Gold Mini Price in India Falls 1.9% to USD 153,402,074/tonne
Gold Mini in India slipped over the week and month while holding a yearly gain of 16.4%.
Gold Mini in India was quoted at USD 153,402,074/tonne as of 2026-10-01, down 1.9% from USD 156,425,927/tonne on 2026-09-24. The month change was -4.7%, from USD 160,920,471/tonne on 2026-09-01. Over the quarter the price rose 0.2%, from USD 153,089,509/tonne on 2026-07-03. Year on year the price is up 16.4%, from USD 131,791,591/tonne on 2025-10-01.
The 52-week high stands at USD 190,639,196/tonne, recorded on 2026-01-29. The 52-week low stands at USD 131,142,652/tonne, recorded on 2025-10-03.
The World Gold Council reports that India increased customs duty on gold from 6% to 15% effective May 13, 2026. According to ETRetail, India's gold imports fell 57.75% year-on-year to USD 2.3 billion in August 2026.
The World Gold Council also reports that domestic gold prices in India traded at a discount of USD 78/oz to import parity as of September 11, 2026. Moneycontrol reports that retail gold sales in India declined 8-10% year-on-year in September 2026.