Gold is not just a precious metal in India — it’s an emotion, a tradition, and for many, a trusted investment. In Maharashtra, like in the rest of the country, gold prices fluctuate daily due to global market trends, currency exchange rates, taxes, and local demand. Let’s take a look at today’s gold rate in Maharashtra and what it means for you.
💰 Today’s Gold Rate in Maharashtra
📅 Date: 16 September 2025
City | 22K Gold Rate (₹) | 24K Gold Rate (₹) |
---|---|---|
Mumbai | ₹10,154.83 | ₹11,078 |
Pune | ₹10,150 | ₹11,070 |
Nashik | ₹10,200 | ₹11,100 |
What’s Causing Price Changes?
Gold prices aren’t fixed. Here are a few reasons why they fluctuate daily:
- Global gold market trends
- US Dollar to Indian Rupee exchange rate
- Inflation and interest rates
- Import duties and government taxes
- Local festival and wedding season demand
Today, prices have seen a slight increase compared to yesterday, which may be due to rising international demand or currency changes.
Thinking of Buying Gold Today? Read This First:
If you’re planning to buy gold in Maharashtra today, here are a few things to keep in mind:
- Check for BIS Hallmark – Always buy certified gold.
- Know the purity – 24K is pure but soft (ideal for coins/bars), 22K is better for jewelry.
- Understand charges – Making charges + 3% GST can significantly affect the final price.
- Compare prices locally – Check rates in your city and from multiple jewelers before buying.
- Investment vs. Jewelry – Bars/coins are better for investment; jewelry includes extra costs.
Gold Price Forecast – What’s Ahead
Experts believe that with upcoming festivals like Dussehra and Diwali, the demand for gold in Maharashtra will rise, which could push prices even higher. Additionally, any movement in the global market or change in import duties will directly affect local gold rates.
Final Word
If you’re from Maharashtra and tracking gold rates regularly — whether for investment or personal use — it’s a good habit to check daily prices before buying, compare rates from reliable sources, and understand all the added costs.