Gold Price per Sovereign Today: Live Rate & How to Calculate
Gold Price per Sovereign Today: Live Rate & How to CalculateThe sovereign is the standard unit for gold pricing across South India - especially in Tamil Nadu, Karnataka and Kerala. When a Tamil bride's dowry is quoted in sovereigns, or a jeweller prices a chain in pavans, the calculation is always the same: 1 sovereig…
Gold Price per Sovereign Today: Live Rate & How to Calculate
The sovereign is the standard unit for gold pricing across South India - especially in Tamil Nadu, Karnataka and Kerala. When a Tamil bride's dowry is quoted in sovereigns, or a jeweller prices a chain in pavans, the calculation is always the same: 1 sovereign = 8 grams.
This page gives you today's live sovereign gold rate and explains how to verify it.
At a Glance
| 1 sovereign equals | 8 grams |
|---|---|
| Also called | Pavan (Tamil Nadu, Kerala) | Savaran (Karnataka) |
| 1 sovereign of 22K gold today | ₹1,11,752 |
| 1 sovereign of 24K gold today | ₹1,22,000 |
| 5 sovereigns of 22K today | ₹5,58,760 |
| 10 sovereigns of 22K today | ₹11,17,520 |
| How rate is set | IBJA × 8g × purity fraction |
| Last Updated | May 2026 |
Gold Price per Sovereign Today - All Purities
| Sovereigns | Grams | 22K Today | 24K Today | 18K Today |
|---|---|---|---|---|
| 1 | 8g | ₹1,11,752 | ₹1,22,000 | ₹91,500 |
| 2 | 16g | ₹2,23,504 | ₹2,44,000 | ₹1,83,000 |
| 3 | 24g | ₹3,35,256 | ₹3,66,000 | ₹2,74,500 |
| 4 | 32g | ₹4,47,008 | ₹4,88,000 | ₹3,66,000 |
| 5 | 40g | ₹5,58,760 | ₹6,10,000 | ₹4,57,500 |
| 7 | 56g | ₹7,82,264 | ₹8,54,000 | ₹6,40,500 |
| 10 | 80g | ₹11,17,520 | ₹12,20,000 | ₹9,15,000 |
| 15 | 120g | ₹16,76,280 | ₹18,30,000 | ₹13,72,500 |
Sovereign vs Pavan vs Savaran - Same Thing
All three terms refer to the same weight - 8 grams of gold:
• Sovereign: the colonial English term, still used across South India
• Pavan: Tamil Nadu and Kerala - from the Tamil 'pavan' (meaning pure/gold)
• Savaran: Karnataka - the Kannada term for sovereign
All three = 8 grams exactly. The IBJA rate per gram is the same for all.
How to Calculate the Sovereign Rate
Sovereign rate = IBJA per-gram rate × 8 × Purity fraction
For 22K:
₹13,965/g × 8 = ₹1,11,752 per sovereign
For 24K:
₹15,250/g × 8 = ₹1,22,000 per sovereign
Check ibja.co for the live per-gram rate, then multiply by 8 to get today's sovereign rate.
Selling Sovereign Gold Coins
- Gold sovereign coins (including old British sovereign coins) are accepted at Attica Gold branches
- Each coin is XRF tested - confirming purity
- The old British Gold Sovereign coin weighs 7.988g of 22K (916) gold - not exactly 8g like Indian sovereigns
- Indian sovereign coins are exactly 8g and typically 22K
- No original packaging or certificate needed to sell - XRF testing is the verification method
Why Choose Attica Gold Company
Attica Gold Company is ISO 9001:2015 certified with 200+ branches across Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Pondicherry. Your wait is over.
Ready to sell your gold?
Visit any Attica Gold Company branch - 200+ branches across Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Pondicherry. Bring your Aadhaar card. Your wait is over.
Frequently Asked Questions
How many grams is 1 sovereign of gold?
1 sovereign = 8 grams exactly. This is the standard used in Tamil Nadu, Karnataka and Kerala.
What is 1 sovereign of 22K gold worth today?
₹1,11,752 at today's IBJA rate of ₹13,965/g for 22K.
Is pavan the same as sovereign?
Yes - pavan and sovereign both refer to 8 grams of gold. Pavan is the Tamil term, sovereign is the English term.
Is savaran the same as sovereign?
Yes - savaran is the Kannada term for the same 8-gram weight.
How do I sell sovereign gold coins?
Bring them to any Attica Gold branch. XRF testing confirms purity, and you receive the IBJA rate for the confirmed purity and weight.
Is the British Gold Sovereign coin 8 grams?
No - the British Gold Sovereign is 7.988 grams of 22K (916) gold. Indian sovereigns are defined as exactly 8 grams.
What is the sovereign gold rate today vs the IBJA rate?
The IBJA rate is ₹13,965/g for 22K. Multiply by 8 to get the sovereign rate: ₹1,11,752.
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