Gold Price in India Per Tael (Hong Kong)

How the INR reference is calculated

The international gold reference comes from MetalflowAPI. This country table translates the USD ounce using a daily-reference USD exchange rate, then divides by 31.1034768 to obtain a gram value. Live responses are cached for five minutes and FX responses for fifteen minutes, with the FX provider updating its reference daily. The conversion is indicative: it is not a local dealer's executable quote, a bank's conversion price or an official domestic benchmark. If local FX is unavailable, the table explicitly switches to USD rather than presenting dollars as INR.

A Tael (Hong Kong) example at the current reference

37.4290 g of fine gold has a spot reference of INR 474,772.05. A gross-weight 999 alloy at that weight contains 37.3916 g of fine metal, with a reference of INR 474,297.28. For comparison, the same net weight at 18K contains 28.0718 g of gold, valued at INR 356,079.04 before buyer deductions. Calculations retain precision before rounding. Record the source time with an offer comparison, because refreshing a page may retrieve the same cached observation.

Weight conventions in India

Indian retail gold comparisons frequently use grams and 10 g; some buyers use tola. This site defines one tola as 11.6638038 g. Confirm whether a local rate is for 22K jewelry or fine gold before comparing it with the table.

Hallmarks, purity and net weight

Read the purity marking together with the BIS hallmark and applicable HUID information. The BIS verification process and a physical assay answer different questions; a printed 916 number alone is not proof of authenticity. Nominal 22K math and a 916 fineness stamp differ slightly.

Compare a sale, a purchase and a pawn loan separately

A retail purchase includes product premiums, workmanship where relevant and agreed delivered costs. A scrap offer depends on tested content and buyer deductions, which are not supplied by this price feed. Request accepted net weight, tested fineness, reference time, fees and final payment in writing. Compare that final payment against the matching metal reference, not a percentage advertised before deductions. A recognizable brand, collectible coin or valuable stone may have a resale route beyond scrap. A pawn advance is a loan: total redemption charges and its deadline must be assessed separately from metal value.

Taxes, transaction records and local terms

Separate the metal rate, making charges and applicable taxes on the actual invoice. Check current official GST and import rules rather than treating an international spot conversion as a tax-inclusive Indian retail quote. Keep invoices and authenticity records, and check shipping insurance explicitly covers precious metal. This reference excludes tax, storage, delivery, refining costs and currency spreads. For legal or accounting valuations, establish which date and benchmark the relevant authority requires; a spot estimate does not certify your item.

Currency movements can change the INR reference even when the USD metal price is steady. Conversely, a strong local currency can offset an increase in the international price. Historic performance does not ensure an inflation hedge over your own holding period. Use available charts for observed context, not an assumed future return. Read the full price methodology and compare gold purity with the scrap calculator before a transaction.