Skip to main content
KmalServico

Gold Market Report

India Gold Market Report

Independently researched coverage of the India gold market, last verified Aug 30, 2026. 24K gold is currently ₹159,829.51 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.

PurityPer gPer oz tPer tolaPer kg
24 karat (999.9)₹13,703.03₹426,212.02₹159,829.51₹13,703,034.80
22 karat (916.7)₹12,562.83₹390,747.64₹146,530.36₹12,562,828.28
21 karat (875)₹11,991.35₹372,972.82₹139,864.81₹11,991,354.58
18 karat (750)₹10,278.30₹319,690.99₹119,884.12₹10,278,303.93
14 karat (583.3)₹7,993.78₹248,634.34₹93,237.88₹7,993,779.58
10 karat (416.7)₹5,710.63₹177,620.31₹66,607.62₹5,710,625.66

Trend

Last 3 months

Per gram · INR

Change
+9.21%
Low
₹12,403.59
High
₹14,392.02

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. That mix means an Indian gold-price page needs to be useful for both occasion-led buyers and people comparing gold as an asset.

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. Because local terminology varies, convert every quote to one unit before comparing prices.

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. That makes purity, weight and the live INR value particularly useful when comparing an occasion purchase with an investment purchase.

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. Together, that typically adds somewhere in the region of 18-20% on top of the underlying metal value by the time a buyer pays for a finished piece, separate from any making charge the jeweller adds.

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

Explore further

Gold terminology for this report

Methodology

How we calculate the price

  • We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.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.