Searching for the latest Gold Rate Today before visiting a jewellery shop? You are making a sensible decision. Even a small movement in the price per gram can make a noticeable difference when you are purchasing a chain, ring, coin or bridal jewellery.
Gold prices moved lower across major Indian markets on Friday, August 14, 2026. The decline offered some relief to buyers after gold had climbed sharply during recent trading sessions. However, prices can change during the day, so the rate shown online may differ slightly from the quotation provided by your local jeweller. 1
Gold Rate Today in India
Here is an early-day snapshot of 22K and 24K gold prices in India, Chennai, Mumbai and Delhi. Per-gram values have been rounded to the nearest rupee.
| Location | 22K Gold—1 Gram | 22K Gold—10 Grams | 24K Gold—1 Gram | 24K Gold—10 Grams |
|---|---|---|---|---|
| India average | ₹13,974 | ₹1,39,736 | ₹15,255 | ₹1,52,550 |
| Chennai | ₹14,014 | ₹1,40,140 | ₹15,288 | ₹1,52,880 |
| Mumbai | ₹13,966 | ₹1,39,663 | ₹15,236 | ₹1,52,360 |
| Delhi | ₹13,943 | ₹1,39,425 | ₹15,210 | ₹1,52,100 |
The national figure comes from an early-morning price update, while the city rates reflect a later retail snapshot published on August 14, 2026. This is why small differences may appear between national and local prices. 2
Remember that these rates represent the approximate value of the gold. Your final jewellery bill may be higher after adding making charges, GST, stone costs and other clearly disclosed charges.
Before making a major purchase, you can compare the quotation with the 3. IBJA publishes benchmark opening and closing rates for different gold purities in India. 3
Gold Price Movement Today
The early national update showed that 24K gold was approximately ₹1,137 lower per 10 grams compared with the previous day. The 22K rate was down by around ₹1,041 per 10 grams. 2
Gold futures were also trading lower during the morning session. Around 9:15 AM IST, MCX October gold futures were down by approximately 0.69% at ₹1,52,406 per 10 grams. 4
These numbers can change quickly. If you are planning to buy gold today, confirm the rate with the jeweller immediately before making payment.
Gold Rate Today in Major Indian Cities
Gold Rate Today in Chennai
Chennai recorded one of the higher retail quotations among the three cities covered in this update. The 22K gold rate in Chennai was approximately ₹14,014 per gram, while 24K gold was around ₹15,288 per gram.
If you are buying jewellery in Chennai, compare the total bill from several shops. A showroom offering a slightly lower gold rate may charge higher making charges, while another store may quote a higher base rate but offer a discount on making.
Gold Rate Today in Mumbai
The 22K gold price in Mumbai was approximately ₹13,966 per gram, while 24K gold stood near ₹15,236 per gram.
Mumbai is also home to Zaveri Bazaar and the India Bullion and Jewellers Association. However, individual jewellers may still provide different quotations depending on their margins, designs, making charges and the time of the price update. 3
Gold Rate Today in Delhi
In Delhi, the 22K gold rate was approximately ₹13,943 per gram. The 24K price was around ₹15,210 per gram.
Delhi had the lowest quoted rate among Chennai, Mumbai and Delhi in this particular snapshot. However, the difference may disappear once making charges, GST and other costs are included.
Why Did Gold Prices Fall Today?
Gold prices can rise or fall for several reasons, and there is rarely just one factor behind a daily movement.
Profit-booking at higher levels
Gold recently reached its highest level in more than two months. Some traders booked profits after the rally, putting short-term pressure on domestic and international prices.
Inflation and interest-rate expectations
Markets remain focused on inflation and the possibility of changes in US interest rates. Gold does not pay regular interest. Therefore, expectations of higher interest rates can reduce its appeal compared with income-producing assets.
Oil prices and geopolitical uncertainty
Energy prices and developments around the Strait of Hormuz remain important for inflation expectations. Oil-related uncertainty can make gold volatile because traders continuously adjust their views on inflation, interest rates and global economic risk. 4
Movement in the rupee
India imports a large portion of its gold requirements. When the rupee becomes weaker against the US dollar, importing gold becomes more expensive. A stronger rupee can reduce some of that pressure on domestic prices. 2
For more context on how global uncertainty affects different assets, read Newzeefy’s guide on the 5.
You can also follow Newzeefy’s coverage of the 6 to understand how interest-rate policy affects the Indian economy.
What Is the Difference Between 22K and 24K Gold?
Many first-time buyers compare prices without checking the purity. This can lead to confusion because 22K and 24K gold are not the same product.
24K gold
Twenty-four-carat gold is generally treated as the purest commonly traded form of gold. It is usually preferred for investment bars and coins. However, it is comparatively soft, which makes it less suitable for jewellery designed for regular wear.
22K gold
Twenty-two-carat gold contains approximately 91.6% gold, with the remaining portion made up of other metals that improve durability. That is why 22K gold is commonly used for traditional Indian jewellery.
Under BIS hallmarking grades, 22K gold is marked as 22K916, while 18K gold is marked as 18K750. Hallmarked jewellery should also carry a six-digit alphanumeric HUID number that consumers can verify through the BIS CARE application. 7
How Is the Final Gold Jewellery Price Calculated?
The Gold Rate Today shown on a website or showroom board is not necessarily the amount you will pay. The final bill normally includes the gold value, making charges and GST.
A simple calculation looks like this:
Final price = Gold value + Making charges + GST + Additional disclosed costs
Suppose you purchase 10 grams of 22K jewellery using the national indicative price of ₹1,39,736.
- Gold value: ₹1,39,736
- Making charge at 10%: ₹13,974
- Subtotal: ₹1,53,710
- GST at 3%: Approximately ₹4,611
- Estimated final amount: Approximately ₹1,58,321
This example does not include the cost of precious stones or additional design-related fees.
The GST Council’s jewellery FAQ states that GST is payable at 3% of the total transaction value of the jewellery, whether the making charge is displayed separately or not. 8
Making charges can vary significantly between jewellers and designs. Machine-made chains may carry lower charges, while bridal, antique or handcrafted jewellery can be more expensive.
Why Does the Gold Rate Differ Between Cities?
Gold does not always have one fixed retail price across India. City-level rates may vary because of:
- Local supply and demand
- Dealer premiums and operating costs
- Transportation and insurance expenses
- Jeweller margins
- Differences in price-update timings
- Festival and wedding-season demand
The variation is normally limited, but it can become important when purchasing a large quantity. Always compare rates for the same purity, weight and time of day. 2
Important Checks Before Buying Gold
A lower price does not automatically mean a better deal. Use this checklist before completing your purchase:
- Confirm the purity: Compare 22K with 22K and 24K with 24K.
- Look for the BIS hallmark: Check the BIS logo, purity mark and six-digit HUID.
- Verify the HUID: Use the official 9.
- Ask for an itemised invoice: It should show the article description, net gold weight, purity and applicable charges.
- Check stone weight separately: Do not pay the gold rate for stones embedded in jewellery.
- Compare making charges: These may be negotiable even when the base gold rate is not.
- Read the buyback policy: Ask about future deductions, testing fees and exchange conditions.
- Keep the original bill: It can be valuable during resale, exchange or a purity dispute.
BIS allows consumers to verify HUID details and get jewellery tested at recognised Assaying and Hallmarking Centres. 9
Is Today a Good Time to Buy Gold?
There is no single answer that works for every buyer.
If you need gold for a wedding, festival or family function, the current decline may offer some relief. Instead of trying to predict the lowest possible price, you could divide a large purchase into smaller parts.
Investment buyers should compare jewellery with options such as coins, bars or regulated gold funds. Jewellery carries making charges that may not be recovered during resale.
Gold can be volatile, does not produce regular income and may underperform other assets during certain periods. Your decision should depend on your budget, time horizon and financial goals rather than a one-day price movement. 2
Conclusion
The Gold Rate Today moved lower on August 14, 2026, with 24K gold trading near ₹1.52 lakh per 10 grams across major Indian cities. Chennai recorded a slightly higher quotation than Mumbai and Delhi.
Before buying, check the latest rate, compare making charges and insist on BIS-hallmarked jewellery with a valid invoice. Most importantly, compare the final payable amount—not just the price displayed on the showroom board.
Disclaimer: Gold prices can change during the day. This article is for informational purposes and should not be treated as personal investment advice.
Frequently Asked Questions
What is the gold rate today in India?
On August 14, 2026, the indicative national price was approximately ₹13,974 per gram for 22K gold and ₹15,255 per gram for 24K gold. Rates may change during the day and can differ between jewellers. 2
Why is the gold price falling today?
Gold declined due to profit-booking after a strong rally, concerns about inflation and changing interest-rate expectations. MCX October gold futures were approximately 0.69% lower during early trading on August 14. 4
Is 22K or 24K gold better?
Twenty-two-carat gold is usually better for wearable jewellery because it is more durable. Twenty-four-carat gold is purer and is commonly used for investment coins and bars. Your choice should depend on how you plan to use it.
How much GST is charged on gold jewellery?
GST is charged at 3% of the total transaction value of retail jewellery, including the gold value and making charges. The final bill may also contain stone costs and other properly disclosed fees. 8
Is it a good time to buy gold?
Today’s decline may help buyers with an immediate requirement, but prices can move in either direction. For a large purchase, staggered buying may reduce the risk of investing the full amount at a temporary price peak.
