Sona Rate Today in India — April 29, 2026

Sona rate today in India

The sona rate today in India stands at ₹15,181.92 per gram for 24K gold on April 29, 2026. That is the base spot reference. Once a jeweller adds wastage, making charges and GST, the bill moves higher very quickly, which is why two shops on the same street rarely quote the exact same final number.

For regular buyers, the cleanest way to read the number is by carat. Pure 24K gold carries the headline rate, while 22K and 18K come in lower because they contain less fine gold. The market itself still follows the same anchor: LBMA gold, the rupee-dollar move, and the MCX tone set by futures traders.

• 24K gold per gram: ₹15,181.92
• 22K gold per gram: ₹13,916.76
• 18K gold per gram: ₹11,386.44
• 10 grams of 24K gold: ₹151,819.20
• 100 grams of 24K gold: ₹1,518,192.00
• 1 kilogram of 24K gold: ₹15,181,920.00

The rate you see here tracks the live gold spot price closely, but it is still a market reference, not a retail invoice. Import duty, local taxes and retailer margins all sit outside the headline number. That gap matters most in wedding season, when buyers focus on final bill value rather than the spot quote alone.

What drives the sona rate in India

The first thing to watch is the international price benchmark. London’s LBMA PM fix still matters because Indian bullion dealers translate that dollar quote into rupees and then add duty, freight and local margin. If the dollar strengthens against the rupee, the sona rate usually jumps even when overseas gold is flat. That is how the local market works. Simple, but not always gentle.

Why jeweller quotes differ from MCX

MCX gold futures reflect trading sentiment, delivery expectations and near-term hedging demand. A retail jewellery quote, on the other hand, folds in 22K purity, BIS hallmarking, making charges and GST. That is why the same day can show one number on an MCX screen and a visibly higher figure in a showroom. Nobody is cheating there; the cost stack is just different.

Festive demand also keeps the market lively. Akshaya Tritiya, Diwali and the wedding stretch across many Indian cities push physical buying sharply higher, especially in tier-1 and tier-2 markets. Crude oil, geopolitical risk and central bank gold purchases can add another layer of pressure. Gold usually does not move in a straight line for long. It rarely does.

Why the sona rate matters beyond jewellery buying

Many people only check the sona rate when they plan a ring, a chain or a bangle. That is fair enough. Still, the number is just as useful for investors who want a quick read on how Indian gold is behaving versus the broader risk market. When equities wobble, gold often finds a bid. When the rupee weakens, the local rate can rise even if the dollar gold price stays calm.

That is why gold ETFs, digital gold and gold SIPs have become common entry routes for small investors. They let you buy in smaller amounts without worrying about lockers or wastage. Sovereign Gold Bonds sit in a different lane altogether. They pay 2.5% annual interest, carry a lock-in, and trade on exchanges at market price. Physical gold remains the better choice if the end goal is a wedding purchase. For pure exposure, the paper route is usually cleaner.

One more angle is the 52-week range. If the current price sits near a high, buyers tend to stagger purchases instead of chasing a full lot in one shot. That habit makes sense. Gold has a long history of protecting purchasing power in India, but even so, timing still affects how much metal you get for the same budget. A small difference per gram becomes a big number by the time you reach 100 grams.