Gold Price

GoldPriceLook fetches market snapshots for India multiple times throughout every business day, typically tracking updates from major bullion associations and dealer feeds. The exact timestamp of the most recent data point is shown in the 'Last rate update' line at the top of this page. Because gold prices react quickly to international spot movements and currency shifts, we recommend refreshing the page before making any purchasing decision. Rates shown here are indicative snapshots intended for reference and estimation — always confirm the live transaction price with your jeweller or dealer.

Gold is a globally traded commodity priced in US dollars per troy ounce on the London Bullion Market and major futures exchanges. When prices arrive in India, they pass through a currency conversion (USD to local currency), import duties (currently 15% in India), and refinery/dealer margins before reaching the per-gram rate that end buyers see. A rising dollar or rising international spot price will lift local rates in India even if domestic demand is unchanged. This is why tracking both international gold news and the INR/USD exchange rate helps you anticipate domestic price movements.

24K gold is 99.9% pure and represents the highest gold content available; however, it is too soft and malleable for everyday jewellery wear. 22K gold contains 91.6% gold alloyed with metals such as copper or silver to add strength, making it the most popular choice for traditional Indian jewellery. 18K gold is 75% pure and is typically used for premium, diamond-studded, or designer pieces where greater hardness and a brighter finish are required. When using the calculator on this page, selecting the correct purity ensures your value estimate is as accurate as possible.

Making charges compensate the jeweller for the skill and labour involved in crafting an ornament and can be structured as a flat rupee amount, a per-gram fee, or a percentage of the total gold value — typically ranging from 8% to 25% depending on the complexity of the design and the jeweller's positioning. Wastage (also called karigar charge) accounts for metal lost during the melting and fabrication process and is usually added to the chargeable weight rather than shown as a separate line item. Once the gold value and making charges are totalled, a 3% GST is applied to the combined sum. Our Gold Jewellery Price calculator on this site models all of these components so you can see the complete cost before you visit any store.