Gold Price Today in India
Live gold spot price in Indian rupees per troy ounce, gram, and kilogram. Updated daily with market analysis, historical context, and expert insights for Indian gold investors, jewelers, and consumers.
📊 Updated daily · Next update: August 9, 2026
Gold Price in INR by Weight & Karat
| Weight | 24K (99.9%) | 22K (91.6%) | 18K (75%) | 14K (58.3%) |
|---|---|---|---|---|
| 1 Gram | ₹13,293.55 | ₹12,176.89 | ₹9,970.16 | ₹7,750.14 |
| 8 Grams (1 Sovereign) | ₹1,06,348.39 | ₹97,415.13 | ₹79,761.29 | ₹62,001.11 |
| 10 Grams | ₹1,32,935.49 | ₹1,21,768.91 | ₹99,701.62 | ₹77,501.39 |
| 1 Tola (11.66g) | ₹1,55,053.46 | ₹1,42,028.97 | ₹1,16,290.10 | ₹90,396.17 |
| 1 Troy Ounce | ₹4,13,475.90 | ₹3,78,743.92 | ₹3,10,106.93 | ₹2,41,056.45 |
| 100 Grams | ₹13,29,354.90 | ₹12,17,689.08 | ₹9,97,016.17 | ₹7,75,013.90 |
Indian Gold Market Overview
🇮🇳 Gold in India
India is the world's second-largest consumer of gold, with annual demand exceeding 800-900 tonnes. Gold holds deep cultural, religious, and economic significance — integral to weddings, festivals like Diwali and Akshaya Tritiya, and as a traditional store of wealth. Indian households collectively hold over 25,000 tonnes of gold, making it the world's largest private gold reserve.
The Indian gold market is dominated by 22K jewelry, which accounts for over 70% of demand. The BIS (Bureau of Indian Standards) hallmarking system ensures purity verification. Gold imports are regulated by the RBI and subject to customs duties, which significantly impact domestic gold prices compared to international spot rates.
📊 Key Market Factors for INR Gold
Import Duties: India imposes significant customs duties on gold imports (currently 15% including agriculture cess). This creates a premium between international spot and domestic Indian prices.
INR/USD Exchange Rate: A weaker rupee directly increases domestic gold prices. The RBI manages rupee volatility through forex interventions.
Festival & Wedding Demand: Diwali, Dhanteras, and the wedding season (October-March) drive significant seasonal gold buying. Demand spikes during these auspicious periods.
RBI Policy: Reserve Bank of India's monetary policy, inflation targeting, and gold reserve management influence market sentiment and gold's appeal as a hedge.
How to Buy Gold in India
💍 Jewelry & Physical Gold
22K gold jewelry from trusted jewelers like Tanishq, Malabar Gold, and Kalyan Jewellers. Always verify BIS hallmark. Gold coins and bars from MMTC, banks, and authorized dealers. Physical gold remains the preferred form of gold investment in India.
📈 Digital Gold & SGBs
Sovereign Gold Bonds (SGBs) issued by the RBI offer 2.5% annual interest plus gold price appreciation with tax benefits. Digital gold through platforms like Paytm, PhonePe, and Google Pay allows fractional investments. Gold ETFs listed on NSE/BSE.
🏛️ Gold Monetization
The Gold Monetization Scheme allows depositing idle gold with banks to earn interest. Gold loans against jewelry are widely available. Indian Post Office and major banks offer gold coin sales with purity assurance.
Indian Gold Price History
| Year | Approx Price (INR/10g 24K) | Key Indian Event |
|---|---|---|
| 2000 | ₹4,400 | Gold demand steady; liberalization era |
| 2008 | ₹12,500 | Financial crisis; gold seen as safe haven |
| 2011 | ₹26,400 | Gold peaks; current account deficit concerns |
| 2013 | ₹29,600 | Import restrictions imposed; 80:20 rule |
| 2016 | ₹28,600 | Demonetization boosts gold demand |
| 2020 | ₹48,650 | COVID; record gold prices in INR |
| 2024 | ₹60,000+ | Import duty changes; strong demand |
Frequently Asked Questions About Indian Gold Prices
As of August 8, 2026, 24K gold is trading at ₹1,32,935.49 per 10 grams in India. 22K gold (most common for jewelry) is approximately ₹1,21,768.91 per 10 grams. These are spot prices before GST and making charges.
India imposes significant import duties on gold (currently 15% including agriculture cess). Additionally, GST of 3% applies to gold jewelry, and making charges vary by jeweler (5-25%). These taxes and charges create a substantial premium over international spot prices.
BIS (Bureau of Indian Standards) hallmarking is mandatory purity certification for gold jewelry in India. It verifies karat purity (14K, 18K, 22K). The hallmark includes the BIS logo, purity grade, jeweler's mark, and assay center mark. Always check for BIS hallmark when buying gold jewelry.
22K gold (91.6% pure) is the standard for Indian jewelry — it's durable enough for daily wear and holds cultural preference. 24K (99.9% pure) is preferred for coins, bars, and investment purposes. 24K is too soft for intricate jewelry. Most Indian families prefer 22K for ornaments.
SGBs are government securities issued by the RBI denominated in grams of gold. They pay 2.5% annual interest and track gold prices. Benefits: no storage risk, no GST, no making charges, and capital gains tax exemption on redemption after 8 years. They trade on stock exchanges.
Akshaya Tritiya and Dhanteras are considered auspicious for gold purchases. Prices often dip during non-festival periods (April-June). However, timing the market is difficult. Systematic investment through SGBs or digital gold is a practical approach for long-term accumulation.
Gold is priced globally in USD. When the Indian rupee weakens against the dollar, INR gold prices rise even if international prices are stable. The INR/USD exchange rate is a critical factor in domestic gold pricing, alongside import duties.
Our Indian gold price updates once daily via GoldAPI.io with server-side caching. The spot price shown is before customs duty, GST, and making charges. Actual retail prices will be higher.