Gold ETF Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Gold ETF Price in India and the Spot Rate Behind It
The gold ETF price most Indian investors watch is not pulled out of thin air. It usually follows the domestic gold spot rate, which today sits around ₹14,187.07 per gram for 24K reference pricing. That is the number you need if you want to understand what sits under the ETF NAV and why the quote on your broker screen can move even before jewellery shops change their boards.
On MetalsCost, this reference rate is derived from live gold pricing signals that typically mirror the LBMA PM fix, MCX gold movement, and the rupee’s exchange rate against the dollar. That matters because gold ETF units trade on exchange in rupees, while the global benchmark still starts in dollars. A weak rupee can push the local ETF value higher even when overseas gold is flat.
- 24K reference price: ₹14,187.07 per gram
- 22K reference price: ₹13,004.82 per gram
- 18K reference price: ₹10,640.31 per gram
- 10 grams (24K): ₹141,870.74
- 100 grams (24K): ₹1,418,707.38
- 1 kg (24K): ₹14,187,073.77
That 24K base is the cleanest way to think about a gold ETF. It strips away the clutter of making charges, design premiums, and retail negotiation. You are really tracking the metal, not the jewellery bill.
Gold Price by Weight and ETF Link
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 |
Why Gold ETF Price Moves Differ From Jewellery Rate
People often compare the gold ETF price with a jeweller’s display board and assume something is off. Usually, nothing is wrong. The difference is structural. ETF prices reflect investment-grade gold and exchange trading; jewellery prices include fabrication, wastage, and tax treatment. Even BIS hallmarking rules only tell you purity and certification, not the labour bill attached to a necklace.
What actually pushes the number up or down
Start with the obvious one: USD/INR. A falling rupee makes imported gold costlier in India, so the ETF and spot rate both tend to rise. Then there is central bank buying, geopolitical tension, and the crude oil market, which can quietly feed inflation expectations. During festival buying and wedding season, local demand also tightens physical supply, and the ETF side catches some of that sentiment even though it trades on a screen.
For investors, that split is useful. A gold ETF gives you price exposure without worrying about whether the 22K chain you bought had a heavier making charge than expected. If you are buying for protection rather than wear, the ETF route is usually more efficient. If you want to gift gold or hold something tangible, physical coins and bars still have their place, but the bill is never just the metal price.
Gold ETF Price — 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 | — |
Gold ETF Price as an Investment Yardstick
Retail investors rarely buy gold ETFs because they want glamour. They buy them because gold works as a defensive asset, and the ETF makes that exposure neat. No locker. No purity doubt. No bargaining with a showroom executive over charges you did not ask for. If your goal is to build a small position over time, a gold SIP through ETFs can be a practical habit.
There is a difference between gold ETF units and Sovereign Gold Bond holdings, and it is a useful one. SGBs carry 2.5% annual interest, have a lock-in period, and trade on exchanges at market price after listing. ETFs do not pay interest, but they are simpler to buy and sell during market hours. Digital gold is easier still for small-ticket purchases, though the spread can be wider than a plain ETF.
That is why the gold ETF price matters as a benchmark. It tells you whether gold is trading near its 52-week high, whether the market has already priced in panic, and whether a staggered buying plan still makes sense. Around Dhanteras, Akshaya Tritiya, and the wedding season, physical demand in India gets noisy. Long-term investors usually ignore that noise, but they should still know why it exists.
Gold ETF Price — Common Questions
Gold ETF price usually tracks the domestic gold spot rate, which in India moves off the LBMA PM fix, USD/INR swings, import duty, and local market demand. A small tracking difference can appear because ETFs trade on exchanges, not in a jewellery market.
For many investors, yes. A gold ETF avoids making charges, storage risk, and purity worries. Physical gold still makes sense for jewellery buying or gifting, but an ETF is cleaner if you only want price exposure.
Today’s gold ETF price reference on MetalsCost is based on the live gold spot rate of ₹14,187.07 per gram. ETF NAVs and market quotes may differ a little during trading hours.
Broadly, yes. MCX gold futures often move close to the domestic bullion price, though the ETF’s market price can trade at a small premium or discount depending on demand and liquidity.
Not much directly. ETFs track investment-grade gold, closer to 24K purity. The 22K and 18K rates matter more when you are comparing jewellery prices or checking BIS hallmark standards on ornaments.
Yes. Many investors use a gold SIP by buying ETF units periodically through a broker. It is a simple way to build exposure without timing the market every week.
