Gold is ₹14,943 a gram for 24 carat and ₹13,688 a gram for 22 carat, which is ₹1,49,430 and ₹1,36,878 per 10 grams on the IBJA afternoon fix of 9 Oct 2026. That is up 1.21% on the previous session. Add 3% GST and the jeweller's making charge to reach a bill.
Checked at source 9 Oct 2026·India Bullion and Jewellers Association (IBJA)
Gold rate today by purity
The IBJA fix is the rate an Indian jeweller prices against and the rate a lender values gold at. It is the metal alone: 3% GST and the making charge land on top of it before anything reaches a bill.
Checked at source 9 Oct 2026·India Bullion and Jewellers Association (IBJA)
Gold price, session by session
IBJA fixes twice a trading day, morning and afternoon, and publishes both. A piece quoted at eleven and the same piece quoted at four can sit on different fixes.
Checked at source 9 Oct 2026·India Bullion and Jewellers Association (IBJA)
Gold over five years, in rupees
Checked at source 29 Sep 2026·LBMA benchmark prices, converted at ECB reference rates
Checked at source 29 Sep 2026·COMEX front-month converted at USD/INR spot
Gold year by year
Checked at source 29 Sep 2026·COMEX front-month converted at USD/INR spot
Why published gold rates disagree
On the morning of 9 September 2026, eight sites ranking for gold in Mumbai quoted 24-carat gold at figures between ₹14,970 and ₹15,924 a gram — a spread of over 6% on the same metal on the same day. None of them was lying. They were quoting different things: a spot conversion, a jeweller’s own board rate, an association rate carrying a local premium, and in some cases a figure that had not been refreshed since the previous session.
There is one number that is not a matter of opinion, and it is the IBJA fix. It is what banks use to value gold pledged against a loan, what customs uses for tariff valuation, and what a jeweller’s board is set from. Every figure on this page is that fix, dated, with the session it came from.
Gold rate by city
The metal price is national. What changes between cities is the making charge, the dealer premium on small pieces, and how much competition there is — which the count of BIS-recognised hallmarking centres measures directly.
Checked at source 9 Sep 2026·huid.manakonline.in
The routes into gold, compared on cost
The cost that decides the outcome is almost never the rate. It is the making charge on jewellery, the spread on digital gold and the expense ratio on a fund.
Owning gold without taking delivery of it
Checked at source 10 Oct 2026·portal.amfiindia.com
What gold’s own numbers imply from here
Realised volatility over the last year is 26.9% annualised. Applied to the fix of ₹1,49,430, that puts about two years in three inside these bounds.
How gold has moved by month
Average move from the first close of the month to the last, over every complete month in the five-year series.
Checked at source 29 Sep 2026·Computed from five years of daily closes
Tax when you sell gold
Checked at source 17 Aug 2026·Income Tax Act, as amended by the Finance Act
Gold against silver
Both legs are the IBJA fix for the same session, so the ratio moves only when one metal moves against the other.
Common questions
What is the 24 carat gold rate in India today?
Gold of 999 fineness is ₹14,943 a gram, or ₹1,49,430 per 10 grams, on the IBJA fix of 9 Oct 2026. That figure excludes 3% GST.
What is the 22 carat gold rate in India today?
Gold of 916 fineness is ₹13,688 a gram, or ₹1,36,878 per 10 grams. It is 91.6% gold, which is why it is 8.4% below the 24 carat rate.
What does one tola of gold cost in India?
A tola is 11.66 grams, so 24 carat gold works out at ₹1,74,292 and 22 carat at ₹1,59,652, before GST.
Why does the gold rate in India differ from the price a jeweller quotes?
The fix is the metal alone. A bill adds 3% GST and a making charge, which on jewellery commonly runs between 8% and 25% of the metal value depending on the design, and is not recovered when the piece is sold back.
Does the gold rate change by city?
IBJA fixes one rate for India and it is the rate lenders and jewellers price against. What changes locally is the making charge, the dealer premium on small pieces and how much competition there is: India has 0 BIS-recognised assaying and hallmarking centres.
Has gold gone up or down over the last year?
Gold is up 17.7% over twelve months, and up 208.5% over five years, measured in rupees.
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