Gold Rate Today in India: 24K, 22K, 18K and Silver

IBJA's benchmark rate for every purity and weight, checked against gold ETFs and RBI; what a jeweller will charge you; and gold prices since 2015 from RBI's own notices.

The words on this page, explained simply

New to this? Here is what each term means, in plain English.

Gold purity (karat)

How much of the metal is pure gold. 24K (marked 999) is 99.9% gold; 22K (916) is 91.6%; 18K (750) is 75%. The rest is other metals that make jewellery harder. A 22K gram is worth 0.916 of a 24K gram.

Making charges

What a jeweller charges for turning gold into jewellery, on top of the price of the gold. It changes with the design and the jeweller, so ask before you buy.

GST on gold

3% on gold, coins and jewellery, charged on the whole bill including making charges: ₹3,000 on a ₹1 lakh bill. No GST when you, as an individual, sell your old gold.

HUID (hallmark code)

A six-character code stamped on hallmarked jewellery by the Bureau of Indian Standards. Type it into the BIS CARE app to see the piece's purity and the jeweller who sold it.

Sterling silver (925)

Silver that is 92.5% pure, with copper added to make it hard enough for jewellery. It is priced at 0.925 of the fine (999) silver rate: at ₹180 a gram for fine silver, sterling is ₹166.50.

Gold ETF

A fund traded on the stock exchange where each unit is backed by a fixed amount of real 24K gold held in a vault. Its value moves with the gold price every day, which is how the calculator knows the previous evening's rate.

RBI's gold reference price

The price RBI pays when Sovereign Gold Bonds are redeemed: the average closing price of 24K gold over the previous three business days, as published by the India Bullion and Jewellers Association. Official, but a few days old, so we use it to check the gold ETF price below.

The rate on this page is the India Bullion and Jewellers Association's (IBJA) benchmark for 999 gold, published every weekday morning and evening. It is the rate RBI uses to price Sovereign Gold Bonds. It does not include GST or making charges, so it is the price of the metal, not what a shop will bill you.

Gold rate for every purity, 12 Nov 2026

24K is 999 gold, used for coins and bars. 22K (916, 91.6% gold) is the usual purity of jewellery; 18K (750) is used for diamond and lightweight jewellery. Lower purities are priced from the 24K rate by their gold content, the way IBJA states its 916, 750 and 585 rates. Rates are before 3% GST and making charges.

Silver rate today, 12 Nov 2026

IBJA's evening rate for 999 silver. Sterling silver (925) is priced by its silver content. Silver jewellery, coins and utensils carry 3% GST and making charges on top: silver bill calculator.

Today's rate, checked three ways

Before a rate is shown here it must agree with a second, independent price: within 1.5% of the MCX spot fix the same day, or of the price implied by the gold ETFs. The ETF price comes from the closing value AMFI publishes for every gold ETF each evening, divided by the gold each unit holds (worked out from RBI's own gold price). RBI's figure is an average of earlier days, so it lags when gold moves fast.

Gold and silver rate in the last 10 days

Strota's record of IBJA's closing rate each weekday (the evening rate; the morning rate until the evening one is out), kept since 11 November 2026. IBJA publishes no rates at weekends. Download the whole series as CSV.

Gold price in India since 2015

₹1 lakh of 24K gold bought on 21 Oct 2016 would be worth about ₹4,57,899 at today's rate, 16.3% a year. That is the metal's value only: jewellery bought then also paid making charges and GST, which are not returned when you sell, so its owner made less.

Gold rate at the end of each year

From RBI's 283 Sovereign Gold Bond issue and redemption notices since 3 Nov 2015. Each states a price for a gram of 999 gold: the average of IBJA's closing rate over the three business days before (the week before, in older notices). The last row runs to today's rate. 22K is the 24K price × 0.916.

Why your jeweller's rate is different

Jewellers and city jewellers' associations set their own board rates each morning, starting from the benchmark and adding their margin and costs. That is why Chennai, Kerala and Mumbai boards can differ by a few rupees a gram. The bigger difference is on the bill: making charges (a percentage of the gold value or a fixed amount a gram, set by each shop and design) and 3% GST on the gold and the making together. Compare shops on the final bill for the same weight and purity, not on the board rate.

When you sell or exchange old gold, you are paid for its gold content at the day's rate, less any deduction the jeweller makes. The making charges and GST you paid are not returned.

Checking purity: the hallmark

Hallmarked gold jewellery carries the BIS mark, its purity in carats and fineness (for example 22K916) and a six-digit alphanumeric HUID code. You can check a HUID in the BIS CARE app. Pay the 22K rate only for jewellery marked 22K916.

Frequently asked questions

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