✔ City-wise 1-gram rate (Mumbai, Delhi, Chennai, Bangalore…)
✔ Full 1g → 1kg weight conversion table
✔ Step-by-step per-gram price formula + GST breakup
💡 Key Takeaway:
The 1-gram rate is the atom of all gold pricing. Know today's per-gram rate before you walk into any shop — then multiply by the weight, add 3% GST and making charges (8–25% for jewellery, ~0% for coins). That single number lets you spot an overpriced quote in seconds.
🟡 1 Gram Gold Rate Today (India) — 24K / 22K / 18K
⚖️ 1-Gram Gold Rate × Weight (24K & 22K)
Every weight is just the 1-gram rate multiplied. Values use today's live rate (live).
| Weight | 24K Value | 22K Value | Also Known As |
|---|---|---|---|
| 1 gram | ₹15,556 | ₹14,255 | Base unit |
| 2 grams | ₹31,112 | ₹28,510 | Small coin |
| 5 grams | ₹77,780 | ₹71,275 | Common coin |
| 8 grams | ₹1,24,448 | ₹1,14,040 | 1 Pavan / 1 Sovereign |
| 10 grams | ₹1,55,560 | ₹1,42,550 | 1 Tola |
| 20 grams | ₹3,11,120 | ₹2,85,100 | 2 Tola |
| 50 grams | ₹7,77,800 | ₹7,12,750 | Small bar / biscuit |
| 100 grams | ₹15,55,600 | ₹14,25,500 | Standard bar |
| 250 grams | ₹38,89,000 | ₹35,63,750 | Large bar |
| 500 grams | ₹77,78,000 | ₹71,27,500 | Half kilo |
| 1 kg (1000g) | ₹1,55,56,000 | ₹1,42,55,000 | Wholesale bar |
🏙️ 1-Gram Gold Rate by City (24K & 22K)
City rates differ slightly due to local taxes, freight and jeweller margins. Tap a city for its full live rate page.
| City | 24K / gram | 22K / gram | Live Page |
|---|---|---|---|
| Mumbai | ₹15,556 | ₹14,255 | View Mumbai → |
| Delhi | ₹15,556 | ₹14,255 | View Delhi → |
| Bangalore | ₹15,556 | ₹14,255 | View Bangalore → |
| Chennai | ₹15,556 | ₹14,255 | View Chennai → |
| Hyderabad | ₹15,556 | ₹14,255 | View Hyderabad → |
| Kolkata | ₹15,556 | ₹14,255 | View Kolkata → |
| Ahmedabad | ₹15,556 | ₹14,255 | View Ahmedabad → |
📐 What "1 Gram Gold Rate" Means
If you have ever bought gold — a coin, a small chain, a wedding bangle — you have heard jewellers quote the price "per gram". That single number, the 1 gram gold rate, is the foundation of every gold transaction in India. Whether you buy 1 gram or 1 kilogram, the math always starts from the 1-gram rate and multiplies up.
This guide explains everything about the 1-gram gold rate— today's live 24K/22K/18K price, how it differs by city, how the per-gram price is calculated from international gold, what GST and making charges add, and the smart way to use the 1-gram number to never overpay. By the end you will read any gold quote like a professional.
Table of Contents
1. What "1 Gram Gold Rate" Really Means
The 1 gram gold rate is simply the price of one gram of gold, quoted in Indian Rupees. It is published every morning by the India Bullion & Jewellers Association (IBJA) and is the reference number every jeweller, bank and gold-loan company in India uses to price gold that day.
Globally, gold trades in troy ounces (1 troy oz = 31.1035 grams). India converts that into a per-gram rate so the price is easy for retail buyers to understand. From the 1-gram rate, every other weight is a simple multiplication:
| Unit | In Grams | Used In |
|---|---|---|
| 1 gram | 1 g | Base unit — quoted everywhere |
| 1 Pavan / Sovereign | 8 g | South India (Kerala, TN) |
| 1 Tola | 10 g | North & West India |
| 1 Troy Ounce | 31.1035 g | International spot market |
| 1 kg bar | 1000 g | Wholesale / bullion |
2. Today's 1 Gram Rate by Purity (24K / 22K / 18K)
Gold purity is measured in karats (K). The purer the gold, the higher the per-gram price. Here is how the three most common purities compare on today's 1-gram rate:
| Purity | Hallmark | % Gold | 1g Rate | Best For |
|---|---|---|---|---|
| 24K | 999 | 99.9% | ₹15,556 | Coins, bars, investment |
| 22K | 916 | 91.6% | ₹14,255 | ✅ Jewellery (the standard) |
| 18K | 750 | 75.0% | ₹11,664 | Diamond / studded jewellery |
3. Does the 1 Gram Rate Differ by City?
The underlying IBJA rate is the same across India, but the rate you actually pay can differ by ₹50–200 per grambetween cities. The reasons are local taxes, freight/logistics cost, jeweller-association margins and regional demand. Big metros like Mumbai, Delhi and Chennaitend to be very close to the base rate; smaller towns can be slightly higher.
For the exact 1-gram rate in 900+ Indian cities, use our Live Gold Rate page. The metro table near the top of this page shows the major cities at a glance.
💡 Tip: If you live near a state border or travel between cities, the difference can be worth it on large purchases. On 100g of gold, even a ₹100/gram city gap is ₹10,000 saved.
4. The 1-Gram Multiplier — Convert Any Weight Instantly
Because every weight is just a multiple of 1 gram, you can convert any amount in seconds. Multiply today's 1-gram rate by the number of grams. The full 1g → 1kg table near the top of this guide shows live values; here are the most common everyday weights:
- 1 Pavan (8g) of 22K = ₹1,14,040
- 1 Tola (10g) of 24K = ₹1,55,560
- 1 Troy Ounce (31.1035g) of 24K = ₹4,83,846
- 100g bar of 24K = ₹15,55,600
Read our dedicated guides for the 10-Gram (1 Tola) Gold Rate and 1 Pavan (8 Gram) Gold Rate for unit-specific detail.
5. How the 1 Gram Price Is Calculated (Step-by-Step)
The 1-gram gold rate is not made up by jewellers — it is built from global market data through a clear, four-step chain. Here is exactly how the per-gram price you pay is constructed:
🌐 Step 1: International Spot Price (USD / troy oz)
Gold trades globally in US dollars per troy ounce on exchanges like COMEX/LBMA. e.g. if gold is $4,700/oz, that is the global base. India has no separate "Indian gold price" — it all starts here.
💱 Step 2: Convert to INR (USD/INR exchange rate)
Multiply the USD spot by the day's USD/INR rate (say ₹88). $4,700 × ₹88 = ₹4,13,600 per troy ounce — now in rupees, before duty.
🛃 Step 3: Add Import / Customs Duty
India imports almost all its gold, so the government levies a customs duty (basic duty + AIDC + social welfare surcharge — recently reduced to a 6% basic customs duty in the July 2024 Budget). Add this to the landed cost per ounce.
➗ Step 4: Divide by 31.1035 & Add 3% GST
IBJA divides the landed cost per troy ounce by 31.1035 to get the per-gram 24K rate, then publishes it. On purchase you pay 3% GST on top. From the 24K rate, 22K is ×0.916 and 18K is ×0.75.
🔥 Worked Example (1 gram, 22K jewellery)
• Gold value: ₹14,255 (today's 22K rate)
• Making charges (say 12%): ₹1,711
• Sub-total: ₹15,966
• GST 3% on gold + 5% on making: ₹513
• You pay for 1g of 22K jewellery ≈ ₹16,479
6. 1 Gram Coin vs 1 Gram Jewellery — Big Cost Gap
Two products both labelled "1 gram of gold" can cost very differently. A 1-gram gold coin carries almost no making charge, so you pay close to the raw rate + 3% GST. A 1-gram piece of jewellery carries making charges of 8–25% (sometimes flat per-gram), so the same 1 gram of metal costs 10–30% more — and resells for less because making is lost.
🪙 1g Gold Coin
- Making: ~0–4%
- Purity: usually 24K (999)
- Closest to spot price
- Best for pure investment
- Hallmark + assay certificate
💍 1g Jewellery
- Making: 8–25%
- Purity: 22K (916) usually
- 15–30% lost on resale
- Best for wearing / gifting
- BIS hallmark + HUID needed
7. Why the 1 Gram Rate Changes Every Day (7 Factors)
Gold is one of the most globally-traded commodities, so its per-gram rate in India moves every single day. The seven biggest drivers are:
- International spot price (USD/oz) — the single biggest driver
- USD/INR exchange rate — a weaker rupee raises the rupee rate even if global gold is flat
- Import / customs duty — set by the Indian government; changes in the Budget move rates
- Global demand — central-bank buying, ETF inflows, festival/wedding season
- US interest rates & Fed policy — higher rates usually pressure gold lower
- Geopolitical tension — wars, sanctions and crises push investors into safe-haven gold
- Inflation & currency trends — gold is a hedge, so it rises when fiat currencies weaken
For deeper context read Why Gold Price Changes Daily — 7 Factors and see historical trends in Gold Price History (30 Days), Last 1 Year and 10-Year History, and see where the rate may be heading in Gold Price Forecast 2026.
8. How to Verify the Correct 1 Gram Rate
Don't take a jeweller's quoted rate on trust — verify it in 30 seconds before you buy:
- Check today's IBJA rate or our live Gold Rate page for your city.
- Ask the jeweller which purity (24K/22K/18K) and which date's rate they are applying.
- Confirm whether the quoted rate is ex-GST or inclusive of GST.
- Get the making charge separately (per gram or %), not bundled into a lump-sum rate.
- For jewellery, insist on the BIS hallmark + 6-digit HUID; verify on the BIS Care App.
9. 7 Smart Tips for Using the 1 Gram Rate
- Always check today's 1-gram rate online first — then compare with the jeweller's quote; a big gap means hidden charges
- Compare rates across 2–3 jewellers — the metal rate is the same, but making differs a lot
- Ask whether GST is included — a rate that looks lower may just be ex-GST
- Insist on an itemised bill — gold value, making, GST separately, never a lump sum
- Multiply the rate yourself — weight × rate + making + GST; don't let anyone do opaque math
- Buy coins for investment, jewellery for wearing — making charges make jewellery a poor pure investment
- Time big purchases near rate dips — see our Best Time to Buy Gold guide
10. 6 Costly Mistakes With the 1 Gram Rate
- Not knowing today's rate — walking in blind is the #1 way to overpay
- Confusing 24K and 22K rates — a "low" 22K quote may still be above the 22K rate
- Ignoring making charges — two 1-gram chains can differ by ₹1,000–3,000 purely on making %
- Accepting a lump-sum bill — without a breakdown you cannot prove purity, GST or buyback later
- Forgetting city differences — on 100g, a ₹100/gram city gap is ₹10,000
- Believing a fixed "1 gram rate" forever — the rate changes daily; yesterday's number is wrong today
Frequently Asked Questions (FAQs)
Q1. What is the 1 gram gold rate today in India?
Q2. What is today's 1 gram 24K gold price?
Q3. What is today's 1 gram 22K gold rate?
Q4. What is today's 1 gram 18K gold rate?
Q5. How is the 1 gram gold rate calculated?
Q6. Does the 1 gram gold rate include GST?
Q7. How much is GST on 1 gram of gold?
Q8. What is 1 Pavan gold and how is it related to 1 gram?
Q9. What is 1 Tola gold in grams?
Q10. Does the 1 gram gold rate differ by city?
Q11. Why does the 1 gram gold rate change every day?
Q12. Is the gold rate the same in the morning and evening?
Q13. What is the difference between MCX gold price and the 1 gram retail rate?
Q14. How much gold loan can I get against 1 gram of gold?
Q15. Is 1 gram of gold a good investment?
Q16. Has the 1 gram gold rate gone up or down in the last year?
Q17. What will the 1 gram gold rate be in 2026?
Q18. Is now a good time to buy 1 gram of gold?
🔗 Related Guides on WealthMinty
- Live per-gram rate → Today's Gold Rate in India
- Rate by weight → 10 Gram (1 Tola) · 1 Pavan (8g)
- Other purities → 916 (22K) · 999 (24K) · 18K (750) · 22K vs 24K difference
- Price history → 30 days · 1 year · 10 years
- Why & when → Why gold price changes · Best time to buy · Morning vs evening rate
- Price mechanics → GST breakup · MCX vs retail price
- Forecast → Gold Price Forecast 2026
- Verify purity → BIS Hallmark & HUID check
- Investment → SGB vs Physical Gold
- Loan → Gold Loan options · Gold Loan vs Personal Loan
- Exact value → Gold Price Calculator
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🎯 The One Number to Remember
The 1-gram gold rate is the atom of all gold pricing. Know today's number, multiply it by the weight, add 3% GST and making charges — and you will never be overcharged for gold again.
💡 One rate to learn, every quote to decode. That's the power of knowing the per-gram price.