Gold Price in INR Today
Live XAUINR conversion — ₹4,25,692.99 per troy ounce
The gold price in INR is ₹4,25,692.99 per troy ounce today, which equals ₹13,686.34 per gram for 24K pure gold. This rate is calculated from XAUUSD at $4448.44 × USDINR at ₹95.69. Gold has moved down 0.88% in the past 24 hours.
| Purity | Per Gram | Per 10 Grams |
|---|---|---|
| 24KPure Gold | ₹13,686.34 | ₹1,36,863.37 |
| 22KJewellery | ₹12,545.81 | ₹1,25,458.09 |
How Is XAUINR Calculated?
XAUINR = XAUUSD × USDINR. At the current exchange rate of ₹95.69 per USD and gold at $4448.44 per ounce, one troy ounce of gold costs ₹4,25,692.99 in Indian Rupees.
How Much Gold Can You Buy at Different Weights?
| Weight | 24K (INR) | 22K (INR) |
|---|---|---|
| 1 Gram | ₹13,686.34 | ₹12,545.81 |
| 8 Grams | ₹1,09,490.7 | ₹1,00,366.47 |
| 10 Grams | ₹1,36,863.37 | ₹1,25,458.09 |
| 100 Grams | ₹13,68,633.71 | ₹12,54,580.9 |
| 1 Troy Ounce (31.1g) | ₹4,25,692.99 | ₹3,90,218.57 |
Frequently Asked Questions
What is XAUINR?
XAUINR is the price of one troy ounce (31.1035 grams) of gold quoted in Indian Rupees. It is a synthetic rate calculated by multiplying the international XAUUSD spot price by the current USDINR exchange rate. Unlike MCX, XAUINR reflects pure spot conversion without duty or taxes.
How is gold price in INR calculated?
Gold price in INR follows three steps: (1) Take the XAUUSD international spot price, (2) multiply by the USDINR exchange rate to get per-ounce INR price, (3) divide by 31.1035 to get per-gram price. Formula: Gold per gram (INR) = XAUUSD × USDINR ÷ 31.1035.
Why does gold price in INR change even when XAUUSD is stable?
Because USD-INR fluctuates independently of gold. A 1% rupee depreciation increases the INR gold price by approximately 1%, even with stable XAUUSD. India imports 700-800 tonnes of gold annually, making the rupee-dollar rate a critical pricing factor.
Why Does the Rupee-Dollar Rate Matter for Gold?
India is the world's second-largest consumer of gold after China, importing 700-800 tonnes annually. Since all gold imports are priced in US dollars, the USDINR exchange rate directly impacts the domestic price. A 1% depreciation of the rupee against the dollar increases the INR gold price by approximately 1%, even if XAUUSD remains unchanged.
How Does Rupee Depreciation Affect Gold Investors?
Indian gold investors experience a compounding effect: when global uncertainty rises, gold prices increase (XAUUSD goes up) and the rupee often weakens simultaneously (USDINR goes up). This double effect has made gold one of the best-performing asset classes in INR terms, with average annual returns of 11-13% over the past two decades.
What Are the Best Ways to Invest in Gold in India?
- Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest, tax-exempt on maturity
- Gold ETFs: Demat-based, highly liquid, no storage cost
- Digital Gold: Buy from ₹1, backed by physical gold in vaults
- Physical Gold: Coins and bars for tangible ownership
- Gold Mutual Funds: SIP-enabled, fund manager handles allocation