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

120g of 22K gold is worth ₹16,76,280 today. At 24K, 120g is worth ₹18,30,000.

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At a Glance

Live Rate Today

Today’s IBJA rate: 24K = ₹15,250/g | 22K = ₹13,965/g. Check the widget before visiting any branch.

Rate by Purity – 120 Grams

What Jewellery Weighs Around 120 Grams

●      A large gold necklace and haram set (60g + 60g)

●      A heavy bridal necklace (50g) + thick bangles set (70g)

●      A gold biscuit or bar – 100g coin plus small chain (20g)

●      Combined family gold jewellery totalling 120g

●      120g = 15 pavans / 15 sovereigns (8g each)

Resale Formula

Formula: 120 × Purity Fraction × Today’s 24K Rate. For 22K: 120 × 0.916 × ₹15,250 = ₹16,76,280.

Tax Treatment

Gold held over 24 months attracts 12.5% LTCG. Aadhaar mandatory; PAN if sale exceeds ₹2,00,000.

What to Watch For

●      Buyer quoting old rate – check live IBJA first

●      Rate on wrong karat without disclosure

●      No written receipt

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. Every branch uses a BIS-calibrated XRF machine. Payment is instant. 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 120 gram gold price today?

120g of 22K gold is worth ₹16,76,280 today. At 24K: ₹18,30,000. At 18K: ₹13,72,500.

What is 120g of gold in pavans?

120g ÷ 8g = 15 pavans / sovereigns exactly.

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