BAJAJ FINSERV DIRECT LIMITED
✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.74% p.m. ✓ Minimal Documentation

1 Tulam Gold Rate Today

Discover the current price of 1 Tulam gold in India, including updates for 22 Karat and 24 Karat purity. Stay informed with accurate and latest data.

Gold plays a major role in Indian culture and serves as a critical financial asset. Knowing the tulam gold rate each day is vital for gold buyers, investors, and those seeking gold loans in India. The daily rate of 1 tulam gold not only shapes buying decisions but also determines the value one might receive if leveraging gold for a loan.

Understanding these rates, their recent trends, and the factors influencing them may help you make smart choices—whether investing or simply tracking the market for your next jewellery purchase.

What is 1 Tulam Gold

A tulam is a traditional Indian unit of gold weight commonly used in southern states. One tulam, also called a tola, equals approximately 11.66 grams of gold. This ancient measurement holds cultural value and continues to serve as a benchmark in gold transactions and jewellery making.

While tulam gold rate today may refer to either 22K or 24K gold, most official rates quoted online are for 24K, the purest form. However, jewellers frequently use 22K purity for ornaments.

Factors Affecting 1 Tulam Gold Price in India Today

Multiple factors can impact the tulam gold price each day in India: 

  • Global Market Trends: Gold rates are influenced by international demand, prices in foreign countries like the US, and investor behaviour. Rising global uncertainty may increase rates.

  • Currency Exchange Movements: A weaker rupee against the US Dollar means gold becomes costlier in India, directly affecting the 1 tulam gold rate. 

  • Local Demand Patterns: Festivals, weddings, and harvest seasons boost demand, leading to occasional price spikes in the tulam gold rate today. 

  • Government Taxes & Duties: Import duties, GST, and other tax changes significantly impact the retail gold price in India.

  • Jeweller and Dealer Premiums: Jewellers may add making charges, handling fees, or safety margins, causing small rate differences between sellers.

  • Inflation & Economic Climate: General inflation and shifts in India’s economic situation may lead to price increases as gold is seen as a ‘safe haven’ by investors.

How to Calculate One Tulam Gold Rate from Per Gram Rate

These are the required steps to find the 1 tulam gold rate today from the per gram price: 

  1. Find the latest gold rate per gram (usually for 24K or 22K).

  2. Multiply the per-gram rate by 11.66, as 1 Tulam = 11.66 grams.

  3. Add jeweller charges or applicable GST, if needed, for actual purchase cost. 

Here’s an example to explain this calculation better:

Suppose the gold rate today is ₹9,801.5 per gram. To find the tulam gold rate, you have to multiply this value by 11.66. This means that, 

1 tulam gold rate today = ₹9,801.5 × 11.66 = ₹1,14,323 (approximately). 

So, if you check the per-gram rate on a trusted site or via a bank, multiply it by 11.66 for the tulam gold rate today.

How Tulam Gold Rate Affects Gold Loan Value

The tulam gold rate today can influence the amount sanctioned if you apply for a gold loan

  • Higher Tulam Rates Increase Loan Value: As prices rise, the value of your pledged gold increases, so you can get a higher loan against the same ornament.

  • Loan-To-Value (LTV) Ratio: The RBI allows up to 75% of your gold’s current value as a loan. Any fluctuation in the tulam gold rate may change the LTV offered by the lender.

  • Gold Purity Matters: Most lenders evaluate both weight and purity, so 24K gold receives higher value per tulam than 22K.

  • Repayment and Security: If prices fall dramatically, you may be required to pledge more gold or part pre-pay your loan to cover risk.

  • Seasonal Opportunities: During periods of high rates, you might choose to borrow, whereas falling rates can signal early loan closure to minimise risk.

  • Dynamic Payouts: Banks update gold loan amounts as per daily rates, so checking the latest tulam gold rate today can directly impact your loan eligibility.

Conclusion

The 1 tulam gold rate today plays a significant role in Indian households, influencing everything from wedding jewellery budgets to the quantum of gold loans. Tracking these rates regularly could help you make timely, better-informed financial decisions. Even a small shift in the tulam gold rate might change your asset’s value or the loan you receive. So, you should refer to trusted sources before making a move.

FAQs

What is the current price of gold per tulam today?

The current 1 tulam gold rate today stands at about ₹1,14,323 for 24K gold in India. The price can change every day with changes in domestic and international economic conditions.

Why is the gold tulam rate different across cities?

The tulam gold rate per day varies by city due to local taxes, making charges, logistics, and demand–supply conditions within regional markets. This is why the rate of 1 tulam of gold in a tier-1 metro city can be different from the price in a smaller city.

How often does the gold rate today for 1 tulam change?

Gold rates are updated even multiple times per day. This is because changes in global markets and currency fluctuations continuously affect the 1 tulam gold rate. Accordingly, a local jeweller can update the gold rates a few times a day during the operating hours of the main gold market.

Is 1 tulam gold rate applicable for both 22k and 24k gold?

Yes, the 1 tulam gold rate is calculated for both 22K (jewellery) and 24K (coins/bars) gold types. It is better to always check which purity the posted rate refers to before buying or selling.

How many grams is 1 tulam?

One tulam equals approximately 11.66 grams. This system of valuation remains a common practice in gold transactions across India and some other South-Asian countries.

How do you calculate gold 1 tulam price in India?

You can calculate the price of 1 tulam gold by multiplying the latest per gram rate by 11.66. For example, if 24K gold is currently valued at ₹9,801.5 per gram, 1 tulam will equal ₹1,14,323.

Where can I check the latest 1 tulam gold rate?

You can check real-time changes in all gold prices, including the 1 tulam gold rate,  on trusted websites of banks and popular gold and jewellery merchants. Some financial platforms and apps like Bajaj Markets also provide daily gold rates.

Home
Steal Deals
Credit Score
Accounts
Explore