Latest gold price in India: INR 198,563.40
Last Update: 18 May 2024
| Gold price per ounce in India | INR 198,563.40 | 24k | 1 ounce |
| Gold price per gram in India | INR 6,383.96 | 24k | 1 gram |
| Gold price per kilogram in India | INR 6,383,961.44 | 24k | 1 kg |
| Gold price per tola in India | INR 74,461.27 | 24k | 1 tola |
Remarks:
- The gold price is quoted in troy ounce in USD. Other currencies and weights are converted. (1 USD is INR 83.49 on 18 May 2024).
- These rates are for 24k, (karat, or carat) that is a purity of nearly 99.95%, or a fineness of 999.5. (as defined by the LBMA good delivery standard for gold bars).
- About the weights:
- One troy ounce is approx. 31.103 gram. The troy ounce should not be confused with the customary ounce (US) or imperial ounce (UK), which weights a bit less, that is approx. 28.35 gram.
- One troy ounce is approx. 2.667 tola. Tola is a gold weight popular in the Middle East and India.
This article gives an overview about the gold price today in India in Indian rupees in ounce, gram and tola, different karat, history of daily prices in a table, prices in different cities and frequently asked questions.
Contents
- Gold Price in India on 18 May 2024: INR 198,563.40 per Ounce
- 1 Ounce to 1,000 Ounce
- 1 Gram to 1,000 Gram
- 1 Tola to 1,000 Tola
- 24 Karat to 8 Karat per Ounce
- 24 Karat to 8 Karat per Gram
- 24 Karat to 8 Karat per Tola
- What is the Daily Gold Price in India of the Last 30 Days?
- Gold Price in Different Indian Cities: From Mumbai to Jaipur
- Current Market Scenario
- Gold Prices in Other Countries and Currencies
- FAQ
Gold Price in India on 18 May 2024: INR 198,563.40 per Ounce
The Indian relationship with gold is both historical and economically significant. In this guide, we’ll provide a detailed overview of:
- How gold is priced per ounce, gram, and tola in India.
- The variation in prices based on karat, from 8 karat to 24 karat.
- Historical data on daily prices to discern patterns.
- Gold prices in major Indian cities, including Mumbai, Delhi and Bangalore.
Let’s dive into the specifics.
1 Ounce to 1,000 Ounce
What is the price of gold in India for one ounce, two ounces, etc. up to 1,000 ounce?
| Ounce | Gold Price |
|---|---|
| 1 ounce | INR 198,563.40 |
| 2 ounce | INR 397,126.79 |
| 5 ounce | INR 992,816.98 |
| 10 ounce | INR 1,985,633.96 |
| 20 ounce | INR 3,971,267.93 |
| 25 ounce | INR 4,964,084.91 |
| 50 ounce | INR 9,928,169.82 |
| 100 ounce | INR 19,856,339.64 |
| 200 ounce | INR 39,712,679.29 |
| 250 ounce | INR 49,640,849.11 |
| 500 ounce | INR 99,281,698.22 |
| 1000 ounce | INR 198,563,396.44 |
1 Gram to 1,000 Gram
What is the price of gold in India for one gram, two gram, etc. up to 1,000 gram?
| Gram | Gold Price |
|---|---|
| 1 gram | INR 0.00 |
| 2 gram | INR 0.00 |
| 5 gram | INR 0.00 |
| 10 gram | INR 0.00 |
| 20 gram | INR 0.00 |
| 37.5 gram | INR 0.00 |
| 50 gram | INR 0.00 |
| 100 gram | INR 0.00 |
| 200 gram | INR 0.00 |
| 500 gram | INR 0.00 |
| 1000 gram | INR 0.00 |
1 Tola to 1,000 Tola
What is the price of gold in India for one tola, two tola, etc. up to 1,000 tola?
| Tola | Gold Price |
|---|---|
| 1 tola | INR 74,461.27 |
| 2 tola | INR 148,922.55 |
| 5 tola | INR 372,306.36 |
| 10 tola | INR 744,612.73 |
| 20 tola | INR 1,489,225.45 |
| 25 tola | INR 1,861,531.82 |
| 50 tola | INR 3,723,063.64 |
| 100 tola | INR 7,446,127.27 |
| 200 tola | INR 14,892,254.55 |
| 250 tola | INR 18,615,318.18 |
| 500 tola | INR 37,230,636.37 |
| 1000 tola | INR 74,461,272.73 |
24 Karat to 8 Karat per Ounce
What is the price of gold in India for 24 karat, down to 8 karat per ounce?
| Karat | Gold Price |
|---|---|
| 24 karat per 1 ounce | INR 0.00 |
| 22 karat per 1 ounce | INR 0.00 |
| 21 karat per 1 ounce | INR 0.00 |
| 20 karat per 1 ounce | INR 0.00 |
| 18 karat per 1 ounce | INR 0.00 |
| 16 karat per 1 ounce | INR 0.00 |
| 14 karat per 1 ounce | INR 0.00 |
| 12 karat per 1 ounce | INR 0.00 |
| 10 karat per 1 ounce | INR 0.00 |
| 9 karat per 1 ounce | INR 0.00 |
| 8 karat per 1 ounce | INR 0.00 |
24 Karat to 8 Karat per Gram
What is the price of gold in India for 24 karat, down to 8 karat per gram?
| Karat | Gold Price |
|---|---|
| 24 karat per 1 gram | INR 0.00 |
| 22 karat per 1 gram | INR 0.00 |
| 21 karat per 1 gram | INR 0.00 |
| 20 karat per 1 gram | INR 0.00 |
| 18 karat per 1 gram | INR 0.00 |
| 16 karat per 1 gram | INR 0.00 |
| 14 karat per 1 gram | INR 0.00 |
| 12 karat per 1 gram | INR 0.00 |
| 10 karat per 1 gram | INR 0.00 |
| 9 karat per 1 gram | INR 0.00 |
| 8 karat per 1 gram | INR 0.00 |
24 Karat to 8 Karat per Tola
What is the price of gold in India for 24 tola, down to 8 karat per tola?
| Karat | Gold Price |
|---|---|
| 24 karat per 1 tola | INR 0.00 |
| 22 karat per 1 tola | INR 0.00 |
| 21 karat per 1 tola | INR 0.00 |
| 20 karat per 1 tola | INR 0.00 |
| 18 karat per 1 tola | INR 0.00 |
| 16 karat per 1 tola | INR 0.00 |
| 14 karat per 1 tola | INR 0.00 |
| 12 karat per 1 tola | INR 0.00 |
| 10 karat per 1 tola | INR 0.00 |
| 9 karat per 1 tola | INR 0.00 |
| 8 karat per 1 tola | INR 0.00 |
What is the Daily Gold Price in India of the Last 30 Days?
Here is an overview of the historical development of the gold price per ounce of the last 30 days in India. Gold prices are set from Monday till Friday (similar to the stock market). Therefore, weekends list the price of Friday.
Table with the gold price per ounce in Indian rupee in India of the last 30 days:
Gold Price in Different Indian Cities: From Mumbai to Jaipur
Please note, the gold price is the same around the world. Therefore, there should be no differences in the price between countries and cities. In practice, buyers might pay different markups to sellers based on the countries’ conventions.
These are the gold prices in the 10 biggest cities in India:
What is the gold price in Mumbai?
Today’s gold price in Mumbai is INR 198,563.40 for one troy ounce.
What is the gold price in Delhi?
Today’s gold price in Delhi is INR 198,563.40 for one troy ounce.
What is the gold price in Bangalore?
Today’s gold price in Bangalore is INR 198,563.40 for one troy ounce.
What is the gold price in Hyderabad?
Today’s gold price in Hyderabad is INR 198,563.40 for one troy ounce.
What is the gold price in Ahmedabad?
Today’s gold price in Ahmedabad is INR 198,563.40 for one troy ounce.
What is the gold price Chennai?
Today’s gold price in Chennai is INR 198,563.40 for one troy ounce.
What is the gold price in Kolkata?
Today’s gold price in Kolkata is INR 198,563.40 for one troy ounce.
What is the gold price in Surat?
Today’s gold price in Surat is INR 198,563.40 for one troy ounce.
What is the gold price in Pune?
Today’s gold price in Pune is INR 198,563.40 for one troy ounce.
What is the gold price in Jaipur?
Today’s gold price in Jaipur is INR 198,563.40 for one troy ounce.
Current Market Scenario
Current Gold Price in India
As of 18 May 2024, the gold price in India is around INR 198,563.40. This price is subject to fluctuations based on various factors such as supply and demand, economic conditions, and geopolitical events.
Factors Influencing the Price of Gold in India
The price of gold in India is influenced by a multitude of factors. These include the international gold market and the overall economic health. Additionally, factors like mining costs, gold production, and changes in jewelry and industrial demand also play a significant role in determining the gold price trends.
Historical Trends in the Gold Price in India
Historically, the price of gold in India has seen both highs and lows. Over the past decade, gold prices have generally been on an upward trend, with occasional dips. This is largely due to increasing demand, geopolitical tensions, and economic uncertainties. Understanding these historical trends can help in making informed predictions about future gold price trends.
Gold Prices in Other Countries and Currencies
Check out the gold price in all major countries and currencies
Australia and Oceania
🇦🇺 gold price in Australia (Australian dollar) and 🇳🇿 gold price in New Zealand (New Zealand dollar)
Americas
🇦🇷 gold price in Argentina (Argentine peso, ARS), 🇧🇷 gold price in Brazil (Brazilian real, BRL), 🇧🇸 gold price in the Bahamas (Bahamian dollar, BSD), 🇨🇦 gold price in Canada (Canadian dollar, CAD), 🇨🇱 gold price in Chile (Chilean peso, CLP), 🇨🇴 gold price in Colombia (Colombian peso, COP), 🇬🇾 gold price in Guyana (Guyanese dollar, GYD), 🇲🇽 gold price in Mexico (Mexican peso, MXN), 🇵🇦 gold price in Panama (Panamanian balboa, PAB), 🇵🇪 gold price in Peru (Peruvian sol, PEN), 🇵🇷 gold price in Puerto Rico (US dollar, USD), 🇺🇸 gold price in the United States of America (United States dollar, USD) and 🇺🇾 gold price in Uruguay (Uruguayan peso, UYU)
Asia
🇨🇳 gold price in China (Chineses Renminbi, RMB/ Yuan, CNY), 🇭🇰 gold price in Hong Kong (Hong Kong dollar, HKD), 🇯🇵 gold price in Japan (Japanese yen, YEN), 🇮🇳 gold price in India (Indian rupee, INR), 🇮🇩 gold price in Indonesia (Indonesian rupiah, IDR), 🇰🇿 gold price in Kazakhstan (Kazakhstani tenge, KZT), 🇲🇴 gold price in Macau (Macanese pataca, MOP), 🇲🇾 gold price in Malaysia (Malaysian ringgit, MYR), 🇵🇰 gold price in Pakistan (Pakistani rupee, PKR), 🇵🇭 gold price in the Philippines (Philippine peso, PHP), 🇸🇬 gold price in Singapore (Singapore dollar, SGD), 🇰🇷 gold price in South Korea (South Korean wong, KRW), 🇹🇼 gold price in Taiwan (New Taiwan dollar, TWD), 🇹🇭 gold price in Thailand (Thai baht, THB) and 🇻🇳 gold price in Vietnam (Vietnamese dong, VND)
Europe
🇦🇹 gold price in Austria (euro, EUR), 🇧🇪 gold price in Belgium (euro, EUR), 🇨🇿 gold price in the Czech Republic (Czech koruna, CZK), 🇨🇾 gold price in Cyprus (euro, EUR), 🇩🇰 gold price in Denmark (Danish krone, DKK), 🇫🇮 gold price in Finland (euro, EUR), 🇫🇷 gold price in France (euro, EUR), 🇩🇪 gold price in Germany (euro, EUR), 🇬🇷 gold price in Greece (euro, EUR), 🇭🇺 gold price in Hungary (Hungarian forint, HUF), 🇮🇸 gold price in Iceland (Icelandic krona, ISK), 🇮🇪 gold price in Ireland (euro, EUR), 🇮🇹 gold price in Italy (euro, EUR), 🇱🇮 gold price in the Liechtenstein (Swiss Fran, CHF), 🇱🇺 gold price in Luxembourg (euro, EUR), 🇲🇹 gold price in Malta (euro, EUR), 🇲🇨 gold price in Monaco (euro, EUR), 🇳🇱 gold price in the Netherlands (euro, EUR), 🇳🇴 gold price in Norway (Norwegian Krone, NOK), 🇵🇱 gold price in Poland (Polish zloty, PLN), 🇵🇹 gold price in Portugal (euro, EUR), 🇪🇸 gold price in Spain (euro, EUR), 🇸🇪 gold price in Sweden (Swedish krona, SEK), 🇨🇭 gold price in Switzerland (Swiss franc, CHF), 🇺🇦 gold price in Ukraine (Ukrainian hryvnia, UAH) and 🇬🇧 gold price in the United Kingdom (Pound Sterling, GBP)
Middle East and Africa
🇦🇪 gold price in Abu Dhabi (Emirati dirham, AED), 🇩🇿 gold price in Algeria (Algerian dinar, DZD), 🇧🇭 gold price in Bahrain (Bahraini dinar, BHD), 🇦🇪 gold price in Dubai (Emirati dirham, AED), 🇪🇬 gold price in Egypt (Egyptian pound, EGP), 🇰🇼 gold price in Kuwait (Kuwaiti dirham, KWD), 🇮🇱 gold price in Israel (Israeli new shekel, ILS), 🇯🇴 gold price in Jordan (Jordanian dinar, JOD), 🇴🇲 gold price in Oman (Omani rial, OMR), 🇶🇦 gold price in Qatar (Qatari riyal, QAR), 🇸🇦 gold price in Saudi Arabia (Saudi riyal, SAR), 🇿🇦 gold price in South Africa (South African rand, ZAR), 🇹🇷 gold price in Turkey (Turkish lira, TRY) and 🇦🇪 gold price in the United Arab Emirates (Emirati dirham, AED)
FAQ
What is the gold price in India?
The gold price in India currently is INR 198,563.40 for one ounce, INR 6,383.96 for one gram and INR 74,461.27 for one tola. (This price is from 18 May 2024.)
भारत में सोने की कीमत क्या है?
वर्तमान में भारत में सोने की कीमत एक औंस के लिए INR 198,563.40, एक ग्राम के लिए INR 6,383.96 और एक ग्राम के लिए INR 74,461.27 एक तोला के लिए। (यह कीमत 18 May 2024 से है।)
ভারতে সোনার দাম কত?
ভারতে বর্তমানে সোনার দাম এক আউন্সের জন্য INR 198,563.40, INR 6,383.96 এক গ্রামের জন্য এবং INR 74,461.27 এক তোলার জন্য। (এই মূল্য 18 May 2024 থেকে নেওয়া হয়েছে।)
ਭਾਰਤ ਵਿੱਚ ਸੋਨੇ ਦੀ ਕੀਮਤ ਕੀ ਹੈ?
ਭਾਰਤ ਵਿੱਚ ਇਸ ਸਮੇਂ ਸੋਨੇ ਦੀ ਕੀਮਤ ਇੱਕ ਔਂਸ ਲਈ INR 198,563.40, ਇੱਕ ਗ੍ਰਾਮ ਲਈ INR 6,383.96 ਅਤੇ INR 74,461.27 ਇੱਕ ਤੋਲੇ ਲਈ. (ਇਹ ਕੀਮਤ 18 May 2024 ਤੋਂ ਹੈ।)
What is the gold rate in Indian rupee?
The gold rate in Indian rupee is INR 198,563.40 for one ounce, INR 6,383.96 for one gram; as per 18 May 2024.
What is the 24 Karat gold price in India?
24 karat gold is considered pure gold. This is the same as the quoted gold price: INR 198,563.40 for one ounce, INR 6,383.96 for one gram and INR 74,461.27 for one tola. (This price is from 18 May 2024.)
What is the 1 tola gold price in India?
INR 74,461.27 cost one tola of pure gold in India. (This price is from 18 May 2024.) One tola is equivalent to approximately 11.6638038 grams. The price would be based on the current rate per gram, which changes regularly. For an exact figure, refer to a reliable financial resource.What is the 10 gram gold price in India?
The price for 10 grams of gold in India is INR 63,839.61. (This price is from 18 May 2024.) It can be determined by checking the current price per gram and multiplying by 10.
What is the 1 gram gold price in India?
The 1 gram gold price in India is INR 6,383.96. (This price is from INR 6,383.96.) The 1 gram gold price fluctuates daily based on market demand, currency strength, and other economic factors.
What is the 100 gram gold price in India?
For 100 grams, simply multiply the current price of 1 gram by 100, which is INR 638,396.14. (This price is from 18 May 2024.) A real-time gold price source would be the best place to get this information.
How is the gold price determined in India?
Gold prices in India are based on the global gold price, which is set by several banks and institutions (see also LMBA Fix in the UK and CME in the United States.) from Monday till Friday. economic conditions, domestic demand, and other financial market activities. Factors like global geopolitical events, the strength of the INR, and interest rates play significant roles.
What role does The Reserve Bank of India have in influencing the gold prices in India?
The Reserve Bank of India, or the central bank of India, holds gold reserves. Any announcement or activity related to buying or selling these reserves can influence market sentiments and, indirectly, gold prices.
How does the gold price in India compare to other countries?
Gold prices in India are based on the global gold price, which is set by several banks and institutions (see also LBMA Fix in the UK and CME in the United States.) from Monday till Friday. economic conditions, domestic demand, and other financial market activities. Factors like global geopolitical events, the strength of the INR, and interest rates play significant roles.
Do the Indian cities like including Mumbai, Delhi or Bangalore have different gold prices?
Gold prices generally remain consistent across the country. Therefore, everywhere in India the gold price is the same. Fluctuations are explained by the markup of the gold dealer and a higher premium for certain gold coins and coins of smaller denominations.