The gold rate in Rajkot is shaped by factors such as international bullion prices, exchange rate fluctuations, import duties, and local market demand. Since gold prices directly influence the value of gold jewellery and coins, changes in the rate can also affect the amount available against a gold loan. Understanding these drivers can help you better evaluate gold price movements and their impact.
Gold Rate in Rajkot Today
In summary
- Check the gold rate today in Rajkot before buying jewellery, investing, or taking a gold loan.
- Gold rates are available for 18K, 22K, and 24K purity levels.
- Prices change daily due to global market trends, GST, rupee movement, and local demand.
- Higher gold prices may increase your gold loan value.
This page covers today's gold rate in Rajkot, historical price trends, factors affecting prices, and how you can unlock value from your gold through a gold loan.
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Gold rate today in Rajkot
How the gold price is calculated in Rajkot
The gold rate in Rajkot is determined by a combination of domestic and international factors. Daily benchmark prices, global market movements, currency fluctuations, and government taxes all play a role in deciding the final gold price that customers pay.
- IBJA benchmark rates: The Indian Bullion and Jewellers Association (IBJA) publishes daily gold rates that are widely used by jewellers, lenders, and financial institutions across India.
- MCX gold trading: Gold futures traded on the Multi Commodity Exchange (MCX) reflect market sentiment and future price expectations, which can influence the gold rate in Rajkot today.
- Global gold prices: Since gold is traded internationally, changes in global spot prices directly impact local gold rates.
- Rupee-dollar exchange rate: India imports a large share of its gold. A weaker rupee can increase import costs and push gold prices higher.
- Taxes and duties: Import duties, GST, and other applicable charges contribute to the final retail gold price in Rajkot.
Understanding these factors can help you track the gold rate in Rajkot today and make informed decisions when buying gold or applying for a gold loan.
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Historical gold rate in Rajkot
Historical gold rates in Rajkot have generally followed the broader trend of gold prices in India. Although short-term fluctuations occur due to economic and market conditions, gold prices have shown long-term growth over the years.
| 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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What influences the gold rate in Rajkot today
Gold rates in Rajkot can change throughout the year due to domestic and global market developments. The most important factors include:
- International gold prices: Gold is traded globally. Any increase or decrease in international gold prices directly affects the gold rate in Rajkot.
- USD-INR exchange rates: India imports a significant portion of its gold. When the Indian rupee weakens against the US dollar, imported gold becomes more expensive.
- RBI monetary policy: Gold Loan interest rate decisions and monetary policy measures announced by the RBI can influence investor demand for gold and other asset classes.
- Import duties and GST: Import duties and GST affect the final price consumers pay for gold in Rajkot. A 3% GST applies on the value of gold and 5% on making charges.
- IBJA benchmark gold rates: The Indian Bullion and Jewellers Association (IBJA) publishes benchmark gold prices that are widely used across the gold industry.
- MCX gold trading trends: Gold futures traded on the Multi Commodity Exchange (MCX) provide signals about market sentiment and future price expectations.
- Local demand in Rajkot: Gold demand often rises during wedding seasons, festivals, religious occasions, or peak jewellery buying periods. Higher demand can contribute to local price movements in Rajkot.
Get the value your gold deserves. Check your gold loan eligibility and see how much you can avail based on purity and weight.
What is the difference between 18K, 22K, and 24K gold?
The current gold price in Rajkot is measured in karats. Higher karat values indicate a higher proportion of pure gold.
- 18K gold contains 75% pure gold and 25% other metals. It is commonly used for diamond-studded and designer jewellery.
- 22K gold contains 91.6% pure gold and is widely used for jewellery due to its balance between purity and durability.
- 24K gold contains 99.9% pure gold and is generally preferred for investment purposes such as gold coins and bars.
| Parameter | 18K Gold | 22K Gold | 24K Gold |
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
| Common Use | Diamond jewellery and daily wear | Traditional jewellery | Investment bars and coins |
| Price | Lowest | Higher | Highest |
Checking the purity of gold in Rajkot
Ensuring the purity of gold is essential before buying or pledging it. Here are some techniques commonly used to check gold purity in Rajkot:
- Hallmark check: Use a magnifying glass to look for BIS hallmarks or purity stamps on the jewellery.
- Visual inspection: Check for discolouration or tarnishing, which may indicate impurities or lower purity.
- Magnetic test: Pure gold is not magnetic and will not stick to a magnet.
- Acid test: This method uses chemical solutions and should be performed by a certified professional.
- Electronic gold testers: Utilise electrical conductivity to quickly assess gold purity.
For accurate results, it is always advisable to consult a certified jeweller or professional gold dealer in Rajkot.
Know how much you can borrow on your gold jewellery—check your gold loan eligibility instantly for a smooth and transparent process.
How can you calculate the value of your gold in Rajkot?
The value of gold depends on three key factors:
- Gold weight
- Gold purity
- Current gold rate
Gold value formula: Gold value = Gold weight × gold rate per gram
Example gold value calculation
Suppose a customer in Rajkot owns:
50 grams of 22K gold
Current 22K gold rate: Rs. 13,679 per gram
Estimated gold value: 50 × Rs. 13,679 = Rs. 6,83,950
This gives an estimate of your gold's current value based on prevailing market rates. If you want to know how much loan amount your gold may support, the next step is to estimate your gold loan eligibility.
Please note, Bajaj Finance does not consider the gold rate today in Rajkot while evaluating loan value. It considers the lower of the previous day's closing price or 30-day average closing price to determine the loan value against pledged gold.
How do gold rates influence gold investments?
Gold rates influence the value of physical gold, Gold ETFs, and Sovereign Gold Bonds (SGBs). While these products differ in structure, their performance is linked to movements in gold prices. Investors in Rajkot often monitor daily gold rates before purchasing jewellery, investing in Gold ETFs, or evaluating the value of existing gold holdings.
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How does the gold price in Rajkot today affect your gold loan amount?
The gold rate in Rajkot directly decides your eligible loan amount not last month's rate or what you originally paid for the gold. A higher rate today means a higher loan amount against the same gold. A lower rate means less.
How is gold loan eligibility calculated?
The gold loan eligibility depends on:
- Gold weight
- Gold purity
- Applicable gold rate
- Loan-to-Value (LTV) ratio
Under gold loan eligibility, the valuation is based only on the intrinsic value of the gold. Stones and other embellishments are not considered.
The final loan amount depends on the eligible LTV, actual gold purity, and the lower of either the previous day's closing price or the 30-day average 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.
Please note that the maximum loan amount available depends on the applicable Loan-to-Value (LTV) ratio for gold loans and regulatory limits based on the loan amount.
Key points to know before applying for a gold loan in Rajkot
If you are planning to get a gold loan in Rajkot, it is important to keep these points in mind:
- Loan amount is based on the purity and weight of your gold jewellery, ornaments, and gold coins not what you originally paid
- Bajaj Finance considers 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
- Higher gold prices in Rajkot can improve your eligible loan amount
- Only one basic KYC document is required — Aadhaar card, Voter ID, passport, driving licence, NREGA job card, or letter from the NPR
- With Bajaj Finance, you can borrow Rs. 5,000 up to Rs. 2 crore against your 18-22 karat gold jewellery, or ornaments, or against gold coins up to 24 karat purity at gold loan interest rate starting from 9.50% per annum
Before applying, use the gold loan calculator to estimate your eligible amount and understand your estimated borrowing capacity based on today's gold rate in Rajkot, gold purity, and weight.
Apply in minutes. Money in account instantly with a Bajaj Finance Gold Loan*
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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. *