Gold continues to be one of the most closely watched precious metals in India. Whether you are planning to buy jewellery for a wedding, purchase a gold coin, or simply track the market, knowing the gold rate today in India can help you make a better decision.
On August 31, 2026, retail gold prices in India were lower than recent levels, with 24K and 22K rates varying depending on the source, city and jeweller. Mint reported 24K gold at around ₹15,389 per gram and 22K gold at around ₹14,096 per gram in its latest update on the day. Rates published by individual jewellers and other market sources can differ, so buyers should always confirm the price with their local jeweller before making a purchase.
The India Bullion and Jewellers Association (IBJA) also publishes benchmark and indicative rates. Its August 31 PM indicative retail rates listed fine gold (999 purity) at ₹15,584 per gram and 22 KT at ₹15,210 per gram, excluding 3% GST and making charges. This shows why there is no single retail price that every buyer will pay.
Last updated: August 31, 2026
Gold Rate Today in India
Gold prices can change during the trading day as international prices, currency movements and domestic market conditions change. The rate you see online should therefore be treated as a market reference rather than a guaranteed final jewellery price.
For a simple retail reference, the latest figures reported by Mint on August 31 are:
| Gold Purity | Approx. Price Per Gram | Approx. Price Per 10 Grams |
|---|---|---|
| 24K Gold | ₹15,389 | ₹1,53,890 |
| 22K Gold | ₹14,096 | ₹1,40,960 |
| 18K Gold | ₹11,542 | ₹1,15,420 |
These figures are rounded from the published per-gram rates. Retail prices may differ between cities, jewellers and brands. Mint’s August 31 update reported a decline in Indian retail gold prices during the day.
IBJA is another important reference for the Indian bullion market. Its published rates are widely used as a benchmark, but its indicative jewellery rates specifically exclude GST and making charges.
Therefore, if you are planning to purchase jewellery, do not assume that the rate shown in a market table will be the exact amount on your final bill.
Gold Rate Today Per Gram and Per 10 Grams
Many people search for the gold price per gram because they are buying a small jewellery item, coin or other gold product. Others prefer the 10-gram rate because it is a commonly used measurement in the Indian bullion market.
Using the latest reported retail figures as a reference:
| Weight | 24K Gold | 22K Gold |
|---|---|---|
| 1 gram | ₹15,389 | ₹14,096 |
| 5 grams | ₹76,945 | ₹70,480 |
| 8 grams | ₹1,23,112 | ₹1,12,768 |
| 10 grams | ₹1,53,890 | ₹1,40,960 |
| 100 grams | ₹15,38,900 | ₹14,09,600 |
These calculations simply multiply the quoted per-gram rate by the weight. The actual price charged by a jeweller can be higher because of making charges, GST and other applicable costs.
22 Carat Gold Rate Today in India
22 carat gold is one of the most common choices for jewellery in India. It contains about 91.6% gold, with the remaining portion made up of other metals that help improve its strength and durability.
Pure gold is relatively soft. For that reason, jewellery manufacturers generally combine gold with other metals to make pieces that can withstand everyday use.
The latest retail reference from Mint placed 22K gold at about ₹14,096 per gram on August 31, 2026. That works out to approximately ₹1.41 lakh per 10 grams before additional jewellery-related charges.
However, the actual 22K jewellery price can vary from one jeweller to another. A buyer should therefore check the day’s rate, the gold weight, making charges, taxes and the final invoice rather than relying only on the advertised per-gram figure.
24 Carat Gold Rate Today in India
24K gold represents the highest commonly traded purity of gold and is generally described as 99.9% pure gold.
Because it contains very little of other metals, 24K gold is softer than 22K gold. It is therefore commonly associated with investment products such as bars and coins rather than jewellery designed for frequent everyday wear.
Mint reported a 24K retail rate of about ₹15,389 per gram on August 31, 2026. That is approximately ₹1.54 lakh per 10 grams before any additional charges that may apply to a particular product or transaction.
Investors should also check the stated purity of a particular coin or bar, the seller’s premium, applicable taxes and the terms for resale before buying.
Gold Rate Today in Major Indian Cities
Gold prices can differ between cities and jewellery brands. Factors such as local market conditions, transportation, jeweller margins, taxes and the pricing policies of individual brands can contribute to differences.
A current August 31 market report showed that major jewellery brands, including Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers, were publishing their own rates for different cities and purities.
For this reason, buyers should treat city-wise online prices as a reference and confirm the final rate at the shop where they intend to purchase.
Some of the major markets commonly tracked by gold buyers include:
| City | What to Check |
|---|---|
| Delhi | 22K and 24K retail rate |
| Mumbai | 22K and 24K retail rate |
| Chennai | 22K and 24K jewellery rate |
| Kolkata | 22K and 24K retail rate |
| Bengaluru | 22K and 24K retail rate |
| Hyderabad | 22K and 24K retail rate |
| Ahmedabad | 22K and 24K retail rate |
| Pune | 22K and 24K retail rate |
| Jaipur | 22K and 24K retail rate |
| Lucknow | 22K and 24K retail rate |
The important point is that there may not be one identical retail rate across all of India.
Why Is Gold Price Changing Today?
Gold prices are influenced by several factors, both inside and outside India. A change in the international gold market can quickly affect domestic prices, while the Indian rupee can also influence the cost of imported gold.
International Gold Prices
Gold is traded globally, so movements in international prices have a direct influence on Indian prices.
On August 31, international gold remained near a two-week low after comments from US Federal Reserve Chair Kevin Warsh increased expectations of a possible US interest-rate increase in September. Reuters reported that spot gold was around $4,455 per ounce at 1210 GMT, while gold futures for December were lower.
This international movement can eventually feed into domestic gold prices.
US Interest Rates
Interest-rate expectations are important for gold.
When investors expect interest rates to remain high, assets that provide interest can become relatively more attractive. That can reduce demand for gold in some circumstances.
On the other hand, expectations of lower interest rates can support gold because the opportunity cost of holding a non-interest-bearing asset becomes less significant.
US Dollar and Indian Rupee
Gold is internationally priced in US dollars. Therefore, movements in the dollar against the Indian rupee can affect the domestic price.
If the rupee weakens against the dollar while other factors remain unchanged, imported gold can become more expensive in India.
Inflation
Gold is often viewed as a store of value during periods of economic uncertainty and inflation concerns.
However, the relationship is not always straightforward. Gold prices respond to a combination of inflation expectations, interest rates, currency movements, investor demand and other market conditions.
Geopolitical Uncertainty
International conflicts and political tensions can affect investor sentiment.
When uncertainty rises, some investors turn toward assets they consider defensive or safe-haven holdings. This can increase demand for gold.
Current market conditions demonstrate how quickly geopolitical developments and interest-rate expectations can affect precious metals.
Indian Jewellery Demand
India has a large jewellery market, and consumer demand can also influence local prices.
Wedding seasons, festivals and other occasions can increase jewellery purchases. However, local jewellery prices also depend on international rates, currency movements and the pricing practices of individual sellers.
22K vs 24K Gold: What Is the Difference?
The biggest difference between 22K and 24K gold is purity.
| Feature | 22K Gold | 24K Gold |
|---|---|---|
| Gold content | About 91.6% | About 99.9% |
| Common use | Jewellery | Bars, coins and investment |
| Strength | More durable | Softer |
| Price per gram | Lower | Higher |
| Other metals | Present | Very little |
A person buying a necklace, bracelet or ring for regular use may prefer 22K gold because the added metals make it more durable.
Someone buying gold primarily as an investment may look at 24K products because of their higher purity.
Neither option is automatically better for everyone. The right choice depends on why you are buying gold.
Gold Rate vs Jewellery Price: What Is the Difference?
One of the most important things to understand before buying jewellery is that the gold rate is not the same as the final jewellery price.
Suppose the advertised 22K gold rate is ₹14,096 per gram. If a jewellery item contains 10 grams of gold, the basic gold value would be approximately ₹1,40,960.
But that does not necessarily mean the customer will pay exactly ₹1,40,960.
The final bill may also include:
- Making charges
- Applicable GST
- Other applicable charges
- Stone or gemstone costs, if included
- Jeweller-specific fees or premiums
IBJA’s published indicative jewellery rates specifically state that its rates are without 3% GST and making charges.
This is why two jewellery shops can quote different final prices even when their underlying gold rate is similar.
How to Calculate Gold Jewellery Price
A basic calculation can help you understand a jewellery quotation.
For example, suppose:
- 22K gold rate = ₹14,096 per gram
- Net gold weight = 10 grams
The basic gold value would be:
₹14,096 × 10 = ₹1,40,960
The jeweller may then add making charges and applicable taxes.
The final calculation can therefore be represented simply as:
Gold value + making charges + applicable taxes and other charges = final jewellery price
The exact calculation depends on the jeweller and the product.
When comparing shops, ask for a clear breakup of the bill rather than comparing only the advertised gold rate.
How to Check Gold Purity and Hallmark
Gold purity is especially important when purchasing jewellery because the purity determines how much actual gold is contained in the item.
The Bureau of Indian Standards (BIS) operates India’s hallmarking system for gold and silver jewellery and artefacts. Consumers can use BIS resources to understand hallmarking and verify relevant information.
BIS also provides the BIS CARE app, which allows consumers to enter a HUID number and check information associated with a hallmarked item.
Before purchasing gold jewellery, check:
- BIS hallmark
- Purity or fineness marking
- HUID
- Net gold weight
- Making charges
- Applicable taxes
- Jeweller details
- Final invoice
- Buyback or exchange terms
Keeping the invoice is also important for future exchange, resale or warranty-related requirements.
Gold Rate Today vs Yesterday
Looking at the previous day’s price helps you understand whether the market is moving higher or lower.
According to Policybazaar’s published historical table, the 24K rate was listed at ₹1,53,350 per 10 grams on August 30 and ₹1,51,940 per 10 grams on August 31. Its 22K rate moved from ₹1,46,050 to ₹1,44,700 per 10 grams over the same dates.
That represents a noticeable one-day decline.
However, different publications can show different rates because they may use different market references, update times or retail sources. A daily comparison is therefore most useful when the two prices come from the same source and methodology.
Gold Price Trend in India
Gold has experienced considerable movement during August 2026.
For example, Policybazaar’s published 24K 10-gram series showed:
| Date | 24K Gold/10g | 22K Gold/10g |
|---|---|---|
| August 21 | ₹1,55,510 | ₹1,48,100 |
| August 22 | ₹1,58,030 | ₹1,50,500 |
| August 24 | ₹1,58,870 | ₹1,51,300 |
| August 25 | ₹1,58,660 | ₹1,51,100 |
| August 26 | ₹1,58,660 | ₹1,51,100 |
| August 28 | ₹1,54,880 | ₹1,47,500 |
| August 30 | ₹1,53,350 | ₹1,46,050 |
| August 31 | ₹1,51,940 | ₹1,44,700 |
The figures show that gold prices can move substantially within a relatively short period.
International developments were an important part of the recent move. Reuters reported that gold had fallen sharply on August 28 and remained near a two-week low on August 31 as markets reassessed US interest-rate expectations.
This is a good reminder that short-term gold prices can change quickly. A single day’s movement should not automatically be treated as the beginning of a long-term trend.
Is It a Good Time to Buy Gold?
There is no single answer that applies to every buyer.
Someone buying jewellery for an upcoming wedding has a different objective from someone purchasing gold as a long-term investment. A person who needs a specific jewellery item may also care more about design, making charges and purity than about trying to predict the lowest possible gold price.
If you are buying jewellery, compare:
- Today’s gold rate
- Purity
- Net gold weight
- Making charges
- Taxes
- Wastage or other charges
- Exchange or buyback policy
- Hallmark and HUID
If you are buying gold as an investment, consider your time horizon and the risks associated with gold prices instead of assuming that prices will always rise.
Gold can experience significant short-term fluctuations, as the August 2026 market movement illustrates.
Gold Price Outlook
Predicting the exact future price of gold is difficult because several variables can change at the same time.
Investors and buyers generally watch factors such as:
- US Federal Reserve interest-rate decisions
- US inflation and economic data
- The strength of the US dollar
- Indian rupee movements
- Global geopolitical developments
- Central-bank gold demand
- International investor demand
- Indian jewellery consumption
For example, Reuters reported that changing expectations about a possible September US rate hike were influencing gold prices on August 31.
Rather than relying on a fixed price prediction, gold buyers should monitor these factors and check current prices before making a purchase.
Frequently Asked Questions
What is the gold rate today in India?
On August 31, 2026, Mint reported a retail reference rate of around ₹15,389 per gram for 24K gold and ₹14,096 per gram for 22K gold. Rates can vary by city, jeweller, source and update time.
What is the 24K gold price today per 10 grams?
Based on Mint’s reported per-gram rate, 24K gold was approximately ₹1,53,890 per 10 grams on August 31, 2026. This is a calculated figure from the published per-gram rate and should be treated as a market reference.
What is the 22K gold price today per gram?
The latest Mint retail reference available on August 31, 2026, placed 22K gold at approximately ₹14,096 per gram.
Is 22K or 24K gold better for jewellery?
22K gold is generally more suitable for jewellery because it contains other metals that make it harder and more durable. 24K gold is purer but softer and is more commonly associated with investment products such as bars and coins.
Why is the gold rate different from one jeweller to another?
Jewellers may use different market references and may add different margins, making charges and other costs. The final jewellery price can therefore vary even when the underlying gold market is similar.
Does the gold rate include GST and making charges?
Not necessarily. For example, IBJA’s indicative retail jewellery rates explicitly state that they are without 3% GST and making charges.
How can I check whether my gold jewellery is genuine?
Look for the appropriate BIS hallmark and purity information and verify the HUID where applicable. BIS provides consumer resources, including the BIS CARE app, for checking hallmark and HUID-related information.
Why did gold prices fall today?
Gold prices were under pressure on August 31 as expectations of a possible US interest-rate increase increased following hawkish comments from Federal Reserve Chair Kevin Warsh. International gold prices remained near a two-week low.
Can gold prices change during the day?
Yes. International gold markets, currency movements and domestic trading conditions can change throughout the day. That is why a gold-rate page should always show its update date and, where possible, update time.
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Conclusion
The gold rate today in India depends on several factors, including international gold prices, the rupee-dollar exchange rate, interest-rate expectations, investor demand and local market conditions.
As of August 31, 2026, retail reference prices reported by major financial publications showed a decline in both 22K and 24K gold compared with some recent levels. However, the exact price available to a buyer can vary according to the city, jeweller, product and time of purchase.
If you are planning to buy gold jewellery, do not look at the gold rate alone. Check the purity, BIS hallmark and HUID, net gold weight, making charges, GST and the complete invoice. Comparing the final price from more than one jeweller can also help you understand whether you are getting a competitive deal.
For investors and regular gold-price watchers, it is equally important to look beyond one day’s movement. International prices, US monetary policy, currency movements and global economic conditions can all influence the market.
Gold remains an important part of India’s jewellery and investment culture, but its price can move quickly. Checking the latest rate from a reliable source before buying is therefore one of the simplest ways to make a more informed decision.
