Gold Rate in Australia Today (18 October 2026) — 18K, 22K (916 KDM) & 24K
Today’s prices
Today's Gold Price by Weight
| Weight | 22K (916) | 24K (999) | 18K (750) |
|---|---|---|---|
| 1 gram | AUD 186.40 | AUD 203.30 | AUD 152.50 |
| 8 grams | AUD 1,491.20 | AUD 1,626.40 | AUD 1,220.00 |
| 10 grams | AUD 1,864.00 | AUD 2,033.00 | AUD 1,525.00 |
| 1 Tola (11.664g) | AUD 2,174.17 | AUD 2,371.29 | AUD 1,778.76 |
| 100 grams | AUD 18,640.00 | AUD 20,330.00 | AUD 15,250.00 |
Disclaimer: Rates are indicative and may vary by jeweller. Making charges and local taxes may apply.
Market Analysis
Today's gold rate in Australia is AUD 186.40 per gram for 22k gold. The price has decreased by 0.00% compared to yesterday. Over the last 30 days, the highest recorded rate was AUD 187.10 on 16 October and the lowest was AUD 182.90 on 15 October. The market has shown moderate volatility of 2.30% this month.
Gold Investment Guide for Australia
Digital Gold vs Physical Gold
Taxation on Gold
Checklist Before Buying
2. Compare Making Charges across jewelers in Australia.
3. Ensure the invoice includes the HUID code for buyback assurance.
Live Gold Price Trends in Australia per Gram
As of 18 October 2026, the gold rate in Australia is AUD 203.30/gram (24K pure) and AUD 186.40/gram (22K hallmark jewelry gold). The 18K rate — popular for diamond-studded jewelry — stands at AUD 152.50/gram. Over the last 10 days, 22K gold in Australia moved between a low of AUD 182.90 and a high of AUD 187.10 per gram (0.65% change). All prices are updated 6× daily from the MCX benchmark. Rates are sourced from the MCX benchmark and IBJA daily announcements. Use our free gold calculator to plan your purchase or investment.
Australia is one of the world's largest gold producers — ranking 2nd globally — with major mines in Western Australia (Kalgoorlie Super Pit) and South Australia. The Perth Mint, established in 1899, is Australia's official bullion mint and one of the most respected refineries globally, producing the Australian Gold Kangaroo/Nugget coins and 99.99% gold bars. Gold in Australia is priced in Australian Dollars (AUD) based on the international spot price. Investment-grade gold (99.5%+ purity) is exempt from GST under Australian tax law, making it tax-efficient for buyers. Major bullion dealers include ABC Bullion (Sydney), ABC Bullion (Melbourne), and Perth Mint's online store. Gold ETFs on the ASX — such as GOLD (SPDR Gold Shares) and PMGOLD (Perth Mint Physical Gold) — are popular for Indian-Australians who prefer paper gold. Indian diaspora in Australia (over 700,000 strong) traditionally purchase 22K jewellery from Indian jewellers in Melbourne's Dandenong and Sydney's Parramatta and Auburn precincts during festivals like Diwali and Akshaya Tritiya.
Australia gold rate today (18 October 2026): 22K (916 KDM) AUD 186.40/g & 24K AUD 203.30/g. Updated 6× daily. 10-day trend + free calculator.
Trend
| Date | Price / g | Change / g |
|---|---|---|
| 18 October 2026 | AUD 186.40 | AUD 0.00 (+0.00%) |
| 17 October 2026 | AUD 186.40 | -AUD 0.70 (-0.37%) |
| 16 October 2026 | AUD 187.10 | +AUD 4.20 (+2.30%) |
| 15 October 2026 | AUD 182.90 | -AUD 2.40 (-1.30%) |
| 14 October 2026 | AUD 185.30 | -AUD 1.00 (-0.54%) |
| 13 October 2026 | AUD 186.30 | -AUD 0.50 (-0.27%) |
| 12 October 2026 | AUD 186.80 | +AUD 0.10 (+0.05%) |
| 11 October 2026 | AUD 186.70 | AUD 0.00 (+0.00%) |
| 10 October 2026 | AUD 186.70 | +AUD 1.50 (+0.81%) |
| 09 October 2026 | AUD 185.20 | +AUD 1.70 (+0.93%) |
Gold Rate in Other Cities
FAQ
How is the gold rate in Australia determined?
The gold rate in Australia is influenced by international market prices, the USD to INR exchange rate, and local import duties. Additionally, local jewelry associations in Australia may adjust rates based on local demand and supply factors.
Is today a good time to buy gold in Australia?
Gold is a hedge against inflation. If the current live rate in Australia is lower than the 10-day average, it might be a good entry point. Always check our live 18 October 2026 prices before visiting a jeweler.
What is the difference between 22K and 24K gold in Australia?
24K gold is 99.9% pure and used for investment bars. 22K gold contains 91.6% gold mixed with other metals to make it durable enough for jewelry. The price of 24K is always higher than 22K in Australia.
Are gold rates the same across all jewelers in Australia?
While the base gold rate remains similar, the final price varies due to making charges and wastage fees, which differ from one jewelry showroom to another in Australia.
Does Australia have a specific tax on gold?
Gold purchases in Australia, like the rest of India, attract a standard 3% GST on the value of the gold and the making charges.