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Today Gold Rate in Nagpur: Aug 2022

24 and 22 Carat Gold Price in Nagpur

Last Updated 11th Aug 2022

The gold price in Nagpur for 22-carat gold is ₹ 46,320 and for 24-carat gold is ₹ 50,520.

Gold Price 24 Carat Gold – ₹ per 10 grams 22 Carat Gold – ₹ per 10 grams
Today 50,520 46,320
Yesterday Gold Rate ₹ 50,520 ₹ 46,320
Gold Rate Nagpur Aug 2022
Highest Rate 0 0
Lowest Rate 0 0
Average Rate 0 0
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Today Gold Price Nagpur

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Gold Price Today in Nagpur

Gold holds a special place in Indian households due to the fact that it is both auspicious when it comes to cultural connotations but also holds a great investment portfolio. Thereby it is largely consumed across the country, including Nagpur. No matter what the situation of the economy is, gold consumption never stops and thereby is important to be informed of the changing gold rates in Nagpur. The gold rates in Nagpur are dependent on various factors such as inflation, demand and supply of gold, international relations or rupee-dollar equation. The gold price in Nagpur today is ₹ 46,320 for 22-carat gold, whereas for 24-carat gold it is ₹ 50,520.

Historical Price of Gold Rate in Nagpur

24 Carat Gold Price in Nagpur 2022

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
May 2022
50,520 52,870
April 2022
52,190 54,460
March 2022
51,000 54,380
February 2022
48,980 51,600
January 2022
48,510 49,830

24 Carat Gold Price in Nagpur 2021

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
December 2021
47,450 49,010
November 2021
47,220 49,470
October 2021
46,470 48,270
September 2021
45,490 47,530
August 2021
46,280 48,380
July 2021
47,190 48,480
June 2021
46,740 49,310
May 2021
45,160 47,800
April 2021
44,370 46,250
March 2021
43,980 45,940
February 2021
45,930 49,450
January 2021
48,800 51,350

22 Carat Gold Price in Nagpur 2022

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
May 2022 46,320 48,470
April 2022 47,850 49,880
March 2022 46,750 49,850
February 2022 44,850 47,300
January 2022 44,900 47,730

22 Carat Gold Price in Nagpur 2021

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
December 2021 46,450 47,720
November 2021 46,220 48,470
October 2021 45,470 47,270
September 2021 44,490 46,530
August 2021 45,280 47,380
July 2021 46,190 47,480
June 2021 45,740 48,310
May 2021 44,160 46,800
April 2021 43,370 45,250
March 2021 42,980 44,940
February 2021 44,930 48,450
January 2021 47,800 50,350

From where to buy gold jewellery in Nagpur

When buying gold in Nagpur, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Nagpur for buying gold jewellery are Shri Krishna Jewellers, Pushpalata Jewellers, Mangalkar Jewellers, Konark Jewellers and Karan Kothari Jewellers. Other large Stores that sell certified and hallmark jewellery in Nagpur are ORRA Jewellery, PN Gadgill Jewellers and Apsara Jewellers.

List of banks providing gold loan in Nagpur

Customers who own gold jewellery can always approach a bank or a gold loan company to get a loan against jewellery to meet any urgent personal or business expense. Some of the large banks and gold loan NBFCs in Nagpur that provide loan against gold jewellery are:

About Nagpur

Nagpur is the third largest city in Maharashtra which is also known as "the city of oranges". Like any other user, the people of Nagpur uses gold for jewellery/ornaments and as well as for investment purposes. Gold investors in Nagpur are increasing day by day with the ample investment choices available in the market for gold.

FAQs

What is the gold price in Nagpur for 916 hallmark gold?

The gold price in Nagpur for 916 hallmark gold is ₹ 46,320. The 916 KDM gold price is same as 22-carat hallmark gold.

What is the price of 1 gram gold in Nagpur today?

The price of 1 gm gold in Nagpur today is ₹ 5,052 for 24 carats of gold and ₹ 46,320 for 22 carats gold. 

What is the rate of 23-carat gold in Nagpur?

The rate of hallmark gold of 23-carat in Nagpur is ₹ 50,520.

How is today’s gold rate in Nagpur 916 determined?

The gold rates in Nagpur is determined based on various factors such as the interest rates in the developed countries, demand for gold wherein a lower demand for gold leads to low prices and higher demand leads to high prices. Further, the gold price in Nagpur is also affected by Government policies related to tariffs on gold, and the tariffs charged by the Local Governments.

What is the important checklist for buying gold in Nagpur?

Checklist for buying gold in Nagpur involves being mindful of the following things:

  • Check the gold price per gram: Checking out the gold price per gram is important, as you won’t end up paying more than the actual price. However, check the price from an authentic and reliable source.
  • Know about different purity levels: Before buying gold, it is important that the gold buyer is aware of different purity levels in gold, such as 24 carats or 100% gold, and 22 carats or 91.6% gold. Research about the purity level and pre deicide the level you wish to for based on factors like price and usage of gold.
  • Ensure certification: Ensuring the certification of gold is the most important aspect to check the quality and purity of gold. Ensure that you buy hallmark gold or the gold with the BIS mark.
  • Be aware of the buy-back terms: Lastly, be aware of the lender’s buy-back policy that is the terms on the exchange of gold years later. Know whether the seller will obtain the gold at the same price or whether any cost-cutting is involved.
  • Collect bill: Most importantly, after buying the gold, do not forget to collect a bill form the seller. Collecting the bill will allow you to take actions if the gold is impure or lacks in quality as promised by the seller.

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