Gold Rates Comparison: 18K vs 22K vs 24K
Gold rates in India vary as per its purity, weight and prevailing market conditions. Compare Gold rates in India between 18K, 22K and 24K purity with the latest prices to make an informed purchase or investment decision.
18 Karat Gold Rate Comparison
| Gram | Today | Yesterday | Price Change |
|---|---|---|---|
| 1g | ₹10,810 | ₹10,622 | ₹188 |
| 10g | ₹108,097 | ₹106,217 | ₹1,880 |
| 12g | ₹129,716 | ₹127,460 | ₹2,256 |
22 Karat Gold Rate Comparison
| Gram | Today | Yesterday | Price Change |
|---|---|---|---|
| 1g | ₹13,202 | ₹12,973 | ₹230 |
| 10g | ₹132,022 | ₹129,726 | ₹2,296 |
| 12g | ₹158,426 | ₹155,671 | ₹2,755 |
24 Karat Gold Rate Comparison
| Gram | Today | Yesterday | Price Change |
|---|---|---|---|
| 1g | ₹14,413 | ₹14,162 | ₹251 |
| 10g | ₹144,129 | ₹141,622 | ₹2,507 |
| 12g | ₹172,955 | ₹169,946 | ₹3,008 |
Gold Demand in India
Gold demand in India is driven by cultural traditions, festive celebrations, and long-term financial security. Beyond its intrinsic value, gold holds deep cultural significance during weddings, religious festivals, and key family milestones. While traditional gold jewellery remains widely popular, consumer demand has expanded to include gold coins, bars, and digital options.
Understanding local demand trends helps individuals time their gold purchases or apply for a Gold Loan from Poonawalla Fincorp to meet planned or unplanned financial needs.
Gold Price Chart and Trend in India (Per Gram)
Check out the gold price trends in India during the last 10 days in the table below. Switch to a holistic monthly price trend view with the 30-day gold price chart to analyse short-term market dynamics and make informed purchase or investment decisions.
| Date | 18K Pure Gold | 22K Pure Gold | 24K Pure Gold |
|---|---|---|---|
| 05/11/2026 | ₹ 108,097 | ₹ 132,022 | ₹ 144,129 |
| 04/11/2026 | ₹ 106,217 | ₹ 129,726 | ₹ 141,622 |
| 03/11/2026 | ₹ 103,182 | ₹ 126,020 | ₹ 137,576 |
| 02/11/2026 | ₹ 103,158 | ₹ 125,990 | ₹ 137,524 |
| 30/10/2026 | ₹ 105,041 | ₹ 128,289 | ₹ 140,054 |
| 29/10/2026 | ₹ 106,691 | ₹ 130,306 | ₹ 142,255 |
| 28/10/2026 | ₹ 107,030 | ₹ 130,720 | ₹ 142,707 |
| 27/10/2026 | ₹ 106,073 | ₹ 129,551 | ₹ 141,431 |
Historical Gold Rate in India
Check out how gold prices in India have fluctuated during the last 10 days in the table below. Monitor daily price trends and short-term price movements of 24K, 22K and 18K gold in the table to make an informed decision before buying gold or availing a Gold Loan.
Gold Rate in India
Factors That Determine Gold Prices in India
Gold price in India is impacted by a global mix of economic, geopolitical as well as seasonal factors. Because gold functions both as a core financial asset and holds a cultural value in Indian tradition, international market shifts directly impact domestic retail pricing.
The primary factors driving daily gold rate fluctuations include:
International Gold Prices
Gold is traded worldwide, so Indian prices naturally follow international market trends. Global events, such as conflicts between countries, stock market ups and downs, or updates in world financial policies, affect global gold prices. When global gold prices rise, the gold rate in India usually rises too.
Foreign Exchange Rates (INR vs USD)
Physical gold imports are internationally denominated in United States Dollars (USD). When the Indian Rupee (INR) depreciates against the USD, importing gold becomes more costly, inflating domestic market rates. Conversely, a strengthening Indian Rupee lowers landed import costs, stabilising or reducing local gold prices.
Supply and Demand Trends
Local demand in India plays a big role in daily pricing. During major festivals, auspicious days, and traditional wedding seasons, millions of people buy gold jewellery and coins. This sudden nationwide demand often pushes local gold prices higher.
Inflation and Economic Conditions
When inflation rises, money loses its purchasing power over time. Gold is considered a safe place to keep savings because it holds its value even when other goods' prices rise. As inflation rises, more people buy gold to protect their wealth, which increases demand and drives up gold prices.
Reserve Bank’s Gold Reserve Strategy
The Reserve Bank of India (RBI) regularly buys or holds gold to manage the country's financial reserves safely. When the RBI buys large amounts of gold, it shows strong trust in the metal. This boosts market confidence and often causes local gold rates to rise.
GST Applicable on Gold Purchase
The implementation of the Goods and Services Tax (GST) provides a standardised framework for gold transactions across India. Understanding applicable tax structures ensures total billing transparency when purchasing physical gold or assessing asset values:
Alternatives to Physical Gold
For buyers and investors seeking exposure to gold prices without holding physical metal, managing storage risks, or paying making charges, several non-physical avenues are available in the market:
Techniques to Check Purity of Gold in India
Verifying gold purity ensures fair transaction value when buying, exchanging, or pledging gold assets:
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Frequently Asked Questions
Daily gold rates in India are determined by combining international spot benchmark prices, applicable import tariffs, and USD–INR currency exchange rates. Local bullion associations and jewellers then make daily adjustments to establish regional retail prices based on local market supply and demand.
When evaluating the gold rate in India for purchasing jewellery or bullion, always check the official BIS hallmark on the piece, compare making charges across retailers, factor in applicable GST rates (3% on metal and 5% on making charges), and verify the jeweller’s buy-back or exchange policies.
When evaluating the gold rate in India for purchasing jewellery or bullion, always check the official BIS hallmark on the piece, compare making charges across retailers, factor in applicable GST rates (3% on metal and 5% on making charges), and verify the jeweller’s buy-back or exchange policies.
Knowing the gold rate today for 1 gram allows you to calculate the estimated total market value of your pledged asset before visiting a branch. Financial institutions use prevailing daily market rates per gram and asset purity to determine your maximum eligible Gold Loan amount.
To verify gold purity, check for the official Bureau of Indian Standards (BIS) hallmark logo and the unique 6-digit Hallmark Unique Identification (HUID) code stamped on the item. You can also ask for a non-destructive Karat Meter test (XRF analysis) at certified testing centres or branch locations.
The key differences between KDM and Hallmarked gold are:
- Hallmarked Gold: Officially certified by the Bureau of Indian Standards (BIS) for guaranteed purity and authenticity.
- KDM Gold: An older manufacturing method that used cadmium for soldering, which has since been discontinued due to health concerns and inconsistent purity levels. Hallmarked gold is the required standard.