Gold Price in India Today

Live gold rates in Indian Rupees (₹) with import duty and GST calculations

Saturday, 24 January 2026

Traditional Indian gold jewelry and ornaments

Gold Price in India - Complete Guide

India is the world's second-largest consumer of gold. Gold prices in India include international spot prices, import duties (6%), and GST (3%). Our calculator automatically applies these to give you accurate retail prices.

Why Gold Prices Differ Across Indian Cities

Gold rates vary slightly between cities like Chennai, Delhi, Mumbai, Bangalore, and Kolkata due to:

  • Transportation costs: Distance from import points
  • Local taxes: State-level variations
  • Demand: Higher in South India during wedding seasons
  • Jeweler associations: IBJA sets benchmark rates

Gold Price Components in India

ComponentPercentageDescription
International Spot PriceBaseLBMA gold price in USD converted to INR
Import Duty6%Basic Customs Duty (reduced in Budget 2024)
GST3%Goods and Services Tax on gold
Making Charges8-25%Labor cost for jewelry (varies by design)
Gold jewelry shopping in India

Best Time to Buy Gold in India

  • Akshaya Tritiya: Considered auspicious, but prices may be higher
  • Dhanteras: High demand during Diwali season
  • Off-season: June-July typically sees lower demand and prices
  • Market dips: Watch for international market corrections

Gold Rates in Major Indian Cities

Our calculator shows rates applicable across India. City-wise variations are typically within ₹50-100 per gram.

ChennaiDelhiMumbaiBangaloreKolkataHyderabadPuneAhmedabad

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