Can NRIs buy gold in India? Rules, PAN and payment

Updated: 13 Oct 2026. Live rate every 30 seconds.

Yes, NRIs can freely buy gold jewellery, coins and bars from jewellers in India.

Documents

For purchases of ₹2 lakh or more, jewellers must collect a PAN (or Form 60 if you don't have one) and ID. Carry your passport.

Paying

Indian law limits cash transactions of ₹2 lakh or more, so pay larger amounts by card, UPI from an NRO account, or bank transfer. International cards work at most big jewellers, but check foreign transaction fees.

Hallmark

Every hallmarked piece carries a 6-character HUID code that you can verify in the BIS Care app.

Taking it back abroad

Check your country's customs rules for declaring jewellery when you return.

Frequently asked questions

Is this price live?

Yes. Prices are calculated in your browser from the live international gold price and live exchange rates, and refresh every 30 seconds.

Why can a shop price be different?

Shops add their own premium and making charges, and some update prices only once or twice a day. Treat these as indicative prices and confirm with your jeweller.

Does the Indian price include import duty?

Yes. The India price includes the 15% import duty (10% basic customs duty + 5% AIDC since May 2026). 3% GST is shown separately.