24 carat gold in India signifies 99.9% purity and is mainly used for coins and bars. 22 carat gold, at 91.67% purity (alloyed with metals like silver and nickel), is more durable and preferred for jewellery. Today’s gold rates are ₹84,700 per 10 grams for 24 carat and ₹77,580 for 22 carat, reflecting current market trends. Understanding the difference between 24K and 22K is key to informed gold purchases.
24 Carat Gold Price in India Today
This table shows 24 carat gold prices per gram, 8 grams, 10 grams, and 100 grams, including daily price changes.
| Gram | 24K Gold Price | Daily Price Change |
|---|---|---|
| 1 gram | ₹ 8,470 | ₹ 0 |
| 8 grams | ₹ 67,760 | ₹ 0 |
| 10 grams | ₹ 84,700 | ₹ 0 |
| 100 grams | ₹ 8,47,000 | ₹ 0 |
22 Carat Gold Price in India Today
Here’s a breakdown of today’s 22 carat gold prices in India by weight, including daily price fluctuations.
| Gram | 22K Gold Price | Daily Price Change |
|---|---|---|
| 1 gram | ₹ 7,758 | ₹ 0 |
| 8 grams | ₹ 62,064 | ₹ 0 |
| 10 grams | ₹ 77,580 | ₹ 0 |
| 100 grams | ₹ 7,75,800 | ₹ 0 |
Daily Gold Rate in India (Last 15 Days)
This table shows the daily fluctuations in 24K and 22K gold prices over the past 15 days.
| Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
|---|---|---|---|
| 09 February 2025 | ₹ 84,700 | ₹ 77,580 | 0% |
| 08 February 2025 | ₹ 84,700 | ₹ 77,580 | 0% |
| 07 February 2025 | ₹ 84,700 | ₹ 77,580 | +0.09% |
| 06 February 2025 | ₹ 84,610 | ₹ 77,510 | -0.05% |
| 05 February 2025 | ₹ 84,660 | ₹ 77,550 | +1.99% |
| 04 February 2025 | ₹ 83,010 | ₹ 76,040 | +0.37% |
| 03 February 2025 | ₹ 82,700 | ₹ 75,760 | +0.76% |
| 02 February 2025 | ₹ 82,090 | ₹ 75,190 | 0% |
| 01 February 2025 | ₹ 82,090 | ₹ 75,190 | 0% |
| 31 January 2025 | ₹ 82,090 | ₹ 75,190 | +0.97% |
| 30 January 2025 | ₹ 81,300 | ₹ 74,470 | +0.40% |
| 29 January 2025 | ₹ 80,980 | ₹ 74,170 | +0.82% |
| 28 January 2025 | ₹ 80,310 | ₹ 73,570 | -0.10% |
| 27 January 2025 | ₹ 80,400 | ₹ 73,640 | +0.05% |
| 26 January 2025 | ₹ 80,350 | ₹ 73,600 | 0% |
Gold Price Today in Major Indian Cities
Gold prices vary across Indian cities due to local demand, taxes, and transport costs. This table shows 24K and 22K gold prices in major cities. Consult your local jeweller for exact pricing, as making charges and GST/TCS are not included.
| City | 24 Carat Gold Rate (10 grams) | 22 Carat Gold Rate (10 grams) |
|---|---|---|
| Ahmedabad | ₹ 86,560 | ₹ 79,350 |
| Amritsar | ₹ 86,660 | ₹ 79,450 |
| Bangalore | ₹ 86,560 | ₹ 79,350 |
| Bhopal | ₹ 86,560 | ₹ 79,350 |
| Bhubaneswar | ₹ 86,510 | ₹ 79,300 |
| Chandigarh | ₹ 86,660 | ₹ 79,450 |
| Chennai | ₹ 86,660 | ₹ 79,450 |
| Coimbatore | ₹ 86,510 | ₹ 79,300 |
| Delhi | ₹ 86,660 | ₹ 79,450 |
| Faridabad | ₹ 86,660 | ₹ 79,450 |
| Gurgaon | ₹ 86,660 | ₹ 79,450 |
| Hyderabad | ₹ 86,510 | ₹ 79,300 |
| Jaipur | ₹ 86,660 | ₹ 79,450 |
| Kanpur | ₹ 86,660 | ₹ 79,450 |
| Kerala | ₹ 86,510 | ₹ 79,300 |
| Kochi | ₹ 86,510 | ₹ 79,300 |
| Kolkata | ₹ 86,510 | ₹ 79,300 |
| Lucknow | ₹ 86,660 | ₹ 79,450 |
| Madurai | ₹ 86,510 | ₹ 79,300 |
| Mangalore | ₹ 86,510 | ₹ 79,300 |
| Meerut | ₹ 86,660 | ₹ 79,450 |
| Mumbai | ₹ 86,510 | ₹ 79,300 |
| Mysore | ₹ 86,510 | ₹ 79,300 |
| Nagpur | ₹ 86,510 | ₹ 79,300 |
| Nashik | ₹ 86,540 | ₹ 79,330 |
| Patna | ₹ 86,560 | ₹ 79,350 |
| Pune | ₹ 86,510 | ₹ 79,300 |
| Surat | ₹ 86,560 | ₹ 79,350 |
| Vadodara | ₹ 86,560 | ₹ 79,350 |
| Vijayawada | ₹ 86,510 | ₹ 79,300 |
| Visakhapatnam | ₹ 86,510 | ₹ 79,300 |
Understanding the factors influencing gold prices, such as demand and supply, inflation, interest rates, monsoon seasons, government reserves, currency fluctuations, correlation with other assets, and geopolitical events, is crucial for making informed investment decisions.
Understanding Gold Prices in India
Gold price fluctuations are influenced by various factors, including demand and supply economics, inflation hedging, interest rates, monsoon seasons affecting agricultural income and gold purchases, government gold reserves, currency exchange rate volatility, its correlation with other assets, geopolitical uncertainties, and local taxes.
Factors Affecting Gold Price in India
Demand and supply are fundamental economic principles impacting gold prices. High demand and limited supply often lead to price increases. Conversely, oversupply and weak demand can lower prices. Inflation erodes purchasing power, leading people to buy gold as a hedge, thus increasing demand and prices. Gold and interest rates generally have an inverse relationship. Rising interest rates can encourage selling gold for higher returns, while falling rates can make gold more attractive.
A good monsoon season boosts rural incomes, leading to higher gold demand during festivals and weddings. The Reserve Bank of India’s gold reserves influence market supply; low supply relative to demand can increase prices. Fluctuations in the Indian Rupee against the US dollar (the currency of international gold trade) affect import costs; a weaker rupee makes gold imports more expensive.
Gold’s negative correlation with other major asset classes makes it a valuable portfolio diversifier, providing stability during market volatility. Geopolitical instability often increases gold’s appeal as a safe haven asset, driving up demand and price. Local taxes also contribute to the final gold price, along with making charges for jewellery, which vary based on design intricacy.
Guide to Buying Gold in India
Navigating the gold market requires careful consideration. Purity, measured in karats (24K being purest), significantly impacts price. Gold comes in various forms – coins, bars, and jewellery – each with different investment implications. Hallmarking, certified by the Bureau of Indian Standards (BIS), guarantees purity and legality. Understand the per-gram cost, buy-back terms, making charges (for production and design), and compare physical gold with Gold ETFs and Sovereign Gold Bonds before buying.
| Physical Gold | Gold ETFs | Sovereign Gold Bonds | |
|---|---|---|---|
| Storage | Requires secure storage | Electronic, no physical storage | Electronic, no physical storage |
| Interest | No interest earned | No interest earned | Earns fixed interest |
| Tax | Wealth tax above a certain value | Taxed as per capital gains rules | Tax benefits on long-term holdings |
This table summarizes key differences between gold investment options, helping you choose based on your needs. Factors like storage, interest, and taxes vary significantly. Consult a financial advisor for personalised advice.