Gold Guinea Price in India Falls 1.9% to USD 164,087,138/tonne

The Gold Guinea price in India was quoted at USD 164,087,138/tonne as of 2026-09-04, a weekly fall of 1.9% from USD 167,206,579/tonne on 2026-08-28. Over the month the price has moved in the opposite direction, rising 7.5% from USD 152,644,010/tonne on 2026-08-05. The quarterly change is smaller, at 0.8% above the USD 162,799,284/tonne recorded on 2026-06-05. Year on year, the price is up 36.4% from USD 120,294,056/tonne on 2025-09-04, which also stands as the 52-week low.

The 52-week high is USD 191,405,099/tonne, set on 2026-01-29.

Three developments bear on the Indian market. According to NDTV, the effective import duty on gold was raised from 6% to 15% on May 13, 2026. The World Gold Council reported on 2026-08-19 that jewellery demand rebounded as consumers and retailers replenished inventories ahead of the festive season in early August. The Hindu BusinessLine reported that the Indian rupee appreciated 1% against the US dollar between August 26 and September 4, 2026, driven by Foreign Currency Non-Resident deposit inflows.