Quick Conversions
Gold Mini MCX — 10-Day Price Trend
All prices in ₹ per gram · daily rate, updated once per day
Gold Mini: MCX's Smaller Gold Contract
Gold Mini is one rung down from the standard MCX Gold contract we cover on our MCX Gold Rate page. Where the full contract has a trading unit of 1 kilogram, Gold Mini's trading unit is 100 grams — one-tenth the size. Both are quoted the same way, in rupees per 10 grams, so a Gold Mini price and a full MCX Gold price look identical on screen; it's the lot behind that number that differs.
That smaller lot size is the entire point. Because each tick move on a Gold Mini position is worth roughly a tenth of the same move on a full 1 kg contract, it takes proportionally less margin to hold one — which is why Gold Mini exists at all. It's built for retail-sized traders and smaller hedgers who want direct exposure to gold's price movement without needing the capital a full-size contract demands, not for bullion dealers moving large physical volumes.
Gold Price by Weight
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 |
Where Gold Mini Sits on MCX's Full Contract Ladder
MCX doesn't stop at two gold contract sizes. Below Gold Mini sit two smaller variants still: Gold Guinea, an 8-gram lot quoted per 8 grams, and Gold Petal, a 1-gram lot quoted per 1 gram — both aimed at traders who want an even smaller, lower-capital foothold in the market. The whole ladder — Gold, Gold Mini, Gold Guinea, Gold Petal — exists so a trader's account size, not the underlying gold price, decides which contract they can realistically use.
Mechanically, Gold Mini behaves exactly like the full contract: the same expiry cycle, the same compulsory-delivery structure if held to expiry, the same underlying gold price. What changes is purely the scale — smaller lot, smaller margin outlay, smaller swing in rupee terms per tick. For a trader deciding between the two, it usually comes down to available capital rather than any difference in how the contract itself works.
Gold Mini MCX — 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 Mini vs Physical Gold — Two Different Things Entirely
It's worth being clear about what Gold Mini is not: it is not a way to buy physical gold in a smaller size. It's a futures contract — an agreed price for a future date, with its own margin, expiry and (if held that long) delivery mechanics. A buyer who actually wants gold in hand, or exposure without any of that structure, is better served by a jeweller, a gold ETF, digital gold or a Sovereign Gold Bond — see our Glossary for how each of those actually works. Gold Mini's real audience is traders who specifically want the futures instrument, just at a size a smaller account can carry.
Gold Mini MCX FAQs
Gold Mini is MCX's smaller gold futures contract: a trading unit of 100 grams per lot, against 1 kilogram for the standard MCX Gold contract. Like the full contract, it's quoted in rupees per 10 grams — same quoting convention, one-tenth the lot size.
The lot size is the whole difference: 100 grams instead of 1 kilogram. Because each tick move on Gold Mini works out to roughly a tenth of what the same move is worth on the full contract, it needs proportionally less margin to trade — which is exactly why it's aimed at smaller retail participants and hedgers rather than large bullion dealers. See our MCX Gold Rate page for the full-size contract's own specs.
Yes — MCX also lists Gold Guinea (an 8-gram lot, quoted per 8 grams) and Gold Petal (a 1-gram lot, quoted per 1 gram), both built for even smaller positions than Gold Mini. The ladder exists so traders at very different capital levels can all access the same underlying gold price.
Retail traders and smaller hedgers who want direct exposure to gold price movement without committing the capital a 1 kg lot requires. It behaves the same way mechanically as the full contract — same expiry structure, same delivery obligation if held to expiry — just at a scale that fits a smaller account.
MetalsCost's tracked 24K gold benchmark is ₹15,101.34 per gram as of September 16, 2026, giving a 10-gram value of ₹151,013.37. That's our own domestic spot-style reference, separate from the live MCX Gold Mini contract price itself, though the two move together.
