India is one of the world's largest consumers of gold. Prices are influenced by the Indian Bullion and Jewellers Association (IBJA), local tax structures like GST (3% on purchase), and import duties. The gold "tola" is equivalent to exactly 11.664 grams, widely used in local bullion dealer circles.
Gold Rate Today in India (INR) - Live 24K & 22K BIS Hallmark Rates
Keep track of live gold prices today in India with our professional gold price crawler. Discover accurate, live rates across metropolitan hubs like Mumbai, Delhi, Chennai, and Kolkata. Gold holds historical significance in Indian culture, representing Goddess Lakshmi during festivals like Dhanteras, Akshaya Tritiya, and major wedding seasons.
Indian gold valuations depend heavily on global spot prices and USD-INR rupee currency fluxes. Because India imports the vast majority of its gold supply, custom duty updates introduced in Union Budgets heavily affect retail rates. Local price adjustments also include making charges, which vary based on custom craft complexity.
To protect yourself against adulteration, the Indian Government mandates BIS hallmarked jewelry. This ensures you know exactly how much fine gold is inside your purchase, whether 24 Karat, 22 Karat, or 18 Karat, allowing you to maximize value during resale or gold loan procedures.
FAQ — India
What is the GST rate on buying gold in India?
A Goods and Services Tax (GST) of 3% is applicable on the value of gold purchased, with an additional 5% applied on making charges.
What is a 1 tola gold rate in India?
A tola is a traditional Indian unit of measurement. 1 tola is equal to 11.664 grams. Local jewellers often quote rates per 10 grams as a modern national standard.
What is Hallmark gold?
Hallmark gold is certified for its purity by the Bureau of Indian Standards (BIS). Look for the 6-digit HUID code, the BIS logo, and the purity symbol (such as 916 for 22K) when purchasing.
