Key takeaways
The gold rate you see at a jewellery shop in Maharashtra is not a fixed number. It is worked out in a few simple steps.
Most jewellers and gold loan providers across Maharashtra use the daily gold rate published by the Indian Bullion and Jewellers Association (IBJA) as a guide. This is why gold rates are usually similar across the state on any given day. The biggest difference in the final price comes from the making charges and the jeweller's own margin.
To make an informed decision, it is important to stay updated with the gold rate today in India and monitor live gold prices regularly to understand market movements.
Historical gold prices in Maharashtra have generally shown an upward trend over the years. While short-term prices may rise or fall, the long-term movement has remained positive.
| 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 |
Gold prices in Maharashtra do not move for just one reason. They change with global market trends, currency movements, taxes and local buying patterns. These factors together influence the gold rate today in Maharashtra.
If you are planning to pledge gold, you can check your gold loan eligibility to understand the applicable eligibility criteria.
If you are checking the gold rate in Maharashtra, it helps to understand how purity affects the price. Karat shows how much pure gold is present in an item. As the karat value increases, the proportion of pure gold also rises.
As each purity level contains a different amount of pure gold, 18K, 22K and 24K gold are priced differently in Maharashtra.
| Parameters | 18K | 22K | 24K |
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
| Common Use | Daily wear and modern designs | Traditional jewellery | Investment bars and coins |
| Price | Lower | High | Highest |
If you are checking the gold rate today in Maharashtra, it is also useful to confirm the purity of the gold before buying or pledging it. Purity affects both the quality of the gold and its value, so it can also influence the gold price in Maharashtra.
For a more reliable purity check, you can visit a certified jeweller or professional gold assayer in Maharashtra.
Wondering how much you may be eligible to borrow against your gold? You can check your gold loan eligibility online based on the applicable criteria.
TThe value of your gold depends on three main factors. Understanding these can help you estimate your gold’s worth based on the gold price in Maharashtra and the purity of your jewellery.
Gold value formula: Gold value = Gold weight × Applicable gold rate per gram
Let us understand through an example, suppose a customer in Maharashtra has 50 grams of 22K gold.
If the applicable 22K gold rate is Rs. 12,826 per gram:
50 × Rs. 12,826 = Rs. 6,41,300
This is an estimated value based on the applicable gold rate and purity. The actual value may vary depending on the valuation method used.
Changes in gold prices can affect the value of investment options such as physical gold, Gold ETFs and Sovereign Gold Bonds. Tracking gold price movements can help investors understand how their gold investments may change over time.
The gold rate on the day your gold is assessed sets your loan amount you may be eligible for not last month's rate or what you originally paid. When prices are higher in Maharashtra, the same jewellery, coins or ornaments support a larger loan. When prices fall, the eligible amount comes down.
Your eligible loan amount depends on:
Only the pure gold content is assessed. Stones, enamel, and other decorations are not counted.
The loan amount is determined using the applicable LTV ratio, which varies by loan size. To know more, click here.
The final loan amount also depends on 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 be revised as per RBI guidelines and lender policies.
With Bajaj Finance, you can borrow from Rs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, and gold coins. The gold loan interest rate starts from 9.50% to 24.25% per annum.
Jewellery and ornaments between 18-22 karat purity are accepted. Gold coins up to 24 karat purity are also eligible. Your gold is stored in secured vaults with insurance cover for the entire loan duration.
A few things worth knowing before you apply:
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 Maharashtra, gold purity, and weight.
It takes just 2 steps to check your eligibility for a Bajaj Finance Gold Loan. Enter your mobile number now.
| Gold rate in Assam | Gold rate in Kerala | Gold rate in Tamil Nadu |
| Gold rate in Bihar | Gold rate in Delhi | Gold rate in Telangana |
| Gold rate in Himachal Pradesh | Gold rate in Nagaland |
| 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 |
The gold rate in Maharashtra is influenced by several global and domestic factors. Benchmark rates, international gold prices, currency movements, taxes and market demand all play a role in determining the final price. Local jewellers may also add making charges and margins, which can cause slight differences in gold prices across cities in Maharashtra.
The 1-gram gold rate in Maharashtra changes daily due to global gold prices, currency movements, market demand and other factors. Checking the latest gold rate in Maharashtra can help you track current prices before buying or evaluating gold. Visit our gold rate page for updated information on gold prices across Maharashtra.
In Maharashtra, choosing between 22K and 24K gold depends on your purpose, such as jewellery purchase or investment. Checking the latest gold rate today in Maharashtra for 22 carat and 24 carat gold can help you compare prices based on purity. While 22K gold is commonly preferred for jewellery due to its strength, 24K gold has higher purity and is often chosen for investment purposes.
When purchasing gold jewellery in Maharashtra, make sure it is hallmarked for purity. Also, ensure transparent billing and buy from trusted jewellers only. To check the gold rate today in Maharashtra, visit our website.
The gold rate in Maharashtra changes daily based on international gold prices, the USD-INR exchange rate, taxes and local demand. Check the latest 18K, 22K and 24K gold rates in Maharashtra before buying, selling or evaluating gold.
Investing in 24-karat gold in Maharashtra can be a good choice if you value purity. However, it's not commonly used for jewellery due to softness. Consider the purpose of your investment and compare it with the current gold price in Maharashtra to make an informed decision.
In Maharashtra, you can invest in gold through various avenues such as purchasing gold coins, jewellery, or gold ETFs (Exchange-Traded Funds). Additionally, gold loans and sovereign gold bonds are popular options. It's essential to stay informed about current gold rates in Maharashtra for smart investment decisions.
Gold prices in Maharashtra have experienced fluctuations recently due to factors like global market trends, currency exchange rates, and demand. Monitoring these changes can help buyers make informed decisions about their purchases or investments.
The gold rate today in Maharashtra varies based on the purity (22K or 24K). Current rates are influenced by international market prices, local taxes, and demand. Check reliable platforms for updated rates before making any purchases.
Gold prices in Maharashtra have changed with global gold prices, the USD-INR exchange rate, and local demand. Prices may rise or fall daily, but the long-term trend has generally been upward.
Today's gold rate in Maharashtra depends on the latest market price. Check the live 22K and 24K gold rates for the most accurate and up-to-date price before buying gold or applying for a gold loan.
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *
