India is one of the world's largest gold markets. Whether you are buying in Mumbai, Delhi, Chennai, or Bangalore, the starting point is the same: global spot gold converted to INR per gram at 24K purity, then adjusted for 22K jewelry.
How India gold rates are set
Retail rates track international XAU/USD, the USD/INR exchange rate, import duties, and local demand. Our live dashboard shows India gold prices updated via WebSocket — select India from the country dropdown for instant 24K gram, tola, and ounce conversions.
22K vs 24K in Indian jewelry
- 24K — used for coins, bars, and investment products
- 22K (916 hallmark) — standard for most jewelry; 91.6% pure gold
- 18K — common for diamond-studded pieces with harder alloy
Always confirm whether a shop quote is 22K or 24K before comparing to a live rate table.
Hallmark & making charges
BIS hallmarking verifies purity. Making charges (wastage, craftsmanship) sit on top of the metal value. Use our gold calculator for metal value only, then add the jeweler's making charge separately.
Festival season demand
Akshaya Tritiya, Diwali, and wedding season often lift physical demand. Track intraday moves on our country comparison table to see how India compares with Pakistan, UAE, and Singapore.
Quick India buyer checklist
- Check live 24K gram rate on My Gold Info
- Apply 22/24 ratio for jewelry quotes
- Ask for BIS hallmark and itemized invoice
- Compare making charges across 2–3 jewelers