Gold Rate in India Today (IBJA Reference)
As of 03 Jun 2026 · Source: IBJA| Weight | 24K (999) | 22K (916) | 18K (750) | Silver |
|---|---|---|---|---|
| 1 gram | ₹16,222 | ₹14,859 | ₹12,166 | ₹265.64 |
| 8 grams | ₹129,773 | ₹118,872 | ₹97,330 | — |
| 10 grams | ₹162,216 | ₹148,590 | ₹121,662 | — |
| 1 tola (11.66 g) | ₹189,206 | ₹173,313 | ₹141,904 | — |
| 100 grams | ₹1,622,163 | ₹1,485,902 | ₹1,216,623 | ₹265,641 (per kg) |
| Change vs yesterday | — +0.00% | — +0.00% | — | — +0.00% |
What is the gold rate today in India?
The gold rate today in India is sourced from the India Bullion and Jewellers Association Ltd. (IBJA), the official body whose AM and PM "spot rates" are used by Indian banks, gold-loan lenders, and most legitimate jewellers as their daily reference. Twice every business day — at 12:35 PM and 18:05 PM IST — IBJA aggregates spot bullion quotes from licensed bullion traders and publishes the national reference rate for 999, 995, 916, 750, and 585 fineness gold, plus 999 silver per kilogram.
Throughout this site, the IBJA "PM" rate is treated as the authoritative daily reference. City pages add a small documented premium (typically 0–1.5%) to reflect local handling and demand intensity. This is the cleanest, most replicable pricing benchmark available in the Indian gold market — it is not a retail price-board number from any specific jeweller.
How is gold rate determined in India?
Three factors drive virtually all of the daily movement:
- International spot price. Gold is a globally traded commodity. The London Bullion Market Association sets a twice-daily benchmark in USD per troy ounce. India's import-parity price is built directly on this number.
- USD/INR exchange rate. Because India imports nearly all its gold, a weaker rupee mechanically pushes the per-gram price higher even if the international spot is unchanged.
- Import duty + 3% GST. Customs duty plus 3% GST at point of sale add roughly 13–15% to the import-parity rate before the customer sees it on a jeweller's board.
Beyond these, demand-side factors — wedding season, Akshaya Tritiya, Dhanteras, RBI/central bank purchases, geopolitical shocks — create short-term premiums of 0.5–3%.
Today's rate by purity
The Indian gold market quotes four common purity standards. Use the table above for current rates; the explanation below tells you which purity to pick for which purpose.
- 24K (999): Pure gold. Coins, bars, ETFs, SGBs. Best for investment.
- 22K (916): 91.6% gold + 8.4% alloy. The standard for hallmarked Indian jewellery.
- 18K (750): 75% gold. Used for diamond and gemstone settings where strength matters.
- Silver 999: Pure silver, priced per kilogram in India.