Cheap Gold in the World: Due to the ongoing war between US and Iran, along with oil, the prices of gold and silver are also continuously increasing. On June 8, 2026, the price of 24 carat gold was around Rs 1.53 lakh to Rs 1.56 lakh per 10 grams, while 22 carat gold was seen trading at the level of around Rs 1.40 lakh to Rs 1.45 lakh per 10 grams.

Amidst the rising prices of gold, the question often arises that where is the cheapest gold found in the world? Although the international price of gold is almost the same, but due to taxes, import duty, VAT, local tax and making charges, its final price changes in different countries. Let us tell you those 5 countries where gold is cheaper than India.

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Dubai (UAE)
Dubai is counted among the most popular gold markets in the world. Due to low taxes here and high competition in the market, gold is often cheaper than India.

hong kong
There is a very low tax on gold in Hong Kong, due to which its prices remain lower than in many countries.

Singapore
Singapore gives tax exemption on investment-grade gold, so gold is considered relatively cheap here too.

Switzerland
Switzerland is the world’s largest gold refining hub. Here investors get better prices due to purity and low tax regime.

saudi arabia
Making charges and taxes are relatively low in Saudi Arabia also, hence gold is cheaper here than in India.

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Why is gold expensive in India?
India imports most of the gold it needs. Import duty, GST, transportation cost and making charges on jewelery increase the price of gold. Apart from this, heavy demand during weddings and festivals in India also keeps the prices high.

Let us tell you that getting cheap gold abroad does not mean that Indian buyers will save the same amount. Indian customs rules, duties and other charges apply when bringing gold from abroad. Therefore, it is important to estimate the total cost before purchasing.

Gold prices in India are not decided at the behest of any one person, company or central government. The responsibility of determining the official price of gold in the country on a daily basis rests with ‘India Bullion and Jewelers Association’ (IBJA).

Gold-Silver Price Today: There has been a slight decline in the skyrocketing prices of gold and silver on the very first day of the year. A softening of gold prices has been recorded in the international market, where the spot price of gold has come down to Rs 4,308.30 per 10 grams. Its effect is visible on the domestic market also. On January 1, 24 carat gold is being sold at the rate of Rs 1,34,880 per 10 grams in the financial capital Mumbai, while in the national capital Delhi its price is slightly higher at Rs 1,35,030 per 10 grams.

Fall in gold and silver prices

There has also been a decline in the prices of silver. The price of silver has come down to Rs 2,38,900 per kg. However, if we look at the performance of the last one year, silver has given tremendous returns to the investors. Last year, there was a jump of about 170 percent in the prices of silver, while gold gave returns of about 70 percent and copper gave returns of 35 to 40 percent.

If we talk about the price of gold in different cities today, then in Delhi 24 carat gold is being sold at Rs 1,35,030 per 10 grams and 22 carat gold is being sold at Rs 1,23,790 per 10 grams. In Mumbai, the price of 24 carat gold has been recorded at Rs 1,34,880 and that of 22 carat gold has been recorded at Rs 1,23,640 per 10 grams.

Similarly, gold prices in Kolkata, Chennai and Hyderabad are almost at the same level. In these cities, 24 carat gold is being sold at the rate of Rs 1,34,880 per 10 grams and 22 carat gold is being sold at the rate of Rs 1,23,640 per 10 grams. This fluctuation in prices is believed to be the result of international market signals, movement of the dollar and profit booking by investors.

How is the rate decided?

The prices of gold and silver are decided daily and many important factors work behind them. The biggest reason is the fluctuation in the exchange rate between the dollar and the rupee, because the prices of gold and silver in the international market are fixed in US dollars. In such a situation, when the dollar strengthens or the rupee weakens, the prices of these precious metals automatically increase in India.

Apart from this, customs duty and taxes also have a direct impact on the prices. India imports most of its gold requirement, hence any change in import duty, GST and other local taxes affects the prices of gold and silver. When taxes are increased, prices go up, but if there is a cut, there may be relief in prices.

The international market situation is also a big factor. Globally, events like war, geopolitical tension, economic recession or change in interest rates change the inclination of investors. When uncertainty increases around the world, investors move away from the stock market or other risky investments towards safer options like gold, increasing both its demand and price.

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India vs Pakistan Gold Price: There has been a big decline in gold prices in India recently. Let us tell you that in the domestic market, the price of 10 grams of 24 carat gold has fallen by more than ₹ 10,000 in just 10 days. Meanwhile, let us know what is the condition of gold rates in Pakistan amid falling gold prices in India. Let us know the rates of one tola gold in both the countries.

gold price in india

Gold prices have softened due to stable economic situation and controlled inflation in India. According to recent prices, the price of 24 carat gold has become approximately Rs 1,20,419 per 10 grams. Now since one tola is approximately equal to 11.66 grams, the price of one tola of 24 carat gold will be Rs 1,39,839.68. If we talk about 22 carat gold, its price is ₹ 1,10,300 per 10 grams.

gold prices in pakistan

A decline in gold prices has also been seen in Pakistan. But despite this, the price of gold there is such that even a car can be bought in India. The price of one tola of 24 carat gold in Pakistan is approximately 4,20,500 Pakistani rupees. With this, the price of 10 grams of gold there is 3,60,520 Pakistani rupees.

Why is gold so expensive in Pakistan?

The reason behind this is quite clear and that is the economic instability of Pakistan. There has been a huge decline in the Pakistan Rupee against the US Dollar. Because of which the price of gold is so high. Now, because the price of gold at the international level is fixed in dollars, due to the weak rupee there is a direct increase in the domestic cost.

Along with this, high inflation is another big reason. As the prices of essential commodities increase, people turn to gold as a safe investment. This increases the demand even more. Apart from this, geopolitical tensions of Pakistan contribute a lot to the financial uncertainty. Because of this, investors are motivated to keep their assets safe in gold instead of currency or shares.

India has stable monetary policies, strong currency position and much better control on inflation than Pakistan and this gives a big advantage. At the same time, Pakistan is struggling with problems like economic recession, limited foreign exchange reserves, rising import bill and high cost of living. This is the reason why these circumstances increase the price of domestic gold and due to which the price difference between the two countries is increasing.

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Gold Rate Today: On the auspicious occasion of Dev Diwali, there is festive enthusiasm everywhere in the country. Today, the prices of gold and silver are also falling. The prices of both the precious metals have been falling continuously for the last two days.

Market experts believe that due to the strength of the dollar and the aggressive stance of the Fed, there is pressure on gold. At the same time, a decline in silver prices is being recorded. Today, on 5th November, know what is the latest rate of gold in your city.

Gold price in your city (as per good returns)

Gold price in Delhi (per 10 grams)

24 carat – Rs 1,21,630
22 carat – Rs 1,11,500
18 carat – Rs 91,260

Gold price in Mumbai (per 10 grams)

24 carat – Rs 1,21,480
22 carat – Rs 1,11,350
18 carat – Rs 91,110

Gold price in Chennai (per 10 grams)

24 carat – Rs 1,21,970
22 carat – Rs 1,11,800
18 carat – Rs 93,250

Gold price in Kolkata (per 10 grams)

24 carat – Rs 1,21,480
22 carat – Rs 1,11,350
18 carat – Rs 91,110

Gold price in Ahmedabad (per 10 grams)

24 carat – Rs 1,21,530
22 carat – Rs 1,11,400
18 carat – Rs 91,160

Gold price in Lucknow (per 10 grams)

24 carat – Rs 1,21,630
22 carat – Rs 1,11,500
18 carat – Rs 91,260

Gold price in Chandigarh (per 10 grams)

24 carat – Rs 1,21,630
22 carat – Rs 1,11,500
18 carat – Rs 91,260

Gold price in Bhubaneswar (per 10 grams)

24 carat – Rs 1,21,630
22 carat – Rs 1,11,500
18 carat – Rs 91,260

Gold price in Hyderabad (per 10 grams)

24 carat – Rs 1,21,480
22 carat – Rs 1,11,350
18 carat – Rs 91,110

The month of November has started. Wedding season is starting in India from this month. In such a situation, it is expected that the demand for gold may increase. The price of gold is fluctuating every day. However, today, on November 5, due to its reduced prices, investors have an opportunity to invest in gold.

Investors have been placing their bets on precious metals like gold and silver since the beginning. Gold works to protect investors from the ongoing uncertainties at the global level. This is the reason why people consider investing in gold as a safe investment option. Buying gold and silver in India is also culturally linked to Indians. Indians consider it auspicious to buy gold on any auspicious occasion.

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Gold in India: There was a huge decline in the demand for gold in the country during the July-September quarter this year. According to the latest report of the World Gold Council (WGC), the total demand for gold in terms of quantity declined by 16 percent to 209.4 tonnes, whereas it was 248.3 tonnes in the same period last year. This decrease was mainly due to reduced purchasing power by consumers due to high gold prices.

However, in value terms the demand increased from Rs 1,65,380 crore to Rs 2,03,240 crore, an increase of 23 percent. This simply means that even though people bought gold in less quantity, the total expenditure increased due to higher prices.

Why did the demand for gold decrease?

The biggest decline was seen in the demand for gold jewellery. It declined from 171.6 tonnes last year to only 117.7 tonnes in this quarter, i.e. a decline of about 31 percent. However, the total value of jewelery purchases remained stable at around Rs 1,14,270 crore as buyers adjusted their budgets according to the increased prices.

On the other hand, a tremendous jump was seen in the demand for gold as investment. In terms of quantity, it increased by 20 percent to 91.6 tonnes, while in terms of value it increased by 74 percent from Rs 51,080 crore to Rs 88,970 crore. According to Sachin Jain, India Regional CEO of WGC, these figures reflect the growing trend among Indian consumers to adopt gold as a long-term asset and safe investment.

ever increasing brightness

The average price of gold in India increased by 46 percent to Rs 97,074.9 per 10 grams in this quarter, compared to Rs 66,614.1 per 10 grams a year ago (which does not include import duty and GST). Internationally, gold prices also increased and stood at an average of $3,456.5 per ounce, which is much higher than last year.

Sachin Jain also said that the historic increase of 23 percent in value despite decline in volume reflects the changing economic condition of Indian consumers and rising per capita income. He said that due to rising prices in recent months, many consumers have made wedding related purchases in advance, due to which strong sales are expected in the coming fourth quarter.

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Gold price today: Every year, before the festive weather comes, the demand for gold across the country increases and its direct glimpse is seen in prices. This year too, the price of gold has been increasing continuously since the beginning of September. Gold is not only considered the safest means of investment but is also an asset to beat inflation. People usually buy 24 carat gold for investment, while 22 carats and 18 carat gold are mainly taken for jewelery.

Gold became expensive again

Today, on Wednesday 3 September 2025, 24 carat gold is getting Rs 1,06,970 per 10 grams in the country. At the same time, 22 carat gold is available at the rate of Rs 98,050 and 18 carat gold at the rate of Rs 80,230. That is, today the price of 24 carat gold has been recorded by Rs 880 per 10 grams as compared to one day earlier.

In the national capital Delhi, 24 carat gold is being sold at Rs 1,07,120, while 22 carat gold is being sold at the rate of Rs 98,200 and 18 carat gold at the rate of Rs 80,350. Similarly, 24 carat gold is available in Chennai, Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Nagpur and Bhubaneswar at Rs 1,06,970, 22 carat gold at Rs 98,050 and 18 carat gold at the rate of Rs 80,230 per 10 grams. Gold prices have risen before festivals and if the demand increases further, the prices can go up further in the coming days.

How are the rates fixed?

Gold and silver prices are fixed daily and many factors are responsible behind them. The biggest reason is exchange rate and dollar prices fluctuations. Since the prices of gold and silver are fixed in the US dollars in the international market, the prices of gold in India also change when the dollar-rupa exchange rate is changed. If the dollar is strong or the rupee is weak then gold becomes expensive in India.

The second major reason is customs and tax. India imports gold most of its needs. In such a situation, import duty, GST and other tax affect the final price of gold. Third, the status of international market is also important. Circumstances like war, economic recession or change in interest rates have a direct impact on gold prices globally. When uncertainty in the market increases, investors purchase gold as a safe option, which increases its price.

The social and cultural significance of gold in India also affects its price. The tradition of buying gold on marriage, festivals and auspicious occasions increases demand and due to this, gold prices often go up in the festive season.

Finally, inflation and investment approach also plays a role in fixing the price of gold. Gold is considered a better return option than inflation for a long time. When inflation increases or the stock market seems risky, then people prefer to invest in gold, which leads to speed in its prices.

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Gold price today: The stock market has been falling down since the US imposed an additional 25 percent tariff on India due to oil purchases from Russia and there has been an atmosphere of uncertainty among the exporters. US President Donald Trump has clarified that he is not ready for any kind of talks with India until the tariff dispute ends.

In the midst of this global instability and economic pressure, investors have turned to gold as the safest option, causing a steady rise in its prices. On Friday, August 8, 2025, 24 carat gold was seen trading around Rs 1,02,000 per 10 grams in early trade.

Fresh sense of your city

In the national capital Delhi, 24 carat gold is being sold at Rs 1,02,710 per 10 grams and 22 carat gold at Rs 94,160. At the same time, 24 carat gold is available in Ahmedabad and Patna at the rate of Rs 1,02,610 and 22 carat gold at the rate of Rs 94,060 per 10 grams.

In major metros like Mumbai, Hyderabad, Chennai, Bangalore and Kolkata, 24 carat gold is trading at Rs 1,02,560 and 22 carat gold at Rs 94,010 per 10 grams. Meanwhile, there has been no change in the repo rate after the August month meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India, and it is maintained at 5.5 percent.

How is the rate fixed?

Gold and silver prices are fixed daily based on many global and domestic factors. First of all, the prices of these metals in the international market are fixed in the US dollars, so the fluctuations in the dollar-Rupaya exchange rate have a direct impact on their price in India. If the dollar is expensive or the rupee is weak, then the prices of gold and silver increase in India. Apart from this, India is the largest importing country of gold, so customs (import duty), goods and service tax (GST) and other local taxes also affect prices.

Circumstances such as economic instability, war, recession or change in interest rates globally also motivate investors to choose gold as a safe option, which increases both its demand and price. The cultural significance of gold in India is also very high – on marriage, festivals and auspicious occasions, its demand always remains. Also, gold is considered a safe and better return option as an investment in inflation, which keeps or increases its price stable.

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Gold pris in india: If you are planning to buy gold jewelry, then this is big news for you. It is being told that after April, again gold prices will reach 1 lakh level in December. This year, gold has given excellent returns between American Tariff, Operation Sindoor, Iran-Israel War. According to ICICI Bank Global Markets, this trend of rising gold prices in India can continue in the second half of 2025 as well. In such a situation, the price of 10 grams of gold per 10 grams of gold reaches a level of Rs 1,00,000 by the end of the year.

How much can prices increase?

ICICI Bank Global Markets said in its report, the rise in gold prices in the country is expected to continue, which can increase from Rs 96,500 to 98,500 per 10 grams in the coming time to Rs 98,500 per 10 grams to Rs 100,000 per 10 grams in the second half. There has been some softening in gold prices in the last few days amidst the news of a trade deal between ceasefire and US-China between Iran-Israel. At present, gold is trading in the range of 96,500-98,500 per 10 grams. However, before the price reduction, its prices reached a record high level.

How correct investment on gold?

Here, when gold prices increased, its retail demand decreased, imports also decreased. In May, the import of gold of $ 2.5 billion, compared to $ 3.1 billion last month. However, in the year 2025, gold has so far given a great return of up to 28 percent. In such a situation, investment on gold can be a better option. However, many times when the prices are low, we start withdrawing our money from investment, which is not right according to experts. This may cause losses in the long term. In the last 10 years, gold has given a great return of 237.5 percent.

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