Gold Market Report
India Gold Market Report
Independently researched coverage of the India gold market, last verified Sep 1, 2026. 24K gold is currently ₹156,197.31 per tola.
See the live gold price page for India →Research coverage
4 of 4 research sections published for India.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in INR.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | ₹13,391.63 | ₹416,526.17 | ₹156,197.31 | ₹13,391,627.18 |
| 22 karat (916.7) | ₹12,277.33 | ₹381,867.72 | ₹143,200.40 | ₹12,277,332.37 |
| 21 karat (875) | ₹11,718.85 | ₹364,496.84 | ₹136,686.32 | ₹11,718,845.67 |
| 18 karat (750) | ₹10,044.72 | ₹312,425.87 | ₹117,159.70 | ₹10,044,724.86 |
| 14 karat (583.3) | ₹7,812.12 | ₹242,984.01 | ₹91,119.00 | ₹7,812,117.35 |
| 10 karat (416.7) | ₹5,580.85 | ₹173,583.81 | ₹65,093.93 | ₹5,580,849.13 |
Trend
Last 3 months
Per gram · INR
- Change
- +6.35%
- Low
- ₹12,447.68
- High
- ₹14,443.18
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the India gold market
Gold occupies several roles in India at once: jewellery, gifting, wealth preservation and investment. The World Gold Council reports that weddings and festivals are major drivers of Indian jewellery demand, while recent 2026 research also shows strong investment buying alongside jewellery demand.
Read the full section on the live price page →Market notes
KmalServico’s India page uses tola as its configured primary weight, while also displaying grams and troy ounces. The traditional tola is 11.6638g. Indian gold trade also uses regional terminology: pavan or savaran in parts of the south and bhori in Bengal and Odisha, while grams are used in modern documentation.
Read the full section on the live price page →Buying gold in India
The World Gold Council identifies weddings and festivals as major purchase occasions and specifically highlights Diwali and Akshaya Tritiya. Its 2026 India reporting also says wedding and festive buying is expected to support jewellery demand, while investment demand remains important.
Read the full section on the live price page →Tax & duty notes
Landed gold carries a 15% import duty in India -- a 10% Basic Customs Duty plus a 5% Agriculture Infrastructure Cess -- before a further 3% GST is added at the point of retail sale.
Read the full section on the live price page →Sources
What the India research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Poonawalla Fincorp — How Gold Import Duty Affects Gold Prices in India
Supports: India's 10% Basic Customs Duty + 5% Agriculture Infrastructure Cess + 3% GST structure on landed gold
Checked Sep 1, 2026
Related markets
More gold markets in Asia
India's immediate sub-region doesn't list enough markets on its own, so this also includes other Asia countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.