500 Gram Gold Price Today: Live IBJA Rate & Exact Cash Value

500 grams of gold – whether it is a thick chain, a heavy ring, a chunky pendant or a combination of small pieces – is a common weight band in Indian households. At today’s IBJA rate of ₹15,250 per gram for 24K, a 500g 22K piece is worth ₹69,84,500. At today’s rate, 500g of 22K gold is worth ₹69,84,500 – well above the ₹2,00,000 PAN threshold. Bring Aadhaar and PAN. Payment for amounts this large is made by bank transfer.

This guide gives you the exact 500 gram gold price today across all purities, the resale formula and what to expect at an Attica Gold branch.

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At a Glance

Live Rate Today

At today’s IBJA rate of ₹15,250 per gram for 24K, 500 grams of 22K gold is worth ₹69,84,500. The same weight at 18K yields ₹57,18,750 and at 24K pure it reaches ₹76,25,000. Rates update twice daily.

The live widget below shows the current rate at your time of visit.

Rate Comparison Table

Cash Value Examples

●      Plain 500g 22K piece – ₹69,84,500 today

●      500g 18K piece – ₹57,18,750 today

●      500g 24K coin or bar – ₹76,25,000 today

●      Combination of pieces totalling 500g – same formula applies

●      Broken or damaged gold – condition does not affect purity value

Resale Formula & Worked Example

The resale formula is: Weight (g) × Purity (%) × Today’s 24K IBJA Rate. For 500g of 22K: 500 × 0.916 × ₹15,250 = ₹69,84,500.

For 500g of 18K: 500 × 0.75 × ₹15,250 = ₹57,18,750. The difference between 22K and 18K on 500g is ₹12,65,750 – purely purity.

Tax Treatment When You Sell

Gold held over 24 months attracts 12.5% LTCG when sold; held under 24 months, your gain is added to slab income. Aadhaar is mandatory; PAN is required if your sale exceeds ₹2,00,000.

What to Watch For – Seller Protection

●      Buyer quoting yesterday’s rate instead of today’s IBJA fix – verify before visiting

●      Rate quoted on different karat without disclosure

●      Weighing with stones or clasps attached

●      No written receipt – always insist

●      Cash above ₹2,00,000 – bank transfer required

Why Choose Attica Gold Company

Attica Gold Company is ISO 9001:2015 certified with 200+ branches across Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Pondicherry. Payment is instant – cash, UPI, IMPS or bank transfer. Your wait is over.

📞 CALL TO ACTION
Visit your nearest Attica Gold branch to sell at today’s live rate.
🌐 atticagoldcompany.com/branch-locator  |  📞 +91 8880 300 300
Sell Gold for Cash → atticagoldcompany.com/services/sell-gold-for-cash/

Frequently Asked Questions

What is 500 gram gold price today?

500g of 22K gold is worth ₹69,84,500 today. At 24K, 500g is worth ₹76,25,000. Rates change twice daily with the IBJA fix – check the widget before visiting any branch.

How do I calculate the value of 500g of gold?

Formula: 500 × Purity Fraction × Today’s 24K Rate. For 22K: 500 × 0.916 × ₹15,250 = ₹69,84,500. For 18K: 500 × 0.75 × ₹15,250 = ₹57,18,750.

Can I sell 500g of gold without the original bill?

Yes. Attica Gold buys gold without the original purchase bill. XRF testing determines purity from the metal.

What documents do I need to sell 500g of gold?

Aadhaar is mandatory. PAN is required if the total sale value exceeds ₹2,00,000. At today’s 22K rate, ₹69,84,500 – check if this crosses the threshold based on total pieces you are selling.

Does damage or age affect the value of a 500g gold piece?

No. Physical damage or age does not affect gold purity. The XRF machine reads metal content regardless of condition.

Is there a minimum weight required to sell at Attica?

No. Attica Gold has no minimum weight. Even a single small piece can be sold at any branch.

How is purity verified for a 500g piece?

Attica uses a BIS-calibrated XRF machine that reads purity in 30 seconds without damaging the piece. You watch the test at the branch

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