The gold price in Mehsana 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 Mehsana
In summary
- Check the gold price today in Mehsana for 18K, 22K, and 24K gold.
- View live gold rates per gram and per 10 grams.
- Explore historical gold price trends and daily market movements.
- Learn how to calculate your gold's value and estimate your gold loan eligibility using the latest gold rates.
This page covers today's gold rate in Mehsana, historical gold price trends, the key factors that influence daily gold prices, and how you can estimate your gold's value and unlock funds through a gold loan.
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How the gold price is calculated in Mehsana
The gold rate in Mehsana is calculated using a combination of international market prices, currency exchange rates, government taxes, and local charges. Since these factors change every day, the gold rate is updated regularly. Understanding how the price is calculated can help you compare rates, plan your purchase, and estimate the value of your gold.
- International gold price: Gold is traded globally in US dollars per troy ounce. This forms the base price.
- USD-INR exchange rate: The global price is converted into Indian rupees. A weaker rupee can increase the gold rate in Mehsana, while a stronger rupee can reduce it.
- Gold purity: The price is calculated based on purity. 24K gold is 99.9% pure, 22K gold is 91.6% pure, and 18K gold is 75% pure, so each has a different price.
- Import duty: Since India imports most of its gold, the applicable import duty is added to the price.
- GST: A 3% GST is charged on the value of gold, while a 5% GST applies to making charges.
- Making charges: Jewellers add making charges and their own margin, which can vary depending on the design and seller.
Most jewellers and lenders in Mehsana use the Indian Bullion and Jewellers Association (IBJA) benchmark as the reference for the base gold price. This keeps gold rates broadly consistent across the city, while making charges and jeweller margins account for most price differences.
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Historical gold rate in Mehsana and past trends
Gold prices in Mehsana have generally increased over the years, although short-term fluctuations are common due to changing market conditions. Tracking historical gold prices can help you understand long-term trends and make informed decisions when buying gold, investing, or applying for a gold loan.
| Year | 24-carat gold price per 10 grams |
|---|---|
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,000 |
| 2023 | Rs. 65,000 |
| 2022 | Rs. 52,000 |
| 2021 | Rs. 47,000 |
| 2020 | Rs. 48,000 |
| 2019 | Rs. 35,000 |
| 2018 | Rs. 31,000 |
| 2017 | Rs. 29,000 |
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Major factors affecting gold rates in Mehsana
The gold rate in Mehsana changes every day due to a combination of global market trends, government policies, and local demand. Understanding these factors can help you track price movements and make informed decisions when buying gold, investing, or applying for a gold loan.
- International gold prices: Global gold prices are the biggest factor influencing the gold rate in Mehsana. When international prices rise or fall, local gold rates usually follow the same trend.
- USD-INR exchange rate: Since India imports most of its gold, changes in the value of the Indian rupee against the US dollar directly affect gold prices. A weaker rupee generally leads to higher gold rates.
- Import duty and GST: Government taxes, import duties, and GST increase the final price of gold in the local market.
- Inflation and interest rates: During periods of high inflation or lower interest rates, many investors prefer gold as a store of value, which can increase demand and prices.
- Local demand: Gold demand often rises during festivals, weddings, and other occasions in Mehsana, which can influence local gold prices.
- Global economic and geopolitical events: Economic uncertainty, geopolitical tensions, and changes in financial markets can increase demand for gold, causing prices to fluctuate.
These factors work together to determine the gold rate in Mehsana, which is why gold prices can change from one day to the next.
Planning to apply for a gold loan? Check your gold loan eligibility using the latest gold rate in Mehsana.
What is the difference between 18K, 22K, and 24K gold?
The difference between 18K, 22K, and 24K gold comes down to purity, durability, and purpose. Higher purity means more gold content but lower strength. If you are buying jewellery, investing in gold, or checking the 22 carat gold rate in Mehsana or the 24 karat gold price today in Mehsana, knowing these differences can help you make the right choice.
| 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 |
Understanding these purity levels makes it easier to compare the 22 carat gold rate in Mehsana with the 24 karat gold price today in Mehsana, helping you choose the right gold for jewellery, investment, or a gold loan.
Knowing the purity of your gold can also help you estimate its value and your eligible gold loan amount more accurately.
Ways to verify gold purity in Mehsana
Checking your gold's purity is important before buying jewellery, selling gold, or applying for a gold loan. The purity of your gold affects its value and the amount you may be eligible to borrow. Here are some simple ways to verify gold purity in Mehsana.
- Look for the BIS Hallmark: A BIS hallmark certifies that the gold meets the purity standards set by the Bureau of Indian Standards. You can also check the Hallmark Unique Identification (HUID) number for added authenticity.
- Check the purity mark: Gold jewellery is usually stamped with markings such as 18K, 22K, 24K, or 750, 916, and 999, indicating its purity.
- Use a magnifying glass: A closer inspection can help you identify the hallmark and purity stamp clearly.
- Get it tested by a jeweller: Professional jewellers use electronic gold testers or X-ray Fluorescence (XRF) analysers to accurately determine gold purity without damaging the jewellery.
- Verify before pledging: If you plan to apply for a gold loan, ensuring your gold's purity in advance can help you better estimate its value and your eligible loan amount.
Knowing your gold's purity helps you make informed decisions when buying gold, selling it, or applying for a gold loan.
How to calculate gold value in Mehsana?
The value of your gold depends on its weight, purity, and the gold price today in Mehsana. By combining these details, you can estimate your gold's current market value before selling it, investing, or applying for a gold loan. This estimate helps you understand what your gold is worth based on the latest market rates.
You need three details:
- Weight of your gold (in grams)
- Purity of your gold (18K, 22K, or 24K)
- Gold price today in Mehsana for the same purity
Formula:
Gold Value = Gold Weight × Gold Rate per Gram
Example:
If you own 25 grams of 22K gold and the gold price today in Mehsana is Rs. 9,500 per gram, the estimated value of your gold is:
25 × Rs. 9,500 = Rs. 2,37,500
The final value may vary after the lender or jeweller verifies your gold's purity and weight.
Use today's gold rate in Mehsana to check your gold loan eligibility and estimate how much you may be able to borrow.
How do gold rates influence gold investments?
The gold price in Mehsana plays an important role in deciding when to buy, sell, or hold gold investments. When gold prices rise, the value of physical gold, gold ETFs, gold mutual funds, and Sovereign Gold Bonds (SGBs) may also increase. During price declines, some investors view it as an opportunity to invest for the long term.
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How does the gold price in Mehsana today affect your gold loan amount?
The gold rate in Mehsana directly affects the amount you may be eligible to borrow against your gold. When gold prices increase, the assessed value of your pledged gold also increases, which may help you qualify for a higher loan amount. On the other hand, if gold prices fall, the eligible loan amount for the same gold asset may be lower.
Check your gold loan eligibility to find out how much you may be able to borrow based on the latest gold rate in Mehsana.
What decides your eligible loan amount?
Your eligible gold loan amount depends on the value of the gold you pledge. The lender evaluates your gold based on its weight and purity. As per RBI guidelines, the valuation is based on the lower of the previous day's closing price or the 30-day average closing price published by the Indian Bullion and Jewellers Association (IBJA) or a SEBI-regulated commodity exchange. The final loan amount is then determined using the applicable Loan-to-Value (LTV) ratio, which varies by loan size. To know more, click here.
The following factors decide your eligible loan amount:
- Gold weight: More gold generally increases your eligible loan amount.
- Gold purity: Higher purity gold has a higher assessed value.
- Applicable gold rate: The latest eligible gold rate is used to calculate your gold's value.
- Loan-to-Value (LTV) ratio: The maximum loan amount is determined as per RBI guidelines.
- Gold loan interest rate: The applicable interest rate influences your repayment amount and the overall cost of borrowing.
Knowing these factors can help you estimate your eligible loan amount and choose a gold loan that suits your financial needs.
Gold loan: What you should know before applying
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% per annum.
Jewellery and ornaments are accepted between 18K and 22K gold purity. Gold coins are accepted up to 24K purity. Your gold is stored in secure vaults with insurance cover for the entire loan duration.
Here are a few important things to know before applying:
- Eligible 18K to 22K gold jewellery and ornaments, along with gold coins up to 24K purity, are accepted.
- Your loan amount is based on your gold's weight, purity, the applicable gold rate, and the Loan-to-Value (LTV) ratio, not on its original purchase price.
- 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, in line with RBI guidelines.
- Your pledged gold is stored in secure vaults with insurance cover for the entire loan tenure.
- Multiple repayment options are available, and there are no foreclosure charges if you choose to repay your loan early.
Before you apply, use the gold loan calculator to estimate your eligible loan amount or check your gold loan eligibility based on the gold price today in Mehsana, your gold's purity, and its weight.
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Know more about gold rates in Indian states and Union Territories
| Gold rate in Punjab | Gold rate in Rajasthan | Gold rate in Chandigarh |
| Gold rate in Bihar | Gold Rate in Delhi | Gold rate in Telangana |
| Gold Rate in Haryana | Gold Rate in Mizoram | Gold Rate in West Bengal |
Know more about gold rates in other cities
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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. *