The tradition of investing in gold runs deep in Indian culture, often regarded as a symbol of wealth, security, and prosperity. Among various gold bar weights available, the 10 tolas gold bar holds a unique place, especially 10 tolas gold bar price in india in South Asian markets. If you’re considering buying this traditional weight of gold, understanding the 10 tolas gold bar price in India is crucial for making an informed investment.
What is a 10 Tolas Gold Bar?
The term “tola” is an ancient Indian unit of mass widely used in gold trading. One tola is approximately 11.66 grams, so a 10 tolas gold bar weighs around 116.64 grams. This weight is particularly popular in India, Pakistan, and the Middle East due to historical and cultural significance.
Factors That Influence the 10 Tolas Gold Bar Price in India
The 10 tolas gold bar price in India depends on several key elements:
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Gold Spot Price: The most important factor is the international gold rate, usually quoted in USD per ounce. Local prices are based on this, converted to rupees.
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INR/USD Exchange Rate: As gold is priced globally in US dollars, the Indian Rupee’s value against the dollar affects local gold rates.
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Import Duty and GST: India imposes import duty on gold along with a Goods and Services Tax (GST). These charges are added to the base price.
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Making Charges and Premiums: Dealers often include a small premium for branding, packaging, or refinery certification (e.g., PAMP Suisse, MMTC-PAMP, etc.).
Why is the 10 Tolas Gold Bar Popular?
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Traditional Value: The 10 tola bar is a familiar and time-tested form of gold in Indian households, often passed down through generations.
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High Liquidity: Due to its popularity, it is easy to resell or pledge for loans.
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Lower Premium Compared to Smaller Bars: Larger bars like the 10 tolas usually come with reduced per-gram premiums compared to 10g or 20g gold bars.
How to Check the 10 Tolas Gold Bar Price in India
To stay updated with the 10 tolas gold bar price in India:
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Visit trusted bullion dealer websites or apps offering live pricing.
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Check updates from prominent jewellers or gold associations.
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Follow financial news platforms or mobile apps with real-time market data.
Most platforms allow you to view prices per gram, tola, or standard weights in your region, with live updates based on market conditions.
Where to Buy 10 Tolas Gold Bars in India
In India, 10 tola gold bars are widely available through:
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Certified bullion dealers in major cities like Mumbai, Delhi, Chennai, 10 tolas gold bar price in india and Hyderabad.
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Reputed jewellers such as Tanishq, Malabar Gold, Kalyan Jewellers, or local trusted jewellers.
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Online platforms offering secure delivery and verified product certifications.
Always ensure the gold bar is stamped with purity marks such as 999.9 fine gold, a hallmark, and the refinery seal.
Conclusion
The 10 tolas gold bar price in India is shaped by global trends, local taxes, and currency rates. Whether for tradition, investment, or future security, this weight offers the perfect blend of value and liquidity. As with any gold purchase, buying from certified and reputed sources ensures authenticity and long-term reliability.
