916 gold means 22 Karat gold with 91.6% purity. It is the BIS hallmark standard for gold jewellery in India. The remaining 8.4% consists of metals like copper and silver for added strength and durability.

What is the best way to invest in gold in India?

Top gold investment options: 1) Sovereign Gold Bonds (SGBs) — government-backed, tax-free, 2.5% annual interest + gold price gains, 2) Gold ETFs for active traders, 3) Digital Gold — buy from ₹1 via Google Pay, PhonePe, 4) Gold Mutual Funds — invest via SIP.

Gold Rate Today in India — 24K, 22K & 18K Price per Gram

Q: Did gold price go up or down today?

Gold price increased by ₹16 per gram today. 24K is now ₹14,994/gram, 22K is ₹13,740/gram, and 18K is ₹11,242/gram.

Q: What is today's gold rate in India?

Today's gold rate in India is ₹14,994/gram for 24K, ₹13,740/gram for 22K, and ₹11,242/gram for 18K gold. These are indicative daily reference rates published by our editorial team based on publicly available bullion market data. They may differ slightly from your local jeweller's quote.

Q: What is the difference between 22K and 24K gold?

24K gold is 99.9% pure (999 purity), ideal for investment — coins, bars, and SGBs. 22K gold is 91.6% pure (916 purity), the standard for Indian jewellery. 18K gold is 75% pure (750 purity), used for diamond and stone-studded jewellery.

Q: How is gold rate calculated in India?

Indian gold rate = International spot price (USD/ounce) × USD/INR exchange rate ÷ 31.1035 (troy ounce to gram) + Import duty (~15%) + GST (3%) + local premium. Industry bodies such as the India Bullion and Jewellers Association (IBJA) publish a daily benchmark rate that jewellers broadly follow.

Q: Is gold rate same in all cities in India?

Largely yes. Gold rates across India follow a single national benchmark (broadly aligned with IBJA's daily rate). Minor ₹0-50 per gram variations may exist across cities due to local taxes, transportation costs, and dealer margins.

24K GOLD (999)

₹14,994/ 1 Gram

▲ 16

99.9% Purity

22K GOLD (916)POPULAR

₹13,740/ 1 Gram

▲ 15

Hallmark

18K GOLD (750)

₹11,242/ 1 Gram

▲ 12

75.0% Purity

1 SOVEREIGN (PAVAN)

₹1,09,920

Total 8 Grams

▲ 120

Rates on: 7 August 2026

🔍 Choose Date:

Live Gold Jewelry Value Calculator

Gold Purity:

Gold Weight (Grams):

Making Charges:12%

Include 3% GST (Standard tax)

💰 Calculation Breakdown

Gold Value (10g @ 22K):₹1,37,400

Making Charges (12%):₹16,488

GST (3%):₹4,616.64

TOTAL ESTIMATED PRICE (INCL. TAXES)

₹1,58,504.64

* Estimate based on live 22K gold rate of ₹13,740/g.

Today vs Yesterday

+16+0.11%

Weekly Price Change

+568+3.94%

Monthly Price Change

+545+3.77%

📈 Why Did Gold Price Rise Today?

Today gold rate increased by ₹15 per gram for 22K gold on 07 August 2026 (Friday). The rise in gold rate today was modest compared with Thursday's sharp move, but it came against a stronger global bullion backdrop. International gold prices were rising by more than 1% on Friday and were heading for their strongest weekly performance since January, with investors focusing on weaker US employment signals, lower oil prices and the outlook for Federal Reserve interest rates. A major factor supporting today gold rate is the latest shift in expectations around the US labour market and monetary policy. Recent employment-related data have increased market attention on the possibility of a more accommodative Federal Reserve stance. When expectations for lower interest rates increase, the opportunity cost of holding non-yielding gold falls, which can encourage investment demand. This has helped international bullion prices extend their weekly recovery. Another factor behind the strength in gold rate today is the decline in oil prices. Lower crude prices can reduce concerns about an additional inflation shock, which in turn can influence expectations for future US interest rates. At the same time, geopolitical uncertainty continues to provide some safe-haven support for gold. Reuters reported that gold was heading for its biggest weekly gain since January as investors weighed the latest US economic signals and the Federal Reserve's future policy direction. The Indian market's 22K gold price today therefore moved higher even though the increase was only ₹15 per gram. Domestic gold prices do not depend solely on the international dollar-denominated gold price; the USD/INR exchange rate, import-related costs, taxes and local bullion-market pricing also affect the final Indian rate. This means a strong global gold rally does not necessarily translate into an equally large daily increase in the Indian 22K rate. Gold rate today is also being influenced by the broader change in investor positioning after gold's recovery during the week. International bullion has moved sharply higher from its recent lows, but traders remain sensitive to US employment figures, Treasury yields and the dollar. A continuation of weaker US economic data could strengthen expectations of easier monetary policy and provide additional support to gold, while stronger data could encourage profit-taking. Will gold price increase tomorrow? The short-term direction will depend largely on the next US economic signals, movements in the US Dollar Index, Treasury yields, oil prices and geopolitical developments. After this week's strong international rally, some profit-taking cannot be ruled out, so a higher global gold price does not guarantee another increase in India's 22K rate. For readers searching for today gold rate, gold rate today, why gold price increased today, 22K gold price today, 24K gold rate today, gold rate tomorrow prediction, gold price forecast 2026, gold price prediction this week, and will gold price increase tomorrow, the key factors to watch are Federal Reserve expectations, US employment data, the dollar, Treasury yields, crude oil and geopolitical risk. These factors are currently more important for determining the next major move in gold than day-to-day changes in local jewellery demand.

— Editorial Analysis by WealthMinty Research Desk • 7 August 2026

📈 Gold Price Trend

💎 Gold Price by Weight

Weight Unit	24K Pure (999)	22K standard (916)	18K design (750)
1g	₹14,994	₹13,740	₹11,242
2g	₹29,988	₹27,480	₹22,484
5g	₹74,970	₹68,700	₹56,210
8g ⭐ (1 Pavan)	₹1,19,952	₹1,09,920	₹89,936
10g	₹1,49,940	₹1,37,400	₹1,12,420
50g	₹7,49,700	₹6,87,000	₹5,62,100
100g	₹14,99,400	₹13,74,000	₹11,24,200

📊 Gold Rate History in India (Last 1 Month)

Date	24K (999) per gram	22K (916) per gram	18K (750) per gram
9 Jul 2026	₹14,449	₹13,240	₹10,840
10 Jul 2026	₹14,487	₹13,275	₹10,868
11 Jul 2026	₹14,438	₹13,230	₹10,832
12 Jul 2026	₹14,438	₹13,230	₹10,832
13 Jul 2026	₹14,296	₹13,100	₹10,725
14 Jul 2026	₹14,285	₹13,090	₹10,717
15 Jul 2026	₹14,361	₹13,160	₹10,767
16 Jul 2026	₹14,334	₹13,135	₹10,747
17 Jul 2026	₹14,258	₹13,065	₹10,690
18 Jul 2026	₹14,334	₹13,135	₹10,747
19 Jul 2026	₹14,334	₹13,135	₹10,747
20 Jul 2026	₹14,350	₹13,150	₹10,759
21 Jul 2026	₹14,427	₹13,220	₹10,816
22 Jul 2026	₹14,656	₹13,430	₹10,988
23 Jul 2026	₹14,733	₹13,500	₹11,045
24 Jul 2026	₹14,438	₹13,230	₹10,825
25 Jul 2026	₹14,498	₹13,285	₹10,870
26 Jul 2026	₹14,498	₹13,285	₹10,870
27 Jul 2026	₹14,590	₹13,370	₹10,939
28 Jul 2026	₹14,422	₹13,215	₹10,812
29 Jul 2026	₹14,356	₹13,155	₹10,763
30 Jul 2026	₹14,438	₹13,230	₹10,825
31 Jul 2026	₹14,465	₹13,255	₹10,845
1 Aug 2026	₹14,426	₹13,220	₹10,816
2 Aug 2026	₹14,426	₹13,220	₹10,816
3 Aug 2026	₹14,426	₹13,220	₹10,816
4 Aug 2026	₹14,405	₹13,200	₹10,800
5 Aug 2026	₹14,580	₹13,360	₹10,931
6 Aug 2026	₹14,978	₹13,725	₹11,230
7 Aug 2026	₹14,994	₹13,740	₹11,242

🔍

📍 Gold Rate in Major Indian Cities

Gold prices vary slightly across Indian cities due to local taxes, transportation costs, and dealer margins. Below is a detailed look at gold rates in the top 10 cities.

■ Gold Rate in Trivandrum Today

Trivandrum (Thiruvananthapuram), the capital of Kerala, is a major gold market in South India. Today's 22K gold rate in Trivandrum is ₹13,740/gram and 24K is ₹14,994/gram. Gold plays a central role in Kerala weddings and festivals like Onam, making Trivandrum one of the highest gold-consuming cities in India.

View full Trivandrum gold rate table →

■ Gold Rate in Kochi Today

Kochi (Cochin) is the commercial hub of Kerala and home to major jewellery chains like Malabar Gold, Jos Alukkas, and Bhima. Today's 22K gold rate in Kochi is ₹13,740/gram and 24K is ₹14,994/gram. The city's gold market is one of the busiest in South India, especially during wedding and festival seasons.

View full Kochi gold rate table →

■ Gold Rate in Thrissur Today

Thrissur is known as the "Gold Capital of India" — home to India's largest gold jewellery manufacturers and exporters. Today's 22K gold rate in Thrissur is ₹13,740/gram and 24K is ₹14,994/gram. Major jewellers like Kalyan Jewellers, Joyalukkas, and Chemmanur Gold originated here.

View full Thrissur gold rate table →

■ Gold Rate in Chennai Today

Chennai is one of India's largest gold markets and the hub for Tamil Nadu's gold trade. Today's 22K gold rate in Chennai is ₹13,740/gram and 24K is ₹14,994/gram. Tamil Nadu has the second-highest gold consumption in India, with festivals like Pongal and Akshaya Tritiya driving massive demand.

■ Gold Rate in Bangalore Today

Bangalore (Bengaluru), India's tech capital, has a thriving gold market with both traditional jewellers and modern chains. Today's 22K gold rate in Bangalore is ₹13,740/gram and 24K is ₹14,994/gram. The city's affluent IT workforce has driven strong demand for gold as both jewellery and investment.

■ Gold Rate in Mumbai Today

Mumbai is India's financial capital and the country's largest gold trading hub. Today's 22K gold rate in Mumbai is ₹13,740/gram and 24K is ₹14,994/gram. Zaveri Bazaar in Mumbai is the largest gold market in India, where bulk gold trading and price discovery happen daily.

■ Gold Rate in Delhi Today

Delhi, India's capital, is the largest gold market in North India. Today's 22K gold rate in Delhi is ₹13,740/gram and 24K is ₹14,994/gram. Karol Bagh and Dariba Kalan in Old Delhi are famous gold jewellery markets, and festivals like Dhanteras and Diwali see record gold purchases.

■ Gold Rate in Kolkata Today

Kolkata is the gold jewellery hub of Eastern India, famous for its intricate Bengal gold designs. Today's 22K gold rate in Kolkata is ₹13,740/gram and 24K is ₹14,994/gram. The city is renowned for lightweight, intricately crafted gold jewellery, especially during Durga Puja and Dhanteras.

■ Gold Rate in Hyderabad Today

Hyderabad is a major gold market in South India known for its Nizami jewellery traditions. Today's 22K gold rate in Hyderabad is ₹13,740/gram and 24K is ₹14,994/gram. The city blends Mughal and South Indian jewellery styles, with major chains like GRT, Manepally, and Malabar Gold having a strong presence.

■ Gold Rate in Ahmedabad Today

Ahmedabad is the commercial capital of Gujarat and a significant gold market in Western India. Today's 22K gold rate in Ahmedabad is ₹13,740/gram and 24K is ₹14,994/gram. Gujarat is among the top gold-consuming states, especially during Dhanteras and wedding season.

Gold Rate Today in India — Complete Guide (7 August 2026)

Gold prices in India are influenced by international market rates, the USD/INR exchange rate, import duties, and local demand. India is the world's second-largest consumer of gold, with Kerala, Tamil Nadu, and Karnataka being the top consuming states. Today's gold rate stands at ₹14,994/gram (24K) and ₹13,740/gram (22K). 22K gold price has increased by ₹15 compared to yesterday.

What is Today's Gold Price per Gram?

As of 7 August 2026, the gold price per gram in India is ₹14,994 for 24 Karat (999 purity), ₹13,740 for 22 Karat (916 purity), and ₹11,242 for 18 Karat (750 purity). 1 Pavan (8 grams) of 22K gold costs ₹1,09,920 in Kerala today. 10 grams of 24K gold costs ₹1,49,940 and 10 grams of 22K gold costs ₹1,37,400.

Gold Purity Comparison — 24K vs 22K vs 18K vs 14K

Purity	Karat	Gold %	Rate/gram	Best For
999	24K	99.9%	₹14,994	Investment, Coins, Bars
916	22K	91.6%	₹13,740	Jewellery (Standard)
750	18K	75.0%	₹11,242	Diamond Jewellery
585	14K	58.5%	₹8,771	Fashion Jewellery

Factors Affecting Gold Price in India

International Gold Prices: The London Bullion Market Association (LBMA) sets the benchmark. Indian prices follow global trends.
USD/INR Exchange Rate: A weaker rupee makes gold more expensive in India. Gold is imported in US dollars.
Import Duty: India imports 800+ tonnes of gold annually. Current import duty is ~15%, directly impacting retail prices.
GST: 3% GST is levied on gold purchases in India (both jewellery and coins).
Demand & Supply: Wedding season and festivals like Dhanteras, Akshaya Tritiya, Onam drive up demand.
Central Bank Policies: RBI's gold reserves (currently ~800+ tonnes) and monetary policy influence demand.
Geopolitical Tensions: Wars, trade conflicts push investors towards gold as a safe haven.
Inflation: Rising inflation increases gold demand as a hedge — gold typically beats inflation over 10+ years.

22K vs 24K Gold — What's the Difference?

24 Karat (999 purity)is 99.9% pure gold. It's softer and used mainly for gold coins, bars, and digital gold investment. 22 Karat (916 purity)is 91.6% gold mixed with copper, silver, or zinc for strength. It's the standard for jewellery in India. 18 Karat (750 purity) is used for diamond and fashion jewellery due to its extra durability and lighter color. The price difference between 24K and 22K is ₹1,254/gram today.

Tax on Gold in India (2026)

GST: 3% on gold jewellery, coins, and bars
Making Charges GST: 5% on making/labour charges
Capital Gains Tax: Short-term (below 3 years) — taxed at your income tax slab. Long-term (3+ years) — 20% with indexation
TDS: 1% TDS on gold purchases above ₹10 lakh per year
SGBs Tax Benefit: Capital gains from Sovereign Gold Bonds are TAX FREE if held till maturity (8 years)

How to Invest in Gold in India (2026)

Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + gold price appreciation. Tax-free on maturity. Best for long-term investors.
Gold ETFs: Trade on stock exchange like shares. Low cost, high liquidity. Top picks: Nippon Gold ETF, SBI Gold ETF, HDFC Gold ETF.
Digital Gold: Buy gold online from ₹1 via Google Pay, PhonePe, Paytm. Gold is stored in insured vaults.
Gold Mutual Funds: Invest in gold through SIP — ideal for beginners. Top pick: SBI Gold Fund, Axis Gold Fund.
Physical Gold: Coins, bars, and jewellery from trusted dealers like Tanishq, Malabar Gold, Joyalukkas, Kalyan Jewellers.

Gold Loan — Use Your Gold to Get Instant Cash

Gold loans are one of the fastest ways to get cash against your gold jewellery. Banks and NBFCs offer gold loans at interest rates of 7-12% per annum, with loan-to-value (LTV) ratio up to 75%. Major gold loan providers: Muthoot Finance, Manappuram Gold Loan, SBI, HDFC Bank, Federal Bank. With today's 22K rate at ₹13,740/gram, 10 grams of gold can fetch a loan of approximately ₹1,03,050.

Gold Measurement Units in India

Gold is measured in different units across India. 1 Sovereign/Pavan = 8 grams of 22K gold = ₹1,09,920 — commonly used in Kerala and South India. 1 Tola = 11.66 grams of 24K gold = ₹1,74,830 — traditionally used in North India. Half Sovereign (4 grams) = ₹54,960. Standard weights used for trading: 1 gram, 8 grams (1 Sovereign), 10 grams, and 100 grams.

What is 916 Gold? (BIS Hallmark)

916 gold refers to 22 Karat gold with 91.6% purity. It is the BIS hallmark standard for gold jewellery in India. Since January 2022, hallmarking with HUID (Hallmark Unique Identification) is mandatory for gold jewellery sold in India. Always buy hallmarked 916 gold to ensure purity and value. HUID can be verified at the BIS website. Read our complete What is 916 Gold? guide and the BIS Hallmark & HUID verification guide.

Gold Rate Prediction — Will Gold Price Increase or Decrease?

Gold prices are expected to remain elevated in 2026 due to global economic uncertainty, geopolitical tensions, central bank buying, and inflation concerns. Analysts predict gold could reach ₹17,000-18,000/gram (24K) by end of 2026. However, short-term corrections are possible. For long-term investors, systematic buying through SGBs or Gold ETFs is recommended.

📚 Essential Gold Investment Guides

Read our expert guides to understand gold pricing, tax rules, and smart investment strategies.

🥇

What is 999 Gold? 24K Pure Gold Meaning & Price

999 gold means 24K — 99.9% pure gold. Learn the 999 hallmark meaning, why it is too soft for jewellery but ideal for coins, bars & SGB, and how to verify purity.

Read full guide ➔

🥇

What is 916 Gold? 22K Hallmark Meaning & Price

916 gold means 22K — 91.6% pure gold with 8.4% alloy. Learn the 916 hallmark meaning, how to verify it with BIS HUID, price vs 24K, and why it is the standard for jewellery in India.

Read full guide ➔

💎

What is 18K Gold? 750 Hallmark Price & Use

18K gold means 75% pure gold + 25% alloy (BIS hallmark 750). Learn why 18K is the standard for diamond & studded jewellery, price vs 22K/24K, colour variants and how to verify it.

Read full guide ➔

📈

Gold Price Forecast 2026: Will Prices Increase or Decrease?

Expert analysis and predictions for gold prices in India. Understand global factors, inflation, and if it is the right time to invest.

Read full guide ➔

⚖️

22K (916) vs 24K Gold: Which One Should You Buy?

A complete guide on the difference between 22K and 24K gold. Learn which is better for jewellery and which is best for investment.

Read full guide ➔

🧮

How to Calculate Gold Jewellery Price (GST & Making Charges)

Do not get cheated at the jewellery store. Learn exactly how to calculate the final price of gold jewellery including making charges and 3% GST.

Read full guide ➔

🏛️

Sovereign Gold Bonds (SGB) vs Physical Gold

Why buying digital gold or SGBs might be a better investment than physical gold. Compare returns, safety, and tax benefits.

Read full guide ➔

💸

Gold Loan vs Personal Loan: Which is Better?

Need cash urgently? Discover why taking a gold loan is faster, cheaper, and has lower interest rates compared to a standard personal loan.

Read full guide ➔

🔍

What is HUID? How to Check BIS Hallmark Gold Purity

Always verify the purity of your gold. Learn how to use the BIS Care App and the 6-digit HUID code to check if your gold is truly 916 hallmarked.

Read full guide ➔

❓ Frequently Asked Questions

▸ Did gold price go up or down today?

Gold price increased by ₹16 per gram today (7 August 2026). 24K is now ₹14,994/gram, 22K is ₹13,740/gram, and 18K is ₹11,242/gram.

▸ What is today's gold rate in India?

Today's gold rate in India (7 August 2026) is ₹14,994/gram for 24K, ₹13,740/gram for 22K, and ₹11,242/gram for 18K gold. These are indicative daily reference rates published by our editorial team based on publicly available bullion market data (broadly tracking IBJA, MCX and LBMA benchmarks). They may differ slightly from your local jeweller's quote.

▸ Why did gold price rise today?

▸ What is the 22K gold rate today?

22K (916 hallmark) gold rate today is ₹13,740 per gram. 10 grams costs ₹1,37,400. 1 Sovereign/Pavan (8 grams) = ₹1,09,920. This is the standard purity for gold jewellery in India.

▸ What is the 18K gold rate today?

18K (750 purity) gold rate today is ₹11,242 per gram. 18K gold is commonly used for diamond and stone-studded jewellery due to its higher strength. What is 18K gold? →

▸ What is the gold rate for 10 grams?▼

10 grams of 24K gold = ₹1,49,940. 10 grams of 22K gold = ₹1,37,400. 10 grams of 18K gold = ₹1,12,420.

▸ What is 916 gold?▼

916 gold means 22 Karat with 91.6% purity. It's the BIS hallmark standard for Indian jewellery. The remaining 8.4% consists of metals like copper and silver for added strength. Full 916 gold guide → or learn how to verify BIS hallmark →

▸ What is the difference between 22K and 24K gold?▼

24K (999) is 99.9% pure, ideal for investment (coins, bars, SGBs) — read our 999 gold guide. 22K (916) is 91.6% pure, the standard for Indian jewellery — 916 gold guide. 18K (750) is 75% pure, used for diamond jewellery — 18K gold guide. For the full comparison, see 22K vs 24K →

▸ How is gold rate calculated in India?▼

International spot price (USD/ounce) × USD/INR rate ÷ 31.1035 + Import duty (~15%) + GST (3%) + local premium. Industry bodies such as the India Bullion and Jewellers Association (IBJA) publish a daily benchmark rate that jewellers broadly follow. Learn to calculate gold jewellery price →

▸ Is gold rate same in all cities in India?▼

Largely yes. Gold rates across India broadly follow a single national benchmark (aligned with IBJA's daily published rate). Minor ₹0-50 per gram variations may exist across cities due to local taxes, transportation costs, and dealer margins.

▸ What factors affect gold prices in India?▼

International prices (LBMA London), USD/INR exchange rate, import duty (15%), GST (3%), RBI policies, festival demand (Dhanteras, Akshaya Tritiya), and geopolitical tensions. Read 2026 gold price forecast →

▸ How to check gold purity?▼

Check BIS hallmark (916/750/585) and HUID number on the jewellery. Verify HUID at the BIS website or scan the QR code. Since January 2022, hallmarking with HUID is mandatory in India. Full HUID verification guide →

▸ What is making charge on gold jewellery?▼

Making charges range from 3-25% of gold value. Plain bangles: 3-8%. Intricate temple jewellery: 15-25%. GST of 5% is levied on making charges separately. Full making charge guide →

▸ What is the best way to invest in gold?▼

Sovereign Gold Bonds (SGBs) — government-backed, tax-free, 2.5% annual interest. Gold ETFs for active traders. Digital Gold from ₹1 via Google Pay, PhonePe. Gold Mutual Funds via SIP.

▸ Can I get a loan against gold?▼

Yes. Banks/NBFCs offer 7-12% interest with 75% LTV ratio. 10g of 22K gold (₹1,37,400) can get ~₹1,03,050 loan. Major providers: SBI, Muthoot, Manappuram, Federal Bank. Gold Loan vs Personal Loan →

▸ When is the best time to buy gold?▼

Gold prices typically dip during off-seasons (Jan-Feb, Jul-Aug). Festivals like Akshaya Tritiya and Dhanteras are considered auspicious. For investment, systematic buying through SGBs or Gold ETF SIPs is recommended. See gold price trend analysis →

▸ Is gold a good investment in 2026?▼

Gold has delivered 12-15% annual returns over the past 10 years. In 2026, prices remain strong due to global uncertainty, inflation hedging, and central bank buying. Current rate: ₹14,994/gram (24K). Read full 2026 forecast →

▸ Where can I find accurate gold rate daily?▼

WealthMinty publishes indicative daily gold rates covering 24K, 22K, and 18K prices across 842+ cities in India. Rates are manually curated by our editorial team from public bullion market data, updated daily, and include 1-month price history, weight calculator, and city-wise comparison. Bookmark this page for the latest indicative gold rate in India.

✍️

WealthMinty Research Desk ➔

Financial Analysis & Gold Market Research Team

ℹ️ Indicative rates updated daily by our editorial team | Data methodology

🛡️ Why Trust WealthMinty's GoldResearch & Market Data?

Our analysis shows that retail gold rate volatility in India requires careful, daily monitoring. Our editorial team manually researches and publishes indicative daily gold reference rates based on publicly available bullion market data, including published rates from recognized industry bodies such as the India Bullion and Jewellers Association (IBJA), commodity exchange signals (MCX), and international benchmarks (LBMA). The rates shown are indicative and for informational purposes only — they may differ slightly from your local jeweller's quote. Read our full Editorial Policy & Methodology.

Zero Merchant Bias: We are a pure financial information and analysis platform. We do not sell gold, jewelry, or run physical retail shops, guaranteeing completely unbiased reporting.
Standardized Mathematical Modeling: Our city-specific rate calculations use strict pricing premiums and transport offsets aligned with local state jewelry association norms.
Fact-Checked by Experts: Every pricing trend and forecast published on WealthMinty is verified by our editorial desk with over 10+ years of combined experience in bullion markets.

🌍 International Gold Price Benchmarks

Indian gold prices are derived from international benchmarks. The LBMA sets the global price, converted to INR using USD/INR exchange rates, plus import duties (~15%) and GST (3%). In India, industry bodies such as the India Bullion and Jewellers Association (IBJA) and commodity exchanges like MCX publish daily reference rates that jewellers broadly follow. The figures below are indicative estimates based on publicly available market data and may differ slightly from the official benchmark.

Institution	Pricing Unit	Estimated Rate	Market Role
LBMA London	Per Troy Ounce	$4114 (USD)	Global bullion trading benchmark
WealthMinty (Indicative)	Per gram (24K)	₹14,994	Our indicative daily reference rate
MCX India (Est.)	Per 10g Contract	₹1,49,940	Indicative estimate of commodity exchange rate
RBI (Central Bank)	—	—	Sovereign Gold Bond (SGB) benchmark issuer
BIS Authority	—	—	National gold purity standard hallmarking

🥈 Silver Rate Today in India

Silver / Gram

₹250

Silver / KG

₹2,50,000

Gold:Silver Ratio

60.0x

The gold-to-silver ratio displays how many grams of silver it takes to buy one gram of gold. Lower values indicate silver may be overvalued relative to gold.

View Silver Rates →