The gold rate today in India is determined by a combination of international benchmark prices and domestic factors. Global gold prices are set in US dollars per troy ounce on exchanges like COMEX (New York) and the London Bullion Market. These prices fluctuate throughout the day based on supply-demand dynamics, central bank activity, inflation expectations, and geopolitical developments.
In India, the international price is converted to Indian rupees using the prevailing USD/INR exchange rate. Import duties (currently around 6%), GST (3%), and handling margins are then added. This is why the gold rate today in India can move even when global prices remain stable — a weakening rupee alone can push domestic gold prices higher. The India Bullion and Jewellers Association (IBJA) publishes daily reference rates that most jewellers and exchanges follow.
Gold Rate Today by Weight (Indian Units)
Indian buyers commonly purchase gold in grams, but traditional units like tola (11.66 grams), sovereign, and pavan (both 8 grams) remain widely used in different regions. The table below shows today's gold rate across all common weight units.
| Weight | 22K Rate Today | 24K Rate Today |
|---|
| 1 gram | ₹14,635 | ₹15,966 |
| 1 sovereign / pavan (8g) | ₹1,17,080 | ₹1,27,728 |
| 10 gram | ₹1,46,350 | ₹1,59,660 |
| 1 tola (11.66g) | ₹1,70,644 | ₹1,86,164 |
| 100 gram | ₹14,63,500 | ₹15,96,600 |
Gold Rate Today vs Last 7 Days
Over the past 7 days, 24K gold in India has moved down by 2.4% (₹398/gram). Daily fluctuations are normal and driven by overnight international market activity and morning INR movements. For consistent tracking, compare the gold rate today against the 30-day price chart on GoldMeter.
How Gold Rate Is Calculated in India
The simplified formula is: International gold price (USD/oz) × USD/INR rate ÷ 31.1035 = price per gram in INR. Import duty, GST, and jeweller margins are added on top. This is why the retail gold rate today will always be higher than the raw calculated benchmark. To understand the full breakdown with worked examples, read our detailed guide on how gold rate is calculated in India.
Factors That Affect Today's Gold Rate
Several interconnected factors determine the gold rate today: (1) global spot price movements on COMEX and London markets, (2) USD/INR exchange rate fluctuations managed by RBI interventions, (3) Indian import duty policy changes by the government, (4) seasonal demand from wedding and festival buying, (5) central bank gold reserve activity globally, and (6) inflation and interest rate expectations that shift investor appetite between gold and yield-bearing assets. Understanding these drivers helps buyers time purchases and interpret daily rate movements. For a deeper analysis, see our guide on why gold price changes daily in India.