The gold rate in Udaipur changes every day. Many factors affect the price, including international gold rates, the rupee-dollar exchange rate, import duty, GST, and local demand. Since India imports most of its gold, changes in global prices and currency values directly affect gold prices in Udaipur. Knowing today's gold rate helps you make better decisions when buying jewellery, investing in gold, selling your gold, or applying for a gold loan.
Gold Rate Today in Udaipur
In summary
- Compare today's prices for 18K, 22K, and 24K gold to choose the right purity.
- Gold prices in Udaipur change every day because of global gold prices, GST, the rupee's value, and demand across Rajasthan.
- If gold prices go up, the value of your pledged jewellery may also increase.
This page covers today's gold rate in Udaipur, recent price trends, the factors that affect gold prices, and how you can use your gold to get a gold loan.
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How is the gold price calculated in Udaipur?
Gold prices in Udaipur are determined using global gold prices and a few important factors in India. Each step helps decide the final price you pay at a jewellery store.
- International gold price: Gold is traded around the world in US dollars. This is the starting point for calculating gold prices.
- Rupee-Dollar exchange rate: The international price is converted into Indian rupees. If the rupee becomes weaker against the US dollar, gold prices in India usually go up.
- Gold purity: The price is then calculated per gram and adjusted for purity. For example, 24K gold is 99.9% pure, while 22K gold is 91.6% pure.
- Import duty: India imports most of its gold, so import duty is added to the price.
- GST: A 3% GST is charged on the gold value, and a 5% GST is charged on the making charges.
- Making charges: Jewellers add making charges and their margin to cover the cost of designing and making the jewellery.
Most jewellers and lenders in Udaipur use the daily benchmark price published by the Indian Bullion and Jewellers Association (IBJA) as a reference. This is why gold rates are usually similar across the city. The final price may still differ because making charges and jeweller margins are not the same everywhere.
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Historical gold rate in Udaipur
Gold prices in Udaipur have increased over the years. Prices may go up or down for a short time, but the overall trend has been upward. Inflation, global events, and rising demand have all played a part in this growth.
| Year | Price: 24K per 10 grams |
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,913 |
| 2023 | Rs. 65,330 |
| 2022 | Rs. 52,670 |
| 2021 | Rs. 48,720 |
| 2020 | Rs. 48,651 |
| 2019 | Rs. 35,220 |
| 2018 | Rs. 31,438 |
| 2017 | Rs. 29,667.50 |
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Factors influencing today's gold rate in Udaipur
The way gold prices are calculated stays the same every day. However, the factors that affect the price keep changing. This is why the gold rate in Udaipur goes up or down.
- International gold prices: The global gold price is the starting point. If gold prices rise in the international market, gold prices in Udaipur usually rise too.
- USD-INR exchange rate: Gold is imported and traded in US dollars. If the Indian rupee becomes weaker, importing gold becomes more expensive, which increases gold prices.
- RBI policies: Decisions taken by the Reserve Bank of India, such as changes in interest rates, can affect the demand for gold as an investment.
- Local demand: Gold demand usually increases during weddings, festivals, and special occasions in Udaipur and across Rajasthan. Higher demand can lead to small price differences between jewellers.
- Global market conditions: During uncertain times, many people buy gold because it is seen as a safe investment. This can push gold prices higher. When markets are stable, prices may remain steady or come down.
The way gold prices are calculated does not change. But global gold prices, the rupee's value, and local demand change every day, so the gold rate in Udaipur changes every day too.
Your gold can help you meet planned or unexpected expenses. Check your gold loan eligibility to get an estimate based on your jewellery.
Along with market trends, the value of gold also depends on its purity. Different purity levels have different prices and are used for different purposes. Understanding the difference can help you choose the right gold for jewellery, investment, or a gold loan.
What is the difference between 18K, 22K, and 24K gold?
The karat value tells you how much pure gold is in a gold item. A higher karat means more pure gold, while a lower karat means more other metals are mixed with the gold.
- 18K gold contains 75% pure gold. It is strong and durable, making it a good choice for jewellery you wear every day.
- 22K gold contains 91.6% pure gold. It is the most popular choice for jewellery in Udaipur because it offers both high purity and good strength.
24K gold contains 99.9% pure gold. It is the purest form of gold but is too soft for most jewellery. It is mainly used for gold coins and bars.
| Feature | 18K | 22K | 24K |
| Purity | 75% | 91.6% | 99.9% |
| Best for | Daily wear | Jewellery | Investment |
| Durability | Highest | Highest | Lower |
| Gold content | Lower | Higher | Highest |
How to check gold purity in Udaipur
Before you buy, sell, or pledge your gold, it is important to check its purity. Here are some common ways to do it.
- BIS Hallmark: The BIS hallmark shows that the gold has been tested for purity. It also includes the purity grade, hallmarking centre, and the jeweller's identification mark.
- Acid test: A trained expert uses a small amount of acid to check the purity of the gold.
- X-ray fluorescence (XRF) test: This is a quick and accurate test that checks the gold without damaging it.
- Electronic gold tester: An electronic tester measures the metal and gives a quick karat reading.
- Assay testing: In this test, a certified expert checks the gold carefully to find its exact purity.
- Density test: This method compares the density of your gold with the density of pure gold to estimate its purity.
For the most accurate result, always visit a certified jeweller or a professional assayer in Udaipur.
Have gold at home? Check your gold loan eligibility in a few simple steps and see how much you may be able to borrow.
How to calculate the gold value in Udaipur?
You can estimate the value of your gold using three simple details:
- Gold weight
- Gold purity
- Applicable gold rate per gram
Formula
Gold Value = Gold Weight × Gold Rate per Gram
For example, if you have 50 grams of 22K gold and the applicable gold rate is Rs. 13,383 per gram, the value of your gold will be:
50 × Rs. 13,383 = Rs. 6,69,150
This gives you an estimate of your gold's market value. The final loan amount depends on the applicable Loan-to-Value (LTV) ratio, the purity of your gold, and the lender's valuation process.
Now that you know what your gold is worth, check your gold loan eligibility online to see how much you may be able to borrow.
Choosing the best gold investment option in Udaipur
Gold prices affect the value of every type of gold investment. When gold prices go up, the value of physical gold, Gold ETFs, and Sovereign Gold Bonds usually goes up too. When gold prices fall, the value of these investments may also fall.
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Not your nearest branch?
How does the gold price in Udaipur today affect your gold loan amount?
The gold rate on the day your jewellery, ornaments, or coins is checked helps decide how much you can borrow. It is not based on the price you paid when you bought the gold or last month's gold rate.
If gold prices are higher in Udaipur, the same gold asset may help you get a higher loan amount. If prices fall, your eligible loan amount may also be lower.
Gold prices change every day. Check your gold loan eligibility to see how much you may be able to borrow today.
What decides your eligible loan amount?
Your gold loan amount depends on:
- Gold weight
- Gold purity
- The gold rate on the day your gold is checked
- The applicable Loan-to-Value (LTV) ratio
Only the pure gold content is considered. Stones, enamel, pearls, and other decorations on your jewellery and ornaments are not included.
The final loan amount depends on the eligible LTV ratio, the actual purity of your gold, and the lower of either the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange. The LTV ratio must be maintained throughout the loan tenure and may change as per RBI guidelines and lender policies.
The loan amount is determined using the applicable LTV ratio, which varies by loan size. To know more, click here.
Gold loan: What you should know before applying
A Bajaj Finance Gold Loan lets you borrow from Rs. 5,000 to Rs. 2 crore by pledging your gold jewellery, ornaments, or eligible gold coins. The gold loan interest rate starts from 9.50% per annum.
Jewellery and ornaments between 18K and 22K purity are accepted. Gold coins up to 24K purity are also accepted. Your gold is stored safely in secure vaults and stays insured for the entire loan period.
Here are a few things to know before you apply:
- Your loan amount depends on the weight and purity of your gold, not on the price you paid when you bought it.
- Bajaj Finance values your gold using the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange.
- You need only one valid KYC document, such as an Aadhaar card, Voter ID, passport, driving licence, NREGA job card, or a letter issued by the National Population Register.
- You can choose how you want to repay the interest. You can pay it monthly, every two months, quarterly, half-yearly, or yearly. The principal amount can be paid at the end of the loan tenure.
- There are no foreclosure charges, so you can close your loan early without paying any extra fee.
Before applying, use the gold loan calculator to estimate your eligible amount, or check your gold loan eligibility online to understand your borrowing capacity based on today's gold rate in Udaipur, gold purity, and weight.
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Know more about gold rates in Indian states and union territories
Know more about gold rates in other cities
| Gold rate in Kolkata | Gold rate in Visakhapatnam | Gold rate in Ludhiana |
| Gold rate in Ahmedabad | Gold rate in Surat | Gold rate in Nellore |
| Gold rate in Hyderabad | Gold rate in Amritsar | Gold rate in Salem |
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Latest RBI updates
Section | Parameter | Applicable Details |
Eligibility Criteria | Gold purity accepted | 18-22 Karat for jewellery and ornaments |
24 karat for gold coins | ||
Eligible collateral types | Gold ornaments, jewellery, and coins | |
Eligible limit for each collateral type | Ornaments | Total pledged weight across all loans must not exceed 1 kilogram |
Gold coins | The total weight of gold coins pledged cannot be more than 50 grams. | |
Gold Jewellery | As per maximum loan amount. | |
Overall exposure limit | The total loan exposure across ornaments, jewellery, and gold coins together must not exceed the maximum loan limit of Rs. 2 crore. | |
Collateral protection
| Any loss, damage, or discrepancy in the quantity or purity of your pledged gold identified during audit, return, or auction will be recorded and promptly communicated to you or your legal heirs. The reimbursement or compensation process, as per company policy and SOP, will be clearly explained. Delays in collateral release due to lender fault will attract compensation of ₹5,000 per day. | |
Gold loan renewal | Renewal parameter | You can request renewal of your gold loan before maturity if it remains in standard status and within permissible LTV limits. This facility is available only to existing customers. For bullet repayment loans, accrued interest must be cleared. Renewals are subject to credit checks, fresh applicable charges, and are not allowed after maturity. |
Gold loan top up | Top up parameter | Top-up is allowed before maturity, subject to regulatory LTV limits, credit assessment, and customer eligibility. Fresh fees and charges apply. Top-up after maturity is not permitted, even if dues are outstanding. Top up facility is available only to existing users. |
LTV (Loan to Value) | For loans up to Rs.2.5 lakh | 85% |
For loans between more than Rs.2.5 lakh to Rs.5 lakh | 80% | |
For loans from more than Rs. 5lakh to Rs. 2 crore | 75% | |
Gold Value | Evaluation parameter | As per the latest guidelines, gold loans are offered against specific purity of gold jewellery, ornaments and gold coins, valued using lower of the average closing price for your gold's specific purity over the last 30 days or the previous day's closing price, as published by IBJA or a SEBI-regulated commodity exchange, within prescribed limits and subject to KYC and timely repayment. |
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Disclaimer
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *