Gold Rate in the USA Today
Today's gold price in the USA in USD, based on the international spot price and the daily exchange rate. Sales tax on jewellery varies.
Gold price in USA
Live price and how it is built up in each country.
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How gold is priced in USA
- 1International spot price, set in US dollars per ounce.
- 2Converted to USD.
- 3Purity: 22K is 91.67% of the 24K price, 18K is 75%.
- 4Sales tax: varies — see note below.
- 5Making charges, wastage & shop premium, set by each jeweller — use the calculator above.
No federal VAT. State sales tax varies (0–10%); many states exempt bullion.
Tax and duty rates are indicative and change over time — confirm locally before buying.
India vs
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Tips for expats bringing gold to India
- Duty-free jewellery: up to 20 g for men and 40 g for women if you have lived abroad for 1 year or more.
- Bars and coins have no duty-free allowance — they must be declared and duty is charged.
- Jewellery above the allowance must be declared at the red channel; customs duty applies to the excess.
- Keep the jeweller's invoice showing weight and purity — customs may ask for it.
Rules change often. Check the latest CBIC baggage rules before you travel.
Frequently asked questions
How is the gold price in the USA calculated?
It starts from the international spot price in US dollars per troy ounce, divided by 31.1035 to get the price per gram, converted to USD at the daily exchange rate, and adjusted for purity (22K is 91.67%, 18K is 75%).
Is there tax on gold jewellery in the USA?
Sales tax on jewellery varies in the USA. No federal VAT. State sales tax varies (0–10%); many states exempt bullion.
Is gold cheaper in the USA than in India?
Usually, because India adds a 15% import duty and 3% GST. Use the India vs Dubai comparison and the customs allowance calculator to check the full cost of buying abroad and bringing it to India.