Question 1

Why did the gold rate change today?

Accepted Answer

Gold rates change daily because they track the international spot price (in US dollars), the rupee–dollar exchange rate, import duty, and local demand. When the dollar strengthens or global uncertainty rises, gold usually moves up; festival and wedding-season buying in India can also lift local retail premiums.

Question 2

Is 22K or 24K gold better for investment?

Accepted Answer

24K gold (99.9% pure) is best for pure investment such as coins, bars and digital gold because you pay only for the metal. 22K gold (91.6% pure) is more durable and is the standard for jewellery in India, but it carries making charges. For wealth storage choose 24K; for ornaments you will wear, 22K is practical.

Question 3

Which city has the lowest gold rate in India?

Accepted Answer

Gold rates are broadly similar across India because they are based on the same spot price, but small differences come from local octroi, transport and dealer premiums. Cities like Mumbai and Ahmedabad often quote slightly lower rates, while Chennai tends to be higher. Always compare the live city-wise table for the current day.

Question 4

Do your prices include making charges and GST?

Accepted Answer

No. The rates shown are indicative metal prices only. Jewellers add making charges (typically 8–25% depending on design) and 3% GST on the final jewellery value. Use our calculators to estimate the all-in cost.

Question 5

How often are the gold and silver rates updated?

Accepted Answer

Gold and silver rates are refreshed from a live market feed and cached to stay fast and within data limits. You can press Refresh on any rate page to pull the latest available value.

Question 6

Should I buy gold today?

Accepted Answer

That depends on your goals and time horizon — we do not give investment advice. Gold is generally used to diversify and hedge against inflation and currency risk over the long term. Consider buying gradually (for example a monthly SIP) rather than timing the market, and always confirm rates with a licensed dealer.

Question 7

What is the gold-to-silver ratio?

Accepted Answer

The gold-to-silver ratio is the price of one ounce of gold divided by the price of one ounce of silver. It tells you how many units of silver it takes to buy one unit of gold, and investors watch it to judge whether silver looks cheap or expensive relative to gold.

Common Questions About Gold Price in India

Gold & Silver Price FAQs