Gold GST Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Gold GST Rate in India Today
People searching for the gold gst rate usually want the bill amount, not just the headline spot quote. That distinction matters. A buyer may see a live 24K rate of ₹14,187.07 per gram, but the final invoice changes once GST and making charges enter the picture.
Gold pricing in India still follows the usual chain: LBMA gold pricing in global markets, conversion into INR, and then the local market overlay that shows up on MCX gold futures and jeweller boards. GST does not change the base rate. It changes what the buyer actually pays.
- 24K gold, 1 gram: 14,187.07
- 22K gold, 1 gram: 13,004.82
- 18K gold, 1 gram: 10,640.31
- 24K gold, 10 grams: 141,870.74
- 24K gold, 100 grams: 1,418,707.38
- 24K gold, 1 kg: 14,187,073.77
If you are comparing invoices across jewellers, keep the tax line separate from the quoted rate. The market quote moves with the dollar, crude, and overseas buying; the GST line sits on top after the sale. That is why the same ornament can show different final totals even when the sone ka bhav looks unchanged on the screen.
Gold GST Rate by Weight
Today's Gold rate is Fourteen Thousand One Hundred and Eighty Seven Rupees per gram. At this rate, 10 grams of Gold costs One Lakh Forty One Thousand Eight Hundred and Seventy One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹14,187.07 | Fourteen Thousand One Hundred and Eighty Seven Rupees |
| 8 Grams | 8.0000 g | ₹113,496.59 | One Lakh Thirteen Thousand Four Hundred and Ninety Seven Rupees |
| 10 Grams | 10.0000 g | ₹141,870.74 | One Lakh Forty One Thousand Eight Hundred and Seventy One Rupees |
| 100 Grams | 100.0000 g | ₹1,418,707.38 | Fourteen Lakh Eighteen Thousand Seven Hundred and Seven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹14,187,073.77 | One Crore Forty One Lakh Eighty Seven Thousand Seventy Four Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹402,196.45 | Four Lakh Two Thousand One Hundred and Ninety Six Rupees |
| 1 Troy Ounce | 31.1035 g | ₹441,267.65 | Four Lakh Forty One Thousand Two Hundred and Sixty Eight Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹14,187,073,766.00 | Fourteen Hundred and Eighteen Crore Seventy Lakh Seventy Three Thousand Seven Hundred and Sixty Six Rupees |
How GST Changes the Final Gold Bill
The gold gst rate is simple on paper and messy in a jewellery bill. Standard bullion attracts 3% GST on value, while making charges attract 3% GST as well. That is why a chain or bangle often costs more than a plain bar even when both start from the same market rate.
Why jeweller prices do not match MCX line by line
MCX gold mirrors futures pricing. A shop bill does not. A retailer adds purity, wastage in some cases, design labour, hallmarking compliance under BIS rules, and the actual GST charged on the transaction. Even the same 916 hallmark design can carry a very different effective rate if one seller loads the making charge and another keeps it tight.
Global cues still matter more than people think. A stronger USD/INR pair can push the local rupee rate higher even when overseas gold is flat. Geopolitical shocks, central bank buying, and the festival run-up before Diwali or Akshaya Tritiya can also tighten physical demand. Crude oil matters too, because it feeds inflation expectations and the broader risk mood.
Gold GST Rate — Last 10 Days
The most recent Gold price on record (2026-07-28) is Fourteen Thousand One Hundred and Eighty Seven Rupees per gram. This is down by One Hundred and Ninety Rupees from the previous day's rate of ₹14,377.40.
| Date | Price (₹/g) | Change |
|---|---|---|
| 2026-07-28 | ₹14,187.07 | -190.33 |
| 2026-07-27 | ₹14,377.40 | +36.55 |
| 2026-07-26 | ₹14,340.85 | 0.00 |
| 2026-07-25 | ₹14,340.85 | +59.88 |
| 2026-07-24 | ₹14,280.97 | -291.28 |
| 2026-07-23 | ₹14,572.25 | +177.46 |
| 2026-07-22 | ₹14,394.78 | +141.04 |
| 2026-07-21 | ₹14,253.74 | +104.76 |
| 2026-07-20 | ₹14,148.99 | +33.54 |
| 2026-07-19 | ₹14,115.44 | — |
Gold GST Rate and Long-Term Buying Decisions
For a household buyer, the gold gst rate is really a budgeting issue. A small tax on paper becomes a noticeable amount once the bill reaches 50 grams, 100 grams, or a wedding set. That is why many buyers compare physical jewellery with gold ETF, digital gold, or a Sovereign Gold Bond before they commit.
Those alternatives behave differently. Gold ETFs track the metal without you handling storage. Digital gold lets small-ticket investors start slowly, sometimes via a gold SIP mindset. Sovereign Gold Bond is the odd one out: it offers 2.5% annual interest, a lock-in period, and exchange-traded liquidity later on. Physical gold gives possession, but it also brings GST and making charges into the equation immediately.
Seasonal demand still shapes sentiment. Indian wedding buying, Dhanteras, and the Akshaya Tritiya window can push retail premiums wider than usual, while calmer months often bring better negotiation on making charges. On a 52-week chart, that difference matters because a buyer is rarely timing the exact bottom. Most people are timing life events, and the tax line is part of the bill whether the market is hot or cold.
Gold GST Rate — Common Questions
The gold GST rate in India is 3% on the value of gold. If you buy jewellery, GST is usually charged on both the gold value and the making charges. That means the final bill can sit well above the spot price of ₹14,187.07 for 24K gold.
Jewellery making charges attract 3% GST too. The tax is applied on the making charge component, so the effective bill depends on design, labour and the seller’s pricing method. Heavy work can add a meaningful amount to the final ticket size.
The GST rate stays the same for 22K and 24K gold. What changes is the base value. Today 22K gold works out to about ₹13,004.82 per gram, while 24K is ₹14,187.07 per gram before GST and making charges.
No. MCX gold futures track market price expectations, not your final jewellery bill. Retail jeweller pricing also includes import duty, GST, making charges and, in many cases, local premium or discount over the day’s spot move.
The gold rate today is the base market price, usually linked to LBMA gold and MCX movement. The gold GST rate is the tax applied on top of that base price. A buyer pays both, so the invoice amount is always higher than the live spot quote.
Physical gold sold in India attracts GST. Investment routes such as gold ETFs do not involve GST in the same way at purchase, though they come with market risk and fund expenses. Sovereign Gold Bonds have their own structure and are not taxed like a jewellery bill.
