Gold Price Today In India
1 USD = 85.831857 INR
This base import price per gram excludes all Indian taxes and additional charges.
Live Gold Rates
Purity-wise Rates
| Unit | 24K 99.9% | 22K 91.6% | 18K 75% |
|---|---|---|---|
| Per Ounce | - | - | - |
| Per Gram | - | - | - |
| Per Tola | - | - | - |
| Per 10g | - | - | - |
Gold Price Calculator
Welcome to Gold Price Today, your go-to source for the latest gold rates today. Our platform provides live updates on gold prices, allowing you to track real-time fluctuations in gold rates. Whether you are an investor, jeweller, or simply someone looking to make an informed decision, we make it easy to stay up-to-date on the gold price today. Live Gold Prices: Check the real-time gold rate today. Price Comparison: Compare the prices of 22K, 24K and 18K gold.
We are dedicated to providing accurate and up-to-date information on gold rates today. Our mission is to empower individuals and businesses by offering reliable gold pricing data from trusted sources.
How Gold Prices Are Calculated in India
Understanding gold pricing in India requires knowledge of international markets, currency exchange, and local taxes. This guide explains the complete calculation process from global rates to final retail prices using example market values.
1. International Gold Rate
Example:
Gold trades globally in US dollars per troy ounce (XAU), with prices fluctuating based on:
- Market demand: Jewelry, industrial use, and central bank purchases
- Economic factors: Inflation, interest rates, and currency values
- Geopolitical events: Global conflicts and trade policies
2. Conversion to Indian Rupees
As India imports most gold, the USD price converts to INR:
Example: Conversion Calculation
This is the rupee value before any Indian taxes or charges.
3. Calculating Price per Gram
Converting from ounces to grams (1 troy oz = 31.1035g):
4. Additional Costs in India
Customs Duty (10%)
The Indian government charges 10% import duty on gold:
GST (3%)
A 3% Goods and Services Tax applies to the final value:
Making Charges (5-20%)
Jewelry carries additional making charges:
- Basic designs: 5-10% of gold value (₹490-₹981 per gram)
- Complex jewelry: 10-20% of gold value (₹981-₹1,961 per gram)
5. Purity Adjustments
Common purity standards and their adjustments:
Current Purity Values (Based on ₹10,102.19 24K rate)
6. Complete Calculation Example
For 10 grams of 22K gold jewelry with 10% making charges:
7. Why Prices Vary
Gold prices differ due to several factors:
- Market fluctuations: Prices update constantly throughout the day
- Location: Local taxes and transport costs vary by city
- Product type: Bars/coins have lower premiums than jewelry
- Brand value: Established jewelers command higher prices
- Seasonal demand: Prices rise during festivals and weddings
Note: These calculations use approximate market values ($3,233.89/oz and ₹85.746557 USD/INR) for illustration. Prices change frequently based on market conditions.
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