Today's Gold Rate in India: 24K, 22K, 18K Prices and Buying Guide
Today's gold rate helps buyers and investors estimate the metal value of jewellery, coins, bars and other gold products. This guide gives the latest indicative purity-wise rates available for 5 August 2026 and explains how to turn a headline rate into a realistic purchase budget.
People searching for today's gold rate usually want more than one number. A jewellery buyer needs to know whether the quote is for 24K, 22K or 18K gold, whether it is shown per gram or per 10 grams, and what will be added to the bill. An investor may want to know whether the day’s move is significant, whether to buy now, and which gold product best matches a long-term goal.
Gold prices can move during the day. Rates may differ across cities, brands and platforms because the benchmark time, local costs, product purity and retail margin are not identical. The final jewellery price also includes making charges or value addition, possible stone value and GST. Therefore, the most useful way to read a daily rate is to treat it as the starting metal value and then verify every additional component.
This article uses the indicative IBJA retail selling rates reported for the evening of 5 August 2026 as a dated market reference. Before transacting, obtain a fresh timestamped quote from the jeweller, bullion dealer, exchange or platform you will actually use.
Quick Answer: Today's Gold Rate in India
For 5 August 2026 (PM), the reported indicative IBJA retail selling rates were ₹14,458 per gram for fine gold 999, ₹14,208 per gram for 22K gold, ₹12,956 per gram for 20K gold, ₹11,792 per gram for 18K gold and ₹9,390 per gram for 14K gold. The reported silver 999 rate was ₹2,26,200 per kilogram.
These are indicative market references, not guaranteed final retail invoices. A jeweller’s displayed 22K rate may be lower or higher depending on timing and pricing policy. The amount you pay for jewellery will normally include the metal value plus making charges or value addition, stone or accessory value where applicable, and GST according to the invoice structure and current rules.
Before paying, confirm the purity, net gold weight, per-gram rate, making charge method, hallmark and HUID, tax calculation, exchange policy and buyback deductions in writing.
Key Takeaways
- Match purity before comparing prices: 24K, 22K, 18K and 14K are not interchangeable.
- Match the unit: convert per gram and per 10 grams correctly.
- The headline rate is not the final jewellery price: making charges, stones and GST can materially increase the bill.
- Check BIS hallmark and HUID: purity verification is as important as price comparison.
- Ask for net gold weight: do not pay gold rate on stones or non-gold components.
- Keep the invoice: it supports resale, insurance, ownership and tax records.
- Do not chase a daily move: connect the purchase to your need, budget and portfolio plan.
What This Page Covers
- The latest dated indicative gold rate for 24K, 22K, 20K, 18K and 14K gold.
- How to compare city, jeweller and online-platform quotes correctly.
- How to calculate the final jewellery bill from the per-gram rate.
- How karat, fineness, hallmark and HUID relate to purity.
- What drives daily gold price changes in India.
- How jewellery, coins, bars, digital gold and gold ETFs differ.
- Which records matter for resale, insurance, gifting, inheritance and tax reporting.
Price Reference, Timing and Trusted Verification
The dated rate table below uses the indicative IBJA retail selling rates reported for 5 August 2026 (PM). Market prices can change after publication. For a transaction, verify the latest benchmark and obtain a live quote from the seller.
Purity and hallmarking information should be checked against the Bureau of Indian Standards hallmarking resources. The BIS explains that hallmarking records the proportionate precious-metal content and is intended to protect consumers against irregular quality. For eligible hallmarked jewellery, verify the HUID through the official BIS Care app. GST rates and invoice treatment should be checked through CBIC GST rate resources or with a qualified tax professional.
Today's Gold Rate by Purity: 5 August 2026
The purity-wise rate is the first number to match when comparing gold. The table shows the reported indicative rates and their 10-gram equivalents.
| Purity | Common fineness | Indicative rate per gram | Equivalent per 10 grams | Typical use |
|---|---|---|---|---|
| 24K fine gold | 999 | ₹14,458 | ₹1,44,580 | Investment-grade bars and coins |
| 22K gold | 916 | ₹14,208 | ₹1,42,080 | Traditional jewellery |
| 20K gold | 833 | ₹12,956 | ₹1,29,560 | Select jewellery and specialised products |
| 18K gold | 750 | ₹11,792 | ₹1,17,920 | Diamond and stone-studded jewellery |
| 14K gold | 585 | ₹9,390 | ₹93,900 | Durable fashion jewellery |
The table does not include making charges, stone value, GST, delivery, insurance or seller-specific premium. A lower displayed rate does not automatically mean a lower final bill.
How Today's Gold Rate Is Formed in India
India’s gold price reflects the global bullion price translated into rupees and adjusted for domestic costs. International spot prices are usually quoted in US dollars per troy ounce. The rupee-dollar exchange rate therefore matters: even if global gold is unchanged, a weaker rupee can lift the Indian price.
Domestic pricing can also reflect import-related costs, taxes, logistics, financing, wholesale premiums and local demand. Bullion benchmarks and commodity exchange prices help show the broad market, but a retail jewellery quote adds the seller’s operational and product-specific components.
Global bullion price and interest-rate expectations
Gold often reacts to real interest rates, inflation expectations, central-bank policy, the US dollar and demand for perceived safe-haven assets. Lower bond yields or a softer dollar can support gold, while higher real yields may create pressure. These relationships are not mechanical and can change with market conditions.
Rupee movement and Indian import economics
Because India imports substantial quantities of gold, currency movement can affect domestic prices quickly. Buyers should therefore avoid assuming that an international headline will translate one-for-one into a local retail quote.
Festival, wedding and regional demand
Demand may rise around weddings, festivals and gifting seasons. Retail availability, design demand and inventory policy can influence local premiums, but purity and total invoice cost should remain the centre of the comparison.
Why Gold Rates Differ Across Cities and Jewellers
Two sellers can quote different rates at the same time without either quote being automatically wrong. The difference may come from benchmark timing, purity definition, pricing updates, local costs, retail margin or whether the displayed number includes any value addition.
| Reason | What can differ | How to compare safely |
|---|---|---|
| Update time | Morning, afternoon or live intraday quote | Ask for timestamp and quote validity |
| Purity | 999, 995, 916, 750 or 585 | Compare the same karat and fineness |
| Unit | Per gram, per 8 grams or per 10 grams | Convert all quotes to one unit |
| Making charge | Percentage, per gram or fixed amount | Calculate the rupee amount, not only the rate |
| Stones and accessories | Separate charge or bundled price | Demand net gold weight and itemised stone value |
| Buyback policy | Deductions, testing, branch restrictions | Read written resale and exchange terms |
The best comparison is the final payable amount for the same net gold weight, purity and design category, together with the buyback or exchange policy.
How to Calculate a Gold Jewellery Bill from Today's Rate
The core calculation begins with gold rate × net gold weight. Then add making charges or value addition, separately stated stone or accessory value, and tax according to the invoice and prevailing rules.
Illustrative formula: Metal value = purity-specific rate per gram × net gold weight. Final invoice = metal value + making/value addition + stone or accessory value + applicable GST and other disclosed charges.
Illustration: 8 grams of 22K gold
Using the indicative 22K rate of ₹14,208 per gram, the basic metal value for 8 grams is ₹1,13,664. If the jeweller charges 10% making charges, that component is ₹11,366.40. The subtotal before tax and any stone value becomes ₹1,25,030.40. The exact GST calculation depends on the invoice structure and current rules, so confirm the itemised bill.
Percentage versus per-gram making charge
A 12% making charge on a high gold value can be much larger than a flat per-gram charge. Convert every making-charge offer into rupees. A “zero making charge” promotion may still involve a higher gold rate, limited designs, wastage, membership conditions or lower exchange value; read the complete terms.
Why net weight matters
In stone-studded jewellery, gross weight includes stones and non-gold elements. The gold rate should be applied to the net gold weight, while stones should be priced separately. The invoice should make this distinction clear.
Purity, BIS Hallmark and HUID Checks Before Payment
Price comparison is incomplete without purity verification. BIS describes hallmarking as the official recording of precious-metal fineness. For eligible hallmarked gold jewellery, look for the BIS Standard Mark, the purity in karat and fineness, and the six-digit HUID.
Check the article, not only the tag
A hanging price tag can be replaced; the mark on the jewellery and the HUID record are more meaningful. Use the Verify HUID feature in the official BIS Care app and match the details with the article and invoice.
Check the invoice fields
The bill should identify the article, net precious-metal weight, purity in karat and fineness, and hallmarking charges. It should separately show making charges and stone value where relevant. Keep the invoice in digital and physical form.
Know your remedy if purity is short
BIS states that consumers can have jewellery tested at a BIS-recognised Assaying and Hallmarking Centre. Where hallmarked jewellery is found below the marked purity, consumer-protection provisions may provide compensation based on the shortage and testing charge. Preserve the article, invoice, HUID and test report.
Jewellery, Coins, Bars, Digital Gold or Gold ETF: Which Rate Matters?
The relevant “gold rate” depends on the product. Jewellery buyers care about 22K or 18K retail rates and making charges. Coin and bar buyers care about fine-gold rate, minting premium, authenticity and buyback spread. ETF investors care about exchange price, net asset value, expense ratio, tracking difference, liquidity and demat costs.
| Product | Price reference | Main additional cost | Key verification |
|---|---|---|---|
| Gold jewellery | 22K/18K retail rate | Making, stones, GST | BIS hallmark, HUID, net weight |
| Gold coin or bar | 24K/999 bullion rate | Minting and dealer premium | Purity certificate, refiner, buyback |
| Digital gold | Provider buy price | Buy-sell spread, storage/redemption terms | Provider, custody, invoice, redemption rules |
| Gold ETF | Exchange market price/NAV | Expense ratio, brokerage, tracking difference | SEBI-regulated scheme documents and liquidity |
Choose the product based on purpose. Jewellery is primarily a consumption and personal-use product. Coins and bars provide physical ownership but require secure storage. ETFs can offer regulated market access and easier portfolio rebalancing, but need a demat and trading account. Digital gold can be convenient, yet buyers should examine custody, legal structure, spread and redemption terms carefully.
Three Practical Gold-Rate Decisions
Example 1: Wedding jewellery buyer
Meera needs jewellery in six months. Instead of trying to predict the lowest day, she sets a total budget and buys in stages. At each purchase, she compares the same 22K rate, calculates the rupee making charge, verifies HUID and keeps the invoice. This reduces timing pressure and prevents a low headline rate from hiding a high final bill.
Example 2: Investor choosing between a coin and ETF
Arjun wants portfolio diversification, not jewellery. A coin provides physical possession but includes a dealer premium and storage responsibility. A gold ETF offers exchange liquidity and easier rebalancing but has ongoing expenses and market-price considerations. He compares total ownership cost and chooses based on horizon, demat access and custody preference rather than the day’s jewellery rate.
Example 3: Inherited jewellery with no original invoice
Priya inherits family jewellery. She photographs each item, records weight and visible hallmark details, obtains a professional valuation and stores inheritance documents. When she later considers a sale, these records can support ownership and tax-cost analysis. The current gold rate helps estimate metal value, but it does not by itself establish the original cost or taxable gain.
Where Today's Gold Rate Comparisons Commonly Go Wrong
- Comparing 24K bullion with 22K jewellery.
- Comparing per-gram and per-10-gram quotes without conversion.
- Ignoring the timestamp when prices are moving quickly.
- Paying gold rate on gross weight that includes stones.
- Looking only at making-charge percentage instead of rupee value.
- Skipping HUID verification because the shop is well known.
- Assuming “buyback” means full refund of making charges and tax.
- Buying with borrowed money because of a short-term price rally.
- Discarding invoices needed for insurance, resale and tax records.
Gold Purchase Verification Checklist
When an Expert Review May Be Worthwhile
Self-directed buying may be enough for a straightforward, modest jewellery purchase where purity, invoice and seller terms are clear. Expert support becomes more useful when gold is a meaningful part of your portfolio, when you are choosing among physical gold, ETFs and digital products, or when a sale, gift or inheritance creates tax-documentation questions.
WealthSure can help connect the gold decision with cash-flow planning, asset allocation, tax reporting and record organisation. The objective is not to predict a guaranteed price, but to make the decision consistent with your goals, risk profile and compliance responsibilities.
Need help connecting a gold decision with your tax and financial plan?
Get expert-assisted support for transaction records, capital-gains reporting, portfolio planning and broader financial decisions.
Summary: Today's Gold Rate
Today's gold rate is a dated reference for the metal value of a stated purity. On 5 August 2026 (PM), the reported indicative IBJA rate was ₹14,458 per gram for fine gold 999 and ₹14,208 per gram for 22K gold. A buyer should still obtain a fresh transaction quote because rates can change during the day and retail prices vary.
For jewellery, calculate the net gold value first, then add making charges, separately stated stones and applicable tax. Verify the BIS hallmark and six-digit HUID, keep the invoice and read exchange or buyback terms. For investment, choose the product according to cost, liquidity, custody, regulation, horizon and portfolio purpose rather than a single day’s price movement.
Make the Gold Decision, Not Just the Rate Comparison
The main problem behind a search for today's gold rate is not finding a number; it is deciding what that number means for a real purchase or investment. Correct purity, net weight, transparent charges, hallmark verification and written documentation determine whether the transaction is fair and usable later.
A self-directed purchase can be sensible when the product is simple, the seller is transparent and the amount fits your budget. Expert-assisted investment or tax support may be safer when gold forms a material portfolio allocation, when documentation is incomplete, or when gifting, inheritance or sale creates reporting questions.
At WealthSure, we don’t just file taxes — we simplify your financial journey and help you build long-term wealth with confidence.
Frequently Asked Questions About Today's Gold Rate
What is today’s gold rate in India on 5 August 2026?
The indicative IBJA retail selling rate reported for 5 August 2026 (PM) was ₹14,458 per gram for fine gold 999, ₹14,208 per gram for 22 karat gold, ₹12,956 per gram for 20 karat gold, ₹11,792 per gram for 18 karat gold and ₹9,390 per gram for 14 karat gold. These are indicative reference rates, not a guaranteed final jewellery invoice. A jeweller’s quote can differ because of city, brand, purity, making charges, wastage policy, stone value, GST and the time at which the quote is issued. Always ask for the per-gram rate, net gold weight, purity, making charge and tax to be shown separately.
Why does today’s gold rate differ from one jeweller to another?
Gold rates differ because jewellers may use different benchmark timings, local operating costs, inventory policies, hedging practices and retail margins. The quoted rate may also refer to different purities such as 24K, 22K or 18K. In jewellery, the final payable amount includes more than the metal rate: making charges, permitted wastage or value addition, stone charges and GST can change the bill materially. Compare like with like by checking the same purity, same unit, same timestamp and the same definition of “rate”.
How do I calculate the price of 22K gold jewellery from today’s rate?
Start with the 22K rate per gram and multiply it by the net gold weight. Then add making charges or value addition, add separately stated stone or accessory value where applicable, and calculate GST according to the invoice structure and prevailing rules. For example, if the 22K rate is ₹14,208 per gram and the net gold weight is 8 grams, the basic metal value is ₹1,13,664 before making charges and tax. Ask the jeweller for a line-by-line calculation rather than relying only on the final rounded amount.
Is 24K gold better than 22K gold?
Neither is universally better; the right choice depends on use. 24K gold is higher purity and is commonly associated with bars, coins and investment-grade bullion, but it is softer. 22K gold contains alloying metals that improve strength, making it common for jewellery. For investment, cost, liquidity, authenticity and resale spread matter. For jewellery, design durability, hallmarking, net weight, making charges and buyback terms matter. Compare products based on purpose rather than purity alone.
What is the difference between 22K, 18K and 14K gold rates?
The difference mainly reflects gold content. 22K gold is approximately 91.6% gold, commonly marked 916. 18K gold is 75% gold, commonly marked 750. 14K gold is approximately 58.5% gold, commonly marked 585. Lower-karat jewellery generally has a lower metal value per gram but may be stronger and more suitable for stone-studded designs. The final retail price can still be high if making charges, brand premium or stone value are substantial.
Does today’s gold rate include GST and making charges?
Usually, a displayed gold rate is only the metal reference rate for a stated purity and unit. It generally does not include making charges, wastage or value addition, stone value, delivery charges or GST. The invoice should clearly separate the metal value, net weight, purity, making or labour charge, stone value and tax. Because invoice treatment can depend on how the supply is structured and current GST rules, verify the final bill rather than assuming the headline rate is the amount you will pay.
How can I verify gold purity and HUID before buying?
Check that eligible gold jewellery carries the BIS Standard Mark, the purity in karat and fineness, and a six-digit HUID. Use the Verify HUID feature in the official BIS Care app to check the article details. The bill should state the description, net precious-metal weight, purity in karat and fineness, and hallmarking charges. Consumers can also approach a BIS-recognised Assaying and Hallmarking Centre for testing. Do not rely only on a verbal purity claim or a shop tag.
Should I buy gold today when the price has risen sharply?
A sharp daily move should not by itself determine a long-term purchase. For jewellery required for a near-term event, focus on budget, purity, making charges and transparent billing; staggered buying can reduce timing pressure. For investment, decide the target allocation, product type, investment horizon and liquidity needs before buying. Avoid using emergency funds or borrowing simply because the price is moving. Gold can diversify a portfolio, but it does not guarantee appreciation or income.
What is the best way to track today’s gold rate accurately?
Use a recognised bullion benchmark or exchange reference for the broad market, then obtain a timestamped quote from the jeweller or platform you will actually transact with. Match the purity, unit and time. For physical jewellery, compare the complete invoice rather than only the metal rate. For ETFs, use the exchange-traded price and scheme information. For digital gold, review the provider’s buy and sell prices, spread, custody, redemption and legal terms. Save the quote if the purchase decision is time-sensitive.
Is profit from selling gold taxable in India?
A sale or transfer of gold can create a taxable capital gain, depending on the product, holding period, transaction date, cost, ownership and applicable law. Physical gold, jewellery, coins, digital gold, ETFs and inherited or gifted gold may require different documentation and calculation steps. Keep purchase invoices, bank records, demat statements, gift deeds, inheritance records and sale receipts. Tax rules can change, so obtain a transaction-specific review before filing when the amount or documentation is material.