Gold & Silver Price Today in India
Live prices per tola in INR
Live gold and silver prices in India in INR. Gold karats 24/22/21/18/14K and silver purities 999/925/900 — updated daily.
🥇 Gold Price — India
| Karat | Per Tola (INR) |
|---|---|
| 24K | |
| 22K | |
| 21K | |
| 18K | |
| 14K |
INR/tola
INR/tola
INR/tola
INR/tola
INR/tola
21K Gold — 7-Day Chart (INR/tola)
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Silver Price Today in India
Fine 999, Sterling 925 and Coin 900 silver prices in INR per tola, ounce and kilo. Updated daily from live XAG/USD rates.
| Purity | Per Tola (INR) |
|---|---|
Fine 999 Silver — 7-Day Chart (INR/tola)
Gold in India
India is the world's second-largest gold consumer, with demand driven by one of the richest gold cultures on earth. From temple offerings and wedding dowries to investment savings and central bank reserves, gold is woven into every layer of Indian society. Prices are quoted in Indian Rupee (INR) and expressed per tola (11.664 grams) — the traditional unit used by jewelers and traders across South Asia.
Local Market Context
India's gold market is massive and diverse: from government-regulated multi-brand jewelry chains like Tanishq and Kalyan Jewellers to thousands of family-run shops in every town. Major trading hubs include Mumbai's Zaveri Bazaar (the country's oldest gold market), Ahmedabad's Manekchowk, and Chennai's Parrys Corner. India also has a regulated gold futures market on MCX (Multi Commodity Exchange).
Taxes & Duties on Gold in India
India charges a 13% customs duty on imported gold (including surcharges and agriculture cess) plus a 3% GST on jewelry fabrication and making charges. These stack to approximately 16% above international spot for retail jewelry. Freshgoldprice.com displays prices after applying both the 13% import duty and 3% GST. Sovereign Gold Bonds (SGBs) avoid the import duty entirely as they are government-issued.
Buying Tips for India
Buy from BIS (Bureau of Indian Standards) hallmarked jewelry — the hallmarking scheme became mandatory in 2021 for most jewelry. Check the BIS hallmark, karat stamp, and jeweler's identification number on every piece. Avoid 'making charge' heavy designs for investment purposes — plain bangles and bars have the lowest fabrication premium. Compare prices between Tanishq, Malabar, and local jewelers for the best deal.
Gold as an Investment in India
India offers multiple gold investment vehicles: physical jewelry and coins, Sovereign Gold Bonds (8-year government bonds paying 2.5% interest, exempt from capital gains if held to maturity), Gold ETFs on NSE/BSE, and Digital Gold via apps. SGBs are the most tax-efficient option for long-term investors. The MCX futures market allows sophisticated hedging.
Gold & Silver Price FAQ — India
- What is the gold price per gram in India today?
- The current gold price per gram in India is shown in the gold table above in INR, sourced from international XAU/USD spot rates converted to local currency.
- Which gold karat is most popular in India?
- 22K gold is the most widely traded karat in India for jewellery and investment. The price is shown in the table above in INR per tola.
- How are gold karats calculated?
- Pure gold is 24K. Price per tola of each karat = 24K price × (karat ÷ 24). So 22K gold = 91.7% pure gold.
- What is the silver price per gram in India today?
- The current silver Fine 999 price per gram in India is shown in the silver section above in INR, updated daily from live XAG/USD spot rates.
- What is the difference between Fine 999 and Sterling 925 silver?
- Fine 999 silver is 99.9% pure and is the standard for investment bars and bullion. Sterling 925 is 92.5% silver alloyed with copper, widely used for jewelry and silverware.
- What is a tola of gold in India?
- A tola is a traditional South Asian unit of mass equal to 11.664 grams. Gold in India is widely quoted per tola — prices above show INR per tola.
- Does the gold price in India include taxes?
- Yes — the displayed price includes 13% import duty and 3% GST, compounded into the final figure shown above.
- What is a tola and why is gold priced per tola in India?
- A tola is a traditional South Asian unit equal to 11.664 grams. It has been the standard gold trading unit in India for centuries. Most jewelers and commodity exchanges in India quote prices per 10 grams or per tola, with 10 grams being the more common modern convention.
- What karat is standard for Indian gold jewelry?
- 22K (91.7% pure) is the most popular karat for Indian jewelry, prized for durability in intricate designs. 18K is used for diamond-studded and modern pieces. 24K pure gold is preferred for investment coins and bars.
- What is the Sovereign Gold Bond scheme?
- Sovereign Gold Bonds are government-issued securities denominated in gold. They pay 2.5% annual interest and are exempt from capital gains tax if held to the 8-year maturity. They avoid storage and import-duty costs, making them India's most tax-efficient gold investment option.