Gold Rate in India Today – 22K & 24K Gold Price per Gram

India’s love affair with gold runs deep—passed down through generations, woven into weddings, and tucked away as a hedge against uncertainty. If you’ve ever checked a gold rate and wondered why the numbers differ across websites, you’re not alone. This guide cuts through the noise: current 22K and 24K prices, the gap between them, and the forces that make India’s gold market tick.

22K Gold (1 gram): ₹15,517 · 24K Gold (1 gram): ₹15,559 · 22K Gold (10 grams): ₹1,42,980 · 24K Gold (10 grams): ₹1,56,090

What is the 22K gold rate in India today?

As of 4 June 2026, Moneycontrol’s India-wide benchmark places 22K gold at ₹15,517 per gram. The rate for 10 grams comes to ₹1,42,980, based on data from Gadgets 360. These figures represent base rates—jewellers add making charges (typically 7–15%) and 3% GST on the total, so what you pay at a store will be higher.

22K gold purity and weight standards

22K gold contains 91.6% pure gold and 8.4% alloy (usually copper or silver). The remaining metals add durability, making 22K the preferred choice for jewellery in India. The other 8.4% isn’t filler—it’s what keeps your bangles from bending at the slightest touch.

Price per gram, 10 grams, and 1 tola

For those calculating purchase costs, here’s the breakdown: ₹15,517 per gram translates to ₹1,52,170 for 10 grams before taxes. One tola equals 11.66 grams, putting the 22K tola rate at approximately ₹1,81,008 at current benchmarks. Tola measurements remain common in bullion markets across Mumbai and Delhi.

What is the price of 24K gold in India today?

Moneycontrol recorded 24K gold at ₹15,559 per gram on 4 June 2026. The Economic Times showed ₹15,675 per gram on 3 June 2026. Both figures cluster around ₹15,600, with daily fluctuations driven by international spot prices and rupee movement. At Gadgets 360’s rate, 10 grams of 24K gold costs ₹1,56,090.

24K gold purity and usage

24K gold is 99.9% pure—the closest to pure gold available commercially. Its softness makes it unsuitable for everyday jewellery; it bends and scratches easily. Investment options like coins, bars, and digital gold accounts typically use 24K for this reason.

Comparison with 22K and 18K rates

The price gap between 22K and 24K per gram is roughly ₹42, or about 7.8% based on Economic Times data. 18K gold, at 75% purity, trades significantly lower—Groww’s live page shows it around ₹11,700 per gram. That lower karat makes sense for lightweight fashion pieces where durability matters more than gold content.

How much is the 10 gram gold price in India at 22 carat?

At the current 22K rate of ₹15,517 per gram, 10 grams costs ₹1,55,170 before taxes. Including 3% GST and typical making charges of 8–12%, a retail purchase could run ₹1,70,000 or higher depending on the jeweller. Comparing that to 24K’s ₹1,56,090 for 10 grams shows why buyers weigh purity against practical wearability.

10 gram rate calculation

The math is straightforward: multiply the per-gram rate by 10, then add levies. Using Gadgets 360’s ₹1,42,980 base for 10 grams of 22K, adding GST brings it to ₹1,47,269. Then layer in making charges—simple designs add 5–8%, while intricate kundan or handcrafted pieces can push 15–20%.

Variation by jeweller and making charges

Major chains like Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds each set their own making charges based on design investment and brand positioning. A simple 22K chain might carry 6–8% making charges; a bridal set with heavy craftsmanship can hit 15–25%. Always ask for the all-in price before committing.

How much is 1 tola 22K gold in India?

One tola equals 11.66 grams, a unit rooted in South Asian trade tradition. At the current 22K benchmark of ₹15,517 per gram, one tola costs approximately ₹1,81,008. Tola measurements dominate bullion trading in major markets like Mumbai’s Zaveri Bazar and Delhi’s Chandni Chowk.

Tola weight conversion

The tola isn’t a metric standard—it’s a traditional weight of 11.664 grams, though GoldPrice.org rounds it to 11.66 grams. When buying gold bars or large quantities, dealers often quote per tola rather than per gram. Converting back is simple: divide the tola price by 11.66 to get your per-gram rate.

Average price and regional differences

City-wise prices vary by ₹10–50 per gram due to local demand, logistics costs, and dealer margins. Mumbai and Bangalore often trade at a slight premium to inland cities because of port proximity and lower freight costs. Moneycontrol’s 4 June 2026 grid showed Delhi at ₹15,504 per gram for 22K versus Mumbai and Bangalore at ₹15,517.

Will gold prices fall?

Gold’s direction hinges on three levers: US Federal Reserve policy, rupee strength against the dollar, and domestic demand cycles. When the Fed signals rate cuts, gold typically gains because lower opportunity costs make non-yielding assets more attractive. The rupee matters because gold is dollar-denominated internationally—a weaker rupee pushes Indian prices higher even if spot gold stays flat.

Key drivers of gold price: US Fed policy, rupee strength, import duty

India imports nearly all its gold, making international spot prices and import duties critical variables. The 2024 budget reduced import duty from 15% to 6%, providing immediate consumer relief—prices dropped briefly before resuming their upward trajectory. BankBazaar’s historical data shows 24K averaging ₹77,913 per 10 grams in 2024, up from ₹52,670 in 2022.

Expert forecasts for 2025

Analysts tracking the World Gold Council’s demand data point to wedding seasons and central bank purchases as key demand supports. If US rates remain elevated through mid-2025, downward pressure on gold could persist. However, geopolitical tensions and inflation expectations add upside risk that forecasters struggle to quantify.

Comparison: 22K vs 24K gold rates across Indian cities

Three independent sources—Moneycontrol, Economic Times, and Groww—cluster 24K rates around ₹15,400–₹15,700 per gram and 22K around ₹14,300–₹15,500 per gram in early June 2026. City-wise spreads of ₹10–50 per gram reflect local market conditions rather than arbitrage opportunities.

The pattern is clear: major metros cluster tightly because dealers price to competition. Smaller cities may lag by a day or show wider spreads depending on wholesale access.

Historical context: India’s gold price journey

BankBazaar’s multi-decade data traces a remarkable climb. Average 24K prices rose from ₹35,220 per 10 grams in 2019 to ₹52,670 in 2022 and ₹77,913 in 2024. ClearTax notes that 24K gold cost roughly ₹63.25 per 10 grams in 1964—meaning today’s rate represents a roughly 2,500-fold increase over six decades.

The implication: gold has functioned as an inflation hedge that actually worked for Indian investors over long horizons. Short-term corrections occur—often triggered by rupee strengthening or Fed hawkishness—but sustained multi-year declines haven’t materialized in the 21st century data.

Taxes and making charges: What affects the final price

The base gold rate you see online isn’t what you pay. GST adds 3% on the full jewellery value including making charges. Then comes the making charge itself—ranging from 5% for plain items to 25% for bridal collections. A ₹1,50,000 base piece can easily cost ₹1,75,000 by the time these layers stack up.

Vaibhav Jewellers’ rate card shows 3% GST as standard across the industry, with making charges varying by design tier. Gold ETFs and sovereign gold bonds sidestep making charges entirely, making them popular for investors who want exposure without the jewellery markup.

Gold rate in major Indian cities

Moneycontrol’s city table for 4 June 2026 shows 22K gold at ₹15,504 per gram in Delhi and ₹15,517 in Mumbai, Bangalore, and Kolkata. Chennai trades marginally higher at ₹15,520. The ₹13–17 per gram spread across metros is modest but worth noting if you’re buying a large quantity.

The pattern: metropolitan dealers compete fiercely, keeping spreads tight. Heritage markets in smaller cities may quote differently based on wholesale access. Always verify against the online benchmark before negotiating in person.

How to check gold rate online in India

Reliable sources include Moneycontrol (detailed city breakdowns), Economic Times (benchmark rates with tax disclaimers), Groww (daily change data), and Gadgets 360 (bullion-aligned rates). Check multiple sources before buying—discrepancies of ₹20–50 per gram occasionally appear and can affect large purchases.

Most platforms update rates daily, sometimes multiple times daily during volatile periods. The best time to check is early morning before markets open globally, as Indian rates derive from the previous night’s London fix plus rupee positioning.

Indian wedding season and central bank purchases remain key support for gold prices.

— World Gold Council analyst commentary

The duty cut in 2024 provided immediate relief to consumers but did not shift the long-term trajectory.

— Chief Economist, leading Indian bank (financial sector commentary)

For buyers timing a purchase, the interplay between international demand, rupee movement, and domestic wedding calendar creates windows of relative advantage. No one predicts the exact top or bottom, but awareness of these levers helps buyers feel more confident about timing decisions.

For investors considering gold ETFs or sovereign bonds, the 24K benchmark matters more than jewellery rates since these instruments track international spot prices directly. The ₹3,000+ premium for 24K versus 18K in retail jewellery reflects both purity and the making-charge structure that digital products avoid.

For the most accurate and up-to-date figures, including real-time city-wise premiums, check the daily gold rate in India from a trusted financial tracker.

Frequently asked questions