roughly 22 ÷ 24 × ₹14,780.02 ≈ ₹13,548.36 per gram (retail 22K uses the slightly different 0.916 fineness ratio).

A tola is a traditional Indian unit equal to 11.6638 grams. At today's 24K rate, one tola costs about ₹1,72,391.25. The related South Indian unit, the sovereign (pavan), is 8 grams of 22K gold. The price table above shows today's rate per gram, tola, sovereign and ounce.

24K is 99.9% pure gold (also called 999 fine) and is used for coins and bars. 22K is 91.6% pure (the 916 hallmark) and is the standard for Indian jewellery because pure 24K is too soft to hold a setting. 18K is 75% pure (750 hallmark) and is preferred for diamond and gemstone jewellery for its added strength.

Indian gold rates move with the international spot price (set in USD on the London and COMEX markets), the USD-to-INR exchange rate, import duty, GST, and daily demand from jewellers and bullion banks. The Indian Bullion and Jewellers Association (IBJA) publishes a fix twice each business day that most domestic retailers use as a reference.

The BIS (Bureau of Indian Standards) hallmark is a six-digit alphanumeric code stamped on jewellery to certify its purity. A 916 stamp confirms 22K, 750 confirms 18K, and 999 confirms 24K. Since April 2023, BIS hallmarking is mandatory for gold jewellery sold in India.

No. Each city applies a small local premium on top of the IBJA reference price to cover transport, financing, and dealer margins. Chennai is historically the highest by a small margin; Mumbai, Bangalore and Hyderabad are typically closest to the national base.

No. The rate on this page is the metal value per gram only. Jewellery purchases also attract wastage (typically 5–12%), making charges (8–25%) and GST (3% on gold value, 5% on making). Use the bill verification calculator to itemise a complete jeweller's bill.

For pure investment, 24K coins or bars (or digital gold) preserve the full metal value and are easier to liquidate at the IBJA rate. 22K is meant for jewellery; resale value usually deducts wastage and making charges, so it is a less efficient investment vehicle.

Look for the three-part BIS hallmark stamped on the piece: the BIS triangle logo, the fineness number (916 for 22K, 750 for 18K, 999 for 24K), and the six-digit alphanumeric HUID code. You can verify the HUID against the jeweller's record in the official BIS Care mobile app. For unhallmarked pieces, any BIS-recognised assaying centre can test purity with an XRF (karat meter) scan.

Yes. 22K is alloyed with copper or silver precisely so it is hard enough for everyday wear — it is the standard for Indian daily-wear chains, rings and bangles. Pure 24K is too soft and dents or bends easily, while 18K is harder still and suits stone-set pieces that take more knocks.

You will be paid for the metal value only — the wastage, making charges and GST you paid at purchase are not recoverable. Most buyers also deduct roughly 3–10% for melting and purity testing, and hallmarked pieces fetch closer to the published rate than unhallmarked ones. Exchanging old jewellery for new at the same jeweller usually gives a better effective rate than an outright sale.

No one can reliably predict gold prices, and this site publishes data, not forecasts. Prices respond to the US dollar, real interest rates, central-bank buying, the USD–INR exchange rate and Indian seasonal demand. Use the long-range chart on this page to study the historical trend yourself, and treat any specific price prediction you read online with scepticism.