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Gold continues to remain a trusted investment option for Indian households. Known for being a solid hedge against inflation, it has proven to protect wealth over the long term. With changing economic conditions and rising global demand, many investors are now closely monitoring daily gold rates to make informed buying decisions.
These rates are updated as of today and are sourced from reputed jewellers across India. It’s important to note that actual prices may vary slightly based on the city, jewellery brand, and making charges.
Gold Price in India Today – [May 12, 2025]
The gold price in India today stands at:
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24 Carat Gold (999 purity) – ₹9,688 per gram
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22 Carat Gold – ₹8,880 per gram
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18 Carat Gold – ₹7,266 per gram
Gold Rates in Major Cities :-
| City | 22K Gold (₹/gram) | 24K Gold (₹/gram) | 18K Gold (₹/gram) |
|---|---|---|---|
| Chennai | ₹8,880 | ₹9,688 | ₹7,320 |
| Mumbai | ₹8,880 | ₹9,688 | ₹7,266 |
| Delhi | ₹8,895 | ₹9,703 | ₹7,278 |
| Kolkata | ₹8,880 | ₹9,688 | ₹7,266 |
| Bangalore | ₹8,880 | ₹9,688 | ₹7,266 |
| Hyderabad | ₹8,880 | ₹9,688 | ₹7,266 |
| Kerala | ₹8,880 | ₹9,688 | ₹7,266 |
| Pune | ₹8,880 | ₹9,688 | ₹7,266 |
| Vadodara | ₹8,885 | ₹9,693 | ₹7,270 |
| Ahmedabad | ₹8,885 | ₹9,693 | ₹7,270 |
| Jaipur | ₹8,895 | ₹9,703 | ₹7,278 |
| Lucknow | ₹8,895 | ₹9,703 | ₹7,278 |
| Coimbatore | ₹8,880 | ₹9,688 | ₹7,320 |
| Madurai | ₹8,880 | ₹9,688 | ₹7,320 |
| Vijayawada | ₹8,880 | ₹9,688 | ₹7,266 |
| Patna | ₹8,885 | ₹9,693 | ₹7,270 |
| Nagpur | ₹8,880 | ₹9,688 | ₹7,266 |
| Chandigarh | ₹8,895 | ₹9,703 | ₹7,278 |
| Surat | ₹8,885 | ₹9,693 | ₹7,270 |
| Bhubaneswar | ₹8,880 | ₹9,688 | ₹7,266 |
1. How much gold is in 1 kg ?
One kilogram (kg) of gold equates to 1,000 grams. In terms of troy ounces, which is the standard measurement for precious metals, 1 kg equals approximately 32.1507 troy ounces.
2. What is the price of 1 gram of gold?
As of May 11, 2025, the gold prices in India are:
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24 Karat Gold: ₹9,868 per gram
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22 Karat Gold: ₹9,045 per gram
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18 Karat Gold: ₹7,401 per gram
Please note that these prices are indicative and can vary based on the city, jeweller, and market fluctuations.
3. Where is gold the cheapest ?
Gold prices can vary globally due to factors like taxes, import duties, and local demand. Historically, countries like Hong Kong and Dubai have offered gold at lower prices compared to others. For instance, in Dubai, the cost of one gram of 24-carat gold stood at INR 7,857, which is lower than in India.
4. How to calculate gold price ?
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Determine the current gold rate per gram for the desired purity (e.g., 22K or 24K).
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Multiply this rate by the weight of the gold item in grams.
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Add making charges, which are the costs associated with crafting the jewelry.
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Include applicable taxes, such as GST.
Formula:
Price = (Gold Rate per gram × Weight) + Making Charges + Taxes
For example, if the gold rate is ₹9,045 per gram for 22K gold, and you’re purchasing a 10-gram piece:
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Gold cost: ₹9,045 × 10 = ₹90,450
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Add making charges and taxes as applicable.
5. Can I buy gold from Dubai ?
Yes, Indian citizens can purchase gold from Dubai. However, there are regulations regarding the amount of gold you can bring into India:
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Men: Up to 20 grams of gold valued at a maximum of ₹50,000.
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Women: Up to 40 grams of gold valued at a maximum of ₹1,00,000.
Duty-Free Allowance:
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If you exceed these limits, customs duties will apply. It’s essential to declare any gold exceeding the duty-free allowance to customs officials upon arrival in India.