Data Methodology & Sourcing

Where the data comes from

Our base figure is the live international spot price for gold (XAU) and silver (XAG), quoted in US dollars per troy ounce. We convert that to Indian rupees using a live USD–INR exchange rate, then to a per-gram value (1 troy ounce = 31.1035 grams).

• Spot metal price (XAU/XAG) — live commodity spot feed.
• USD–INR — live foreign-exchange rate.
• Historical series — our own stored daily snapshots, calibrated to the live spot price.

From spot to indicative retail rate

The international spot value is the metal value only. Indian retail prices are higher because of import duty, refining, local bullion-association premiums and transport. We apply a typical retail premium to estimate the rate you would see at a jeweller, and a small additional city/state premium where local markets trade above the national figure. 22K (91.6%) and 18K (75%) rates are derived from the 24K rate by purity factor.

How often it updates

Rates are cached on our server and refreshed on a short interval; your browser also re-checks every few minutes. A timestamp is shown next to every price so you always know how recent the figure is. Because spot markets and the rupee move continuously, treat the value as a close indicative estimate rather than a tick-by-tick exchange quote.

What the price excludes

Displayed rates are for the metal only. They exclude jeweller making charges (typically 6%–25%) and the 3% GST levied on gold and silver in India. Use our calculators to estimate an all-in purchase cost including making charges and GST.

Limitations & accuracy

Live MCX futures require a licensed exchange feed and are shown only as illustrative sample data. If a live source is temporarily unavailable, we serve the most recent cached value, and clearly label sample data when used. Always confirm the final rate with your jeweller or bank before transacting. See our full disclaimer.