What’s the Gold Price Today
| Gold Weight | 22 Carat Gold | 24 Carat Gold |
| 1 gram | ₹8,253 | ₹9,002 |
| 10 gram | ₹82,533 | ₹90,023 |
| 100 gram | ₹8,25,330 | ₹9,00,230 |
| 1 Kilogram | ₹82,53,300 | ₹90,02,300 |
10 gram Gold Rate in India – 28th March, 2025
| Date | 22 Carat | 24 Carat | ||
| Gold Rate Today | Change % | Gold Rate Today | Change % | |
| Mar 28, 2025 | ₹82,533 | 0.49% | ₹90,023 | 0.49% |
| Mar 27, 2025 | ₹82,133 | 0.15% | ₹89,583 | 0.15% |
| Mar 26, 2025 | ₹82,013 | -0.36% | ₹89,783 | -0.37% |
| Mar 25, 2025 | ₹82,313 | -0.23% | ₹89,783 | -0.23% |
| Mar 24, 2025 | ₹82,463 | -0.01% | ₹89,993 | -0.01% |
| Mar 23, 2025 | ₹82,473 | -0.47% | ₹90,003 | -0.42% |
| Mar 22, 2025 | ₹82,863 | -0.50% | ₹90,383 | -0.51% |
| Mar 21, 2025 | ₹83,283 | 0.24% | ₹90,843 | 0.24% |
| Mar 20, 2025 | ₹83,083 | 0.48% | ₹90,623 | 0.48% |
| Mar 19, 2025 | ₹82,683 | 0.51% | ₹90,183 | 0.51% |
| Mar 18, 2025 | ₹82,263 | -0.12% | ₹89,723 | -0.12% |
| Mar 17, 2025 | ₹82,363 | -0.01% | ₹89,833 | -0.01% |
| Mar 16, 2025 | ₹82,373 | -0.13% | ₹89,843 | -0.13% |
| Mar 15, 2025 | ₹82,483 | 1.35% | ₹89,963 | 1.35% |
| Mar 14, 2025 | ₹81,383 | 0.68% | ₹88,763 | 0.68% |
| Mar 13, 2025 | ₹80,833 | 0.58% | ₹88,163 | 0.58% |
| Mar 12, 2025 | ₹80,363 | -0.40% | ₹87,653 | -0.40% |
| Mar 11, 2025 | ₹80,683 | 0.15% | ₹88,003 | 0.15% |
| Mar 10, 2025 | ₹80,563 | -0.01% | ₹87,873 | -0.01% |
| Mar 09, 2025 | ₹80,573 | 0.64% | ₹87,883 | 0.64% |
| Mar 08, 2025 | ₹80,063 | -0.37% | ₹87,323 | -0.38% |
| Mar 07, 2025 | ₹80,363 | -0.58% | ₹87,653 | -0.58% |
| Mar 06, 2025 | ₹80,833 | 0.69% | ₹88,163 | 0.69% |
| Mar 05, 2025 | ₹80,283 | 0.90% | ₹87,563 | 0.90% |
| Mar 04, 2025 | ₹79,563 | 0.00% | ₹86,783 | 0.00% |
| Mar 03, 2025 | ₹79,563 | -0.01% | ₹86,783 | -0.01% |
| Mar 02, 2025 | ₹79,573 | -0.24% | ₹86,793 | -0.24% |
| Mar 01, 2025 | ₹79,763 | -0.62% | ₹87,003 | -0.62% |
Reason for High Gold Price
Uncertainty in the economy is one of the main reasons for the high price of gold, although gold is the safest thing when the economy is unstable, people lean towards gold counting assets and the price is higher.
“Worth Your Weight in Gold” Why?
Gold is inevitable in today’s era, as gold prices are shining today it fosters people to consider gold as a future financial backup. Today the gold price is getting higher.
We can also say, “Aaj Ka Sone Ka Bhav Aasman Pe“, which is relevant to financial security for the near future, if you have purchased, however, the rest of the people can struggle to buy gold.
Gold History of India
Gold is an inevitable, yellow metal, also in history, it was renowned as a “Swarna”.
It was counted as captivating, ideal, and valuable thighs for gifts. Devotees considered gold important and gave the maximum amount of gold in temples considering religious sentiment.
- Prior, to the pre-independence era, gold was a crucial currency, as it was considered a currency value called the “gold standard”. As money was connected to gold, the gold price did not change as much.
- After 1947, the economic period had started and also strict rules regarding gold were made by the government, resulting in a high gold price.
- In, the liberalization era, of 1991, due to market changes gold counted as more flexible and provided more significance, allowing it to be higher and more demandable in consumers.
- Focusing on the 2000 era, owing to China’s quick economic growth and the 2008 crisis led the gold rate to surge.
Indian 24 Carat Gold Rates History (YOY)
| Year | Gold Price | YOY Change | 5 Year Change | 10 Year Change |
| 2024 | ₹78,183 | 19.67% | ||
| 2023 | ₹65,330 | 24.04% | ||
| 2022 | ₹52,670 | 8.11% | ||
| 2021 | ₹48,720 | 0.14% | ||
| 2020 | ₹48,651 | 38.13% | 84.68% | 162.98% |
| 2019 | ₹35,220 | 12.03% | ||
| 2018 | ₹31,438 | 5.97% | ||
| 2017 | ₹29,667 | 3.65% | ||
| 2016 | ₹28,623 | 8.65% | ||
| 2015 | ₹26,343 | -5.94% | 42.40% | |
| 2014 | ₹28,006 | -5.38% | ||
| 2013 | ₹29,600 | -4.67% | ||
| 2012 | ₹31,050 | 17.61% | ||
| 2011 | ₹26,400 | 42.70% | ||
| 2010 | ₹18,500 | 27.59% | 164.29% | 320.45% |
| 2009 | ₹14,500 | 16.00% | ||
| 2008 | ₹12,500 | 15.74% | ||
| 2007 | ₹10,800 | 54.29% | ||
| 2006 | ₹8,400 | 43.59% | ||
| 2005 | ₹7,000 | 19.66% | 59.09% | |
| 2004 | ₹5,850 | 4.46% | ||
| 2003 | ₹5,600 | 12.22% | ||
| 2002 | ₹4,990 | 16.05% | ||
| 2001 | ₹4,300 | -2.27% | ||
| 2000 | ₹4,400 | 3.92% | -5.98% | 37.50% |
| 1999 | ₹4,234 | 4.67% | ||
| 1998 | ₹4,045 | -14.39% | ||
| 1997 | ₹4,725 | -8.43% | ||
| 1996 | ₹5,160 | 10.26% | ||
| 1995 | ₹4,680 | 1.78% | 46.25% | |
| 1994 | ₹4,598 | 11.06% | ||
| 1993 | ₹4,140 | -4.48% | ||
| 1992 | ₹4,334 | 25.04% | ||
| 1991 | ₹3,466 | 8.31% | ||
| 1990 | ₹3,200 | 1.91% | 50.23% | 140.60% |
| 1989 | ₹3,140 | 0.32% | ||
| 1988 | ₹3,130 | 21.79% | ||
| 1987 | ₹2,570 | 20.09% | ||
| 1986 | ₹2,140 | 0.47% | ||
| 1985 | ₹2,130 | 8.12% | 60.15% | |
| 1984 | ₹1,970 | 9.44% | ||
| 1983 | ₹1,800 | 9.42% | ||
| 1982 | ₹1,645 | -1.50% | ||
| 1981 | ₹1,670 | 25.56% | ||
| 1980 | ₹1,330 | 41.94% | 146.30% | 622.83% |
| 1979 | ₹937 | 36.79% | ||
| 1978 | ₹685 | 40.95% | ||
| 1977 | ₹486 | 12.50% | ||
| 1976 | ₹432 | -20.00% | ||
| 1975 | ₹540 | 6.72% | 193.48% | |
| 1974 | ₹506 | 81.69% | ||
| 1973 | ₹278.5 | 37.87% | ||
| 1972 | ₹202 | 4.66% | ||
| 1971 | ₹193 | 4.89% | ||
| 1970 | ₹184 | 4.55% | 156.45% | |
| 1969 | ₹176 | 8.64% | ||
| 1968 | ₹162 | 58.05% | ||
| 1967 | ₹102.5 | 22.39% | ||
| 1966 | ₹83.75 | 16.72% | ||
| 1965 | ₹71.75 | 13.44% | ||
| 1964 | ₹63.25 | 0.00% |
One of the reasons for the increment in “Sone Ka Bhav” is the difference between the Indian rupee and the US Dollar difference. In addition, when Indian rupees get stronger in contrast to the US Dollar, gold prices tend to be low, in sharp contrast, the US Dollar’s powerfulness paves gold prices to be up.
Which One is Best to Purchase: Gold ETF or Gold?
Generally, gold and gold ETFs both are important and provide future benefits.
An ETF (Exchange-Traded Fund) is a way to invest in a gold company through a mutual funds scheme, processing buy and sell some amount of units through a demat account.
Gold ETF
- Additionally, Gold ETF is a financial product that is supported by physical gold.
- Gold ETFs are introduced as safer than physical ones due to not having risk.
- It enhanced the portfolio especially, during the unstable economy.
- Gold ETF can be bought in small pieces and also be soured as per market fluctuation.
- They come with lower management fees compared to other gold investment options.
Gold
- Gold is a tangible asset as it allows you to have it with you and can be worn at family functions, receiving compliments.
- Gold has been a trusted way to preserve wealth for thousands of years, especially during times of economic instability or inflation.
- Gold investment encourages future generations to keep gold significance in mind.
Gold Taxes
Initially, gold rates are continuously boosted in Ahmedabad, it is compulsory to pay a calculated tax on buying gold of more than Rs 30 lakh, afterwards, it does not matter from where, why, and when you purchased gold.
Further, according to the Indian tax act, the gold selling process takes 20% tax and 4 % “cess”, in addition, 20 % amount would be deducted for tax, and an additional 4% amount would be considered on tax called “cess”.
- Overall, 20.8% tax will be allocated to gold, though it’s not for short-term gold investment.
- A 3% GST is Measured on Rs 1,00,000 gold investment, and its value will be Rs 1,15,000.
- A 1% TDS shall also be enumerated on a one lakh gold investment.
- An example, If you buy gold for ₹2 lakh, the TDS will be ₹2,000 (1% of ₹2 lakh). This amount is deducted at the time of the purchase.
How to Calculate the Gold Rate?
In order to find out the gold’s actual price, multiply the current price per gram of gold.
Final price of (22 or 18 K) gold multiplied by the weight in grams + making charges + GST on the price of jewelry + making charges
For Example
- If the gold rate today for 10 grams of 22 karats of pure gold is Rs 77,000, 1 gram of gold will be Rs 7000, and 2 grams of gold will be Rs 14,000.
- You have purchased 7 grams of gold, a calculation is current price * weight of gold (7000*7) = 49, 000, though it is not the final price.
- If the making charges are 10% of the gold price, it is Rs 7,700.
- The total price becomes INR 49,000 + 7,700 = Rs 56,700.
- Afterwards, on your 56,700 GST would be added 3%
- 56,700*3%= 1,701.
- The final price is 49,000+ 7,700+ 1,701= Rs 58401
Necessary Things to be Focused on Gold Investment?
Purity
First and foremost, purity checking, during gold investment plays a pivotal role, especially in karat. Normally, there are 3 major purity of gold: 18 karat, 22 karat, and 24 karat.
- 18-karat gold is a mixture of 75% gold, 15% silver and 10% copper.
- 22 karat gold comprises 91.70% of gold, 5% silver, 2% copper and 1.30% zinc.
- 24 karat gold is considered 99.9% gold, showing the importance of karat amongst all.
Hallmarking
The Bureau of Indian Standards is responsible for all the rules and regulations regarding gold purity and quality. Moreover, Hallmarking is an essential process related to quality and purity checking at a BIS.
BIS approval provides a hallmarking logo and represents the jeweler’s ID.
Weight of gold
Gold weight is essential during buying gold, as it has 0.25 grams to 100 grams, however, the majority of individuals have a 1g gold investment.
Marking charges on gold
It is necessary to deduct marking charges of gold by gold jewelers. How much charges are going to be cut, things should be noticed by individuals. Normally, 8 to 16% charges are cut for crafting and shining gold.
To cite an example, If one has bought Rs 7000 gold, the resulting Rs 840 would be an additional charge on the gold amount.
Top 10 Countries With Highest Gold Reserves 2024
| Rank | Countries | Tonnes |
| 1 | United States of America | 8134 |
| 2 | Germany | 3352 |
| 3 | Italy | 2452 |
| 4 | France | 2437 |
| 5 | China | 2279 |
| 6 | Switzerland | 1040 |
| 7 | India | 876 |
| 8 | Japan | 846 |
| 9 | Netherlands | 612 |
| 10 | Poland | 448 |
Conclusion
Today the gold rate is top-notch due to high demand, gold is selected as the top choice of individuals in comparison to other investments even though today’s gold prices are high. Moreover, there are certain ways to invest in gold and a lot of things to be focused on while buying gold.
