The gold rate in Bangalore for 24 carat (Gold 999) is at Rs 96,550 per 10 grams, fall 730.00 from its previous close. The price of 1 gram gold rate today in for 24 carat gold is Rs 9,655 per gm.

This is the minimum amount which is required to buy "x" number of lots of a particular commodity to trade in futures market.