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Gold Spot Price — 10-Day Trend (Gold ETF Reference)
All prices in ₹ per gram · daily rate, updated once per day
What a Gold ETF Actually Holds
A Gold ETF is an open-ended fund that buys and stores physical gold — usually 995 or 999 fine bullion — in an insured vault, then issues units against it that trade on the NSE or BSE like any listed share. Nippon India ETF Gold BeES was the first and remains the largest by assets; HDFC Gold ETF and SBI Gold ETF are two of several others run by major fund houses. Each unit is worth roughly 1/100th gram of gold, which is what makes the entry ticket small enough for a retail investor to build a position gradually.
The gold spot price below is the reference point an ETF's net asset value is built on — today it stands at ₹15,101.34 per gram. You don't buy an ETF at this exact number, though: you buy it at whatever price the exchange is quoting for the fund's units, which moves in step with this rate but is not identical to it.
- 24K gold spot (1 gram): ₹15,101.34
- 22K gold spot (1 gram): ₹13,842.89
- 18K gold spot (1 gram): ₹11,326.00
- 10 grams (24K): ₹151,013.37
- 1 kg (24K): ₹15,101,337.05
ETFs track investment-grade, near-24K gold. The 22K and 18K figures above matter mainly if you're separately comparing jewellery pricing — an ETF holder never deals with karat purity the way a jewellery buyer does.
Gold Price by Weight — Gold ETF Reference
Today's Gold rate is Fifteen Thousand One Hundred and One Rupees per gram. At this rate, 10 grams of Gold costs One Lakh Fifty One Thousand Thirteen Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹15,101.34 | Fifteen Thousand One Hundred and One Rupees |
| 8 Grams | 8.0000 g | ₹120,810.70 | One Lakh Twenty Thousand Eight Hundred and Eleven Rupees |
| 10 Grams | 10.0000 g | ₹151,013.37 | One Lakh Fifty One Thousand Thirteen Rupees |
| 100 Grams | 100.0000 g | ₹1,510,133.70 | Fifteen Lakh Ten Thousand One Hundred and Thirty Four Rupees |
| 1 Kilogram | 1,000.0000 g | ₹15,101,337.05 | One Crore Fifty One Lakh One Thousand Three Hundred and Thirty Seven Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹428,115.35 | Four Lakh Twenty Eight Thousand One Hundred and Fifteen Rupees |
| 1 Troy Ounce | 31.1035 g | ₹469,704.44 | Four Lakh Sixty Nine Thousand Seven Hundred and Four Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹15,101,337,045.00 | One Thousand Five Hundred and Ten Crore Thirteen Lakh Thirty Seven Thousand Forty Five Rupees |
The Expense Ratio: Why an ETF Never Tracks Spot Exactly
Every gold ETF charges an annual expense ratio — typically 0.4% to 0.8% of the fund's assets — to cover vault storage, insurance, custodian fees, and fund management. That charge is deducted gradually from the fund's net asset value (NAV), not billed to you separately, which is why a Gold ETF's return over a year normally lags the raw spot gold move by roughly the expense ratio. It's a small, steady drag rather than a one-time fee, and it's the single biggest reason an ETF's price is a close tracker of gold, not a perfect mirror of it.
Two layers of price difference
There's the NAV-to-spot gap, driven by the expense ratio and any cash the fund holds idle. And there's a second gap: because ETF units trade on an exchange during market hours, the quoted market price can drift slightly above or below the fund's actual NAV depending on buy/sell demand at that moment — usually a thin difference for a liquid fund like GOLDBEES, wider for smaller, less-traded ETFs. Both gaps are normal and expected; neither means the fund is mismanaged.
None of this requires a demat account holder to do anything active. You buy units, the fund handles vaulting and insurance, and the expense ratio is already baked into the price you see quoted — there's no separate storage bill the way there would be with physical gold.
Gold Price — Last 10 Days
The most recent Gold price on record (2026-09-16) is Fifteen Thousand One Hundred and One Rupees per gram. This is up by Thirty Three Rupees from the previous day's rate of ₹15,068.07.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-16 | ₹15,101.34 | +33.26 |
| 2026-09-15 | ₹15,068.07 | +36.63 |
| 2026-09-14 | ₹15,031.44 | -268.97 |
| 2026-09-13 | ₹15,300.41 | 0.00 |
| 2026-09-12 | ₹15,300.41 | -46.74 |
| 2026-09-11 | ₹15,347.15 | +66.38 |
| 2026-09-10 | ₹15,280.77 | -141.47 |
| 2026-09-09 | ₹15,422.24 | +121.11 |
| 2026-09-08 | ₹15,301.14 | -1.46 |
| 2026-09-07 | ₹15,302.59 | — |
Gold ETF vs Digital Gold, SGB and Futures
All four routes give you gold price exposure without a locker, but they solve different problems. A digital gold purchase needs no demat account and has no minimum ticket size, which suits very small, frequent buys — the trade-off is a wider buy/sell spread and lighter regulatory oversight than an exchange-listed ETF. A Sovereign Gold Bond pays a fixed 2.5% annual interest on top of gold's price move and is tax-exempt at maturity, but the government stopped issuing new SGB tranches after February 2024 — existing bonds still trade on the exchange, but you can't subscribe to a fresh one. Gold futures are a different category entirely: leveraged, expiring contracts built for active trading, not for someone who wants to hold a position for years.
For a long-term, low-maintenance position, an ETF is usually the simplest of the four — no expiry to track, no interest payout to reinvest, and a cost structure that's transparent because it's published in the fund's factsheet. What it can't offer is the interest income of an SGB or the near-zero minimum of digital gold, so the right pick depends on whether you value simplicity, yield, or ticket size more.
Gold ETF — Common Questions
A Gold ETF is an open-ended fund that holds physical gold (or gold-backed assets) in a secure vault and issues units that trade on the stock exchange like a share — for example, Nippon India ETF Gold BeES, HDFC Gold ETF, and SBI Gold ETF. Each unit is worth roughly 1/100th gram of gold, so you can build a gold position for a small amount without storing any metal yourself.
Not exactly — it tracks it closely, minus the fund's annual expense ratio, which is typically 0.4–0.8%. That fee covers vault storage, insurance, and fund management, and it's deducted gradually from the fund's NAV, so a Gold ETF's return over a year normally lags the raw spot gold move by roughly the expense ratio.
A demat and trading account, the same one you'd use to buy shares. You place a buy order for ETF units on the NSE or BSE during market hours, at whatever price the market is quoting — which can trade at a small premium or discount to the fund's actual NAV depending on liquidity that day.
A Gold ETF is SEBI-regulated and generally has a tighter, more transparent cost structure, but it needs a demat account and doesn't allow the very small ticket sizes digital gold does. See our Digital Gold Price page for the full comparison.
They solve different problems. An SGB pays a fixed 2.5% annual interest on top of gold's price move and offers a capital-gains tax exemption at maturity, but new SGB tranches are no longer issued by the government (the last was Series IV, February 2024) — you can now only buy existing SGBs on the exchange. A Gold ETF has no interest, but you can buy fresh units any trading day. See our Sovereign Gold Bond Price page.
You can buy and sell ETF units any market day, but they aren't the same as futures. An ETF unit represents real fund ownership with no expiry and no margin calls; a futures contract is a leveraged, expiring derivative built for traders, not long-term holders. See our Gold Futures page for how that works.
