Gold Mini MCX — 10-Day Price Trend
All prices in ₹ per gram · daily rate, updated once per day
Gold Mini MCX Price in India Today
Gold mini MCX is the cleaner way to track the smaller gold futures move without staring at the full physical buying bill. The live reference on this page is ₹14,187.07 per gram for 24K gold on July 28, 2026, and that gives you a solid base before the market adds futures premium or the jeweller adds retail costs.
If you are checking the gold mini MCX level against a jewellery quote, do not mix the two and pretend they mean the same thing. MCX gold follows futures pricing, while retail gold is built on the landed import rate, local demand and the jeweller’s spread. That gap is normal. It is also where many first-time buyers get confused.
- 24K (1 gram): ₹14,187.07
- 22K (1 gram): ₹13,004.82
- 18K (1 gram): ₹10,640.31
- 10 grams (24K): ₹141,870.74
- 100 grams (24K): ₹1,418,707.38
- 1 kg (24K): ₹14,187,073.77
At a market level, the move usually starts with LBMA gold in USD per troy ounce and then comes through the INR conversion. By the time it reaches India, import duty and GST have already left their mark. That is why the number you see on an exchange screen and the number you pay at a showroom are never twins.
Gold Mini 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 Mini MCX Does Not Match a Jeweller’s Bill
Retail buyers usually glance at the futures rate and assume the shop should print the same figure on the invoice. It does not work that way. Gold mini MCX tells you what the market is doing; a showroom bill tells you what the market did, plus workmanship, plus tax, plus whatever premium the counter is charging that afternoon.
Carat matters more than most people admit
24K is the purest form and usually sits at the spot reference. 22K is the workhorse for Indian jewellery because it balances purity and durability, and 18K shows up in lighter, fashion-led pieces. BIS hallmarking helps here. A 916 stamp means 22K, while 999 points to near-pure gold. If the stamp is missing, the buyer should slow down and ask questions instead of hoping for the best.
Three things move the rate fastest in practice: USD/INR, global risk sentiment and festival buying. When the rupee weakens, imported gold becomes more expensive almost immediately. When crude spikes or geopolitics turns messy, safe-haven demand usually follows. And when Diwali or Akshaya Tritiya gets close, domestic retail demand can tighten the market even if overseas prices look calm.
Gold Mini 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 | — |
How Traders Read Gold Mini MCX Before Taking a Position
Small traders do not chase gold mini MCX blindly. They watch the contract size, expiry, rollover cost and the spread between spot and futures. If the basis widens too much, the trade starts leaning on carry rather than conviction. That is usually where impatient money gets hurt.
For people who prefer holding the asset rather than trading the contract, gold ETFs, digital gold and Sovereign Gold Bond can be more practical. ETFs move with the market and sit in a demat account. Digital gold lets you buy in small amounts. SGBs are different altogether: they pay 2.5% annual interest, have a lock-in, and trade on exchanges at market prices, which makes them a separate animal from physical jewellery. None of them carry the same making charges headache that physical gold does.
From a longer lens, the gold mini MCX line on a chart tells you more than a one-day jump ever will. The last 52-week range, central bank buying, and the steady habit of Indian households adding gold during weddings and festivals all matter. Gold is not just a store of value in India. It is also a family decision, a liquidity buffer and, for some traders, a clean macro hedge when equity volatility gets noisy.
Gold Mini MCX — Common Questions
Gold mini MCX usually refers to the smaller gold futures contract traded on MCX, often tracked by retail traders who want exposure without taking the full 1 kg contract route. On this page, the live reference price is ₹14,187.07 per gram for 24K gold as of July 28, 2026.
Gold mini MCX follows futures market pricing, while jeweller pricing adds making charges, GST and local premium. The 22K reference on this page is ₹13,004.82 per gram, but a chain or bangles bill can still land higher after labour and tax.
Ten grams of 24K gold works out to ₹141,870.74 today. That is the clean spot-style conversion before making charges or retail markup.
No, and that gap matters. LBMA gold is quoted internationally in USD per troy ounce, then India’s landed rate gets converted into INR and adjusted for import duty, GST and market spread. MCX gold tracks that flow closely, but not tick-for-tick.
It can be, if you understand margin, expiry and rollover costs. Small traders usually watch the smaller lot size because it behaves more like a tradable hedge than physical gold ownership.
