Gold Futures MCX — 10-Day Price Trend
All prices in ₹ per gram · daily rate, updated once per day
Gold Futures MCX Price in India Today
Gold futures MCX is the number traders watch when they want a clean view of market direction. Today’s 24K reference stands at ₹14,187.07 per gram, and the 10 gram benchmark sits at 141,870.74. That gives you the real pulse before a jeweller adds making charges, GST, or a city-level premium.
The price you see here moves close to MCX gold, but not in a straight line. LBMA PM fix, rupee weakness, and import duty changes all leave their mark. By the time retail buyers check the counter, the number has usually been nudged again.
- 24K gold futures: ₹14,187.07 per gram
- 22K gold futures equivalent: ₹13,004.82 per gram
- 18K gold futures equivalent: ₹10,640.31 per gram
- 10 grams: ₹141,870.74
- 100 grams: ₹1,418,707.38
- 1 kg: ₹14,187,073.77
For anyone tracking gold futures mcx in India, that spread between exchange price and retail price matters. Traders care about the contract. Jewellery buyers care about the invoice. They are related, but they are not the same thing.
Gold Futures MCX — Price 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 |
Why Gold Futures MCX Does Not Match the Shop Counter
MCX gold follows a market formula, while the jewellery shop runs on a different set of arithmetic. That is the part many buyers miss. The contract reflects global gold pricing, but a retail bill has to absorb BIS hallmarking compliance, wastage, making charges, and GST. A simple chain or bangle can look cheap by the gram and still cost more than expected once the final bill is printed.
What really moves the futures quote
Start with the dollar. Then the rupee. After that, look at central bank gold buying, geopolitical tension, and crude oil. A sharp move in USD/INR can lift Indian gold even if the international spot market barely blinks. That is why traders watch the LBMA gold benchmark and MCX gold together instead of relying on one feed.
Carat also matters more than most people admit. 24K is the purest form and usually tracks the spot rate most closely. 22K, stamped as 916 gold in BIS hallmarking, is what most Indian jewellery buyers actually purchase. 18K, or 750 gold, is lower in purity but works better for stone-studded designs. The lower the purity, the lower the metal value per gram — but making charges can swallow some of that advantage fast.
Gold Futures MCX — 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 | — |
Trading, Hedging, and Long-Term Gold Exposure
Gold futures mcx has a different job from a necklace or a coin. Traders use it for price discovery and hedging. Retail investors usually want exposure without delivery risk, and that is where gold ETF, digital gold, or Sovereign Gold Bond start to make more sense. The product you choose depends on whether you want liquidity, storage-free ownership, or a long holding period.
SGBs deserve a separate mention because they are not just a paper version of gold. They pay 2.5% annual interest, carry a lock-in, and trade on exchanges after listing. Gold ETF units track domestic gold prices through the exchange, while physical gold still remains the old-fashioned choice for weddings, festivals, and family gifting. Each route has a cost. Ignoring that cost is how people end up comparing the wrong numbers.
Seasonal buying still matters in India. Dhanteras, Akshaya Tritiya, and the wedding season can tighten retail supply even when futures are steady. That is also why the 52-week range matters more than a single day’s print. If gold has already climbed for months, the next move may be smaller than the crowd expects. On the other hand, when global risk rises and the rupee slips, futures can reprice faster than the jewellery market can keep up.
Gold Futures MCX — Common Questions
Gold futures MCX today is tracking around ₹14,187.07 per gram for the 24K benchmark on July 28, 2026. MCX futures move with the global gold spot price, USD/INR, and local duty structure.
MCX gold reflects exchange-traded futures pricing. A jeweller’s bill adds making charges, wastage, and GST, so the final retail price is usually higher than the live MCX-aligned rate.
The 22K equivalent works out to about ₹13,004.82 per gram based on today’s 24K reference of ₹14,187.07.
Because MCX gold reacts to LBMA PM fix trends, rupee moves against the dollar, crude oil, geopolitical headlines, and central bank buying. The contract price can shift before local retail counters fully catch up.
Yes, especially if you want price discovery or hedging. Retail investors who do not want expiry risk often prefer gold ETF, digital gold, or Sovereign Gold Bond depending on liquidity and holding period.
The 10 gram 24K benchmark today is about ₹141,870.74. That is the number most buyers in India compare first, even if the actual invoice changes after making charges.
