Gold Rate Today - 22K & 24K Gold Price 18-07-2026
The gold rate in India is approximately ₹1,41,150 per 10 grams for 24-karat gold and around ₹1,30,590 per 10 grams for 22-karat gold (excluding 3% GST and making charges).
The best way to buy gold in India depends on your investment goals. For long-term wealth, Sovereign Gold Bonds (SGBs) are ideal, offering 2.5% assured annual interest. For short-term goals and easy liquidity, Gold ETFs or Gold Mutual Funds are preferred. For accumulating small amounts, Digital Gold is best. [1, 2, 3]
Top Gold Investment Options
1. Sovereign Gold Bonds (SGBs)
Best for: Long-term investors (8-year tenure) seeking tax-free returns and extra income.
How it works: Issued periodically by the RBI on behalf of the Government of India. You earn 2.5% interest annually, and the capital gains are completely tax-free if held until maturity.
Where to buy: Available through HDFC Bank, SBI, and other leading commercial banks, as well as stock brokers. [1, 2, 3, 4, 5]
2. Gold ETFs & Gold Mutual Funds
Best for: Short-to-medium-term investments with easy liquidity.
How it works: Gold Exchange Traded Funds (ETFs) track the domestic price of physical gold and trade on the stock exchange (requires a Demat account). Gold Mutual Funds invest in these ETFs (no Demat account required).
Where to buy: Open a brokerage account with platforms like Zerodha or ET Money to purchase ETFs or Funds. [1, 2, 3]
3. Digital Gold
Best for: Starting small (you can invest as little as ₹1) and accumulating gold for future use or physical redemption.
How it works: You buy 24K pure gold online, and the equivalent amount is securely stored in insured vaults.
Where to buy: You can purchase digital gold via apps like Google Pay, PhonePe, or directly through refineries and jewelers like MMTC-PAMP or Tanishq. [1, 2, 3, 4, 5]
4. Physical Gold (Coins, Bars, or Jewelry)
Best for: Immediate tangible ownership or wedding/gifting needs.
How it works: You buy actual gold, which requires secure storage and usually attracts a 3% GST and high making charges (especially for jewelry).
Where to buy: Choose BIS-hallmarked gold coins or bars from trusted dealers or reputable jewelers. [1, 2]
Note: For the most current RBI issuance dates and prices for Sovereign Gold Bonds, check the Reserve Bank of India portal. [1]
FAQs About Gold Purchase
Buying gold is an important decision, whether it’s for a wedding, investment, or gifting. Here are answers to some of the most common questions customers ask before purchasing gold jewellery.
1. How can I check if the gold is genuine?
Always look for the BIS Hallmark on gold jewellery. Hallmarked jewellery certifies the purity of the gold and ensures that you are getting exactly what you pay for.
2. What does 22K and 18K gold mean?
22K Gold (916): Contains 91.6% pure gold and is ideal for traditional jewellery.
18K Gold (750): Contains 75% pure gold and is commonly used for diamond and designer jewellery.
3. Is hallmarked jewellery mandatory?
Yes. Hallmarking provides assurance of purity and protects customers from buying under-purity gold.
4. Why do gold jewellery prices vary?
The final price depends on:
Current gold rate
Weight of the jewellery
Making charges
Applicable taxes
5. What are making charges?
Making charges are the labour and craftsmanship costs involved in creating a jewellery piece. Intricate designs generally have higher making charges than simple designs.
6. Should I keep the purchase bill?
Absolutely. A purchase bill serves as proof of ownership and is important for future exchange, resale, insurance, or warranty purposes.
7. Can I exchange my old gold jewellery?
Yes. Old gold can be exchanged for new jewellery after proper purity testing and valuation. The exchange value depends on the purity and weight of the gold.
8. Is gold jewellery a good investment?
Gold has traditionally been considered a valuable asset that retains long-term value. In addition to being an investment, jewellery can also be worn and enjoyed for years.
9. What should I check before buying gold jewellery?
Before purchasing, ensure that:
✓ The jewellery is BIS Hallmarked
✓ The purity is clearly mentioned
✓ You receive a proper bill
✓ The pricing is transparent
✓ You buy from a trusted jeweller
10. Why buy from Jewellers?
we combine over 100 years of trust with certified purity, transparent pricing, exceptional craftsmanship, and customer-first service. Every jewellery purchase is backed by our commitment to quality and integrity.
Buy Gold with Confidence
Whether you’re purchasing jewellery for a special occasion, investment, or everyday wear, making an informed decision is essential. Our team always ready to guide you and help you choose jewellery that offers both beauty and value.
