Live 22K & 24K gold prices across 10 cities · Updated: Loading...
The gold price in India is determined by international spot prices (XAU/USD), converted at the daily USD/INR exchange rate, and adjusted for 10.75% import duty + 3% GST. Local city variations arise from state-level taxes, jeweller association rates, and regional demand.
While the base price is the same across India, cities like Chennai and Bangalore typically have slightly higher gold rates due to state-level VAT and higher local demand. Mumbai and Delhi follow IBJA (India Bullion and Jewellers Association) rates closely.
24K gold (999.9 purity) is investment-grade gold — used for coins, bars, and digital gold. 22K gold (916 purity) is the standard for jewellery in India — stronger and more durable. 18K gold is used for designer jewellery with gemstones.
When buying jewellery, take today's 22K rate × weight in grams + making charges (8–25%) + 3% GST on gold + 5% GST on making charges. Use our Gold Calculator for an exact estimate.
Indians living abroad or NRIs track gold prices globally. Check live gold rates in Singapore and Kuwait — updated daily in local currency with INR equivalent.
Many investors compare gold as a safe haven versus IPOs for high-growth potential. Read our detailed guide on Gold vs IPO Investment in 2026 to understand the risk-return tradeoff.