GOLD RATE
CALCULATOR
The gold rate represents the current price of gold in the global market, typically quoted per gram or ounce. It is constantly changing based on international demand, supply, geopolitical tensions, and economic conditions. Since gold is traded worldwide, its base price is usually in US Dollars, and local rates vary depending on currency exchange values. Additionally, the purity of gold—like 24K, 22K, or 18K—directly affects the final price. Many investors and consumers track the gold rate daily for buying, selling, or investing. Understanding gold rates helps make informed financial decisions, especially in volatile markets.
Gold Weight
(g)
Gold Amount
(₹)
Result Here
Purity of Gold
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Result Here
Live Gold Rate of 1 gram in Different Currencies
How to use Gold Rate Calculator?
Choose Mode:
Use the checkbox to switch between:
-
Gold Weight Mode – to find the value of your gold.
-
Gold Amount Mode – to see how much gold you can buy for a given amount.
Enter Your Input:
-
In Gold Weight Mode, enter how many grams of gold you have.
-
In Gold Amount Mode, enter how much money (₹) you want to spend.
Select Gold Purity:
-
Choose between 24K, 22K, or 18K from the dropdown.
View the Result:
-
The result will instantly show in the “Gold Value” box below.
What is the gold rate and how is it determined?
The gold rate is the current market price of gold, usually measured per gram, per 10 grams, or per ounce (31.1035 grams). It represents the value at which gold is bought and sold in domestic or international markets. This price is not static—it fluctuates every few seconds during market hours due to a complex mix of global economic, geopolitical, and market factors.
The base price of gold is derived from the international spot price of gold, which is most commonly quoted in US dollars per ounce (XAU/USD). This rate is determined by global demand and supply forces and is influenced by factors like:
-
Central bank reserves and interest rate policies
-
Inflation and currency strength (especially USD strength)
-
Investment demand for gold ETFs, coins, and bullion
-
Geopolitical stability and safe-haven investment behavior
-
Gold mining production and industrial demand
In India or other countries, the international rate is then converted into local currency (like INR, EUR, JPY) and adjusted for import duties, local taxes, and dealer premiums. Therefore, even if the global price remains stable, local rates can change due to fluctuations in exchange rates or changes in tax/duty structures.
Why Does the Gold Price Fluctuate So Frequently?
Gold prices change almost constantly due to the nature of financial markets and economic signals.
Some major reasons why the price of gold fluctuates include:
-
Global Economic Uncertainty: When stock markets fall or there's political instability, investors move their money into gold as a "safe haven," increasing demand and pushing up prices.
-
Interest Rates: Gold doesn't yield interest, so when interest rates are low, gold becomes more attractive. Conversely, when interest rates rise, investors may prefer interest-bearing instruments.
-
Inflation: Gold is considered a hedge against inflation. Rising inflation typically increases demand for gold, as it maintains value over time.
-
Currency Movements: Since gold is traded globally in USD, any weakening of the US dollar makes gold cheaper for investors in other currencies, which increases demand and thus raises prices.
-
Central Bank Policies: Central banks like the US Federal Reserve, European Central Bank, or RBI (India) often buy or sell gold, which can influence prices.
-
Geopolitical Crises: War, pandemics, or political upheavals lead investors to seek financial safety in gold.
These factors constantly interplay, causing prices to rise or fall daily—even hourly—in global and local markets.
What’s the Difference Between 24K, 22K, and 18K Gold?
Gold purity is measured in karats (K), with 24K being the purest form.
Here's a breakdown:
-
24 Karat (99.9% pure): This is gold in its most natural state, soft and malleable. It's typically used for investment in coins and bars, not for making jewelry, as it can be easily scratched or bent.
-
22 Karat (91.6% pure): This is the most common gold purity for jewelry in India. It contains 91.6% gold and 8.4% alloyed metals like copper or silver to give it strength.
-
18 Karat (75% pure): Contains more alloy and less gold, used in designer or Western-style jewelry for its durability and ability to hold intricate shapes.
The gold rate displayed in markets is usually the 24K rate, and rates for 22K and 18K are derived using purity conversion formulas (e.g., 22K rate = 24K rate × 0.916). This is why the price for 22K and 18K gold is always lower than 24K per gram.
Why Does Gold Have Different Rates in Different Cities or Countries?
While the international gold price is mostly uniform across the globe, the local gold price varies by country—and often even by city.
Here's why:
-
Import Duties and Taxes: Countries impose different duties on gold imports. For example, India imposes import duty and GST, which adds significantly to the base rate.
-
Currency Conversion: Gold is priced in USD globally, so the local rate in INR, EUR, or JPY depends on the currency exchange rate at that moment. A weakening local currency increases the price of gold.
-
Transportation and Logistics: In countries as large as India, gold prices vary by city due to logistics, transportation costs, and regional demand-supply dynamics.
-
Jeweler Premiums: Jewelers often add their own markup or making charges on top of the standard rate, which can vary depending on their reputation, overhead costs, or purity assurance.
Thus, even though gold has a universally recognized value, the price you pay locally depends on a host of other factors, making it important to always check the current city-specific rate before buying or selling.
How Can I Be Sure I’m Getting the Right Gold Rate While Buying Jewelry?
To ensure you’re getting a fair deal, consider the following steps:
-
Check Live Gold Rates: Use our Gold Rate Calculator or reliable websites to know the current rate of gold in your city.
-
Verify Purity: Always ask for a hallmarked certificate. Hallmarking is a government assurance of purity.
-
Ask for Rate Breakdown: Request the jeweler to show the breakdown of:
-
Gold price based on weight and purity
-
Making charges
-
GST or VAT
-
-
Compare with Others: Get quotes from a few jewelers to see if the prices and making charges are in the same range.
-
Beware of Fixed-Rate Tags: Some stores offer “today's fixed price” for gold jewelry regardless of weight or real-time rate—ask for clarification before purchasing.
Educated customers are less likely to be overcharged. Use tools like our calculator to empower yourself before visiting a store.
Why Should I Use a Gold Rate Calculator?
A Gold Rate Calculator helps you quickly and accurately estimate:
-
The current value of gold you own
-
The amount of gold you can buy with a given amount of money
-
The rate for different purities like 24K, 22K, and 18K
-
Live prices in multiple currencies, which is helpful for NRIs or international buyers
Our calculator uses live gold rates from global sources and converts them using real-time exchange rates to provide prices in INR, USD, EUR, GBP, AED, and many other currencies. It also allows you to switch between two modes—Weight Mode and Amount Mode—based on whether you're selling or planning to buy.
This tool takes the guesswork out of gold transactions, giving you clarity, transparency, and confidence whether you’re investing, buying jewelry, or selling gold.
Stay updated with live gold rates in 15 currencies | Calculate gold value by weight or amount | Powered by real-time APIs for accuracy | Know the exact worth before you buy or sell!