Maharashtra
Gold Rate in Nashik
Saturday, 25 April 2026
22K Gold
₹1,37,350
per 10 grams
₹13,735/ gram
₹1,09,880 / 8g • ₹13,73,500 / 100g
24K Gold
₹1,49,840
per 10 grams
₹14,984/ gram
₹1,19,872 / 8g • ₹14,98,400 / 100g
Nashik Gold Rate — All Weights
Nashik Gold Rate - Per Gram, 8g, 10g, 100g
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,735 | ₹14,984 |
| 8 grams | ₹1,09,880 | ₹1,19,872 |
| 10 grams | ₹1,37,350 | ₹1,49,840 |
| 100 grams | ₹13,73,500 | ₹14,98,400 |
Rate per gram - 22K: ₹13,735 | 24K: ₹14,984. Excludes GST & making charges.
Gold Rate in Nashik 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 Nashik 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 Nashik
Nashik is one of Maharashtra's most culturally layered cities — a Kumbh Mela pilgrimage site where the Godavari river is believed to have received the first drop of divine nectar, a growing wine-producing region, a significant industrial and defence manufacturing hub, and the gateway to Maharashtra's tribal heartland. This diversity creates a gold market that serves pilgrims buying devotional coins, agricultural families accumulating bridal savings, industrial workers making incremental purchases, and a growing urban professional class.
Where to Buy Gold in Nashik: Key Markets
Mahatma Gandhi Road (MG Road) in the old city area is Nashik's traditional jewellery corridor. Sharanpur Road, Canada Corner, and Dwarka Circle are the modern retail destinations with branded chain presence — Tanishq, Kalyan Jewellers, PC Jeweller, Reliance Jewels, and Malabar Gold all maintain Nashik outlets. For the pilgrim and religious buyer near the Ramkund and Panchvati area, smaller jewellers cater specifically to devotional coin and pendant purchases. Malegaon's large Muslim bridal gold market, within the Nashik district, adds a significant secondary demand catchment.
Nashik Jewellery Styles & Local Preferences
Nashik's bridal jewellery draws on both Maratha and Brahmin traditions — Nath, Thushi, Tanmani, and Mohan Maal in 22K are staples. The city's tribal communities (Warli and Mahadev Koli) have distinct silver jewellery traditions but purchase gold for weddings and significant milestones. Malegaon's Muslim community follows North Indian Mughal-influenced gold conventions — heavy Rani Haars, Tikka, and layered sets. The industrial and IT buyer demographic increasingly demands lightweight 18K and diamond contemporary pieces from branded chains.
Festive & Seasonal Gold Demand in Nashik
The Simhastha Kumbh Mela held every twelve years is Nashik's most dramatic demand spike — pilgrims from across India purchase gold as offerings and mementos on a scale that can overwhelm supply for weeks. Akshaya Tritiya is the primary annual buying day, followed by Dhanteras and Diwali. Gudi Padwa in March–April has strong Marathi household buying. The Maharashtra wedding season concentrates November–February.
Buying Gold in Nashik: Practical Tips
During Kumbh Mela periods, Panchvati area shops see extraordinary footfall but BIS compliance is mixed — stick to branded outlets on Sharanpur Road for any purchase above a few grams. Year-round, the branded chain footprint in Nashik offers reliable BIS hallmark and HUID compliance and transparent GST billing. For pilgrimage-linked coin purchases, prefer TTD-style certified coins from recognised refiners or bank-issued coins rather than loose local-mint pieces.
This is general guidance. Always verify prices, purity, and jeweller credentials independently before any purchase.
How the Nashik Gold Rate Is Determined
The gold rate in Nashik 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 Nashik — announce daily rates that further reflect local transportation costs, dealer margins, and short-term demand conditions. When you shop at a jeweller in Nashik, 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 Nashik jewellers often update their sticker prices each morning. For purchases above a few grams, many buyers in Nashikcall or check online for the day's quoted rate before visiting the showroom.
Related Pages
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Gold Rate by Karat
Frequently Asked Questions
What is the gold rate in Nashik today?
Today's gold rate in Nashik is ₹13,735 per gram for 22K (916 purity) gold and ₹14,984 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 Nashik differ from other cities?
Gold rates in Nashik 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 Nashik retail jeweller is also influenced by supply-chain distance to the nearest bullion hub.
Where can I buy BIS-hallmarked gold jewellery in Nashik?
You can buy BIS-hallmarked gold jewellery from any registered jeweller in Nashik — 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 Nashik with GST today?
With 3% GST included, today's gold rate in Nashik is approximately ₹14,147 per gram for 22K gold and ₹15,434 per gram for 24K gold. On a 10-gram 22K purchase you would pay around ₹1,41,471 inclusive of GST — the GST component alone on that 10 grams is about ₹4,121. 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 Nashik 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 Nashik?
At today's Nashik rate of ₹13,735 per gram for 22K gold, a 50-gram bridal jewellery set would have a base metal value of approximately ₹6,86,750, 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 Nashik 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 Nashik. 22K is the right benchmark if you are shopping for jewellery at a Nashik jeweller. 24K is the relevant benchmark if you are buying investment-grade gold coins, bars, Sovereign Gold Bonds, Gold ETFs, or digital gold.