✔ The MCX ↔ 10-gram link explained (MCX quotes gold per 10g)
✔ City-wise 10-gram rate (Mumbai, Delhi, Chennai, Bangalore…)
✔Weight conversion, step-by-step price formula & full GST breakup
💡 Key Takeaway:
10 grams = 1 Tola is the single most-quoted gold lot in India. It is the unit jewellers, banks, the MCX and even the government (for SGB denominations) use. Know today's 10-gram rate before you walk into any shop, then check the purity, add 3% GST and making charges — that one number lets you decode any 10g gold quote instantly.
🟡 10 Gram Gold Rate Today (India) — 24K / 22K / 18K (1 Tola)
⚖️ Gold Rate × Weight — 10-Gram and Common Lots (24K & 22K)
Every weight is just the per-gram rate multiplied. Values use today's live rate (live); the 10g row is the focus of this guide.
| Weight | 24K Value | 22K Value | Also Known As |
|---|---|---|---|
| 1 gram | ₹16,315 | ₹14,950 | Base unit |
| 8 grams | ₹1,30,520 | ₹1,19,600 | 1 Pavan / 1 Sovereign |
| 10 grams | ₹1,63,150 | ₹1,49,500 | ⭐ 1 Tola — MCX lot & this guide |
| 20 grams | ₹3,26,300 | ₹2,99,000 | 2 Tola |
| 31.1035 grams | ₹5,07,454 | ₹4,64,997 | 1 Troy Ounce (international) |
| 50 grams | ₹8,15,750 | ₹7,47,500 | Small bar / biscuit |
| 100 grams | ₹16,31,500 | ₹14,95,000 | Standard bar (10 Tola) |
| 250 grams | ₹40,78,750 | ₹37,37,500 | Large bar |
| 500 grams | ₹81,57,500 | ₹74,75,000 | Half kilo |
| 1 kg (1000g) | ₹1,63,15,000 | ₹1,49,50,000 | Wholesale bar |
🏙️ 10-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 / 10g | 22K / 10g | Live Page |
|---|---|---|---|
| Mumbai | ₹1,63,150 | ₹1,49,500 | View Mumbai → |
| Delhi | ₹1,63,150 | ₹1,49,500 | View Delhi → |
| Bangalore | ₹1,63,150 | ₹1,49,500 | View Bangalore → |
| Chennai | ₹1,63,150 | ₹1,49,500 | View Chennai → |
| Hyderabad | ₹1,63,150 | ₹1,49,500 | View Hyderabad → |
| Kolkata | ₹1,63,150 | ₹1,49,500 | View Kolkata → |
| Ahmedabad | ₹1,63,150 | ₹1,49,500 | View Ahmedabad → |
📐 What "10 Gram Gold Rate" Means (1 Tola)
If you walk into a jewellery shop anywhere in India, the price you are quoted almost always starts from the 10 gram gold rate — also known as 1 Tola. It is the single most important number in Indian gold pricing. Banks, jewellers, the MCX commodity exchange and even the government's Sovereign Gold Bond scheme all use 10 grams as the base lot for quoting gold.
This guide explains everything about the 10-gram gold rate— today's live 24K/22K/18K price, the special link between 10 grams and the MCX, how it differs by city, how the price is built from international gold, what GST and making charges add, the gold-loan value of 10 grams, and the smart way to use the 10-gram number to never overpay. By the end you will read any 10g gold quote like a professional.
Table of Contents
- What 10 Gram / 1 Tola Means
- Today's 10g Rate by Purity
- The MCX ↔ 10-Gram Link
- 10 Gram Rate by City
- Weight Conversion Table
- 10-Gram Price Formula
- Coin vs Bar vs Jewellery vs SGB
- GST on 10-Gram Gold
- Gold-Loan Value of 10 Grams
- Why It Changes Daily
- How to Verify & Buy a 10g Coin
- 8 Buying Tips & 7 Mistakes
- FAQs (21 Questions)
1. What "10 Gram Gold Rate" & "1 Tola" Really Mean
The 10 gram gold rate is simply the price of 10 grams 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, gold-loan company and the MCX uses to price gold that day. In everyday Indian language, 10 grams of gold is also called 1 Tola.
Globally, gold trades in troy ounces (1 troy oz = 31.1035 grams). India uses 10 grams as its standard pricing lot because it is a round, practical quantity — a typical coin, a small bangle or one MCX contract. Here is how the common gold units relate:
| 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 + MCX standard |
| 1 Troy Ounce | 31.1035 g | International spot market |
| 1 kg bar | 1000 g | Wholesale / bullion |
2. Today's 10 Gram Rate by Purity (24K / 22K / 18K)
Gold purity is measured in karats (K). The purer the gold, the higher the 10-gram price. Here is how the three most common purities compare on today's 10-gram rate:
| Purity | Hallmark | % Gold | 10g Rate | Best For |
|---|---|---|---|---|
| 24K | 999 | 99.9% | ₹1,63,150 | Coins, bars, investment |
| 22K | 916 | 91.6% | ₹1,49,500 | ✅ Jewellery (the standard) |
| 18K | 750 | 75.0% | ₹1,22,320 | Diamond / studded jewellery |
3. The MCX ↔ 10-Gram Link — Why 10 Grams Is the Trading Standard
Here is the thing that makes the 10-gram rate unique among all gold units: the MCX (Multi Commodity Exchange of India) quotes its gold futures contracts in rupees per 10 grams. The standard MCX gold contract is literally called "GOLD" and represents 1 kg = 100 grams… but the price you see scrolling on business news channels is always expressed as ₹ per 10 grams — the exact same unit as this rate.
That is no coincidence. The MCX deliberately uses 10 grams (1 Tola) because it is the unit Indian consumers and jewellers already think in. So when you see "MCX Gold ₹79,200" on TV, it means 10 grams of gold for a futures contract settling on a future date — and it is usually within a few hundred rupees of the retail 10-gram rate you pay at a shop.
| Price Type | Unit | What It Means |
|---|---|---|
| International spot | USD / troy oz | Global wholesale gold, set on COMEX/LBMA |
| MCX gold futures | ₹ / 10 grams | ⭐ Trading price for a future-delivery contract |
| IBJA / retail spot | ₹ / 10 grams | Today's physical-gold benchmark jewellers use |
| Shop price (coin) | ₹ / 10 grams | Spot + 3% GST + tiny premium |
| Shop price (jewellery) | ₹ / 10 grams | Spot + making (8–25%) + 3% GST |
4. Does the 10 Gram Rate Differ by City?
The underlying IBJA rate is the same across India, but the rate you actually pay can differ by ₹500–2,000 per 10 gramsbetween cities. The reasons are local taxes, freight/logistics cost, jeweller-association margins and regional demand. Big metros like Mumbai, Delhi, Chennai and Bangaloretend to be very close to the base rate; smaller towns can be slightly higher.
For the exact 10-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: On a 100g purchase, even a ₹150/gram city gap adds up to ₹15,000. If you live near a state border or travel between cities, comparing the 10-gram rate across two cities can be well worth it on large buys.
5. The 10-Gram Multiplier — Convert Any Weight Instantly
Because every weight is just a multiple of 1 gram, and 10 grams is the standard lot, you can convert between units in seconds. The full weight table near the top of this guide shows live values; here are the most common everyday conversions from 10 grams:
- 1 gram of 24K = ₹16,315 (so 10g ÷ 10)
- 1 Pavan (8g) of 22K = ₹1,19,600
- 1 Troy Ounce (31.1035g) of 24K = ₹5,07,454
- 100g bar of 24K (10 Tola) = ₹16,31,500
Read our dedicated guides for the 1-Gram Gold Rate and 1 Pavan (8 Gram) Gold Rate for unit-specific detail.
6. How the 10 Gram Price Is Calculated (Step-by-Step)
The 10-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 10-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 — the basic customs duty was cut to 6% in the July 2024 Budget). Add this to the landed cost per ounce.
➗ Step 4: Divide by 31.1035, Multiply by 10 & Add 3% GST
IBJA divides the landed cost per troy ounce by 31.1035 to get the per-gram 24K rate, then multiplies by 10 for the 10-gram rate and 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 (10 grams, 22K jewellery)
• Gold value (10g × today's 22K): ₹1,49,500
• Making charges (say 12%): ₹17,940
• Sub-total: ₹1,67,440
• GST 3% on gold + 5% on making: ₹5,382
• You pay for 10g of 22K jewellery ≈ ₹1,72,822
7. 10-Gram Coin vs Bar vs Jewellery vs SGB — Which Is Best?
There are four common ways to own the equivalent of 10 grams of gold, and they are not equally good value. Here is how they compare for an Indian buyer:
🪙 10g Gold Coin
- Making: ~0–4%
- Purity: usually 24K (999)
- Closest to spot price
- Easy to store & resell
- Good for gifting + small invest
🧱 10g Gold Bar/Biscuit
- Making: ~0–2% (lowest)
- Purity: 24K (999) sealed + assay
- Best pure-investment value
- Serial-numbered, tamper-proof
- Resells at near-spot
💍 10g Jewellery
- Making: 8–25%
- Purity: 22K (916) usually
- 15–30% lost on resale
- Best for wearing / gifting
- BIS hallmark + HUID needed
📜 10g in SGB / ETF
- Making: 0% (no physical)
- Tracks gold price exactly
- SGB pays 2.5% interest
- Tax-free gains if held
- Best for serious investment
Verdict: If your goal is pure investment, a 10g SGB holding or Gold ETF beats physical gold on cost and tax. If you want something tangible, a 10g bar is the most efficient physical form, followed closely by a coin. Choose jewellery only when you want to wear or gift it — the making charge makes it a poor investment. Compare the two investment leaders in our SGB vs Physical Gold guide.
8. GST on 10-Gram Gold — The Full Breakup
GST is the part that catches buyers off-guard. The published 10-gram rate is the metal value before tax; at the counter you pay more. Here is the exact breakup for 10 grams today:
| Component | 24K Coin/Bar | 22K Jewellery |
|---|---|---|
| Gold value (10g) | ₹1,63,150 | ₹1,49,500 |
| Making charges | ₹0 | ₹17,940 |
| GST 3% on gold | ₹4,895 | ₹4,485 |
| GST 5% on making | ₹0 | ₹897 |
| Total you pay | ₹1,68,045 | ₹1,72,822 |
9. Gold-Loan Value of 10 Grams — How Much Can You Borrow?
A gold loan lets you raise cash against your gold without selling it. The RBI caps every gold loan at 75% LTV (Loan-to-Value). So against 10 grams of 22K gold, the maximum you can borrow is 75% of its gold value:
• 10g of 22K gold value: ₹1,49,500
• Max loan @ 75% LTV: ₹1,12,125
• Typical disbursal: ₹50,000–54,000 (lenders apply a small safety margin)
• 18K gold is valued lower; 24K coins/bars are accepted by some lenders but not all
For an exact figure for your purity and weight, use our Gold Loan page and LTV calculator. Compare gold loans against personal loans in our Gold Loan vs Personal Loan guide.
10. Why the 10 Gram Rate Changes Every Day (7 Factors)
Gold is one of the most globally-traded commodities, so its 10-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.
11. How to Verify & Buy a 10-Gram Gold Coin or Bar
Don't take a jeweller's quoted rate on trust — verify it in 30 seconds and protect yourself from under-karat or overpriced gold. Follow these five steps (the same steps power our structured HowTo data above):
- Check today's 10-gram rate online first — on our live Gold Rate page or IBJA; compare with the jeweller's quote.
- Choose 24K (999) for a coin or bar — lowest making charge, best resale; reserve 22K only for jewellery.
- Check the BIS hallmark + 6-digit HUID — logo, fineness (999/916/750) and the HUID code; verify the HUID free on the BIS Care App.
- Ask for an itemised bill — gold value, making and 3% GST shown separately, never a lump sum.
- Confirm the buyback policy — keep the original bill + certificate; they prove purity, price and date for resale and tax.
12. 8 Smart Tips for the 10-Gram Rate & 7 Costly Mistakes
✅ 8 Smart Buying Tips
- Always check today's 10g rate online first — a big gap means hidden charges
- Compare rates across 2–3 jewellers — the metal rate is the same, but making differs a lot
- Prefer bars/coins over jewellery for investment — making charges destroy jewellery returns
- Ask whether GST is included — a lower-looking rate may just be ex-GST
- Insist on an itemised bill — gold, making and GST separately
- Verify the HUID on the BIS Care App — takes 30 seconds, saves thousands
- Time big purchases near rate dips — see our Best Time to Buy Gold guide
- Keep the bill & certificate — essential for resale, buyback and capital-gains tax
❌ 7 Costly Mistakes
- Not knowing today's rate — walking in blind is the #1 way to overpay
- Confusing 24K and 22K 10g prices — a "low" 22K quote may still be above the 22K rate
- Ignoring making charges — two 10g chains can differ by ₹5,000–15,000 purely on making %
- Accepting a lump-sum bill — without a breakdown you cannot prove purity or GST later
- Forgetting city differences — on 100g, a ₹100/gram city gap is ₹10,000
- Mixing up Tola (10g) with the old 11.66g Tola — verify which one a source means
- Believing a fixed "10g rate" forever — the rate changes daily; yesterday's number is wrong today
Frequently Asked Questions (FAQs)
Q1. What is the 10 gram gold rate today in India?
Q2. What is today's 10 gram 24K gold price?
Q3. What is today's 10 gram 22K gold rate?
Q4. What is today's 10 gram 18K gold rate?
Q5. How many grams is 1 Tola of gold?
Q6. Is 1 Tola the same as 10 grams?
Q7. How is the 10 gram gold rate calculated?
Q8. Does the 10 gram gold rate include GST?
Q9. How much GST do I pay on 10 grams of gold?
Q10. What is the difference between MCX gold price and the 10 gram retail rate?
Q11. Does the 10 gram gold rate differ by city?
Q12. Should I buy a 10 gram gold coin, bar or jewellery?
Q13. How much gold loan can I get against 10 grams of gold?
Q14. Is 10 grams of gold a good investment?
Q15. How is 10 grams of gold related to 1 Sovereign Gold Bond (SGB)?
Q16. How do I verify the purity of a 10 gram gold coin or bar?
Q17. What is the best time to buy 10 grams of gold?
Q18. Is there tax when I sell 10 grams of gold?
Q19. Has the 10 gram gold rate gone up or down in the last year?
Q20. What will the 10 gram gold rate be in 2026?
Q21. Is the 10 gram gold rate the same in the morning and evening?
🔗 Related Guides on WealthMinty
- Live 10-gram rate → Today's Gold Rate in India
- Rate by weight → 1 Gram · 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 against 10g gold → Gold Loan options · Gold Loan vs Personal Loan
- Exact value of your gold → Gold Price Calculator
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🎯 The One Number to Remember
10 grams = 1 Tola is the heartbeat of Indian gold pricing — the unit jewellers, banks and even the MCX use. Know today's 10-gram rate, check the purity, add 3% GST and making charges, and you will never be overcharged for gold again.
💡 One lot to learn, every quote to decode. That's the power of knowing the 10-gram price.