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🇮🇳 Gold Price Today in India | ₹376,829
Live gold price in Indian Rupee (INR) — updated every 5 minutes
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (INR)
₹12,115.32
Per Troy Oz (INR)
₹376,829
Per Kg (INR)
₹12,115,319
USD/Gold Spot
$4,512.92/oz
USD/INR Rate
1 USD = 83.5 INR
INR per gram
₹12,115.32
Gold Market in India
India is the world's second-largest consumer of gold, with demand driven by weddings, festivals, and cultural traditions. The Multi Commodity Exchange (MCX) is the primary platform for gold futures trading in India. India imports over 700–800 tonnes of gold annually, making it a significant driver of global gold prices.
Why do people in India buy gold?
Gold is deeply embedded in Indian culture as a symbol of prosperity, auspiciousness, and financial security. Families accumulate gold across generations for weddings (dowry traditions) and festivals like Dhanteras and Akshaya Tritiya. Gold also serves as a liquid, universally accepted asset for millions of Indians without access to formal banking.
Frequently Asked Questions — Gold in India
What is the gold price today in India?
The gold price in India is updated in real time based on the international spot price converted to Indian Rupees (INR). The price you see on this page reflects the current global spot price multiplied by the USD/INR exchange rate, plus applicable import duties (currently around 12.5%).
Why is the gold price in India higher than the international price?
India imposes import duties on gold (currently 12.5%) plus GST of 3%, which adds approximately 15–16% to the landed cost. This is why 24K gold jewellery or coins in India are priced higher than the raw spot price.
What is the price of 22K gold vs 24K gold in India?
22K gold (used in most Indian jewellery) is 91.67% pure, so its price is approximately 91.67% of the 24K spot price. Most jewellery shops quote per-10-gram rates for 22K gold.
Is it a good time to buy gold in India?
Gold demand in India traditionally peaks around Dhanteras (October–November) and during wedding season. Many Indian investors buy gold systematically via Sovereign Gold Bonds (SGBs) or Gold ETFs for a cost-efficient approach.