Gold Rate Today India: 14K, 18K & 24K Latest Prices

In India, gold offers both a reliable store of value and an important cultural symbol. Regardless of what level of interest someone has in gold, knowing the current rate for different purities —14K, 18K, or 24K— is important for buyers, investors, and jewellery lovers alike. In this article, we will share the current gold prices as of the latest available data, compare the gold prices, share regional trends in the prices of gold, and discuss what drives the prices of gold to change day-to-day, aligning with current news India updates.

Current Gold Rates in India (Latest Data)

Note: Gold rates vary by city, dealer, purity, and additional charges (making, taxes). Always verify with a local jeweller or official source before transacting.

These are indicative retail / published rates and may not include making charges, GST, or local margins.

For a broader view, live-price aggregator sites show that 14K gold is trading near ₹5,548 per gram (for certain markets) while 18K and 22K are relatively higher. (Gold Price Live India)

Also, jewellery chains like Tanishq publish their rates (e.g. 22K rate) which reflect their retail pricing practices. (Tanishq)

Comparison: 14K vs 18K vs 24K

Gold Content & Purity

• 24K is significantly pure (99.9%) gold and therefore sells for the highest price per gram.
• 18K is 75% gold with the balance in other metals (for strength/colour).
• 14K is approximately 58.3% gold with the rest in alloy metals.
• So, 24K > 18K > 14K purely based on the amount of pure gold and the initial value.

Practical Use & Endurance

• 24K is soft and not practical for daily wear in jewellery that contains prongs, stones, etc…
• 18K is more durable but is primarily used for higher-end jewellery, which is also more durable.
• 14K is more durable (due to alloys) and also scratch-resistant, making it more popular as it relates to broader markets, particularly in the USA.

Price Volatility

Because 14K has a lower proportion of gold, its price will move less on an absolute basis (rupees or per gram) than for 24K. 24K prices will also be more affected by movements in global gold prices, exchange rates, and import duties.

What Causes Gold Rates to Change?

Global Gold Prices & Global Demand

Gold is a commodity bought and sold around the globe, so international bullion market trends do influence local prices.

 Currency (Rupee vs US Dollar)

If/when the rupee weakens, it becomes tougher for India to import gold, driving up local prices.

Import Duties / Taxes

India has import duty, GST, and TCS (tax collected at source) on gold purchased directly from a dealer/retailer, all of which are added to consumer prices.

Local Market Demand & Supply

Festive seasons, wedding seasons, and local price disturbances can encourage jewellery dealers to adjust quality pricing locally. 

Making Charges & Margins 

These include local dealer margins, value based on purity, handiwork on model and design cost, and vary from dealer to dealer and region to region. 

Example: How the Rates Translate

Let’s say a gold chain weighs 10 grams at 18K purity. If the price for 18K gold is ₹9,275/g(Assuming Chennai as the primary example): 

• Then the price for gold alone = 10 x ₹9,275 = ₹92,750 
• Then you add making charges, hallmarking, GST, etc. (let’s say around 8-12% depending on retailer) in local charges. 
• This puts any consumer price around ₹1,00,000 meaning there is no standard price for any given quality. 

Tips for Buyers & Investors

• Always ask for a hallmarked receipt (BIS/local standard).
  Compare rates from different jewellers in your city.
  The making charges and taxes can vary much more than the base gold price!
  If purchasing pure gold, expect it to be more volatile to the global price and influenced by the Currency Exchange Rate as well.

Conclusion

As of data in the last month, gold is ₹12,218 /gram for 24K; ₹11,200/g for 22K, ₹9,275/g for 18K in Chennai. (14K is not commonly listed, but the indicative rates are ~₹5,500+/gram.) The price can fluctuate widely in different cities and it varies based on purity, global bullion movements, currency fluctuations and local dealer charges, especially when compared with Gold price yesterday India trends.