Maharashtra
Gold Rate in Nagpur
Tuesday, 26 May 2026
22K Gold
₹1,34,850
per 10 grams
₹13,485/ gram
₹1,07,880 / 8g • ₹13,48,500 / 100g
24K Gold
₹1,47,110
per 10 grams
₹14,711/ gram
₹1,17,688 / 8g • ₹14,71,100 / 100g
Nagpur Gold Rate — All Weights
Nagpur Gold Rate - Per Gram, 8g, 10g, 100g
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,485 | ₹14,711 |
| 8 grams | ₹1,07,880 | ₹1,17,688 |
| 10 grams | ₹1,34,850 | ₹1,47,110 |
| 100 grams | ₹13,48,500 | ₹14,71,100 |
Rate per gram - 22K: ₹13,485 | 24K: ₹14,711. Excludes GST & making charges.
Gold Rate in Nagpur with GST (3%)
Every gold purchase in India attracts 3% GST on the metal value. The prices below show what you actually pay at a Nagpur jeweller — base rate plus GST — before making charges.
GST is charged at 3% on gold value only. Making charges typically attract 5% GST separately and are not included above.
Gold Market in Nagpur
Nagpur occupies a strategically central position in India — it is roughly the geographic midpoint of the country — and this is reflected in its gold market, which serves as a distribution and consumption hub for central India. The city's Dharampeth and Sitabuldi areas are the main jewellery shopping destinations, home to established Marwari jewellery houses alongside Maharashtra-based chains. Nagpur's Vidarbha region has strong gold buying traditions among its farming and business communities.
Where to Buy Gold in Nagpur: Key Markets
Sitabuldi, Mahal, and Itwari are the traditional gold belts, with Itwari especially known for wholesale bullion trading. Dharampeth is the modern retail centre, with long-established family jewellers alongside branded chains. Civil Lines and Ramdaspeth host additional jewellery showrooms. Tanishq, Kalyan Jewellers, Joyalukkas, and Senco all maintain Nagpur presence, often in malls on Wardha Road and in the newer West Nagpur areas. Gandhibagh adds a secondary wholesale-retail element.
Nagpur Jewellery Styles & Local Preferences
Nagpur's gold demand draws from multiple traditions — Maharashtrian styles (Nath, Thushi, Kolhapuri Saaj), Marwari heavy-set designs, and Hindi-belt conventions coexist. The city's significant Marwari trader community favours investment-grade coins and bars alongside traditional jewellery. Vidarbha agricultural families tend toward heavier 22K bridal sets purchased in bulk for weddings. Lightweight and contemporary designs have a smaller but growing share driven by the city's younger professional demographic.
Festive & Seasonal Gold Demand in Nagpur
Dhanteras and Diwali dominate the late-year calendar, and their impact is compounded by the post-harvest rural inflow during the same window. Akshaya Tritiya is a steady mid-year peak. Marathi Gudi Padwa in March–April is relevant for Maharashtrian families. The central Indian wedding season runs November–February and May–June. Nagpur's agricultural demand — Vidarbha's cotton and orange farming cycles — adds a less-visible but real layer to annual demand patterns.
Buying Gold in Nagpur: Practical Tips
Itwari wholesalers offer the keenest rates for bulk coin and bar buying but typically operate outside the branded GST-invoice ecosystem — first-time buyers are safer in Dharampeth's branded outlets. For agricultural and rural buyers arriving post-harvest, branded chains offer the clearest BIS hallmark and HUID verification, which matters for resale decades later. Always verify the HUID on every piece using the BIS Care mobile app before leaving the shop.
This is general guidance. Always verify prices, purity, and jeweller credentials independently before any purchase.
How the Nagpur Gold Rate Is Determined
The gold rate in Nagpur is not arbitrarily set. It is derived from a chain that begins with the international spot price, typically quoted in US dollars per troy ounce on the COMEX and LBMA. That dollar figure is converted into Indian rupees per 10 grams using the prevailing USD-INR exchange rate. Customs duty on gold imports and a 3% GST are then layered on top to arrive at a landed domestic price.
Local jewellers' associations in Maharashtra — along with wholesale bullion dealers in Nagpur — announce daily rates that further reflect local transportation costs, dealer margins, and short-term demand conditions. When you shop at a jeweller in Nagpur, the sticker price you see per gram is this local-adjusted base rate. On top of that, the final invoice adds making charges (typically 8–25% of the gold value, depending on the design), any wastage charges, stone weight (if the piece has diamonds or gemstones), and 3% GST on the total.
Rates can move within the day in response to global price shifts and rupee movements, which is why Nagpur jewellers often update their sticker prices each morning. For purchases above a few grams, many buyers in Nagpurcall or check online for the day's quoted rate before visiting the showroom.
Related Pages
Gold Rate by Karat
Frequently Asked Questions
What is the gold rate in Nagpur today?
Today's gold rate in Nagpur is ₹13,485 per gram for 22K (916 purity) gold and ₹14,711 per gram for 24K (999 purity) gold. These are indicative base rates excluding 3% GST, making charges, and any stone or wastage charges your jeweller may add.
Why does the gold rate in Nagpur differ from other cities?
Gold rates in Nagpur can vary slightly from the national average because of local jewellers' association quotes, state-specific levies, transportation costs from import ports, and the concentration of wholesale bullion dealers. The base gold price is set globally, but the landed cost to a Nagpur retail jeweller is also influenced by supply-chain distance to the nearest bullion hub.
Where can I buy BIS-hallmarked gold jewellery in Nagpur?
You can buy BIS-hallmarked gold jewellery from any registered jeweller in Nagpur — look for the BIS triangle logo, the purity stamp (916 for 22K or 999 for 24K), and the six-character HUID code etched onto the piece. Verify the HUID on the BIS Care mobile app before paying. Major branded chains and long-established family jewellers in the city typically maintain full BIS compliance.
What is the gold rate in Nagpur with GST today?
With 3% GST included, today's gold rate in Nagpur is approximately ₹13,890 per gram for 22K gold and ₹15,152 per gram for 24K gold. On a 10-gram 22K purchase you would pay around ₹1,38,896 inclusive of GST — the GST component alone on that 10 grams is about ₹4,046. Note that making charges, wastage, and stone-setting fees are additional and are also subject to GST (typically 5% on making charges). Always ask your Nagpur jeweller for a GST-compliant tax invoice that separately lists gold value, making charges, and the GST amount.
How much gold does a typical bridal set cost in Nagpur?
At today's Nagpur rate of ₹13,485 per gram for 22K gold, a 50-gram bridal jewellery set would have a base metal value of approximately ₹6,74,250, before making charges (typically 8–25%) and 3% GST. A full traditional bridal trousseau often involves 100 grams or more of 22K gold across multiple pieces, and the overall invoice can be significantly higher once making charges, wastage, and stone components are added.
Is the gold rate in Nagpur for 22K or 24K?
We publish both 22K (916 purity, used in almost all Indian jewellery) and 24K (999 purity, used in investment coins, bars, and digital gold products) rates for Nagpur. 22K is the right benchmark if you are shopping for jewellery at a Nagpur jeweller. 24K is the relevant benchmark if you are buying investment-grade gold coins, bars, Sovereign Gold Bonds, Gold ETFs, or digital gold.