Gold Rate Today in India – 14K, 18K, 24K

Gold continues to be one of the most reliable assets in India, both culturally and on a financial basis. However, because value is determined largely by purity, if you want to know what 14K, 18K and 24K prices are today, and the reasons behind those prices, you should be familiar with each kind of gold, as highlighted in India current news and India Observers live updates.

What Do 14K, 18K and 24K Mean?

24K gold is pure gold (99.9 % purity), so it has the lowest alloy mix. It tends to be soft and used for investment-grade coins, bars, and some pure gold jewellery.

18K gold is 75 % gold and 25 % alloy metals (like copper, silver, and zinc). Hence, it is more durable jewellery and better suited for a potential higher daily use. 

14K gold is 58.3 % gold and 41.7 % alloy. It is even more durable than 18K and is often used for fashion jewellery when strength and price are needed.

Because of differences in purity, when the prices change, so will the price per gram for each type – 24K for the most and 14K for the least.

Current Rates (Indicative)

As of recent market updates:

• The national average for 24K gold is approximately ₹9,049.90 per gram (adjusted by city) (Gold Calculator India)
  
• For 22K gold, the rate is around ₹8,911 per gram (mint)
  
• In Chennai, 24K gold is trading at ₹12,218/g, 22K at ₹11,200/g, and 18K at ₹9,275/g (The Times of India)
  

To estimate 18K from a city’s 24K rate, you can multiply the 24K rate by (18/24) ≈ 0.75, then adjust slightly for local demand and making charges.

So, if 24K in a city is ₹12,218/g, then:

• 18K ≈ ₹12,218 × 0.75 = ₹9,163 (approx), which aligns fairly with the reported ₹9,275 in Chennai (The Times of India)
  
• 14K (≈ 58.3 % purity) would be ≈ 0.583 × 24K’s rate — roughly ₹7,118/g (before markups or local variances)
  

These are indicative rates—your local jeweller may add “making charges,” taxes, and a margin, which can shift the final price.

What Factors Drive Gold Prices? 

International gold market & dollar value 

Gold is traded internationally in USD. During times of dollar weakness or global inflation concerns, gold prices typically rise.  

Duties & taxes 

India imports a substantial portion of its gold. Local market pricing for gold is also subject to costs associated with duties, taxes, customs regulations, and supply chain activities.     

Jewellery demand & seasonal patterns 

During high seasons such as Diwali or wedding times, demand often spikes, and increases pricing as a result.   

Local jeweller influence & purity verification 

Two cities may charge a slightly different price for the same purity of gold due to issues related to overhead, transport costs, and competition in that location. 

Interest rate and inflation 

When interest rates are low or inflation is high, gold is a more attractive “safe haven” asset. 

Advice for buyers & investors  

• Review local daily rates for gold: many jewellers publish daily rates or have rates posted at stores, often influenced by Forex rates.
• Purchase pieces with a hallmark: check for a BIS Hallmark certification (or related certification) to protect against being misled about purity.
• Be cautious; making charges can vary drastically from jeweller to jeweller: always compare making charges!
• Be careful about low karat gold: some jewels, especially in 14K gold or 10K gold, can be very alloyed gold—know your return rights if the purity is mischaracterised.

For pure investment, purchase 24K bars or coins.

This structure minimises making charges, иs easy to liquidate when needed.