Quick Conversions
Gold Price — 10-Day Trend (Gold Loan Reference)
All prices in ₹ per gram · daily rate, updated once per day
Gold Loan Eligibility — Illustrative Estimate
This is an illustrative estimate only, not a loan offer or quote. Using today's 22K gold rate of ₹12,703.24 per gram and the Reserve Bank of India's maximum permitted loan-to-value (LTV) of 75%, here's roughly what different weights of 22K gold jewellery could be worth as loan collateral:
- 10 grams (22K): up to ≈ ₹95,274
- 20 grams (22K): up to ≈ ₹190,549
- 50 grams (22K): up to ≈ ₹476,372
- 100 grams (22K): up to ≈ ₹952,743
These figures assume the RBI's maximum LTV ceiling of 75% and standard 22K purity. Your actual sanctioned amount will depend on your specific lender's valuation policy, on-site purity testing, and any deductions for stones or non-gold components — banks and NBFCs commonly lend somewhat below the maximum LTV, especially for smaller loan amounts.
Gold Price by Weight — Loan Reference
Today's Gold rate is Thirteen Thousand Eight Hundred and Fifty Eight Rupees per gram. At this rate, 10 grams of Gold costs One Lakh Thirty Eight Thousand Five Hundred and Eighty One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹13,858.08 | Thirteen Thousand Eight Hundred and Fifty Eight Rupees |
| 8 Grams | 8.0000 g | ₹110,864.64 | One Lakh Ten Thousand Eight Hundred and Sixty Five Rupees |
| 10 Grams | 10.0000 g | ₹138,580.80 | One Lakh Thirty Eight Thousand Five Hundred and Eighty One Rupees |
| 100 Grams | 100.0000 g | ₹1,385,808.04 | Thirteen Lakh Eighty Five Thousand Eight Hundred and Eight Rupees |
| 1 Kilogram | 1,000.0000 g | ₹13,858,080.42 | One Crore Thirty Eight Lakh Fifty Eight Thousand Eighty Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹392,869.65 | Three Lakh Ninety Two Thousand Eight Hundred and Seventy Rupees |
| 1 Troy Ounce | 31.1035 g | ₹431,034.80 | Four Lakh Thirty One Thousand Thirty Five Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹13,858,080,418.00 | One Thousand Three Hundred and Eighty Five Crore Eighty Lakh Eighty Thousand Four Hundred and Eighteen Rupees |
How Gold Loan Valuation Actually Works
When you take a loan against gold, the lender doesn't just weigh your jewellery and multiply by the day's rate. They typically test purity on-site (often via a touchstone or XRF machine), value only the actual gold content (deducting the weight of stones, enamel, or other non-gold material), and apply their own LTV percentage — which can be below the RBI's 75% ceiling, particularly for lower loan amounts or lower-purity items.
Interest rates on gold loans vary widely by lender — public sector banks, private banks, and NBFCs each price differently, and rates can depend on loan tenure, repayment structure (bullet repayment vs. EMI), and your existing relationship with the lender. There's no single "gold loan rate" that applies everywhere, which is why comparing at least two or three lenders before committing is worth the time.
Gold Price — Last 10 Days
The most recent Gold price on record (2026-11-01) is Thirteen Thousand Eight Hundred and Fifty Eight Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-01 | ₹13,858.08 | 0.00 |
| 2026-10-31 | ₹13,858.08 | -10.76 |
| 2026-10-30 | ₹13,868.84 | -454.76 |
| 2026-10-29 | ₹14,323.60 | -61.52 |
| 2026-10-28 | ₹14,385.12 | +26.98 |
| 2026-10-27 | ₹14,358.14 | +68.28 |
| 2026-10-26 | ₹14,289.86 | +75.81 |
| 2026-10-25 | ₹14,214.04 | 0.00 |
| 2026-10-24 | ₹14,214.04 | -29.60 |
| 2026-10-23 | ₹14,243.64 | — |
Before You Apply for a Gold Loan
Ask your prospective lender for the exact per-gram valuation rate they'll apply (it may differ slightly from the live market rate), their LTV percentage for your gold's purity, the interest rate and whether it's fixed or floating, any processing fees, and — importantly — what happens if you can't repay on time (gold loans use your jewellery as collateral, and default can lead to auction of the pledged gold).
This page provides a general, illustrative estimate for information purposes only — it is not financial advice and not a loan offer. Actual gold loan eligibility, interest rates, and terms are set entirely by individual lenders and can differ meaningfully from the figures above. Always confirm exact terms directly with your bank or NBFC before applying.
Gold Loans — Common Questions
As an illustrative estimate using today's 22K rate of ₹12,703.24/gram and RBI's maximum permitted loan-to-value (LTV) of 75%, 10 grams of 22K gold jewellery could support a loan of roughly ₹95,274. Your actual sanctioned amount depends on your lender's own valuation, purity testing, and specific LTV policy — this is a ballpark, not a quote.
The Reserve Bank of India caps gold loan LTV at 75% of the gold's value for most lenders — meaning a bank or NBFC can lend you up to 75% of your gold's assessed market value. Individual lenders often offer somewhat less than the maximum, especially for lower-purity jewellery.
Yes. Lenders value your gold based on its actual purity (typically tested on-site), not just its weight. 22K gold jewellery is valued higher per gram than 18K, and most lenders don't accept gold below a minimum purity threshold (commonly 18K) or gold with stones/gems, which get deducted from the weighable value.
Typically a government-issued photo ID, address proof, and the gold items themselves for appraisal. Requirements vary by lender — banks and NBFCs may also ask for PAN details for larger loan amounts as per KYC norms.
A gold loan lets you access funds while keeping ownership of your gold, which you get back after repayment — useful if the gold has sentimental value or you expect prices to rise. Selling for cash gives you the full value upfront with no interest cost or repayment obligation, but you permanently lose the asset. The right choice depends on your cash-flow need and time horizon.
