SBI Gold ETF Share Price Trend and Gold Benchmark
All prices in ₹ per gram · daily rate, updated once per day
SBI Gold ETF Share Price and the Live Gold Benchmark
The SBI Gold ETF share price usually follows the gold benchmark closely, but the unit price you see on the exchange is still a market price. That means it can move a little above or below the actual gold reference depending on demand, liquidity, and the way the fund trades that day. For Indian investors, the cleanest anchor remains the underlying 24K gold rate, which stands at ₹14,187.07 per gram today.
That base rate matters because ETF pricing is ultimately built on the same gold input that drives coins, bars, and jewellery. The difference is that the ETF strips out making charges, locker storage, and the usual retail noise. If you are checking the SBI Gold ETF share price for a quick allocation decision, start with the spot tone and then watch the exchange quote.
- 24K gold (1 gram): ₹14,187.07
- 22K gold (1 gram): ₹13,004.82
- 18K gold (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
MCX gold futures, LBMA PM fix benchmarks, and the rupee’s exchange rate all feed into the same broader price set. So if the ETF quote looks slightly off from yesterday’s jewellery bill, that is not unusual. Retail gold and exchange-traded gold rarely behave like twins.
Gold Price by Weight for ETF Tracking
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 SBI Gold ETF Share Price Moves the Way It Does
The price action is rarely random. A weaker rupee, a sharp move in crude, or a burst of geopolitical stress can all lift gold quickly, and the ETF usually reflects that shift with very little delay. On the other hand, a calm dollar and easing global risk can flatten the move even if local jewellery demand stays firm.
ETF price is not the same as a shop quote
SBI Gold ETF units trade on the exchange, so supply and demand matter. A jeweller’s quote includes purity differences, BIS hallmark norms, wastage, and making charges. Even when the underlying gold is steady, those extras can push a retail invoice higher than the ETF value you see on screen.
For that reason, the ETF price makes most sense when you compare it with 24K gold, not 22K or 18K jewellery. 22K and 18K carry alloy content, which is why their gram rates sit below pure gold. A BIS hallmark helps confirm purity, but it does not erase making charges or GST at the counter.
If you are reading the SBI Gold ETF share price before a buy order, check the latest spot tone, the MCX trend, and the rupee. That is the real driver set. Everything else is just retail packaging.
Gold Price History Behind SBI Gold ETF
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 | — |
SBI Gold ETF as a Long-Term Allocation
Many Indian investors use gold ETF units as a quiet hedge. They do not buy them to chase a fast gain on every tick. They buy them because gold has a habit of doing its job when equity markets get shaky, inflation stays sticky, or the rupee keeps sliding.
That is where the SBI Gold ETF share price becomes more than a daily quote. It turns into a portfolio input. Digital gold, gold SIPs, and ETFs give smaller investors a way to accumulate exposure without handling coins or paying jeweller margins. Sovereign Gold Bonds have their own place too, with 2.5% annual interest and a lock-in structure, but they are a different instrument altogether. ETF units stay closer to market pricing and trade like shares.
Seasonal buying still matters in India. Diwali, Akshaya Tritiya, and the wedding season can tighten physical demand, and that ripple often reaches bullion sentiment before it shows up on the high street. Over a longer horizon, the 52-week high-low range tells you more than one noisy session ever will.
SBI Gold ETF Share Price — FAQs
The SBI Gold ETF share price moves in line with the gold benchmark. On July 28, 2026, the live gold spot reference on MetalsCost is ₹14,187.07 per gram for 24K gold, which is the base level investors watch before ETF premiums or discounts.
No. SBI Gold ETF tracks gold prices through a fund unit listed on the exchange, while physical gold includes jewellery, coins, or bars. ETF units avoid making charges and storage, but you do need a demat account to buy and sell them.
The ETF follows the domestic gold reference price, which is influenced by LBMA gold, the INR/USD rate, import duty, and MCX gold futures. It does not trade as a jeweller’s quote, so the NAV can differ slightly from retail shop prices.
24K is pure gold, so its per-gram rate is ₹14,187.07. 22K gold is lower because it contains alloy metal, and its indicative per-gram rate is ₹13,004.82 today.
Yes, many investors use gold ETFs as a portfolio hedge. They are useful when you want market-linked exposure without worrying about making charges, purity, or locker storage. Just remember that ETF units can trade at a small premium or discount to NAV.
