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Gold Rate in Beed

Get the latest updates on the gold price today in Beed with Bajaj Finance. Track daily gold rates for 24K gold and understand its impact on gold loans. Check your gold loan eligibility today!
Gold Rate Today
22k Gold / 10 gm 
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 Key takeaways

  • Gold rates in Beed change daily due to global prices, currency movements, local demand and other market factors.
  • 24K gold has 99.9% purity, 22K gold has 91.6% purity and 18K gold has 75% purity.
  • 22K gold is commonly used for jewellery, while 24K gold is often preferred for investment.
  • Tracking daily gold rates can help you make informed decisions about buying gold, investing or applying for a gold loan.

How is gold price calculated in Beed?

The gold price in Beed is influenced by several factors. The process starts with the international gold price and moves through currency conversion, applicable taxes and other costs before reaching the local market rate.

  • Global gold prices: Gold is traded internationally in US dollars per troy ounce, which forms the starting point for Indian gold rates.
  • USD-INR exchange rate: The international price is converted into Indian rupees. Changes in the exchange rate can affect gold prices in Beed.
  • Gold purity: Rates differ by purity. 24K gold is 99.9% pure, while 22K gold is 91.6% pure.
  • Import duty: Applicable import duties and other costs are factored into the domestic gold price.
  • GST: GST applicable to gold and making charges can affect the final jewellery price.
  • Jewellery costs: Making charges and the jeweller's margin are added when purchasing jewellery and may vary between jewellers.
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Historical gold price trends in Beed

Gold prices have shown a clear upward trend over the years, although short-term changes are common. Looking at historical 24 karat gold prices per 10 grams can help you understand how rates have moved and make better decisions when buying, selling or pledging gold.


YearPrice (24 Karat per 10 grams)
2025Rs. 1,05,000–Rs. 1,30,000
2024Rs. 77,913
2023Rs. 65,330
2022Rs. 52,670
2021Rs. 48,720
2020Rs. 48,651
2019Rs. 35,220
2018Rs. 31,438
2017Rs. 29,667.50

If you are planning to borrow against your gold, you can check your gold loan eligibility and estimate how much you may be able to borrow based on your gold's value.

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Which key factors influence the gold rate in Beed?

Gold prices in Beed are influenced by a mix of global market conditions and domestic factors. Key factors include:

  • Global gold prices: International price movements directly affect gold rates in India. Economic uncertainty and inflation can increase demand for gold and push prices higher.
  • USD-INR exchange rate: Since India imports much of its gold, a weaker rupee can increase import costs and raise gold prices.
  • Local demand: Buying during weddings, festivals and other occasions can influence local demand and prices.
  • Import duties and taxes: Changes in government duties and applicable taxes can affect the final price of gold.
  • Inflation and geopolitical events: Wars, financial uncertainty and rising inflation can increase demand for gold as a safe-haven asset, affecting rates in Beed.

What is the difference between 18k, 22k and 24k gold?

Gold purity refers to the percentage of pure gold present in an item. The higher the karat, the higher the gold content. 18K gold contains 75% pure gold, 22K gold contains 91.6% and 24K gold contains 99.9% pure gold. 22K is commonly used for jewellery, while 24K is mainly preferred for coins and investment.


Parameter18K Gold22K Gold24K Gold
Purity75%91.6%99.9%
StrengthHighestHighLower
Common UseDiamond jewellery and daily wear jewelleryTraditional jewelleryInvestment bars and coins
PriceLowestHigherHighest

Check the 22 carat gold rate today in Beed and gold rate today in Beed 24 carat to compare current prices.


Pro tip: Since hallmarked gold assures purity and value, check your gold loan eligibility today and unlock its full financial potential.


Ways to verify gold purity in Beed

To verify gold purity, various methods can be employed to ensure authenticity:


  • Hallmark inspection: Check for hallmarks or stamps indicating the gold piece's purity level, usually found on the inside of rings or clasps.
  • Visual examination: Look for any signs of discoloration or tarnishing, as pure gold maintains its characteristic lustre without tarnishing easily.
  • Magnetic test: Assess the metal's magnetic properties, as gold is non-magnetic. If a magnet attracts the metal, it is likely not pure gold.
  • Nitric acid testing: Apply nitric acid to test gold purity, with genuine gold showing no reaction to the acid. However, it's advisable to seek professional assistance due to the use of chemicals.

Using a combination of these techniques helps identify pure gold and avoid counterfeit specimens.


How to calculate gold value in Beed?

To calculate the value of your gold, you need its weight, purity and the prevailing gold rate in Beed. Follow these simple steps:

  • Check the purity: Identify whether your gold is 18K, 22K or 24K.
  • Measure the weight: Note the net gold weight in grams.
  • Check the rate: Use today’s gold price in Beed for the matching purity.
  • Calculate the value: Multiply the gold weight by the applicable rate per gram.

Formula: Gold value = Weight × Rate per gram

For example, 10 grams of 22K gold at Rs. 13,000 per gram would be worth Rs. 1,30,000, before applicable charges.


Curious about your loan eligibility? Enter your mobile number to see how much you can get for your gold.


How do gold rates influence gold investments? 

Gold rates directly affect the value of your gold investments. When the gold rate today in Beed rises, the value of your existing gold holdings may increase. When prices fall, their market value may decline. Tracking gold price trends can help investors make informed decisions about when to buy, hold or sell gold based on their financial goals.

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How gold rates influence gold loans in Beed

The gold rate in Beed directly affects the value of gold pledged for a loan. When prices rise, the value of the collateral may increase, potentially allowing a higher loan amount. Borrowers can use a gold rate calculator to estimate their gold’s value. The applicable gold loan interest rate determines the borrowing cost.


What decides your eligible loan amount?

Your eligible gold loan amount depends on the weight and purity of your gold, its assessed value and the applicable Loan-to-Value (LTV) ratio. The LTV limit varies based on the loan amount.

  • Only the actual gold content is considered during valuation. Stones, enamel and other decorative elements are not included.
  • The gold is valued 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.
  • The applicable LTV ratio determines the maximum loan amount you may receive against the assessed gold value.
  • The interest you pay depends on the applicable gold loan interest rate.

Use these factors to get a clearer idea of how much you may be able to borrow against your gold and plan your loan accordingly.


Gold loan basics: What you should know before applying

If you are looking for funds in Beed, Bajaj Finance lets you borrow from Rs. 5,000 to Rs. 2 crore by pledging eligible gold jewellery, ornaments and gold coins. The gold loan interest rate starts from 9.50% per annum.


Jewellery and ornaments between 18-22 purity are accepted, while gold coins can be up to 24 karat purity. Your pledged gold is kept in secure vaults and covered by insurance during the loan period. You can also check the gold price today in Beed to understand the current market value of your gold before applying.

Before you apply, keep these points in mind:


  • The loan amount depends on your gold's weight and purity, rather than its purchase price.
  • The valuation uses 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 NPR letter.
  • You can choose monthly, bi-monthly, quarterly, half-yearly or annual interest payments, with the principal payable at the end of the tenure.
  • There are no foreclosure charges if you decide to close the loan early.

You can use the gold loan calculator to get an estimate, or check your gold loan eligibility to understand how much you may be able to borrow based on your gold's weight, purity and applicable valuation price.


Curious about your loan eligibility? Enter your mobile number to see how much you can get for your gold.

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Frequently asked questions

Gold Price

Gold Value

What is the price of 1 Tola gold in Beed?

The price of 1 Tola (approximately 11.66 grams) of gold in Beed changes daily based on international gold market fluctuations, national economic policies, and local market conditions. To get the current price, it's best to check with local jewellers or reputable financial news sources that track gold prices.

Gold prices vary between cities due to differences in local demand, transportation costs, taxes, and other regional factors.

The price of gold in Beed is influenced by global market trends, import duties, local demand, and supply dynamics, which collectively determine the cost of gold in the region.

Gold prices in Beed have shown daily fluctuations in line with changes in international gold prices, currency movements, import duties, and local demand. While prices may rise or fall in the short term, the broader trend has remained upward over the years. Reviewing recent price movements can help you identify market trends and make informed decisions before buying gold or applying for a gold loan.

The gold rate today in Beed changes regularly based on global gold prices, currency movements, market demand and other economic factors. The rate also varies according to gold purity, such as 18K, 22K and 24K. Before buying, selling or pledging gold, check the latest rate for the required purity and weight to understand its current market value.

The gold rate in Beed is mostly similar across jewellers, but the final price can differ due to making charges, wastage costs, and individual jeweller pricing policies.

The gold rate today in Beed is usually close to nearby cities. Small differences may happen because of local demand, transport costs, and jeweller margins.

Yes, making charges directly affect the final gold price in Beed. Higher design complexity and craftsmanship increase making charges, raising the overall jewellery cost.

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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. *