Gold Price/Rate in Maharashtra Today

Trend of Gold Rate in Maharashtra for July 2025 (rates per gram for 24 karat gold)

Trend of Monthly Gold Rate in Maharashtra for July 2025 

1. The cost of 24 karat gold in the state of Maharashtra observed on 1 July 2025 was Rs.9,555 per gram. As the month of July progressed, several fluctuations were observed in the 24-karat gold prices. 

1. By the end of the month, 31 July 2025, the price of gold increased to Rs.9,702 per gram. This shows that the price of gold went up by the end of the month as compared to the first day of the month. 

1. The highest price of gold was on 23rd July, when it reached Rs.9,933 per gram. While the lowest rate during the month was observed at Rs.9,534 per gram on 9th July 2025. 

1. Though the cost of the valuable yellow metal observed significant fluctuations during the month but ended with an overall increase in Maharashtra. 

1. The percentage increase in the gold prices for the month July in the state was recorded at 1.53%, thereby signifying an upward trend. 

Historical Gold Price in Maharashtra

Factors That Determine the Price of Gold in Maharashtra

These are a few factors that affect the price of gold in Maharashtra.

1. Other than government policies, economic changes, and/or political movements can affect the price of gold in Maharashtra.
2. The value of the Indian Rupee as compared to gold is a major factor that affects the price of gold in Maharashtra. If the value of the U.S. dollar increases when compared to the Indian Ruppe, the price of gold in Maharashtra will increase.
3. Any change in excise duty and also the import rates will change the price of gold.

Pointers to Look out for When Buying Gold in Maharashtra

1. Market movement

You should be aware of the market movement before you buy gold. If the market is down, you can buy gold. After the price of gold increases, you can sell the gold and get the profit.

1. Purchase hallmark gold

You should only buy hallmarked. There are a lot of jewelers in Maharashtra who sell gold that is authentic and pure.

Gold Jewellery Stores in Maharashtra

A few of the jewellery stores in Maharashtra are:

1. Tanishq Jewelers
2. Kalyan Jewelers
3. P Prem Jewelers
4. Malabar Gold and Diamonds
5. Mahalaxmi Jewelers

Options of Gold in Maharashtra

1. Gold is a great investment, and you should understand that you have a lot of options when it comes to buying gold. Other than gold ornaments, you can buy gold ETFs, gold bars.
2. When it comes to gold ETFs, you do not need to buy gold in a physical form. If you do not have high investment capital, you can buy 22-karat or 18-karat gold and this will be cheaper than 24-karat gold.

Why to Buy Gold in Maharashtra

1. Other than buying gold as an investment, it is considered auspicious to purchase gold. During a lot of events like weddings, festivals, people buy a lot of gold.
2. You can use gold as a hedge to secure your future if you face a financial crunch.
3. Gold is considered to be a safe haven. This means that when the markets are down, investors buy gold as it is low risk and less volatile as compared to oil or the U.S. dollar.

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