The gold rate in India today, Thursday June 4, 2026, stands at ₹15,480 per gram for 24K pure gold and ₹12,641 per gram for 22K gold — as updated by MCX and the India Bullion and Jewellers Association (IBJA). For 10 grams (the most common retail weight), 24K gold costs ₹154,800 today. The international gold price driving these rates is $4,482.77 per troy ounce on COMEX, with USD/INR at approximately 95.77.

India Gold Rate Today — All Karats (June 4, 2026)

Here are complete India gold rates for all karat grades as of today, sourced from MCX and IBJA:

Karat Purity Per Gram (₹) Per 10g (₹) Per Tola (₹) Change
24K 99.9% ₹15,480 ₹154,800 ₹180,497 ▼ -79
22K 91.6% ₹12,641 ₹126,410 ₹147,394 ▼ -80
21K 87.5% ₹13,528 ₹135,280 ₹157,736 —
18K 75.0% ₹11,610 ₹116,100 ₹135,373 —
14K 58.3% ₹9,030 ₹90,300 ₹105,290 —
9K 37.5% ₹5,805 ₹58,050 ₹67,686 —

Gold Rate Today — City-Wise Prices Across India

Gold prices vary slightly across Indian cities due to differences in state VAT, local association rates, and transportation costs. Here are today's city-wise rates:

City 24K / gram 22K / gram 24K / 10g
🏛️ Delhi ₹15,480 ₹12,641 ₹154,800
🌆 Mumbai ₹15,530 ₹12,687 ₹155,300
🌇 Chennai ₹15,510 ₹12,669 ₹155,100
🌃 Bangalore ₹15,520 ₹12,678 ₹155,200
🏙️ Hyderabad ₹15,515 ₹12,673 ₹155,150
🌉 Kolkata ₹15,505 ₹12,664 ₹155,050
🏘️ Jaipur ₹15,525 ₹12,682 ₹155,250
🌁 Ahmedabad ₹15,510 ₹12,669 ₹155,100
🏯 Lucknow ₹15,500 ₹12,659 ₹155,000
🌄 Pune ₹15,528 ₹12,685 ₹155,280

India Gold Rate vs International Markets — Comparison Table

How does India's gold price compare globally today? Here is a complete comparison including the reason for price differences:

Country 24K / gram 22K / gram In USD Import Duty
🇮🇳 India ₹15,480 ₹12,641 $161.64 15% (+3% GST)
🇦🇪 UAE AED 529.30 AED 485.19 $144.12 5% (jewellery)
🇸🇦 Saudi SAR 540.47 SAR 495.43 $144.12 15% VAT
🇺🇸 USA $144.12 $132.11 $144.12 0%

Why Did India Gold Price Change Today?

India gold rates are determined by two key factors working together. First, the international COMEX/LBMA spot price — today at $4,482.77/oz — sets the global baseline. Second, the USD/INR exchange rate (currently ~95.77) determines how much the international price costs in rupees. A weaker rupee automatically makes gold more expensive in India even if international prices stay flat.

Today, international gold slipped 0.16% to $4,482.77/oz amid the ongoing US-Iran conflict at the Strait of Hormuz. Despite geopolitical support for gold as a safe haven, fears of prolonged high US interest rates are keeping prices in check.

India also levies a 15% import duty on gold — one of the highest in the world. This is why India's gold price is significantly higher than the simple international conversion would suggest. Add 3% GST on purchase and 5% GST on making charges, and the effective cost for Indian buyers is substantially above the international spot price.

India Gold Rate This Week — Price History

Date 24K (₹/g) 22K (₹/g) 24K / 10g Change
Jun 4, 2026 ₹15,480 ₹14,190 ₹154,800 ▼ -79
Jun 3, 2026 ₹15,559 ₹14,270 ₹155,590 ▼ -87
Jun 2, 2026 ₹15,622 ₹14,320 ₹156,220 +63
Jun 1, 2026 ₹15,559 ₹14,252 ₹155,590 -87
May 31, 2026 ₹15,646 ₹14,330 ₹156,460 +102
May 30, 2026 ₹15,544 ₹14,240 ₹155,440 -55
May 29, 2026 ₹15,599 ₹14,290 ₹155,990 +44

People Also Ask — India Gold Rate Questions

What is gold rate today in India per gram?▼
Today's gold rate in India (June 4, 2026) is ₹15,480 per gram for 24K and ₹12,641 per gram for 22K gold. Per 10 grams, 24K costs ₹154,800 and 22K costs ₹141,900. Note: these are base rates before 3% GST.
Is gold rate same in all cities of India?▼
No. Gold rates vary across Indian cities due to different state VAT rates, local association benchmarks, and transportation costs. Delhi typically has the lowest rates as it is a major bullion trading hub. Mumbai, Hyderabad, and Chennai generally have slightly higher rates. The difference is usually ₹20–₹100 per gram. However, after 3% GST, the effective prices are closer across cities.
Which karat gold is best to buy in India — 22K or 24K?▼
For investment: 24K (99.9% pure) is best — in coins, bars, or Digital Gold. It has the highest resale value per gram. For jewellery: 22K (91.6% purity) is standard — it is hard enough to hold shape in jewellery while containing a high proportion of gold. 18K is used for diamond-studded pieces. For Sovereign Gold Bonds (government-backed), the purity is 24K with a 2.5% annual interest bonus.
Why is gold price higher in India than international price?▼
India charges a 15% import duty on gold (10% customs + 5% AIDC) which is one of the highest in the world. Additionally, 3% GST applies on purchase. This means the effective price Indians pay is approximately 18–20% above the international spot price. For example, if international gold is $144.12/gram, after duty and GST the Indian retail price is roughly ₹15,480/gram — significantly higher.
What is gold rate per tola in India today?▼
One tola equals 11.6638 grams. Today's gold rate per tola in India is approximately ₹180,497 for 24K and ₹147,394 for 22K. The tola is the traditional South Asian unit still used widely in India, Pakistan, and Gulf countries for gold pricing.
Is it a good time to buy gold in India today?▼
Gold at ₹15,480/gram today is near historical highs but about 8–10% below India's January 2026 peak of ~₹17,000/gram. Major global banks forecast international gold reaching $6,000–$6,300/oz by end of 2026, which would push India 24K rates to approximately ₹18,000–₹19,000/gram at current exchange rates. For long-term investors, dollar-cost averaging (buying fixed amounts monthly) is the smartest approach rather than timing the market.
How is gold hallmarked in India? What is BIS hallmark?▼
BIS (Bureau of Indian Standards) hallmarking is now mandatory for all gold jewellery sold in India above specified weights. The BIS hallmark includes: (1) BIS logo, (2) purity/fineness code (e.g., 916 for 22K, 750 for 18K), (3) Hallmarking Centre code, and (4) a 6-digit alphanumeric HUID (Hallmark Unique Identification). Always buy hallmarked jewellery and verify the HUID on the BIS Care App to confirm authenticity.

Best Ways to Buy Gold in India — 2026 Guide

1. Physical Gold (Jewellery): Most traditional method. Buy only BIS-hallmarked jewellery. Always get a receipt showing weight, karat, gold rate, and making charges separately. Making charges vary from 5% to 25% of gold value depending on design complexity — negotiate these.

2. Gold Coins and Bars: Available from banks, post offices, and jewellers. Lower making charges than jewellery. Best for pure investment. MMTC-PAMP India bars (99.99% purity) are widely available and internationally recognized.

3. Sovereign Gold Bonds (SGB): Government of India bonds denominated in grams of gold. Earn 2.5% annual interest ON TOP OF gold price appreciation. Capital gains tax exempt on maturity. Best long-term gold investment option for Indian residents — no storage risk, government guarantee.

4. Gold ETFs: Traded on NSE/BSE. Track 24K gold price. No storage costs, low expense ratio (0.5–1% per year). Requires Demat account. Liquid — can sell instantly during market hours.

5. Digital Gold: Platforms like Groww, PhonePe, Paytm Gold, and Amazon Pay allow buying gold from as little as ₹1. 24K 99.9% purity. Easy to buy and sell. Good for small regular investments.