The gold rate in Nanded changes daily due to global gold prices, rupee–dollar exchange rates, taxes, and local demand. As India imports most of its gold, international market movements directly affect local rates. Gold prices also influence the value of jewellery, investments, and the loan amount you may be eligible for against your gold.
Gold rate today in Nanded
In summary
- The gold rate in Nanded changes daily due to global gold prices, currency movements, inflation, government policies, and local demand.
- Understanding 18K, 22K, and 24K gold helps you choose the right purity for jewellery, investment, or resale.
- Tracking the gold rate in Nanded helps you make informed buying, investment, and borrowing decisions.
- Higher gold prices can increase your gold loan eligibility and the loan amount available against eligible gold jewellery.
This page covers today's gold rate in Nanded, price trends, purity, valuation methods, and how gold prices affect gold loans.
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How are gold prices in Nanded calculated
Gold prices in Nanded are calculated using several factors:
- International gold price: Gold is traded globally in US dollars per troy ounce, which forms the base price.
- USD to INR conversion: The international price is converted into Indian Rupees using the prevailing exchange rate.
- Import duty and GST: Applicable import duty and GST are added to arrive at the domestic gold price.
- Purity adjustment: The price is adjusted based on the purity of the gold, such as 24K (99.9% pure) or 22K (91.6% pure).
Making charges: For jewellery, jewellers add making charges and their own margins to the final retail price.
Example: If the base price of 24K gold is Rs. 10,000 per gram, the approximate price of 22K gold would be Rs. 9,160 per gram (Rs. 10,000 × 91.6%) before making charges are added.
Note: Many jewellers and gold loan lenders in Nanded use the daily benchmark published by the Indian Bullion and Jewellers Association (IBJA) as a reference for determining the base gold price. However, the final retail price may vary between jewellers due to differences in making charges, wastage, and profit margins.
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Historical gold rate in Nanded and how it has changed in recent years
Gold prices in Nanded generally follow the broader trend seen across India, with steady long-term growth despite short-term fluctuations driven by market conditions.
| Year | 24 Carat Gold Price per 10 gm |
| 2025 | Rs. 1,00,030 |
| 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 |
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What affects gold rates in Nanded today
Gold prices in Nanded are influenced by a mix of global market trends, currency changes, taxes, and local demand, which together decide the final retail price.
- International gold prices: Global gold prices form the base of domestic rates. Any rise or fall in international markets directly impacts gold prices in Kolhapur.
- USD-INR exchange rate: Gold is imported and priced in US dollars. A weaker rupee increases the cost of imports, leading to higher gold prices in India.
- RBI monetary policy: Changes in interest rates and monetary policy can influence investor demand for gold, affecting its price.
- Local demand: Gold prices may vary slightly during wedding seasons, festivals and periods of high demand due to increased buying activity.
- Government taxes and import duty: Import duty and GST contribute to the final retail price of gold and any revisions in these charges can impact rates.
Global economic conditions: Inflation, geopolitical events and economic uncertainty often increase demand for gold as a safe-haven asset, pushing prices higher.
What is the difference between 18K, 22K and 24K gold?
Gold purity is measured in karats, with higher karat values indicating higher gold content.
- 18K Gold contains 75% pure gold and is commonly used for designer and stone-studded jewellery.
- 22K Gold contains 91.6% pure gold and is widely preferred for traditional jewellery.
- 24K Gold contains 99.9% pure gold and is mainly used for coins and investment bars.
| Parameter | 18K gold | 22K gold | 24K gold |
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
| Common Use | Designer jewellery | Traditional jewellery | Coins and bars |
| Price | Lowest | Higher | Highest |
Checking the purity of gold in Nanded
Gold purity should be verified before buying, selling, or pledging.
- BIS Hallmark: Confirms BIS-certified purity and authenticity of gold jewellery.
- Acid testing: Uses chemical solutions to check and identify gold purity.
- X-ray fluorescence testing: Accurately measures gold composition using advanced X-ray technology.
- Electronic gold testers: Estimate gold purity quickly through electrical conductivity measurement.
- Assay testing: Determines exact purity through professional laboratory analysis methods.
Density testing: Compares gold density with standard values to estimate purity.
How can you calculate the value of your gold?
The value of gold depends on three key factors:
- Gold weight
- Gold purity
- Current gold rate
Gold value formula
Gold value = Gold weight × Current gold rate
Example gold value calculation
Suppose a customer in Nanded owns:
- 50 grams of 22K gold
- Current 22K gold rate: Rs. 13,810 per gram
Estimated gold value:
50 × Rs. 13,810 = Rs. 6,90,500
This calculation provides an approximate value of your gold based on the latest market rates.
Want to know how much you can borrow on your gold — check your gold loan eligibility instantly for a smooth and transparent process.
How do gold rates influence gold investments?
Gold rates affect the value of physical gold, Gold ETFs, and Sovereign Gold Bonds (SGBs). Many investors track daily gold prices before buying jewellery, investing in gold products, or reviewing the value of their existing gold holdings.
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Not your nearest branch?
How does the gold price in Nanded today affect your gold loan amount?
This is the most important factor for a gold loan: the rate on the day your gold is valued determines the loan amount, not previous rates or the price you originally paid.
A higher current gold rate can increase the loan amount against the same gold, while a lower rate will reduce it.
What decides your eligible loan amount?
Gold loan eligibility depends on:
- Gold weight
- Gold purity
- Applicable gold price
- Loan-to-Value (LTV) ratio
Only the actual gold content is considered during valuation. Stones, enamel, and other decorative elements are not included.
Gold valuation is based on whichever is lower between the previous day's closing price and the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange.
Please note, the maximum LTV eligible for a loan depends on the loan amount and cannot be more than the limits given. To know more, click here.
Gold loan — what you should know before applying
If you are planning to apply for a gold loan in Nanded, here are a few important points to know.
With Bajaj Finance, you can avail of a gold loan from Rs. 5,000 to Rs. 2 crore against eligible gold jewellery, ornaments, and gold coins. The gold loan interest rate starts from 9.50% per annum.
Gold jewellery and ornaments between 18K and 22K purity are accepted, while gold coins up to 24K purity are eligible. Your pledged gold remains stored in secured vaults with insurance cover throughout the loan tenure.
A few important things to know before applying for a gold loan:
- Your loan amount depends on the weight and purity of your gold, not its purchase price.
- Bajaj Finance 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.
- Only one valid KYC document is required, such as Aadhaar, Voter ID, or passport.
- Interest can be repaid monthly, quarterly, half-yearly, or annually, as per your convenience.
- There are no foreclosure charges, so you can close the loan early without penalty.
You can use a gold loan calculator or check eligibility online based on today’s gold rate, purity, and weight.
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 Nanded, gold purity, and weight.
Get the value your gold deserves. Check your gold loan eligibility and see how much you can avail based on 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 Vadodara | Gold rate in Madurai | Gold rate in Trichy |
| Gold rate in Chennai | Gold rate in Pune | Gold rate in Vijayawada |
| Gold rate in Kolkata | Gold rate in Visakhapatnam | Gold rate in Ludhiana |
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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. *