Cost of Gold per Gram — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Cost of Gold per Gram in India Today
The cost of gold per gram in India today sits at ₹14,187.07 for 24K purity as of July 28, 2026. That number matters because it is the cleanest way to read the market before a jeweller adds making charges, hallmarking overhead and GST. For most retail buyers, the sticker price on the board is only the starting point.
On a straight metal basis, the usual gram values work out like this:
- 24K gold, 1 gram: ₹14,187.07
- 22K gold, 1 gram: ₹13,004.82
- 18K gold, 1 gram: ₹10,640.31
- 24K gold, 10 grams: ₹141,870.74
- 24K gold, 100 grams: ₹1,418,707.38
- 24K gold, 1 kg: ₹14,187,073.77
The market does not move in a straight line. LBMA gold sets the global reference, MCX gold tracks domestic sentiment, and the rupee’s weakness or strength against the dollar can tilt the local rate even when international prices look flat. That is why the cost of gold per gram can feel stubborn on some days and surprisingly soft on others.
Cost of Gold per Gram by Weight
Today's Gold rate is Fourteen Thousand One Hundred and Eighty Seven Rupees per gram. At this rate, 10 grams of Gold costs One Lakh Forty One Thousand Eight Hundred and Seventy One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹14,187.07 | Fourteen Thousand One Hundred and Eighty Seven Rupees |
| 8 Grams | 8.0000 g | ₹113,496.59 | One Lakh Thirteen Thousand Four Hundred and Ninety Seven Rupees |
| 10 Grams | 10.0000 g | ₹141,870.74 | One Lakh Forty One Thousand Eight Hundred and Seventy One Rupees |
| 100 Grams | 100.0000 g | ₹1,418,707.38 | Fourteen Lakh Eighteen Thousand Seven Hundred and Seven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹14,187,073.77 | One Crore Forty One Lakh Eighty Seven Thousand Seventy Four Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹402,196.45 | Four Lakh Two Thousand One Hundred and Ninety Six Rupees |
| 1 Troy Ounce | 31.1035 g | ₹441,267.65 | Four Lakh Forty One Thousand Two Hundred and Sixty Eight Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹14,187,073,766.00 | Fourteen Hundred and Eighteen Crore Seventy Lakh Seventy Three Thousand Seven Hundred and Sixty Six Rupees |
What Moves the Cost of Gold per Gram
Gold pricing in India is a blend of global triggers and local math. The LBMA PM fix gives the international base, then the USD/INR exchange rate converts it into rupees, and India-specific import duty, duties on gold bars and dealer margins fill the rest of the gap. When the rupee weakens, the domestic rate usually climbs even if overseas bullion is quiet.
Why the bill at a jewellery store is higher
A pure rate board shows the metal value only. A BIS hallmark on 916 jewellery confirms the purity standard, but it does not erase making charges, wastage adjustments, or the cost of design work. A light chain and a heavy bridal set can carry very different effective prices per gram, and that difference often surprises first-time buyers.
Festive demand also matters. Diwali buying, Akshaya Tritiya purchases, and the wedding season can tighten retail availability and push premiums higher. Add a sharp move in crude oil, a geopolitical flare-up, or central bank gold buying, and the cost of gold per gram can shift faster than shoppers expect.
Cost of Gold per Gram — Last 10 Days
The most recent Gold price on record (2026-07-28) is Fourteen Thousand One Hundred and Eighty Seven Rupees per gram. This is down by One Hundred and Ninety Rupees from the previous day's rate of ₹14,377.40.
| Date | Price (₹/g) | Change |
|---|---|---|
| 2026-07-28 | ₹14,187.07 | -190.33 |
| 2026-07-27 | ₹14,377.40 | +36.55 |
| 2026-07-26 | ₹14,340.85 | 0.00 |
| 2026-07-25 | ₹14,340.85 | +59.88 |
| 2026-07-24 | ₹14,280.97 | -291.28 |
| 2026-07-23 | ₹14,572.25 | +177.46 |
| 2026-07-22 | ₹14,394.78 | +141.04 |
| 2026-07-21 | ₹14,253.74 | +104.76 |
| 2026-07-20 | ₹14,148.99 | +33.54 |
| 2026-07-19 | ₹14,115.44 | — |
How to Think About Gold Beyond the Daily Rate
If you are tracking the cost of gold per gram for investment rather than jewellery, the real question is not just today’s rate. It is whether you want storage, liquidity, and flexibility. Physical gold works well for gifting and family use, but it comes with purity checks, storage issues, and a premium that can widen when demand heats up.
Gold ETFs and digital gold remove the locker problem. They follow the market price closely, are easier to buy in small amounts, and suit systematic investing better than a one-time purchase. Sovereign Gold Bond is different again: it tracks gold value, pays 2.5% annual interest, and has a lock-in structure that many retail buyers overlook the first time they compare options. That interest feature is small but real, and in a flat market it helps.
Seasonality still has a way of forcing the issue. Wedding demand in the winter months, Dhanteras buying, and Akshaya Tritiya can all pull cash buyers back into the market even when ETFs look more attractive on paper. Over a full cycle, gold also serves a rupee-hedging role, which is why long-term investors keep a close eye on the 52-week range, not just the day’s gram rate.
Cost of Gold per Gram — FAQs
The cost of gold per gram in India today is ₹14,187.07 for 24K pure gold as of July 28, 2026. Jewellery rates can run higher after making charges, wastage and GST.
The 22K cost of gold per gram today is ₹13,004.82. That is the usual basis for hallmarked 916 jewellery, which is what most buyers actually walk out with.
The 10 gram cost of gold in India today is ₹141,870.74 for 24K gold. For 22K jewellery, the metal value is lower per gram, but final billing usually climbs once making charges are added.
The benchmark usually starts with the LBMA PM fix in USD per troy ounce, then converts into INR using the USD/INR rate, divides by 31.1035 grams and adds India-specific costs such as import duty, local taxes and trade premiums. MCX gold futures tend to track that structure closely.
A jeweller sells finished jewellery, not bare metal. BIS hallmarking confirms purity, but the invoice also includes making charges, design wastage, stone settings in some cases and GST. That is why the retail bill almost never matches the spot number on a price board.
If you want storage-free exposure, a gold ETF or digital gold is cleaner. Physical gold still appeals for gifts and family purchases, while Sovereign Gold Bonds add a 2.5% annual interest benefit but come with a longer holding structure.
