Today's Gold Rate

Gold Historical Prices

This is live Gold rate, and is updated once daily. The physical gold rate may vary at the store.

Some interesting facts about gold – India does not mine gold. In fact, places like Kolar in Karnataka, which once used to mine gold are now closed. So, India imports almost all of its gold requirements. India is one of the largest consumers of gold in the world and accounts for 25% of the world’s demand for physical gold.

Traditionally, there is always a surge in jewellery demand during the festive and wedding seasons, leading to a rally in gold prices. While the demand for gold has a role to play in its price, there are several other factors that have a bearing on it as well, like volatility of international stock markets, crude prices etx. Gold has been one of the most traditional forms of investment in India. Gold jewellery has been one of the primary modes through which Indians have purled their money. Over the years, investing in gold has evolved as an ideal hedge for volatile markets as a lot of times stocks and gold move in either direction.

However, one should know that the regular gold price is not different from the hallmarked gold price. You will not be charged extra for buying hallmarked gold. The only and most important difference is that you are ensured of purity when you buy gold which is hallmarked by BIS. Hallmarked gold rates in India do not differ in their pricing. The difference lies in the quality of the precious metal. So one should always buy high-quality gold. And to make sure of its quality, it is better to stick to the BIS hallmarked gold products.

^*The above gold rates are indicative and do not include GST, TCS and other levies.