Here is an overview of gold rates today in India.
What are 14K, 18K, and 24K Gold?
- 24-karat (24K): It consists of about ~99.9% gold and is very soft and malleable. This gold is the purest. It is mostly used for coins and bars. It is less used for intricate jewellery design because of its softness.
- 18-karat (18K): It contains 75 % gold. It is even more durable and allows for a more ornate design. It is often used for jewellery that needs strength / more alloy for design or colour variation.
- 14-karat (14K): It consists of about ~~58.3% gold. It is still used especially outside India for jewellery that demands durability, lighter cost or certain design features. The demand for 14K is less compared to 22K/24 K, but it is seeing increasing interest for fashion jewellery or lower-cost items.
Todayโs 14K, 18K, 24K Gold Rates (Approximate)
Here are the recent rates per gram for different karats in India (these figures change daily):
Purity Approx. Price per Gram (India)
24K ~ โน11,258 / g
18K ~ โน8,444 / g
14K Not always listed in many sources; roughly proportionally lower (because 14K is ~58-60% gold)โif you scale from 24K โ 14K, expect somewhere around โน6,500-โน7,000 / g depending on the city, making charges, etc. (This is an estimate because many jewellers do not quote 14K explicitly)
Notes:
- The making charges, GST, or any local additional charges are not included in the quoted rates. So, the price that is paid for jewellery will be higher.
- Rates vary between cities (e.g., Delhi, Mumbai, Jaipur, Varanasi) by a small amount due to local taxes, supply, and jeweller makeup.
- Recent Trends
There is a gradual increase in gold prices. It is influenced by global metal prices, exchange rates (especially USD/INR), import duties, inflation pressure, and demand (wedding/festivals).
The incremental daily changes are small per gram (a few tens of rupees), but they are added up in case of 10 grams or larger quantities.
To know more about current updates, checkout India focus daily news for more gold updates and currency exchanges rates.