Check the gold rate in Sangli daily to make informed buying or borrowing decisions, as prices fluctuate based on demand, supply, inflation, and other factors.
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Like other cities, Sangli experiences high demand for gold, especially during festivals and wedding season. The gold rate in Sangli depends on factors like market trends, purity, and changes in government politics, among others.
Consider these factors when purchasing gold or getting a gold loan against your asset, as they can impact the final price. Comparing rates from different sources can help you get the best deal. To start with, check out the gold rate today in Sangli.
Gold prices in Sangli continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.
Gold Prices on 1st April 2025
- 22-Karat Gold: ₹8,870 per gram
- 24-Karat Gold: ₹9,680 per gram
Gold Prices on 30th April 2025
- 22-Karat Gold: ₹9,300 per gram
- 24-Karat Gold: ₹10,160 per gram
Highest Gold Price in April 2025
The highest recorded price of gold during the month was on 23rd April 2025:
- 22-Karat Gold: ₹9,410 per gram
- 24-Karat Gold: ₹10,270 per gram
Lowest Gold Price in April 2025
The lowest recorded price of gold during the month was on 5th April 2025:
- 22-Karat Gold: ₹8,810 per gram
- 24-Karat Gold: ₹9,620 per gram
Overall Performance
Gold prices in Sangli showed a +4.84% increase in April 2025.
Gold prices in Sangli continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.
Gold Prices on 1st March 2025
- 22-Karat Gold: ₹8,470 per gram
- 24-Karat Gold: ₹9,230 per gram
Gold Prices on 31st March 2025
- 22-Karat Gold: ₹8,860 per gram
- 24-Karat Gold: ₹9,670 per gram
Highest Gold Price in March 2025
The highest recorded price of gold during the month was on 28th March 2025:
- 22-Karat Gold: ₹8,960 per gram
- 24-Karat Gold: ₹9,770 per gram
Lowest Gold Price in March 2025
The lowest recorded price of gold during the month was on 5th March 2025:
- 22-Karat Gold: ₹8,440 per gram
- 24-Karat Gold: ₹9,200 per gram
Overall Performance
Gold prices in Sangli showed a +4.60% increase in March 2025.
Gold prices in Sangli continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.
Gold Prices on 1st February 2025
- 22-Karat Gold: ₹8,200 per gram
- 24-Karat Gold: ₹8,950 per gram
Gold Prices on 28 th February 2025
- 22-Karat Gold: ₹8,480 per gram
- 24-Karat Gold: ₹9,240 per gram
Highest Gold Price in February 2025
The highest recorded price of gold during the month was on 25th February 2025:
- 22-Karat Gold: ₹8,610 per gram
- 24-Karat Gold: ₹9,370 per gram
Lowest Gold Price in February 2025
The lowest recorded price of gold during the month was on 7th February 2025:
- 22-Karat Gold: ₹8,140 per gram
- 24-Karat Gold: ₹8,880 per gram
Overall Performance
Gold prices in Sangli showed a +3.41% increase in February 2025.
The gold investment market is becoming increasingly popular, with a variety of options available to suit every type of investor. Some of the most popular and convenient investment methods, other than physical gold, include:
Digital Gold
This is a popular option when it comes to gold investment. Its appeal lies in the fact that you do not have to worry about the risks of storing physical gold.
Many fintech companies offer digital gold, and allow you to invest online. Once you complete your purchase, these companies buy physical gold and store it in an insured vault.
Gold Bonds
Issued by the Reserve Bank of India (RBI), these are also known as Sovereign Gold Bond (SGBs). The RBI issues them on behalf of the Government of India. You can start with a minimum investment of 1 gram of gold.
The bonds have an 8-year term, but you can exit in the 5th, 6th, or 7th year. You will earn 2.50% annual interest, paid every six months.
Gold Exchange-traded Funds (ETFs)
Gold ETFs are a type of mutual fund that function in a manner that is similar to stocks. Instead of purchasing physical gold, you buy ETF units. They are traded on stock exchanges like the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Mining Stocks
This involves investing in companies engaged in gold mining, refining, and marketing. The gains and losses of these stocks depend on the value of gold. The main benefit of gold mutual funds is that the funds are managed professionally.
Check the gold price today in Sangli before making any investment decision. Several other factors will also contribute to making your purchase rewarding.
Go for a Trusted Seller
Ensure the sellers you shortlist have a strong reputation in the market, even if they have years of experience. Trusted and experienced sellers usually consider updated prices and offer more options. They will provide legitimate certificates and will not impose hidden charges.
Look for the Hallmark Certification
The Bureau of Indian Standards (BIS) has established rules to determine the authenticity of gold. A hallmark logo, hallmark certification, and the 6-digit Hallmark Unique Identification (HUID) stamped on the gold item represent the purity of the metal.
Read more- How to Identify Hallmark on Gold?
Additional Charges
There are extra charges you need to consider when investing in gold, as they can increase your overall expenses. Common charges include construction charges, waste charges, and Goods and Services Tax (GST).
Making and waste charges may vary depending on the seller, so it is important to research and find the most suitable option. You may also try negotiating with the seller to reduce these charges of GST applies to gold jewellery.
Compare Sellers
Secure the best and most affordable deal for your gold investment by comparing the available options. For instance, some sellers offer discounts during the festive or wedding season. Choosing the most affordable and genuine option will yield the best outcome.
Several factors will help you determine the perfect time for your purchase. Check today’s gold rate in Sangli to track any fluctuations in its price. These may occur due to various local or international factors. Some of them include:
Inflation Rate
When inflation rises, gold prices tend to increase as well. This happens because investors view gold as a safe-haven asset during periods of high inflation. As a result, the demand for gold increases, driving up its price.
Gold Reserve
The RBI holding on to its gold for future needs will result in a rise in the price of gold. This decision will lead to a shortage in the supply of gold in the local markets of Sangli, causing prices to increase.
Festive Season
During weddings, celebrations, and festivals, the demand for gold rises, which leads to an increase in gold prices. While some sellers may offer discounts on additional charges, others may raise them to maximise profits during peak season.
US Dollar Rate
Gold prices are typically quoted in US Dollars on global markets. When the US Dollar weakens, gold becomes more affordable for buyers using other currencies, including the Indian Rupee. This often leads to an increase in demand for gold in India, causing its price to rise.
For professional assurance, visit trusted jewellers who can use their expertise to check the authenticity of the gold. Here are a few methods you can follow:
Hallmark
Look for the Bureau of Indian Standards (BIS) hallmark stamping to verify the gold’s purity. You can use the BIS Care App to check the authenticity and details of the hallmark, ensuring your gold is genuine and accurately marked.
Nitric Acid Test
Place a drop of nitric acid on the gold asset and allow it to react for a few minutes. Pure gold will not react to the acid. If the metal contains other materials, it will discolour or turn green.
Black Stone Method
Fraudsters often create jewellery from copper, iron, or brass and coat it with a thin layer of gold. Rub the metal on a black stone to create a streak. If the streak changes colour, the item is fake. Gold will not change colour when rubbed on the stone.
Magnetic Test
Gold is not magnetic, so a simple test with a magnet can help identify counterfeit jewellery. If the magnet is attracted to the item, it is likely made of a magnetic metal, such as iron, rather than gold.
In India, the GST on gold coins is 3%, split into 1.5% for CGST and 1.5% for SGST. The making charges for gold jewellery are also taxed at 5%.
For example, if you purchase gold earrings worth ₹60,000, the GST will be ₹1,800 (3% of ₹60,000). If the jeweller charges ₹3,000 for making the coins, the GST on the making charges will be ₹150 (5% of ₹3,000).
Gold loans are ideal for emergencies because they come with low eligibility criteria and competitive interest rates. The amount you can borrow against your gold asset depends on the current value of gold. If the gold rate is high, you can borrow more. If it decreases, the amount you can borrow also reduces.
This makes gold loans a flexible and reliable option during financial crises. You can compare and apply for different lenders offering gold loans at Bajaj Markets. Just provide a few basic documents and secure a loan within minutes.
Frequently Asked Questions
Why is the gold price in Sangli different from the rest of Maharashtra?
Sangli’s gold price may vary from other cities in Maharashtra due to several local factors. Some of them include:
Market demand
Buying patterns of local consumers
Festivals and cultural preferences
Which form of gold is ideal to buy in Sangli?
The ideal form of gold depends on your personal preferences and budget. If you are looking to invest, buying gold coins or bullion can be a smart choice, as they offer better value over time. On the other hand, for personal use, you can select gold jewellery based on your style and preferences.
It is recommended to check today’s gold rate in Sangli and compare the prices over the past week or ten days before making a purchase.
How to check the purity of the gold?
The most common way to check the purity of a gold item is by looking for the hallmark stamp. For a more accurate assessment, it is best to consult a certified jeweller.
How can I get a gold loan in Sangli?
On Bajaj Markets, you can easily compare and apply for gold loans from different lenders online. The application process is digital, allowing you to apply from home with minimal paperwork.
