Gold Bar Selling Guide: 10g, 50g, 100g & 1kg Prices Today

Gold bars – whether purchased as investment pieces from MMTC, RBI, banks or private mints – are among the cleanest gold assets to sell. No stones, no solder, no making charges. The resale value tracks directly with the IBJA spot rate × bar weight × purity.

This guide gives you today’s exact price for every standard bar denomination – 10g, 20g, 50g, 100g and 1kg – the step-by-step process at Attica Gold and what to watch for when selling bars.

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At a Glance

Live Rate Today

At today’s IBJA rate of ₹15,250 per gram for 24K, a 100g 24K gold bar is worth ₹15,25,000. A 10g bar is worth ₹1,52,500. Most standard investment bars are 24K (999.9 purity) – the purest form, which fetches the maximum per-gram rate.

Unlike jewellery, bars have no making charge deductions and no stone weight to remove. The process is straightforward: XRF test, weigh, confirm, pay.

Bar Denomination Price Guide

Cash Value Examples

●      10g gold bar – ₹1,52,500 at today’s 24K rate

●      50g gold bar – ₹7,62,500 at today’s 24K rate

●      100g gold bar – ₹15,25,000 – PAN and bank transfer mandatory

●      1kg gold bar – ₹1,52,50,000 – advance appointment recommended

●      MMTC, SBI, Tanishq and private mint bars – all accepted

Resale Formula & Worked Example

For a 100g 24K bar: 100 × 1.0 × ₹15,250 = ₹15,25,000. For a 100g 22K bar: 100 × 0.916 × ₹15,250 = ₹13,96,900.

Unlike jewellery, gold bars have no deductions beyond purity confirmation. You receive the full IBJA rate × weight × purity. A 100g bar sale well exceeds ₹2,00,000 – Aadhaar and PAN are both mandatory.

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

●      Buyer quoting old rate – verify live IBJA before visiting

●      No written receipt – always insist

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

●      Purity claimed verbally without XRF – always insist on machine test

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. Your wait is over.

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Frequently Asked Questions

How much is a 100g gold bar worth today?

A 100g 24K bar is worth ₹15,25,000 today. A 100g 22K bar is worth ₹13,96,900. Rates update twice daily.

What is the difference between a gold bar and a gold biscuit?

Both are rectangular gold ingots. In India, pieces up to 50g are often called biscuits; larger pieces are called bars. Both sell at the same per-gram IBJA rate based on purity.

Do I need documents to sell a gold bar?

Aadhaar is mandatory for all gold sales. PAN is required if the total value exceeds ₹2,00,000. Even a single 10g bar at today’s rates comes close to this threshold.

Can I sell a gold bar without the original packaging?

Yes. Original packaging and certificates are not required. XRF testing confirms purity from the metal itself.

Is the process faster for bars than jewellery?

Yes. Gold bars have no stone removal and no solder to account for. XRF test, weigh and payment typically takes 15–20 minutes.

What is the maximum cash I can receive for a bar sale?

Cash payments are limited to ₹1,99,999 per transaction under Section 269ST. Bar sales above this amount are paid by bank transfer on the same day.

Can I sell multiple bars in one transaction?

Yes. All bars can be sold in a single transaction. The combined value determines the payment method and PAN requirement.

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