ABRAF Gold
1 gram 916 gold coin — zero wastage, just ₹327 making.
Buying 1 gram of gold as jewellery usually adds 8–20% wastage on top of making. An ABRAF minted coin has no wastage at all: you pay for exactly 1 gram at the live rate, a flat ₹327 making charge and 3% GST. It comes sealed in an assay card with a GST invoice.
| Gold · 1 g × 916 rate | ₹13,085 |
| Wastage | ₹0 |
| Making (flat) | ₹327 |
| GST 3% | ₹402 |
1 gram gold coins & bars — live prices
All three are minted to an exact weight, so none of them carry wastage. Prices include making and GST.
1 Gram 916 Gold Coin (22K)
1 Gram 999 Gold Coin (24K)
1 Gram 999 Minted Gold Bar (24K)
Gold coin vs gold jewellery — what 1 gram really costs
Same 22K (916) gold, same day’s rate. The difference is wastage.
| 1 gram of 22K gold | ABRAF 916 coin | Typical 22K jewellery* |
|---|---|---|
| Gold value | ₹13,085 | ₹13,085 |
| Wastage / value addition | ₹0 | ₹1,570 (12%) |
| Making | ₹327 | often extra |
| GST 3% | ₹402 | ₹440 |
| You pay | ₹13,814 | ₹15,095+ |
*Illustration only: jewellery wastage / value addition in India commonly ranges from 8% to 20%; 12% is used here. ABRAF coin price is today’s live price.
Why buy your 1 gram gold coin from ABRAF
1 gram gold coin — questions answered
Is there any wastage on an ABRAF 1 gram gold coin?
No. A minted coin is struck to an exact weight, so there is no wastage (also called VA or value addition). You pay for exactly 1 gram of gold, a small flat making charge and GST — nothing else.
What is the making charge on a 1 gram 916 gold coin?
A flat ₹327 per coin, shown before you pay. On today’s rate that is about 2.5% of the gold value. 22K jewellery usually adds 8%–20% as wastage or value addition on top of making.
What is the price of a 1 gram 916 gold coin today?
Today (26 Oct 2026) a 1 g 916 (22K) ABRAF coin is ₹13,814 including making and 3% GST: gold ₹13,085 + making ₹327 + GST ₹402. The price moves with the live Chennai gold rate.
916 or 999 — which gold coin should I buy?
916 (22K) is the same purity as most Indian jewellery, so it is easy to exchange into jewellery later. 999 (24K) is pure gold — the best choice for investment and gifting. Both are minted with zero wastage.
Are ABRAF gold coins BIS hallmarked?
Yes. Every ABRAF coin and bar is BIS hallmarked and sealed in a tamper-evident assay card with a certificate number, fineness, weight and QR code.
Can I sell the coin back to ABRAF?
Yes. ABRAF buys back its coins and bars at the live published rate after an XRF purity check done in front of you — no hidden deductions.
Is GST charged on gold coins?
Yes, 3% GST applies to gold. You get a proper GST invoice with every coin.
Where can I buy a 1 gram gold coin?
Order online at abrafgold.com with insured delivery across India, or collect in store in Chennai, Bengaluru and Hyderabad.