On June 7, 2026, 24K gold is priced at ₹15,273 per gram, reflecting a decrease of ₹300 from yesterday’s rate. The 22K gold rate stands at ₹14,000 per gram, down by ₹275, while 18K gold is at ₹11,455 per gram, with a ₹225 reduction.
These rates are influenced by global market trends and local demand, with purity levels of 99.9% for 24K, 91.6% for 22K, and 75% for 18K gold.
| Purity | Weight (Gram) | Price (₹) | Change (₹) | Change (%) |
|---|---|---|---|---|
| 24K | 1 | 15,273 | -300 | – |
| 22K | 1 | 14,000 | -275 | – |
| 18K | 1 | 11,455 | -225 | – |
| 24K | 10 | 152,551.00 | -3,189.00 | 2.05 |
| 22K | 10 | 140,346.92 | -2,933.88 | 2.05 |
| 18K | 10 | 114,413.25 | -2,391.75 | 2.05 |
| 24K | 10 | 152,840 | -3,000 | – |
| 22K | 10 | 140,001 | -2,748 | – |
| 24K | 1 | 15,157 | – | – |
| 22K | 1 | 13,884 | – | – |
| 18K | 1 | 11,368 | – | – |
| 24K | 1 | 15,636.00 | -318.00 | 1.99 |
| 22K | 10 | 143,090 | -100 | – |
| 18K | 10 | 117,070 | -90 | – |
The price of 24K gold has seen a significant yearly increase of 60.41% from June 2, 2025, to June 2, 2026, gold’s role as a long-term investment.
Gold Rate Today Across Major Indian Cities (June 7, 2026)
Gold rates in major Indian cities show slight variations today, June 7, 2026, influenced by local demand and transportation costs. For instance, Mumbai and Hyderabad report a 24K gold price of ₹1,56,220 per 10 grams, while Delhi and Indore are slightly higher at ₹1,56,370 per 10 grams.
These city-specific rates are for buyers and investors, reflecting the dynamic nature of the Indian gold market. Chennai, a significant gold trading hub, recorded its 24K gold price at ₹1,55,900 per 10 grams as of June 6, 2026.
| City | 24K Gold Price (₹/10g) | 22K Gold Price (₹/10g) | 18K Gold Price (₹/10g) | Last Updated |
|---|---|---|---|---|
| Mumbai | ₹1,56,220 | ₹1,42,496 | ₹1,16,588 | June 7, 2026 |
| Delhi | ₹1,56,370 | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Hyderabad | ₹1,56,220 | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Bangalore | ₹1,56,220 | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Kolkata | ₹1,56,220 | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Chennai | ₹1,55,900 | ₹1,42,908 | ₹1,16,925 | June 6, 2026 |
| Indore | ₹1,56,370 | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Jaipur | ₹1,56,370 (June 5, 2026) | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Lucknow | ₹1,56,370 (June 5, 2026) | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Pune | ₹1,56,220 (June 5, 2026) | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Ahmedabad | ₹1,56,370 (June 5, 2026) | ₹1,43,090 (June 5, 2026) | ₹1,17,070 (June 5, 2026) | June 7, 2026 |
| Erode | ₹1,58,180 (June 5, 2026) | ₹1,45,000 (June 5, 2026) | ₹1,21,800 (June 5, 2026) | June 7, 2026 |
The gold rates for 22K and 18K purity also vary across cities, with 22K gold typically used for jewellery due to its durability. Buyers should verify current prices with local jewellers, as rates can change throughout the day.
Historical Gold Price Trends in India: 1-Week, 1-Month & 1-Year (2025-2026)
Gold prices in India have shown significant volatility over the past year, with 24-karat gold increasing by 60.41% from June 2, 2025, to June 2, 2026. This upward trend reflects both global influences and local demand factors.
Over the last month, 24-karat gold prices rose by 3.30%, while the past week saw a slight decrease of 1.99% as of June 2, 2026.
| Period | 24K Gold Price (₹/gram) | Change (₹) | Change (%) | Date Range |
|---|---|---|---|---|
| Today (June 7, 2026) | ₹15,255.10 | -₹318.90 | -2.05% | June 7, 2026 |
| Today (June 6, 2026) | ₹15,273 | -₹300 | N/A | June 6, 2026 |
| Today (June 5, 2026) | ₹15,157 | N/A | N/A | June 5, 2026 |
| Today (June 2, 2026) | ₹15,627 | 0.00 | 0.00% | June 2, 2026 |
| 1-Week | ₹15,636.00 | -₹318.00 | -1.99% | May 26, 2026 – June 2, 2026 |
| 1-Month | ₹15,636.00 | +₹500.00 | 3.30% | May 3, 2026 – June 2, 2026 |
| 1-Year | ₹15,636.00 | +₹5,888.70 | 60.41% | June 2, 2025 – June 2, 2026 |
| February 2026 (Average) | ₹15,900 | N/A | N/A | February 2026 |
The significant yearly increase gold’s role as a long-term investment hedge against inflation and economic uncertainties in India.
Understanding Gold Purity: 24K, 22K, and 18K Explained
Gold purity is measured in karats, with 24K representing the purest form of gold at 99.9%. This purity level directly impacts gold’s price, durability, and suitability for various uses like investment or jewellery. The Bureau of Indian Standards (BIS) certifies gold purity in India.
- 24K Gold: This is 99.9% pure gold, considered the purest form available. As of June 7, 2026, 24K gold is priced at approximately ₹15,255 per gram. Its high purity makes IT soft and less suitable for daily wear jewellery, but ideal for investments like coins and bars.
- 22K Gold: Commonly known as “916 gold,” 22K gold contains 91.6% gold and 8.4% other metals like copper or silver. These added metals increase its durability, making IT suitable for traditional Indian jewellery. On June 7, 2026, 22K gold was priced around ₹14,034 per gram.
- 18K Gold: This purity level consists of 75% gold and 25% other metals, offering even greater strength and durability. 18K gold is frequently used for diamond-studded, white gold, and rose gold jewellery designs. As of June 7, 2026, 18K gold was priced at approximately ₹11,441 per gram.
- Purity and Price: Higher karat gold, like 24K, commands a higher price per gram due to its greater gold content. The price difference between 24K, 22K, and 18K gold reflects their respective gold percentages.
- Durability and Use: The addition of alloys in 22K and 18K gold makes them harder and more resistant to scratches and bending compared to 24K gold. This d durability is for intricate jewellery designs worn daily.
- Hallmarking: The Bureau of Indian Standards (BIS) hallmarking system ensures the purity of gold articles sold in India. Hallmarked jewellery carries an engraving indicating its karat purity and the jeweler’s mark.
Understanding these purity levels helps buyers make informed decisions based on their budget and intended use for gold.
Factors Influencing Gold Rates in India (2026)
Several key factors influence gold rates in India, leading to daily fluctuations in 22K and 24K prices. Global economic conditions and domestic demand significantly impact these rates, which are set by the Indian Bullion Jewellers Association (IBJA).
Understanding these influences helps investors and buyers make informed decisions about gold purchases in 2026.
- Global Economic Stability: Gold often safe-haven asset during economic uncertainty. Geopolitical tensions or global financial crises can increase demand for gold, driving up its price.
- Interest Rates: Higher interest rates, such as the RBI’s repo rate at 5.25% as of June 5, 2026, can make fixed-income investments more attractive. This reduces demand for non-yielding assets like gold, potentially lowering its price.
- Inflation: Gold is a traditional hedge against inflation. When inflation rises, the purchasing power of currency decreases, prompting investors to buy gold to preserve wealth, which pushes prices higher.
- Currency Fluctuations: A weaker Indian Rupee (₹) against the US Dollar (USD 1 = ₹95.36 as of June 6, 2026) makes gold imports more expensive. This directly increases the domestic price of gold in India.
- Demand and Supply: High demand during festivals like Diwali and Akshaya Tritiya, or wedding seasons, can temporarily increase gold prices. Supply constraints from mining or imports also affect rates.
- Government Policies: Import duties and other government regulations on gold, including GST at 3% on gold value and 5% on making charges, directly impact its final price for consumers.
- Crude Oil Prices: Rising crude oil prices, which were near $108 per barrel in June 2026, can lead to higher inflation and economic uncertainty. This often boosts gold’s appeal as a safe investment.
These factors interact dynamically, causing the daily changes observed in India’s gold market.
Gold Investment Options in India: Jewellery, Coins, Bars & Digital Gold
Indian investors have various options for gold, from physical forms like jewellery and coins to digital assets like Gold ETFs and Sovereign Gold Bonds. Each option offers distinct benefits for different investment goals, impacting liquidity and storage considerations.
| Investment Type | Purity (Karat) | Key Benefit | Ideal For |
|---|---|---|---|
| Jewellery | 22K, 18K | Cultural significance, consumption, gifting | Weddings, religious gifting, traditional purposes |
| Gold Coins | 24K (99.9% or 999.9 fineness) | Purity, easier to sell than jewellery, can be converted from digital gold | Beginners, direct ownership, systematic saving |
| Gold Bars (Bullion) | 24K (99.9% or 999.9 fineness) | Purity, easier to sell than jewellery, can be converted from digital gold | Direct ownership, larger investments |
| Digital Gold | 24K (99.99%) | Convenience, secure storage, small investment amounts, easy buy/sell/redeem | General Z investors, small, secure purchases, ‘buy the dip’ strategy |
| Gold ETFs (Exchange Traded Funds) | Reflects real gold prices (backed by physical gold) | Liquidity, no storage worries, digital form | Investors seeking liquidity and convenience without physical storage |
| Sovereign Gold Bonds (SGBs) | 24K | Tax-efficient returns, secure investment, offers interest and capital gains | Secure investment, long-term portfolio, tax benefits |
Digital gold and SGBs offer modern, secure ways to invest in gold without the need for physical storage, appealing to diverse investor profiles.
Buying Gold in India: Making Charges, GST & Hallmarking
When buying physical gold in India, the final price includes the gold’s market rate, making charges, and Goods and Services Tax (GST). As of June 2026, GST applies to both the gold value and its making charges.
Understanding these additional costs helps you calculate the true price of your gold purchase.
- Making Charges: These are fees levied by jewelers for designing and crafting gold ornaments. Making charges typically range from 8% to 25% of the gold’s value, varying based on design complexity and jeweler.
- GST on Gold Value: A 3% GST is applied to the prevailing market price of the gold itself. For example, if 10 grams of 24K gold costs ₹1,52,551 (as of June 7, 2026), the GST would be an additional ₹4,576.53.
- GST on Making Charges: A separate 5% GST is applicable on the making charges. If the making charge for an item is ₹10,000, the GST on this component would be ₹500.
- Hallmarking: The Bureau of Indian Standards (BIS) certifies gold purity through hallmarking. This ensures the gold’s authenticity and purity level, such as 91.6% for 22K gold or 99.9% for 24K gold.
- Purity Levels: 24K gold is 99.9% pure and primarily used for investments like bars and coins due to its softness. 22K gold, with 91.6% purity, is commonly used for jewelry because of its added durability from alloy metals.
- Total Cost Calculation: The final price you pay is the sum of the gold’s weight multiplied by its per-gram rate, plus making charges, plus 3% GST on the gold value, plus 5% GST on the making charges.
Always request a detailed bill from the jeweler, clearly itemizing the gold weight, purity, making charges, and GST components.
Gold Rate Calculator: Estimate Your Gold Value (22K & 24K)
Estimating your gold’s value requires knowing its purity (karat) and current market rate. As of June 7, 2026, 24K gold is priced at ₹15,273 per gram, while 22K gold is ₹14,000 per gram. This calculation helps you understand the metal’s intrinsic worth before considering making charges or GST.
The purity of gold significantly impacts its value; 24K gold has 99.9% purity, making IT the most expensive. In contrast, 22K gold, commonly used for jewellery, has 91.6% purity. For example, 10 grams of 24K gold is valued at ₹1,57,090, while 10 grams of 22K gold is ₹1,44,000 (as of June 7, 2026).
To calculate the value, multiply the gold’s weight in grams by the current per-gram rate for its specific karat. Remember to factor in a 3% GST on the gold’s value and a 5% GST on making charges when purchasing. The Bureau of Indian Standards (BIS) certifies gold purity, ensuring accurate valuation.
Key Takeaways
- 24K gold, with 99.9% purity, is priced at ₹15,273 per gram as of June 7, 2026.
- 22K gold, commonly used for jewellery, is priced at ₹14,000 per gram on June 7, 2026.
- A 3% GST applies to the gold’s value, and a 5% GST applies to making charges during purchase.
Verify current gold rates with your preferred jeweller or online portal before making any purchase decisions.
Frequently Asked Questions (FAQs)
What is the gold rate today in India for 24K gold?
As of June 7, 2026, the 24K gold rate in India is approximately ₹15,709 per gram. This reflects almost pure gold (99.9% purity), making IT the highest price per gram. For 10 grams, the price is around ₹1,57,090.
What is the gold rate today in India for 22K gold?
On June 7, 2026, the 22K gold rate in India is approximately ₹14,400 per gram. This gold is 91.6% pure and is commonly used for traditional Indian jewellery. Ten grams of 22K gold costs around ₹1,44,000 today.
How has the 24K gold price changed in India over the last year?
The 24K gold price in India has increased significantly over the last year, rising by 60.41% from June 2, 2025, to June 2, 2026. Prices moved from ₹9,747.30 per gram to ₹15,636.00 per gram during this period. This shows a substantial upward trend in gold value.
What is the difference between 22K and 24K gold?
24K gold is considered the purest form, with 99.9% gold content, making IT softer and more suitable for investment. 22K gold contains 91.6% gold mixed with other metals like copper or silver, increasing its durability for jewellery. The added metals make 22K gold stronger and less prone to bending or scratching.
Why do gold rates change daily in India?
Gold rates in India change daily due to various global and domestic factors, including international gold prices, currency fluctuations (USD to INR), and local demand. Geopolitical events, such as the Iran War impacting crude oil prices near $108 per barrel (as of June 2026), also influence gold’s safe-haven appeal. These factors create constant price movements.
What is the 18K gold rate today in India?
As of June 7, 2026, the 18K gold rate in India is approximately ₹11,782 per gram. This purity level contains 75% gold and is often used for diamond jewellery, white gold, and rose gold designs. IT offers greater durability than 22K or 24K gold.
What factors should I consider when buying gold jewellery in India?
When buying gold jewellery in India, consider the gold’s purity (karat), the daily gold rate, and additional charges like making charges and Goods and Services Tax (GST). Making charges can significantly impact the final price, so compare them across jewellers. Always verify the current gold rate with the seller before purchase.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI) before deciding.