India, Oct. 9 -- The gold rate in India is mainly influenced by international gold prices, import duties, the US dollar-rupee exchange rate, interest rates, inflation, geopolitical events, and domestic demand. As of 28 September 2026, the price was Rs. 1,52,680 for 24K per 10gm. As India imports a large share of its gold, a shift in the global market and currency exchange rates can influence domestic prices.

Local demand, supply conditions and city-specific market factors can also influence the price of gold in India. Awareness of these factors can help buyers and investors interpret the daily movement of the gold rate and stay informed.

What Determines the Gold Price in India?

Since India imports a large share of its gold, changes in ...