1 Gram Gold Rate Today — Live 24K, 22K & 18K Price (2026)

The 1 gram gold rate is the official per-gram price of gold set each morning by the India Bullion & Jewellers Association (IBJA) based on international gold prices, the USD/INR exchange rate, import duty and GST. For example, today 1 gram of 24K (999) gold is roughly ₹7,950, 22K (916) gold around ₹7,300 and 18K (750) gold about ₹5,950. Check our live Gold Rate page for the exact figure that updates hourly for major Indian cities.

Today 1 gram of 24K (999) gold — the purest form — costs about ₹7,950 per gram (excl. making). 24K is used for coins, bars and biscuits, not jewellery, because pure gold is too soft. The exact figure changes daily and varies slightly by city; see the live 24K rate on our Gold Rate page for your location.

Today 1 gram of 22K (916) gold — the jewellery standard — costs about ₹7,300 per gram (excl. making charges). 22K is 91.6% pure gold, hard enough for chains, bangles and rings. Add 8–25% making charges plus 3% GST on gold to get the final jeweller price for ornaments.

Today 1 gram of 18K (750) gold costs about ₹5,950 per gram. 18K is 75% pure gold and is mainly used for diamond and studded jewellery because its harder alloy holds gemstones securely. It is roughly 18–20% cheaper per gram than 22K gold.

The 1-gram gold rate is built from four parts: (1) the international gold spot price per troy ounce (1 troy oz = 31.1035 grams); (2) the USD/INR exchange rate; (3) India's import/customs duty; (4) 3% GST. The IBJA divides the landed cost per ounce by 31.1035 to get the per-gram 24K rate, then derives 22K (×0.916) and 18K (×0.75). City-level small differences come from local taxes, freight and jeweller margins.

It depends on what you read. The IBJA-published "gold rate" is usually the ex-GST rate that jewellers quote for 24K/22K metal value. On actual purchase you pay 3% GST on the gold value + 5% GST on making charges. So the effective 1-gram cost you pay at the counter is roughly 3% above the published rate for a coin, and higher for jewellery due to making charges.

GST on gold is 3% of the gold value. So on 1 gram of 22K gold at ₹7,300, the GST is about ₹219. For jewellery, you also pay 5% GST on the making charges. On a 24K gold coin/biscuit there is no making charge, so the only tax is the flat 3% GST on the gold value.

1 Pavan (also called 1 sovereign) equals 8 grams of gold. So if today's 1-gram 22K rate is ₹7,300, then 1 Pavan (8g) of 22K gold is ₹7,300 × 8 = ₹58,400 (gold value, before making and GST). Pavan is the traditional unit used in South India, especially Kerala and Tamil Nadu.

1 Tola equals 10 grams of gold (in India). So 1 Tola of 22K gold at ₹7,300/gram = ₹73,000 of gold value. Tola is commonly used in North and West India. Note: the international "troy ounce" (31.1035g) is different from the Indian "tola" (10g).

Yes, but only slightly — usually within ₹50–200 per gram between major cities. The differences come from local taxes, freight, jeweller associations and demand. Mumbai, Delhi, Chennai, Bangalore, Hyderabad and Kolkata all publish their own daily rates. Across India the underlying IBJA rate is the same; city variations are small adjustments on top of it.

Gold changes daily because its price is driven by global factors: international spot price (set in USD per troy ounce), the USD/INR exchange rate, India's import duty, global demand (central-bank buying, jewellery, ETFs), geopolitical tension and US interest rates. When any of these move, the per-gram rate in India adjusts the next morning when IBJA publishes the day's rate.

Mostly yes, but not always. The IBJA publishes the official daily rate once each morning, and most jewellers hold it for the whole day. However, on volatile global days the rate can be revised in the afternoon or evening. Some jewellers update intraday during big price swings. Always ask which rate (morning or revised) your jeweller is applying before paying.

MCX gold is the futures trading price per 10 grams (or 100g/1kg) for contracts settled in future, set by traders during market hours. The 1-gram retail rate is the physical-gold price you pay today, derived from the spot price + import duty + GST + jeweller margin. Retail is usually a bit higher than MCX spot for physical delivery; MCX is useful as a real-time direction indicator, not the price you pay at a shop.

A gold loan is capped at 75% LTV (Loan-to-Value) by RBI rules. Against 1 gram of 22K gold at ₹7,300, the gold value is ₹7,300 and the maximum loan is about ₹5,475 per gram (75%). Banks/NBFCs typically lend ₹5,000–5,400 per gram of 22K jewellery depending on the lender and purity test. 18K gold is valued lower; 24K coins are often not accepted for gold loans.

For starting small, yes — 1-gram gold coins and digital gold let you begin investing with a low amount. But for serious wealth, Sovereign Gold Bonds (SGBs, secondary market), Gold ETFs and Gold Mutual Funds are better because they avoid making charges (8–25% on coins), physical storage risk and resale discounts. Treat 1-gram physical coins as small savings, not the most efficient gold investment.