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Gold Rate in Madhya Pradesh Today
Gold in its physical form has been popular as store of wealth as well as a hedge against potential volatility of equity markets. Since gold prices in India change daily, you should know the current gold price in India before purchasing or selling gold. On 16th August 2026, the price of 1 gram of 24 karat gold (99.9% purity) in Madhya Pradesh is ₹ 14,984. 22 karat gold (91.6% purity), which is commonly used for jewellery making in India, costs ₹ 14,270 per gram. The cost of 18 karat gold (75% purity) which is also used in making jewellery in India is ₹ 11,238.
Madhya Pradesh24K Gold Today
₹ 1,49,840/10g
Highest Rate₹ 1,49,840
Lowest Rate₹ 1,38,440
Monthly Avg₹ 1,42,387
Latest Gold Rate in Madhya Pradesh for 22K & 24K Gold – 16th August 2026
Today's gold price in Madhya Pradesh: Check updated 18K, 22K and 24K gold rates for 16th August 2026. Updated live prices for 1 gm, 8 gm,10 gm and 12 gm rates.
| Gram | Today | Yesterday |
|---|---|---|
 1 Gram | ₹ 14,984 Rate increased | ₹ 14,768 Rate decreased |
 8 Gram | ₹ 1,19,872 Rate increased | ₹ 1,18,144 Rate decreased |
 10 Gram | ₹ 1,49,840 Rate increased | ₹ 1,47,680 Rate decreased |
 12 Gram (1 Tola) | ₹ 1,79,808 Rate increased | ₹ 1,77,216 Rate decreased |
1 Gram | ₹ 14,270 Rate increased | ₹ 14,065 Rate decreased |
8 Gram | ₹ 1,14,160 Rate increased | ₹ 1,12,520 Rate decreased |
10 Gram | ₹ 1,42,700 Rate increased | ₹ 1,40,650 Rate decreased |
12 Gram (1 Tola) | ₹ 1,71,240 Rate increased | ₹ 1,68,780 Rate decreased |
1 Gram | ₹ 11,238 Rate increased | ₹ 11,076 Rate decreased |
8 Gram | ₹ 89,904 Rate increased | ₹ 88,608 Rate decreased |
10 Gram | ₹ 1,12,380 Rate increased | ₹ 1,10,760 Rate decreased |
12 Gram (1 Tola) | ₹ 1,34,856 Rate increased | ₹ 1,32,912 Rate decreased |
24 Karat Gold
On 16th August 2026, 8 gm of 24K gold costs ₹ 1,19,872. Whereas, the cost of 10gm of 24K gold is ₹ 1,49,840. The traditional tola is equivalent to around 12 gm of gold. In Madhya Pradesh, 1 tola of 24k gold is available for ₹ 1,79,808 today.
![<span class="text-light-gray text-16px not-italic font-bold leading-[normal]">24K Gold in India offers the highest purity of 99.9%</span>](https://www.axismaxlife.com/static-page/assets/homepage/gold-rate-checkmark.png){kind=small}
24K Gold in India offers the highest purity of 99.9%
Commonly used to fashion gold coins and bars
Considered Investment Grade Gold by banks and financial institutions
22 Karat Gold
On 16th August 2026, 8 gm of 22K gold costs ₹ 1,14,160. Whereas, the cost of 10gm of 22K gold is ₹ 1,42,700. The traditional tola is equivalent to around 12 gm of gold. In Madhya Pradesh, 1 tola of 22k gold is available for ₹ 1,71,240 today.
- 22K Gold in India offers a purity of 91.6%
- Ideal for fashioning jewellery and ornaments
- 22k Gold jewellery can be used as collateral for gold loans
18 Karat Gold
On 16th August 2026, 8 gm of 18K gold costs ₹ 89,904. Whereas, the cost of 10gm of 18K gold is ₹ 1,12,380. The traditional tola is equivalent to around 12 gm of gold. In Madhya Pradesh, 1 tola of 18k gold is available for ₹ 1,34,856 today.
18K Gold in India offers a purity of 75%
Suitable for making light-weight daily wear jewellery and ornaments
18k Gold jewellery can be used as collateral for gold loans
24K & 22K Gold Rates in Madhya Pradesh @ 16th August 2026
Compare today's rates across major Indian cities
| Date | 24k - 10g Rate | 22k - 10g Rate | 18k - 10g Rate |
|---|---|---|---|
| ₹ 1,44,640 | ₹ 1,37,750 | ₹ 1,08,480 |
| ₹ 1,44,800 | ₹ 1,37,900 | ₹ 1,08,600 |
| ₹ 1,47,160 | ₹ 1,40,150 | ₹ 1,10,370 |
| ₹ 1,47,160 | ₹ 1,40,150 | ₹ 1,10,370 |
| ₹ 1,46,790 | ₹ 1,39,800 | ₹ 1,10,092 |
| ₹ 1,49,840 | ₹ 1,42,700 | ₹ 1,12,380 |
| ₹ 1,49,570 | ₹ 1,42,450 | ₹ 1,12,177 |
| ₹ 1,49,570 | ₹ 1,42,450 | ₹ 1,12,177 |
| ₹ 1,47,680 | ₹ 1,40,650 | ₹ 1,10,760 |
| ₹ 1,49,840 | ₹ 1,42,700 | ₹ 1,12,380 |
Tip :Track daily price movements to identify the best time to buy gold. Historical trends show that prices fluctuate throughout the week.
Calculate Your Gold Rate
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Price Breakdown
Total Gold
589.04 g
Base Price
₹ 88.26 L
Making Charges
₹ 8.83 L
GST
₹ 2.91 L
What is the cost of 8 gm of 22K gold in Madhya Pradesh today?
As on 16th August 2026, 8 gm of 22K gold in Madhya Pradesh costs ₹ 1,14,160. So, in Madhya Pradesh 1gm of 24k gold can be bought for ₹ 14,270 while 10 gm of 22k gold can be purchased for ₹ 1,42,700 today.
What is the cost of 8 gm of 24K gold in Madhya Pradesh today?
As on 16th August 2026, 8 gm of 24K gold in Madhya Pradesh costs ₹ 1,19,872. So, in Madhya Pradesh 1gm of 24k gold can be bought for ₹ 14,984 while 10 gm of 24k gold can be purchased for ₹ 1,49,840.
What is the cost of 8 gm of 18K gold in Madhya Pradesh today?
As on 16th August 2026, 8 gm of 18K gold in Madhya Pradesh costs ₹ 89,904. So, in Madhya Pradesh 1gm of 24k gold can be bought for ₹ 11,238 while 10 gm of 22k gold can be purchased for ₹ 1,12,380 today.
Why does gold price in Madhya Pradesh change daily?
Daily gold rate in Madhya Pradesh depends on multiple factors including global gold prices, local demand trends, local taxes, currency fluctuations, etc. Additional, local supply and stocks of gold also impacts daily gold prices in cities like Madhya Pradesh.
How does GST Impact the price of gold in Madhya Pradesh in 2026?
GST on Gold is applicable at the same rate across all cities in India including Madhya Pradesh. Current GST rate on gold is 3% and payable by the customer at the time of purchase.
What is the cost of 1 tola of gold in Madhya Pradesh today?
Tola is a traditional gold weight in India which is equal to around 12 gm of gold. In Madhya Pradesh 1 tola of 24K gold can be purchased for ₹ 1,79,808 on 16th August 2026. To purchase 1 tola of 22k gold in Madhya Pradesh today, you have to spend ₹ 1,71,240.
Should I buy Hallmarked gold jewellery in Madhya Pradesh?
Yes, you should definitely consider buying Hallmarked gold jewellery in Madhya Pradesh. This is because, Hallmark is a BIS (Bureau of Indian Standards) mark that guarantees quality, purity and authenticity of the gold that you have purchased.
Why does 24K Gold cost more than 22k gold in Madhya Pradesh?
Across the world, 24k gold represents the purest form of commercially available gold which has a purity of 99.9%. On the other hand, 22K gold has a purity of around 91.6%, so is less pure than 24k gold. The higher purity is the primary reason why 24k gold costs more than 22k gold in Madhya Pradesh, as well as in other places.
What were the lowest prices of 10 gm 22K gold in Madhya Pradesh in 7th August 2026?
The lowest rate of 10gm 22k gold was ₹ 1,37,750 recorded on 7th August 2026.
What were the highest prices of 10 gm 22K gold in Madhya Pradesh in 12th August 2026?
The highest rate of 10gm 22k gold was ₹ 1,42,700 recorded on 12th August 2026.