AuGold Price Per Ounce in India

Live gold price per troy ounce in India, quoted in Indian Rupee (INR). The troy ounce is the unit in which gold is quoted on every major international market — this page converts that benchmark into INR.

Updated: Jul 25, 2026, 9:02 AM ET

24K / 999 · XAU/INR

₹390,774.06

per troy ounce · ₹12,563.68 per gram

Today +310.46 (+0.08%)

Gold Price in India Today (INR)

24K gold per gram₹12,563.68
22K gold per gram₹11,516.70
916 gold per gram₹11,516.70
18K gold per gram₹9,422.76
Gold price per troy ounce (24K)₹390,774.06

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Why gold is quoted per troy ounce

Gold has been quoted per troy ounce since the era of the London gold market, and the convention stuck: COMEX futures, the LBMA benchmark, and spot FX-style XAU/USD quotes are all per troy ounce. A troy ounce weighs 31.1034768 grams — about 10% heavier than the common (avoirdupois) ounce of 28.35 grams used for everyday goods. When you see a headline gold price, it is almost always USD per troy ounce.

The ounce price in INR

The XAU/INR rate on this page is the international USD ounce price converted at the live USD/INR exchange rate. That means the INR ounce price can move even when gold itself is flat, purely because the exchange rate moved.

Indian dealers traditionally quote gold per 10 grams rather than per ounce. The domestic rate includes import duty and GST on top of the international price converted at the USD/INR rate, and MCX gold futures in Mumbai provide the local reference market.

Frequently Asked Questions

What is the gold price per ounce in India today?

The live gold price per troy ounce in INR is displayed at the top of this page. It is the international XAU/USD spot price converted at the current USD/INR exchange rate and updates throughout the trading day.

How many grams are in a troy ounce of gold?

One troy ounce equals exactly 31.1034768 grams. This is heavier than the standard avoirdupois ounce (28.3495 grams) — precious metals always use troy ounces.

Why did the ounce price change when the world gold price didn't?

Because the INR ounce price has two inputs: the USD gold price and the USD/INR exchange rate. If the Indian Rupee weakens against the dollar, the local ounce price rises even with gold unchanged — and vice versa.

Do shops sell gold by the ounce?

Most retail gold in India is sold by the gram, while the ounce is mainly a quoting convention for markets and bullion products such as 1 oz coins and bars. Use the per-gram page to see today's gram rates.

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