Gold & Silver Price Today in India
Live gold price in India per gram and per 10g, and silver price per kg — based on COMEX international futures converted to INR at the live exchange rate. Interactive charts up to 5 years.
Not investment advice. TopOpenTools is not a SEBI-registered investment adviser. Prices are indicative.
Understanding the Gold & Silver Price Today
This live tracker shows indicative gold and silver prices for India in rupees per gram, per 10 grams, and per kilogram, derived from international COMEX futures converted to INR at the prevailing USD/INR rate. It is built for buyers, sellers, and jewellery shoppers who want a reference spot rate before visiting a jeweller or bank. The figures are indicative and typically delayed by around 15 minutes, so treat them as a benchmark, not a firm quote. Crucially, the displayed spot is not the shop price: Indian retail rates add import duty, 3% GST, and jeweller making charges. This is general market information, not investment advice.
How it works
International bullion trades in US dollars per troy ounce (one troy ounce = 31.1035 grams). To get an Indian per-gram spot, the tool divides the international dollar price per ounce by 31.1035 to get dollars per gram, then multiplies by the current USD/INR exchange rate to convert to rupees. That gives the raw, duty-free spot for 24K (99.9% pure) gold; 22K (91.6% pure, the common jewellery grade) is scaled by 22/24, roughly 0.916 of the 24K rate. Silver follows the same per-gram logic but is usually shown per kilogram because it is far cheaper per gram. Retail prices layer on import duty and 3% GST, plus a jeweller's making charge on ornaments, so the price you pay in a shop is always higher than this spot.
Worked Example
Suppose gold trades at 2,400 US dollars per troy ounce and USD/INR is 83. Per gram in dollars = 2,400 / 31.1035 = about 77.16 dollars. Converted to rupees: 77.16 × 83 = about ₹6,404 per gram for 24K, or roughly ₹64,040 per 10 grams. The 22K jewellery rate is 6,404 × (22/24) = about ₹5,870 per gram. Your jeweller's actual bill would be higher still: add import duty and 3% GST, then a making charge (often 8-20% of metal value), so a 22K ornament could cost noticeably more than this indicative spot.
Tips & Common Mistakes
- The number shown is an indicative spot rate, not a jeweller's quote; expect the shop price to be higher after duty, GST, and making charges.
- Making charges are negotiable and vary widely by design and jeweller, unlike the metal rate and taxes, which are fixed.
- Check purity before you buy: 24K is nearly pure and best for coins or bars, while 22K (91.6%) is standard for ornaments because pure gold is too soft.
- Prices move with both the international bullion price and the USD/INR rate, so a stronger dollar can lift rupee prices even when global gold is flat.
- Local IBJA and city association rates can differ slightly from this COMEX-derived figure due to timing, local premiums, and rounding.
- This is general information, not investment advice; for firm rates on a purchase, confirm with your bank or a BIS-hallmark jeweller.
Sources & Methodology
- →COMEX / CME Group — Gold and Silver futures reference prices (https://www.cmegroup.com)
- →India Bullion and Jewellers Association (IBJA) — daily bullion rates (https://www.ibja.co)
Add the Gold & Silver Price Today to your own website — free
Embed this calculator on your site, blog, or client's page with one line of code. It runs in the visitor's browser, auto-resizes to fit, and needs no signup or API key.
Get the embed codeRelated Investing Tools
Built and maintained by TopOpenTools · Last updated June 2026. These tools provide general estimates for educational purposes only and are not financial, tax, insurance, investment, or medical advice. Verify important decisions with a qualified professional.
Frequently Asked Questions
How is the gold price in INR calculated?
We fetch the COMEX gold futures price in USD per troy ounce (symbol: GC=F) and the live USD/INR exchange rate. The formula is: INR/gram = (USD/oz × USD/INR rate) ÷ 31.1035. For the per-10g price (standard MCX unit), we multiply by 10.
Why does this price differ from the MCX price or jewellery shop rate?
The displayed price is an indicative rate based on COMEX international gold futures converted to INR. Actual MCX rates may vary due to import duties, making charges, GST, and local dealer premiums. Jewellery shop rates will be significantly higher due to making charges.
Is the price real-time?
No. Prices are sourced via Yahoo Finance and are typically delayed by approximately 15 minutes. This tool is for general informational purposes and not for live trading.
What is the standard trading unit for gold in India?
On the MCX (Multi Commodity Exchange of India), the standard lot size for gold futures is 1 kg. However, gold is commonly quoted and traded in units of 10 grams and 1 gram in the retail and jewellery markets.
Is this investment advice?
No. TopOpenTools is not a SEBI-registered investment adviser. Commodity prices are for general information only. Consult a qualified financial professional before investing in gold or silver.